10:20 AM EDT, 06/21/2024 (MT Newswires) -- (Updates to include additional details in the second and the fourth paragraphs.) American Express Company ( AXP ) said Friday it has agreed to acquire Tock, a reservation, table and event management technology provider, from Squarespace ( SQSP ) for $400 million in cash. Squarespace ( SQSP ) and American Express ( AXP...

10:27 AM EDT, 06/21/2024 (MT Newswires) -- Nike's ( NKE ) plan to refocus on production innovation and brand building are likely to lead to a gradual rebound in its short-term financials, Oppenheimer said Friday The athletic footwear and apparel maker has struggled significantly in the past several quarters amid a combination of unfavorable external and internal hindrances, which have...

10:16 AM EDT, 06/21/2024 (MT Newswires) -- UBS (UBS) and Banco do Brasil's South American joint venture UBS BB Investment Bank dismissed about 10 bankers in Brazil in integrating teams from Credit Suisse, Bloomberg reported Friday, citing people familiar with the matter. The employees were mainly junior investment bankers, the report said. UBS BB Investment Bank didn't immediately respond to...

10:18 AM EDT, 06/21/2024 (MT Newswires) -- KKR & Co ( KKR ) has agreed to buy Superstruct Entertainment, the company behind music festivals like Hungary's Sziget and Germany's Wacken Open Air, for 1.3 billion British pounds ($1.64 billion), the Financial Times reported Friday, citing people familiar with the matter. (Market Chatter news is derived from conversations with market professionals...