Chevron Buys $2.3 Billion Hess Stake, Says Confident on Merger
(Bloomberg) -- Chevron Corp. bought nearly 5% of Hess Corp. as a show of confidence that it will win the arbitration battle with Exxon Mobil…
The IQ Merger Arbitrage ETF (MNA) seeks investment results that correspond generally to the price and yield performance of its underlying index, the IQ Merger Arbitrage Index. The fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the investments included in its underlying index. The underlying index seeks to employ a systematic investment process designed to identify opportunities in companies whose equity securities trade in developed markets, including the U.S., and which are involved in announced mergers, acquisitions and other buyout-related transactions. The fund is non-diversified.
(Bloomberg) -- Chevron Corp. bought nearly 5% of Hess Corp. as a show of confidence that it will win the arbitration battle with Exxon Mobil…
Chevron said the stock purchase reflects its continuing confidence in completing the pending acquisition of Hess. In October 2023, Chevron agreed to acquire Hess in…
We recently published a list of Top 10 Stocks to Buy According to Adage Capital Management. In this article, we are going to take a…
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As the owner of 7-Eleven considers a potential deal with fellow titan Couche-Tard, its executives say the failed supermarket combination is a “cautionary tale” about…
Luxury fashion group Prada's CEO Andrea Guerra has flown to New York, a source close to the matter told Reuters, as the group is in…
The leadership shake-up follows reports of Prada exploring a deal to buy Versace from Capri. Read More Yahoo! Finance: CPRI News
We recently published a list of These 10 Stocks Defied Thursday’s Slump. In this article, we are going to take a look at where Capri…
iRobot, the firm behind the well-known Roomba vacuums, has issued a warning of “substantial doubt" about the future of the company. Read More Yahoo! Finance:…
The head of a renowned luxury fashion house steps down amid acquisition rumors. Read More Yahoo! Finance: CPRI News
Donatella Versace is stepping aside as creative director after friction with the brand’s U.S. owner, who wanted her to tone it down Read More Yahoo!…
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IRBT's fourth-quarter 2024 revenues decline 44.1% on account of lower sales of solo and other products. Read More Yahoo! Finance: IRBT News
Dario Vitale will take over the role as part of a succession plan, according to brand owner Capri Holdings. Read More Yahoo! Finance: CPRI News
Donatella Versace will step away from her role as chief creative officer and move into the position of chief brand ambassador, said Capri Holdings. Read…
Donatella Versace, who helped to ensure the survival of the family fashion empire after the killing of her brother Gianni almost three decades ago, is…
Donatella Versace has been replaced as creative director of the fashion house founded by her late brother Gianni Versace, assuming the new role of chief…
Sales and headcount at iRobot have plunged by half. Read More Yahoo! Finance: IRBT News
Capri Holdings said on Thursday Versace brand's chief creative officer, Donatella Versace, will step down and hand over the reins to Italian luxury brand Miu…
Fee-based contracts have allowed Hess Midstream to have predictable cash flows and thus reliable dividend distribution increases since 2017. Read More Yahoo! Finance: HES News
LONDON, March 13, 2025--Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, and Versace announced today that Chief Creative Officer Donatella Versace will assume the…
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The company behind the popular Roomba vacuums revealed severe financial instability, highlighting declining revenue and mounting losses. CEO Colin Angle acknowledged the challenges, stating, "We…
"Given macroeconomic and tariff-related uncertainties, there is substantial doubt about iRobot's ability to continue as a going concern," iRobot said in a statement. The vacuum…
iRobot (IRBT) stock is plummeting by nearly 35% ahead of Wednesday's market close after the Roomba-maker warned about the company's "substantial doubt" of its ability…
IRBT's Roomba robots are designed to handle a variety of cleaning tasks to provide an efficient home-cleaning experience for customers. Read More Yahoo! Finance: IRBT…
Zynex (ZYXI) shares slumped 49% amid heavy trading after the company reported late Tuesday it swung Read More Yahoo! Finance: IRBT News