Notable Mergers and Acquisitions 9/26: (CHMT) (ACN) (ACTA) (CBOE)/(BATS) (TRP)/(CPPL)
- Stocks and yen struggle as tech troubles weigh
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil steady as US demand concerns balance Middle East conflict risks
- Yen at multi-decade lows, dollar drops before US data
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Crude Inventory Declined 6.4 Million Barrels Last Week
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
BMO Capital Reiterates Outperform on TransCanada (TRP) Following Offer to CPPL
September 27, 2016 9:20 AM EDTBMO Capital reiterated an Outperform rating and $65.00 price target on TransCanada Corporation (NYSE: TRP) following an offer to acquire all outstanding units of its MLP, Columbia Pipeline Partners, for US$15.75/unit, or $848M. The transaction is subject to CPPL board and unitholder approval, as... More