Smartsheet Inc. SMAR, +0.37% shares were down 5% in after-hours trading Wednesday after the cloud-computing company reported fiscal second-quarter earnings that fell short of Wall Street estimates despite a significant jump in revenue. Smartsheet …
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Kansas City Southern (NYSE:KSU) is reportedly the target of an unsolicited buyout offer from a group of investors including The Blackstone Group (NYSE:BX), shining a spotlight on the railroad company with strong ties to cross-border trade with Mexico.
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General Motors apprentices Jeff Thompson and Sylvia Tran tried to contain their giddiness Wednesday afternoon. The robot they programmed flawlessly performed a trick that morning that they had spent hours working on all week. It was a good thing the …
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There is little rational to explain the current investment environment. Companies with narrowing losses but in the right “stay at home, work at home” space are trading for 100 times sales, not earnings. Historically, earnings meant something in valuing …
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Austin-based Bumble could be preparing for an initial public offering as soon as early next year, according to a report from Bloomberg news service. Bloomberg reported that sources familiar with the matter said the company could seek a valuation of $6 billion …
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