Euro News

The ongoing dramatics involving the potential acquisition of Shire (LSE:SHP) by AbbVie (NYSE:ABBV) has given Shire’s share price a punch in the solar plexus today, making it the FTSE’s biggest loser on the day. Not only has the wind been knocked out of Shire’s sails, but there may be a storm brewing on the horizon. […]

As automotive parts manufacturers from around the world assemble for the opening of Automechanika in Frankfurt, unlisted German company ZF and U.S.-based TRW (NYSE:TRW) have announced that the former will acquire the latter for $13.5 billion in cash or $105.60 per share. TRW’s share price is currently 103.01, down less than a percentage point from Friday’s […]

The share price of ASOS (LSE:ASC) has taken a dramatic upturn today, reaching 2,763.00 by 2:30 this afternoon, a rather phenomenal 17.7% increase from yesterday’s closing price of 2,348.00. Perhaps the most interesting fact about the sudden turnaround in share price is that the company hasn’t done anything to motivate investor interest. Unless you consider rumors to […]

Walgreens (NYSE:WAG), the largest chain of pharmacies in the U.S. is entering into the final phase of its long-planned takeover of Alliance Boots. Walgreens’ share price dropped by more than 13% in early trading today. As of 3:53 pm GMT, its shares are selling at 60.38. down 12.8% from yesterday’s close of 69.12. It would […]

At 16 minutes past 9:00 am GMT yesterday, 24 July 2014, Carillon (LSE:CLLN) announced that it had won a contract with the Ministry of Defense worth £2.8 billion. Carillon’s share price barely budged, despite analysts describing the deal as a game changer for the company. The contract for maintaining and upgrading military facilities was won as […]

A spike in activities in the media sector has been leaving its mark on the stock markets today, as it appears that we may be headed toward a new round of mergers, acquisitions and divestitures led by no less than media magnate Rupert Murdoch. ITV’s share price (LSE:ITV) opened at 201.00, up from 183.80. Time Warner’s share […]

There’s no doubt about it. Persistence can pay off. AbbVie (NYSE:ABBV) has been courting Shire plc (LSE:SHP) for some time now with takeover proposals, all of which Shire has shunned. The board of Shire has now reported that it is willing to recommend ABBV’s latest offer of £53.2 per share in cash and stock. Shire’s share […]

It’s not even the Fourth of July yet, but the fireworks have already begun. The S&P has done it again, posting its longest streak of quarterly gains since 1998. And, just before noon EDT in New York, it appears that the rally is not yet over . Just 15 minutes ago. at 11:44 am, the S&P Index […]

Exploration Update – Soil Sampling Programme at Schonberg Project Noricum Gold Limited (LSE:NMG), anAustrian focused gold exploration and development company, hsa said it has discovered multiple coherent gold and copper in-soil anomalies have been delineated for follow up work through soil sampling at its wholly owned Schonberg Precious Metals Projects located in south-central Austria...

This year has not been particularly good to the share price of Asos (LSE:ASC). Its share price has declined by more than 50% since February after having reached 7,200. Asos shares closed at 1,752 on Friday, June 20th, only to be followed five hours later by a fire in the company’s main distribution center in […]