Markets
PPG retreats from AkzoNobel buyout attempt
Dulux owner Akzo had rejected three takeover bids from PPG, forcing the United States giant to either attempt a hostile takeover or throw in the towel. PPG had considered taking its offer hostile. Under Dutch takeover rules, PPG had to submit a firm offer for Akzo Nobel by Thursday or walk away for at least six months. [Full Article...]
House panel issues subpoenas for Flynn, others
Representatives of the committee would not comment on the report. No hearing date was set for Comey's testimony, which is likely to focus on reports that Comey filed an internal memo in mid-February saying that Trump had asked him to ease up the FBI investigation of Flynn. [Full Article...]
Renewable energy expected to continue growth, despite Trump
Speaking in Berlin about the Paris climate change accord, he said that " China in recent years has stayed true to its commitment". The Paris accord was agreed upon by 197 countries and so far has been ratified by 147 parties, which includes the European Union. [Full Article...]
Stock Ballooning Up Pre-Bell: Ciena Corporation (NYSE:CIEN)
Ciena Corporation ( CIEN ) reported sales (ttm) of 2.65 Billion, whereas, 20 number of analysts estimated the mean sale of 695.34 million. Aperio Group LLC boosted its stake in shares of Ciena by 3.4% in the third quarter. COPYRIGHT VIOLATION NOTICE: "State Treasurer State of Michigan Acquires 1,300 Shares of Ciena Co . (CIEN)" was originally published by Markets Daily and is the property of of M... [Full Article...]
The Redefine International PLC (RDI) Upgraded to "Buy" at Peel Hunt
Therefore 63% are positive. Numis Securities downgraded the shares of OSB in report on Wednesday, May 11 to "Hold" rating. Liberum Capital has "Buy" rating and GBX 495 target. (NYSE:EXR) has "Neutral" rating given on Tuesday, May 23 by Cantor Fitzgerald. 16/03/2017 - OneSavings Bank had its "Outperform" rating reiterated by analysts at RBC Capital Markets. [Full Article...]
Ulster's Lions set to roar in Tour opener
But Lions head coach Warren Gatland believes his squad are ready for the 10-match tour, and Warburton agrees. "The government should step in and introduce what happens in Britain and Australia where enlightened governments have stipulated certain sports must have free live broadcasts", says Mr Peters. [Full Article...]
Were Analysts Bullish CIT Group Inc
GALLIGAN MATTHEW had sold 5,097 shares worth $214,809 on Monday, February 6. Other institutional investors also recently made changes to their positions in the company. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell. 10/14/2016 - CIT Group Inc (DEL) had its "outperform" rating reiterated by analysts at Oppenheimer. [Full Article...]
Sterling drops on fears Tories could fail to win an outright majority
Sterling hits a 6-week low on fears the conservatives won't win a majority in the election and face a hung parliament . JPMorgan analysts suggested in a research note published Friday that sterling would most likely rise in the immediate aftermath of a Corbyn victory, whereas Nomura researchers argued it was more likely investors would sell the United Kingdom currency, leading to an immedia... [Full Article...]