Shares of Companies with Big Merger Plans Jump After Trump Election

Investopedia11-07

Key Takeaways Shares of companies with large mergers got a boost Wednesday after Donald Trump won the U.S. presidential election. Trump campaigned on a platform that included cutting government ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2481395843?lang=en_US&edition=fundamental","thumbnail":"https://www.investopedia.com/thmb/sCpsLY66obC5cgmFDc7QKHkhLd8=/3543x2362/filters:no_upscale():max_bytes(150000):strip_icc()/INV_DiscoverCard_GettyImages-1236942907-25427c0a4133475cacb18b6aca9564bc.jpg","is_english":true,"pubTime":"2024-11-07 03:18","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2481395843","market":"fut","top_or_hot":-1,"title":"Shares of Companies with Big Merger Plans Jump After Trump Election","media":"Investopedia","content":"<div>\n<p>Key Takeaways\nShares of companies with large mergers got a boost Wednesday after Donald Trump won the U.S. presidential election. Trump campaigned on a platform that included cutting government ...</p>\n\n<a href=\"https://www.investopedia.com/shares-of-firms-with-merger-plans-jump-on-trump-election-8740633\">Source Link</a>\n\n</div>\n","source":"investopedia_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Shares of Companies with Big Merger Plans Jump After Trump Election</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nShares of Companies with Big Merger Plans Jump After Trump Election\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-07 03:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investopedia.com/shares-of-firms-with-merger-plans-jump-on-trump-election-8740633><strong>Investopedia</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Key Takeaways\nShares of companies with large mergers got a boost Wednesday after Donald Trump won the U.S. presidential election. Trump campaigned on a platform that included cutting government ...</p>\n\n<a href=\"https://www.investopedia.com/shares-of-firms-with-merger-plans-jump-on-trump-election-8740633\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4166","symbol_name":"消费信贷","start_time":0,"source_url":"https://www.investopedia.com/shares-of-firms-with-merger-plans-jump-on-trump-election-8740633","article_id":"2481395843","we_media_id":null,"thumbnails":["https://www.investopedia.com/thmb/sCpsLY66obC5cgmFDc7QKHkhLd8=/3543x2362/filters:no_upscale():max_bytes(150000):strip_icc()/INV_DiscoverCard_GettyImages-1236942907-25427c0a4133475cacb18b6aca9564bc.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2481395843","pubTimestamp":1730920729,"sourceInfo":{"source_id":"investopedia_highlight","name":"Investopedia"},"weMediaInfo":null,"summary":"Shares of companies with large mergers got a boost Wednesday after Donald Trump won the U.S. presidential election. Trump campaigned on a platform that included cutting government regulation.The outcome of the vote lifted optimism that the Discover-Capital One and Kroger-Albertsons deals will be completed. It may also have lifted shares of Cleveland-Cliffs, which has tried to acquire U.S. Steel.Donald Trump's re-election and his call to cut government regulation on Wednesday helped boost shares of companies hoping to get regulatory approval for their mergers.Discover shares were recently some 18% higher. Discover's stock was up by a similar percentage.Shares of Kroger  and Albertsons  also gained Wednesday. Their planned $24.6 billion merger has been held up for months by both federal and state regulators who have raised concerns about lack of competition if the two grocers joined together.Kroger added nearly 4%, while Albertsons rose more than 2%.Do you have a news tip for Investopedi","collect":0,"end_time":0,"defaultTopTitle":"investopedia.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4166":"消费信贷","BK4588":"碎股","LU1791807156.HKD":"BGF WORLD FINANCIALS \"A2\" (HKDHDG) ACC","IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","BK7122":"办公房地产投资信托","LU0312595415.SGD":"Schroder ISF Global Climate Change Equity A Acc SGD","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD","BK4504":"桥水持仓","ACI":"艾伯森","LU0130518102.USD":"HARRIS ASSOCIATES GLOBAL EQUITY \"R\" INC","LU0345770993.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) INC","CLF":"克利夫兰克里夫","LU1861217088.USD":"贝莱德金融科技A2","LU0106831901.USD":"贝莱德世界金融基金A2","LU0345770308.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) ACC","BK4006":"钢铁","LU1861220207.SGD":"Blackrock FinTech A2 SGD-H","X":"美国钢铁","LU0648000940.SGD":"Natixis Harris Associates Global Equity RA SGD","BK7154":"办公室房地产信托","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","COF":"第一资本","BK4516":"特朗普概念","BK4532":"文艺复兴科技持仓","IE0002270589.USD":"LEGG MASON CLEARBRIDGE VALUE \"A\" (USD) INC","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","LU0477156797.USD":"HARRIS ASSOCIATES GLOBAL EQUITY \"RE\" (USD) ACC","BK4520":"美国基建股","KR":"克罗格","BK4585":"ETF&股票定投概念","LU0130103400.USD":"Natixis Harris Associates Global Equity RA USD","BK4533":"AQR资本管理(全球第二大对冲基金)","LU1201861165.SGD":"Natixis Harris Associates Global Equity PA SGD","CLF.AU":"Concentrated Leaders","LU2360107671.USD":"BGF FINTECH \"A4\" (USD) INC","DFS":"发现金融","LU1668664300.SGD":"Blackrock World Financials A2 SGD-H","LU1201861249.SGD":"Natixis Harris Associates US Equity PA SGD-H","LU0211331839.USD":"FRANKLIN MUTUAL GLB DISCOVERY \"A\" (USD) ACC","COF.AU":"CENTURIA OFFICE REIT","LU0980610538.SGD":"Natixis Harris Associates US Equity RA SGD-H","BK4113":"食品零售","BK4559":"巴菲特持仓"},"translate_title":"特朗普当选后有重大合并计划的公司股价上涨","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"KR":1,"X":1,"ACI":1,"DFS":1,"COF.AU":1,"COF":1,"CLF.AU":1,"CLF":1},"content_text":"Key Takeaways\nShares of companies with large mergers got a boost Wednesday after Donald Trump won the U.S. presidential election. Trump campaigned on a platform that included cutting government regulation.The outcome of the vote lifted optimism that the Discover-Capital One and Kroger-Albertsons deals will be completed. It may also have lifted shares of Cleveland-Cliffs, which has tried to acquire U.S. Steel. \n Donald Trump's re-election and his call to cut government regulation on Wednesday helped boost shares of companies hoping to get regulatory approval for their mergers.\n\n\n Discover Financial Services (DFS) was among the best-performing stocks in the S&P 500 Wednesday afternoon. Its plan to be purchased for $35.3 billion by rival Capital One Financial (COF), announced in February, hit a snag last month when New York Attorney General Letitia James announced she was investigating the deal.\n\n\n Discover shares were recently some 18% higher. Discover's stock was up by a similar percentage.\n\n\n Shares of Kroger (KR) and Albertsons (ACI) also gained Wednesday. Their planned $24.6 billion merger has been held up for months by both federal and state regulators who have raised concerns about lack of competition if the two grocers joined together. Kroger added nearly 4%, while Albertsons rose more than 2%.\n\n\n Similar sentiments may also be lifting shares of Cleveland-Cliffs (CLF), which were recently up some 22%. The company might now have a better chance of taking over U.S. Steel (X), which in August 2023 rejected its unsolicited $7.25 billion buyout offer and instead agreed to be purchased by Japan’s Nippon Steel. Trump has said he would block the Nippon Steel purchase, arguing that U.S. Steel should remain an American company.\n\n\n Cleveland Cliffs' shares are also recovering from a drop earlier this week after it reported its latest financial results, turning in a GAAP net loss of $230 million. U.S. Steel stock was recently up 8%.\n\n\n \n\n\n\n\n\n \n TradingView\n\nDo you have a news tip for Investopedia reporters? Please email us at\ntips@investopedia.com","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2481395843"}