Rumors

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...

The following are the M&A deals, rumors and chatter circulating on Wall Street for Wednesday, June 21, 2017. Diageo to Acquire Casamigos for $700M Upfront, $300M in Performance-Related Payments The Deal: Diageo plc (ADR) (NYSE: DEO) will acquire Casamigos, the tequila brand founded by Rande...

The following are the M&A deals, rumors and chatter circulating on Wall Street for Tuesday, June 20, 2017. PAREXEL to be Acquired for $88.10/Share Cash by Pamplona Capital The Deal: PAREXEL International Corporation (NASDAQ: PRXL) and Pamplona Capital Management, LLP have entered into a...

Amazon.com, Inc. (NASDAQ: AMZN)'s acquisition of Whole Foods Market, Inc. (NASDAQ: WFM) is a mere few days old and far away from receiving the necessary regulatory approval. But this hasn't stopped Wall Street analysts from guessing who Amazon will target next. Maxim Group's Tom Forte...

Bellicum Pharmaceuticals Inc (NASDAQ: BLCM) shares were sharply higher on about four times their average volume Monday, seeing bleed-through into Tuesday's pre-market session, where shares were up 4.65 percent at $13.50. The move comes amid a lack of any meaningful news release from the...

Shares of Tesla Inc (NASDAQ: TSLA) were trading higher by more than 3 percent early Tuesday following unconfirmed reports the electric-car and solar-power maker is close to reaching an agreement with the Chinese government. The agreement involves Tesla and the Chinese city of Shanghai building...

Reddit, the popular social news aggregation, web content rating and discussion website that bills itself as "the front page of the internet," is valued at $1.5 billion. Reddit's management team is pitching venture capitalists to secure $150 million in financing based on a $1.5 billion valuation,...