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S&P Global to acquire IHS Markit for £32.97 billion

S&P Global Inc. (NYSE: SPGI) said on Monday that it will buy IHS Markit Ltd (NYSE: INFO) for £32.97 billion. The all-stock deal will mark the largest corporate acquisition this year. The two companies were negotiating the mega-deal for the past few months. Following approval from antitrust regulators, the deal is expected to close next year in the second half. CEO
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Intuit says its net income jumped over 200% in the fiscal first quarter

Intuit says its net income jumped over 200% in the fiscal first quarter. The financial software company reports a 14% increase in its revenue. Intuit forecasts up to £1.39 billion of revenue for the second quarter. Intuit Inc. (NASDAQ: INTU) said on Thursday that its revenue in the fiscal first quarter came in 14% higher on a year over year basis. At £149.24 million, its
Economy Finance & banking Industries North America Stocks & shares USA World

Berkshire Hathaway’s revenue slides 3% in the fiscal third quarter

Berkshire Hathaway’s revenue slides 3% in the fiscal third quarter. The conglomerate holding firm's operating earnings were 32% down. Precision Castparts reports an 80% decline in pre-tax earnings. In a report on Saturday, Warren Buffett’s Berkshire Hathaway (NYSE: BRK.A) reported £22.88 billion of earnings in the recent quarter versus the year-ago figure of a much lower