Posted in company, funds, sectors, tickers

Business Deals

FedEx Corp (FDX) wants to merge its air fleet with Dutch company TNT Express NV for $4.9 billion. The European Union’s competition regulator is to decide by August 3.

Ahold NV (AHONY) repurchased 231,000 of its common shares at $18.64 in May. Total proceeds of $4.31 million for the European and U.S. food store mark the beginning of a 500 million share buyback program announced in February.

Netflix Inc (NFLX) and its board members approved a 7-for-1 stock split as of July 14. Shares rose 2.9% or $19.86 to $701.05 in one day and eased back to $653.32, or up +91.14% year to date.

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