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Constellation Soars on IPO Chatter and Earnings as Vice Stocks Rally

2016-04-06 21:05:29| Beverages - Topix.net

Shares of Constellation Brands climbed 5% by midday trading Wednesday, the latest among a series of big gains in so-called vice stocks. The Victor, N.Y.-based alcoholic-beverage producer, whose beer labels include Corona and Pacifico, delighted investors with a morning report of a quarterly earnings beat and talks an initial public offering of Constellation's Canadian wine businesses.

Tags: vice stocks earnings rally

 

's M&A Chatter for Tuesday March 29, 2016

2016-03-30 05:04:16| Agriculture - Topix.net

The Rumor : Staples is said to be close to winning its case against the Federal Trade Commission, which could clear the way for its acquisition of Office Depot , according to sources as reported by the Judge Emmet Sullivan, who is overseeing the FTC suit, said he will consider a motion from Staples' attorneys to dismiss the case when the agency concludes its arguments this week. A source told the Post that could mean the judge feels the FTC has failed to make its case.

Tags: march tuesday chatter

 
 

Dow Jones Industrial Average Today Down on Rate Hike Chatter

2016-03-25 08:58:38| Energy - Topix.net

The Dow Jones Industrial Average was poised to end a six-week winning streak as investors are forced to follow the statements of an indecisive central bank. Members of the U.S. Federal Reserve remain mixed on the timing of the next interest rate hike.

Tags: today rate average industrial

 

Cabelas' Investors Shrug Following More Sale Chatter

2016-03-25 04:41:12| Mobile Homes - Topix.net

Shares of Cabelas Inc have climbed about 4 percent after a New York Post report said the outdoor retailer has opened its financial books to rival Bass Pro Shops and other potential suitors. Cabelas was under pressure from activist investor Paul Singer's Elliott Management since October.

Tags: sale investors chatter shrug

 

Dow Jones Industrial Average Today Down on Rate Hike Chatter

2016-03-24 18:25:47| Chemicals - Topix.net

It's been one of our favorite - and most profitable - investment strategies since we launched Private Briefing nearly five years ago. The Dow Jones Industrial Average was poised to end a six-week winning streak as investors are forced to follow the statements of an indecisive central bank.

Tags: today rate average industrial

 

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