Rumors

Joe Biden, the former vice president who once mused about beating up then-candidate Donald Trump last year, shook his fist at hedge fund trader Bill Ackman and may have even threatened to punch him out during a testy exchange at a ritzy dinner in Las Vegas, reports say. A verbal skirmish took place...

Rite Aid Corporation (NYSE: RAD) stock has been all over the radar since its proposed merger with Walgreens Boots Alliance Inc (NASDAQ: WBA) was announced in October of 2015. Rite Aid’s stock has been at the mercy of media rumors about whether the Federal Trade Commission will allow the...

The following are the M&A deals, rumors and chatter circulating on Wall Street for Tuesday, June 27, 2017. Walgreens Said to be Skeptical about Rite Aid Deal Getting Regulatory Approval The Rumor: Shares of Rite Aid Corporation (NYSE: RAD) pulled back Tuesday, following a New York Post report...

Sprint Corp (NYSE: S) shares were seen up 5.1 percent on Tuesday on reports the company has entered exclusive discussions with Comcast Corporation (NASDAQ: CMCSA) and Charter Communications, Inc. (NASDAQ: CHTR) about a potential wireless service deal. Details of the discussions are fuzzy at the...

Shares of Sprint Corp (NYSE: S) were trading higher by around 4 percent early Tuesday morning after reportedly being in talks with Charter Communications, Inc. (NASDAQ: CHTR) and Comcast Corporation (NASDAQ: CMCSA) to form a partnership. The three companies are working on a potential deal in which...

The following are the M&A deals, rumors and chatter circulating on Wall Street for Monday, June 26, 2017. Report Says FTC to Approve Walgreens-Rite Merger The Rumor: Rite Aid Corporation (NYSE: RAD) shares rose 30 percent Monday as CTFN reported that its proposed merger with Walgreens Boots...

The following are the M&A deals, rumors and chatter circulating on Wall Street for Friday, June 23, through Sunday, June 25, 2017. Whole Foods Reportedly Received No Other Bids The Rumor: Wal-Mart Stores Inc (NYSE: WMT) is not considering making a bid for Whole Foods Market, Inc. (NASDAQ: WFM...

The following are the M&A deals, rumors and chatter circulating on Wall Street for Thursday, June 22, 2017. Investor Urges Potbelly to Explore Sale The Investor Comments: Potbelly Corp (NASDAQ: PBPB) activist 4 percent shareholder Ancora Advisors said it wants the sandwich chain to makes some...

Ever since the New York Post reported in mid-May that Colgate-Palmolive Company (NYSE: CL) had admitted to being open to the prospect of selling itself, one legendary investor has repeatedly been mentioned in conjectural conversations - Warren Buffett. Colgate CEO Ian Cook reportedly indicated he...

Obama to lead Uber? It is a realistic possibility according to Trip Chowdhry, the managing director of Global Equities Research. “Developers believe that US Ex-President Barack Obama may become the new CEO of Uber. Ex-President Obama would be an exceptional, out-of-the-box and a perfect CEO...

In what many motorcycle enthusiasts would consider a marriage made in hell, Harley-Davidson Inc (NYSE: HOG) is considering buying Italian motorcycle manufacturer Ducati, the epitome of elegant engineering and sophisticated styling. Harley, which makes loud and comparatively brutish motorcycles, is...

Advanced Micro Devices, Inc. (NASDAQ: AMD) shares soared on Wednesday after the company provided details on its newly-launched EPYC server processor. With EPYC, AMD is taking dead aim at the x86 server chip market that is currently more than 99 percent controlled by rival Intel Corporation (NASDAQ...

Sheryl Sandberg left her job as vice president of global sales and operations at Google (parent company, Alphabet Inc. (NASDAQ: GOOG) (NASDAQ: GOOGL)) to join Facebook Inc (NASDAQ: FB) and serve as its chief operating officer in 2008. But perhaps more important, her job at Facebook provided the...

Even under proverbial shackles, Martin Shkreli continues to flex his powerful muscles. The founder and former CEO of Turing Pharmaceuticals could reclaim corporate leadership ahead of the June 26 start to his securities fraud trial. The board of Turing met Wednesday and shareholders voted to elect...

Shares of Staples, Inc. (NASDAQ: SPLS) gained 7 percent early Thursday morning on chatter that the company is targeted for an acquisition. Sycamore Partners, a private equity giant, is reportedly in advanced talks to acquire the office supply retailer, Reuters reported. The deal could value Staples...