logo

Quick Facts

Share SHARE

Vislink Plc (VLK.L) Monday announced an agreement to revise the specific terms of the Proposed Disposal. The headline consideration will remain at $16million and the initial consideration amounts will be $6.5 million of cash. The Company confirmed that the funds are in transit, and confirmation...

Alliance Trust Plc. (ATST.L) Monday announced that the company has purchased 917,090 ordinary shares of 2.5p each at a price of 657.0209p per share. The total number of voting rights in the company is now 486,612,908. The company separately noted that Alliance Trust proposed Willis Towers Watson or...

Andersons, Inc. (ANDE) said it plans to exit the retail business and close its remaining four retail stores in the second quarter of 2017. The retail closings will have no impact on the company's grain, ethanol, plant nutrient and rail operations. The closing will eliminate approximately 650 positions...

GameStop Corp. (GME) said it has reserved all of its first allotment of Nintendo Switch systems. On Friday, the retailer began taking reservations for the Nintendo Switch online and in its more than 3,900 stores nationwide. The $299.99 Nintendo Switch will ship and be available for pick-up on its...

Japanese consumer electronics maker Sony Corp. (SON.L, SNE) announced that Michael Lynton will step down as Corporate Executive Officer of Sony Corp. and CEO of Sony Entertainment in charge of its Pictures and Music businesses effective as of February 2. He plans to join Snap Inc. as Chairman of the...

Quinpario Acquisition Corp. 2 (QPAC, QPACW, QPACU), a special purpose acquisition company, announced late Friday that it entered into a non-binding letter of intent to acquire and combine two privately owned companies. The proposed transaction is valued at a total enterprise value of approximately $2.7...

BAE Systems (BA) Friday said it received a $542 million contract from the U.S. Department of Defense to provide 145 M777 ultra-lightweight howitzers to the Indian Army through a Foreign Military Sale between the U.S. and Indian governments. Deliveries are scheduled to begin in June 2017. Joe Senftle,...

GameStop Corp. (GME) reported Friday that sales for the nine-week holiday period ended December 31, 2016 declined 16.4 percent from last year to $2.50 billion. Total comparable store sales for the holiday period decreased 18.7 percent. The company noted that comp trends improved from November to...

Panera Bread (PNRA) announced Friday that its entire U.S. food menu and portfolio of Panera at Home products are now 100% clean. The company noted that they are free from all artificial flavors, preservatives, sweeteners, and colors from artificial sources as defined by the company's No No List, inclusive...

First Horizon National (FHN) reported Friday that its fourth-quarter net income available to common shareholders was $53.3 million, or $0.23 per share, compared to $47.03 million, or $0.20 per share a year ago. On average, 17 analysts polled by Thomson Reuters expected earnings of $0.25 per share...

BlackRock Inc. (BLK) said that its board approved a 9% increase in the quarterly cash dividend to $2.50 per share, payable March 23, 2017, to shareholders of record at the close of business on March 6, 2017. In addition, the Board authorized the repurchase of an additional 6 million shares under...

Home improvement retailer Lowe's Co. (LOW) is planning to cut thousands of jobs, WSJ reports said. In order to adapt to the changing shopping habits, the company is planning to cut one percent of the staff or around 3000 jobs. There will be reshuffling of employees to accommodate in customer facing...

Global investment firm KKR & Co. L.P. (KKR) said that HK Holdings Co., Ltd. or the "Bidder", an entity owned by investment funds controlled by KKR, plans to make a tender offer for all the existing common shares and stock acquisition rights of leading power tool and life science equipment manufacturer...

Shares of software exporter Infosys Technologies Ltd.(INFOSYSTCH, 500209, INFY) were trading 2 percent lower in India after the company trimmed its forecast for fiscal 2017 revenue growth. For the year, the company now expects revenues to grow 8.4% to 8.8%, compared to previous guidance of 8% to-...

Boeing (BA) and SpiceJet announced a commitment for up to 205 airplanes. Booked at the end of 2016, the deal includes 100 new 737 MAX 8s, SpiceJet's current order for 42 MAXs, 13 additional 737 MAXs which were previously attributed to an unidentified customer on Boeing's Orders & Deliveries website,...

Follow RTT