Category Archives: News

Bloomberg Rachel Adams-Heard September 17, 2018, 1:18 PM EDT Updated on September 18, 2018, 5:00 AM EDT Money pours into local gathering and processing networks Investments could go awry if bullish estimates don’t pan out Sections of pipeline lie on the ground near an oil drill rig in the Permian Basin near Pyote, Texas, U.S. Photographer: Daniel Acker/Bloomberg […]

Andrew Jennings, founder and CEO of Ekdesk. Photo courtesy of the firm. By Andrew K. Jennings, Ekdesk With #MeToo emerging as a distinct risk category in M&A, buyers and their advisers must think about how to diligence these issues. Nearly a year after the Harvey Weinsteinstory broke, “Weinstein” and “#MeToo” reps are starting to appear in merger […]

By Douglas Yu  17-Sep-2018 – Last updated on 17-Sep-2018 at 12:21GMT Pic: Mike Mozart Hershey will acquire cheese puffs maker Pirate Brands from B&G Foods for $420m to strengthen its position as a better-for-you snacking leader. The soon-to-be acquired brands include Pirate’s Booty, smart Puffs and Original Tings brands. Hershey said the deal, which is expected to […]

AEG says its new ticket-resale technology will be more convenient for fans and offer teams and musicians more information on customers Singer Shania Twain, center, performs at Staples Center in Los Angeles in August. PHOTO: MARIO ANZUONI/REUTERS 6 COMMENTS By Anne Steele Sept. 14, 2018 6:36 p.m. ET One of the nation’s largest sports and entertainment companies is […]

Ride-hailing firm has been airing ad campaign to mend its reputation Rebecca Messina was a former marketing executive at Coca-Cola Co. PHOTO: UBER TECHNOLOGIES 5 COMMENTS By Suzanne Vranica Updated Sept. 10, 2018 12:05 p.m. ET Uber Technologies Inc. has hired its first global chief marketing officer, as the ride-hailing company continues to work on shoring up its […]

Unlike traditional drugmakers, compounders don’t need FDA approval for their versions of drugs on the market Imprimis Pharmaceuticals, a compounder, reached a deal with Express Scripts to make a $1 alternative to anti-parasite drug Daraprim after the list price for a tablet soared to $750 from $13.50 in 2015. PHOTO: JOEL MORILLO/PASSAGE PRODUCTIONS/ASSOCIATED PRESS 40 COMMENTS By Melanie […]

KEY POINTS J.P. Morgan’s top quant Marko Kolanovic predicts a “Great Liquidity Crisis” will hit financial markets, marked by flash crashes in stock prices and social unrest. The trillion-dollar shift to passive investments, computerized trading strategies and electronic trading desks will exacerbate sudden, severe stock drops, Kolanovic said. Central banks will be forced to make […]

Premium Brands Holdings Corporation Announces Acquisition of Ready Seafood Co. and the Expansion of its Seafood Group into the U.S. CNW GroupSeptember 4, 2018 VANCOUVER, Sept. 4, 2018 /CNW/ – Premium Brands Holdings Corporation (TSX:PBH.TO – News), a leading producer, marketer and distributor of branded specialty food products, announced today that it has signed a definitive agreement to purchase […]

In an internet age, why are companies pouring so much money into brick-and-mortar shops? Because the customers are still coming. The recently renovated home and accessories floor at the Tiffany & Co. flagship store on Fifth Avenue in New York. PHOTO: TIFFANY & CO. 16 COMMENTS By John D. Stoll Sept. 1, 2018 12:08 a.m. ET The famous […]

Coca-Cola is to buy the Costa coffee chain from owner Whitbread in a deal worth £3.9bn. Whitbread had intended to spin off the chain as a separate firm, but said a straight sale was more profitable. Chief executive Alison Brittain said Whitbread would now focus on its Premier Inn business in the UK and Germany. […]