SoftBank Group Shares Hit Over Two-Month High on T-Mobile Stock Gains 
 

SoftBank Group's shares rose to a more than two-month high on potential investment gains the conglomerate could record as it receives additional shares of T-Mobile US.

 
Apple Appeals U.S. Ban That Halted Watch Sales 
 

A federal trade agency's ruling forced the iPhone maker to stop selling its two most popular watch models.

 
Boart Longyear Agrees to Takeover by American Industrial Partners 
 

Drilling services company Boart Longyear has agreed to a takeover by American Industrial Partners Capital Fund VIII in a deal that values its stock at around US$371 million.

 
Online Retailer Zulily Liquidating in California State Proceedings 
 

The private equity-backed seller of clothing, footwear and home goods is shutting down due to a "challenging business environment."

 
Bristol-Myers Squibb to Buy RayzeBio for $4.1 Billion 
 

The deal demonstrates renewed interest in radiopharmaceutical drugs to treat cancer

 
SEC Penalizes Private-Equity Firm OEP $4 Million Over Deal-Info Disclosures 
 

Employees of OEP Capital Advisors sent investors private details about potential deals and other confidential information, violating the private-equity firm's policies, U.S. regulators said.

 
Shoppers Kept Spending This Holiday Season 
 

U.S. retail sales in stores and online rose 3.1% from Nov. 1 through Dec. 24.

 
AstraZeneca to Buy Gracell Biotechnologies 
 

AstraZeneca has agreed to buy Gracell Biotechnologies for a transaction value of $1.2 billion, as part of the former's efforts to grow its cell therapies business.

 
Israel Finance Minister Calls Intel's $25 Billion Investment 'Important and Significant' 
 

Intel's choice 'to approve the unprecedented investment of $25 billion and to establish its new factory right here, in Israel, is important and significant,' says the country's finance minister.

 
How Food Stocks Spoiled in 2023 
 

Companies making packaged food were among the most notable U.S. stock underperformers of the year, and the causes were many. Next year might look better.

(END) Dow Jones Newswires

December 26, 2023 23:00 ET (04:00 GMT)