Streetbeat News

Acquisitions Mergers

NEM

Newmont Corporation has sold its Musselwhite gold mine in Ontario to Orla Mining for $810 million. This divestment is part of Newmont's strategy to focus on core assets and may lead to further share buybacks, according to Jefferies analysts.

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November 19, 2024 | 4:45 pm

DVN

Devon Energy, a $25.5 billion oil E&P company, faces challenges due to low Permian basin natural gas prices, despite its strong operations and upcoming benefits from the Grayson Mill acquisition.

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November 19, 2024 | 4:15 pm

DWAC

Trump Media & Technology Group's stock, referred to as 'DJT', experienced a decline as discussions about a potential acquisition of the cryptocurrency company Bakkt cooled down.

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November 19, 2024 | 4:15 pm

ITT

ITT is experiencing growth due to strong performance in pump projects, the Habonim valves business, and the acquisition of Svanehøj. The company is also implementing shareholder-friendly policies.

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November 19, 2024 | 4:15 pm

GS

Goldman Sachs Chairman David Solomon predicts a stronger M&A environment and capital raising under the next Trump administration, expected to pick up in 2025.

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November 19, 2024 | 4:15 pm

BKKT

Shares of Bakkt Holdings Inc (NYSE:BKKT) surged by 10.5% amid speculation of a potential buyout involving Trump Media.

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November 19, 2024 | 4:00 pm

CVS

CVS Health has appointed Dr. Sreekanth Chaguturu to lead its healthcare delivery business, following its significant investments in Signify Health and Oak Street Health. This move is part of CVS's strategy to enhance its healthcare services.

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November 19, 2024 | 3:45 pm

VVV

Franchise Equity Partners (FEP) has formed a strategic partnership with Valvoline Inc. to acquire 38 company-owned stores in Texas, aiming to accelerate growth in the region.

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November 19, 2024 | 3:45 pm

GOOGL

HPE

JNPR

LOW

XPEV

Alphabet faces regulatory pressure to sell Chrome, while HPE and Juniper Networks are in a merger battle. Lowe's and XPENG stocks fell despite positive earnings and guidance.

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November 19, 2024 | 3:30 pm

FWONA

Liberty Media, the U.S.-based owner of Formula One, is awaiting a decision from EU antitrust regulators on its planned takeover of MotoGP's parent company, Dorna. The decision is expected by December 19, according to a European Commission filing.

Portfolio Pulse from

November 19, 2024 | 3:15 pm