Bio-Rad Laboratories, Qiagen Mull Merger Of Equals

Bio-Rad Laboratories Inc (NYSE: BIO) is reportedly in talks to merge with Qiagen NV (NYSE: QGEN), but any agreement isn’t likely for another few weeks or more, or it may not happen at all. A deal between Qiagen and Bio-Rad would be the latest tie-up in the medical-diagnostic market. The sector has grown as the pandemic helped increase […]

Exxon Mobil Shows Initial Interest In Denbury Takeover

Exxon Mobil Corp (NYSE: XOM) has expressed preliminary interest in Denbury Inc (NYSE: DEN). No final decision has been made, and Exxon could opt against proceeding with a potential deal. If it goes through, it would be the biggest carbon-management investment since the Inflation Reduction Act was passed in August, Bloomberg reported, providing significant tax incentives for burying […]

Facebook Parent’s New VR Headset Out This Week: All We Know About Meta Quest Pro

Meta Inc. (NASDAQ: FB) is expected to unveil its next headset — the Quest Pro — during the Meta Connect 2022 conference on Oct. 11.  This device has a professional mixed reality (MR) focus, putting it in contrast with the consumer-oriented virtual reality-focused headsets released so far by the firm. What Happened: The Meta Quest Pro — which […]

China Cashes In: Energy Companies Reroute US LNG Tankers For Profit

Since late August, China’s strict zero-covid policy led to a full or partial lockdown of more than 70 cities. As a result, the demand for energy has fallen. What Happened: Shenzhen, one of the world’s busiest container port cities, continues to experience lockdowns. This has caused the production and manufacturing demand to remain in a […]

Psychedelics Biotechs Clearmind And Mydecine Share Consolidation And Subscription Agreements

In connection with recent stock splits, psychedelics biotech Clearmind Medicine Inc. (OTC Pink: CMNDF) announced it will proceed with the consolidation of all its issued and outstanding common shares on a 1:30 basis, effective as of September 30, 2022. Clearmind’s 39,592,344 common shares to date issued and outstanding will be reduced to approx. 1,319,744 on a […]

Troubled Credit Suisse Slides To 52-Week After Report On Raising Fresh Capital

Credit Suisse Group AG (NYSE: CS) shares fell Friday premarket after reports that the company is looking to raise fresh capital. The Swiss bank is approaching the investors for the fourth time in around seven years, Reuters reported, as it attempts a revamp of its beleaguered investment bank unit. The report mentioned that various scenarios are under […]

Humana, CVS Health Interested In Acquiring Primary Care Provider

U.S. primary care provider Cano Health Inc (NYSE: CANO) is reportedly exploring a sale and working with advisors after receiving acquisition interest from Humana Inc (NYSE: HUM) and CVS Health Corp (NYSE: CVS). Hedge fund Third Point LLC, which owns 6.4% of Cano, has been pushing the company to put itself up for sale as its stock price has tumbled since it […]