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Alphabet Stock Swings On DOJ Investigation: Analyst Says 'GOOGL Is Worth More In Pieces Than Together'
Wednesday, August 14, 2024 - 4:11pm | 998Analysts, investors, and experts are closely examining the potential impacts of a breakup or restructuring of Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) as the Department of Justice considers measures to address Google's dominance in the search market. Legal Case Against Google: Former Department...
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Deutsche Bank's Fate Might Be In The Hands Of These 10 People
Friday, September 30, 2016 - 7:13am | 420Deutsche Bank AG (NYSE: DB) hit a new all-time low of $11.19 on Monday after a Bloomberg report suggested some of the bank's hedge fund clients are withdrawing excess capital amid the bank's uncertain future. There is little doubt that Deutsche Bank's stock will be front and center...
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It's Official: DoJ Will File Suit To Block Baker Hughes-Halliburton Merger
Wednesday, April 6, 2016 - 11:37am | 376Shares of Halliburton Company (NYSE: HAL) gained more than 5 percent Wednesday, while Baker Hughes Incorporated (NYSE: BHI) gained more than 6 percent after the U.S. Justice Department announced it will sue to block the merger between the two companies. The Department of Justice alleges the...
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DOJ Sues To Block US Airways American Merger
Tuesday, August 13, 2013 - 2:06pm | 605Shares of US Airways (NYSE: LCC) fell nearly 10 percent to $17.11 by noon, Tuesday on news of a government lawsuit seeking to block its merger with American Airlines’ parent, AMR Corp. (OTC: AAMRQ) The Department of Justice along with six state attorneys general and the District of Columbia filed...
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Government Suing to Block Modelo Takeover by InBev
Thursday, January 31, 2013 - 3:00pm | 220The Justice Department filed a lawsuit to block InBev's (NYSE: BUD) $20.1 billion deal to control Grupo Modelo SAB, the makers of Corona Extra beer, Modelo Especial and Pacifico. InBev sought to purchase the 50 percent of the company that it did not already control. The company was seeking to...