Honeywell’s $1.81B Power Play

Shivani Kumaresan | July 10, 2024

Honeywell International Inc (NASDAQ:HON) has agreed to acquire Air Products And Chemicals, Inc.’s (NYSE:APD) liquefied natural gas (LNG) process technology and equipment business for $1.81 billion in an all-cash transaction. This acquisition, which is approximately 13 times the estimated 2024 EBITDA, will significantly enhance Honeywell’s energy transformation offerings. The acquisition will enable Honeywell to offer […]

Why Food Processing Firm TreeHouse Foods Shares Are Diving Today

Shivani Kumaresan | May 6, 2024

TreeHouse Foods Inc (NYSE:THS) shares are trading lower after the company’s first-quarter revenue declined 3.9% and the adjusted EPS missed the consensus. The company reported a first-quarter FY24 sales of $820.70 million, beating the analyst consensus estimate of $797.18 million. The revenue decrease was primarily driven by unfavorable volume/mix due to planned distribution exits primarily in coffee and in-store bakery categories, as […]

Game-Changing Deal: eBay, Collectors Ink Agreement To Boost Trading Card Hobby

Shivani Kumaresan | April 10, 2024

eBay Inc (NASDAQ:EBAY) has entered into a definitive agreement for a series of transactions with Collectors, the parent company of PSA, the third-party authentication and grading provider in the collectibles industry. The agreements include a commercial agreement, the sale of Goldin from Collectors to eBay, and the sale of the eBay vault from eBay to PSA. The financial […]

Health On Demand: Uber Eats Partners With The Vitamin Shoppe

Shivani Kumaresan | April 4, 2024

Uber Technologies Inc (NYSE:UBER) has entered into a new nationwide partnership with The Vitamin Shoppe, bringing the New Jersey-based health and wellness retailer’s selection to the Uber Eats app. About 700 locations of The Vitamin Shoppe and Super Supplements are now available for ordering on Uber Eats across the U.S. The Vitamin Shoppe and Super Supplements stores offer […]