US Stock Reports, Quotes and News
SHANGHAI (Reuters) – Chinese state fund Central Huijin Investment bought blue-chips worth at least $41 billion in the first quarter in a bid to shore up the sliding stock market, funds\’ latest quarterly reports show.
Investing.com — The blockbuster sale of legendary Paramount Global (NASDAQ:PARA) to David Ellison\’s Skydance Media may be at significant risk of falling short as Sony (NYSE:SONY) and Apollo Global Management (NYSE:APO) prepare to make \”a significantly better offer that will benefit all shareholders of the company,\” an insider told Investing.com exclusively this morning.
(Reuters) -Memory chip maker Micron Technology (NASDAQ:MU) is set to receive $6.1 billion in grants from the U.S. Commerce Department to help pay for domestic chip factory projects, Senator Chuck Schumer said on Thursday.
(Reuters) -Nashville-based independent music company Concord has agreed to buy British song investor Hipgnosis Songs Fund for $1.40 billion, the companies said on Thursday, gaining rights to the catalogues of artists including Shakira and Neil Young.
(Reuters) – The Telegram messaging app, one of the most popular social media platforms in Ukraine and Russia, will likely cross 1 billion active monthly users within a year, its founder said in remarks published on Tuesday.
(Reuters) – UnitedHealth Group (NYSE:UNH) expects to take a hit of as much as $1.6 billion this year from disruptions caused by the February cyberattack at its Change Healthcare (NASDAQ:CHNG) unit.
(Reuters) – U.S. Steel shareholders voted in favor of the proposed $14.9 billion acquisition by Japan\’s Nippon Steel, moving the merger closer to completion while the deal faces regulatory scrutiny and political opposition.