Remove Amortization Remove Companies Remove Mergers and Acquisitions
article thumbnail

Cisco Bets Big on Cybersecurity With Its Splunk Acquisition -- Is the Stock a Buy?

The Motley Fool

If the deal is approved, it will instantly shoot into the top-five largest software acquisitions ever. Getting its hands on Splunk will also cement the company's ongoing transformation away from a hardware-centric business into more of a recurring-subscription software one. That isn't exactly chump change.

article thumbnail

Energy Transfer Is Getting a Big Acquisition-Fueled Earnings Boost

The Motley Fool

The pipeline company recently reported strong first-quarter results, fueled mainly by recent acquisitions. Another acquisition, this time by affiliate Sunoco (NYSE: SUN) , will help power stronger-than-expected earnings growth for the master limited partnership (MLP) this year. That was enough cash to cover the company's 7.8%-yielding

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Fueled by Another Acquisition, Energy Transfer Continues to Deliver Record-Setting Results

The Motley Fool

Energy Transfer (NYSE: ET) has been on an acquisition binge. billion merger with fellow master limited partnership (MLP) Crestwood Equity Partners last November. On top of that, the company has continued to invest heavily in organically expanding its operations. The midstream giant recently closed its nearly $3.1

article thumbnail

Where Will BigBear.ai Stock Be in 1 Year?

The Motley Fool

BigBear.ai (NYSE: BBAI) , a developer of data mining and analytics tools, went public by merging with a special purpose acquisition company (SPAC) on Dec. Its investors retreated as its growth cooled off, it broadly missed its pre-merger targets, and it racked up steep losses. Its stock opened at $9.84 on April 13, 2022.

article thumbnail

Where Will SoundHound AI Be in 3 Years?

The Motley Fool

The specialist in audio and speech recognition software went public by merging with a special purpose acquisition company on April 28, 2022. Its developer-focused platform, Houndify, enables companies to create customized voice recognition tools. The shares opened at $8.72 and skyrocketed to an all-time high of $24.23

article thumbnail

Could Evolv Technologies Become the Next SoundHound AI?

The Motley Fool

SoundHound has carved out a niche in the AI market with two main platforms: its namesake app, which identifies songs from short audio clips, and Houndify, a platform that allows companies to develop their own speech recognition tools. Houndify drove most of the company's growth as revenue rose 47% in both 2022 and 2023.

article thumbnail

1 Warren Buffett Stock Down 62% to Buy in 2024 and Hold

The Motley Fool

After all, he's owned it since he helped arrange a merger to create the entity in 2015. The merger was worth roughly $45 billion, creating a food giant that owns such famous brands as Kraft, Heinz, Oscar Meyer, Kool-Aid, Jell-O, Capri-Sun, and more. However, the merger also loaded up the new entity with debt. Is it stubbornness?