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$MAR said after the amended merger agreement, $HOT's BoD has decided that the proposal from the consortium, consisting of Anbang Insurance, J.C. Flowers and Primavera Capital, is no longer a superior proposal. Under the merger agreement, $HOT is therefore no longer allowed to negotiate with or provide confidential information to the consortium.
Can you imagine a food store with no cash registers? Well, it is coming true soon thanks to $AMZN. The company is opening its new grocery store in Seattle and it has no cash registers. AI takes over!
$AVGO reports 4Q earnings today. I am wondering what to expect.
$SHLD seems to be rolling down the curve, it has been reporting net loss for the past many quarters. The Company Board seems to be doing nothing to stem this trend.