acquisition

Alphabet shares surge to all time high on Q3 beat

Alphabet shares surge to all time high on Q3 beat

Alphabet Inc. (NASDAQ: GOOGL), parent company of Google, announced its third quarter earnings for fiscal year 2017 and beat estimates in both earnings and revenue. Shares surged over 6 percent during Friday trading hours.Alphabet reported revenue of..

Private Equity Firm Acquired Ruby Tuesday For $2.40 Per Share

Private Equity Firm Acquired Ruby Tuesday For $2.40 Per Share

Ruby Tuesday, Inc. (NYSE: RT) on Monday announced that it agreed to be acquired by a fund managed by NRD Capital.Under the agreement, the Atlanta-based private equity firm NRD will acquire all of Ruby Tuesday’s common shares for $2.40 per shar..

Trader Joe’s Hit by Whole Foods Price Cuts

Trader Joe’s Hit by Whole Foods Price Cuts

After Amazon.com, Inc. (NASDAQ: AMZN) acquisition of Whole Foods, cost cuts as well as internal restructuring has been hurting rivals, such as Trader Joe’s, the most. Whole Foods’ foot traffic jumped 17% year over year the week of price ..

Monarch Airlines cancels Holiday Flights

Monarch Airlines cancels Holiday Flights

Monarch Airlines cancelled hundreds of thousands of holiday flights due to the intense competition for flights and a weaker pound. 900,000 passengers were affected included more than 100,000 that were already abroad. 750,000 future bookings were can..

Centerpointe Office Park Changes Hands for $106 Million

Centerpointe Office Park Changes Hands for $106 Million

A business park comprising of a total of 10 buildings in La Palma has been bought by two investment firms- Westbrook Partners and Greenlaw Partners- for a sum of $106 million. Both operate out of Irvine and have offices in Los Angeles. The two firms..

Calgon Carbon Corporation to be Acquired by Kuraray

Calgon Carbon Corporation to be Acquired by Kuraray

Calgon Carbon Corporation (NYSE: CCC) share spiked more than 60% after the company announced on Thursday that it will be acquired by Kuraray Co., Ltd. (TYO:3405). The two companies have reached a definitive merger agreement, under which Kuraray will..

Walgreens Received Regulatory Clearance to Acquire     Rite Aid

Walgreens Received Regulatory Clearance to Acquire Rite Aid

Walgreens Boots Alliance Inc (NASDAQ: WBA) has received the regulatory clearance required for the acquisition of Rite Aid Corporation (NYSE: RAD) for 4.375 billion in cash. Tuesday Walgreens announced that the amended and restated asset purchase agr..