Enterprise

Pioneer Natural Resources (PXD) Buying Parsley Energy (PE) In $7.6 Billion Deal

By Amit Chowdhry ● October 20, 2020

Pioneer Natural Resources Co (NYSE: PXD) announced today that it entered into a definitive agreement under which Pioneer is going to acquire all of the outstanding shares of Parsley Energy, Inc. (NYSE:PE) in an all-stock transaction.

Leaf Group (LEAF): Brian Gephart Named Permanent CFO

By Annie Baker ● October 20, 2020

Today Leaf Group Ltd (NYSE: LEAF) announced that it appointed Brian Gephart as permanent chief financial officer, effective on October 16.

ACOR Stock: Explanation About The 44% Price Jump

By Amit Chowdhry ● October 20, 2020

Today the stock price of Acorda Therapeutics Inc (NASDAQ: ACOR) is up about 44.93% as of 1:59 PM ET. This is why.

GOOGL Stock: $1,850 Price Target By Jefferies

By Amit Chowdhry ● October 20, 2020

This morning, the stock price of Alphabet (NASDAQ:GOOGL) (NASDAQ:GOOG) saw an uptick of nearly 2% following a price target increase from $1,800 to $1,850 by Jefferies analyst Brent Thill.

CBLI Stock: Explanation Of The 80%+ Jump In Price

By Amit Chowdhry ● October 20, 2020

Today the stock price of Cleveland BioLabs (NASDAQ:CBLI) is up more than 89% as of 11:05 AM ET. Why did the stock price go up? This is why.

Hertz (HTZ): Alexandra Brooks Named Chief Accounting Officer

By Amit Chowdhry ● October 20, 2020

Hertz Global Holdings Inc (NYSE: HTZ) announced Alexandra Brooks has been appointed to senior vice president and chief accounting officer.

AP Payments As A Service Finexio Raises $23 Million

By Noah Long ● October 20, 2020

Finexio — a growing AP payments as a service platform — announced it has raised $23 million in funding led by Medalist Partners.

HLIX Stock: Explanation Of 232.82% Increase

By Amit Chowdhry ● October 20, 2020

The stock price of Helix Technologies, Inc. (OTCQB: HLIX) increased from $0.098 per share to $0.33 per share on Monday. This why that happened.

T-Mobile Us (TMUS) Raising $4.75 Billion In Notes Offering

By Dan Anderson ● October 20, 2020

Wireless service company T-Mobile Us Inc (NASDAQ: TMUS) announced it is going to sell $4.75 billion aggregate amount of senior secured notes in four series

Microservices Orchestration Platform Temporal Closes $18.75 Million

By Annie Baker ● October 20, 2020

Temporal — a maker of an open-source, stateful, microservices orchestration platform — announced it has raised $18.75 million in Series A funding

Intel (INTC) To Sell Memory Chip Unit To SK hynix For $9 Billion

By Amit Chowdhry ● October 20, 2020

Intel Corporation (NASDAQ: INTC) announced it agreed to sell the NAND memory and storage operations to SK Hynix Inc (KRX: 000660) for $9 billion. These are the details.

Public Cloud Security Company Sonrai Security Raises $20 Million

By Dan Anderson ● October 20, 2020

Public cloud security leader Sonrai Security announced it has raised $20 million in Series B funding.

Software-Defined Management Automation Company Hyperscience Raises $80 Million

By Noah Long ● October 19, 2020

Hyperscience announced it has $80 million in Series D funding led by Tiger Global. These are the details.

Juniper Networks (JNPR) To Buy 128 Technology For $450 Million

By Dan Anderson ● October 19, 2020

Networking products company Juniper Networks, Inc. (NYSE: JNPR) announced it is going to acquire 128 Technology for $450 million in cash. These are the details.

Rockwell Automation (ROK) CFO Patrick Goris Resigning To Join Carrier Global (CARR)

By Amit Chowdhry ● October 19, 2020

Rockwell Automation, Inc. (NYSE: ROK) announced that Chief Financial Officer Patrick Goris has notified the company of his decision to accept a CFO role at Carrier Global Corp (NYSE: CARR).

ConocoPhillips (COP) To Buy Concho Resources (CXO) In $9.7 Billion Deal

By Amit Chowdhry ● October 19, 2020

ConocoPhillips (NYSE: COP) announced that it is buying Concho Resources Inc (NYSE: CXO) in an all-stock deal valued at $9.7 billion. These are the details.

Modern Product Protection Company Extend Raises $40 Million

By Annie Baker ● October 19, 2020

Extend — a leading provider of modern product protection — announced it raised a $40 million Series B round of funding led by Meritech Capital.

Trimble (TRMB) Announces Several Executive Changes

By Amit Chowdhry ● October 19, 2020

Trimble (NASDAQ: TRMB) recently announced several new executives. These are the details.

Why Stripe Is Buying Nigeria-Based Paystack

By Amit Chowdhry ● October 19, 2020

Online payments platform company Stripe recently announced it is buying Lagos, Nigeria-based Paystack. These are the details.