FRANKFURT, April 26- Deutsche Boerse delivered a sharp rise in net profit in the first quarter and said it would buy back shares as it sought to appease disgruntled investors following its failed merger attempt with London Stock Exchange Group. "Thanks to our diversified business model and effective cost management we were able to compensate low equity market...
DUBAI, April 26- Two Saudi banks soared on Wednesday after saying they were in initial stages of a merger, helping lift the mood in other lenders while first quarter financial results buoyed the shares of two blue chips in other Gulf countries. On Wednesday Saudi's Alawwal Bank agreed to start talks with Saudi British Bank about a tie-up that could create the...
Panera Bread reported first-quarter 2017 earnings after the bell on Tuesday.
*Q1 operating EPS $1.64 vs est $1.39. *Net sales up 4.6 pct at $7.74 bln, vs est $7.50 bln. The divestiture was made to win European Union approval for the company's merger with Dow Chemical.
Brand Union's Terry Tyrrell talks to Marketing Media Money about what makes a brand and whether brand cultures can scupper mergers and takeovers.
The U.S. Federal Communications Commission barred merger talks among telecommunications companies for over a year as it conducted a $19.8 billion auction of airwaves from broadcasters for wireless use. T-Mobile, the largest winner with an $8 billion bid, is widely expected to be one of the first to have such discussions. "The inorganic and organic...
Medical supplies manufacturer Becton Dickinson announced it will acquire C.R. Bard for $24 billion in a cash and stock deal.
Steve Krouskos, global vice-chair of transaction advisory services at EY, talks about the renewed optimism seen in deal-making during 2017. Added comment on political influence.
WASHINGTON, April 20- Health insurer Anthem Inc denied a report on Thursday that it was in negotiations with the Justice Department in an effort to save its merger with smaller rival Cigna Corp.. The companies are awaiting a decision from a federal appeals court, which had been asked to rule on whether the Justice Department could stop the $54 billion merger on...
The "Squawk Box" crew talk about the joining of two high speed trading firms.
CNBC's Gemma Acton updates with Dutch paint maker AkzoNobel's first-quarter earnings, as well as PPG's attempt to buy the company.
CNBC's Gemma Acton speaks about AkzoNobel's first-quarter earnings.
CNBC's Gemma Acton says that despite AkzoNobel's impressive earnings figures, questions remain over how much money shareholders will get back.
Yahoo is entering its final quarter as an independent company.
The CEO of Verizon, Lowell McAdam, is open to discussing the possibility of merging according to a report from Bloomberg.
April 17- Cabela's Inc said it agreed to be bought by fellow outdoor goods retailer Bass Pro Shops for a lower price than agreed, and that it would sell its bank unit in a two-step deal as it seeks regulatory clearance for the transactions. Bass Pro Shops will now buy Cabela's for about $5 billion, $500 million lower than the price agreed upon last year.
In January, AT&T said it expected to be able to bypass the FCC in its planned $85.4 billion acquisition of Time Warner because it would not seek to transfer any significant Time Warner licenses. FCC Chairman Ajit Pai said previously he did not plan to use the proposed TV station license transfer as a way to examine the AT&T-Time Warner merger.
April 17- In 10 days, the U.S. Federal Communications Commission will lift a ban on telecoms companies engaging in merger talks, and Wall Street is betting on T-Mobile US Inc, Sprint Corp and Dish Network Corp to be the first ones out of the gate. You have to ask yourself whether T-Mobile is going to be as eager to do a deal as Sprint, "said Craig Moffett, an analyst at...
Walmart digital chief Marc Lore has his sights set on Bonobos, Recode reports
During the first quarter, private equity firms paid a median multiple of 10.8 times EBITDA, according to a report this week.