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Stocks Piper Jaffray Companies

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  • Aug 27- Dollar General Corp, the No.2 U.S. discount retailer by store count, reported quarterly sales that fell slightly below analysts estimates and said it expects same-store sales growth for the year to be at the low-end of its forecast. Dollar General slipped from the No.1 spot after it lost a takeover battle for smaller rival Family Dollar Stores Inc to...

  • Aug 27- Medical technology company Greatbatch Inc said it would buy privately owned Lake Region Medical for about $1.73 billion in cash and stock. The deal, which is expected to close in the fourth quarter, creates a company with operations in the United States, Latin America, Europe and the Asia-Pacific region. Piper Jaffray is acting as financial adviser and...

  • Aug 19- Suja Life LLC said on Wednesday that Coca-Cola Co has bought a minority stake in the organic juice maker and will distribute its products. San Diego- based Suja, founded in 2012 by entrepreneurs Annie Lawless, Eric Ethans, Jeff Church and James Brennan, makes juices and smoothies under cold pressure to kill harmful bacteria and preserve nutrients and taste.

  • Aug 19- Juice maker Suja Life LLC said Coca-Cola Co had bought a minority stake in the company and will distribute its products. Suja, which makes organic juices and smoothies, also said on Wednesday that Goldman Sachs Group Inc's merchant banking division had taken a minority stake. Piper Jaffray& Co was the adviser to Suja and Giannuzzi Group LLP served as legal...

  • Net sales $24.83 bln vs est. By Nandita Bose and Sruthi Ramakrishnan. Aug 18- An improving U.S. housing market helped Home Depot Inc beat quarterly sales forecasts on Tuesday, and the world's No. 1 home-improvement retailer lifted its full-year earnings and revenue forecasts.

  • UPDATE 1-Tianjin blast to test Chinese insurers -Fitch Tuesday, 18 Aug 2015 | 8:36 AM ET

    *Regional insurers to bear brunt of Tianjin claims. FRANKFURT, Aug 18- Insurance claims from the devastating explosions at the Chinese port of Tianjin last week could exceed initial estimates and strain the finances of regional insurers, credit ratings agency Fitch said on Tuesday. If claims were to come in at the high end of the forecast, it would represent more...

  • Tianjin blast to strain Chinese insurers - Fitch Tuesday, 18 Aug 2015 | 4:40 AM ET

    *Regional insurers to bear brunt of Tianjin claims. FRANKFURT, Aug 18- Insurance claims from devastating explosions at the Chinese port of Tianjin last week could exceed initial estimates and strain the finances of regional insurers, credit rating agency Fitch said on Tuesday. PICC Property and Casualty Company, Ping An Property& Casualty Insurance Company of...

  • HONG KONG, Aug 17- China stocks slid on Monday as investors feared Beijing would let the yuan depreciate further, despite statements from the central bank last week that it sees no reason for further declines. "Investors were not keen to go into market on anticipation the yuan can depreciate further in the long run," Steven Leung, director at UOB Kay Hian in Hong Kong...

  • Aug 3- American International Group Inc, the largest commercial insurer in the United States and Canada, reported a quarterly operating profit that breezed past analysts' estimates, and boosted its share buyback by up to $5 billion. The insurer's results were driven by investments in one of China's biggest insurers and earnings from aircraft leasing company...

  • Aug 3- Insurer American International Group Inc reported a 5.6 percent jump in quarterly operating profit, driven by investments in one of China's biggest insurers and earnings from aircraft leasing company AerCap. The operating income was bumped up by a more than doubling in pretax earnings to $127 million from AerCap Holdings NV, the world's largest...

  • UPDATE 1-Facebook shares dip as results fail to impress Thursday, 30 Jul 2015 | 1:04 PM ET

    July 30- Facebook Inc's shares fell as much as 5 percent on Thursday, after the company's weak advertising sales growth outlook dampened investor expectations boosted by Google Inc's strong report earlier this month. "The number one reason is that... some investors looking at these results are deciding to take their profits," FBN Securities analyst Shebly...

  • July 30- Facebook Inc's plans to focus spending on its two messaging services, Instagram and its virtual reality headset business was cheered by Wall Street analysts, who said the efforts would boost long-term growth. Piper Jaffray was the most bullish with a $146 target- 50 percent over Facebook's Wednesday close of $96.99. "We believe the commentary on its face...

  • Yelp needs help, and buyout may be the answer Wednesday, 29 Jul 2015 | 5:37 PM ET

    July 29- Selling itself could be one of the few options left for Yelp Inc, which is struggling to win advertising dollars in an increasingly crowded market that already includes Google Inc, TripAdvisor Inc and GrubHub Inc.. Yelp, owner of consumer review website Yelp.com, reported a second-quarter loss on Tuesday and forecast revenue for the current quarter...

  • *Tecfidera U.S. growth to be flat for rest of 2015. July 24- Biogen Inc more than halved its sales growth forecast for 2015, saying it expects demand for its flagship multiple sclerosis drug, Tecfidera, to continue slowing this year in the United States. Biogen's stock fell as much as 18.8 percent to a seven-month low, wiping out about $17 billion of its value, after the...

  • July 20- From T-Rex to Yoda, Hasbro has its toy cupboard full for the next two years. While Mattel has struggled to boost flagging sales of its iconic Barbie dolls, Hasbro's tie-ups with movie studios have been a money-spinner for the Monopoly board game maker. The narrowing gap between the top two players reflects in their stock prices: Mattel has lost a third of its...

  • July 17- Mattel Inc's turnaround plan is off to a crawling start. Mattel is also selling toys at prices that are cheaper than they had been in the past two years as it tries to win back customers who have dumped the once must-have Barbie dolls and other staid toys for interactive electronic toys and tablets. Fisher-Price, Mattel's second-largest business, is...

  • *Company valued at $471.50 bln at record high of $703. July 17- Google Inc's shares soared as much as 16.8 percent on Friday, crossing the $700 mark and adding nearly $68 billion to its market value, as strong growth in YouTube viewership allayed concerns about Facebook Inc's push into video. Google's shares hit a record high of $703, valuing the company at $471.50...

  • July 17- Google Inc's shares surged as much as 14.5 percent on Friday, adding about $50 billion to its market value, as strong growth in mobile ad revenue allayed concerns its YouTube business could be hurt by Facebook Inc's push into video. Shares of Google, the world's most valuable company after Apple Inc, hit a record high of $688.81, valuing the Web search giant...

  • July 17- Google Inc's strong growth in mobile advertising revenue allayed concerns the company's YouTube business could be hurt by Facebook Inc's efforts to cash in on the growing popularity of videos on smartphones and tablets. Analysts also welcomed new Chief Financial Officer Ruth Porat's emphasis on disciplined spending, with 23 brokerages raising...

  • HONG KONG, July 10- Hong Kong stocks surged for the second day on Friday to trim losses for the week, tracking the turnaround in China's markets after Beijing unleashed a series of support measures staunch losses after a worryingly steep decline. CITIC Ltd led gains in the Hong Kong blue-chip index, surging 9 percent. BYD Co Ltd led rises in the China companies index,...