div > div.group > p:first-child"> Goldman Sachs — The investment bank reported quarterly profit of $5.71 per share, beating the consensus estimate of $4.89. Revenue fell short of forecasts, however. Goldman also increased its quarterly dividend to 85 cents per share from 80 cents a share.
Catalent — Catalent announced a deal to buy closely held Paragon Bioservices for $1.2 billion in cash. The contract drug manufacturer will expand its presence in gene therapy drugs with the acquisition of Paragon. Anheuser-Busch InBev — The beer brewer has added Citigroup and Bank of America to its roster of banks working on a $5 billion Asian initial public offering, according to Reuters. Morgan Stanley and JPMorgan Chase area already participants in the deal.
American Airlines — The airline extended cancellations of flight's involving Boeing's 737 Max jet through August 19, affecting about 115 flights per day. Apple — Apple is spending"hundreds of millions" of dollars on new video games for its upcoming Arcade subscription service, according to a report in the Financial Times.
The best deal will be $BA at open
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Walgreens and CVS stocks look like tempting values, but investors may be swallowing a bitter pillWalgreens and CVS stocks look like tempting values, but investors may be swallowing a bitter pill (via philipvandoorn)
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