Microsoft Plans $60 Billion Share-Buyback Program, Raises Dividend

Congressional Democrats have proposed implementing a 2% tax on public companies' stock buybacks.

 
Covid-19 Testing Startup Prenetics to Go Public in SPAC Merger

Prenetics Group Ltd. is going public on the Nasdaq Stock Market in a merger with special-purpose acquisition company Artisan Acquisition, in a deal valuing the Covid testing company at $1.25 billion.

 
Elon Musk's SpaceX Launches First All-Civilian Flight to Orbit

The Inspiration4 mission, led by billionaire businessman Jared Isaacman, would take Americans the farthest into space since 2009.

 
Canadian Pacific Reaches $27 Billion Deal to Buy Kansas City Southern

A rival bidder, Canadian National Railway, has dropped its pursuit, bringing to a close a monthslong battle.

 
Investment Firm Lexington Partners Explores Sale

The buyout-fund investor is exploring a sale of its business, part of an increasingly popular niche of the red-hot private-equity industry, according to people familiar with the matter.

 
Buffett-Backed Indian Fintech Giant Faces Challenges as IPO Nears

The $2.2 billion listing will see the company beat China's Ant to the public markets, but it isn't the dominant player in payments that it wanted to become.

 
Triago's Matthew Swain Sees Bumper Crop of Family-Owned Company Deals

Recently promoted to co-lead the Paris firm's Americas business out of New York, Mr. Swain says Triago's deal volume is surging.

 
Ryanair Upgrades Post-Pandemic Growth Forecast

Ryanair said it expects to deliver traffic growth of 50% from the pre-pandemic figure of 149 million passengers a year, up from the previous forecast of 33%.

 
Airbus, Air New Zealand Launch

Airbus and Air New Zealand have agreed to jointly research the feasibility of operating a hydrogen-fueled aircraft by the end of this decade.

 
Calpers Lays Out Strategy to Improve Long-Term Private-Equity Performance

Shortfalls in the consistency, diversification and cost-efficiency of its private-equity portfolio contributed to its underperformance against policy benchmarks, according to a pension official.

(END) Dow Jones Newswires

September 16, 2021 03:15 ET (07:15 GMT)

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