New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 14, 2014
17:18 EDTBKW, APD, CP, GGP, PGPershing Square Capital gives quarterly update on stakes
NEW STAKES: None. INCREASED STAKES: Burger King (BKW) and Air Products & Chemicals (APD). DECREASED STAKES: Canadian Pacific Railway (CP), General Growth Properties (GGP) and Procter & Gamble (PG). LIQUIDATED STAKES: None.
News For BKW;APD;CP;GGP;PG From The Last 14 Days
Check below for free stories on BKW;APD;CP;GGP;PG the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
September 23, 2014
14:07 EDTBKWTim Hortons aims to hire 5,000 team members across Canada
Subscribe for More Information
11:46 EDTBKWBurger King, Tim Hortons say deal not affected by new tax laws, Reuters says
Subscribe for More Information
10:54 EDTBKWStocks, analysts react to Treasury inversion crackdown
Subscribe for More Information
09:13 EDTBKWOn The Fly: Pre-market Movers
Subscribe for More Information
09:01 EDTPGDistrict court rules in favor of P&G on patent infringement case
In a series of rulings this summer, culminating with a ruling issued on September 15th, the federal District Court for the Southern District of Ohio ruled that Clio USA’s tooth whitening strip products infringe several P&G patents related to P&G’s Crest Whitestrips products. The Court also rejected Clio’s arguments that the patents are invalid.
08:53 EDTBKWInversion regulations look more onerous than expected, says FBR Capital
FBR Capital says the new regulations announced last night by the Treasury and IRS contain appear more onerous than expected. FBR points out the proposed changes remove the ability of inverting companies to make "hopscotch loans" between the foreign and domestic subsidiaries. The firm believes the regulations will not end the practice of inversions, and it still expects completion of already announced deals.
08:00 EDTPGSpectrum Brands to acquire P&G's European pet food business
Procter & Gamble (PG) announced that Spectrum Brands (SPB) has agreed to buy IAMS and EUKANUBA brands in Europe for an undisclosed amount. In April, P&G announced the sale to Mars of 80% of its global Pet Care business, including North America and Latin America. Europe was not included in that deal with the exception of Russia and Turkey. Mars later agreed to buy an additional 10% of the business in additional markets including Japan, Australia and South Africa. With the Spectrum transaction, P&G now has closed deals or reached agreements to sell 100% of its Pet Care business. The deal will close in 2015, subject to regulatory approvals. The geographic regions included in the acquisition, which account for approximately 10% of P&G’s former pet care global sales, include 42 markets throughout Europe. The business has approximately $200M of annual sales and will provide Spectrum Brands’ United Pet Group division access to the $21B European dog and cat food market which is growing at an estimated 3%-5% annually. The acquisition has been approved by Spectrum Brands' board.
07:30 EDTAPDUBS to hold a conference
Subscribe for More Information
September 22, 2014
18:20 EDTBKWSEC fines Wells Fargo Advisors $5M for not stopping inside trade, FT reports
The brokerage arm of Wells Fargo (WFC), Wells Fargo Advisors, was fined $5M by the SEC for not stopping an employee from trading on customer information ahead of the 2010 acquisition of Burger King (BKW), sometimes called “the sandwich deal," FT reports. Reference Link
September 20, 2014
22:05 EDTPGClorox turned down offer to sell or merge with rival, NY Post says
In the last three to six months consumer packaged-goods company Clorox (CLX) turned down an offer from a rival interested in a sale or merger, says the NY Post, citing sources. The NY Post added that logical suitors for Clorox include Church & Dwight (CHD), Procter & Gamble (PG), Jarden (JAH) and Unilever (UN,UL). Reference Link
September 18, 2014
17:00 EDTBKWCarrols Restaurant to buy 30 Burger King restaurants in North Carolina
Subscribe for More Information
09:32 EDTAPDAir Products CEO: The company does not have any structural problems
Subscribe for More Information
07:49 EDTAPDAir Products backs Q4 EPS $1.60-$1.65, consensus $1.62
07:48 EDTAPDAir Products announces five point plan to restructure organization
Subscribe for More Information
07:33 EDTAPDAir Products announces major company restructuring
Air Products announced a major company restructuring, with the goal of regaining industry leadership by providing excellent service to customers as the safest and most profitable industrial gas company in the world. CEO Seifi Ghasemi says he has met and communicated with thousands of Air Products' employees who are ready for change and are committing to a new corporate culture in order to meet this objective. Effective at the start of Air Products' 2015 fiscal year, the company will realign into seven reporting segments: Industrial Gases will comprise four reporting segments and will include all Air Separation Units, Hydrogen/HyCO plants, and the current Merchant Gases segment. Reflecting greater regional focus, over 95% of current Industrial Gases revenues will be contained in the geographic segments of Americas; Asia; and Europe, Middle East and Africa. Materials Technologies will include the Electronics Materials and Performance Materials businesses and will continue to operate as a global business. Energy-from-Waste will include the two Tees Valley projects in the U.K. A Corporate segment will include two global businesses and corporate supporting functions.
September 17, 2014
07:39 EDTCPMorningstar to hold a conference
Management Behind the Moat Conference to be held in Chicago on September 17-18.
September 16, 2014
10:50 EDTGGPOptions with increasing implied volatility
Subscribe for More Information
10:16 EDTAPDAir Products' LNG technology, equipment selected for Freeport terminal facility
Air Products announced an agreement to provide two sets of its proprietary LNG technology, equipment, and process license for Freeport LNG's liquefaction and export project. The sale includes two of Air Products' main cryogenic coil wound heat exchangers and the associated equipment and technology which will be vital in the production of LNG at the facility. The trains are scheduled to be onstream in 2018. In addition to the Freeport, Texas site, Air Products is also providing the LNG technology and equipment for Dominion's liquefaction project at its Cove Point LNG facility at Lusby, Maryland.
07:39 EDTAPDCredit Suisse to hold a conference
Basic Materials Conference to be held in New York on September 16-18.
05:46 EDTPGStocks with implied volatility movement; BP PG
Stocks with implied volatility movement; BP (BP) 18, Procter & Gamble (PG) 12 according to iVolatility.
1 | 2 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use