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$K has agreed to acquire Ritmo Investimentos, controlling shareholder of leading Brazilian food group Parati S/A, Afical Ltda and Padua Ltda for approx. $429MM in an all-cash transaction. The acquisition by $K, through its subsidiary Pringles Serviços e Comercio de Alimentos Ltda is expected to close in late 2016, subject to conditions.
$AAL is giving pay hikes to its employees but investors are sulking.
$APC stock tumbled more than 5.6% after last week's fatal home explosion in Firestone, Colorado prompted the company to close more than 3,000 wells for weeks.
Unicorn Frappuccino. The latest hit from $SBUX. Can't wait to see how this will affect its results.
At what point should $AMZN consider a stock split? $1000 per share seems pretty high.