Salesforce deals to buy Slack are expected to be announced on Tuesday after markets close, sources told CNBC’s David Faber. The deal is expected to be about half cash and half stock, sources said. Salesforce is set to report quarterly earnings on Tuesday. As of Monday morning, Slack’s market cap …
Read More »Slake shares rose following reports of a potential salesforce acquisition
Stuart Butterfield (C), Slack’s co-founder and chief executive officer, and Slack’s chief financial officer Alan Shim (2GL), will ring the opening bell of the New York Stock Exchange (NYSE) in New York on June 20, 2019. City. Drew Engerer | Getty Images Shares of Slake rose more than 25% on …
Read More »NYSE gets approval for cheaper IPO alternative for companies amid SPAC boom
The New York Stock Exchange has won the approval of regulators to allow companies new shares through direct listings, creating a cheaper alternative to the traditional first public offering. The Securities and Exchange Commission said Wednesday night in an order that it approved a new type of direct listing where …
Read More »SoftBank swings to profit after record loss when Vision Fund returns
Masayoshi Son, Chairman and CEO of SoftBank Group at the SoftBank World 2018 event in Tokyo, Japan. Kiyoshi Ota | Bloomberg | Getty Images SoftBank Group posted a quarterly profit of $ 12 billion on Tuesday after reporting historic losses of $ 13 billion for its last fiscal year. The …
Read More »Microsoft Earnings (MSFT) 4Q 2020
Satya Nadella, CEO of Microsoft Corp., listens during an interview at The David Rubenstein Show in New York on September 27, 2017. Christopher Goodney | Bloomberg | fake pictures Microsoft shares fell as much as 3% in off-hours trading on Wednesday after the company reported better-than-expected fourth-quarter tax earnings that …
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