- Mukesh Buch
- 10 Jan, 2017
- New York City
Alibaba will finance $2.6 billion for a department store chain to private. Ariad Pharma agreed to be acquired by Japan-based Takeda for $5.2 billion. Schulman net tumbled 79%. Barracuda net swung to profit. Lamb Weston net soared 19%. Yahoo said most board members will step down after Verizon deal.
- Mukesh Buch
- 09 Jan, 2017
- New York City
Acuity Brands net surges 19% on 16% jump in revenues. Commercial Metals net plunged 75%. Global Payments net tumbled. McDonald''''s agreed to sell stake in China and Hong Kong. Mars plans to buy VCA for $9.1 billion. UnitedHealth agreed to buy Surgical Care for $2.3 billion.
- Sarla Buch
- 09 Jan, 2017
- New York City
Deutsche Lufthansa estimated higher fuel costs in fiscal 2017 and didn
- 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.