- Sarla Buch
- 21 Jun, 2017
- New York City
Centrica sells two power plants to Czech power producer. The investment manager IP Group offers to buy rival Touchstone for $587 million. Prosiebensat 1 sells its Swedish online travel agency for
- Mukesh Buch
- 20 Jun, 2017
- New York City
Boeing revised higher its industry outlook for the next decade. CAI International lifted second-quarter forecast. Lennar net fell 2% but revenues soared 17%. Parexel agreed to go private for $5 billion.
- Sarla Buch
- 19 Jun, 2017
- New York City
Engie agreed to buy 40% stake in Dubai-based National Central Cooling Co. Europcar agreed to acquire rival Goldcar in a
- Mukesh Buch
- 19 Jun, 2017
- New York City
EQT agreed to buy Rice Energy for $6.7 billion. Hess agreed to sell its enhanced oil recovery assets in Permian Basin in Texas. Lockheed Martin and Tata agreed to make F-16s in India. Stryker agreed to buy Novadaq.
- Mukesh Buch
- 16 Jun, 2017
- New York City
Amazon agreed to acquire Whole Foods Market, Inc for $13.7 billion. Google faces $1.1 billion fine from the European Commission. Booz Allen is under SEC investigation for its billing practices. Wal-Mart agreed to buy online retailer Bonobos for $310 million.
- Sarla Buch
- 16 Jun, 2017
- New York City
BP and India-based Reliance Ind plans to invest $6 billion in Krishna-Godavari (KG) basin. JCDecaux wins exclusive advertising contract in Panama Airport. Nestle is exploring options for its U.S. confectionery business. Tesco reported its strongest result in seven years.
- Mukesh Buch
- 15 Jun, 2017
- New York City
Alere said net loss in the quarter widened. Bob Evans net surged on the sale of restaurant unit. CSW Industrials net soared 42%. Jabil Circuit net swung to a loss. Kroger tumbled after profit declined 56% and the retailer lowered earnings forecast.
- Sarla Buch
- 15 Jun, 2017
- New York City
DFS Furniture issued earnings watch on sharp decline in demand. Drax Group plans to pay annual dividend of
- Mukesh Buch
- 14 Jun, 2017
- New York City
Culp Inc, the mattress maker said net income soared 32% and forecasted improved profit. H & R Block net jumped 12%. Liberty Tax said revenues jumped 7%. Motorcar Parts of America extended its five-year sales growth record.
- Sarla Buch
- 14 Jun, 2017
- New York City
British American Tobacco plans to expand its vapor business as full-year cigarette volume is estimated to decline. Deutsche Boerse lifted profit estimate to increase as much as 15%. Hexagon surged on possible sale. Inditex profit jumped. WH Smith sales soared.
- Mukesh Buch
- 13 Jun, 2017
- New York City
Axovant Sciences jumped after net surged 56%. Gymboree filed for Chapter 11 and seek to close s many as 450 stores. John Wiley & Sons profit soared. Tidewater net loss widened. Verizon today completed the acquisition of Yahoo.
- Sarla Buch
- 13 Jun, 2017
- New York City
Ashtead group profit jumped after strong growth in the U.S. and in the U.K. Allied Irish Banks plans to raise up to
- Sarla Buch
- 12 Jun, 2017
- New York City
Aldi plans to invest $3.4 billion in the U.S. for major expansion in next five-years. France based Dassault agreed to acquire Netherlands-based AITAC. Glencore offered $2.5 billion to Rio Tinto for its Australia-based coal assets. Stanley Gibbons is searching for a buyer.
- Mukesh Buch
- 12 Jun, 2017
- New York City
Golden Entertainment agreed to buy American Casino & Entertainment. GE announced CEO Jeff Immelt chief executive officer to step aside after 16 years in a management shakeup. Hamilton Lane assets under management jumped 11%. Honeywell agreed to acquire privately held Nextnine.