Shift4 Strikes $1.5 Billion Deal for Tax-Free Shopping Business 
 

The expected $7.50-per-share offer for Global Blue Group represents a 15% premium to where the tax-free shopping services provider's shares closed last week.

 
Occidental Stock Drops After Mixed Results. What's Dragging on Buffett's Favorite. 
 

OXY stock has lost 19% over the past year. Weak crude prices are to blame.

 
Ackman Boosts Bid for Howard Hughes, Vowing to Create Modern Version of Berkshire Hathaway 
 

The revised proposal would increase Pershing Square's stake to 48%.

 
Bumble Revenue Falls as Users Spend Less for Services 
 

The online-dating company posted operating earnings of $37 million, compared with an operating loss of $6.9 million a year earlier.

 
Toll Brothers Misses Earnings Estimates. The Stock Falls. 
 

Earnings that came in below estimates were due to a delay in the sale of a stabilized apartment property, Toll Brothers said.

 
Broadcom's Deal Magic Would Get Its Biggest Test With Intel 
 

Buying Intel would show just how far Broadcom's superpower in managing chip acquisitions reaches.

 
Fidelity Investments Reports Record Annual Profit, Revenue 
 

The stock market's rally drew more money into the firm's funds and spurred trading activity by its customers.

 
Air Canada Expects Several Days Before Normalized Service Following Storms, Toronto Crash 
 

The airline said it is restoring service and adding extra flights and capacity where possible but that the reduction in the number of take-offs and landings permitted at its global hub in Toronto is slowing its recovery.

 
Continental to Cut Around 3,000 Jobs in Automotive Segment 
 

The car-parts company said the cuts amounted to around 10% of its global research-and-development jobs.

 
Johnson & Johnson Goes to Trial on Third Talc Bankruptcy Plan 
 

Healthcare conglomerate Johnson & Johnson kicked off its bankruptcy plan confirmation Tuesday, in its third attempt to resolve one of the largest mass tort lawsuits through an affiliate it placed into chapter 11 bankruptcy.

(END) Dow Jones Newswires

February 18, 2025 19:00 ET (00:00 GMT)

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