Month: November 2011

Stock Analysts

AIR Wins Airlift Support Extension

November 30, 2011 0

As the whole world and government gears up to defend itself and prepare their aerospace and defense industries to shield against looming terrorism, AAR Corp. ( AIR ), one of the most trustworthy companies named by Forbes magazine, has been chosen to Extend Airlift Support for the Department of Defense (DoD) operations of U.S. […]

Stock Analysts

Mechel Inks Deal with BelAZ (MT) (MTL)

November 30, 2011 0

Russian mining company Mechel OAO ( MTL ) inked a deal with Belarus-based BelAZ OAO, following their agreement-in-principle in August 2011. As per the partnership agreement, BelAZ is expected to set up production of cargo platforms on the dump trucks and further certify a Mechel subsidiary as a BelAZ service center in the Russian Federation. The financial details of the transaction were not disclosed. […]

Stock Analysts

Disney Banks on Low Bond Rates (DIS) (NWSA) (TWX)

November 30, 2011 0

The global credit markets have recently undergone significant disruption creating difficulties for the companies to obtain financing at reasonable terms. However, the scenario is quite different for the U.S. blue chip companies, at least for now, as they can access cheap funding despite the turmoil […]

Mergers & Acquisitions

Sara Lee and its Joint Venture Partner Kaffehuset Friele to buy House Of Coffee Business From ISS

November 30, 2011 0

Sara Lee and its Joint Venture Partner Kaffehuset Friele to buy House Of Coffee Business From ISS PR Newswire UTRECHT, The Netherlands, November 30, 2011 UTRECHT, The Netherlands , November 30, 2011 /PRNewswire/ — Move strengthens partners’ out-of-home business in Norway and Denmark Sara Lee Corp. (NYSE: SLE) and its Norwegian joint venture partner Kaffehuset Friele announced they have entered into an agreement with ISS A/S to acquire the House of Coffee business, a leading foodservice provider of beverage solutions to offices and institutions in Norway and Denmark . The deal is expected to close before the end of calendar 2011 and is subject to customary conditions, including regulatory approval […]