Rumors

Another Gold Mining Merger Rumor Goes Soft, Sort Of

Posted: May 17, 2019 at 10:25 am

Iamgold Corp. (NYSE: IAG) is a relatively small gold mining outfit that recently joined in the buyout rumor mill. A report from Bloomberg on Thursday had indicated that Iamgold was ...
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Is KKR Set to Pay $1 Billion for Corel?

Posted: May 15, 2019 at 11:35 am

Corel, makers of Corel Draw and a host of other computer software and hardware products, got its start in 1985 in Ottawa and was first publicly traded in 1989. Over ...
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Facebook’s Cryptocoin: Where Do We Sign Up?

Posted: May 3, 2019 at 1:15 pm

One thing to say for Facebook Inc. (NASDAQ: FB): the company thinks inside the box. It's own box. With a fine of up to $5 billion looming and regulators around ...
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What a PG&E Bankruptcy Would Mean

Posted: January 7, 2019 at 11:15 am

On November 8, shares of PG&E Corp. (NYSE: PCG) closed near $49. A week later the closed at just over $17. What happened in between may lead the largest gas ...
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Is Shell About to Spend $8 Billion to Double Its Permian Basin Acreage?

Posted: December 19, 2018 at 9:40 am

According to a Bloomberg News report Tuesday, Royal Dutch Shell PLC (NYSE: RDS-A) is negotiating to buy privately held Endeavor Energy Resources for about $8 billion. If the deal is ...
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What Will Coca-Cola Acquire Next?

Posted: August 31, 2018 at 11:35 am

With its $5 billion acquisition of the Costa coffee shop chain, Coca-Cola Co. (NYSE: KO) once more has shown its commitment to expanding its footprint and the diversity of its ...
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6 Most Important Things in Business Today

Posted: August 10, 2018 at 5:17 am

The housing market has started to falter. According to MarketWatch: The housing market hit a sudden and “significant” slowdown in the past few weeks that could continue in coming months, ...
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Walmart Wants to Be Last Man Into the Streaming Media Business?

Posted: July 19, 2018 at 6:40 am

Several media outlets tried to get Walmart Inc. (NYSE: WMT) management to confirm that the company will go into the streaming media business. Presumably, the move would be to better ...
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How Much Groupon Might Actually Fetch in a Buyout

Posted: July 9, 2018 at 3:25 pm

Shares of Groupon Inc. (NASDAQ: GRPN) have popped handily on Monday on word that the "daily deals" website has been contacting other companies to drum up interest in acquiring the ...
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Will Verizon Sell Oath to Tim Armstrong?

Posted: July 6, 2018 at 8:00 am

A recent report at The Information indicates that Oath CEO Tim Armstrong is considering buying the company out of Verizon Communications Inc. (NYSE: VZ). Armstrong's interest includes both the Yahoo ...
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What GameStop Might Actually Fetch in a Buyout

Posted: June 19, 2018 at 10:00 am

If one company has been a victim of the change in retail and in the selling of video games, GameStop Corp. (NYSE: GME) would certainly be a prime example. GameStop's ...
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With Sprint, T-Mobile Gets Poorly Run Company With Poor Service (Update)

Posted: April 28, 2018 at 8:40 am

Update: The deal closes with Sprint valued at $26 billion, and T-Mobile at $55 million. Together, the new entity will have about as many wireless customers as AT&T and Verizon ...
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New Sprint/T-Mobile M&A Talks Rekindle Interest in Telecom Sector

Posted: April 10, 2018 at 1:25 pm

As if there was not enough going on in the world, now investors and traders get to deal with the possibility that an on-again-off-again merger may be coming back to ...
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Is Wynn a Good Deal for MGM Resorts?

Posted: April 6, 2018 at 11:05 am

Now that founder and CEO Steve Wynn of Wynn Resorts Ltd. (NASDAQ: WYNN) has sold all his stock in the company, MGM Resorts International (NYSE: MGM) may be interested in ...
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Why Walmart Might Want to Acquire Humana

Posted: March 30, 2018 at 9:10 am

Late Thursday, reports began to trickle in that retail behemoth Walmart Inc. (NYSE: WMT) was in preliminary negotiations to acquire health insurer Humana Inc. (NYSE: HUM). Humana's market cap of ...
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