Markets

Alstom Confirms Rail Merger Talks With Siemens

Alstom Confirms Rail Merger Talks With Siemens Two sources familiar with the matter told Reuters that the French company plans to pay shareholders a special dividend if the deal does go through. Alstom is in a stronger financial position than Bombardier, the second source said. Bay said on Twitter. "Is this now the end of Alstom?" Bombardier also wants control of the new group which was not acceptable to Siemens while Franco-German politic... [Full Article...]

Does The Data Supplment The Walt Disney Company (NYSE:DIS) Movement?

Does The Data Supplment The Walt Disney Company (NYSE:DIS) Movement? For the quarter, shares have been noted at -5.52%. Disney Walt Co now has $153.68 billion valuation. The stock price is showing discouraging image with current unsupportive move of -0.66% at trading price of $37.45. (ATUS) if the two companies are unable to reach a new deal before the end of September. The company has market cap of $6.47 billion. The Firm focuses on the development of therapeutic ... [Full Article...]

Equifax dumps CEO in wake of damaging data breach

Equifax dumps CEO in wake of damaging data breach Last week, he joined other state attorneys general in writing a letter to the company expressing concerns over Equifax offering fee-based services in response to its breach. Smith will remain as an unpaid advisor during the management transition. Smith's outing comes days after the company announced its top information and security executives were stepping down. [Full Article...]

Several NCAA basketball coaches arrested in corruption scheme

Several NCAA basketball coaches arrested in corruption scheme The four basketball coaches were arrested late Monday. Employees of a "major worldwide sportswear company" also face charges, according to the U.S. Attorney's Office. The charges stem from an ongoing FBI investigation into "the criminal influence of money on coaches and student athletes" in the NCAA that dates back to 2015. [Full Article...]

Valero Energy Partners LP (NYSE:VLP) Runs -0.68% For the Week

It has underperformed by 12.64% the S&P500. Deutsche Bank AG reaffirmed a "hold" rating and set a $73.00 price target (up from $65.00) on shares of Valero Energy Corporation in a research report on Wednesday, September 20th. The stock has "Buy" rating by Jefferies on Thursday, July 27. The firm has "Buy" rating by Stifel Nicolaus given on Wednesday, October 14. The rating was maintained by Piper J... [Full Article...]

United Kingdom competition watchdog sets rules for comparison sites after review

United Kingdom competition watchdog sets rules for comparison sites after review Representatives from the CMA declined to comment on the name of the insurance firm involved. Comparethemarket.com, owned by insurance and financial services company BGL Group [IPO-BGL.L], is the company to be investigated further, over it having preferential pricing deals with certain suppliers, a source with knowledge of the matter said. [Full Article...]

Beacon Roofing Supply, Inc. (BECN)

Zacks' sales calculations are an average based on a survey of sell-side analysts that that provide coverage for Beacon Roofing Supply. The company beat the analyst EPS Estimate with the difference of $-0.03. Hood River Capital Management LLC grew its investment by buying 9,015 shares an increase of 2.3%. LLC now owns 4,312,112 shares of the company's stock valued at $211,983,000 after acquiring a... [Full Article...]

Earnings Reaction History: Cisco Systems, Inc

Earnings Reaction History: Cisco Systems, Inc If the published price targets set by Cisco Systems, Inc . analysts have any power to influence the stock's share price, the highest price target set for CSCO is $40. It is the net asset value of a company, calculated as total assets minus intangible assets and liabilities. The Sr VP now owns $2,320,631 of the stock per the Form 4 SEC filing. [Full Article...]


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