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2024-01-30 07:39:17 ET Summary iRobot Corporation's merger with Amazon has been called off due to regulatory concerns, leading to significant cost-cutting efforts by iRobot. iRobot's financial performance has been deteriorating, with declining revenue, profits, and cash flows. ...
2024-01-29 15:46:56 ET More on Albertsons Companies Albertsons-Kroger And 15 Other Merger Arbitrage Opportunities With Wide Spreads Kroger Vs. Albertsons: Merger Of Grocery Titans Makes One A Better Deal Based On Value Supermarket Chain Albertsons Rated Hold Until Kr...
2024-01-29 14:34:04 ET By now, you've probably heard the news: The European Commission (EC) wanted Amazon (NASDAQ: AMZN) to make unspecified concessions to allay its concerns that allowing the e-commerce giant to acquire iRobot (NASDAQ: IRBT) wouldn't hinder competition ...
2024-01-29 12:11:00 ET More on Amazon, iRobot, etc. Amazon Q4 Earnings Preview: Buckle Up For Record Revenue Amazon: The Best Of The Big Tech Stocks Why Amazon Could Beat Q4 Again (Rating Upgrade) Biggest stock movers today: SoFi, ZoomInfo, McGrath RentCorp, ...
2024-01-29 11:46:00 ET Summary iRobot and Amazon terminate their deal; iRobot CEO steps down, co announces job cuts. Budweiser plans to air commercials during the Super Bowl, but also faces the threat of a labor strike. Morgan Stanley survey shows inflation remained a core con...
2024-01-29 11:37:13 ET %Amazon (NASDAQ: AMZN) has announced that it is terminating its planned acquisition of robot vacuum maker %iRobot (NASDAQ: IRBT) due to opposition among regulators in Europe. Antitrust regulators in the European Union (EU) vehemently opposed Amazon’...
2024-01-29 10:55:00 ET It's official: Amazon (NASDAQ: AMZN) has ended its pursuit of iRobot (NASDAQ: IRBT) more than a year after striking a deal to buy the company for $61 per share and ultimately agreeing to pay $51.75 per share after iRobot took on debt to fund operations...
2024-01-29 08:52:00 ET U.S. stock index futures on Monday largely hugged the flatline, as market participants geared up for a jam-packed week that will see major tech companies report their results and the first Federal Reserve monetary policy committee meeting of the year. Here are som...
2024-01-29 08:38:44 ET More on iRobot Examination Of iRobot Amid The Struggling Amazon Deal iRobot: Compelling Robotics And AI Play iRobot And Amazon Deal Faces Half-Hearted European Commission Objections Albertsons ticks higher, iRobot pares loss as FTC sues...
iRobot Announces Operational Restructuring Plan to Position Company for the Future PR Newswire Announces Leadership Transition Provides Preliminary Fourth Quarter Results; Schedules Conference Call for February 27, 2024 BEDFORD, Mass. , Jan. 29, 2024 ...
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2024-05-25 11:00:00 ET When Amazon 's deal to acquire iRobot (NASDAQ: IRBT) fell through earlier this year, it was as if the air was let out of the robot vacuum maker's stock. Almost in an instant, shares went over a cliff. The company has been struggling to gain traction ever...
2024-05-24 05:18:00 ET Warren Buffett is one of the greatest investors of all time but he's not stingy with his knowledge. On the contrary, he wants to be remembered as a teacher. And in 1988, he used his annual letter to shareholders of Berkshire Hathaway to educate investors on someth...