|
|
News Breaks | | | | April 20, 2012 | | 11:08 EDT |  | SYUT, DANOY, MJN, NSRGY, PFE | Danone drops following report of raised bid for Pfizer unit
Groupe Danone (DANOY) is retreating after the French food maker increased its offer for Pfizer's (PFE) infant nutrition business to close to $11B, according to Reuters, which cited the French website WanSquare. Danone is trying to outbid Nestle (NSRGY), which was nearing a deal for the Pfizer unit last week, Reuters reported, citing unnamed sources. Pfizer's infant nutrition business is growing quickly and is strong in emerging markets, with a key position in China, Reuters added. In late morning trading, Danone dropped 27c, or 1.91%, to $13.89. Pfizer (PFE) is climbing, while Mead Johnson (MJN) and Synutra (SYUT), which also sell infant formula, advanced. | |
|
News For DANOY;PFE;MJN;SYUT;NSRGY From The Last 14 Days Check below for free stories on DANOY;PFE;MJN;SYUT;NSRGY the last two weeks. |
|
|
| May 22, 2013 | | 08:59 EDT | | PFE | On The Fly: Pre-market Movers
 Subscribe for More Information | | | 08:06 EDT | | PFE | Zoetis comments on Pfizer’s split-off plans for remaining interest
Subscribe for More Information | | | 08:04 EDT | | PFE | Pfizer announces plan to split-off remainder of Zoetis
Subscribe for More Information | | | 08:02 EDT | | PFE | Pfizer announces plan to split-off remainder of Zoetis
Subscribe for More Information | | | 06:09 EDT |  | NSRGY | Nespresso's single-serve expansion focused on China, U.S., WSJ reports
Subscribe for More Information | | | 05:57 EDT | | NSRGY | Nestle expands R&D facilities in Singapore
Subscribe for More Information | | | May 21, 2013 | | 07:16 EDT |  | PFE | Pfizer management to meet with Leerink
Subscribe for More Information | | | May 20, 2013 | | 17:04 EDT | | PFE | Pfizer discontinues phase 3 study of inotuzumab ozogamicin
Subscribe for More Information | | | 07:13 EDT | | DANOY | Danone 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 EDT | | DANOY | On 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. | | | | May 16, 2013 | | 09:27 EDT | | NSRGY | Nestle invests CHF 29M to strengthen supply chain in Russia
Nestlé is investing more than CHF 29M in new distribution facilities in Russia to meet growing demand for its products in the country. The company is extending its distribution centre at its manufacturing site in Vorsino in the region of Kaluga to better serve consumers across Russia and other Commonwealth of Independent States countries. The investment will have created about 100 new jobs by the time the new facilities are fully operational in October this year. | | | 08:55 EDT | | PFE | BofA/Merrill's pharmaceuticals analysts hold analyst/industry conference call
Subscribe for More Information | | | May 14, 2013 | | 17:48 EDT | | MJN | Lone Pine gives quarterly update on stakes
NEW STAKES: Valeant Pharmaceuticals (VRX), Virgin Media (VMED), Thermo Fisher Scientific (TMO), CME Group (CME), and Liberty Media (LMCA). INCREASED STAKES: Mead Johnson Nutrition (MJN), News Corp (NWSA), Intuitive Surgical (ISRG), Monsanto (MON), and Qualcomm (QCOM). DECREASED STAKES: Cognizant Technology Solutions (CTSH), Equinix (EQIX), Ralph Lauren (RL), Disney (DIS), and Oceaneering International (OII). LIQUIDATED STAKES: Facebook (FB), Crown Castle (CCI), Accretive Health (AH), Informatica (INFA), and NetEase (NTES). | | | May 13, 2013 | | 07:10 EDT | | NSRGY | Companies pursue more deals in India, Bloomberg reports
The largest overseas bet on Indian consumers is spurring speculation that companies from Nestle (NSRGY) to Colgate-Palmolive (CL) will pursue more deals in a nation where household income is forecast to triple this decade, reports Bloomberg.Reference Link | | | 06:05 EDT | | NSRGY | On the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: U.S. companies are on track to raise the most money through IPOs since before the financial crisis, driven by the same thirst for risk among investors that has pushed the stock market to new highs. Already this year, 64 U.S.-listed public offerings have raised $16.8B, according to Dealogic, the Wall Street Journal reports...Cisco Systems (CSCO) shares fell this time last year after executives warned their biggest corporate customers were ordering less equipment. If history repeats itself this week, the networking giant will join a dreary but growing club (IBM, JNPR), the Wall Street Journal reports...REUTERS: Japan's Nikkei share average surged to a new 5-1/2-year high today as the weakening yen further bolstered exporters, while brokerage shares attracted buyers who see growing volume bringing in much more fee income, Reuters reports...China's factory output growth was surprisingly muted in April, darkening the outlook for the Chinese economic recovery and feeding expectations that the government may take policy action to support activity. Annual industrial output grew 9.3%, up from 8.9% in March but still missing market expectations for a 9.5%, Reuters reports...BLOOMBERG: Wall Street’s major bond dealers are beginning to forecast that the Treasury Department will lower the size of its debt auctions in coming months for the first time in three years as government revenue soars, Bloomberg reports...The largest overseas bet on Indian consumers is spurring speculation that companies from Nestle (NSRGY) to Colgate-Palmolive (CL) will pursue more deals in a nation where household income is forecast to triple this decade, Bloomberg reports. | |
|
|
|
|
|
|
