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SPACs Attack Recap: SPAC Activity Slows Down With 3 Deals And No Offerings
Sunday, April 25, 2021 - 4:23pm | 1229It was a slow week for the SPAC market, with three deal announcements and only a couple rumored deals. There also were no new SPAC offerings during the week — unusual for a market segment that has been so hot over the last year. Benzinga's "SPACs Attack" covered the deals and...
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eToro Reportedly Exploring IPO Or SPAC As Business Booms
Tuesday, December 29, 2020 - 12:22pm | 434Social trading and brokerage company eToro is considering an IPO or SPAC merger to take the company public, according to a report from the Israeli newspaper Calcalist. What Happened: eToro has engaged in talks with Goldman Sachs about a potential IPO or SPAC merger to take the company public...
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Walmart Job Listings For 'Jerusalem' Rattle Israeli Grocery Stocks
Monday, December 2, 2019 - 1:04pm | 368Walmart Inc (NYSE: WMT)'s job listings for pharmacists, cashiers and stockers that it said are for a new Illinois store dominated headlines thousands of miles away in Israel. The news sent the stocks of Israeli supermarkets such as Shufersal and Rami Levi lower, according to the Times of...
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Analyst: Apple Unlikely To Pivot Away From Intel For 5G Tech
Tuesday, July 10, 2018 - 2:54pm | 440Reports surfaced earlier this week that Apple Inc. (NASDAQ: AAPL) is no longer interested in using Intel Corporation (NASDAQ: INTC)'s Sunny Peak wireless chip for the line of iPhones due to hit stores in 2020. The chip, intended to provide Bluetooth and Wi-Fi connectivity, was supposed to...
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Teva's Stock Inches Higher Amid Cost-Cutting Plan
Thursday, March 23, 2017 - 8:19am | 355Teva Pharmaceutical Industries Ltd (ADR) (NYSE: TEVA), the troubled Israel-based generic and specialty medicines developer, confirmed with Bloomberg a plan to lower expenses and better manage its debt. A Bloomberg report cited Israeli-based news sources Calcalist, which initially reported Teva...
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SodaStream Gains 9% on Stake Sale Rumor, Stifel Analyst Skeptical
Wednesday, April 16, 2014 - 1:21pm | 189Shares of SodaStream International (NASDAQ: SODA) are higher by 9.15 percent to $41.20 following a rumor from Calcalist about the company possibly selling a stake of itself. Calcalist reported the company is in talks to sell a 10-16% stake for $52 a share to Pepsi, Dr. Pepper's Snapple, or...
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Report: Apple Finalizing Acquisition of PrimeSense
Monday, November 18, 2013 - 10:09am | 666A number of sources, according to AllThingsD, confirmed over the weekend that Apple (NASDAQ: AAPL) is in the final stages of negotiations to buy Israeli startup, PrimeSense. PrimeSense is best known as the original supplier for Microsoft (NASDAQ: MSFT)’s gesture-based Kinect gaming device....
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UPDATE: PepsiCo Reportedly in Talks to Acquire SodaStream for as Much as $95/Share -Calcalist
Thursday, June 6, 2013 - 6:50am | 88PepsiCo (NYSE: PEP) is reportedly in talks to acquire SodaStream (NASDAQ: SODA) for $2 billion, according to Israel's Calcalist. Sources say the price could reach $95 per share. Goldman Sachs is said been hired to assist in the transaction. Sources say SodaStream had also been in talks with Coca...