AT&T, Verizon Raise Prices and Test Consumer Budgets
AT&T, Verizon Raise Prices and Test Consumer Budgets
Computers/Consumer Electronics
Zendesk Stock Soars on Report of Fresh Buyout Deal
Text size Pedestrians walk past the entrance to Zendesk headquarters in San Francisco. David Paul Morris/Bloomberg Zendesk soared early Friday after The Wall Street Journal reported the provider of cloud-based customer-service software was in takeover talks with a group of buyout firms. Zendesk (ticker: ZEN) jumped more than 53% to $88.95 in premarket trading after … Read more
Blackberry stock slips after results top Street view
BlackBerry Ltd. shares ticked lower in the extended session Thursday after the cybersecurity and IoT company posted a slight beat to Wall Street expectations. BlackBerry BB, +0.94% shares declined 1.5% after hours, following a 0.9% rise in the regular session to close at $5.37. The company reported a first-quarter loss of $181 million, or a … Read more
Zendesk Close to Striking Buyout Deal, Sources Say
Zendesk Inc. is close to a deal with a group of buyout firms, according to people familiar with the matter, resurrecting a failed attempt to sell itself in what would be one of the biggest private-equity takeovers of the year. A deal with a group that includes Hellman & Friedman LLC and Permira could be … Read more
Juul Ban Will Send Altria’s Strategy, and $13 Billion, Up in Smoke
Juul Labs was on pace to make 94% of its revenue in the U.S. this year. Photo: Seth Wenig/Associated Press Updated June 22, 2022 4:29 pm ET Altria Group’s MO -9.19% disastrous investment in Juul Labs is taking another turn for the worse. On Wednesday, The Wall Street Journal reported that the Food and Drug … Read more