The largest US toy manufacturer Hasbro made an offer to buy the second-largest producer Mattel, reports Reuters with reference to informed sources. This transaction could support Mattel. The company has been experiencing financial problems in recent years, and in the past year its shares lost 47%. The last major drop by 28% occurred in October due to the publication of a weak quarterly report....

International rating agency Fitch Ratings has lowered the credit rating of Petroleos de Venezuela SA () to a level one step higher than that before the default, Bloomberg reports. This decision was made after the statement of the President of Venezuela, Nicolas Maduro, that the country intends to restructure its global debt, including the debt of the state oil company. Fitch downgraded PDVSA’s...

Producer of wireless chips Broadcom offered to buy out its competitor Qualcomm for $ 130 billion. The price is calculated from the cost of Qualcomm shares on November 2 (when news about the possible transaction appeared) with a mark-up of about 28%. It is proposed to provide part of the deal with Broadcom shares. Broadcom, the world's fourth largest electronic chip maker based in the US and...

The French government has started selling 4.73% stake in the automaker Renault, France Presse (AFP) reported referring to a statement of the state agency for managing state assets. As a result of the sale, France's share in Renault will return to the level of 15.01%, at which it was two and a half years ago. Nevertheless, the government will remain the largest shareholder in the auto concern....

Chips manufacturers Ambarella and Qualcomm have much in common. Both companies experienced difficulties this year due to increased competition, although Qualcomm's positions may have worsened due to Apple's litigation for patent payments. The business of both companies is expected to sink in recent months, and this has significantly affected the price of their shares. The similarity between...

Apple and Microsoft, the two largest technology companies, have been fighting for decades, and their shareholders received generous dividends. But which stocks are more profitable to buy now? Competitive advantage The key competitive advantage of Apple is the ecosystem built by the company. IPhone is a Trojan horse in the life of a consumer. Buyers like to use the iPhone and, as a rule, this...

Apple may jettison Qualcomm chips already in the next generation of products, reports The Wall Street Journal. The company from Cupertino for years considered the Qualcomm modems to be the only ones worthy of the iPhone, but the appearance of alternative options and litigation between the companies may put an end to long-term cooperation. An anonymous source in Apple told The Wall Street Journal...

Concern Amazon is looking for a place for the second headquarters. Many American cities are trying to interest the company with generous financial offers, not caring about taxpayers. The online trading giant publicly stated that it was looking for a home for its second headquarters. 239 mayors of other American cities that participate in the tender and try to interest the Internet giant, are now...

The Frankfurt court refused to approve the decision by the Director General of Deutsche Boerse, Carsten Kengeter, of charges of insider trading. Recall that he had to pay € 500,000. Mr. Kengeter is suspected of using non-public information about the possible merger of Deutsche Boerse with the London Stock Exchange (LSE) in December 2015. According to the court, the investigation of this case must...