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Acquisitions Mergers

TMUS

T-Mobile is considered a good buy due to its unique bundling, customer-centric approach, and strong financials. However, it faces competition from Verizon and AT&T, and has a higher insider ownership profile.

Portfolio Pulse from

November 12, 2024 | 4:30 pm

HON

Honeywell International (HON) shares reached an all-time high after Elliott Investment Management disclosed a $5 billion-plus stake and is advocating for a company breakup.

Portfolio Pulse from

November 12, 2024 | 4:30 pm

META

Hedge fund ValueAct Capital has acquired a $1 billion stake in Meta Platforms, the parent company of Facebook and Instagram.

Portfolio Pulse from

November 12, 2024 | 4:30 pm

HON

Honeywell International Inc.'s stock surged to a record high after Elliott Investment Management disclosed a significant stake and advocated for the company's breakup.

Portfolio Pulse from

November 12, 2024 | 4:15 pm

XOM

Exxon Mobil Corp is selling its conventional oil drilling assets in the Permian Basin to Hilcorp Energy for approximately $1 billion.

Portfolio Pulse from

November 12, 2024 | 3:45 pm

CRZBY

Commerzbank is considering acquiring a mid-sized German bank to prevent a potential takeover by Italy's UniCredit.

Portfolio Pulse from

November 12, 2024 | 3:45 pm

MDRX

The article discusses the potential for a merger and acquisition (M&A) boom by 2025, highlighting the impact of reduced regulatory constraints in the US. This shift could benefit companies like Veradigm, which may be involved in future M&A activities.

Portfolio Pulse from

November 12, 2024 | 3:15 pm

PFE

Pfizer is considering selling its hospital drugs unit to divest non-core assets, influenced by pressure from activist investor Starboard Value.

Portfolio Pulse from

November 12, 2024 | 3:00 pm

CI

HUM

Cigna has ended speculation about a potential merger with Humana, leading to a 7.3% increase in Cigna's stock price, while Humana's stock price slipped. Cigna also reaffirmed its 2024 outlook, projecting a minimum full-year adjusted EPS of $28.40.

Portfolio Pulse from

November 12, 2024 | 3:00 pm

HD

Home Depot (NYSE: HD) is expected to see a 12% increase in 2024 and a 25% increase in 2025 due to outperformance driven by consumer trends, acquisitions, and pro-business strategies. The company has improved its guidance despite negative sentiment.

Portfolio Pulse from

November 12, 2024 | 3:00 pm