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Stock Market & Financial Investment News

News Breaks
November 16, 2012
07:36 EDTDANOYPeltz said to want increased stake in Danone, Reuters reports
The activist investor Nelson Peltz wants to increase his stake in French food group Danone (DANOY) to gain a say in its management, the Wansquare website says, without naming its sources, reports Reuters. Reference Link
News For DANOY From The Last 14 Days
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July 23, 2014
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
July 18, 2014
06:26 EDTDANOYDanone to buy 40% stake in Brookside Dairy
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July 15, 2014
10:00 EDTDANOYOn The Fly: Analyst Upgrade Summary
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05:25 EDTDANOYDanone upgraded to Overweight from Equal Weight at Morgan Stanley
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