Mon, Apr 29, 2024 4:15 PM
Blackstone Clinches Hipgnosis Deal, Expanding Music Rights Portfolio
A Flip by Avya Verma
AT&T (NYSE: T) and T-Mobile US (NASDAQ: TMUS) are two of the three major telcos that dominate the U.S. wireless market, but each arrived at that point from different places. AT&T is a former Baby Bell, a one-time regional landline company that's evolved into a wireless giant. It is the current market share leader, rising above the other telco that emerged under similar circumstances.
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Shares of Robinhood Markets (NASDAQ: HOOD) currently sit more than 70% below their all-time high, a milestone reached in August 2021. However, investors who bought more recently have been well rewarded -- the stock has more than doubled over the past year. This fintech enterprise just reported strong financial results for the three-month period that ended March 31.
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Private health insurer Niva Bupa has lined up six investment banks to raise ₹3,000 crore in an initial public offering this year, three people aware of the development said. The company has appointed Kotak Mahindra Capital Co., Axis Capital, HDFC Bank, Morgan Stanley, ICICI Securities and Motilal Oswal to manage the public issue, the people cited above said.
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