TheStreet.com details how three funds have achieved top results by sticking with high-quality companies that dominate niches and can grow year after year.
ST. PAUL, Minn.-- Ecolab is selling its vehicle care operations to Zep Inc. for about $120 million in cash as part of its strategy to shed non-core businesses. Zep, based in Atlanta, makes cleaning and maintenance products and services for commercial, industrial, institutional and consumer markets.
NEW YORK-- Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market:. Wells Fargo& Co., down 93 cents at $34.25. STMicroelectronics NV, up 36 cents at $6.
million- SEC filing* Source text* Further company coverage ().
THE PURCHASE: Ecolab Inc. is buying specialty chemical company Champion Technologies in a cash-and-stock deal valued at approximately $2.2 billion. THE DETAILS: The cleaning, food safety and pest-control services company said Friday that it will pay approximately $1.7 billion in cash and issue about 8 million shares of its stock as part of the acquisition.
Oct 12- Cleaning services company Ecolab Inc. St. Paul, Minnesota- based Ecolab will pay about $1.7 billion in cash and issue about 8 million shares to Champion, subject to certain adjustments at and after closing. Houston- based Champion, whose competitors include Schlumberger NV, Halliburton Co and Baker Hughes Inc, had sales of $1.2 billion last year, Ecolab said.
Oct 12- Cleaning services company Ecolab Inc. Ecolab's shares closed at $63.67 on the New York Stock Exchange on Thursday. Houston- based Champion, which competes with companies such as Schlumberger NV, Halliburton Co and Baker Hughes Inc, had sales of $1.2 billion last year, Ecolab said.
ST. PAUL, Minn.-- Ecolab, the cleaning, food safety and pest-control services company, is buying the specialty chemical company Champion Technologies in a cash-and-stock deal valued at about $2.2 billion.
Oct 12- Cleaning services company Ecolab Inc. Ecolab said Champion's technology and products were complementary to its services in the offshore and international energy markets. Champion competes with companies such as Schlumberger NV, Halliburton Co and Baker Hughes Inc.
NEW YORK, Oct 2- Dutch brewer Heineken raised US $3.25 bn from a four-part bond offering in style by establishing a new record for the lowest coupon paid by a Triple B issuer for three- and five-year bonds. The company was in the market to take out a EUR2.5bn bridge loan for its acquisition of Asia Pacific Breweries.
Oct 2- Dutch brewer Heineken's US $3.25 bn four-part issue is likely to set records for the lowest coupons paid by a Triple B rated issuer for three and five-year bonds, sources said on Tuesday. Heineken is in the process of completing a deal that was launched earlier on Tuesday to take out a EUR2.5bn bridge loan to fund its acquisition of Asia Pacific Breweries.
Cramer makes the call on viewers' favorite stocks.
Short interest in Barnes & Noble and Diamond Foods is among the highest in the S&P 1,500 index, with more than 50 percent of their float sold short.
With a "one-decision stock" you identify and hope to own for decades, not days... With a two decision stock you must buy and sell at the right price making the process that much more difficult.
Stocks slipped in the final minutes of trading to end lower Wednesday as investors took a breather following a sharp rally in the previous session and amid ongoing jitters over the debt ceiling talks and fears over the euro zone crisis.
Stocks lost some ground in the final minutes of trading Wednesday as investors took a breather following a sharp rally in the previous session and after existing home sales tumbled unexpectedly to a seven-month low.
It’s a big move for Sealed Air, the the food packaging manufacturer, and a big win for Clayton, Dubilier & Rice. Sealed Air’s decision to diversify by buying Diversey is being pitched as a cheap buy of a good company.
What follows is a look at stocks in the S&P 500 displaying unusual volume in today's trading session.
To remind all of the definition for inclusion, these are stocks which require no investment strategy other than, "Buy and hold...for a long, long time."
Canadian energy success story, Suncor Energy. First, some history to explain why this is synthetically a second-time admission into the club.