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Boeing Lifts Dividend and Expands Stock Buy Back, Casey

Mukesh Buch
12 Dec, 2017
New York City

3M plans to sell its optical fiber business to Corning for $900 million. Boeing lifted dividend and expanded share buyback to $18 billion. Casey''s General lowered fiscal 2018 forecast. KMG Chemicals net rose. RMR Group net tumbled 32%.

Unibail Buys Westfield for $16 B, Atos Launches Unsolicited Offer for Gemalto

Sarla Buch
12 Dec, 2017
New York City

Ashtead launched

Catholic Charities Merger to Create Largest Hospital Network

Mukesh Buch
11 Dec, 2017
New York City

Ascension is in talks with Providence St. Joseph to create the largest hospital network with 191 hospitals in 27 states. GGP rejected $14 billion unsolicited offer from Brookfield Property Partners.

BAE Signs Typhoon Deal with Qatar, Petrofac to Exit North Sea Operations

Sarla Buch
11 Dec, 2017
New York City

Axel Springer is in talks to sell majority stake in digital media Aufeminin. BAE Systems agreed to provide 24 fighter jet to Qatar worth

Cooper Beats Earnings Estimate, Dell Tech Still in Loss Despite Revenue Surge

Mukesh Buch
08 Dec, 2017
New York City

American Outdoor Brands lowered fiscal year estimate. Cooper profit surged 46%. Dell Technologies net loss narrowed on stronger revenue growth but margins remained under pressure. Finisar missed estimated. Johnson Outdoors net swung to profit.

Air France KLM Traffic Jumps, Carl Zeiss Net Surges on Margin Boost

Sarla Buch
08 Dec, 2017
New York City

Abbey net soared 9%. Air France KLM passengers traffic in November jumped 5.9%. Berkeley lifted earnings estimate but warns of Brexit risks. Carl Zeiss Meditec profit surged on higher margin.

Dollar General Surges on Strong Results, Vail Resorts Net Loss Narrows

Mukesh Buch
07 Dec, 2017
New York City

Ciena Corp said net income soared 30%. Dollar General reported strong sales and tightened fiscal outlook. Ferrellgas Partners net loss widened. Vail Resorts net loss narrowed.

Ladbrokes Coral, GVC Deal Talk Lifts Stocks, Orange Cautiously Optimistic

Sarla Buch
07 Dec, 2017
New York City

Ladbrokes Coral surged on takeover offer from GVC. France-based telecom operator Orange SA offered mildly optimistic outlook. Smith & Nephew completed acquisition of Rotation Medical. Uniper fell on fiscal 2018 outlook but raise dividend.

UnitedHealth to Buy DaVita

Mukesh Buch
06 Dec, 2017
New York City

American Eagle forecasted strong holiday earnings. HD Supply reaffirmed fourth quarter outlook. Home Depot launches new $15 billion buyback plan. RH earnings results meet the expectations. UnitedHealth plans to buy DaVita urgent care unit.

Hammerson Buys Rival Mall Operator Intu, Steinhoff Collapses on Fraud

Sarla Buch
06 Dec, 2017
New York City

Elior Group profit declined. Hammerson agreed to buy smaller rival Intu Properties for

Toll Brothers Misses Earnings Estimates, AutoZone Beats Earnings View

Mukesh Buch
05 Dec, 2017
New York City

AutoZone beats quarterly result expectations. Ascena Retail plunged. Bank of Montreal said profit impacted by hurricanes. J.Jill net plunged 23%. Toll Brothers stock eased off.

Cineworld Buys Regal Entertainment, Steinhoff Plunged on Investigation Worries

Sarla Buch
05 Dec, 2017
New York City

Allied Irish Banks said interest margin increased in-line with market expectations. Cineworld agreed to acquire the U.S.-based Regal Entertainment for

CVS, Aetna Agree on Mega Merger, Hartford to Sell Talcott Resolution

Mukesh Buch
04 Dec, 2017
New York City

CVS Health agreed to acquire health insurer Aetna Inc for $207 per share. Exactech agreed to be acquired by TPG Capital for $737 million. Hartford Financial to sell its life insurance business for $2.05 billion.

Dialog Plunges on Apple Worries, Prysmian Acquires General Cable

Sarla Buch
04 Dec, 2017
New York City

Aker agreed to divest minority stakes in two North Sea fields. Dialog tumbled after the chipmaker said its largest customer Apple may design its own power management chip. Prysmian agreed to buy the U.S.-based rival General Cable for $3 bn. Tryg agreed to buy domestic business from Alka Forsikring.

Axalta Rejected Nippon Deal, Costco November Sales Soar

Mukesh Buch
01 Dec, 2017
New York City

Axalta Coating rejected $9.1 billion takeover offer from Nippon Paint. Big Lots net soared after store makeover. CVS is close to buying Aetna. Costco November sales surged 13%. Genesco lowered fiscal 2018 outlook. Michaels reported stronger-than-expected results.

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