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Stock Market & Financial Investment News

News Breaks
June 17, 2014
01:55 EDTLUX, LUX, LUX, TUP, TUP, TUP, CL, CL, CL, CCH, CCH, CCH, CHD, CHD, CHD, PG, PG, PG, UN, UN, UN, UL, UL, UL, HEINY, HEINY, HEINY, MJN, MJN, MJN, IFF, IFF, IFF, CCE, CCE, CCE, JAH, JAH, JAHDeutsche Bank to hold a conference
dbAccess 11th Annual Global Consumer Conference to be held in Paris, France on June 17-19.
News For LUX;CCE;IFF;MJN;HEINY;UL;UN;PG;CHD;CCH;CL;TUP;JAH From The Last 14 Days
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October 21, 2014
11:15 EDTTUPHigh option volume stocks
High option volume stocks: DBA TUP CRI FCG TWC PLL ACM XRS RAI AMTD
October 20, 2014
16:20 EDTMJNOn The Fly: Closing Wrap
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12:37 EDTMJNOn The Fly: Midday Wrap
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10:14 EDTMJNMead Johnson volatility elevated, Danone not carrying out a review for takeover
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09:22 EDTMJNOn The Fly: Pre-market Movers
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06:07 EDTMJNMead Johnson downgraded to Hold from Buy at Deutsche Bank
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06:00 EDTMJNDanone acquisition of Mead would not be well received, says Bernstein
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October 19, 2014
13:21 EDTMJNDanone says not carrying out review on Mead Johnson takeover, Reuters says
In response to reports on Friday that French food company Danone (DANOY) was pursuing a takeover of pediatric nutrition company Mead Johnson (MJN), Danone made a statement on Sunday saying that it was not carrying out a review of a Mead Johnson takeover, says Reuters. Reference Link
October 17, 2014
16:17 EDTMJNOn The Fly: Closing Wrap
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12:57 EDTMJNDanone to pursue takeover of Mead Johnson, sources say, Reuters reports
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12:48 EDTMJNMead Johnson calls active on Danone will pursue takeover report
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12:36 EDTMJNDanone will pursue Mead Johnson takeover, sources say, Reuters reports
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October 16, 2014
15:10 EDTPGAmerican College of Gastroenterology to hold annual meeting
ACG Annual Scientific Meeting 2014 to be held in Philadlephia, PA on October 17-22.
October 15, 2014
10:02 EDTHEINYOn The Fly: Analyst Upgrade Summary
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October 14, 2014
17:07 EDTHEINYHeineken upgraded to Buy from Neutral at Goldman
10:08 EDTPGProcter & Gamble: There is no doubt we are in a stretch of global volatility
The company said there is a high amount of volatility both politically and economically. The company said it is "trying its best" and that they're "on it."
09:26 EDTPGProcter & Gamble sees significant savings opportunities
The company plans to create a new P&G over the next 18-24 months that will consist of 70-80 brands organized in a dozen businesses. The company plans to reduce waste, and to have a North Aerican supply chain redesign that will see fewer, multi-category plants and more common manufacturing platforms. Comments taken from P&G Annual Meeting of Shareholders.
October 13, 2014
17:53 EDTLUXLuxottica accepts Cavatorta resignation, Del Vecchio to be interim CEO
Luxottica Group announced that the board of directors accepted the resignation of Enrico Cavatorta from the board following disagreements on the current governance structure. Roger Abravanel resigns from the board of directors for the same reasons. The Chairman Leonardo Del Vecchio takes on the executive responsibilities ad interim while the co-CEO of Markets selection process is being finalized, based on a high profile list of candidates. The appointment of Massimo Vian as co-CEO of Operations and Product will take place together with the appointment of the co-CEO of Markets. The board acknowledged the Group performance of the third quarter, which shows a strong free cash flow generation, sales growth in line with the first half of the year at constant exchange rates and an expected increase in net income of approximately 10%. Reference Link
05:30 EDTLUXLuxottica downgraded to Neutral from Buy at Citigroup
October 12, 2014
17:47 EDTLUXLuxottica CEO Enrico Cavatorta intends to submit resignation
Luxottica announces that a meeting of the Board of Directors has been called for tomorrow, Monday 13th October, following the intention expressed by Enrico Cavatorta to submit to the Board his resignation as CEO of the company. The Chairman will propose that the Board appoint Massimo Vian, current COO, with the mandate of co-CEO for Operations and Product, and to entrust him on an interim basis with responsibility for Corporate Functions and Markets. If approved, all business functions and related responsibilities will consequently be under the exclusive responsibility of the two co-CEOs. The company also confirms that the search process for a co-CEO for Markets is progressing, based on a high profile list of candidates. In light of the solid results achieved also in the third quarter, Luxottica is in a position to take the necessary time to execute this search, in order to ensure that the best decision is made for the company. Reference Link
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