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Why did Mast-Jägermeister buy Sidney Frank Importing Co? - just The Answer

2015-08-10 14:30:00| Daily beverage news and comment - from just-drinks.com

Last week, Mast-Jägermeister, the German owner of the Jägermeister herbal liqueur, took control of its US distributor Sidney Frank Importing Co. Part of Mast-Jägermeister's new strategy to control distribution in its core markets, the acquisition was otherwise noteworthy because of the important role Sidney Frank has played in Jägermeister's global rise.With Jägermeister sales in the US under pressure, Mast-Jägermeister is looking to move away from its famous brand's reputation as a party shot and embrace the new craft spirits culture. But, as Mast-Jägermeister executive board member Michael Volke told just-drinks from New York last week, not completely away.

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Alibaba to buy stake in Suning

2015-08-10 12:56:28| BBC News | Business | UK Edition

Chinese online retail giant Alibaba says it will invest $4.6bn in electronics chain Suning, one of China's largest physical retailers, to integrate online and offline commerce.

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Computer Sciences Upgraded to Buy at Citigroup Inc.

2015-08-09 05:02:59| IT Services - Topix.net

The brokerage presently has a $77.00 price target on the stock, up from their prior price target of $73.00. Citigroup Inc.'s price target indicates a potential upside of 18.53% from the stock's current price.

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Berkshire Hathaway nearing deal to buy Precision Castparts: WSJ

2015-08-08 22:20:09| Industrial Machines - Topix.net

"Charlie and I favour repurchases when a its stock is selling at a material discount to the company's intrinsic business value," Berkshire Hathaway boss Warren Buffett says. "Charlie and I favour repurchases when a its stock is selling at a material discount to the company's intrinsic business value," Berkshire Hathaway boss Warren Buffett says.

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Berkshire Hathaway Nears Deal to Buy Precision Castparts

2015-08-08 22:20:07| Industrial Machines - Topix.net

Warren Buffett's Berkshire Hathaway Inc. is nearing a deal to buy Precision Castparts Corp., according to people familiar with the matter, in what could be the conglomerate's largest takeover ever.

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