Wildcat Capital Management, a top shareholder in Consolidated Communications Holdings , said on Friday it plans to vote against its $3.1 billion takeover by an investor consortium, as it undervalues the broadband services provider.
Exchange operator Cboe Global Markets Inc , on Friday sailed past analysts’ estimates for third-quarter profit as transaction volumes surged amid spiraling volatility in the global markets across asset classes.
U.S. companies have announced plans to build dozens of solar panel factories across the country since last year when President Joe Biden’s signature climate law unleashed billions of dollars of subsidies, raising hopes a clean energy boom can provide tens of thousands of good paying jobs.
Block’s shares jumped nearly 18% before the bell on Friday and were set to open at their highest since mid-September, rallying on the payments firm’s better-than-expected earnings forecast for 2024 and a $1 billion stock buyback plan.
Restaurant Brands International missed market estimates for quarterly sales on Friday as still-high inflation pressured consumer spending at its Burger King chain, signaling that the brand’s turnaround efforts were falling short.