Veritas Capital, Elliott to buy Athenahealth for $5.7 billion
Private equity firm Veritas Capital and hedge fund Elliott Management are buying Athenahealth Inc for about $5.7 billion, the U.S. healthcare software maker said on Monday.
Wall Street equity traders to get biggest bonuses in 2018: study
Equity traders on Wall Street are expected to take home the biggest bonuses this year as a surge in volatility boosted client activity, but 2019 may not be as rosy, compensation firm Johnson Associates Inc said on Monday.
Coty CEO Camillo Pane resigns, chairman replaced
Coty Inc said on Monday Chief Executive Officer Camillo Pane has resigned and will be replaced by Pierre Laubies, the former CEO of Dutch coffee firm Jacobs Douwe Egberts.
Oil gains after Saudi paves the way for an output cut
Oil rose by more than 1 percent on Monday, set for its largest one-day increase in a month after Saudi Arabia said OPEC and its partners believed demand was softening enough to warrant an output cut of 1 million barrels per day.
U.S. equity markets not taking their cues from high-yield junk bonds
A long-reliable warning signal for stock investors that the tide is about to turn against them briefly flashed caution amid last month’s sell-off but does not appear to be calling an end to the bull market just yet.
‘King dollar’ reigns supreme in world of slowing growth, European risks
The dollar surged to nearly 17-month highs on Monday against a basket of major currencies as investors sought out the liquid and high-yielding asset against a backdrop of global growth worries and rising political risk in Italy and Britain.
VW capable of building 50 million electric vehicles: CEO in Automobilwoche
Volkswagen’s electric vehicle platform and battery procurement plans are being readied to handle production of 50 million vehicles, Chief Executive Herbert Diess told German trade publication Automobilwoche.
Icahn says VMWare should be worth $300 per share, cites Red Hat deal
Carl Icahn said on Monday VMWare should be worth $300 per share, the activist investor’s latest bid to scuttle Dell’s plan to go public by buying back shares tied to its interest in the software company.
Volkswagen capable of building 50 million electric vehicles: CEO in Automobilwoche
Volkswagen’s electric vehicle platform and battery procurement plans are being readied to handle production of 50 million vehicles, Chief Executive Herbert Diess told German trade publication Automobilwoche.
SoftBank seeks hard cash in Japan telco IPO
SoftBank Group Corp has won approval to conduct a 2.4 trillion yen ($21.04 billion) initial public offering (IPO) of its Japanese telecoms business, in a deal that will seal the group’s transformation into a top global technology investor.
