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Naver to Acquire Poshmark for $1.2 Billion

Rebecca Urena10/04/2022

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South Korea’s largest internet company Naver Corp. will be acquiring U.S. e-retailer Poshmark (NASDAQ: POSH) for approximately USD1.2 billion, the companies revealed Monday. Poshmark shares rose up to 14%...

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Amazon to Acquire One Medical for $3.9 Billion

Rebecca Urena07/21/2022

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Amazon (NASDAQ: AMZN) announced plans to acquire primary health care provider One Medical for approximately USD3.9 Billion. The deal furthers Amazon’s presence within the healthcare industry, which according to...

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“The Buzz” Show: HeartCore (NASDAQ: HTCR) Authorizes USD 3.5 Million Share Repurchase Program

financial buzz06/08/2022

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FinancialBuzz.com’s latest The Buzz Show: Featuring Our Corporate News Recap on “HeartCore Enterprises Authorizes USD 3.5 Million Share Repurchase Program” HeartCore Enterprises, Inc., (NASDAQ: HTCR) a leading software development...

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Cisco Stock Falls Amid Declining Revenue

Rebecca Urena05/19/2022

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Cisco (NASDAQ: CSCO) shares fell 17% after the market close on Wednesday following the company’s mixed third-quarter earnings. “We continued to see solid demand for our technologies and our...

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Ford Expected to Sell 8 Million Rivian Shares

Rebecca Urena05/09/202205/09/2022

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Ford Motor (NYSE: F) is set to sell 8 million of its Rivian Automotive shares as its lockup period comes to an end on Sunday, according to sources familiar...

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Wayfair Shares Tumble Following a Loss of Customers

Rebecca Urena05/05/202205/05/2022

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Wayfair (NYSE: W) shares fell over 20% Thursday morning after the retailer reported disappointing first-quarter results as customers reduced spending on home items. Furthermore, the company revealed the departure...

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Robinhood to Lay Off 9% of its Workers

Rebecca Urena04/27/202204/27/2022

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Robinhood (NYSE: HOOD) announced that it will be laying off 9% of its employees as its shares hit an all-time low, CEO Vlad Tenev wrote in a blog post....

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Bank of America Tops Analyst’s First-Quarter Estimates

Rebecca Urena04/18/202204/18/2022

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Bank of America (NYSE: BAC) reported first-quarter results on Monday that topped analysts’ estimates amid the better-than-anticipated credit quality of its borrowers. The bank disclosed a 9% increase in...

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