Shares of Arcos Dorados Holdings, a large South American franchisee of fast-food chain McDonald’s, rose 27 percent in their stock market debut as investors clamored for exposure to the famous brand in a region with booming consumer spending. Get the full story »
Inside these posts: shares
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WMS Industries shares fall 9% on lower Q3
Slot machine maker WMS Industries forecast a weak third quarter that fell short of analysts’ estimates, as demand fell, sending shares down 9 percent after the bell. Get the full story »
Expedia shares gain on TripAdvisor spin-off plan
Shares of Expedia rose 13 percent Friday as analysts hailed the online travel agency’s TripAdvisor separation plan as a way to unlock potential value. Get the full story »
EBay to buy GSI in $2.4 billion deal
EBay plans to buy e-commerce company GSI Commerce for $1.96 billion in cash in a bid to draw more buyers and sellers to its online marketplaces and win more business from large store chains. Get the full story »
ADM shares slide as analyst trims rating
Archer Daniels Midland Co.’s stock slipped Friday as an analyst downgraded the agribusiness conglomerate, saying the current operating environment may miss near- and intermediate-term expectations. Get the full story »
RIM shares fall after weaker-than-expected outlook
Research In Motion’s net profit jumped 32 percent in quarterly profit, but it issued a weaker-than-expected outlook as it pumped money into the launch of its PlayBook tablet computer. Get the full story »
Harris Bank parent aims for five-fold profit jump
Bank of Montreal aims to more than quintuple annual earnings from its U.S. operations, following the $4.1 billion acquisition of U.S. lender Marshall & Ilsley. Get the full story »
AIG pays more funds back; TARP recovery at 70%
American International Group repaid another $6.9 billion of its bailout on Tuesday, the U.S. Treasury said.
With that payment, the Treasury said it has now recovered 70 percent of the $411 billion distributed under the crisis-era Troubled Asset Relief Program, or TARP. Get the full story »
Sauer Danfoss stock surges on Q4 profit
Shares of Sauer-Danfoss surged 28 percent on Thursday, a day after the maker of hydraulic and electronic systems for mobile equipment swung to a profit and forecast a strong 2011. Get the full story »
Boeing shares gain after surprise tanker win
Shares of Boeing gained 4 percent in premarket trade on Friday after the company won a $30 billion contract for 179 new U.S. Air Force refueling planes a day earlier.
The win for Boeing came as a surprise to many industry watchers who expected rival EADS to win the contract. Get the full story »
Raw material costs hit Nalco; shares dip
Water treatment services company Nalco Holding Co. said it will continue to be hit by higher raw material prices in the first half of 2011.
Naperville, Illinois-based Nalco, which forecast weak earnings for 2011 on Tuesday, saw its shares fall 11 percent to $27.63 on Wednesday — their lowest in three months. Get the full story »
BioSante to sell $18M of securities to investors
Lincolnshire-based BioSante Pharmaceuticals has signed a $18 million deal with several investors to sell 10.6 million shares of its common stock. Get the full story »
Aon to bid $86 million for South Africa’s Glenrand
Aon Corp. will bid as much as $86 million to buy South African insurance firm Glenrand MIB Ltd., giving the world’s largest insurance broker a bigger presence in Africa’s top economy. Get the full story »
Huron settles lawsuit for $38M, takes Q4 charge
Huron Consulting Group said it agreed to settle a securities lawsuit for $38 million and expects to take a related non-cash charge of about $11 million in the fourth quarter. Get the full story »
