After brawl with activist investor Elliott, Athenahealth is selling for a lower price

After brawl with activist investor Elliott, Athenahealth is selling for a lower price

What makes a deal a good deal? For Athenahealth Inc., it’s all about perspective. The health-care technology company is being acquired for $135 per outstanding share, or a total value of about $5.7 billion, Athenahealth ATHN, +9.62% confirmed on Monday. That’s a major reduction from the $160-per-share bid that one of the acquiring parties, hedge-fund […]

Here’s Why Tide Detergent Is Going to Come in a Shoe Box

Here’s Why Tide Detergent Is Going to Come in a Shoe Box

Welcome! To bring you the best content on our sites and applications, Meredith partners with third party advertisers to serve digital ads, including personalized digital ads. Those advertisers use tracking technologies to collect information about your activity on our sites and applications and across the Internet and your other apps and devices. You always have […]

Aurora Cannabis’ earnings surge by 2800% after it produces 11000 pounds of pot in 3 months

Aurora Cannabis’ earnings surge by 2800% after it produces 11000 pounds of pot in 3 months

Aurora Cannabis said revenue jumped 260 percent over the last 12 months, with kilograms produced climbing to 4,996 — more than 11,000 pounds of cannabis — from 1,010 over the past year. That’s up nearly 400 percent. Earnings attributable to common shareholder surged 2,862 percent to CA$104.2 million, while total revenue was CA$29.7 million. The […]

Black Friday by the numbers

Black Friday by the numbers

Black Friday, the American retail phenomenon where  hordes of competitive shoppers fight—sometimes literally—for the best deal is starting earlier than ever this year. But do more days to shop mean this big economic tradition is getting even bigger? Or will trends like the decline of brick and mortar stores slow shoppers down? Let’s break this […]

‘King dollar’ reigns supreme in world of slowing growth, European risks

LONDON (Reuters) – The dollar surged to nearly 17-month highs on Monday against a basket of major currencies as investors sought out the liquid and high-yielding asset against a backdrop of global growth worries and rising political risk in Italy and Britain. People walk past the entrance of the London Stock Exchange in London, Britain. […]

Coty names Pierre Laubies CEO to succeed Camillo Pane

Coty names Pierre Laubies CEO to succeed Camillo Pane

Coty Inc. COTY, +2.29% said Monday that Camillo Pane has stepped down from his role as chief executive officer “for family reasons,” effective immediately. The beauty company has named Pierre Laubies to the role. Laubies will also become director of Coty, also effective immediately. Laubies was, until recently, the CEO of Jacobs Douwe Egberts, a […]