New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 21, 2013
11:49 EDTUIS, ODP, TAL, ZTS, BLLHigh option volume stocks: ZTS ODP BLL TAL UIS
News For ZTS;ODP;BLL;TAL;UIS From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
March 5, 2015
06:08 EDTUISUnisys wins IT services contract by the EC
Subscribe for More Information
March 4, 2015
09:37 EDTODPStarboard says combined Staples-Office Depot could be worth $32-$37 per share
Subscribe for More Information
07:10 EDTZTSCowen to hold a conference
35th Annual Health Care Conference is being held in Boston on March 2-4 with webcasted company presentations to begin on March 4 at 8 am; not all company presentations may be webcasted. Webcast Link
February 27, 2015
10:52 EDTODPOptions with increasing implied volatility
Options with increasing implied volatility: WBAI ARCP BHI TLM ODP
February 24, 2015
07:24 EDTUISUnisys files automatic mixed securities shelf
06:55 EDTODPOffice Depot sees $400M of cash merger integration expenses from 2014-2016
Subscribe for More Information
06:54 EDTODPOffice Depot expects to achieve synergy benefits of more than $750M by 2016-end
Subscribe for More Information
06:53 EDTODPOffice Depot sees FY15 sales to be lower than FY14, consensus $15.5B
Subscribe for More Information
06:52 EDTODPOffice Depot says acquisition by Staples to close by end of 2015
06:52 EDTODPOffice Depot reports Q4 N. American retail division sales $1.54B
Subscribe for More Information
06:51 EDTODPOffice Depot says 2015 operating priorities focus on synergies, efficiencies
Subscribe for More Information
06:51 EDTODPOffice Depot reports Q4 adjusted EPS 7c, consensus 4c
Reports Q4 revenue $3.83B, consensus $3.91B
February 23, 2015
17:31 EDTUISUnisys files automatic mixed securities shelf
Subscribe for More Information
February 19, 2015
12:45 EDTBLLOn The Fly: Midday Wrap
Subscribe for More Information
08:16 EDTZTSZoetis price target raised tio $54 from $50 at Argus
Subscribe for More Information
08:03 EDTUISUnisys subsidiary signs contract with Banco de Brasilia
Subscribe for More Information
08:01 EDTBLLBall Corp. to hold a conference call
Subscribe for More Information
05:49 EDTBLLBall's proposed acquisition of Rexam valued at $8.4B
Subscribe for More Information
05:47 EDTBLLBall Corp. confirms deal to acquire Rexam
The boards of Ball Corp. (BLL) and Rexam (REXMY) announced that they have reached agreement on the terms of a recommended offer for the entire issued and to be issued ordinary share capital of Rexam by Ball UK Acquisition Limited, a wholly-owned subsidiary of Ball. The Offer is to be effected by means of a court-sanctioned scheme of arrangement under Part 26 of the Companies Act. Under the terms of the Offer, Rexam Ordinary Shareholders will be entitled to receive for each Rexam Ordinary Share held 407 pence in cash and 0.04568 of a New Ball share. Ball will provide a Mix and Match Facility, which will allow Rexam Ordinary Shareholders to elect to vary, subject to the availability of offsetting elections, the proportions in which they receive New Ball Shares and cash. In addition, Rexam Ordinary Shareholders will be entitled to the 2014 Final Dividend of 11.9 pence announced by Rexam today, subject to shareholder approval, and to any other dividends declared or paid by Rexam in respect of any completed six-month period ended 30 June or 31 December between the date of this announcement and the date of the day before the Effective Date consistent with Rexam's past practice, provided that such dividends do not exceed the corresponding interim or final dividend paid or declared in respect of 2014. The combination is expected to be accretive to earnings per share within the first full year of completion and is in line with Ball's strategy to increase Economic Value Added dollars or returns greater than its weighted average cost of capital on its larger average invested capital base. The combination is expected to foster meaningful EVA dollar growth over the medium term. The Ball Board has approved the Offer and intends to recommend unanimously that Ball Shareholders vote in favour of the Offer. The receipt of competition authority clearances in the E.U. and U.S. is a Pre-Condition to the Offer. In addition, Ball and Rexam have agreed that the absence of a requirement to make material divestitures in the E.U. and the U.S. on a combined basis is a Condition of the Offer. It is expected that the Scheme Document will be posted to Rexam Shareholders shortly after the satisfaction or waiver of the Pre-Condition. The Offer is expected to complete in the first half of 2016.

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