Rumors

After a huge run last week, World Wrestling Entertainment, Inc. (NYSE: WWE) stock spiked higher by more than 12 percent Monday after ESPN and other outlets reported that WWE has agreed in principle to a deal that would move “SmackDown” from Comcast Corporation (NASDAQ: CMCSA)'s USA...

The proposed tie-up between Dutch-based NXP Semiconductors NV (NASDAQ: NXPI) and U.S.-based QUALCOMM, Inc. (NASDAQ: QCOM) has been going on for months. What Happened Qualcomm was forced to re-file its application to merge with NXP Semiconductors last month with Chinese regulators, which added...

The U.S. Food and Drug Administration issued an alert on issues discovered in ongoing studies of Merck & Co., Inc. (NYSE: MRK)’s Keytruda Roche’s Tecentriq, according to a headline from Bloomberg. Regulators reportedly found that some patients had decreased survival. Why It’...

World Wrestling Entertainment, Inc. (NYSE: WWE)'s stock was trading higher by 15 percent Thursday morning after a report that rights to the company’s “Smackdown Live” program could soon be up for open bidding as Comcast Corporation (NASDAQ: CMCSA) subsidiary NBC Universal...

Activist investor Elliott Management has liquidated or is liquidating its stake in Taubman Centers, Inc. (NYSE: TCO), according to The Deal. The move could be a “major blow” to fellow activist Jonathan Litt’s Land & Buildings Investment Management and its proxy fight against...

Facebook, Inc. (NASDAQ: FB) is reportedly testing a paid, ad-free site to determine whether such an offering would allay users’ privacy concerns and catalyze growth, but early research suggests it won’t have the intended effect. According to a survey by Alpha HQ, 79 percent of Facebook...

Blue Apron Holdings Inc (NYSE: APRN) has been one of the worst-performing high-profile IPOs in recent years, down more than 75 percent from its $10 IPO price last June. While Wall Street still isn’t getting bullish on the battered stock, it’s bearish sentiment may be softening. Blue...

Amazon.com, Inc. (NASDAQ: AMZN) is offering to negotiate lower charges and pass its discounts on credit-processing fees onto retailers that adopt Amazon Pay, according to a Bloomberg report. The diminished rates are meant to entice retailers generally charged 2-percent fees on credit transactions...

Wednesday is proving to be a busy day for Xerox Corp (NYSE: XRX) and its shareholders. What Happened Xerox's stock was trading lower by more than 5 percent Wednesday morning after activist investors Carl Icahn and Darwin Deason succeeded in ousting CEO Jeff Jacobson and six of the 10 members...

-LiveMint https://www.livemint.com/Industry/W4Nlw3g4Zt2Fmt6PJCoulN/SoftBank-wants-Flipkart-to-wait-for-Amazon-offer.html

General Electric Company (NYSE: GE)'s nearly yearlong strategic review of its business could result in an unexpected outcome: hybrid deals or an IPO spinoff. What Happened GE could sell one or more of its assets, but the company may be poised to oversee a hybrid deal that would give...

-Reuters https://www.reuters.com/article/us-flipkart-online-m-a-walmart/exclusive-walmart-close-to-buying-majority-of-indias-flipkart-deal-likely-by-end-june-sources-idUSKBN1HJ0YJ

The on-again, off-again merger between CBS Corporation (NYSE: CBS) and Viacom, Inc. (NASDAQ: VIAB) is taking a dramatic turn that could alienate CBS CEO Les Moonves. What Happened Shari Redstone, daughter of media mogul Sumner Redstone, continues her push to combine CBS and Viacom into one...

Just five months after T-Mobile US Inc (NASDAQ: TMUS) and Sprint Corp (NYSE: S) abandoned merger talks, the two are back at the table in preliminary discussions, according to the Wall Street Journal. T-Mobile popped 4.3 percent and Sprint 17.8 percent on the report. Why It’s Important The...

Intel Corporation (NASDAQ: INTC) plunged Monday afternoon following a discouraging report from Bloomberg. What Happened Bloomberg reported that Apple Inc. (NASDAQ: AAPL) will begin integrating its own chips into Mac computers, effectively cutting Intel from the equation. Why It’s...