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Implants and surgical equipment maker $SYK said it agreed to acquire Sage Products, LLC from Madison Dearborn Partners for $2.775Bil. The transaction includes an anticipated future tax benefit which is expected to exceed $500MM and to positively impact cash flows over about 15 years, $SYK said. Sage sales for fiscal 2015 totaled $430MM, it added.
Any idea why some investors are happy about the disastrous $UA results??
Wow! GM killed it with earnings today! Did not expect this after $F gave the feeling it will eclipse the Chevy maker completely!
Oil rebound starting to show up in energy stocks. $XOM $CVX
I have a feeling "CLOUDy" days are ahead, with $AMZN leading the pack.
$AAL is giving pay hikes to its employees but investors are sulking.