Conservative · Stocks to Consider and Updates

Colgate-Palmolive to Buy Filorga

As part of its strategy to focus on its higher-margin oral care, personal care and pet nutrition businesses, and expanding its portfolio in premium skin care, Colgate-Palmolive Co. (NYSE: CL - $74.38) announced that it has agreed to acquire the Laboratoires Filorga Cosmétiques Skin Care Business for a purchase price of approximately $1.69 billion. Filorga… Continue reading Colgate-Palmolive to Buy Filorga

Aggressive · Stocks to Consider and Updates

Delta Beats Views; Ups Guidance and Raises Dividend

Atlanta-based Delta Air Lines (NYSE: DAL - $60.27) reported a 39.3% rise in quarterly profit as the second-largest U.S. carrier benefited from higher fares and flying fuller planes. On an adjusted basis, the airline earned $2.35 per share for the quarter compared to $1.77 in the second period of 2018. Analysts on average expected a profit of $2.28 per… Continue reading Delta Beats Views; Ups Guidance and Raises Dividend

Income · Stocks to Consider and Updates

Cisco Systems Agrees to Buy Acacia Communications

Cisco Systems. Inc. (NASDAQ: CSCO - $56.54) said it agreed to buy Acacia Communications, Inc. for about $2.6 billion, in a deal that boosts Cisco's optical networking portfolio. Acacia, of Maynard, Mass., delivers high-speed coherent optical interconnect products, relied upon by cloud infrastructure operators and content and communication service providers. Customers include leading network equipment manufacturers and… Continue reading Cisco Systems Agrees to Buy Acacia Communications

Aggressive · Stocks to Consider and Updates

Applied Materials to Acquire Kokusai Electric

Applied Materials, Inc. (NASDAQ: AMAT - $45.43) announced a definitive agreement to acquire all outstanding shares of Kokusai Electric Corp. for $2.2 billion in cash from global investment firm KKR. Kokusai Electric is a leading company in providing high-productivity batch processing systems and services for memory, foundry and logic customers and complement Applied's leadership portfolio… Continue reading Applied Materials to Acquire Kokusai Electric