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Stock Market & Financial Investment News

News Breaks
May 12, 2014
08:36 EDTPF, HSH, BXHillshire Brands sees Pinnacle Foods deal closing in September
Says Blackstone (BX) has agreed to vote its shares in favor of the transaction. The company will retain the Hillshire Brands (HSH) name. Sees deal immediately accretive to EPS, 15%+ accretive in year 3. Sees $140M in cost synergies by end of year 3, primarily derived from supply chain enhancements and consolidation of overhead expenses. Sees approximately $180M in estimated costs to achieve synergies. Says integration teams from both organizations "ready to go," will implement plans to achieve synergies and facilitate a smooth integration after closing. Says focused on de-levering to return to investment grade. Says overall top priority to support continued organic growth. Comments from slides that will be presented on the conference call discussing the acquisition of Pinnacle Foods (PF).
News For HSH;PF;BX From The Last 14 Days
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May 22, 2015
09:58 EDTBXOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Allison Transmission (ALSN) initiated with a Buy at Stifel... Avago (AVGO) initiated with a Buy at Mizuho... Blackstone (BX) initiated with a Positive at Susquehanna... Cellectis (CLLS) initiated with an Outperform at Oppenheimer... Cypress Semiconductor (CY) initiated with a Buy at Mizuho... Esperion (ESPR) initiated with a Sell at Chardan... H&R Block (HRB) initiated with an Overweight at Piper Jaffray... Horizon Pharma (HZNP) initiated with an Outperform at Leerink... M/A-COM (MTSI) initiated with a Buy at Goldman... Meritor (MTOR) initiated with a Hold at Stifel... Micron (MU) initiated with a Buy at Mizuho... Monster Worldwide (MWW) initiated with a Neutral at Piper Jaffray... NXP Semiconductors (NXPI) initiated with a Buy at Mizuho... National Storage (NSA) initiated with a Sector Weight at KeyBanc... ON Semiconductor (ON) initiated with a Buy at Mizuho... Qorvo (QRVO) initiated with a Buy at Goldman... SanDisk (SNDK) initiated with a Neutral at Mizuho... Sharps Compliance (SMED) initiated with a Buy at Stifel... Skyworks (SWKS) initiated with a Buy at Mizuho... StemCells (STEM) initiated with a Buy at Cantor... Synaptics (SYNA) initiated with a Buy at Mizuho... Synergy Pharmaceuticals (SGYP) initiated with a Buy at Canaccord... Texas Instruments (TXN) initiated with a Neutral at Mizuho... TriNet (TNET) initiated with a Neutral at Piper Jaffray... Vascular Biogenics (VBLT) initiated with a Buy at Roth Capital... Verifone (PAY) initiated with an Outperform at Imperial Capital... uniQure (QURE) initiated with an Outperform at Oppenheimer.
07:02 EDTBXBlackstone initiated with a Positive at Susquehanna
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May 20, 2015
08:51 EDTBXBlackstone to sell 25% stake in Eircom to Anchorage Capital, Reuters says
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May 15, 2015
06:55 EDTBXBlackstone takes minority stake in Magnetar Capital, WSJ reports
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May 13, 2015
10:07 EDTPFHigh option volume stocks
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06:04 EDTBXBlackstone in discussions to buy Mega from Alon Group, Globes reports
Blackstone is in discussions to buy Mega, an Israeli supermarket retail chain, from Alon Group, Globes reports, citing sources. Blackstone has no current investments in Israel, the publication notes, adding that it is possible that Blackstone will partner with instead of buying Mega. Reference Link
May 12, 2015
10:54 EDTBXBlackstone acquires three shopping centers in Spain, Portugal
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