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Wall Street's M&A Chatter From Nov. 20: Marvell Technology, Aetna, Bloomin' Brands, AT&T
Tuesday, November 21, 2017 - 1:53pm | 649The following are the M&A deals, rumors and chatter circulating on Wall Street for Monday, Nov. 20, 2017: Marvell Technology to Acquire Cavium for $6B The Deal: Marvell Technology Group Ltd. (NASDAQ: MRVL) and Cavium, Inc. (NASDAQ: CAVM) announced an agreement Monday under which Marvell...
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The Best Outback Steakhouse Satanic Cult Tweets
Thursday, August 3, 2017 - 10:01am | 834Bloomin' Brands Inc (NASDAQ: BLMN)-owned Outback Steakhouse has put on PR clinic on how to respond to bizarre allegations that stem from social media, after firing back at Twitter Inc (NYSE: TWTR) speculation that the steakhouse was actually a conspiring satanic cult. Outback didn’t...
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Markets Gather Some Momentum As Volume Remains Light, Geopolitical Tension Improving
Thursday, August 14, 2014 - 4:37pm | 2822U.S. stocks rose to close the day with moderate gains despite a larger than expected increase in jobless claims. “The end of 2015 Q1 is still my preferred liftoff date,” St. Louis Fed President Jim Bullard told The Wall Street Journal. The end of the first quarter is ahead of the...
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Markets Little Changed As Ukraine Uncertainty And Fears Persist
Wednesday, August 6, 2014 - 4:58pm | 3178U.S. stocks were little changed as uncertainty in Ukraine remains with comments out of Poland's government suggesting that the likelihood of a Russian invasion of Ukraine has increased over the past day. NATO's deputy secretary general shared similar sentiments and stated that Russia...
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Jefferies On Bloomin' Brands: No Sizzle To Be Found Here
Wednesday, August 6, 2014 - 1:20pm | 321Bloomin' Brands (NASDAQ: BLMN) reported a weak second quarter results and soft guidance on Tuesday. As a result, Andy Barish of Jefferies downgraded shares fro Buy to Hold with a price target reduced from $26 to $18 as the company may have run out “sizzle” to sell to investors...
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Ukraine Tension Prominent As Dow Suffers Triple Digit Loss; S&P 500 & NASDAQ Also Lower
Tuesday, August 5, 2014 - 4:46pm | 3092U.S. stocks declined and erased Monday's gains following reports that Russian troops were lining on the borders of Ukraine and preparing for an invasion, according to comments made by Poland's Foreign Minister. “Unfortunately, Russia has restored its combat readiness on the...