Tag: deals

Macron in China Urges ‘Shared Responsibility for Peace’

BEIJING—French President Emmanuel Macron said Wednesday he wants to “engage China toward a shared responsibility for peace” in Ukraine when he meets Chinese leader Xi Jinping this week. French officials said earlier that Macron planned to urge Xi in talks Thursday to use Beijing’s influence with Russian President Vladimir Putin, but didn’t expect a big…


Black Friday Crowds Thin Despite Deals

RALEIGH, N.C./ NEW YORK—Inflation-weary shoppers were expected to turn out in record numbers for deals on Black Friday. But thin crowds were seen outside many stores in New York, Raleigh, Chicago, and Los Angeles on what historically has been the busiest shopping day of the year. Many who opened their wallets in the United States…


How the Net Asset Value Is Still in Place for SPACs With Terminated Deals

Along with the hundreds of announced SPAC mergers and closed deals in 2021 came a handful of SPAC deals that were terminated. Here’s a look at what it means for the SPACs that called off mergers. What Happened SPACs can terminate deals for numerous reasons including a change in valuation sentiment, missing deadlines, or news items…


B2B Partners, User Additions Drive Wix.com’s Q3 Beat, Raises FY21 Revenue Outlook

Wix.com Ltd. reported third-quarter FY21 revenue growth of 26 percent year-on-year to $320.8 million, beating the consensus of $315.2 million. Segments Creative Subscriptions revenue increased 19 percent Y/Y to $241.3 million. The Creative Subscriptions collections climbed 28 percent Y/Y to $292.7 million. Creative Subscriptions ARR as of the end of Q3 was $992.3 million, up…