Emerson Doubles Down on Automation: $3.5B Copeland Sale Fuels Strategy Shift
Emerson Electric to sell remaining stake in Copeland joint venture for $3.5 billion, plans to use proceeds to reduce debt and focus on automation market.
Rumors Of Green Thumb And Boston Beer Merger: What Investors Need to Know, Analyst Breaks It Down
Green Thumb Industries (OTC: GTBIF) has expressed interest in merging with Boston Beer (NYSE: SAM), according to a recent report by Pablo Zuanic of Zuanic & Associates. What strategic advantages does this merger offer?
Dolby Laboratories To Acquire GE Licensing In $429M Cash Deal: Strengthens Patent Portfolio
Dolby Laboratories is set to acquire GE Aerospace's GE Licensing, which holds over 5,000 patents in consumer digital media and electronics. This $429 million acquisition will enhance Dolby's patent portfolio, strengthening its position in video compression technology. The transaction, expected to close by fiscal year 2024, aims to boost operating margins and EPS in fiscal 2025.
Equinor Executes Offtake Agreement For Empire Wind 1: Details
Equinor has finalized an agreement with NYSERDA for renewable power from its Empire Wind 1 offshore wind project, further solidifying its progress towards powering 500,000 New York homes with renewable energy.
Why Is Hanesbrands Stock Gaining Premarket Wednesday?
Hanesbrands to sell Champion business for $1.2 billion, with potential to reach $1.5 billion. Proceeds to accelerate debt repayment.
Dollar Tree Evaluates Family Dollar’s Fate After Mixed Q1 Results; Stock Slides
Dollar Tree shares dipped after reporting Q1 FY24 earnings and initiated a review of strategic alternatives for its Family Dollar segment. Dollar Tree reaffirmed FY24 sales outlook but lowered EPS guidance.
Why Is Telephone And Data Systems Stock Surging Today?
TDS announced definitive deal to sell OneNeck IT Solutions and Data Center Holdings to US Signal. Expected to close in Q3 2024, provides additional capital for TDS Telecom's fiber program.
BD Bolsters Portfolio With $4.2B Cash Deal For Edwards Lifesciences’ Critical Care Group: Details
BD (Becton, Dickinson and Company) will acquire Edwards Lifesciences' Critical Care product group for $4.2 billion in cash. This acquisition enhances BD's portfolio with advanced AI-enabled monitoring technologies, aiming to improve patient outcomes in critical care settings. The transaction is expected to boost BD's financial performance, delivering immediate accretive benefits and long-term revenue growth.
Blackstone Weighs Sale Of Japanese Pharma Firm Alinamin: Report
Blackstone reportedly considers sale of Japanese consumer healthcare firm Alinamin Pharmaceutical (previously owned by Takeda) for $1.9B, attracting interest from other firms.
Titan International To Discuss With American Industrial Partners To Increase Its Ownership in Company In Open Market Purchases.
Titan International, Inc. (NYSE:TWI) ("Titan or the "Company"), a leading global manufacturer of off-highway wheels, tires, assemblies, and undercarriage products, today reported that its board of directors plans to