Management turmoil complicates Telecom Italia bid response
By Elvira Pollina, Stephen Jewkes and Pamela Barbaglia MILAN (Reuters) -Telecom Italia (TIM) is looking to draw up a list of candidates on Friday to advise it on a takeover…
Philip Morris CEO does not need M&A to hit smoke free goals
By Dasha, Afanasieva and Siddharth Cavale (Reuters) – Philip Morris (NYSE:PM) will reach its target of 50% sales from smoke-free products by 2025 through organic revenue growth rather than mergers…
Daimler supervisory board signs off 60 billion euro investment plan for Mercedes-Benz
BERLIN (Reuters) – Daimler (OTC:DDAIF)’s supervisory board signed off an investment plan worth over 60 billion euros ($67.88 billion) for Mercedes-Benz Cars & Vans between 2022 and 2026, the company…
Germany stocks lower at close of trade; DAX down 1.35%
Investing.com – Germany stocks were lower after the close on Thursday, as losses in the Retail, Technology and Media sectors led shares lower. At the close in Frankfurt, the DAX…
Apollo to buy Griffin Capital’s wealth-distribution, asset-management units
(Reuters) – Apollo Global Management (NYSE:APO) Inc said it would buy the U.S. wealth-distribution and asset-management businesses of Griffin Capital for an undisclosed sum, as it looks to boost its…
Rothermeres lift offer to take Daily Mail publisher private
LONDON (Reuters) – The controlling shareholders of the Daily Mail publisher, the Rothermere family, have increased the cash component of their offer to buy out other shareholders to 270 pence…
European stocks fall as Omicron worries rattle investors
By Anisha Sircar and Susan Mathew (Reuters) -European shares fell more than 1% on Thursday, as countries ramped up restrictions to curb the spread of the Omicron coronavirus variant, raising…
Grab These 5 Must-Own Mid-Cap Stocks in December
Because the stock market is expected to remain under pressure on concerns over the Fed’s monetary policy tightening and the resurgence of COVID-19 cases, we think it could be wise…
Planet Fitness vs. Life Time: Which Gym Stock is a Better Buy?
The global health and fitness club market is expected to grow substantially in the next 5-10 years. With that in mind, today I’ll analyze and compare Planet Fitness (NYSE:PLNT) and…
Goldman Sachs ups diversity targets as demographic data improves
By Ross Kerber (Reuters) – Goldman Sachs Group Inc (NYSE:GS) on Thursday raised the number of diverse directors it wants on portfolio company boards, citing rising shareholder expectations and more…