Tag: NYSE:LAZ
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Bain Capital in Talks to Acquire PowerSchool; Blackstone Emerges Victorious in Hipgnosis Bidding War, and More News
Bain Capital (NYSE:BCSF), PowerSchool Holdings (NYSE:PWSC) – Bain Capital is in talks to purchase PowerSchool, an educational software provider, in a private deal that could value the company at about $6 billion, including debt. PowerSchool provides cloud-based software for primary education in North America, serving over 50 million students in more than 90 countries. Blackstone…
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BoA Warns of Tech Bubble, Foot Locker Stock Plunges, Deere Raises Profit Outlook
BoA Warns of Tech Bubble Michael Hartnett, a strategist at Bank of America Corp.(NYSE:BAC), has reiterated his recommendation to sell US stocks, citing concerns about a bubble forming in the tech and artificial intelligence sectors. Hartnett also believes that the Federal Reserve’s rate hikes may not be complete, and rising bond yields pose a risk.…
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Friday’s Wall Street Highlights: Disney, Occidental Petroleum, Alibaba, Farfetch and more
The US Index Futures point to a slight increase and are still trying to extend yesterday’s gains, when optimism prevailed with the signs of progress in negotiations on raising the debt ceiling in the United States. By 6:46 AM, Dow Jones futures were up 34 points, or 0.10%. S&P 500 futures were up 0.11%, while Nasdaq-100…
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Wall Street Highlights for Wednesday: Target, Tesla, Western Alliance, AT&T and more
US Index Futures operated in positive territory on Wednesday, with investors awaiting news on talks between congressmen and President Joe Biden over the US debt ceiling, while awaiting data on housing and building permits. American markets are still echoing the surge in Western Alliance shares in the after hour, after the bank recorded growth in deposits,…