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Couche-Tard asks 7-Eleven owner for talks after $38.5 bln offer rejected

UPDATE 8-Couche-Tard asks 7-Eleven owner for talks after $38.5 bln offer rejected Investor says Seven & i's reasons to reject bid can be overcome Couche-Tard willing to sell assets to secure regulatory approval Deal would be largest-ever foreign takeover of a Japanese firm Seven & i shares up 2.4%, trading above all-cash offer price Updates with Seven & i response in paragraphs 8,9 By Scott Murdoch and Kane Wu Sept 8 (Reuters) - Canada's Alimentation Couche-Tard ATD.TO said it was willing to eng
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U.S. First BanCorp, Kellanova, Popular

U.S. RESEARCH ROUNDUP- First BanCorp, Kellanova, Popular Aug 26 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including First BanCorp, Kellanova and Popular, on Monday. HIGHLIGHTS * Crowdstrike CRWD.O : Rosenblatt Securities cuts target price to $330 from $350 * First BanCorp FBP.N : Piper Sandler assumes coverage with neutral rating * Kellanova K.N : D.A.
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Gordon Gund Reports 5.8% Stake In Kellanova As Of August 13 - SEC Filing

BRIEF-Gordon Gund Reports 5.8% Stake In Kellanova As Of August 13 - SEC Filing Aug 20 (Reuters) - Kellanova K.N : GORDON GUND REPORTS 5.8% STAKE IN KELLANOVA AS OF AUGUST 13 - SEC FILING Source text for Eikon: [ID:n0001193125-24-203665] Further company coverage: K.N
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Mars IncReports 20.6% Stake In Kellanova, As Of August 13, 2024

BRIEF-Mars IncReports 20.6% Stake In Kellanova, As Of August 13, 2024 Aug 19 (Reuters) - Kellanova K.N : MARS, INCORPORATED REPORTS 20.6% STAKE IN KELLANOVA, AS OF AUGUST 13, 2024- SEC FILING Source text for Eikon: [ID:n0001341004-24-000139] Further company coverage: K.N
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Pringles' $36 bln deal comes with a pinch of salt

RPT-BREAKINGVIEWS-Pringles' $36 bln deal comes with a pinch of salt The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Jennifer Saba NEW YORK, Aug 14 (Reuters Breakingviews) - Mars is adding Pringles next to the M&M’s in its corporate pantry. A $36 billion deal for potato-chip maker Kellanova K.N makes sense to round out its chocolate-heavy portfolio.
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Doldrums at last, with US retail and China housing in focus

MORNING BID AMERICAS-Doldrums at last, with US retail and China housing in focus A look at the day ahead in U.S. and global markets from Mike Dolan With the inflation picture under control and market volatility back in its box, summer trading doldrums may well resume as long as the U.S. retail picture holds up later on Thursday. The extraordinary round-trip for Wall Street's VIX volatility gauge .VIX was more or less complete on Wednesday as a benign U.S.
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U.S. Allstate, bluebird bio , Vicinity Motor

U.S. RESEARCH ROUNDUP-Allstate, bluebird bio , Vicinity Motor Aug 15 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Allstate, bluebird bio and Vicinity Motor, on Thursday. HIGHLIGHTS * Allstate Corp ALL.N : CFRA cuts to hold from buy * Autodesk Inc ADSK.O : Baird raises target price to $295 from $289 * bluebird bio Inc BLUE.O : JP Morgan cuts to neutral from overweight * Provident Financial Services Inc PFS.N : KBW
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New York Times business news - Aug. 15

PRESS DIGEST- New York Times business news - Aug. 15 Aug 15 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. - Mars, the company behind M&M's and Snickers, has agreed to acquire Kellanova K.N , the snack food business spun off by Kellogg's KLG.N last year, in a $36 billion deal that will create a new global food giant.
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Wall Street Journal - Aug 15

PRESS DIGEST - Wall Street Journal - Aug 15 Aug 15 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - Warren Buffett’s Berkshire Hathaway BRKa.N took a stake in Ulta Beauty ULTA.O in the second quarter, while buying more shares of Chubb CB.BN and Occidental Petroleum OXY.N .
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British Business - Aug 15

PRESS DIGEST-British Business - Aug 15 Aug 15 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - The British government said it will grant 13.5 million pounds ($17.32 million) in funding to support Tata Steel's TISC.NS workers and supply chain businesses at Port Talbot in South Wales facing job losses.
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US rate cuts in view after tame CPI report

MORNING BID ASIA-US rate cuts in view after tame CPI report By Lewis Krauskopf Aug 15 (Reuters) - A look at the day ahead in Asian markets. The prospect of looming U.S. rate cuts was back on the front burner after an inflation report, which had kept markets on edge ahead of its release, showed a tame reading. Wednesday's consumer price index showed a moderate rise in July with the annual increase in U.S.
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S&P 500 ends up, win streak at 5; Nasdaq ekes out gain even as Alphabet weighs

US STOCKS-S&P 500 ends up, win streak at 5; Nasdaq ekes out gain even as Alphabet weighs S&P 500, Nasdaq extend win streaks to five U.S. CPI rises as expected in July Alphabet dips after report US mulls Google break-up VIX records fastest ever drop from high-fear range Indexes up: Dow 0.61%, S&P 500 0.38%, Nasdaq 0.03% Adds closing prices By David French Aug 14 (Reuters) - The S&P 500 ended higher on Wednesday, stretching its winning streak to five sessions, as the latest inflation data reassure
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Updates Flutter and Mars; Adds Bradesco, Maverick Natural Resources, BlackLine Systems and Marex Group Aug 14 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday: ** Brazilian bank Bradesco BBDC3.SA wants to form new partnerships with banks, equipment producers and agriculture cooperatives to expand lending to the agribusiness sector, which currently covers less than 15% of its total credit portfolio
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S&P 500 closes up, win streak at 5; Alphabet weighs on Nasdaq

US STOCKS-S&P 500 closes up, win streak at 5; Alphabet weighs on Nasdaq Kellanova jumps after Mars to buy co in $36 bln deal U.S. CPI rises as expected in July Alphabet dips after report US mulls Google break-up Updates to close By David French Aug 14 (Reuters) - T he S&P 500 closed higher on Wednesday, stretching its winning streak to five sessions, as the latest inflation data reassured investors betting the Federal Reserve would start cutting U.S.
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S&P 500 top and bottom performing stocks at about 03:31 p.m. EDT

BUZZ - S&P 500 top and bottom performing stocks at about 03:31 p.m. EDT S&P 500 .SPX Top Performers Percent Change Kellanova K.N +7.6% Charles Schwab Corp SCHW.N +5% Progressive Corp PGR.N +5.0% Allstate Corp ALL.N +4.9% CrowdStrike Holdings Inc CRWD.OQ +3.3% Bottom Performers Percent Change Albemarle Corp ALB.N -5.7% ETSY Inc ETSY.OQ -4.1% Tesla I
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Mars' biggest deal clinched by secretive, deep-pocketed family

REFILE-FOCUS-Mars' biggest deal clinched by secretive, deep-pocketed family Refiles to add missing word in paragraph 4 By Abigail Summerville MCLEAN, VIRGINIA, Aug 14 (Reuters) - A running joke among residents of McLean, Virginia is that the most secretive organization headquartered in their Washington D.C. suburb is not the Central Intelligence Agency, but rather a confectionery and pet products company.
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Wall Street indexes mixed as Alphabet slips, data keeps rate-cut bets intact

US STOCKS-Wall Street indexes mixed as Alphabet slips, data keeps rate-cut bets intact Kellanova jumps after Mars to buy co in $36 bln deal U.S. CPI rises as expected in July Alphabet dips after report US mulls Google break-up Indexes: Dow up 0.64%, S&P 500 up 0.22%, Nasdaq down 0.24% Updated to 2:00 p.m. ET/1800 GMT By Shashwat Chauhan and David French Aug 14 (Reuters) - Wall Street's main indexes o ffered a mixed bag on Wednesday, as Alphabet and some megacap tech stocks traded lower but the l
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U.S. STOCKS Progressive, Serve Robotics, Palo Alto Networks

BUZZ-U.S. STOCKS ON THE MOVE-Progressive, Serve Robotics, Palo Alto Networks Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes were mixed on Wednesday as Alphabet slid and as signs of moderating inflation kept bets intact that the U.S.
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Pringles' $36 bln deal comes with a pinch of salt

BREAKINGVIEWS-Pringles' $36 bln deal comes with a pinch of salt The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Jennifer Saba NEW YORK, Aug 14 (Reuters Breakingviews) - Mars is adding Pringles next to the M&M’s in its corporate pantry. A $36 billion deal for potato-chip maker Kellanova K.N makes sense to round out its chocolate-heavy portfolio.
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U.S. STOCKS Allstate, Progressive, Serve Robotics

BUZZ-U.S. STOCKS ON THE MOVE-Allstate, Progressive, Serve Robotics Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes were mixed on Wednesday, as Alphabet slid and as signs of moderating inflation kept bets alive that the U.S.
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