Shares of Avery Dennison Corporation AVY scaled a new 52-week high of $72.64 on Mar 30, eventually closing the day’s trading at $72.40. The stock price appreciation came on the back of benefits expected from its strategy of achieving long-term targets. This Pasadena, CA-based manufacturer of pressure-sensitive materials has a market cap of $6.5 billion. […]
Toyota Motor Corporation ’s TM shares dipped 0.31% on Mar 29, after the company reported a decline in global production for February. The automaker’s total worldwide production dropped 5.2% year over year to 764,937 units in Feb 2016. […]
Astec Industries, Inc. ASTE has received an order for the final $122.5 million of a pellet plant order for Highland Pellets along with a related deposit. […]
Swiss Re Corporate Solutions completes acquisition of IHC Risk Solutions PR Newswire NEW YORK, March 31, 2016 NEW YORK , March 31, 2016 /PRNewswire/ — Swiss Re Corporate Solutions completes its acquisition of IHC Risk Solutions, LLC from Independence Holding Company (NYSE: IHC). With this acquisition, previously announced on 5 January 2016 , IHC Risk Solutions will immediately adopt the Swiss Re Corporate Solutions brand. IHC Risk Solutions’ former president, Mike Kemp , will lead the North America Accident & Health Business Unit of Swiss Re Corporate Solutions. […]
Tahoe Resources Announces Shareholders Vote In Favour Of Acquisition Of Lake Shore Gold Corp. PR Newswire VANCOUVER, British Columbia, March 31, 2016 VANCOUVER, British Columbia , March 31, 2016 /PRNewswire/ — Tahoe Resources Inc. (TSX: THO, NYSE: TAHO) is pleased to announce that shareholders of Tahoe have voted in favour of the previously announced plan of arrangement (Arrangement), whereby Tahoe will acquire all of the outstanding common shares of Lake Shore Gold Corp. […]
Yet another bank has taken further steps for digitization and technology upgrade, which has become essential in the banking sector. Puerto Rico-based Popular, Inc. BPOP started off its “high tech branches” expansion with the opening of its 285 Madison Avenue branch in New York City. […]
According to reports from Bloomberg , Chipotle Mexican Grill, Inc. CMG might just be stepping into the intensely competitive burger industry. The Colorado-based fast casual restaurant is mulling over a restaurant concept focused on hamburger. […]
Pediatric nutrition products provider Mead Johnson Nutrition Company MJN recently launched its Enfinitas premium-priced product line in China. The product line targets rapid expansion in the densely-populated Asian markets. […]
In a bid to expand its territory in the multibillion dollar neuromodulation devices market, Medtronic plc MDT recently launched its NURO percutaneous tibial neuromodulation (PTNM) System in the U.S. Notably, the FDA 510(k) approved NURO System is used to treat patients suffering from overactive bladder (OAB) and associated symptoms of urinary urgency, urinary frequency and urge incontinence. Interestingly, this device is originally a product of Tennessee-based privately-held Advanced Uro-Solutions – a developer of neurostimulation products that address bladder control issues. […]
American Water Works Company, Inc. AWK unit Pennsylvania American Water has agreed to purchase the waste water assets of the Scranton Sewer Authority (“SSA”) for $195 million. […]
Tech giant Alphabet Inc. GOOGL launched Fiber Phone on Tuesday, an optional home phone service that adds to its gigabit speed Fiber Internet and cable network. With the addition of Fiber Phone, Google will now be offering a “Triple Play” service that includes Internet, television and phone. […]
PepsiCo, Inc. PEP announced that Tom Greco, the chief executive officer (CEO) of its North American snacks division — Frito-Lay North America (FLNA) — is stepping down. Al Carey, the current CEO of the North America Beverages (NAB), has been promoted as CEO, North America. […]
Continued impasse over the dwindling fortunes of crude has cast a pall over Western Europe’s biggest oil-producing nation Norway. As per data compiled by Bloomberg based on Norwegian Petroleum Directorate data, energy explorers in Norway found less than 5 million barrels of oil and gas for every exploration well drilled in 2015. This is the lowest ratio since 2006 and compares poorly with a 27 million-barrel average over the past 25 years […]
On Mar 31, 2016, Zacks Investment Research downgraded BHP Billiton Limited BHP to a Zacks Rank #4 (Sell) from a Zacks Rank #3 (Hold). Going by the Zacks model, companies with a Zacks Rank #4 are likely to perform weaker than the broader market over the next quarters. […]
ALCO Doors Joins U.S. LBM Baltimore-based door manufacturer joins leading building materials company PR Newswire BALTIMORE, March 31, 2016 BALTIMORE , March 31, 2016 /PRNewswire/ — U.S. LBM Holdings, LLC (“U.S. […]
Access Expands in Florida with Two Acquisitions Yarnall Records Management in Sarasota provides a new market opportunity PR Newswire LIVERMORE, Calif., March 31, 2016 LIVERMORE, Calif. , March 31, 2016 /PRNewswire/ — Rob Alston, CEO of Access, recently announced two Florida acquisitions, one broadening the company’s existing Orlando market presence and the other adding Sarasota to the list of markets served. […]
Aquarius Cannabis Signs Binding Memorandum of Understanding to Acquire SpeedWeed, One of California’s Largest Delivery Services Company To Acquire SpeedWeed Revenue, Brand, Technology Platform, and 25,000-member Patient Base PR Newswire SAN JUAN, Puerto Rico, March 31, 2016 SAN JUAN, Puerto Rico , March 31, 2016 /PRNewswire/ — Aquarius Cannabis , a U.S.-based branding company in the medical and recreational marijuana industries, today announced that it has signed a binding MOU with the California marijuana delivery service known as SpeedWeed, to acquire all rights, title and interest in all business assets owned by SpeedWeed and its co-founders in connection with the SpeedWeed business. SpeedWeed provides medical marijuana access to more than 25,000 medical marijuana patients in the Los Angeles area, generating more than $2.5M in revenue in 2015. […]
The major benchmarks are about to register this year’s best monthly performances for March after being beaten down in the first two months of 2016. The Dow, the S&P 500 and the Nasdaq added 7.3%, 6.8% and 6.8%, respectively, since Mar 1. […]
Lockheed Martin Corp. LMT has sealed its first order, worth $480 million, for a dozen cargo-carrying hybrid airships that its top secret Skunk Works division has been developing for over a decade. Airships were hit after Hindenburg's ruin in 1937. […]
Shares of Teradyne Inc. TER hit a new 52-week high of $21.83 on Mar 30, eventually closing at $21.56. […]
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