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Starboard Builds Big Stake in Chip Maker Qorvo
The activist firm run by Jeff Smith owns a 7.7% stake in the chip maker that competes with the likes of Broadcom and Qualcomm.
Activist Investor Starboard Value Takes 7.7% Stake in Chipmaker Qorvo
Starboard Value has built a 7.7% stake in Qorvo, the chipmaker revealed in a filing on Friday, as the activist investor looks to boost the company's weak share price. Shares of the company rose over 7% in premarket trading.
Starboard builds 7.7% stake in chipmaker Qorvo, WSJ reports
Activist investor Starboard Value has built a 7.7% stake in chipmaker Qorvo, the Wall Street Journal reported on Thursday, citing people familiar with the matter. The stake, valued at around $500 million,
3d
on MSN
Jack Daniel’s maker to slash 12% of its workforce as consumers’ alcohol consumption dries up
Jack Daniel’s maker Brown-Forman is slashing 12% of its workforce as more consumers cut back on their alcohol consumption, ...
23h
Maker turns Raspberry Pi into a wireless USB flash drive for an embroidery machine
The Feral Engineer has created a wireless USB flash drive for his embroidery machine to avoid plugging a flash drive in every ...
3d
France's Ouvre becomes latest sugar maker to shut plant
Sugar-maker Ouvre has halted operations due to technical and financial problems and asked farmers to sell their beets to ...
21h
on MSN
Biden finalizes major loan to EV-maker Rivian days before Trump’s inauguration
The Biden administration has finalized a massive loan to electric vehicle (EV) maker Rivian just days before President-elect ...
1d
David Lynch, Maker of Florid and Unnerving Films, Dies at 78
A visionary, his films included “Eraserhead,” “Blue Velvet” and “Mulholland Drive.” He also brought his skewed view to the ...
5h
on MSN
Volkswagen looking to deepen partnership with U.S. EV maker Rivian, Spiegel reports
Volkswagen is considering ways to deepen its partnership with U.S. electric car maker Rivian, the German company's CEO told ...
3h
on MSN
Black Music Action Coalition, Jimmy Jam & Terry Lewis Present Third Annual Music Maker Grants in Conjunction With ‘ReStore & ReBuild L.A.' Fundraiser
The Black Music Action Coalition, Jimmy Jam and Terry Lewis are announcing their third annual BMAC x Jimmy Jam and Terry ...
20h
on MSN
Medical-Apparel Maker Figs Turns Down Private-Equity Acquisition Offer
Figs, which went public in 2021, said it’s confident in its standalone plan and prospects, resulting in its decision to ...
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