Meet the young stars of M&A

As mergers and acquisitions hit record levels last year, the young dealmakers on Financial News‘ Rising Stars of Investment Banking list made their mark, taking central roles on key deals. Here are the M&A bankers that rose to the challenge and made it on to FN’s illustrious ranking: Jack Blomfield, managing director, William Blair Augustin D’Angerville, … Read more

PayPal Is Being Targeted by Activist Elliott. Here’s Why.

Text size PayPal shares have slid this year as people have returned to their prepandemic spending habits. Courtesy of PayPal Payments giant PayPal finally has attracted an activist. PayPal (ticker: PYPL) had been a pandemic-darling as households increasingly shopped online but shares have slid more than 60% this year as people returned to their prepandemic … Read more

Twitter cites UK national security law in legal letter to Musk as $44bn deal teeters

Twitter cited a new British law in a legal letter to Elon Musk, in what lawyers say may indicate that the UK government had concerns about what the $44bn transaction would mean for UK national security. Twitter’s legal team demanded the billionaire comply with his obligations under the merger agreement “including by taking all steps … Read more

What to Buy Right Now: 42 Picks From Barron’s Roundtable Pros

To everything there is a season: A time to hide in a bunker with a crash helmet on as stock and bond prices plummet, and a time to wade cautiously into the market in search of newly created bargains. If you’ve been reading the Barron’s Roundtable for a few years, or even decades, you already … Read more

Stock Futures Rise After S&P 500 Narrowly Avoids Closing in Bear Market

Text size Commuters exit from the Wall Street subway station in New York. Amir Hamja/Bloomberg Stock futures were signaling a higher start for Wall Street on Monday after the S&P 500 rallied on Friday to avoid closing in a bear market. Contracts linked to the Dow Jones Industrial Average gained 144 points, or 0.4%, S&P … Read more

Opinion: Elon Musk doesn’t want to buy Twitter anymore, but Twitter should make him pay for it

It’s becoming quite clear that Elon Musk no longer wants to buy Twitter Inc., at least not at the price he negotiated. But Twitter should not walk away without at least $1 billion — and potentially much more — for the trouble. Musk’s bid for Twitter TWTR, +2.49% has become one of the strangest M&A … Read more

Twitter Stock Plunges as Elon Musk Says Deal ‘Temporarily on Hold’

Text size Twitter stock is near where it was before the Tesla CEO’s initial stake of about 9% was disclosed. Alastair Pike / AFP via Getty Images A tweet from Tesla CEO Elon Musk sent Twitter shares sharply lower. Another sent the stock in the other direction. The Tesla (ticker: TSLA) CEO said Friday his … Read more

Twitter Stock Surges After a Meeting With Musk. Earnings Are Also This Week.

Shares of Twitter surged Monday after the social media company met with Elon Musk to discuss the Tesla chief executive’s $43 billion takeover bid. The Wall Street Journal reported Twitter (ticker: TWTR) and Musk met Sunday to discuss the billionaire’s proposal and were making progress. Twitter, which was expected to rebuff Musk’s offer (it…

Paying Your Taxes Can Be Good for Crypto and Stocks

Photo Illustration by Scott Olson/Getty Images Text size Tax day in the U.S. is, admittedly, not one of Americans’ favorite days. Even if refunds are expected, there is still the pressure of filing the correct forms with the correct math at the correct time. (If you need more time, read this.) Tom Lee, head of … Read more

What Is a Poison Pill? Twitter Adopts Defensive Move to Fend Off Elon Musk.

Elon Musk offered to buy Twitter for $43 billion. He currently has a 9.2% stake in Twitter. Photo by Christian Marquardt – Pool/Getty Images Text size Twitter adopted a so-called poison pill Friday in a bid to ward off Elon Musk’s unsolicited $43 billion takeover offer. The board unanimously approved a limited duration shareholder rights … Read more