The stocks making the biggest moves in premarket trading include PepsiCo, Analog Devices, Carnival, Pfizer, and more.
– AMC will receive $300 million in new money from investors, as the nation's largest theater chain tries to restart its business. Part of that new money will come via a deal with bondholders, who will swap $1.
6 billion in current debt for new debt at a discounted rate. – The automaker cut the price of its model Y SUV by $3,000, putting the starting price at just under $50,000. The move comes just four months after the Model Y came to market, and follows price cuts for Tesla's Model 3, Model X, and Model S.
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Chipmaker Analog Devices to buy Maxim Integrated in an all-stock deal worth $21 billionU.S. semiconductor maker Analog Devices said on Monday it offered to buy Maxim Integrated Products, an industry peer, for $20.91 billion in an all-stock deal.
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WSJ News Exclusive | Analog Devices in Talks to Buy Maxim Integrated for More Than $17 BillionSemiconductor maker Analog Devices is in negotiations to buy rival Maxim Integrated Products for more than $17 billion in what would be one of the largest merger deals of the year, according to people familiar with the matter.
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Chipmaker Analog Devices to buy Maxim Integrated in an all-stock deal worth $21 billionU.S. semiconductor maker Analog Devices said on Monday it offered to buy Maxim Integrated Products, an industry peer, for $20.91 billion in an all-stock deal.
Read more »
WSJ News Exclusive | Analog Devices in Talks to Buy Maxim Integrated for More Than $17 BillionSemiconductor maker Analog Devices is in negotiations to buy rival Maxim Integrated Products for more than $17 billion in what would be one of the largest merger deals of the year, according to people familiar with the matter.
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Rivian Snags $2.5 Billion From T. Rowe Price, Amazon To Take On Tesla In Electric TrucksThe fast-moving EV company has amassed $5.4 billion, the biggest cash hoard of any electric vehicle startup ahead of production.
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PepsiCo revenue falls 3% as pandemic hits beverage salesPepsiCo on Monday reported that its quarterly revenue fell after fewer consumers bought its drinks at restaurants and convenience stores amid the coronavirus pandemic.
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