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Wall Street Breakfast: FedEx To Buy TNT Express For a 4.4B

2015-04-07 16:50:52| Trucking - Topix.net

Economy Eurozone business activity powered ahead in March, with services PMI rising to 54.2 from 53.7 in February, while the composite figure increased to an 11-month high of 54 from 53.3. "Ireland and Spain continued to lead the charge, backed up by a fast-improving German economy," says Markit, but "rates of expansion in Italy and France were modest in comparison." The PMIs indicate Q1 GDP growth of 0.3%, although the "expansion looks set to gather pace."

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The Wall Street Journal: United Technologies names new president of Sikorsky

2015-04-02 17:21:57| Paper - Topix.net

United Technologies Corp. on Thursday said it named company veteran Robert Leduc president of Sikorsky Aircraft, as it continues to explore strategic alternatives for the helicopter company. Leduc succeeds Mick Maurer, who assumes the newly created post of senior vice president of strategic projects.

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The Wall Street Journal: United Technologies names new president of Sikorsky

2015-04-02 16:43:28| Industrial Machines - Topix.net

United Technologies Corp. on Thursday said it named company veteran Robert Leduc president of Sikorsky Aircraft, as it continues to explore strategic alternatives for the helicopter company. Leduc succeeds Mick Maurer, who assumes the newly created post of senior vice president of strategic projects.

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The Wall Street Journal: Perry Ellis widens loss on West Coast port problems

2015-04-02 14:48:34| Apparel - Topix.net

Perry Ellis International Inc. widened its loss in the January quarter due to currency pressures and the West Coast port labor dispute. The labor dispute--which affected shipments for many other retailers--has now been resolved, but the company warned it would have an impact on shipments through the first quarter.

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Under Armour: Wall Street Firms Explain Why It's Best To Avoid The Stock

2015-04-01 19:05:28| Footwear - Topix.net

Two Wall Street firms issued higher price targets on Under Armour during the last week, FBR and Deutsche Bank at $90 and $88, respectively. Like previous firms, most upside stock talk seems aimed directly at Under Armour's opportunity in the basketball shoe arena.

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