Several potential buyers have expressed interest in acquiring New York EIT Inc.,NYRT +2.76% a $1.75 billion real-estate investment trust, according to several people briefed on the talks. New York REIT on Tuesday said it had enlisted Barclays Capital Inc. and Realty Capital Securities LLC to advise it in a bid to boost shareholder value. The…
Nabors Industries (NYSE:NBR) has earned an average rating of “Buy” from the twenty-three ratings firms that are presently covering the stock, American Banking and Market News reports. Six investment analysts have rated the stock with a hold recommendation and fourteen have issued a buy recommendation on the company. The average 1-year target price among brokerages…
The Coca-Cola Company(NYSE:KO) has announced that it had signed a definitive agreement with Coca-Cola Bottling Company of Central Florida (Coca-Cola Central Florida), a newly formed independent Coca-Cola bottling company. The Coca-Cola Company (NYSE:KO) belongs to Consumer Goods sector. Its net profit margin is 18.10% and weekly performance is 0.36%. On last trading day company shares…
BlackBerry Ltd (NASDAQ:BBRY) says that it decided to acquire Movirtu because it sees the company as the only viable solution to split billing, an issue that the firm identifies as significant to its enterprise customers. BlackBerry Ltd (NASDAQ:BBRY) belongs to Technology sector. Its net profit margin is -6.73% and weekly performance is 7.59%. On last…
Investment analysts at Leerink Swann dropped their price objective on shares of Exelixis (NASDAQ:EXEL) from $4.50 to $2.50 in a note issued to investors on Monday. Leerink Swann’s price objective would indicate a potential upside of 33.69% from the company’s current price. Exelixis, Inc. (NASDAQ:EXEL) belongs to Healthcare sector. Its weekly performance is -6.45%. On…
Microsoft has already made it clear that it’s planning to phase out the Nokia Corporation (ADR) (NYSE:NOK) name in its mobile products, and a newly leaked internal document confirms just that. The document, which was obtained by tech blog GeeksOnGadgets, reportedly says upcoming Nokia Lumia devices will soon be branded as just “Lumia.” Nokia Corporation…
