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Essilor To Merge With Luxottica In $49 Bln Deal Market News 

Essilor To Merge With Luxottica In $49 Bln Deal

Essilor To Merge With Luxottica In $49 Bln Deal Essilor To Merge With Luxottica France-based optical-lens maker Essilor International SA (EL), Delfin and Ray-Ban maker Luxottica Group (LUX) Monday announced their plan to merge in a deal valued around $49 billion. Essilor would become a holding company with the new name “EssilorLuxottic.” The Luxembourg based Delfin Sarl, the holding company of Del Vecchio family, owns Luxottica. Delfin has agreed to offer shares in Luxottica to Essilor on an exchange ratio of 0.461 Essilor share for one Luxottica share. Other Stories…

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IPO Watch: Canada Goose May Be Very Stylish This Winter Market News 

IPO Watch: Canada Goose May Be Very Stylish This Winter

IPO Watch: Canada Goose May Be Very Stylish This Winter Luxury coat maker Canada Goose Inc. Is reportedly planning for an initial public offering or IPO within next three months. The Toronto based winter-apparel maker aims for a valuation of up to $2 billion and to raise up to $300 million through IPO. Bain Capital owns majority of stake in Canada Goose since 2013. The company started as Metro Sportswear Ltd in Toronto in 1957 has been dealing with woollen vests, other Stories Buz Traders Folow FTSE 100 BREAKS 14-DAY…

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ndividual movers: Pound weakness in recent months has pushed up shares of multinational companies, as the profit they make overseas is beefed up when it’s converted into pounds. Among such multinationals, shares of consumer goods products makers Reckitt Benckiser Group PLC RB., +1.61% RBGLY, -0.14% and Unilever PLC ULVR, +0.58% UL, -0.26% rose 1.6% and 0.6% on Monday, respectively. Luxury-goods maker Burberry Group PLC BRBY, +1.61% BURBY, +1.94% added 1.6%. Burberry on Monday said Marco Gobbetti, currently CEO and chairman of Céline, will join Burberry on Jan. 27 and will become chief executive in July. But the prospect of a hard Brexit was weighing on shares of some banks, which rely on passporting rules that allow them to more easily conduct business throughout the EU. Barclays PLC BARC, -1.76% BCS, -0.09% fell 1.8% and Lloyds Banking Group PLC LLOY, -2.04% LYG, -1.51% gave up 2%. Separately, Royal Bank of Scotland Group RBS, -2.80% RBS, +0.00% lost 2.8% after Goldman Sachs downgraded the lender’s rating to neutral from buy in a note discussing valuations in the European banking sector. Market News 

FTSE 100 Breaks 14-Day Winning Streak

UK FTSE 100 Stock Market Index Buz Investors uk-ftse-100 The FTSE 100 declined by 11 points, or 0.2%, to close at 7,327 on Monday as investors awaited a speech by UK’s Prime Minister Theresa May on Tuesday afternoon in which she is expected to unveil the approach the administration will take to Brexit. It was the first session since December 21st that the index finished in the red. Banking stocks were among the worst performers with Royal Bank of Scotland declining the most. Historically, the UK FTSE 100 Stock Market…

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Buz Investors SpaceX Back into Orbit SpaceX news over the past few months has usually been on the disappointing side. However, that is going to change now with what the company did on early Saturday morning. Market News 

SpaceX News: This Launch Puts Elon Musk’s SpaceX Back into Orbit

SpaceX News: This Launch Puts Elon Musk’s SpaceX Back into Orbit Buz Investors SpaceX Back into Orbit SpaceX news over the past few months has usually been on the disappointing side. However, that is going to change now with what the company did on early Saturday morning. On Saturday, Elon Musk’s SpaceX successfully accomplished the “Iridium-1” mission by launching its 10 communication satellites. SpaceX’s “Falcon 9” rocket delivered 10 satellites to low-Earth orbit for Iridium Communications Inc (NASDAQ:IRDM),  global leader in mobile voice and data satellite communications. These 10 satellites are…

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BUz Investors FB Stock Chart My bearish views on Facebook Inc (NASDAQ:FB) stock are proving to be ill-founded, because the price is failing to agree with my views. To add salt to my wound, Facebook stock is increasing as bearish signals have continued to mount. Market News 

Facebook Inc: This $FB Stock Chart Is a Must-See

Facebook Inc: This FB Stock Chart Is a Must-See BUz Investors FB Stock Chart My bearish views on Facebook Inc (NASDAQ:FB) stock are proving to be ill-founded, because the price is failing to agree with my views. To add salt to my wound, Facebook stock is increasing as bearish signals have continued to mount. So, as a result, I have little choice but to stand back from my bearish view and assume a neutral bias on FB stock. The reason why I cannot assume a bullish bias is that a bearish view might…

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Peak Provides Update on Operations and Outlook for 2017 Market News 

Peak Provides Update on Operations and Outlook for 2017

Peak Provides Update on Operations and Outlook for 2017 Peak Positioning Technologies Inc. (CSE: PKK) (“Peak” or the “Company”) today provided the following update on its operations and outlook for 2017. Peak began to show its revenue potential in the latter part of Q3 2016 when Asia Synergy Technologies (“AST”), Peak’s Chinese operating subsidiary, conducted its first transactions. That momentum carried over through to the end of Q4 with more transactions and the addition of new clients to the Gold River materials trading and financial services platform during the quarter….

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Buz Investors Bullish on Tesla Motors (NASDAQ:TSLA) has entered 2017 off of an upbeat quarter, which could help the company’s share price make bigger moves in this new year. In fact, there are three fundamentals that could drive Tesla stock (TSLA stock) through the roof now that it has shaken the pessimism of 2016. Market News 

$TSLA Stock: 3 Reasons to be Bullish on Tesla Motors Inc in 2017

TSLA Stock: 3 Reasons to be Bullish on Tesla Motors Inc in 2017 Buz Investors  Bullish on Tesla Motors  (NASDAQ:TSLA) has entered 2017 off of an upbeat quarter, which could help the company’s share price make bigger moves in this new year. In fact, there are three fundamentals that could drive Tesla stock (TSLA stock) through the roof now that it has shaken the pessimism of 2016. Last year’s volatility set the stage for an enormous bullish run on TSLA stock. The electric carmaker was going through a period of transformational…

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Buz Investors NFLX Stock Prices (NASDAQ:NFLX) has been sizzling on the stock chart, reaching a historical high on January 6, driven by massive expectations that try to support the ambitious valuation. NFLX stock is pricing in another strong quarter of growth, as the provider of streaming video reports its Market News 

Netflix, Inc.: NFLX Stock Prices in Massive Growth

Netflix, Inc.: NFLX Stock Prices in Massive Growth Buz Investors NFLX Stock Prices (NASDAQ:NFLX) has been sizzling on the stock chart, reaching a historical high on January 6, driven by massive expectations that try to support the ambitious valuation. NFLX stock is pricing in another strong quarter of growth, as the provider of streaming video reports its earnings on Wednesday, January 18. The results better be above the consensus, given that NFLX stock trades at a whopping 358 times trailing earnings per share (EPS) and 141 times its 2017 EPS. NFLX…

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Buz Investors Coup Against Apple Silicon Valley, it’s a dog-eat-dog world. That’s at least how Tesla Motors Inc (NASDAQ:TSLA) is playing the game. Tesla stock was up two percent as of late morning trading on Friday, but more importantly, the company just stole one of the biggest engineering names in the business from Apple Inc. (NASDAQ:AAPL). Market News 

Tesla Stock: Tesla Just Pulled Off a Major Coup Against Apple

Tesla Stock: Tesla Just Pulled Off a Major Coup Against Apple Buz Investors  Coup Against Apple  Silicon Valley, it’s a dog-eat-dog world. That’s at least how Tesla Motors Inc (NASDAQ:TSLA) is playing the game. Tesla stock was up two percent as of late morning trading on Friday, but more importantly, the company just stole one of the biggest engineering names in the business from Apple Inc. (NASDAQ:AAPL). Chris Lattner may not have much fame in the outside world, but in the self-contained bubble of Palo Alto, the guy is a big…

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Buz Investors NFLX Stock Is About to Receive (NASDAQ:NFLX) was up 2.23% by late morning trading on Friday, as analysts project a strong fourth-quarter earnings report to release next week. Expect NFLX stock to see either a boost or slide as the Q4 report will be released after closing on January 18. Market News 

Netflix, Inc.: NFLX Stock Is About to Receive Some Big News

Netflix, Inc.: NFLX Stock Is About to Receive Some Big News Buz Investors NFLX Stock Is About to Receive  (NASDAQ:NFLX) was up 2.23% by late morning trading on Friday, as analysts project a strong fourth-quarter earnings report to release next week. Expect NFLX stock to see either a boost or slide as the Q4 report will be released after closing on January 18. NFLX stock has had a pretty good run in 2017 so far. Besides rising by about 6.5% since the year began, the Golden Globes saw Netflix’s new hit…

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