Certent, Inc. Acquires DisclosureNet Acquisition Expands Financial Compliance Capabilities and Bolsters Management Team PR Newswire PLEASANTON, Calif., June 30, 2016 PLEASANTON, Calif. , June 30, 2016 /PRNewswire/ — Certent, Inc. […]
Salesforce and Demandware Receive All Required Regulatory Approvals PR Newswire SAN FRANCISCO and BURLINGTON, Mass., June 30, 2016 SAN FRANCISCO and BURLINGTON, Mass. , June 30, 2016 /PRNewswire/ — Salesforce (NYSE: CRM), the Customer Success Platform and the world’s #1 CRM company, and Demandware (NYSE: DWRE), the industry-leading provider of enterprise cloud commerce solutions, today announced that all required regulatory approvals have been received to complete the tender offer. The German Federal Cartel Office has granted clearance for the previously announced proposed transaction pursuant to which Salesforce intends to acquire Demandware. […]
Ball Completes Acquisition of Rexam PLC and Sale of Divestment Business Highlights – Creates world’s largest beverage can manufacturer with complementary plant and customer network – Generates annual net synergies in excess of $300 million by the end of year three – Achieves 9 percent after-tax return on invested capital by the end of 2019 – Grows earnings, free cash flow and EVA dollars over time – Company also completes required sale of divestment business PR Newswire BROOMFIELD, Colo., June 30, 2016 BROOMFIELD, Colo. , June 30, 2016 /PRNewswire/ — Ball Corporation (NYSE: BLL) today announced the completion of its acquisition of Rexam PLC for approximately $6.1 billion of cash and equity, plus the assumption of approximately $2.4 billion of net debt, making Ball the largest manufacturer of beverage cans in the world. The company also completed the required sale of the divestment business to Ardagh Group, receiving cash proceeds of approximately $3.1 billion at closing. […]
Steel Dynamics to Acquire Vulcan Threaded Products to Expand SBQ Finishing Capabilities PR Newswire FORT WAYNE, Ind., June 30, 2016 FORT WAYNE, Ind. , June 30, 2016 /PRNewswire/ — Steel Dynamics, Inc. (NASDAQ-GS: STLD) today announced that it has entered into a definitive agreement to acquire 100% of Vulcan Threaded Products, Inc. […]
Monmouth Real Estate Investment Corporation Announces New Acquisition Guaranteed By Snap-on Inc. In Louisville, KY PR Newswire FREEHOLD, N.J., June 30, 2016 FREEHOLD, N.J. , June 30, 2016 /PRNewswire/ — Monmouth Real Estate Investment Corporation (NYSE: MNR) today announced the acquisition of a new 137,500 square foot industrial building located at 2311 South Park Road, Louisville, KY at a purchase price of $11,304,000 […]
Premier North American food company ConAgra Foods, Inc. CAG reported weaker-than-expected results for fourth-quarter fiscal 2016 (ended May 29, 2016). […]
The latest stress test results turned out to be continued embarrassments for Deutsche Bank AG DB and Banco Santander, S.A. SAN as the Federal Reserve objected to the capital plans of their U.S. units once again […]
Arçelik Expands its Business Further into Asia with Major Acquisition PR Newswire ISTANBUL, June 30, 2016 ISTANBUL , June 30, 2016 /PRNewswire/ — Arçelik, a global player in the home appliances industry, has signed an agreement to acquire Dawlance, Pakistan ‘ s leading white goods manufacturer. Acquisition will help drive Arçelik ‘ s growth strategy in emerging markets and its goal to create strong presence in Asia Pacific region, following its recent investment in Thailand . Arçelik A.Ş […]
Darden Restaurants, Inc. DRI posted mixed fourth quarter and fiscal 2016 results wherein the bottom line beat the Zacks Consensus Estimate and the top line lagged the same. […]
Averna Acquires US-Based Nexjen Systems PR Newswire MONTREAL, June 30, 2016 Deal Strengthens Averna’s Presence in Eastern USA as Part of Its Global Growth Strategy MONTREAL , June 30, 2016 /PRNewswire/ — Averna , an industry-leading developer of test solutions and services for electronics device-makers worldwide, announced today that it has acquired 100 percent of US-based Nexjen Systems for an undisclosed amount. Nexjen Systems is a full-service integrator with leading expertise in mechanical test systems, RF automated test equipment, industrial control, measurement & monitoring systems, and automation control panels. Nexjen Systems, a division of Jenkins Electric Company, was created in 2005 to service Jenkins Test & Measurement customers in the southeast region […]
Discover Financial Services DFS had received approval from the Federal Reserve to implement its new capital plan over the next four quarters. The capital plan comprised 7% dividend hike and share buybacks worth $1.95 billion. These initiatives are due to get a nod from the company’s board of directors at its July meeting […]
As per media reports, Exxon Mobil Corporation XOM is contemplating acquiring a stake in a large Mozambique natural gas development project from Anadarko Petroleum Corporation APC and Eni SpA E . News agency Bloomberg reported that if the the gas deal is sealed, it would reap huge benefits for the poverty-stricken African nation. In Apr 2016, it was disclosed that the African country had a hidden debt of approximately $1.4 billion […]
Natural gas pipeline company Williams Companies Inc. WMB announced that it will seek compensation from Texas-based pipeline firm Energy Transfer Equity LP ETE as the latter has terminated the merger accord. In fact, Williams believes that Energy Transfer Equity has no right to breach the deal. […]
Leading energy utility firm Southern Company SO and Atlanta, GA-based energy services holding company, AGL Resources Inc. GAS jointly announced that they have received the final approval from the regulators of New Jersey for their $12 billion proposed merger. […]
Citigroup Inc. C inked yet another deal in continuation with its efforts to boost returns by streamlining operations. The Wall Street banking giant is set to sell its institutional Prepaid Card Services to Germany-based payment and issuing company, Wirecard AG […]
Shares of Pandora Media, Inc. P have gone up nearly 6.6% so far in this week. The stock primarily received a boost from an upgrade by Morgan Stanley at the beginning of the week […]
Chipotle Mexican Grill CMG is introducing “chorizo” a mix of spicy pork and chicken in some of its restaurants in select cities. The offering proved to be popular among guests when it was tested last year. The new addition to the menu has been made available at select stores from Jun 29 […]
HealthRight to Acquire HealthNEXT in a Move to Deliver on the Promise of Population Health Management Companies agree to terms in stock deal to close in the next 45 days PR Newswire CONSHOHOCKEN, Pa., June 30, 2016 CONSHOHOCKEN, Pa. , June 30, 2016 /PRNewswire/ — HealthRight , the most comprehensive ehealth services provider, today announced that it has agreed to terms in the acquisition of HealthNEXT , a firm dedicated to the development of organizational and corporate cultures of health. HealthNEXT is a leader in establishing evidence-based employer roadmaps for achieving benchmark cultures of health and well-being based on its proprietary research of organizations who have already achieved success. […]
Starwood Hotels & Resorts Worldwide, Inc. HOT has entered into an agreement with JL Parramatta Pty Ltd for developing Four Points by Sheraton Parramatta in Sydney. The resort, which is situated at 89 George Street, is expected to open in 2018 […]
McCormick & Co. Inc. MKC delivered modest results in the second quarter of fiscal 2016, where earnings beat the Zacks Consensus Estimate while revenues matched the same. […]
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