NEW YORK (TheStreet) -- Customer care services provider APAC Customer Services( APAC) has agreed to be bought by One Equity Partners, the private investment arm of JPMorgan Chase (JPM) - Get JPMorgan Chase & Co. (JPM) Report in a deal worth about $470 million.
One Equity Partners will pay APAC stockholders $8.55 a share in cash, which represents a premium of about 57% over APAC's closing share price on Wednesday.
APAC shares were jumping by 55.5% to $8.46 in premarket trading Thursday and JPMorgan shares were up 1.1% to $41.
Aircraft parts provider
reported fourth-quarter earnings from continuing operations of 55 cents a share, beating the average analyst estimate of 46 cents. The company reported earnings from continuing operations of 31 cents a share a year ago.
Shares were popping by 9.6% to $31.43.
plans for a takeover of
British Sky Broadcasting
may be delayed or stopped amid accusations that News Corp.'s
News of the World
newspaper hacked into the phones of family members of British soldiers killed in Iraq and Afghanistan, murder victims and terrorist victims.
Shares were dipping 2.5% to $17.50.
New York Stock Exchange Euronext
are expected to
the company's merger agreement with
Thursday. The merger agreement was announced in February, with NYSE shareholders receiving an exchange of shares valued at roughly $9.5 billion, with Deutsche Boerse shareholders controlling 60% of the combined company.
NYSE shares were rising 1.4% to $34.84.
Global payments company
is expecting slower revenue growth next year because of a U.S. regulatory
on debit card processing fees.
Visa shares were down 0.8% to $87.50.
A federal judge
to have online retailer
stop using the phrase "App Store."
Apple shares were up 0.7% to $354.20.
, the warehouse retailer, said comparable-store sales in June rose 14%,
Costco shares were trading sideways at $82.70.
is in talks to buy medical technology company
( KCI) for about $5 billion,
The Wall Street Journal
reported, citing a person close to the matter. If the deal closes, it would make it one of the
leveraged buyouts since the financial crisis, the newspaper said.
-- Written by Andrea Tse in New York.
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