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5-Hour Energy Founder to Buy Majority Stake in Sports Illustrated Publisher
Business

5-Hour Energy Founder to Buy Majority Stake in Sports Illustrated Publisher

Manoj Bhargava’s Simplify Inventions will take a roughly 65% stake in the Arena Group. Source link

Walmart Pays $1.4 Billion to Boost Flipkart Stake
Business

Walmart Pays $1.4 Billion to Boost Flipkart Stake

The purchase of shares from Tiger Global valued the Indian e-commerce company at about $35 billion. Source link

Gucci-Owner Kering Buys Stake in Valentino
Business

Gucci-Owner Kering Buys Stake in Valentino

The deal is part of a return to big-ticket transactions for the French luxury conglomerate, after an agreement to purchase cologne-maker Creed. Source link

Elliott Takes Big Stake in Drugmaker Catalent
Business

Elliott Takes Big Stake in Drugmaker Catalent

The activist is pushing for a shake-up of the contract drug manufacturer’s board. Source link

Elliott Takes Big Stake in Drugmaker Catalent
Finances

Elliott Takes Big Stake in Drugmaker Catalent

The activist is pushing for a shake-up of the contract drug manufacturer’s board. Source link

Fed officials discuss rates, Amazon Prime Day arrives - what
Finances

Earnings wave, Novartis guidance, ARK’s Twitter stake

© Reuters Investing.com — Investors look ahead to a busy week of earnings, including quarterly results from some of the largest U.S. banks. Meanwhile, drug-making

Cathie Wood's ARK Writes Down Twitter Stake by 47%
Finances

Cathie Wood's ARK Writes Down Twitter Stake by 47%

Wood is still bullish on Twitter’s long-term outlook and said her fund updates its internal valuations of private companies frequently. Source link

European banks default-risk indicator jumps, AT1 bonds fall By Reuters
Finances

Moscow takes control of Russian subsidiary of Danone and Carlsberg’s stake in brewer By Reuters

2/2 © Reuters. FILE PHOTO: A logo of Carlsberg beer is seen on the entrance of a pub in Brussels, Belgium March 10, 2016. REUTERS/Yves

Deutsche Bank and UBS shares hammered as banking fears keep tight grip By Reuters
Stock Market

Coty stock rises as WSJ says Kim Kardashian in talks to buy back stake By Investing.com

© Reuters. Coty stock rises as WSJ says Kim Kardashian in talks to buy back stake Celebrity and entrepreneur Kim Kardashian is in talks to

After-hours movers: WD-40 gains on Q3 beat, PriceSmart falls
Stock Market

Silk Road Medical falls on concerns, Coty gains on as Kim K. may buy back stake By Investing.com

© Reuters After-hours stock movers: Silk Road Medical falls on concerns, Coty gains on as Kim K. may buy back stake After-Hours Stock Movers: Silk