Month: May 2015

Mergers & Acquisitions

Johnson & Johnson Announces Acceptance of Binding Offer From Cardinal Health To Acquire Cordis

May 28, 2015 0

Johnson & Johnson Announces Acceptance of Binding Offer From Cardinal Health To Acquire Cordis PR Newswire NEW BRUNSWICK, N.J., May 28, 2015 NEW BRUNSWICK, N.J. , May 28, 2015 /PRNewswire/ — Johnson & Johnson (NYSE: JNJ) today announced the acceptance of the March 1, 2015 binding offer from Cardinal Health to acquire its Cordis business for an approximate value of $2 billion . The offer was accepted after consultations with relevant works councils and trade unions […]

Stock Analysts

Palo Alto Networks (PANW) Q3 Loss Widens, Revenues Beat

May 28, 2015 0

Palo Alto Networks, Inc. PANW reported third-quarter fiscal 2015 adjusted loss per share (excluding amortization and other one-time items but including stock-based compensation) on a proportionate tax basis of 44 cents per share, which was significantly greater than the Zacks Consensus Estimate of a loss of 18 cents per share. Also, adjusted loss widened from a loss of 25 cents per share reported in the year-ago quarter. […]

Stock Analysts

Costco’s (COST) Q3 Earnings Beat Estimates, Improve Y/Y

May 28, 2015 0

Costco Wholesale Corporation COST reported its third-quarter fiscal 2015 results, wherein earnings of $1.17 per share surged 9.3% from the prior-year quarter and came ahead of the Zacks Consensus Estimate by a couple of cents. With this earnings beat, the company has outperformed the Zacks Consensus Estimate for the fourth straight quarter. Let’s Unveil Further The warehouse retailer’s total revenue, which includes net sales and membership fee, climbed 1.2% to $26,101 million from the prior-year quarter. […]

Mergers & Acquisitions

TEAM Industries and Venom Product Agree on Acquisition of TEAM Aftermarket Division

May 28, 2015 0

TEAM Industries and Venom Product Agree on Acquisition of TEAM Aftermarket Division PR Newswire BAGLEY, Minn., May 28, 2015 BAGLEY, Minn. , May 28, 2015 /PRNewswire/ — TEAM Industries announced today the acquisition of the TEAM Aftermarket division by Venom Products LLC effective August 1 st , 2015. Venom Products will supply all products currently offered by TEAM Aftermarket and has exclusive rights to all TEAM Aftermarket products going forward […]

Mergers & Acquisitions

Aperture Health Inc., provides status of progression of manufacturing agreements with CSS Alliance LLC

May 28, 2015 0

Aperture Health Inc., provides status of progression of manufacturing agreements with CSS Alliance LLC PR Newswire NEW YORK, May 28, 2015 NEW YORK , May 28, 2015 /PRNewswire/ – Aperture Health Inc., (OTC Markets: APRE or the “Company”), is pleased to announce that the Company’s acquisition target, CSS Alliance LLC (“CSS”) is making progress with manufacturing services agreements for specialized container production and fulfillment out of China . CSS is a Steel Management Services organization. CSS has signed an agreement to manage PASS BOX GLOBAL’s manufacturing of their Portable Aggregate Supply System on a multi-year basis […]