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 ...
By Allison Lampert, Kanjyik Ghosh and Tim Hepher(Reuters) -Europe’s Airbus has finalised an agreement to take some assets from Spirit AeroSystems (NYSE:SPR), both companies said on Monday, completing a critical part of a transatlantic carve-up of the struggling supplier with U.S. rival Boeing (NYSE:BA).The U.S. planemaker agreed last year to buy back the world’s largest independent aerostructu ...
(Reuters) - Australia’s Bega Cheese said on Monday that the Supreme Court of New South Wales has dismissed a case filed by Fonterra over trademark licensing agreements and the New Zealand dairy firm’s divestment plan.Last November, Fonterra’s Australian units initiated proceedings against Bega Cheese, seeking a ruling that Fonterra’s divestment proposal would not impact the existing tradem ...
By Valentina Za and Gianluca SemeraroMILAN (Reuters) -Italy’s Mediobanca (OTC:MDIBY) struck back on Monday in its fight for independence with a 6.3 billion euro ($7.15 billion) offer for wealth manager Banca Generali (BIT:GASI) to be financed through its stake in insurer Generali.The stake that makes Mediobanca the biggest investor in Generali has long pitted the Milanese bank against two other ...