Company news for December 24, 2013 - Corporate Summary


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•    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

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

This article appears in: Investing , Business , Investing Ideas , Stocks
More Headlines for: DIS , JOSB , STX , TAM , TWTR

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