Vishal S. · April 12, 2017 · 3:00 pm <!– Excerpt According to a new study published by the Cambridge Centre For Alternative Finance, Bitcoin miners have earned over $2 Billion in revenue since 2008, when the cryptocurrency was established. End Excerpt –> Bitcoin miners have earned over $2 Billion […]
Campbell Soup (NYSE: CPB) is opening the corporate coffers to buy its own stock. The company announced that its board of directors has authorized a fresh share repurchase program for up to $1.5 billion in buybacks. The authorization kicks in on May 1, and has no expiration date (although Campbell Soup stressed that the program can be suspended or halted at any time).
Tuesday was quite a day for Cisco (NASDAQ: CSCO) in its ongoing transformation from a legacy hardware giant into a cloud, data center and software analytics leader. Chief Strategy Officer Hilton Romanski and execs from AppDynamics rang the opening bell to get trading started on the Nasdaq exchange to celebrate the closing of Cisco’s $3.7 billion purchase of the analytics provider.
3M (NYSE: MMM) is taking a deep plunge into the personal safety segment. It has agreed to buy the Scott Safety business of Johnson Controls (NYSE: JCI) for a total enterprise value of around $2 billion, both companies announced in separate press releases.
According to a recent presentation from a Lloyds Banking Group (NYSE: LYG) union representative to employees, the U.K. banking giant is close to sealing a $1.3 billion deal that will outsource many of its IT-related functions to IBM (NYSE: IBM). The deal is reportedly a seven-year arrangement that will include transferring 1,961 Lloyds IT staff to IBM.
If there were any remaining questions about CEO Brian Krzanich’s commitment to transitioning Intel’s (NASDAQ: INTC) focus away from the PC market, its latest $15.3 billion deal to acquire Israel-based Mobileye (NYSE: MBLY) and its computer vision suite of solutions should lay those concerns to rest.
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The latest hot rumor in the fast food sector, it turns out, was true: Restaurant Brands International (NYSE: QSR) is buying Popeyes Louisiana Kitchen (NASDAQ: PLKI). A joint press release issued by the companies stated that RBI will pay $79 per share in cash for the fried chicken chain.
Are we witnessing the initial stages of another food industry megamerger? Kraft Heinz (NASDAQ: KHC) confirmed Friday that it made an offer to buy out fellow comestibles conglomerate Unilever (NYSE: UL), with a cash-and-stock bid valued at around $143 billion.
On Nov. 21, Symantec (NASDAQ: SYMC) announced its intention to purchase then publicly traded Lifelock, a consumer data protection provider, for $2.3 billion. Less than three months later, Symantec announced the deal had closed after approval from Lifelock shareholders on Jan.