Bacardi is buying Patron in deal that values the tequila company at $5.1 billion

Bacardi Limited will acquire the maker of Patron in a deal valued at $5.1 billion, the spirits company announced Monday. Patron is a well-known brand of ultra-premium tequila. Bacardi, which is known for its rum, took a minority stake in the brand’s parent...

Jefferies has 3 reasons why Texas Instruments can be a winner again this year

Jefferies just added Texas Instruments to its Franchise Pick List, telling clients that there are numerous ways to win on the chipmaker stock. As one of the top performers in the S&P 500 over the past 12 months, Texas Instruments has climbed 59 percent versus the...