- Mukesh Buch
- 06 Jan, 2017
- New York City
AZZ net tumbled 23% on 6% decline in revenues. AngioDynamics net swung to profit. Greenbrier jumped despite net and revenues plunged. PriceSmart net jumped 5%. Ruby Tuesday net loss widened after revenues slumped 18%. Verizon is unsure about Yahoo purchase.
- Sarla Buch
- 06 Jan, 2017
- New York City
Private equity firms are close to acquiring Germany-based payment service provider Concardis for
- Mukesh Buch
- 05 Jan, 2017
- New York City
Boeing wins orders of 80 737 long range aircrafts worth $8.8 billion. Constellation Brands net surged 50%. Cato December same-store sales declined 12%. Gartner agreed to buy CEB for $3.3 billion. L Brands comparable sales slid. Macy''s comparable sales fell 2.1%. Walgreens net dropped.
- Sarla Buch
- 05 Jan, 2017
- New York City
Air Liquide agreed to acquire beauty and healthcare ingredients maker Serdex from Bayer. U.K. based home builder Persimmon said revenues in the year soared 8% to
- Mukesh Buch
- 04 Jan, 2017
- New York City
Alcoa estimated $121 million restructuring charges linked international operations. DCP Midstream Partners acquired assets of Phillips 66 and Spectra Energy. Ford reported record annual sales in a decade and GM sales increased 3.6% in December.
- Sarla Buch
- 04 Jan, 2017
- New York City
Intesa Sanpaolo finalized up to
- Mukesh Buch
- 03 Jan, 2017
- New York City
Autoliv and Volvo signed a deal to develop software for driver assistance systems. Delek agreed to buy Alon USA Energy for $868 million. Intel plans to acquire Germany-based digital map maker. SM Energy agreed to sell Eagle Ford shale energy assets for $800 million.
- Sarla Buch
- 03 Jan, 2017
- New York City
BBA Aviation plans to merge its U.S. aircraft management and charter business with Gama Aviation. Dassault Aviation reduced its share capital by 9.6%. LSE agreed to sell its derivative unit to the Euronext for
- Sarla Buch
- 02 Jan, 2017
- New York City
Airbus and Iran are expected to sign a contract next week for 20 ATR 72-600 short-haul passenger plane. AXA completed the sale of Bluefin at a much reduced price than originally estimated for
- Mukesh Buch
- 30 Dec, 2016
- New York City
Fairfax Financial received preliminary regulatory approval to buy a 51% stake in South India based Catholic Syrian Bank. General Cable agreed to pay U.S. penalty for bribing foreign officials. Iconix Brand agreed to sell the home electronics retailer Sharper Image for $100 million.
- Sarla Buch
- 30 Dec, 2016
- New York City
Despite Brexit fears, indexes in the U.K. and Europe surged in the quarter and extended the halted rally in the year. Hammerson agreed to sell 50% stake in Watermark to its Singapore-based partner GIC. ICAP completed the sale of its global hybrid broking business to Tullett Prebon for
- Sarla Buch
- 29 Dec, 2016
- New York City
Bovis Homes lifted fiscal year operating profit forecast. Gategroup agreed to acquire Servair from Air France KLM. Petrobras sell its stake in sugar and ethanol producer Guarani for $202 million.
- Mukesh Buch
- 28 Dec, 2016
- New York City
Abbott received the antitrust approval for its acquisition of St. Jude Medical. Qualcomm was fined by South Korean antitrust regulator for $854 million. Delta Air canceled the order worth about $4 billion for 18 Boeing 787 Dreamliners. Tatts rejected takeover offer from KKR.
- Sarla Buch
- 28 Dec, 2016
- New York City
Elliott Capital increased its stake to 19% in the U.K.-based Alliance Trust. BP agreed to acquire gasoline stations from Australia-based Woolworths for $1.3 billion. Loxam raised its offer for the U.K.-based Lavendon Group Plc to
- Mukesh Buch
- 27 Dec, 2016
- New York City
Alden Global acquired 24.8% stake in discount retailer Fred''s. Toshiba is expected to write down in billions of dollars linked to the purchase of U.S. nuclear power plants by its Westinghouse division. Tesla said Panasonic will invest $256 million in its New York production facility.