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Lululemon To Acquire At-Home Fitness Mirror For $500M

Lululemon Athletica Inc. (LULU) announced yesterday that it will be acquiring the at-home fitness company Mirror for $500 million.

Tesla’s Elon Musk Asks Workers To Help Company Break Even in Second Quarter

Tesla Inc.’s (TSLA) CEO billionaire Elon Musk is reportedly asking employees to work hard to allow the electric car maker to break even …

Norwegian Air Cancels 97 Boeing Aircraft, Seeks Compensation

Norwegian Air said it cancelled orders for 97 Boeing Co. (BA) aircraft and has filed compensation claims related to the grounding of the …

Uber Is Said To Be In Takeover Talks To Buy Postmates

Uber Technologies Inc. (UBER) has reportedly made an offer to buy Postmates, the upstart delivery service, in a deal valued at about $2.

Micron Beats Quarterly Sales Bets; Rosenblatt Sees 103% Stock Upside Potential

Micron Technology Inc (MU) beat third-quarter sales estimates lifting shares up by almost 6% in Monday’s after-market trading as work-from-home and online learning …

Zogenix’s Fintepla Gains FDA Approval, but Analyst Sees Challenging Launch Ahead

Last Friday was a forgettable one for drug maker Zogenix (ZGNX). Shares popped by 15% in early trading, only to end the day down …

Carlyle Buys 20% Stake in Piramal’s Pharma Business For $490 Million

The Carlyle Group (CG) announced that it has agreed to purchase a 20% stake in the pharmaceutical business of Indian Piramal Enterprises Ltd. …

Gilead Sets Pricing For Remdesivir Drug Candidate At $2,340 Per Patient   

Gilead Sciences Inc. (GILD) on Monday priced its experimental coronavirus drug candidate remdesivir at $2,340 per patient for a 5-day treatment in the …

Amazon Acquires Self-Driving Startup Zoox

Amazon (AMZN) has announced that it is acquiring the self-driving startup Zoox. The online retail giant did not disclose the amount of the …

BP To Sell Petrochemicals Business To Ineos For $5 Billion

BP PLC (BP) announced that it has agreed to sell its global petrochemicals business to Ineos for $5 billion sending shares up 3.3% …

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