Category: Business News

Iconix Brand – ICON – To Acquire Umbro

NASDAQ: ICON) announced that it has signed a definitive agreement to acquire the Umbro® brand and related intellectual property assets from NIKE, Inc. for $225 million in cash.  The transaction is expected to close...

Yahoo’s Q3 Results Beat Estimates (YHOO)

Shares of internet company Yahoo! Inc. (NASDAQ: YHOO) leaped 4.57 percent in aftermarket trading hours on Monday after the company’s quarterly results topped Street’s estimates. Announcing fiscal third-quarter results after the evening bell ring,...

SanDisk Shares Rally on Q3 Results (SNDK)

Shares of data storage solutions provider, SanDisk Corporation (NASDAQ: SNDK) gained 2.71 percent on Friday after the company announced better than expected fiscal third-quarter earnings and revenue even as the management provided upbeat outlook...