The shares of Colgate-Palmolive Co. ( CL ) reached a new 52-week high of $66.04 on Oct 30, 2013, gaining momentum from the company’s recently reported strong top- and bottom-line results for third quarter 2013 and an impressive full-year outlook. […]
CGI Group, Inc. ( GIB ) recently declared the extending of its outsourcing agreement with League Data to the year 2021. This renewed five-year contract, which was originally valid till 2016, is worth $30 million Canadian Dollars. […]
Mattel Inc. ’s ( MAT ) doll brand American Girl is all set to enter Canada through a partnership with Canada’s largest book, gift, and specialty retailer Indigo Books & Music Inc. Starting spring 2014, this Toronto-based retailer will showcase American Girl branded products in its Yorkdale Shopping Centre, Toronto, and Robson Street, Vancouver. […]
Cargill completes acquisition of Joe White Maltings PR Newswire MELBOURNE, Australia, Oct. 31, 2013 MELBOURNE, Australia , Oct. 31, 2013 /PRNewswire/ — Cargill Australia Limited announced today that it has completed the acquisition of Joe White Maltings from Glencore International. […]
Lender Processing Services, Inc. Sets December 19 as Date of Special Stockholder Meeting to Vote on its Acquisition by Fidelity National Financial, Inc. PR Newswire JACKSONVILLE, Fla., Oct. […]
Gold miner Newmont Mining Corporation ’s ( NEM ) Akyem project in Ghana and Phoenix Copper Leach project in Nevada have achieved commercial production safely on schedule and on budget. The employees and contractors in Ghana and Nevada worked efficiently to enable the projects work at full capacity. Akyem is a large, open pit gold mine situated in the Birim North District in Eastern Ghana […]
Safeway Inc. ( SWY ) continues to remain on headlines for the past several months. […]
In a bid to reduce its debt, The Dow Chemical Company ( DOW ) has launched cash tender offers for up to $500 million aggregate principal amount of notes issued by the company and its fully-owned unit Rohm and Haas Company. The company has appointed BNP PARIBAS and BofA Merrill Lynch as dealer managers for the tender offers. […]
Leading telecom provider Alcatel-Lucent ( ALU ) announced that it has been awarded a contract from Sprint Corporation ( S ) for providing its ultra-broadband TDD-LTE (Time-Division Duplex Long-Term Evolution) mobile access network. The company will use the 2.5GHz spectrum that it acquired recently in the U.S. […]
According to Bloomberg, Morgan Stanley ( MS ) is set to acquire a 30% stake in Mitsubishi UFJ Financial Group, Inc. ( MTU ) wealth-management business in Japan. The deal will expectedly be complete early next year […]
Diamond Offshore Announces Pricing of Senior Notes PR Newswire HOUSTON, Oct. 31, 2013 HOUSTON , Oct. […]
Platform Acquisition Holdings Completes Acquisition of MacDermid, Incorporated – Combined entity renamed Platform Specialty Products Corporation, seeks NYSE listing PR Newswire TORTOLA, B.V.I., Oct. 31, 2013 TORTOLA, B.V.I., Oct. 31, 2013 /PRNewswire/ — Platform Acquisition Holdings Limited (LSE: PAH) (“Platform”) announced today that it has completed its previously announced acquisition of MacDermid, Incorporated (“MacDermid”) a global provider of high value-added specialty chemicals for approximately $1.8 billion and up to $100 million of contingent consideration […]
Starwood Property Trust Announces Spin-Off Of Single-Family Residential Business – New public REIT, to be called Starwood Waypoint Residential Trust, will be one of the largest investors, owners and operators of U.S. single-family rental homes and non-performing residential mortgage loans – – Affiliate of Starwood Capital Group to merge with Waypoint Real Estate Group; combined entity to manage Starwood Waypoint Residential Trust through a platform of over 570 people located in 13 offices throughout the United States – PR Newswire GREENWICH, Conn., Oct. 31, 2013 GREENWICH, Conn […]
Thor Acquires Specialty Trailer Producer Bison Coach PR Newswire ELKHART, Ind., Oct. 31, 2013 ELKHART, Ind. , Oct. […]
Garmin Ltd . ( GRMN ) reported strong third-quarter 2013 earnings of 69 cents per share, exceeding the Zacks Consensus Estimate by 9 cents, helped by strong growth in new products that are increasingly diversifying its business. Revenues Garmin’s third-quarter revenues of $643.6 million was down 7.6% sequentially and 4.3% year over year. […]
AXIS Capital Holdings Limited ( AXS ) reported third-quarter 2013 net operating income of $1.74 per share, which was substantially above the Zacks Consensus Estimate of $1.17. Earnings improved 6.7% year over year. A sturdy top line, largely driven by higher premium aided the outperformance. […]
Real estate investment trust – Duke Realty Corp. ’s ( DRE ) third-quarter 2013 core FFO (funds from operations) of 28 cents per share came in line with the Zacks Consensus Estimate and 2 cents above the prior-year quarter FFO. Better rental operations and higher net operating income (NOI) attributed to the year-over-year increase. […]
Gibraltar Industries, Inc. ( ROCK ) reported adjusted earnings per share of 31 cents in the third quarter of 2013, up 29.2% from 24 cents in the year-ago quarter. […]
Diversified utility, NiSource Inc. ( NI ) posted operating earnings from continuing operation of 18 cents per share in the third quarter of 2013, in line with the Zacks Consensus Estimate. Earnings however jumped considerably from the year-ago profit level of 4 cents, backed by continued execution of significant midstream and other infrastructure investments […]
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