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Montreal-based CAE to buy Lockheed Martin's commercial flight training unit
2016-02-22 17:06:10| Industrial Machines - Topix.net
The Montreal-based company didn't say what it expects to pay for Lockheed Martin Commercial Flight Training under a conditional agreement announced Monday. It also has training centres in 35 countries that are either directly owned by CAE or in partnership with other firms.
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Verizon to buy XO fibre network business for USD 1.8 bln
2016-02-22 15:49:00| Telecompaper Headlines
(Telecompaper) Verizon has agreed to buy XO Communications' fibre-optic network business for USD 1.8 billion. The deal gives Verizon access to XO's fibre-based IP and Ethernet networks to serve business and wholesale customers as well as boost backhaul for its mobile network. In addition, Verizon will lease XO's wireless spectrum, with an option to buy that spectrum by the end of 2018. Pending regulatory approval, the companies expect to close the deal in the first half of 2017. XO was saved from bankruptcy by Carl Icahn in 2003, and he is the sole shareholder of the parent company XO Holdings. Icahn said in a statement that while the sale to Verizon "does not represent a significant annualized return" on the investment in XO, "in today's environment it does represent the best achievable outcome for the company's customers, employees and owner".
Tags: business
buy
network
usd
Vetr Inc. Lowers United Natural Foods, Inc. (UNFI) to Buy
2016-02-22 11:31:43| Grocery - Topix.net
They currently have a $41.36 price objective on the stock. Vetr 's target price points to a potential upside of 11.51% from the stock's current price.
Vetr Inc. Lowers United Natural Foods, Inc. (UNFI) to Buy
2016-02-22 08:50:28| Food - Topix.net
They currently have a $41.36 price objective on the stock. Vetr 's target price points to a potential upside of 11.51% from the stock's current price.
Oxford Industries Inc (OXM) Earns Buy Rating from B. Riley
2016-02-22 04:12:04| Apparel - Topix.net
's stock had its "buy" rating reissued by equities research analysts at B. Riley in a research report issued on Sunday, ARN reports. They currently have a $82.00 target price on the stock.
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