Tag: shares

Defense firm Meggitt’s shares skyrocket on sale to U.S. giant Parker-Hannifin

The Meggitt plc company logo seen displayed on a smartphone. Igor Golovniov/SOPA Images/LightRocket via Getty Images U.S. industrial company Parker-Hannifin has agreed a £6.3 billion ($8.8 billion) deal to buy British defense and aerospace company Meggitt, the companies announced Monday. The deal, which will see Parker pay 800 pence per share, sent Meggitt stock soaring

CDC shares ‘pivotal discovery’ on Covid-19 breakthrough infections that led to new mask guidance

Experts say that vaccination makes it less likely that you’ll catch Covid-19 in the first place — but for those who do, this data suggests they could have a similar tendency to spread it as unvaccinated folks. “High viral loads suggest an increased risk of transmission and raised concern that, unlike with other variants, vaccinated

Amazon shares slide after earnings disappoint

Amazon CEO Andy Jassy Bloomberg | Bloomberg | Getty Images Shares of Amazon dipped more than 7% in early trading Friday after the company on Thursday reported disappointing second-quarter results and gave weak guidance for the current quarter, suggesting recent pandemic-fueled momentum is slowing. The stock is on pace for its worst day since March