Company News For Sep 26, 2017

GE UL GPC AZZ

  • Shares of Genuine Parts Co. (GPC - Free Report) surged almost 6% after the company entered into an agreement to acquire Alliance Automotive Group for $2 billion in cash
  • General Electric’s (GE - Free Report) shares increased about 1% after the company sold its Industrial Solutions business unit to ABB — a Swiss company, for $2.6 billion
  • Shares of Unilever PLC (UL - Free Report) gained 0.1% after the company entered into an agreement Carver Korea for $2.7 billion in cash
  • AZZ Inc.’s (AZZ - Free Report) shares tanked 7.4% after the company lowered its EPS outlook for FY 2018 to $1.80-$2.30 from $2.60-$3.10 initially 

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