Private Equity Firm Pays $1.9 Billion for Mindbody
Vista Equity Partners has agreed to acquire health and wellness software platform provide Mindbody for $1.9 billion in cash. The price represents a premium of 68% to Friday's closing price.
All Work
Paul Ausick
Qualcomm vs. Apple Impact in Perspective
Last week a German court forced Apple to stop selling certain iPhone models when it ruled in favor of Qualcomm in a long-running dispute between the two U.S. firms. Analysts at Loup Ventures assess…
South Korea Levies $10 Million Fine on BMW, May File Criminal Charges
South Korea has fined BMW $10 million and file criminal charges against the company for delaying a recall to inspect and repair a problem that caused spontaneous engine fires.
25 Boards of Directors With Shocking Pay Packages
At one time, being a member of the board of directors of an S&P 500 company might have meant attending a few meetings a year, having some meals at the company’s expense, and scoring…
Facebook, Ford Drop into Friday’s 52-Week Low Club
Facebook, Bank of America, Ford, and Citigroup all posted new 52-week lows Friday.
US Oil Rig Count Jumps by 10 This Week, Crude Price Holds Gains
The number of U.S. land-based drilling rigs searching for oil rose by 10 this week, following two weeks of declines. Crude prices got a boost earlier in the day from a report that the…
Canadian Pot Grower Hexo Files for US IPO
Canadian marijuana producer Hexo has filed for a U.S. IPO. The company recently struck a deal with brewer Molson Coors to develop non-alcoholic, cannabis-infused beverages for the Canadian market.
Ford Recalls 874,000 Pickups in US and Canada
Ford is recalling 874,000 F-Series pickups sold in the U.S. and Canada to inspect or replace a faulty cable connector for trucks equipped with an engine block heater.
December Sentiment Index Rises, Full-Year Index Hits 18-Year High
Consumer sentiment in December rose year over year and month over month. Expectations for the future slipped a bit, but consumers remained positive on the current state of the U.S. economy.
Airplanes Boost November Durable Goods Orders
Durable goods orders in November rose month over month but fell short of expectations even given a sharp downward adjustment in October's total.
2018 On Track for Better-Than-Expected Car Sales, 2019 Not So Much
Analysts at Cox Automotive and Edmunds have published estimates of new vehicle sales for all of 2018 and Cox has forecast annual sales for 2019.
Boeing May Have Mitigated One Problem Just in Time to Face Another
Between Thursday's closing bell and Friday's opening bell, Boeing has announced two commitments for up to 150 of its 737 MAX airplanes, but it's proposed deal for a joint venture with Embraer is on…
November Retail Spending Growth Tops Expectations
U.S. retail sales rose slightly month over month in November and by more than 4% year over year as the holiday shopping season hit full stride.
Tariff Suspension Won’t Help Ford’s Plunging Sales in China
The Chinese government announced that it will rollback its 25% tariff on imported cars for three months beginning January 1. That is unlikely to end Ford's slowing sales in the country which have sunk…
The Bell Curve of Tech Addiction
Are there potential market opportunities for products to help consumers shake off an addiction to technology? Analysts at Loup Ventures think so and outline where those opportunities might be.
Be Liquid, Be Prepared to Move Fast as Global Economy Slows: Pimco
Investment advisory firm Pimco has raised its probability for a 2019 recession and makes some recommendation on how investors can be prepared for continued, but slower growth or a recession.
AT&T, Bank of America Slide into Thursday’s 52-Week Low Club
Bank of America, AT&T, Chesapeake Energy, and Micron all posted new 52-week lows Thursday.
Apple Ordered to Cease iPhone Sales in Germany
Qualcomm won an injunction against Apple in a German court this morning that bans the sale in the country of iPhones that used technology claimed in a Qualcomm patent.
Skittish Investors Hammer Airbus on Report of US Corruption Investigation
A French newspaper reported this morning that European aircraft maker Airbus was being investigated by the U.S. Justice Department for possible illegal payments to government customers around the world.
Natural Gas Price Holds Slight Gain Following In-Line Inventory Withdrawal
Natural gas prices have dropped below $4 per million BTUs over the past week but built a small gain Thursday following the weekly storage report from the U.S. Energy Information Administration.