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Stock Market & Financial Investment News

News Breaks
March 21, 2014
07:13 EDTNSRGY, DANOY, FMSNestle among groups looking at Danone's Medical Nutrition unit, Reuters says
Nestle (NSRGY) and Fresenius (FMS) are among the four groups that have shown interest in purchasing Danone's (DANOY) Medical Nutrition unit, according to Reuters, citing French daily newspaper Les Echos. Reference Link
News For NSRGY;DANOY;FMS From The Last 14 Days
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October 22, 2014
13:35 EDTFMSFresenius Medical acquires National Cardiovascular Partners
Fresenius Medical Care announced the acquisition of National Cardiovascular Partners, or NCP. The parties involved agreed not to disclose the financial terms of the acquisition. The company expects NCP to generate in excess of $200M in revenue in 2015 and expects the investment to be accretive to earnings in the first year after closing. The investment will be financed through available cash and committed credit facilities, supplemented by additional debt financing. NCP is the leading operator of endovascular, vascular and cardiovascular services in the comfort and convenience of the outpatient setting. In partnership with over 200 physicians, NCP operates 21 outpatient vascular centers in six states.
October 20, 2014
16:20 EDTDANOYOn The Fly: Closing Wrap
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12:37 EDTDANOYOn The Fly: Midday Wrap
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10:14 EDTDANOYMead Johnson volatility elevated, Danone not carrying out a review for takeover
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09:22 EDTDANOYOn The Fly: Pre-market Movers
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06:00 EDTDANOYDanone acquisition of Mead would not be well received, says Bernstein
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October 19, 2014
14:18 EDTDANOY, FMSFresenius, others explore bid for Danone medical nutrition unit, Reuters says
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13:21 EDTDANOYDanone 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 EDTDANOYOn The Fly: Closing Wrap
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12:57 EDTDANOYDanone to pursue takeover of Mead Johnson, sources say, Reuters reports
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12:36 EDTDANOYDanone will pursue Mead Johnson takeover, sources say, Reuters reports
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October 16, 2014
05:29 EDTNSRGYNestle reports FY outlook unchanged
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05:28 EDTNSRGYNestle reports 9 month sales of CHF 66.2B
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October 15, 2014
08:28 EDTDANOYDanone reports Q3 like-for-like sales up 6.9% to EU 5.42B
Danone confirmed its 2014 targets of sale growth between 4.5%-5.5%, trading operating margin stable within a range of down 20bps and up 20bps and free cash-flow of around EU 1.5B excluding exceptional items.
October 10, 2014
10:01 EDTFMSOn The Fly: Analyst Upgrade Summary
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06:09 EDTFMSFresenius Medical upgraded to Buy from Neutral at BofA/Merrill
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