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Takeaway Looks Poised To Win Just Eat Deal
Takeaway Looks Poised To Win Just Eat Deal
December 20, 2019  |  Partnerships / Acquisitions

In the bidding war for British online food company Just Eat, competitors Prosus and Takeaway.com are both putting up strong offers for their final bids....

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FedEx Sees Shares Slide After Slashing Profit Forecasts
FedEx Sees Shares Slide After Slashing Profit Forecasts
December 18, 2019  |  Earnings

FedEx saw a drop in its shares during after-hours trading in New York on Tuesday (Dec. 17), with shares dipping 6.5 percent to $152.62. The...

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Great Hill To Acquire VersaPay
Great Hill To Acquire VersaPay
December 15, 2019  |  B2B Payments

Great Hill Partners, a growth-oriented private equity firm, has announced that it’s going to acquire VersaPay, a company that provides cloud-based invoice-to-cash solutions, according to...

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SoftBank-Backed OneConnect Takes A 50 Pct Valuation Hit
SoftBank-Backed OneConnect Takes A 50 Pct Valuation Hit
December 12, 2019  |  Investments

China’s cloud-based FinTech platform OneConnect reduced its U.S. initial public offering (IPO) on Thursday (Dec. 12) by nearly 50 percent, the Financial Times (FT) reported....

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Moody’s Predicts Bleak Outlook For Department Stores
Moody’s Predicts Bleak Outlook For Department Stores
December 10, 2019  |  Earnings

As 2019 winds down, Moody’s and Goldman Sachs predict a weak outlook for department stores, CNBC reported on Monday (Dec. 9). Goldman Sachs dropped Macy’s...

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Australian B2B FinTech Tyro Is Bright Spot In IPO Debut
Australian B2B FinTech Tyro Is Bright Spot In IPO Debut
December 06, 2019  |  B2B Payments

Australian B2B FinTech Tyro Payments recently listed on the Australian Securities Exchange (ASX) and saw its share price increase 29 percent above its IPO price...

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Subscription Price Drop Sends Peloton Shares Tumbling
Subscription Price Drop Sends Peloton Shares Tumbling
December 04, 2019  |  Subscriptions

Shares of Peloton took a nosedive following news that the company dropped the monthly price of its app-based subscription workouts, Bloomberg reported on Wednesday (Dec....

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Analyst Sees $40B Market Cap For Lululemon
Analyst Sees $40B Market Cap For Lululemon
December 04, 2019  |  Retail

Cowen believes Lululemon could be the next Nike, as it raised its price target on the stock to $250. “Assuming LULU can sustain an NKE-like...

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Piper Jaffray Analysts Bullish On Facebook
Piper Jaffray Analysts Bullish On Facebook
December 03, 2019  |  Investments

Piper Jaffray analysts gave Facebook a bullish initiation and overweight rating, citing the social media giant’s finesse in handling bad press while at the same...

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