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JPMorgan And GE's Business Relationship Is More Than 100 Years Old
Friday, April 7, 2017 - 2:43pm | 398Read More...JPMorgan Chase & Co. (NYSE: JPM)'s relationship with General Electric Company (NYSE: GE) dates back to last century. According to a Bloomberg report, General Electric has been a client of JPMorgan for 125 years. Way back in 1892, JPMorgan, known as John Pierpont Morgan's Drexel Morgan & Co...
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Is Buffett Being 'Greedy When Others Are Fearful' By Seeking To Buy More Wells Fargo?
Wednesday, July 6, 2016 - 11:58am | 400Read More...Warren Buffett has many investment philosophies, but there is one particular saying that should stand out in the current market environment: "Be fearful when others are greedy and greedy when others are fearful." Banking stocks have been hard hit as of late, especially following the Brexit vote,...
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Rales Brothers Hoping For Repeat Of Danaher's M&A-Driven Success Story
Wednesday, July 6, 2016 - 10:46am | 306Read More...Steven and Mitchell Rales are hoping they will be able to repeat history following this week’s spinoff of Fortive Group (NYSE: FTV) from Danaher Corporation (NYSE: DHR). The brothers have built Danaher into a $43-billion-success story by taking an aggressive approach to M&A. Danaher has...
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Edward Jones Downgrades ConocoPhillips To Hold
Wednesday, April 22, 2015 - 8:59am | 49Read More...Edward Jones downgraded ConocoPhillips (NYSE: COP) from Buy to Hold. ConocoPhillips shares have dropped 8.29 percent over the past 52 weeks, while the S&P 500 index has surged 11.58 percent in the same period. ConocoPhillips' shares fell 0.88 percent to $67.42 in pre-market trading.
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Edward Jones Downgrades Transocean To Sell
Wednesday, April 22, 2015 - 8:48am | 52Read More...Analysts at Edward Jones downgraded Transocean LTD (NYSE: RIG) from Hold to Sell. Transocean shares have dropped 58.51 percent over the past 52 weeks, while the S&P 500 index has surged 11.58 percent in the same period. Transocean shares declined 0.29 percent to $16.98 in pre-market trading.
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Edward Jones Analyst On Kraft-Heinz Merger: 'A Cost Savings Story'
Wednesday, March 25, 2015 - 3:20pm | 305Read More...Speaking to Benzinga, Edward Jones Analyst Brian Yarbrough discussed the Kraft Foods Group Inc (NASDAQ: KRFT) merger with H. J. Heinz Company. Yarbrough felt that a food industry merger was expected following the acquisition of H. J. Heinz Company by Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE...
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Edward Jones Initiates Actavis At Buy
Friday, March 6, 2015 - 9:00am | 52Read More...Analysts at Edward Jones initiated coverage on Actavis plc(NYSE: ACT) with a Buy rating. Actavis shares have climbed 38.71% over the past 52 weeks, while the S&P 500 index has gained 11.87% in the same period. Actavis' shares fell 0.15% to close at $295.70 on Friday.
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Dollar General Opens Sharply Lower; Deal Seen As Less Likely
Monday, June 30, 2014 - 10:15am | 197Read More...Dollar General (NYSE: DG) opened sharply lower Monday as analysts suggested a quick merger is unlikely. Dollar General said Friday that Chief Executive Rick Dreiling will retire by May 2015, and Wall Street figures that means nothing will happen soon regarding a hyped merger with Family Dollar...
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Will Publix Try To Acquire Whole Foods?
Tuesday, June 10, 2014 - 12:23pm | 586Read More...A strange, but persistent rumor began last week that privately held Publix Super Markets plans to acquire publicly traded Whole Foods (NASDAQ: WFM). The rumor arose from a report on financial website, Briefing.com, that described “chatter” suggesting Publix was interested in buying...
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Fortune Magazine's Best Places To Work
Thursday, January 16, 2014 - 1:14pm | 685Read More...Do you work for Google? If so, congratulations! And, stay where you are because your employer is number one (for the fifth time) in Fortune magazine’s 17th annual list of the 100 best companies to work for. If you are looking for a job, or looking to change jobs, and Google isn’t in your...
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Pack A Plunger: Memories of Backed Up Toilets Continue to Plague Carnival (CCL)
Wednesday, September 25, 2013 - 10:55am | 591Read More...Nothing sucks the joy out of vacation memories like the stench of a backed up toilet. Unfortunately, for Carnival (NYSE: CCL), the memory of that stench has remained long after the event, according to The Associated Press. The stock was down more than seven percent Tuesday after reporting...
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Sprouts Farmers Market More Than Doubles On First Day (SFM)
Friday, August 2, 2013 - 9:23am | 596Read More...The stock market apparently likes the food market. At least the Sprouts Farmers Market (NASDAQ: SFM) segment, which doubled and then some Thursday during its first day of trading, according to The Wall Street Journal. Sprouts' share price jumped 123 percent to close at $40.11 after entering...
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Bloomberg: Kohl's a Potential Takeover Target
Thursday, January 31, 2013 - 1:57pm | 459Read More...Wisconsin-based department store chain Kohl's (NYSE: KSS) is on deck as a potential takeover target. Per Bloomberg, Edward Jones believes Kohl's could be an attractive buyout candidate for a private equity firm. According to data compiled by Bloomberg, the company trades at 0.58 times sales and...
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HP Combats Slowing PC Sales With Commercial Printing Hardware
Friday, November 12, 2010 - 11:12am | 122Read More...Where do you go after achieving your primary goal in life? Now that Hewlett-Packard (NYSE: HPQ) is bigger than Dell (NASDAQ: DELL), the company has found itself in a difficult position: the PC market is shrinking. One way to deal with this problem is to simply tackle another market. CNNMoney...
