- Mukesh Buch
- 21 Dec, 2016
- New York City
AMC received conditional approval of the proposed $1.2 billion acquisition of rival Carmike. Accenture net surged 22%. FedEx net rose. Finish Line tumbled after net loss widened. Nike profit jumped. Paychex net and revenues soared 7%.
- Sarla Buch
- 21 Dec, 2016
- New York City
AB InBev agreed to sell its 54.5% stake of African assets to the Coca-Cola for $3.2 billion. Allergan agreed to acquire LifeCell for $2.9 billion. Meggitt sell its Target Systems division to QinetiQ for
- Mukesh Buch
- 20 Dec, 2016
- New York City
BlackBerry net loss widened on 47% decline in revenues but the mobile phone maker lifted adjusted profit outlook. CarMax net jumped. Darden net surged 84%. FactSet profit tumbled 33%. General Mills net plunged 9%. Praxair and Linde agreed to merge. Rite Aid agrees to sell stores to Fred
- Sarla Buch
- 20 Dec, 2016
- New York City
Innovia agreed to be acquired by Canada-based CCL. Lloyds Banking agreed to acquire MBNA for
- Mukesh Buch
- 19 Dec, 2016
- New York City
Apple challenged the European Union competition commission
- Sarla Buch
- 19 Dec, 2016
- New York City
Braas Monier Building agreed to be acquired by the U.S.-based Standard Industries for $1.2 billion. Danone lowered fiscal sales forecast. Parkdean Resorts agreed to be acquired by Canada-based Onex for
- Mukesh Buch
- 16 Dec, 2016
- New York City
Adobe net surged 79% on 23% jump in revenues. Cognizant agreed to acquire Australia-based insurance group Adaptra. Honeywell reaffirmed fourth-quarter earnings forecast. Ingles Markets net declined 12%. Jabil Circuit net tumbled 33%. Oracle profit dropped 7%.
- Sarla Buch
- 16 Dec, 2016
- New York City
Actelion jumped after the European regulatory advisory committee issued positive opinion for the treatment of T-cell lymphoma. EDF lowered profit outlook for fiscal 2017. Johnston Press agreed to sell its unit to Iliffe News and Media.
- Mukesh Buch
- 15 Dec, 2016
- New York City
Nucor lowered earnings outlook. RMR net income and revenues soared. Scholastic net jumped 5% and reaffirmed revenue forecast. Sanderson Farms net nearly tripled. Smart Sand net swung to a loss. 21st Century Fox agreed to acquire remaining stake in Sky for $23.4 billion.
- Sarla Buch
- 15 Dec, 2016
- New York City
Just Eat, the online food ordering platform continued its global expansion with a deal in Canada and in Europe. Lufthansa intends to acquire remaining 55% stake in SN Airholding. Sky agreed to be acquired by 21st Century Fox for
- Mukesh Buch
- 14 Dec, 2016
- New York City
Alaska Air completed acquisition of Virgin America. ABM Industries tumbled 80%. Heico said net income and revenues surged. Joy Global net loss narrowed while revenues declined 24%. Nordson profit soared 53% on 14% jump in revenues. Value Line net plunged 25%.
- Sarla Buch
- 14 Dec, 2016
- New York City
Fashion retailer Boohoo.Com acquired 66% stake in rival Pretty Little Thing and lifted operating profit forecast. Dixons Carphone profit surged but offered cautious outlook. Heinken is considering two proposals for Punch Taverns. Inditex profit jumped 9%.
- Mukesh Buch
- 13 Dec, 2016
- New York City
GMS net surged on 29% jump in revenues. Investors Real Estate Trust net tumbled 37%. KMG Chemicals profit soared 24%. Patterson-UTI Energy agreed to acquire Seventy Seven Energy for $1.8 billion. VeriFone net swung to a loss.
- Sarla Buch
- 13 Dec, 2016
- New York City
AB InBev agreed to sell its five beer brands to Japan-based rival Asahi Group for
- Mukesh Buch
- 12 Dec, 2016
- New York City
Boeing agreed to sell 80 jetliners to Iran Air at a list price of $16.6 billion. CBRE agreed to buy a shopping centre developer. Johnson Outdoors net swung to a loss but revenues soared. The Redstone family withdrew its proposed consolidation of Viacom and CBS.