Xerox offers to buy HP at a premium of $22 a share in mostly cash offer, sources say
Sources also said the bid consists of 77% cash and 23% stock, or $17 in cash and 0.137 Xerox share for each HP share.
Sources also said the bid consists of 77% cash and 23% stock, or $17 in cash and 0.137 Xerox share for each HP share.
Beyond Meat aims to start production in Asia before the end of next year, as it gets closer to selling its popular plant-based meat products in China, Executive Chairman Seth Goldman told Reuters.
The United States and China have agreed to roll back tariffs as part of the first phase of a trade deal between the world's two biggest economies, a U.S. official confirmed on Thursday.
Teva Pharmaceutical Industries Ltd on Thursday expressed confidence in its ability to continue paying down its huge debt burden even if it is forced to pay billions of dollars to settle thousands of U.S. opioid lawsuits.
Housing giant Freddie Mac has hired management consultants McKinsey & Company to advise the firm on capital management ahead of a potential exit from government control, a spokesman said Thursday.
T-Mobile US Chief Executive John Legere on Thursday acknowledged talks are ongoing with Sprint Corp to extend their merger agreement, but he declined to rule out requesting the $26 billion price be reduced.
MSCI later today will announce an increase in the weighting of mainland China in its MSCI Emerging Markets Index. Sen. Marco Rubio has raised red flags about the move.
A $1.6 billion plan to refurbish a long-idled Caribbean oil refinery is about 75% complete and could begin delivering fuel supplies early next year, company and government officials said this week.
Expedia and TripAdvisor stocks tanked following poor third-quarter earnings after the bell Wednesday.
Improving economic data and solid earnings have prompted the analyst to raise his year-end target for the S&P 500 to 3,185, roughly a 3% gain from here.
As fast-fashion giant H&M pushes more designer tie-ups, some consumers are eschewing the long lines outside stores to buy the looks in the fast-growing resale market.
Brazilian mid-sized lender Banco Inter SA on Thursday launched a smartphone app offering clients direct access to more than 60 stores selling products from appliances to sneakers to beauty products.
Federal prosecutors have filed criminal charges accusing a New York company of exposing the U.S. government and private customers to security risks by illegally importing and selling surveillance and security equipment from China.
Economic uncertainty has held back value stocks, but fund manager Heather McPherson of T. Rowe Price Group Inc sees plenty of opportunity to scoop up undervalued shares, including in the financial and utilities sectors.
Students who were handed their diplomas in May or June will find the half-a-year grace period on their federal student loans come to an end this month or next.