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Stock Market & Financial Investment News

News Breaks
June 25, 2014
08:52 EDTARMKARAMARK recent weakness creates buying opportunity, says RW Baird
Baird said the recent weakness in ARAMARK is a buying opportunity as they believe cost and growth concerns appear largely unwarranted considering the company's lower-risk business model. The firm keeps its Outperform rating and $32 price target on the stock.
News For ARMK From The Last 14 Days
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December 12, 2014
06:27 EDTARMKARAMARK 30M share Secondary priced at $28.00
The deal size was increased to 30M shares from 25M shares. Goldman, JPMorgan, Credit Suisse and Morgan Stanley acted as joint book running managers for the offering.
December 10, 2014
16:50 EDTARMKARAMARK files to sell 25M shares of common stock for holders
Goldman, Sachs & Co., J.P. Morgan Securities LLC, Credit Suisse Securities (USA) LLC, and Morgan Stanley & Co. LLC are acting as joint book-running managers and the representatives of the underwriters, Barclays Capital Inc., BofA Merrill Lynch , RBC Capital Markets LLC, and Wells Fargo Securities, LLC are acting as bookrunners, and Robert W. Baird & Co. Incorporated, PNC Capital Markets LLC, Rabo Securities USA, Inc., Samuel A. Ramirez & Company, Inc., Santander Investment Securities Inc., SMBC Nikko Securities America, Inc., and The Williams Capital Group, L.P. are acting as co-managers of the offering.

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