
Bloomberg ETF IQ 02/10/2025
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Bloomberg
2 minutes ago
- Bloomberg
Starlink Urges Change to South African Black Ownership Rules
Elon Musk's SpaceX urged South Africa to consider an alternative to Black ownership rules for telecom companies that want to operate in Africa's largest economy. SpaceX asked the authorities to allow it to operate using an equity-equivalent program as an alternative to the existing requirement that Black people have 30% ownership of businesses operating in the ICT sector, the company said in a letter to the government seen by Bloomberg. It wants such programs to be a standard for the industry, according to the submission.


Bloomberg
27 minutes ago
- Bloomberg
Switzerland's M&A Deal Surge Leaves the Rest of Europe Behind
Switzerland is seeing a more than fivefold surge in mergers and acquisitions that's outpaced most of its European peers, giving bankers hopes for a lucrative payout this year. The volume of takeovers targeting Swiss companies has jumped 465% to $16.7 billion so far this year, according to data compiled by Bloomberg. Private equity firms are particularly active, with Advent announcing late Sunday it has agreed to acquire Zurich-listed chipmaker U-blox Holding AG in a deal valued at 1.05 billion Swiss francs ($1.3 billion).
Yahoo
29 minutes ago
- Yahoo
Dayforce Shares Pop on Report of Talks With Private Equity Firm Thoma Bravo
Key Takeaways Dayforce is reportedly discussing a sale to private equity firm Thoma Bravo. Bloomberg said a deal could be announced within a few weeks. Shares of Dayforce took off on the news, but they remain lower year-to-date. Dayforce (DAY) shares soared more than 20% on indications that private equity firm Thoma Bravo is in talks to purchase the human resources software provider. Bloomberg reported that people familiar with the matter indicated that an agreement could be reached in as soon as a few weeks. They added that while the discussions are in the advanced stage, they could be delayed or stumble, and another suitor might emerge. In a note to investors, analysts at Jefferies noted that considering Dayforce's stock had lost 28% year-to-date as of Friday's close and the depressed valuation, "we are not surprised by PE interest.' The analysts added they also wouldn't be surprised to see Dayforce trying to sell because of the weakness in the stock price. They explained that it has been 'tough sledding' for the company since the shares' post-COVID highs, and they have underperformed the entire HR software group since the firm's April 2018 initial public offering. Investopedia has reached out to Dayforce and Thoma Bravo for comment. Even with today's gains, shares of Dayforce remain down 9% this year. Read the original article on Investopedia Sign in to access your portfolio