New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 27, 2014
05:49 EDTBUD, VLKAY, DANOYMarketers advertising their Super Bowl ads, WSJ reports
A 30 second Super Bowl ad now costs about $4M for this Sunday's game, and with over 50 ads competing for attention, marketers are trying a number of ways to promote their ads to help gain the attention of an audience that will reach 100M, reports the Wall Street Journal. Reference Link
News For BUD;VLKAY;DANOY From The Last 14 Days
Check below for free stories on BUD;VLKAY;DANOY the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
August 1, 2014
10:43 EDTVLKAYVolkswagen reports July U.S. sales down 14.6% to 30,553 units
July 30, 2014
06:57 EDTVLKAYVolkswagen poised to overtake Toyota in vehicle sales, Reuters says
Volkswagen's (VLKAY) rapid growth in China leaves it well-positioned to overtake Toyota (TM) as the world's leader in vehicle sales, according to Reuters. Volkswagen's sales for the first half of the year could eclipse those of Toyota, the news service stated. Reference Link
July 28, 2014
12:42 EDTDANOYHospira, Danone rise following report of deal talks
Subscribe for More Information
08:12 EDTDANOYHospira to obtain financial benefits from possible Danone deal, says Wells Fargo
After multiple media sources reported that Hospira (HSP) is in talks to buy Danone's (DANOY) medical nutrition business in a potential tax inversion deal, Wells Fargo estimates that the deal could be 9%-12% accretive to Hospira's EPS in 2015-2017 if it's an all-stock deal and 20%-22% accretive if it's a 50%/50% cash and stock deal. The firm The firm estimates that Hospira's tax bill would be cut to 21% in 2015 and 19% afterwards, from its current forecast of 24%-26% during those years. The firm thinks the strategic rationale for the deal from Hospira's perspective, however, is less clear. It keeps a Market Perform rating on the stock.
06:43 EDTVLKAYAudi decreases spare-part costs in China amid investigation, Reuters says
Volkswagen's (VLKAY) premium brand Audi (AUDVF) said it plans to reduce spare-part costs in China as worldwide carmakers rush to amend their pricing goals after the National Development and Reform Commission in China started investigating the vehicle industry, according to Reuters, citing comments in an emailed statement from Audi. The NDRC is looking into the industry amid domestic media allegations that foreign car companies, using a monopolistic market position, are charging Chinese clients too much on products and extra parts. Reference Link
July 27, 2014
15:12 EDTDANOY Hospira in talks to acquire Danone medical nutrition business, FT says
French consumer company Danone (DANOY) has been in negotiations to sell its medical nutrition business to Hospira (HSP) in a deal said to value the unit at $5B, says the Financial Times. The deal would also allow for U.S. based Hospira to domicile its tax base in Europe in a tax strategy known as an inversion, added the Financial Times. In prior reports, Nestle (NSRGY) and Fresenius (FMS) have also been mentioned as suitors for the Danone unit. Reference Link
July 25, 2014
08:24 EDTDANOYDanone backs FY14 view for 4.5%-5.5% sales growth
Danone said 1H performance is in line with the Group roadmap and confirms that Danone’s business is solid: "sales have stabilized in Europe, where the Group continues to adapt its business portfolio and structures; emerging markets continue to report strong growth; and Early Life Nutrition sales in China are moving ahead." Danone has set the following targets for full-year 2014: • like-for-like sales growth of between +4.5% and +5.5%; trading operating margin stable within a range of -20 bps and +20 bps, reflecting the flexibility that the Group seeks to manage its operations, in particular for its Early Life Nutrition business in Asia; free cash-flow of around EUR1.5B excluding exceptional items.
08:20 EDTDANOYDanone reports Q2 like-for-like sales up 2.3% to EUR5.41B
Subscribe for More Information
July 23, 2014
07:25 EDTVLKAYVW head addresses German employees regarding cost reductions, Reuters says
Volkswagen CEO Martin Winterkorn is planning to address workers at the car maker's largest facility in Germany as he aims to win their support for cost reductions at the firm's core VW brand, according to Reuters, citing two company sources. Winterkorn is aiming to reduce costs by $6.74B each year to streamline work processes at all levels of the brand. Reference Link
07:20 EDTVLKAYFiat head says VW tie-up never an option, Reuters says
Subscribe for More Information
06:24 EDTDANOYMead Johnson could be worth $120-$130 in a takeout, says Citigroup
Citigroup says a Wall Street Journal article yesterday about Danone (DANOY) launching a strategic review has renewed speculation in the company being a potential acquirer of Mead Johnson (MJN). Citi says a buyout of Mead is in the "realm of possibility," and it estimates the company is worth $120-$130 per share in a takeout. The firm raised its price target for Mead shares to $109 from $105 citing the company's revenue momentum following its Q2 results. Citi reiterates a Buy rating on Mead.
July 22, 2014
14:23 EDTDANOYMead Johnson jumps after WSJ says Danone started strategic review
Shares of Mead Johnson (MJN) are moving higher after the Wall Street Journal reported that Danone (DANOY) has launched a strategic review. The French company has asked its top managers to explore expansion opportunities, The Journal stated, citing a person familiar with the matter. Shares of Mead Johnson, which reported its Q2 earnings earlier today, spiked 5%, or $4.91, to $97.18 following the report. WhiteWave Foods (WWAV) also moved higher following the report.
14:15 EDTDANOYMead Johnson spikes after WSJ says Danone seeking expansion opportunities
13:47 EDTDANOYDanone unveils review to examine growth opportunities, WSJ says
Danone has unveiled a strategic review as CEO Franck Riboud looks to ensure its long-term growth, amid renewed speculation regarding whether the French company can survive as a stand-alone firm, according to The Wall Street Journal, citing a person familiar with the matter. Reference Link

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