• The Cigna Group and Humana are in talks to merge, according to the Wall Street Journal.
  • Apple reportedly abandons in-house development of a 5G modem chip.
  • The Canadian government reaches agreement with Google (Alphabet) on online information law.
  • Walmart turns to India and reduces imports from China.
  • Mercedes-Benz and BMW are to set up a joint venture for a high-power charging network in China.
  • Deutsche Bank is open to mergers and acquisitions, according to its Chairman.
  • ABB plans to increase sales by 6% to 9% each year from 2024.
  • SAS obtains EU approval for $915 million recapitalization. 
  • Orsted obtains a license for offshore wind project in South Korea.
  • Thyssenkrupp appoints Jens Schulte as CFO.
  • Siltronic expects AI and electromobility to boost sales over the next five years.
  • ASML announces the retirement of CEO Wennink in April and appoints Fouquet as his successor.
  • Occidental Petroleum is in talks to buy CrownRock, a major energy producer in Texas, the Wall Street Journal reported on Wednesday. The deal could value CrownRock at more than $10 billion, including debt.
  • Rover Group - The pet care company announced Wednesday that private equity firm BLACKSTONE will buy it in a $2.3 billion all-cash deal.
  • Vista Outdoor - The board of directors of the sports and outdoor goods group rejected a $1.91 billion cash-and-stock merger offer from Czech arms manufacturer Colt CZ Group.
  • Synopsis on Wednesday forecast first-quarter sales ahead of Wall Street expectations, with artificial intelligence boosting demand for the company's chip design software. The stock gained 1.9% after the close. Synopsys forecasts sales for the current quarter of between $1.63 billion and $1.66 billion, above the consensus of $1.60 billion.
  • Salesforce was up 8% after the close, as the company raised its annual earnings forecast and anticipated fourth-quarter sales of between $9.18 and $9.23 billion, against consensus of $9.21 billion.
  • PVH - The apparel company fell by 4% after the close, with third-quarter sales of $2.36 billion below consensus of $2.41 billion.
  • Pure Storage - The data storage company was down 14.3% after the close, as the company forecast fourth-quarter sales of $782 million, against analysts' estimates of $919.4 million.
  • Snowflake - The data storage company rises 7.6% after the close, with third-quarter revenues of $698.5 million exceeding consensus of $673.3 million.
  • United Auto Workers said Wednesday it was launching a groundbreaking initiative to unionize the entire U.S. auto industry, including Tesla and Rivian.
  • Phillips 66 - Elliott Investment Management took a $1 billion stake in the oil refiner and urged it to reorganize its board to improve performance.
  • Victoria’s Secret - The clothing retailer is down 1.44% after the close, as the company forecasts adjusted earnings for the fiscal year of $1.85 to $2.25 per share, against a consensus of $2.16.
  • Broadcom - The chipmaker will review its strategic options for two business units of VMware, acquired in November, Insider reports Wednesday.
  • Discover Financial Services said Wednesday it was considering a sale of its student loan portfolio.
  • Robinhood Markets - The trading app operator said on Thursday that it would roll out its brokerage service in the UK.
  • Meta Platforms - The group's ad-free paid subscription service, rolled out in Europe this month, breaches European consumer law, the bloc's largest consumer group said on Thursday, filing a complaint with consumer protection authorities.