U.S. regional lender BB&T announced this week that it will be acquiring rival SunTrust, making it the biggest U.S. bank deal in ten years. BB&T Corp will be buying SunTrust Banks Inc. for about $28 billion in stock, with the transaction expected to close later this year in the fourth quarter. According to analysts, the … Continue reading “The Biggest U.S. Bank Deal In a Decade Was Just Announced”
Author: Sophia Vida
JC Penney Says It Will Stop Selling This At The End of The Month
Retailer JC Penney has announced in a blog post that it will stop selling appliances…
Chipotle Shares Blast Off After Company Reports Earnings
Shares of burrito retail chain Chipotle were heading higher on Wednesday after the company reported…
Softbank Shares Just Exploded After the Company’s CEO Said This
Softbank shares were skyrocketing over 17% in early Thursday trading in Tokyo after CEO Masayoshi…
Tyson Foods Reportedly Held Discussions to Buy Foster Farms
Tyson Foods, the parent company of Jimmy Dean, has been in talks to buy Foster…
Boeing Invests Into Supersonic Jet Maker Aerion
Boeing announced this week that it has invested a big amount of money into supersonic…
Cryptocurrency Customers Can’t Access Their Funds Because of a CEO Dying
The last thing you want to find out after making an investment into something is…
Tesla to Buy Maxwell Technologies for Roughly $218 Million
Electric vehicle maker Tesla announced that it plans to acquire Maxwell Technologies, an energy technology…
Apparel Retailer Charlotte Russe Has Filed for Bankruptcy
Charlotte Russe, an apparel retailer, has filed for Chapter 11 bankruptcy protection over the weekend…
Alphabet Reports Fourth Quarter Results and Beats Estimates
The parent company of Google, Alphabet Inc., reported its fourth quarter 2018 financial results on…
General Motors Plans to Fire Thousands of Workers Starting Next Week
There will be plenty of unhappy and unemployed people next week on account of General…
Twilio’s $3 Billion Acquisition of SendGrid is Finalized
Twilio announced this week that it has closed its acquisition of SendGrid, an email specialist,…
Venmo is Proving to Be a Big Success for PayPal
Peer-to-peer lending app Venmo just saw a blowout fourth quarter with $19 billion in payments…
Amazon Shares Drop After Company Gives This Warning for 2019
Despite beating on earnings in its fourth quarter financial report, Amazon shares took a nose…
