Investing.com-- Airbus Group SE (EPA:AIR) and Spirit AeroSystems (NYSE:SPR) said on Monday that they had signed a definitive agreement under which Airbus will acquire a slew of Spirit’s commercial aircraft assets in Europe and the United States. Airbus will take over select Spirit assets in the U.S., France, Morocco, and Northern Ireland which are linked to the former’s plane production. ...
TOKYO (Reuters) -Shares of Toyota Industries (OTC:TYIDF) were set for their biggest daily jump on record on Monday after Japanese automaker Toyota said it was considering a potential buyout of the key parts supplier, which has a market value of 4 trillion yen ($28 billion).Toyota Industries shares remained untraded with a glut of buy orders on Monday. The bid and ask indicated that their price w ...
By Trixie Yap, Siyi Liu and Chen AizhuSINGAPORE (Reuters) - Aster Chemicals and Energy, the new operator of the Bukom refining complex, is planning to bid for Exxon Mobil (NYSE:XOM)’s petrol stations in Singapore, five people with knowledge of the matter said, as the refiner seeks retail fuel sales outlets. The sale of the Exxon Mobil retail outlets is entering the formal bidding stage wi ...
Investing.com-- Stifel analysts have upgraded their rating on Jack In The Box Inc (NASDAQ:JACK) to "Buy" from "Hold" and raised their price target, citing the appointment of new CEO Lance Tucker as a positive step.Stifel raised its PT on the stock to $35 from $32, citing the company’s efforts to strengthen its financial position and focus on a more streamlined strategy, with plans to reduce debt ...