Category: Rumors

Siemens Healthineers, GE Healthcare Studying Potential Deals With Medtronic’s Spun Off Units

Siemens Healthineers AG (OTC: SMMNY) (OTC: SEMHF) and General Electric Company’s (NYSE: GE) healthcare arm are reportedly weighing the potential acquisition of Medtronic Plc’s (NYSE: MDT) two businesses being spun-off. Medtronic announced in October its intention to spin off the Patient Monitoring and Respiratory Interventions units within the next year to 18 months.  Medtronic’s patient-monitoring and respiratory-intervention businesses are also … […]

CPI Data Leak? Traders Cry Foul Over Suspicious Market Action

The SPDR S&P 500 ETF Trust (NYSE: SPY) initially jumped more than 2.5% on Tuesday morning after the consumer price index inflation reading for November came in lower than expected. Yet the timing of the initial spike in the stock market has raised some eyebrows among seasoned traders. What Happened? About 60 seconds before the CPI […]

United Airlines And Boeing Poised To Ink Significant Order Agreement For 787s

United Airlines Holdings Inc (NASDAQ: UAL) plans to order Boeing Co’s (NYSE: BA) 787 Dreamliner next week, although the number of 787s United may order is unclear. Reuters reported that Boeing and United were close to reaching a deal last week. In August, United CEO Scott Kirby told pilots that the carrier plans to order more than 100 wide-body airplanes.  […]

iPhone Users May End Up Paying More For Twitter Blue, EU Court Asks Google To Remove False Data, New York Times Employees Stage Walk Out On Pay Dispute: Top Stories Thursday, Dec. 08

Benzinga Elon Musk-Tim Cook Spat Not Over? iPhone Users May End Up Paying More Than $8 For Twitter Blue Elon Musk’s Twitter is reportedly planning to increase the price of Twitter Blue for Apple Inc (NASDAQ: AAPL) users. Some Twitter employees have been informed that the platform is planning to increase the pricing of Twitter […]

Eni Seeks To Buy Private Equity-Backed Neptune Energy For Around $6B: Report

Eni SpA (NYSE: E) is reportedly in preliminary talks to buy private-equity-backed gas and oil producer Neptune Energy for around $5 billion -$6 billion. Neptune produces around 130,000 barrels of oil equivalent per day (boed), primarily gas.  Neptune is owned by China Investment Corporation (CIC), the Carlyle Group Inc (NASDAQ: CG), and CVC Capital Partners. Also Read: Read More

Mirati Therapeutics Garners Interest From Large Pharmas Ahead Of Much Awaited Data Next Month

Mirati Therapeutics Inc (NASDAQ: MRTX) is reportedly amid fresh takeover interest from large pharmaceutical companies ahead of updates on its drug pipeline.  For some time, the cancer-focused company has been weighing strategic options, including a potential sale. Related: Mirati’s Adagrasib Shows Promising Efficacy In KRAS Mutated Colorectal Cancer. Mirati is working with an adviser, and larger drugmakers […]

Meta Platforms Denies Zuckerberg Plans To Resign: What You Need To Know

Meta Platforms Inc (NASDAQ: META) denied a report Tuesday that founder and CEO Mark Zuckerberg is set to resign as early as next year amid the company losing billions on its Metaverse investments. What Happened: The report, published by The Leak, which reports on rumors in politics and tech, cited unnamed sources in saying that […]

Novartis Mulls Disposing Its Non-Core Ophthalmology and Respiratory Units

Novartis AG (NYSE: NVS) is reportedly weighing divesting non-core assets as it seeks to raise money to invest in cutting-edge medicines, people familiar with the matter said. The pharma giant is in the early stages of considering options for its ophthalmology and respiratory units. Some private equity firms are already studying the businesses. Bloomberg noted that the ophthalmology […]