FIT News and Press, Fitbit Inc. Class A From 09/29/20

Fitbit (FIT) shares are up 4.9% pre-market after Google ([[GOOG]][[GOOGL]]) submits a second round of acquisition concessions to EU antitrust authorities.The European Commission didn't reveal the details of the new concessions and will now seek feedback from rivals and customers before a...

Nike (NKE), Peloton Interactive (PTON), and Fitbit (FIT) have made robust recoveries by adapting to the new normal by increasing focus on digital channels. Learn how this change in their business models will position them for soaring returns next year. The fitness industry, though shaken ...

Merger activity increased last week with one new deal announced. The acquisition of Standard AVB Financial by Dollar Mutual Bancorp. InnerWorkings receives shareholder approval. For further details see: Merger Arbitrage Mondays - A Very Active Quarter Draws To A Clo...

Fitbit advances steadily throughout the week. Despite announcement of regulatory review extension Fitbit merger spread continues to narrow. Merger arbitrage cash spreads widen as the broader market continues its downward trend. For further details see: Merger Arbitrage A...

FinancialBuzz.com News Commentary New York, NY (9/23/2020) – As technology evolves to increase productivity and eliminate or reduce human error, several major industries are expected to undergo significant changes. The medical device industry, for example, is expected to enter a ...

Tiffany corrects inaccurate statements by LVMH regarding the merger agreement. LVMH submits a deal for European Commission for approval. Merger arbitrage cash spreads narrow as the broader market continues its downward trend. For further details see: Merger Arbitrage Ana...

Apple (NASDAQ: AAPL) hosted its first product announcement for 2020 today, using a virtual format due to the ongoing COVID-19 pandemic. As expected, there were no new iPhones shown off; that unveiling will probably happen next month. Instead, the headline products were Apple Watch Series 6 a...

Merger activity decreased last week, with two new deals announced, but one of these was a blockbuster deal worth $21 billion and at a 108% premium to Friday's closing price. None of the pending active deals were completed last week. There was also a private deal nearly double the size of the...

Apple ( AAPL +2.2% ) will host a virtual event tomorrow starting at 10 AM PDT that could involve a variety of product announces but might not include the 5G iPhone lineup, which could have a separate launch event in October. More news on: Apple Inc., Fitbit, Inc., Taiwan Semiconducto...

Fitbit (NYSE: FIT )   receives clearance from the USFDA and Conformite Europeenne (CE) marking in the European Union, for its electrocardiogram app to assess heart rhythm for atrial fibrillation. More news on: Fitbit, Inc., Tech stocks news, Stocks on the move, Read more ...