Mergers & Acquisitions

Coms plc Grows Business Further with Acquisition of CloudXL

Coms plc Grows Business Further with Acquisition of CloudXL PR Newswire LONDON, February 12, 2014 LONDON , February 12, 2014 /PRNewswire/ — – Business technology specialist bolsters portfolio at Coms plc Coms plc is delighted to announce the acquisition of CloudXL. Through this purchase, Coms will be accessing the Essex based business technology specialist’s expertise in cloud based solutions, consultancy and technology services, to complement the hosted telephony services that Coms has built its business on. With an enviable range of partners, including: Avaya, Brocade, Microsoft and Mitel, CloudXL has a first class reputation for delivering innovative, dependable solutions to its client base […]

Stock Analysts

Burger King Improves Sandwich Option

World’s second-largest fast food hamburger chain, Burger King Worldwide, Inc. ( BKW ) has recently decided to increase the size of its signature BIG KING Sandwich. The decision was taken after witnessing strong demand for its BIG KING Sandwich since its Nov 2013 debut. […]

Stock Analysts

Jacobs Acquires Eagleton Engineering

Engineering and construction company, Jacobs Engineering Group Inc. ( JEC ) recently announced the acquisition of Houston, Texas-based, Eagleton Engineering, LLC, for an undisclosed amount. Eagleton specializes in pipelines and related facilities […]

Stock Analysts

P&G Cuts FY14 View on Forex Headwinds

Consumer products giant, The Procter & Gamble Company ( PG ) recently reduced its fiscal 2014 sales and earnings forecasts to reflect the impact of higher-than-expected currency headwinds. Core earnings per share are expected to grow in the range of 3%–5% in fiscal 2014 down from 5%–7% to reflect currency rate fluctuations in Venezuela and recent currency devaluations by several other developing countries. Currency headwinds are now expected to hurt 2014 earnings by 9%, higher than 7% as expected earlier […]

Stock Analysts

ConAgra Falls on Lowered Guidance

Stock price for the consumer foods company, ConAgra Foods, Inc. ( CAG ) declined 6.3% on Feb 11, 2014, as it cut its fiscal 2014 (ending May 2014) guidance. The company lowered its adjusted earnings per share expectations for fiscal 2014 to a range of $2.22 to $2.25 from $2.34 to $2.38 range. […]

Stock Analysts

j2 Global Expands in Australia

Yesterday, j2 Global Inc. ( JCOM ), a leading provider of cloud-based digital faxing, voice messaging systems and digital media, announced that it has acquired two Australian Internet fax business service providers. The buyouts include Sydney-based OzeFax and Brisbane-based Faxmate. […]