Steve Madden CEO Rosenfeld Buys Waterproof Boots Company Blondo
It’s a bit late in the season to buy a waterproof boots company, but Steve Madden has done it, according to a press release. Blondo, which has been around for more than a century, makes leather More...
Best Buy Joins Hands with Desjardins, Stock Rises on Upgrade
Best Buy have declared a new joint venture which sees Desjardins, through its Card and Payment Services business unit, acquiring both the Best Buy Canada and Future Shop private-label credit card portfolios, More...
Analysts Cut Google Price Target to $675, Sergey Brin Unloads Shares
Research analysts at Evercore Partners Inc. lowered their price target on shares of Google from $725.00 to $675.00 in a report released on Thursday, while a disclosure revealed that Sergey Brin had sold over More...
Starbucks Gets Burned on Earnings
Starbucks shares were down 4.8% in after hours trading after it missed revenue estimates, as reported by Seeking Alpha. Revenue was at $4.3 billion, 50 million below Wall Street estimates. EPS was $0.74, More...
Allergan Still Doing Fine, Thank You Very Much, Without Valeant, Ackman
In the ongoing hostile pursuit to take over Allergan, major shareholder in the company, Bill Ackman and Valeant just don’t seem ready to quit, even though the company has been doing quite well, thank you, More...
ICL IP Starts Production at New Israel Plant
ICL, a global manufacturer of products based on specialty minerals announced that its ICL Industrial Products segment has initiated start-up activities of its manufacturing facility in Israel for the production More...
2 Top Food Stock Picks from Nelson Peltz
Nelson Peltz’s Trian Fund has a huge stake in Mondelez (MDLZ) and a owns a significant number of shares in PepsiCo (PEP). Peltz, known to be an activist investor, has suggested dramatic changes More...
Madden About Dolce Vita: Great Brands Think Alike
Steve Madden announced that it is acquiring Dolce Vita Holdings, Market Watch reported. The two fashion footwear brands are going to team up, with Madden paying $60.3 million for Dolce Vita subject to More...
George Soros’ 3 Top Q2 Picks
Soros Fund Management’s recent 13F filing disclosed the fund has 180 new positions from the last quarter out of 363 total positions. Its top 3 additions in the second quarter were: 1. Consol Energy (CNX): More...
Marc Benioff’s Salesforce.com Acquiring RelateIQ For $390 Million
Marc Benioff’s Salesforce.com made an 8-K regulatory filing with the Securities and Exchange Commission on Friday, indicating it had entered into an agreement by way of a plan of reorganization to merge More...