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Tag Archives: Billion

Japan's Nomura Says U.S. Client Owes it $2 Billion; Shares Fall 15%

The bank didn’t name the client, but its disclosure followed turbulent trading on Wall Street involving forced sales of stockholdings by a large, low-profile U.S. investment firm.

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What Came Before the $10 Billion Bet on Flying Taxis

Silicon Valley wants to shuttle people around in helicopter-like electric vehicles. Will they get off the ground? A look back at the early 1900s offers some clues.

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Auto-Systems Company Holley Going Public in $1.55 Billion SPAC Merger

Holley is merging with a special-purpose acquisition company in a deal that would value the aftermarket-auto-systems seller at about $1.55 billion, the companies said.

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Athene, MassMutual Made Over $3 Billion Takeover Offer to American Equity

A pair of insurance companies made a bid for American Equity Investment Life Holding last month, in a bet that the small Iowa insurer’s retirement-income products will continue to be popular with conservative savers.

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Gilead Nears Deal to Buy Immunomedics for More Than $20 Billion

The biotech drugmaker has a market value of roughly $10 billion, meaning that Gilead would be paying up for the company and its prized breast-cancer drug.

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Apple and Amazon's Race to $100 Billion

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Wirecard's Missing $2 Billion Probably Doesn't Exist, Board Says

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Short Sellers Made $2.6 Billion Off Wirecard's Plunge, but Not Without Scars

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BP Takes $17.5 Billion Write-Down, Expects Oil Price to Stay Low

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Warren Buffett's Berkshire Hathaway Reports $49.7 Billion Quarterly Loss

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