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Bayer Gets U.S. Approval for Monsato Deal, LVMH Q1 Sales Jumps

Sarla Buch
10 Apr, 2018
New York City

Bayer soared after the company won U.S. regulatory approval of Monsanto takeover. BNP Paribas agreed to buy Poland-based Raiffeisen Bank International. Givaudan declined on weaker-than-expected sales. LVMH sales soared 10% to

Hilton Parent to Sell Stake, Nation Beef Agreed to Brazil Deal

Mukesh Buch
09 Apr, 2018
New York City

Hilton Worldwide shareholder HNA Tourism Group plans to sell 63.05 million shares. National Beef Packing agreed to be acquired by Brazil-based Marfrig Global Foods for $969 million.

Novartis in $8.7 B Deal with AveXis, Sulzer Takes Step to Trim Russian Stake

Sarla Buch
09 Apr, 2018
New York City

Henkel confirmed fiscal 2018 outlook and said its delivery problems in North America should be solved by the end of June. Novartis agreed to acquire the U.S.-based AveXis for $8.7 billion in cash. Sulzer buys back five million shares from Russia controlled company.

Greenbrier and WD-40 Exceed Expectations, Pricesmart March Sales Jumps

Mukesh Buch
06 Apr, 2018
New York City

Greenbrier reported better-than-expected results. Hooker Furniture missed earnings estimates. Pricesmart warehouse club sales soared. WD-40 earnings reported above expectations.

Takeda Offers $55 B to Shire, Cassa Depositi to Buy 5% of Telecom Italia

Sarla Buch
06 Apr, 2018
New York City

AO World net loss widened but revenues soared. Italy

Lennar Backlog Jumps; Spotify Valuation May Top $25 B

Mukesh Buch
04 Apr, 2018
New York City

Acuity Brands profit surged on strong sales volumes. CarMax missed earnings estimates. Cloudera tumbled despite revenue surged and net loss narrowed. Dave & Buster''s profit and revenues soared. Lennar jumped on record new orders and backlog.

Swiss Re Seeks Capital from SoftBank; HPI, Telecel Terminate Talks

Sarla Buch
04 Apr, 2018
New York City

Fagron plunged on the U.S. rival acquisition. Grenke profit surged 21%. HPI terminate the talk on the merger with the Telecel Group. Swiss Re said SoftBank stake will not to exceed more than 10%.

Monsanto Misses Q2 Estimates, Smucker to Buy Ainsworth Pet Nutrition

Mukesh Buch
05 Apr, 2018
New York City

Conn''s tumbled on weak outlook. Chase Corp said net and revenues surged. Smucker agreed to acquire Ainsworth Pet Nutrition for $1.7 billion. Lamb Weston profit surged 86% on 12% jump in revenues. Monsanto results disappointed. RPM International net jumped.

Hammerson Positive on Leases; Sophos and Ubisoft Surge

Sarla Buch
05 Apr, 2018
New York City

Electrocomponents beats annual revenue expectations. Hammerson said signed leases jumped 59%. Sophos forecasted fiscal 2020 annual billings of $1 billion. Ubisoft soared on the popularity of the latest version of its computer game.

CME Group Trading Volume Surges, International Speedway Beats Estimates

Mukesh Buch
03 Apr, 2018
New York City

BeyondSpring net loss widened on higher research and development expenses. CohBar net loss doubled. CME Group reported strong trading volumes. International Speedway net surged. Switch Inc net loss widened.

French Retailers Casino, Auchan in Partnership Talk

Sarla Buch
03 Apr, 2018
New York City

Adesso profit declined but revenues soared 23%. Groupe Casino in partnership talks with Auchan Retail and profit tumbled 95%. CPI Property profit soared 51% on 25% jump in revenues. Eurofins Scientific fell after acquisition of South Korea-based rival Lab Frontier.

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