Want to join the conversation?
$AMG said total consideration will be paid in cash at closing, funded up to 50% in equity. $AMG's assets under management are expected to rise by $55Bil to nearly $700Bil (pro forma as of March 31, 2016), and $AMG expects that transaction will rise Economic EPS by $0.50-0.80 in 2017. Closing is expected to close during 3Q16.
$BABA seems to be on a roll! But increasing its yearly sales outlook from 48% to 54% seems over-expectation from the company's part, doesn't it?
$JNJ down 2% in pre-market trading. Earnings beat expectations, but sales disappointed. Johnson is cautious on its outlook. How it will perform in the future?