British retailer Currys drops 5% as China's JD.com walks away from takeover race [MSNBC.com]
JD.com, Inc. - American Depositary Shares (JD)
Last jd.com, inc. - american depositary shares earnings: 3/2 05:03 am
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Source: MSNBC.com
Key PointsIn this articleA Currys Plc store on Oxford Street in central London, UK, on Monday, Feb. 19, 2024.Bloomberg | Bloomberg | Getty Images"JD.com today confirms that, following careful consideration, it does not intend to make an offer for Currys," it said.Currys shares plunged more than 10% on the announcement, before paring losses slightly. The stock was trading down 4.4% by 2:50 p.m. London time.Currys did not immediately respond to CNBC's request for comment.The electronics retailer, which operates more than 820 stores across eight countries, has become the subject of a possible takeover as it has struggled in the face of increased competition and depressed consumer spending.Its share price has fallen gradually over recent years and is currently trading down around 60% since early 2021.However, the company has so far been reluctant to engage with would-be buyers.said MondayThe U.S. investment firm, via its affiliate Elliott Advisors, said that following "multiple attempts t
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JD
News
- JD.com to Report First Quarter 2024 Financial Results on May 16, 2024GlobeNewswire
- ATRenew Inc. Announces Appointment of New Director [Yahoo! Finance]Yahoo! Finance
- UnionPay Now Accepted on JD.com: Cross-Border Shopping Made Easier for Global CustomersPR Web
- UnionPay Now Accepted on JD.com: Cross-Border Shopping Made Easier for Global Customers [Yahoo! Finance]Yahoo! Finance
- Singapore Hedge Fund APS Says Founder to Step Down as CIO [BNN Bloomberg (Canada)]BNN Bloomberg
JD
Earnings
- 3/6/24 - Beat
JD
Sec Filings
- 4/26/24 - Form 6-K
- 4/18/24 - Form 6-K
- 4/18/24 - Form 6-K
- JD's page on the SEC website