Stock News

H&M share price record high as August, Q3 sales soar

Hennes & Mauritz AB, the second-top global clothing retailer, reported upbeat sales figures for August and the whole third quarter, boosting the companys stock to a new all-time high. The Swedish companys sales in local currencies increased 19% on an annual basis in August, while sales for the third quarter ended August 31st were up […] Read more

Bouygues SA share price down, to offer Netflix’s on-demand video streaming service for the first time in Europe

The telecom unit of France-based Bouygues SA launched the on-demand video streaming service of Netflix on its TV set-top boxes on Monday. This is considered a crucial step for Netflix, which will launch in France for the first time. The company also explained that it will feature access to Netflix directly through the viewers television […] Read more

Danaher Corp. share price down, to acquire Nobel Biocare in a deal estimated to $2.2 billion

Danaher Corp. revealed that it has reached an agreement over the acquisition of Nobel Biocare Holding AG. The price of the deal is estimated at $2.2 billion, including debt, and comes at a time when health companies are seeking consolidation through mergers and acquisitions in the medical-device sector. “This combination will help us build a […] Read more

Heineken NV share price up, turns down a takeover bid by SABMiller to remain independent

Heineken announced that it rejected a takeover offer made by SABMiller Plc because the family that controls the company prefers it to remain independent. According to people familiar with the process, who asked not to be named because the information is not public, the preliminary acquisition bid of SABMiller was turned down by the owners […] Read more

Fosun International share price down, ups offer for Mediterranee to €22 per share

Fosun International Ltd and its partners made a new offer to Club Mediterranee SA, restarting the battle over the French resort company by posting a larger bid than its Italian rival, Global Resorts. The renewed bid amounts to €22 per share. Fosuns improved offer values Club Med at €839 million ($1.08 billion), including convertible bonds. […] Read more

EasyJet Plc share price up, launches an £8.5-million ad campaign with Hugh Laurie

EasyJet Plc, Europes second-biggest discount courier, announced that it is launching a new advertising campaign in the U.K. today which will be the first in its history to target business travellers. The campaign, dubbed “Business Sense” comes at a cost of £8.5m and will feature the voice of “House” star Hugh Laurie. It will be […] Read more

Comcast Corp. share price up, announces a Wi-Fi roaming agreement with Liberty Global Plc

Comcast Corp. made a joint statement with Liberty Global Plc and revealed that its customers will be provided with the opportunity to use the European Wi-Fi hotspots of Liberty. In exchange, Libertys subscribers will be able to use Comcasts Wi-Fi networks in North America. According to the statement, the service is to start on a […] Read more

Barclays share price up, names Aviva’s John McFarlane to succeed Chairman David Walker

The second-biggest bank in the U.K. – Barclays Plc appointed John McFarlane as a successor to David Walker as chairman of the bank. Barclays said that Mr. McFarlane will join the bank on January 1st as a non-executive director, and will take the position of Chairman on April 23rd, when the next years annual general […] Read more

RadioShack Corp. share price up, negotiates with creditors and third parties for fresh financing

RadioShack Corp. revealed that it is in talks with creditors and third parties to get more capital and avoid bankruptcy after the electronics retailer posted another quarter of increasing losses and declining sales. According to an official statement, RadioShack is in advanced negotiations to bolster its balance sheet, including debt restructuring. The company is also […] Read more