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United Natural Foods (UNFI) Stock Price Target Lowered at BMO Capital

2015-06-10 19:33:03| Grocery - Topix.net

On Monday, the North American organic food distributor reported net income of $41.8 million, or 78 cents per diluted share, on revenue of $2.11 billion. Analysts on average were expecting the company to report earnings of 86 cents per share on revenue of $2.14 billion.

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United Technologies (UTX) Stock Gains on Potential Sikorsky Sale

2015-06-10 19:02:50| Industrial Machines - Topix.net

The company is looking to either sell the business to Textron , which expressed interest in buying the business earlier this month, or spin it off, according to Reuters sources. The Textron sale would be facilitated through a Reverse Morris Trust, a transaction that would allow United Technologies to avoid paying taxes on the sale.

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Cypress Semiconductor (CY) Stock Gains on Merger Agreement With Integrated Silicon

2015-06-10 18:49:25| Semiconductors - Topix.net

Cypress will acquire ISSI for $20.25 a share in cash. Cypress said it will "use its reasonable best efforts" to obtain approval for the merger, including full divesting all of ISSI's SRAM approval.

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United Technologies (UTX) Stock Gains on Potential Sikorsky Sale

2015-06-10 18:22:56| Paper - Topix.net

The company is looking to either sell the business to Textron , which expressed interest in buying the business earlier this month, or spin it off, according to Reuters sources. The Textron sale would be facilitated through a Reverse Morris Trust, a transaction that would allow United Technologies to avoid paying taxes on the sale.

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Landstar System Director Acquires $267,040.00 in Stock

2015-06-10 17:25:08| Trucking - Topix.net

Landstar System Director Anthony J. Orlando bought 4,000 shares of the company's stock on the open market in a transaction that occurred on Monday, June 8th. The shares were purchased at an average price of $66.76 per share, for a total transaction of $267,040.00.

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