Breaking News

Friday
Show Full Stories

X

To view all stories in expanded form, please subscribe.
Send Info
Periodicals
eBay moving toward sale of classifieds unit, which could be worth $10B, WSJ says » 13:06
02/21/20
02/21
13:06
02/21/20
13:06
EBAY

eBay

$37.53 /

-0.15 (-0.40%)

, NPSNY

Naspers

$0.00 /

+ (+0.00%)

, BX

Blackstone

$61.42 /

-1.01 (-1.62%)

eBay (EBAY) is working…

eBay (EBAY) is working toward a potential sale of its classified-ads unit, which could be worth about $10B, the Wall Street Journal's Cara Lombardo, Corrie Driebusch, and Miriam Gottfried report, citing people familiar with the matter. Private equity firms including TPG and Blackstone (BX) and strategic bidders including Naspers (NPSNY) and Axel Springer have recently shown interest in the unit, and eBay has also begun to reach out to other potential suitors, the authors say. Indications of interest for the business are due next month, the authors note. Shares of eBay rose 2.7% after the news. Reference Link

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Conference/Events
Consumer Analyst Group of New York to hold a conference » 04:55
02/21/20
02/21
04:55
02/21/20
04:55
CAG

Conagra Brands

$29.88 /

+0.1 (+0.34%)

, CG

Carlyle Group

$31.35 /

-0.42 (-1.32%)

, CHD

Church & Dwight

$76.34 /

+0.56 (+0.74%)

, FRPT

Freshpet

$76.42 /

-0.09 (-0.12%)

, GIS

General Mills

$54.13 /

+0.88 (+1.65%)

, HLF

Herbalife Nutrition

$37.84 /

-0.75 (-1.94%)

, IFF

IFF

$132.75 /

-1.54 (-1.15%)

, IMBBY

Imperial Brands

$0.00 /

+ (+0.00%)

, INGR

Ingredion

$94.74 /

+0.175 (+0.19%)

, K

Kellogg

$65.67 /

-0.64 (-0.97%)

, KO

Coca-Cola

$59.68 /

-0.1 (-0.17%)

, KRYAY

Kerry Group

$0.00 /

+ (+0.00%)

, MDLZ

Mondelez

$59.05 /

-0.26 (-0.44%)

, MKC

McCormick

$163.81 /

-0.13 (-0.08%)

, MO

Altria Group

$45.54 /

+0.4 (+0.89%)

, NOMD

Nomad Foods

$20.02 /

+0.065 (+0.33%)

, NSRGY

Nestle

$0.00 /

+ (+0.00%)

, NWL

Newell Brands

$19.91 /

+0.02 (+0.10%)

, PEP

PepsiCo

$145.16 /

-0.38 (-0.26%)

, PFGC

Performance Food Group

$53.06 /

+0.02 (+0.04%)

, PG

Procter & Gamble

$126.60 /

+1.14 (+0.91%)

, SJM

J.M. Smucker

$110.51 /

-0.2 (-0.18%)

, SPB

Spectrum Brands

$60.32 /

+1.59 (+2.71%)

, SYY

Sysco

$76.72 /

+0.51 (+0.67%)

, THS

TreeHouse

$44.96 /

+0.16 (+0.36%)

, TSN

Tyson Foods

$78.83 /

+0.985 (+1.27%)

, UL

Unilever

$59.63 /

+0.5634 (+0.95%)

, UN

Unilever

$58.56 /

+0.2934 (+0.50%)

, VVV

Valvoline

$22.42 /

+0.28 (+1.26%)

CAGNY Conference 2020…

CAGNY Conference 2020 will be held in Boca Raton, FL on February 17-21.

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Thursday
Hot Stocks
Kronos, Ultimate Software announce merger to create company valued at $22B » 11:21
02/20/20
02/20
11:21
02/20/20
11:21
BX

Blackstone

$62.58 /

-0.215 (-0.34%)

, KRON

Kronos Inc

$0.00 /

+ (+0.00%)

Kronos Incorporated…

Kronos Incorporated (KRON) and Ultimate Software announced that they have entered into a definitive merger agreement to form one of the world's largest cloud companies. By bringing together two industry leaders, the transaction will create the world's most innovative human capital management and workforce management company to help organizations across all industries manage their people more effectively with an unparalleled combination of cloud solutions, the companies said in a statement. Upon closing, the combined company will have revenues of approximately $3B, more than 12,000 employees worldwide, and an enterprise value of $22 B, with further plans for growth including the addition of 3,000 employees over the next three years. Aron Ain, longtime Kronos CEO, will be the CEO and Chairman of the combined company. Hellman & Friedman LLC, the controlling shareholder of both Kronos and Ultimate, will be the controlling shareholder of the newly formed company. Following H&F, private equity funds managed by Blackstone (BX) will be the largest minority investor, followed by GIC, Canada Pension Plan Investment Board, and JMI Equity. The all-stock merger has been unanimously approved by the boards of directors of both companies and is expected to close at the end of March.

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Hot Stocks
Kronos, Ultimate Software announce merger to create company valued at $22B  11:20
02/20/20
02/20
11:20
02/20/20
11:20
BX

Blackstone

$62.60 /

-0.195 (-0.31%)

, KRON

Kronos Inc

$0.00 /

+ (+0.00%)

 
ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Periodicals
Ultimate Software and Kronos to merge in all-stock deal, WSJ reports » 10:37
02/20/20
02/20
10:37
02/20/20
10:37
BX

Blackstone

$62.98 /

+0.185 (+0.29%)

Ultimate Software and…

Ultimate Software and Kronos plan to merge in an all-stock deal that would create a company worth around $22B including debt, Cara Lombardo and Miriam Gottfried of Wall Street Journal report, citing people familiar with the matter. Hellman & Friedman, which controls both companies, would remain the controlling shareholder, while Blackstone Group (BX), which owns stakes in both, would be the largest minority investor in the combined company, Lombardo and Gottfried add. Reference Link

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Conference/Events
Consumer Analyst Group of New York to hold a conference » 04:55
02/20/20
02/20
04:55
02/20/20
04:55
CAG

Conagra Brands

$29.78 /

-0.89 (-2.90%)

, CG

Carlyle Group

$31.77 /

-0.24 (-0.75%)

, CHD

Church & Dwight

$75.78 /

-0.35 (-0.46%)

, FRPT

Freshpet

$76.51 /

+2.06 (+2.77%)

, GIS

General Mills

$53.25 /

-0.29 (-0.54%)

, HLF

Herbalife Nutrition

$38.59 /

-0.36 (-0.92%)

, IFF

IFF

$134.29 /

-0.53 (-0.39%)

, IMBBY

Imperial Brands

$0.00 /

+ (+0.00%)

, INGR

Ingredion

$94.57 /

-1.845 (-1.91%)

, K

Kellogg

$66.31 /

-0.83 (-1.24%)

, KO

Coca-Cola

$59.78 /

+0.25 (+0.42%)

, KRYAY

Kerry Group

$0.00 /

+ (+0.00%)

, MDLZ

Mondelez

$59.31 /

-0.34 (-0.57%)

, MKC

McCormick

$163.94 /

-0.97 (-0.59%)

, MO

Altria Group

$45.14 /

-0.09 (-0.20%)

, NOMD

Nomad Foods

$19.95 /

-0.16 (-0.80%)

, NSRGY

Nestle

$0.00 /

+ (+0.00%)

, NWL

Newell Brands

$19.89 /

-0.13 (-0.65%)

, PEP

PepsiCo

$145.54 /

-0.02 (-0.01%)

, PFGC

Performance Food Group

$53.04 /

-0.08 (-0.15%)

, PG

Procter & Gamble

$125.46 /

+0.57 (+0.46%)

, SJM

J.M. Smucker

$110.71 /

+1.455 (+1.33%)

, SPB

Spectrum Brands

$58.73 /

-1.24 (-2.07%)

, SYY

Sysco

$76.21 /

-0.61 (-0.79%)

, THS

TreeHouse

$44.80 /

-0.13 (-0.29%)

, TSN

Tyson Foods

$77.85 /

-2.285 (-2.85%)

, UL

Unilever

$59.97 /

-0.6 (-0.99%)

, UN

Unilever

$59.17 /

-0.46 (-0.77%)

, VVV

Valvoline

$22.14 /

+0.09 (+0.41%)

CAGNY Conference 2020…

CAGNY Conference 2020 will be held in Boca Raton, FL on February 17-21.

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Wednesday
Recommendations
Athene Holding price target raised to $60 from $55 at RBC Capital » 07:22
02/19/20
02/19
07:22
02/19/20
07:22
ATH

Athene Holding

$49.99 /

+1.8 (+3.74%)

, APO

Apollo Global

$45.67 /

-0.055 (-0.12%)

RBC Capital analyst Mark…

RBC Capital analyst Mark Dwelle raised his price target on Athene Holding (ATH) to $60 and kept his Outperform rating after its "solid" Q4 results. The analyst notes that while retail flows were still "decidedly soft" amid low interest rates, he expects the company to resume buybacks "anytime". Dwelle adds that the Apollo (APO) restructuring transaction should add more clarity to Athene and see its stock potentially added to indices.

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Recommendations
Athene Holding price target raised to $61 from $52 at SunTrust » 07:18
02/19/20
02/19
07:18
02/19/20
07:18
ATH

Athene Holding

$49.99 /

+1.8 (+3.74%)

, APO

Apollo Global

$45.67 /

-0.055 (-0.12%)

SunTrust analyst Mark…

SunTrust analyst Mark Hughes raised his price target on Athene Holding (ATH) to $61 and kept his Buy rating after its Q4 earnings beat, while also boosting his FY20 EPS view by 10c to $7.55 to reflect his outlook for moderate asset growth, healthy investment spreads, and share repurchases. The analyst remains positive on the company's high quality investment portfolio given its relationship with Apollo Global Managemement (APO) and its potential opportunities such as Funding Agreement Backed Notes or M&A.

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Conference/Events
Consumer Analyst Group of New York to hold a conference » 04:55
02/19/20
02/19
04:55
02/19/20
04:55
CAG

Conagra Brands

$30.67 /

-2.01 (-6.15%)

, CG

Carlyle Group

$32.01 /

-0.09 (-0.28%)

, CHD

Church & Dwight

$76.13 /

-0.3 (-0.39%)

, FRPT

Freshpet

$74.45 /

+2.11 (+2.92%)

, GIS

General Mills

$53.54 /

+0.24 (+0.45%)

, HLF

Herbalife Nutrition

$38.95 /

-0.71 (-1.79%)

, IFF

IFF

$134.82 /

-1 (-0.74%)

, IMBBY

Imperial Brands

$0.00 /

+ (+0.00%)

, INGR

Ingredion

$96.41 /

-0.94 (-0.97%)

, K

Kellogg

$67.14 /

-0.56 (-0.83%)

, KO

Coca-Cola

$59.53 /

-0.41 (-0.68%)

, KRYAY

Kerry Group

$0.00 /

+ (+0.00%)

, MDLZ

Mondelez

$59.65 /

-0.02 (-0.03%)

, MKC

McCormick

$164.91 /

-1.93 (-1.16%)

, MO

Altria Group

$45.23 /

+0.06 (+0.13%)

, NOMD

Nomad Foods

$20.11 /

+0.025 (+0.12%)

, NSRGY

Nestle

$0.00 /

+ (+0.00%)

, NWL

Newell Brands

$20.02 /

-0.08 (-0.40%)

, PEP

PepsiCo

$145.56 /

-1.41 (-0.96%)

, PFGC

Performance Food Group

$53.12 /

-0.31 (-0.58%)

, PG

Procter & Gamble

$124.89 /

-1.23 (-0.98%)

, SJM

J.M. Smucker

$109.26 /

-0.765 (-0.70%)

, SPB

Spectrum Brands

$59.97 /

-0.36 (-0.60%)

, SYY

Sysco

$76.82 /

-1.34 (-1.71%)

, THS

TreeHouse

$44.93 /

-0.83 (-1.81%)

, TSN

Tyson Foods

$80.13 /

-0.33 (-0.41%)

, UL

Unilever

$60.57 /

+0.17 (+0.28%)

, UN

Unilever

$59.63 /

-0.11 (-0.18%)

, VVV

Valvoline

$22.05 /

+0.17 (+0.78%)

CAGNY Conference 2020…

CAGNY Conference 2020 will be held in Boca Raton, FL on February 17-21.

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Tuesday
Hot Stocks
Ares Management raises quarterly dividend to 40c from 32c per share » 08:36
02/18/20
02/18
08:36
02/18/20
08:36
ARES

Ares Management

$40.00 /

-1.12 (-2.72%)

As part of its earnings…

As part of its earnings announcement last week, Ares Management raised its dividend to 40c per share payable on March 31, 2020 to its Class A common stockholders of record at the close of business on March 17, 2020.

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.