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AB Food Lifted Forecast; Merck, GE and Canon Face EU Fines

Sarla Buch
06 Jul, 2017
New York City

AB Foods lifted fiscal profit outlook on strong sales at Primark. EU fined Merck, GE and Canon. Novae agreed to be acquired for

Vantiv Agrees to Buy Worldpay, KKR Pursues Australian Lender

Mukesh Buch
05 Jul, 2017
New York City

KKR made non-binding takeover offer to Australia-based Pepper Group for $498 million. Monogram Residential Trust agreed to be acquired by Greystar Real Estate Partners for $3 billion. Vantiv agreed to acquire U.K.-based rival Worldpay for $10 billion.

EU Approves Monte dei Paschi Bailout, JP Morgan Exited Vantiv Deal

Sarla Buch
05 Jul, 2017
New York City

Italian bank Monte dei Paschi received

Worldpay Receives

Sarla Buch
04 Jul, 2017
New York City

SKF faced legal challenge from Daimler AG. Sainsbury sales increased 2.7%. Ryanair passenger traffic in June jumped 12%. Stada said Bain and Cinven are preparing for a revised takeover offer. Worldpay surged after Vantiv and JPMorgan offered

Fourth Monthly Decline in U.S. Auto Sales; Bankrate in $1.2 B Deal

Mukesh Buch
03 Jul, 2017
New York City

AK Steel agreed to buy rival Precision Partners. Bankrate agreed to go private for $1.2 billion. Fiat Chrysler U.S. sales in June fell 7%. Ford sales in June slid 5%. GM U.S. sales in June dropped 5%. Intl Speedway net plunged 40%.

Total Invests

Sarla Buch
03 Jul, 2017
New York City

Danone to sell its U.S.-based unit Stonyfield for $875 million. EDF lifted Hinkley Point completion cost to

Berkshire to Exercise Bank of America Warrants, Nike Net Jumps

Mukesh Buch
30 Jun, 2017
New York City

American Outdoor Brands net declined. Berkshire Hathaway plans to buy 700 million shares in Bank of America. Franklin Covey net loss widened. Lindsay net soared 15% on 7% jump in revenues. Micron Technology net swung to profit. Nike profit jumped 19%.

Bayer Lowered Outlook, Trinity Mirror Expects Lower Revenues

Sarla Buch
30 Jun, 2017
New York City

Bayer lowered fiscal profit outlook on rising inventories in Brazil. Delivery Hero raised more than

Walgreens Revises Rite Aid Deal, ConAgra Expands Stock Repurchase Plan

Mukesh Buch
29 Jun, 2017
New York City

Acuity Brands net soared. Conagra net jumped 29% but sales declined 9%. Constellation Brands net surged. Greenbrier net fell 7%. McCormick lifted fiscal outlook. Rite Aid net loss widened. Walgreens Boots terminated merger deal with Rite Aid.

DS Smith to Buy Interstate Resources, J. Wood Issues Cautious Outlook

Sarla Buch
29 Jun, 2017
New York City

Co-op Bank secured

General Mills Beats Earnings on Lower Promotions; Monsanto Net Surges

Mukesh Buch
28 Jun, 2017
New York City

AeroVironment declined on weaker-than-expected fiscal first quarter outlook. CalAmp net loss was flat on weak sales. General Mills net soared 8% and packaged food maker lowered promotions costs. KB Home net more than doubled. Monsanto net soared 19%. UniFirst net plunged.

Philips, Electrical Geodesics in

Sarla Buch
28 Jun, 2017
New York City

Dutch government lowered ABN AMRO stake by 7%. Bunzl forecasted revenues in the second-half to jump 7%. Dixons Carphone profit surged. Legrand plans to buy the Milestone AV Tech for $950 million. Stagecoach net soared. Philips in

EU Issues Record Fine On Alphabet, Darden Jumps on Outlook

Mukesh Buch
27 Jun, 2017
New York City

Computer Services net surged on 15% jump in revenues. Darden Restaurants net plunged but the restaurant operator lifted revenues forecast. FactSet Research net dropped but revenues soared. The EU levied record fine on Alphabet of $2.7 billion. NovaGold net loss narrowed.

Bankia in Spain Acquires BNM, Northgate Plunges

Sarla Buch
27 Jun, 2017
New York City

Bankia agreed to acquire state owned BMN. Carpetright net plunged. Northgate reported weak demand for vehicles. Schaeffler, Germany based auto parts maker lowered profit forecast. Bain Capital and Cinven canceled takeover plan for Stada Arzneimittel.

Key Safety agrees to Buy Bankrupt Takata, Martin Marietta to Buy Bluegrass

Mukesh Buch
26 Jun, 2017
New York City

Martin Marietta agreed to buy privately held Bluegrass Materials Co for about $1.63 billion. Key Safety agreed to acquire defective airbag maker Takata Corp for $1.6 billion. Berkshire Hathaway subsidiary acquired 10% stake in Store Capital.

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