New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
July 28, 2014
08:12 EDTHSP, DANOYHospira to obtain financial benefits from possible Danone deal, says Wells Fargo
After multiple media sources reported that Hospira (HSP) is in talks to buy Danone's (DANOY) medical nutrition business in a potential tax inversion deal, Wells Fargo estimates that the deal could be 9%-12% accretive to Hospira's EPS in 2015-2017 if it's an all-stock deal and 20%-22% accretive if it's a 50%/50% cash and stock deal. The firm The firm estimates that Hospira's tax bill would be cut to 21% in 2015 and 19% afterwards, from its current forecast of 24%-26% during those years. The firm thinks the strategic rationale for the deal from Hospira's perspective, however, is less clear. It keeps a Market Perform rating on the stock.
News For HSP;DANOY From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
September 29, 2014
07:26 EDTHSPInforma Business Information to hold a conference
Subscribe for More Information
07:19 EDTHSPUBS to hold a field trip
Subscribe for More Information
September 25, 2014
10:06 EDTDANOYOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
05:19 EDTDANOYDanone downgraded to Underweight from Neutral at JPMorgan
Subscribe for More Information
September 23, 2014
07:54 EDTHSPLeerink to hold a conference
Subscribe for More Information
September 22, 2014
11:24 EDTHSPHospira, Orion amend settlement agreement over Precedex
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use