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European stock exchanges agree to $30 billion merger
2016-03-16 17:22:47| Telecom - Topix.net
The London Stock Exchange and Germany's Deutsche Boerse say they are merging in an all-stock deal that will leave the German side with a majority in a company worth about $30 billion. The exchange operators are calling it a merger of equals that will accelerate their growth and offer customers more products and services - and said the deal is going ahead even if Britain votes to leave the European Union.
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Cabelas Inc (CAB) Stock Rating Reaffirmed by Credit Suisse
2016-03-16 13:51:26| Mobile Homes - Topix.net
's stock had its "neutral" rating reiterated by investment analysts at Credit Suisse in a research note issued to investors on Wednesday, Analyst Ratings Network.com reports. They currently have a $38.00 price target on the stock.
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Valeant Pharmaceuticals Stock: Buy On The Drop?
2016-03-16 13:40:49| Semiconductors - Topix.net
This article is my 18th installment in a segment called "Buy on the Drop?" where I choose a stock that recently experienced a large decrease in price and give a recommendation on whether investors should "Buy on the Drop" or not. This is a recurring segment, so if you enjoy the article, "Follow" me to see more.
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Insider Selling: Sonoco Products Company (SON) VP Sells 1,283 Shares of Stock
2016-03-16 05:25:51| Paper - Topix.net
Sonoco Products Company VP Roger P. Schrum sold 1,283 shares of Sonoco Products Company stock in a transaction dated Friday, March 11th. The shares were sold at an average price of $45.53, for a total value of $58,414.99.
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Valeant stock suffers worst-ever day as activist Bill Ackman pledges proactive role
2016-03-16 03:53:00| Biotech - Topix.net
Activist investor Bill Ackman said Tuesday his Pershing Square Holdings Ltd. hedge fund would take a "much more proactive role" in protecting its losing investment in Valeant Pharmaceuticals International Inc., after a grim outlook and fears of a possible default sent that stock sharply lower. closed down 51% at $33.51, marking their worst-ever one-day performance, after the company slashed earnings and sales guidance and said it may breach loan covenants if it fails to produce an already delayed annual report by April.
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