Will Tumi Stock Gain as Samsonite Shareholders Back Deal?
Samsonite (SMSOF) said its shareholders have approved its proposed purchase of luxury luggage maker Tumi.
How will tumi stock be affected by samsonite deal?
Tumi (TUMI) shareholders have backed a deal to be acquired by Samsonite (SMSOF).
Tumi Stock Up, Samsonite to Acquire for $1.8 Billion
Tumi stock is higher in pre-market trading on Friday after Samsonite (SMSEY) agreed to buy the luxury luggage company for $1.8 billion deal.
Samsonite packs up Tumi in $1.8B takeover agreement
The Hong Kong-listed buyer will use the acquisition to enter the market for luxury bags.
European stocks trade mostly higher
European stocks are mostly higher on Friday, with the London benchmark holding its own against eurozone peers as mining shares enjoy another day of strong gains.
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AMD Stock Surges After Q4 Earnings As Data Center Revenues, Outlook Impress
“2022 was a strong year for AMD as we delivered best-in-class growth and record revenue despite the weak PC environment in the second half of the year," said CEO Lisa Su
Stock Market Today: Stocks End Higher Amid Earnings Wave With Fed In Focus; IMF Boosts Global Growth Forecast
Wall Street extended the S&P 500's solid January gains Tuesday as investors sorted through a wave of corporate earnings ahead of tomorrow's crucial Fed rate decision.