Why did Deere's stock shares jump?

Deere's shares jumped after the company raised its annual profit outlook, anticipating an upturn in the agriculture economy.

What is Cristiano Ronaldo's investment in Herbalife?

Cristiano Ronaldo invested $7.5 million for a 10% stake in HBL Pro2col Software LLC, a digital platform owned by Herbalife.

Why is EBay buying Depop?

EBay is buying Depop for about $1.2 billion to attract younger shoppers and strengthen its position in the e-commerce market.

Home / Business and Economy / Deere Soars on Profit Boost, Ronaldo Invests in Herbalife

Deere Soars on Profit Boost, Ronaldo Invests in Herbalife

19 Feb

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Summary

Deere shares climbed after raising its annual profit outlook significantly.
Cristiano Ronaldo invested $7.5 million for a 10% stake in Herbalife.
EBay acquired Depop for $1.2 billion to attract younger consumers.

Deere Soars on Profit Boost, Ronaldo Invests in Herbalife

Deere & Company experienced a significant stock increase following an upward revision of its annual profit outlook. The world's largest farm-machinery maker anticipates a long-awaited recovery in the agricultural sector, boosting investor confidence.

Cristiano Ronaldo has invested $7.5 million in a digital platform associated with Herbalife. This strategic investment grants the football superstar a 10% ownership in HBL Pro2col Software LLC, signaling growing interest in digital ventures within the health and wellness sphere.

EBay has strategically agreed to acquire Depop, a popular fashion resale marketplace, for approximately $1.2 billion. This acquisition is designed to attract younger consumers and enhance EBay's competitive position in the crowded e-commerce market.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.