JAB Adds Panera Bread to Its Long List of Popular Consumer Brands
European investment firm JAB Holding acquires Panera Bread for more than $7 billion in an all-cash deal. JAB has been a serial acquirer of high-quality brands for the several years.
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Year: 2017
All Year: 2017 Articles
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ADP Forecasts Another Massive Jobs Month Ahead of Labor Department Report
After a strong payrolls report in February, ADP has forecast that the United States added more private sector payrolls in March than expected.
Okta Announces Potential Pricing for IPO
Okta intends to price 11 million shares at $15 to $17 apiece in an initial public offering valued up to around $215 million.
Top Analyst Upgrades and Downgrades: AstraZeneca, Hasbro, Roche, Peabody Energy, Suncor, Wynn and More
Wednesday’s top analyst upgrades, downgrades and initiations included AstraZeneca, Hasbro, Roche, Peabody Energy, Suncor and Wynn Resorts,
Apple’s iPhone 8 May Be Delayed: Report
The new iPhone 8 from Apple may face a delayed launch according to a report claiming manufacturing problems with the new device's curved screen.
Monsanto Posts Solid Win in Q2
When Monsanto reported its most recent earnings results, the company posted a big win on both the top and bottom lines.
Payless to Close 400 Stores, Files for Chapter 11
Privately held Payless ShoeSource has filed for Chapter 11 and announced that it will close 400 of its 4,400 stores.
Merrill Lynch Makes Huge Tech Stock Addition to US 1 Portfolio
In a recent research note, the analysts at Merrill Lynch made a big move by adding a top software company to the firm's well respected US 1 list of stocks to buy
Mortgage Loan Rates Show Little Movement While Applications Decline
New applications for mortgage loans declined last week and mortgage loan rates made small moves both up and down.
US Tornado Count Doubles, Heads Toward Record
Likely, when the final count is made, 2017 will pass 2008 as the year with the most tornadoes during the first quarter.
Tuesday’s Biggest Winners and Losers in the S&P 500
The S&P 500 closed relatively flat on the day, up 0.05% and 1.23 points to 2,360.08. Separately the DJIA closed up 0.19% on the day at 20,689.18, up approximately 38.97 points.
Seadrill, DryShips Plop Into Tuesday’s 52-Week Low Club
SeaDrill, DryShips, Rite Aid, and Valeant Pharma made new 52-week lows Tuesday.
Caterpillar, United Technologies Lead DJIA Higher Tuesday
Caterpillar, United Technologies, Boeing, and Apple sent the DJIA higher Tuesday.
Why Texas Instruments Is a Top Merrill Lynch Pick for Q2
Texas Instruments has done well, along with the broader market and semiconductor stock rally.
When Citi Downgraded Bank of America, Did It Downgrade Itself Too?
When major bank analysts at one bank downgrade the stock (or stocks) of competitors, it has long been considered by some investors that perhaps that analyst is indirectly downgrading its own bank.