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Stock Market & Financial Investment News

News Breaks
February 19, 2013
11:55 EDTRIGL, ODP, TMO, PPHM, FEHigh option volume stocks: FE TMO RIGL PPHM ODP
News For FE;TMO;RIGL;PPHM;ODP From The Last 14 Days
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February 12, 2016
16:58 EDTODPOffice Depot reduces board to ten directors
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February 10, 2016
06:17 EDTODPStaples receives approval from European Union to acquire Office Depot
Staples (SPLS) has received approval from the European Union to acquire Office Depot (ODP). The acquisition has been approved in Australia, New Zealand, China, and Europe. The European Commission approved the acquisition on the condition that Staples divest Office Depot's European contract business and all of Office Depot's operations in Sweden. Staples will meet these requirements, and the parties have decided that they will also divest Office Depot's retail, online and catalog operations in Europe in connection with closing the transaction. The merger is the subject of ongoing litigation with the U.S. Federal Trade Commission as well as the Canadian Competition Bureau. The companies recently announced the completion of financing arrangements and the extension of their merger agreement from February 4 to May 16.
February 7, 2016
20:36 EDTTMOOn The Fly: Top five weekend stock stories
Catch up on the weekend's top five stories with this list compiled by The Fly: 1. Ford (F) plans to build a new assembly plant in Mexico and expand its existing factory near Mexico City, sharply increasing production capacity in the country as it looks to focus its U.S. efforts on trucks and SUVs, the Wall Street Journal reported. 2. GoPro (GPRO) and Microsoft (MSFT) signed a patent licensing agreement late Friday, lifting shares of the action camera maker in after-hours trading. 3. Media reports indicate Twitter (TWTR) could be rethinking its news feed, potentially ordering posts based on popularity rather than chronological date. 4. Apollo Education (APOL) received a second investigative subpoena from California's attorney general related to the marketing, recruiting, accreditation, and other aspects of its for-profit schools. 5. Celgene (CELG), Gilead (GILD), Thermo Fisher (TMO) and Vantiv (VNTV) were mentioned positively by Barron's this weekend, while Church & Dwight (CHD) was called overvalued and GoPro was identified as a possible takeover target by Under Armour (UA) or Sony (SNE).
13:02 EDTTMOThermo Fisher could rise 25% or more in next year, Barron's says
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February 2, 2016
16:02 EDTODPStaples, Office Depot finalize merger agreement extension
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08:33 EDTFECRA says auction process to be conducted for FirstEnergy Penn utilities
CRA International (CRAI) announced that an auction process will be conducted for FirstEnergy Corp.'s (FE) Pennsylvania utilities - Metropolitan Edison Company, Pennsylvania Electric Company, Pennsylvania Power Company and West Penn Power Company - to procure full requirements Default Supply generation service for their Default Service Customers. The auction process will lead up to the auction that is scheduled for April 11, 2016. The bidding process will use a descending-price clock auction format. The auction will be managed by Independent Evaluator and Auction Manager CRA International, Inc. The auction is being conducted pursuant to FirstEnergy's Pennsylvania Default Service Program as approved by the Pennsylvania Public Utility Commission. This is the seventh auction in the series of DSP-III auctions that began in October 2014.
08:32 EDTFEFirstEnergy produced over 88.9M MW hours of electricity
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