Seven & I Holdings said Friday that a buyout offer by Alimentation Couche-Tard “significantly” underestimated the value of the Japanese operator of 7-Eleven convenience stores.
While Broadcom beat on infrastructure solutions revenue in the latest quarter, it missed in semiconductor solutions and came up short on its overall revenue outlook for the current quarter.
Nvidia Corp. Chief Executive Jensen Huang has sold more than 5 million shares of the chip maker in recent months, totaling about $633.1 million, according to a new filing.
Salesforce on Thursday announced a deal to acquire cloud startup Own Co. for about $1.9 billion in cash.
Cereal maker WK Kellogg Co. on Thursday talked up its longer-term prospects at an analyst conference, saying that it was better off focused solely on breakfast staples like Frosted Flakes and Raisin Bran after breaking off from Kellanova last year.