Mergers & Acquisitions

Santander invests £350 million in Ebury, a best-in-class trade and FX facilitator for SMEs, to strengthen its Global Trade Services offer

Santander invests £350 million in Ebury, a best-in-class trade and FX facilitator for SMEs, to strengthen its Global Trade Services offer – The partnership further improves Santander’s position as the bank of choice for SMEs trading or aspiring to trade internationally. – Santander will accelerate Ebury’s growth plans, which already operates in 19 countries, by entering new markets in Latin America and Asia. PR Newswire MADRID, Nov. […]

Mergers & Acquisitions

AXEREAL Acquires CARGILL’s Malt Business

AXEREAL Acquires CARGILL’s Malt Business The acquisition makes BOORTMALT, AXEREAL’s malt subsidiary, the world’s leading player in malt production PR Newswire PARIS, Nov. 4, 2019 PARIS , Nov. 4, 2019 /PRNewswire/ — AXEREAL, France’s largest grain cooperative, today announced the acquisition of CARGILL’s malt business on behalf of its subsidiary, BOORTMALT […]

Mergers & Acquisitions

Digital Asset TDN Used to Acquire $25m of Graphite

Digital Asset TDN Used to Acquire $25m of Graphite – TODAQ and Gratomic Inc reach deal for first ever commodities purchase with TDN – Graphite among many commodities to sit in TDN reserve backstop PR Newswire TORONTO, DUBAI, UAE and SEOUL, South Korea, Nov. 3, 2019 TORONTO , DUBAI , UAE and SEOUL, South Korea , Nov. 3, 2019 /PRNewswire/ — SovTech technology firm TODAQ, the creators of the cryptographic digital asset TDN, have reached an agreement with Gratomic Inc for the purchase of US$25m of graphite. […]

Stock Analysts

U.S. Cellular (USM) Q3 Earnings Miss, Revenues Rise Y/Y

United States Cellular Corporation USM reported mixed third-quarter 2019 financial results, wherein the top line surpassed the Zacks Consensus Estimate but the bottom line missed the same. Markedly, the company’s unlimited Total Plans boosted increase in average revenue per user (ARPU) and higher inbound roaming contributed to growth in service revenues. Net Income On a GAAP basis, net income for the September quarter was $23 million or 27 cents per share compared with $36 million or 41 cents per share in the year-ago quarter. […]

Stock Analysts

Chevron (CVX) Q3 Earnings Beat Thanks to Production Gains

Chevron Corporation CVX reported adjusted third-quarter earnings per share of $1.59, above the Zacks Consensus Estimate of $1.47. The beat was driven by strong production, which increased almost 3% from the third quarter of 2018. However, the bottom line was below the year-earlier quarter's earnings of $2.11 per share due to lower oil and natural gas price realizations, together with weak refined products sales margins in the U.S. […]

Mergers & Acquisitions

Hornblower Cruises & Events Expands Portfolio To The UK

Hornblower Cruises & Events Expands Portfolio To The UK Acquisition of market-leading City Cruises signals confidence in European on-the-water business, introducing dining and sightseeing experiences in London, Poole and York PR Newswire CHICAGO, Nov. 1, 2019 CHICAGO , Nov. 1, 2019 /PRNewswire/ — Hornblower Cruises & Events, North America’s premier provider of water-based dining, sightseeing, private charter and transportation experiences, has completed its purchase of City Cruises, the UK’s biggest tour boat operator […]