SodaStream International Soars Pre-Bell as Pepsi Discloses $3.2 Bln Acquisition Targeting In-Home Solutions Market

SodaStream International Soars Pre-Bell as Pepsi Discloses $3.2 Bln Acquisition Targeting In-Home Solutions Market

Shares of SodaStream International Ltd. (SODA), the top sparkling water brand in the world by volume, surged in pre-market trading on Monday, after PepsiCo, Inc. (PEP) said it has agreed to acquire SodaStream in a $3.2 billion deal that would catalyze Pepsi’s ability to offer personalized in-home and cost-effective beverage solutions. The US soft-drinks giant, whose products are used more than one billion times a day globally, said it was […]

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Eurozone Week Ahead: Calendar This Week Includes Second Reading of German Q2 GDP

Eurozone Week Ahead: Calendar This Week Includes Second Reading of German Q2 GDP

The calendar this week includes the second reading of German Q2 GDP (Thursday), which is expected to be confirmed at 0.5% q/q in the headline reading, but will also come with the full breakdown. Growth is expected to have been supported by consumption and investment, while net trade is expected to have stalled. Action Economics said that growing protectionism on a global level is adding to concerns about the medium […]

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Air Products Wins Long-Term Deal to Supply Jiutai New Material Co., Expected to Add More Than $0.20 to FY22 EPS

Air Products Wins Long-Term Deal to Supply Jiutai New Material Co., Expected to Add More Than $0.20 to FY22 EPS

Air Products and Chemicals (APD) said it won a long-term onsite contract to supply syngas to Jiutai New Material Co. Ltd for its multi-billion dollar mono-ethylene glycol project in Hohhot, China. Air Products will build, own and operate the air separation, gasification and gas clean up processing facility that will include its proven and recently acquired Shell gasification technology. The project is expected to come onstream in FYQ421 and add […]

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Lions Gate Entertainment’s Price Target Cut by Barrington to $27 From $34

Lions Gate Entertainment’s Price Target Cut by Barrington to $27 From $34

Lions Gate Entertainment (LGF.A) received a reduction to its price target late Friday from Barrington Research as the firm adjusted its valuation on the movie-and-television production company’s stock to reflect the increasing role of Starz in its business mix. Barrington’s new price target on Lions Gate’s Class A stock is $27 per share, down from its prior target of $34 but still above the stock’s Friday closing price of $22.96 […]

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Syneos Health Acquires Kinapse; Reaffirms FY18 EPS Guidance In Line With Street

Syneos Health Acquires Kinapse; Reaffirms FY18 EPS Guidance In Line With Street

Syneos Health (SYNH), a biopharmaceutical solutions organization, said Monday that it has acquired Kinapse, an advisory and operational solutions provider to the global life sciences industry, from Hg, a specialist investor based in the U.K. Kinapse delivers services across the clinical and commercial lifecycle. It works with small to mid and large biopharmaceutical companies and has more than 600 employees across the U.K., India and the U.S. Syneos Health said […]

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