International Companies
Citrix to be taken private by Vista, Elliott in $16.5bn deal
US software maker Citrix has agreed to be bought by affiliates of Elliott Investment Management and Vista Equity Partners for $16. 5bn in cash.
Elliott, Vista said to be nearing deal to buy Citrix
Elliott Investment Management and Vista Equity Partners are reportedly nearing a deal to buy US software maker Citrix Systems for around $13bn.
Omicron hits festive bookings at Ryanair
Ryanair Holdings reported a third-quarter loss on Monday after the Omicron variant hit passenger numbers during the peak festive booking season.
File-sharing company WeTransfer cancels IPO plans
File-sharing company WeTransfer announced on Thursday that it no longer plans to list on the Amsterdam Stock Exchange.
McDonald's quarterly earnings fall short as heightened costs weigh on profits
Fast-food giant McDonald's posted quarterly earnings and revenues that fell short of analysts' expectations on Thursday as increased costs weighed on profits.
Deutsche Bank posts surprise Q4 profit
Deutsche Bank posted a surprise fourth-quarter profit on Thursday, driven by improved investment banking revenues.
European court overturns Intel's €1.06bn antitrust fine
A senior European Union court has ruled in favour of Intel in the latest round of the chipmaker’s 12-year legal battle with EU antitrust regulators.
Boeing cash flow positive in Q4, misses on revenue and earnings
Boeing announced positive cash flow for the first time since 2019 in its fourth quarter results on Wednesday, but still missed market expectations on revenue and losses per share.
JP Morgan ups rating on Intertek to 'overweight'
JP Morgan has upped its recommendation on Intertek Group to ‘overweight’, arguing that its current valuation was unjustified relative to its peers.
Nvidia preparing to abandon Arm deal - report
US tech company Nvidia was said on Tuesday to be preparing to abandon its purchase of chip maker Arm from Softbank after making little to no progress in winning approval for the $40bn deal.
Fourth-quarter earnings dip at General Electric
General Electric saw earnings dip in the fourth quarter, the industrial giant reported on Tuesday, sending its shares sharply lower as trading got under way.
Logitech ups full-year guidance, shares rally
Shares in Logitech International sparked on Tuesday, after the computer accessories specialist increased its full-year forecasts.
Credit Suisse warns on profits
Credit Suisse warned on profits on Tuesday, after the embattled Swiss bank saw trading revenues slow and was forced to put aside more than £400m to cover litigation costs.
Kohl's shares rally on takeover interest
Kohl’s share price soared in early morning trading on Monday after a private equity firm was reported to be lining up a rival bid for the in-demand US department store chain.
Netflix may potentially lose 750,000 UK subscribers to Disney
Streaming giant Netflix could lose as many as 750,000 UK subscribers as rival Disney takes back exclusive control of titles like Modern Family, How I Met Your Mother, and Sons of Anarchy as part of an effort to bolster its own platform.
KKR-led consortium agrees to Accell takeover bid
Buyout firm KKR and a consortium of others agreed to a takeover bid for bicycle maker Accell Group on Monday that valued the firm at €1. 56bn.
Oil price helps boost quarterly earnings at Schlumberger
Schlumberger reported a jump in earnings on Friday, as the soaring oil price helped fuel demand for oilfield services.
Peloton CEO denies production halt 'rumours', mulls job cuts
Fitness products outfit Peloton said on Friday that it was mulling job cuts but its chief executive denied the firm was considering halting production of its bikes and treadmills.
Netflix shares plummet on warning of weaker growth
Shares in Netflix plunged 20% in pre-market trading on Friday, after the streaming giant warned that subscriber growth would slow this year.
American Airlines cuts fourth-quarter losses
American Airlines saw losses shrink in the last quarter as demand picked up over the holiday season.