On Thursday morning, Ralph Lauren Corporations posted a profit that dropped by 77% during its most recent quarter as sales and margins at the apparel company were hit by a move of clearing inventories in its business in the U.S. However, company shares were up over 3.5% in early premarketing trading as earnings per share, […]
Corporate News – The Cerbat Gem
Showing posts with label Announced. Show all posts
Showing posts with label Announced. Show all posts
Sunday, February 19, 2017
Ralph Lauren Beats Expectations, Buyback of Stock Announced
Tuesday, January 31, 2017
Microsoft LinkedIn Deal Worth $26.2B Announced
In a joint statement, Microsoft (NASDAQ:MSFT) and LinkedIn (NYSE:LNKD) announced that the networking site would be acquired by the tech titan in an all cash deal worth $ 26.2 billion. The terms of the deal value LinkedIn at $ 196 per share. That’s considerably higher than Friday’s closing price of $ 131.08. The deal is expected to close […]
Mergers & Acquisitions – The Cerbat Gem
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