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George Clooney, Partners Sell Casamigos for $1 Bln

George Clooney, Partners Sell Casamigos for $1 Bln

The U.S. tequila brand, Casamigos, which was co-founded by George Clooney, will be sold to Diageo Plc (NYSE: DEO) for $1 billion dollars.Clooney and his partners, Rande Gerber and Michael Meldman, founded the company on a whim. In a Business Insider..

BMC Software Inc. and CA Inc. to Merge According to Rumors

BMC Software Inc. and CA Inc. to Merge According to Rumors

BMC Software Inc. and CA Inc. (NASDAQ: CA) are considering a merger deal according to which the two software development companies will be companied as part of the transition of CA becoming private. CA jumped more than 14% Wednesday mornin..

Uber CEO Steps Down after Investors Call for Resignation

Uber CEO Steps Down after Investors Call for Resignation

Five of Uber Technologies Inc.’s major investors who’ve put $15 billion into the company have convinced CEO Travis Kalanick to resign, but he will still remain on the board of directors.The investors, including Fidelity Investments and B..

MSCI Adds China A Shares to Emerging Markets Index

MSCI Adds China A Shares to Emerging Markets Index

MSCI Inc. (NYSE: MSCI) on Tuesday finally said it plans to include Chinese-listed shares to its benchmark emerging markets index.The index company said it will add 222 China A Large Cap stocks on a gradual basis starting in June 2018, accountin..

Tech Stocks On Upswing, S&P 500, Dow Reach Peak Highs

Tech Stocks On Upswing, S&P 500, Dow Reach Peak Highs

Technology stocks pushed up US stock exchanges on June 19 after a choppy performance during the third week of June. The Standard and Poor 500 went up 0.8 percent to reach new peak highs. Technology stocks led the upsurge, rising 1.4 percent. The DJI..

Cenovus CEO Brian Ferguson to Resign, Planning to Sell Non-Core Assets

Cenovus CEO Brian Ferguson to Resign, Planning to Sell Non-Core Assets

On Tuesday, Cenovus Energy Inc (NYSE: CVE) announced that Brian Ferguson, the company’s President and CEO, will step down on October 31, but will continue in a transition adviser position until March 31, 2018.Cenovus said that i..

Molson Coors Continues to Slip

Molson Coors Continues to Slip

Early on trading day Molson Coors Brewing company (NYSE: TAP) slipped over 10% and seemed to bounce around today. It may be continued effects of the weak EBITDA guidance of June 7th in addition to the edited transcription of their earnings presentat..