Recap of 9/18 FED meeting – Stock Reaction and Bond Pricing
On September 18, 2024, the United States Federal Reserve shocked Wall Street when it lowered its benchmark rate by 50 basis points contrary to the expected 25 basis point cut.
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Finance
Mars Acquires Kellanova for 35 Billion Dollars
On Wednesday, August 14, 2024, Mars, Incorporated and Kellanova, made an announcement that both parties have entered into a “definitive agreement” where Mars will acquire Kellanova for 35.9 billion, or about $83.5 per share.
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Amazon Partnering with TikTok Shop
In an unexpected move by ByteDance (the company that owns Tik Tok) and Amazon, companies announced a partnership to allow Tik Tok users to purchase Amazon goods from the Tik Tok store front by linking their Amazon account through Tik Tok.
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Apollo and State Street’s Groundbreaking ETF Proposal
Apollo Global Management and State Street created a new kind of ETF that allows investors to tap into both public and private credit markets, the first of its kind.
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UniCredit’s Pursuit of Commerzbank: A Struggle Between Growth and National Sovereignty
Johannes Sasse Staff Writer Italy’s UniCredit makes a bold move to gain control of Germany’s Commerzbank, raising concerns among
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Verizon’s Strategic Step Back: Paving the Way for Slow Domination of the U.S. Fiber Broadband Market
The U.S. broadband landscape is at a pivotal moment, with fiber technology emerging as a game-changer in an under-developed market. Verizon’s $20 billion acquisition of Frontier Communications aims to accelerate this transformation, promising expanded fiber coverage and strengthened market positioning.
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Earnings Season: Tech Still on Top
Jacob Hummel Finance Editor Article is written as of April 27th, 2024. With earnings season underway, megacap tech continues to
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Capital One Expected to Acquire Discover in Massive Deal
Justin Loto Staff Writter Capital One (COF) is expected to acquire Discover (DFS) for 35.3 billion dollars in an all-stock
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Severe Turbulence: Inside Boeing’s Recent Struggles
Justin Kwok Staff Writer Boeing, a giant in the aviation industry, finds itself in the spotlight due to recent controversies.
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Recap and Implications of Jan 31 Fed Meeting
Mario Stampone Staff Writer Most recently, the Federal Reserve’s Open Market Committee (FOMC) met on January 30-31. The question of the
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