Ajei Gopal, CEO, Ansys Scott Mlyn | CNBC Semiconductor design and software firm Synopsys on Tuesday announced it would acquire Ansys, a engineering and product design software firm, in a cash-and-stock deal valued at approximately $35 billion. Synopsys will pay consideration of roughly $390 per share: $197 per-share in cash and roughly one-third of a … Read more
Burger King fast food restaurant with menu and customers. Jeff Greenberg | Universal Images Group | Getty Images Restaurant Brands International is buying Carrols Restaurant Group, the largest Burger King franchisee in the U.S., for about $1 billion in cash. Restaurant Brands will pay $9.55 per share to acquire Carrols, which operates more than 1,000 … Read more
Here are the most important news items that investors need to start their trading day: 1. Short week ahead Earnings and economic data could drive stocks in a shortened U.S. trading week. Goldman Sachs and Morgan Stanley will headline the week’s results when they report Tuesday morning. U.S. December retail sales data due Wednesday will … Read more
David Solomon, Chairman and CEO, Goldman Sachs, participates in a panel discussion during the annual Milken Institute Global Conference at The Beverly Hilton Hotel on April 29, 2019 in Beverly Hills, California. Michael Kovac | Getty Images Entertainment | Getty Images Goldman Sachs is scheduled to report fourth-quarter earnings before the opening bell Tuesday. Here’s … Read more
An ACT woman has warned others not to fall for rental scammers online, after spotting one preying upon people in her community. The scammer had advertised a four-bedroom, three-bathroom home in Griffith, Canberra, for $500 a week inclusive of bills. “In this market that seems awfully cheap for a fully furnished, bills included, property,” the … Read more
Cisco CEO Chuck Robbins participates at the World Economic Forum in Davos, Switzerland, on Jan. 18, 2023. Hollie Adams | Bloomberg | Getty Images The valuations of some private companies are “going nuts again,” returning to highs not seen since the Covid-19 pandemic, according to Cisco’s chief executive. Chuck Robbins told CNBC Tuesday that businesses … Read more
Australians have $1.4 billion worth of gift cards gathering dust. Aussies are wasting money on gift cards that go unspent, with at least one in three in possession of an unused one, new research from comparison site Finder has revealed. Of Australians that have an unused gift card (or cards), the average amount is $198, … Read more
Thousands of Australians will be eligible for home upgrades with the NSW government’s $200 million push to make more homes energy efficient. Draught-proofing, proper insulation, heat pump hot water systems, ceiling fans, reverse cycle air conditioners, and solar will be available to 24,000 NSW residents under the scheme announced on Tuesday. Subsidised solar will also … Read more
2024 Chevrolet Blazer EV SSImage: Chevrolet 75,883 total sales GM has kept its EV sales numbers close to its chest the last few years; the company has had trouble ramping up EV production. Things may have changed though as the company says it sold 75,883 EVs in 2023, up 93 percent from 2022. Looking at … Read more
MILAN — Milan designers are reflecting on a troubled world with collections that mark a return to serious business attire, even from active wear brands, and away from frivolity. Some scenes from the third day of previews Sunday of mostly menswear collections for fall-winter 2024-25: Italian brand Simon Cracker explores the moment before drifting off … Read more
