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Kraft Heinz Co Makes Formal Merger Proposal To Unilever
Article By: Lorimer Wilson
Friday, February 17, 2017 2:25 PM EDT
Kraft Heinz Co this morning confirmed it has made a formal merger proposal to London-based consumer products giant Unilever plc. Unilever has rejected the offer, but KHC isn’t giving up that easily.
In this article: KHC, UL
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Kate Spade Jumps After Confirming M&A Process, Pre-Reporting Upbeat Q4
Article By: The Fly
Thursday, February 16, 2017 4:10 PM EDT
Shares of Kate Spade jumped after the handbag and apparel company pre-reported quarterly results and announced a strategic process, confirming media reports in recent months of a potential sale.
In this article: KATE Also: COH, KORS, PVH
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Yahoo Warn's Users That Their Accounts Have Potentially Been Compromised
Article By: Marvin R Clark
Thursday, February 16, 2017 3:58 AM EDT
Yesterday, Yahoo was warning users that their accounts had potentially been compromised, but it declined to say how many people were affected. The newly reported malicious activity revolved around the use of “forged cookies”.
In this article: AET, BBY, BRK-A, GPS, HUM, JCPNQ, T, TGT, TWX, VZ, AAPL, AMZN, YHOO, UGA
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Integra Offers To Acquire Codman Neurosurgery Business From J&J For $1.045B
Article By: The Fly
Wednesday, February 15, 2017 11:15 AM EDT
Integra LifeSciences announced that it has made a binding offer to acquire the Johnson & Johnson Codman Neurosurgery business for a price of $1.045B in cash.
In this article: JNJ, IART
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Four Consecutive Trading Sessions With Record Highs
Article By: Marvin R Clark
Tuesday, February 14, 2017 11:31 PM EDT
Federal Reserve Chair Janet Yellen said the labor market is basically where the Fed wants it to be, and inflation is just a little lower than their target.
In this article: AET, AGN, CI, CS, FCX, GM, HUM, T, VZ, TOSBF, CYNO, HOLX, ZLTQ, TMUS, ANTM, QSR, PLKI, LITE
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Cynosure, Inc. To Be Acquired By Hologic, Inc. For $66/Share In Cash, Or $1.65 Bln
Article By: Lorimer Wilson
Tuesday, February 14, 2017 9:33 AM EDT
Cynosure’s portfolio includes over 20 products across major categories, including non-invasive body contouring, hair removal, skin revitalization, and women’s health. Cynosure’s products are currently sold in over 130 countries.
In this article: CYNO, HOLX
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Global Stocks, Dollar Falter As Yellen Testimony Looms; S&P Futures Pressured By Flynn Resignation
Article By: Tyler Durden
Tuesday, February 14, 2017 9:20 AM EDT
The dollar dropped versus most of its Group-of-10 peers ahead of uncertainty surrounding Fed Chair Janet Yellen's testimony to Congress later Tuesday, while the pound declined after U.K. consumer-price inflation data missed economists’ forecasts.
In this article: DAX, JYNFF, UDN, CS, GM, AAPL, GREK, SPY, QQQ, DIA
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Aetna, Humana Mutually End Merger Agreement
Article By: The Fly
Tuesday, February 14, 2017 7:35 AM EDT
Aetna and Humana have mutually ended their merger agreement following a ruling from the United States District Court for the District of Columbia granting a United States Department of Justice request to enjoin the merger.
In this article: AET, HUM Also: MOH
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Allergan To Acquire Zeltiq Aesthetics For $2.48B, $56.50 Per Share
Article By: Jacob Maslow
Tuesday, February 14, 2017 6:39 AM EDT
Allergan announced on Monday that the company will acquire Zeltiq Aesthetics in a $2.48 billion deal. The company's failed merger with Pfizer Inc. last year has led to Allergen Chief Executive Brent Saunders acquiring several companies.
In this article: AGN, ZLTQ Also: PFE
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Statoil Joins Shell And Other Foreign Companies In Exiting Canadian Projects
Article By: Evaluate Energy
Tuesday, February 14, 2017 4:45 AM EDT
Norway’s oil and gas powerhouse Statoil ASA has finalized its exit from the Canadian oilsands and is by no means alone in a list of high-profile internationally-based operators to agree a sale of Canadian upstream assets during the past 12 months.
In this article: ATHOF Also: MUR, SU, BTE, APC, TRMLF, PWE, PTORF, CNQ, CVE, DVN
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A Chicken-Fueled Pairs Trade: Popeyes Louisiana Kitchen Versus Restaurant Brands
Article By: Dr. Duru
Tuesday, February 14, 2017 2:39 AM EDT
Popeyes Louisiana Kitchen advanced as much as 14.7% before settling at the close with a 7.2% gain yesterday on rumors that QSR is interested in buying it. Both stocks jumped on the news.
In this article: PLKI, QSR
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Allergan Plc. Announces Intention To Acquire Zeltiq Aesthetics
Article By: Lorimer Wilson
Monday, February 13, 2017 12:12 PM EDT
Pharma giant Allergan plc. is adding another line of cosmetic treatments to its portfolio, announcing today that it will acquire body contouring specialist ZELTIQ Aesthetics for nearly $2.5 billion in cash.
In this article: AGN, ZLTQ
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Stocks Move Higher As Earnings Roll In
Article By: Yale Bock
Saturday, February 11, 2017 3:37 PM EDT
The financial world was full of news this week, most of it regarding earnings reports.
In this article: HAS, MJN, IRBT, PNRA Also: MAT
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Double Hat Trick
Article By: Marvin R Clark
Saturday, February 11, 2017 9:40 AM EDT
The US and Japan account for nearly a third of the global economy. Trade in goods and services between the world’s No.1 and No. 3 economies was worth nearly $268 billion in 2015.
In this article: AON, BX, GE, MJN, NSANF, RNSDF, SAABF, VWDRY, SHLD, OIL, USO, RBGLY
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Mead Johnson Nutrition Co Accepts Takeover Offer From Reckitt Benckiser Group Plc
Article By: Lorimer Wilson
Friday, February 10, 2017 8:31 AM EDT
Mead Johnson Nutrition Co today officially accepted a takeover offer from British consumer products maker Reckitt Benckiser Group Plc.
In this article: MJN, RBGLY
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Hat Trick
Article By: Marvin R Clark
Thursday, February 9, 2017 9:23 PM EDT
We have new record high closes for the Dow, S&P, and Nasdaq. It’s a hat trick.
In this article: AET, BA, CI, HUM, KO, WFM, ANTM
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