Company news for December 24, 2013 - Corporate Summary

By
A A A

•    Shares of Seagate Technology PLC (NASDAQ: STX ) rose more than 0.6%, after the company revealed it was purchasing Xyratex Ltd. (NASDAQ: XRTX ) for nearly $374 million. Following the announcement, Xyratex shares also rose, by 27%

•    Taminco Corp (NYSE: TAM ) disclosed it would widen its product range by purchasing the formic acid division of Kemira Chemicals, Inc. for about 140 million euros or $191 million.

•    Shares of The Men's Wearhouse, Inc. (NYSE: MW ) dropped nearly 1%, after Jos. A. Bank Clothiers Inc. (NASDAQ: JOSB ) rejected Men's Wearhouse's $1.5 billion purchase proposal.

•    The Walt Disney Company (NYSE: DIS ) has said Twitter Inc. (NYSE: TWTR ) co-founder Jack Dorsey will join its board as an independent member



DISNEY WALT (DIS): Free Stock Analysis Report

JOS A BANK CLTH (JOSB): Free Stock Analysis Report

MENS WEARHOUSE (MW): Free Stock Analysis Report

SEAGATE TECH (STX): Free Stock Analysis Report

TAMINCO CORP (TAM): Free Stock Analysis Report

TWITTER INC (TWTR): Free Stock Analysis Report

XYRATEX LTD (XRTX): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Business , Investing Ideas , Stocks

Referenced Stocks: DIS , JOSB , STX , TAM , TWTR

Zacks.com

Zacks.com

More from Zacks.com:

Related Videos

Stocks

Referenced

Most Active by Volume

11,463,791
  • $27.72 ▼ 12.17%
8,486,676
  • $8.20 ▲ 2.24%
7,715,531
  • $100.55 ▲ 0.02%
6,246,525
  • $15.49 ▲ 0.26%
5,463,914
  • $5.17 ▲ 13.13%
4,428,054
  • $2.70 ▼ 3.91%
4,303,362
  • $11.29 ▼ 2.84%
3,881,210
  • $12.44 ▲ 7.33%
As of 8/20/2014, 09:56 AM

Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com