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Stock Market & Financial Investment News

News Breaks
January 25, 2013
06:13 EDTDANOY, CQBDanone to sell stake in Danone Chiquita Fruits, DJ reports
Danone (DANOY) will sell its stake in Danone Chiquita Fruits, a fruit juice joint venture with Chiquita Brands (CQB), Dow Jones reports, citing a report from financial newsletter Capital Finance and published on the website of French business daily Les Echos. The report suggests that the assets will be sold to Gebruder Bagusat, a German fruit product company. Reference Link
News For DANOY;CQB From The Last 14 Days
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May 20, 2013
07:13 EDTDANOYDanone to invest $417M in deals with China Mengniu Dairy, Reuters reports
Danone Group will invest $417M in two deals with China Mengniu Dairy Co., marking a comeback for the French group in China where scandals have hurt confidence in food safety, reports Reuters.Reference Link
06:09 EDTDANOYOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: The New York Department of Financial Services yesterday sent subpoenas to Apollo Global Management (APO), Guggenheim Partners and Harbinger Group (HRG) as part of an investigation seeking more information on investments that back so-called fixed annuities, sources say, the Wall Street Journal reports...As Home Depot (HD) and Lowe’s (LOW) report fiscal Q1 results this week, the reconstruction phase from last year's superstorm Sandy will be looming large as cooler-than-normal temperatures delay spring selling, the Wall Street Journal reports...REUTERS: Danone Group (DANOY) will invest $417M in two deals with China Mengniu Dairy Co., marking a comeback for the French group in China where scandals have hurt confidence in food safety, Reuters reports...The Nikkei share average surged to a new 5 1/2 year high today, boosted by further weakness in the yen and optimism over the growth outlook after the Japanese government raised its assessment of the economy for the first time in two months, Reuters reports...BLOOMBERG: The longest decline in Treasuries this year has left U.S. government debt the cheapest since March 2011 when measured by real yields and the best relative value compared with German bunds in more than two decades, Bloomberg reports...As JPMorgan Chase’s (JPM) Jamie Dimon prepares for a vote Tuesday on whether he should keep his chairman and CEO titles, he may take comfort knowing that seven of the bank’s 10 largest owners are run by CEOs who are also chairmen, Bloomberg reports.

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