Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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Perrigo (NYSE: PRGO) announced its plans to buy Elan Corporation plc (NYSE: ELN) for $8.6 billion.Perrigo will pay $6.25 per share in cash and $10.25 per share in stock to buy Elan. The deal price of $16.50 per share represents a 10.5% premium to Elan's closing price on Friday.Perrigo projects the transaction to close by year-end.Equities Trading UP
3D Systems (NYSE: DDD) shot up 6.31 percent to $50.34 after analysts at Brean Capital initiated coverage on the stock with a “buy” rating.Shares of CF Industries (NYSE: CF) were also up, gaining 10.78 percent to $200.99 after Dan Loeb's Third Point revealed its stake in the company in a quarterly letter to investors.Saks (NYSE: SKS) was also up, gaining 4.05 percent to $15.93 after Hudson's Bay announced its plans to buy the company for $16 per share.Equities Trading DOWN
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In commodity news, oil traded down 0.08 percent to $107.00, while gold traded up 0.55 percent to $1,328.70.Silver traded down 0.58 percent Monday to $19.89, while copper rose 0.16 percent to $3.11.Euro zone
European shares were mixed today. The Spanish Ibex Index surged 0.13 percent and the Italian FTSE MIB Index dropped 0.94 percent. Meanwhile, the German DAX rose 0.09 percent and the French CAC 40 gained 0.01 percent while U.K. shares fell 0.58 percent.Economics
Pending home sales declined 0.4% in June, the National Association of Realtors reported.The Dallas Fed general business activity index fell to 4.40 in July, versus a prior reading of 6.50. However, economists were expecting a reading of 7.50.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.