MoneyGram Jumps on Reported Takeover Interest From PE Firm Advent
MoneyGram shares were higher after a media report said the Dallas money-transfer-services company might have drawn acquisition interest from a private equity firm.The company is "rumored to be in the sights of private equity group Advent," the Financial Times reported on Friday. The news service didn't say where it it got that information.The speculation about Advent's interest surfaced as MoneyGram is close to closing a major debt refinancing, the paper said. That effort could be completed as
Coupa Shares Extend Losses After Post-Analyst Day Selloff
Coupa Software traded lower for a second day Friday, extending Thursday's near 10% loss, as analysts reassessed their outlooks for the financial management software company following a disappointing analyst day event.Coupa hosted a virtual analyst day on Thursday, when the platform provider shared additional detail about its Coupa Pay service, and also provided an update on its longer-term prospects.Analysts honed in on the more conservative outlook provided by Coupa's management team as the lik
I agree that dollar will stay weak for now. How big or small is the upcoming pullbacks we definitely can't predict. Remember: Fed can change their mind anytime!