10:45 PM New York – Cargill agreed to acquire Norway-based Ewos for about $1.5 billion. Liberty Interactive agreed to acquire Zulily for $ $2.4 billion. Accenture agreed to buy consulting unit of Schlumberger for an undisclosed amount. Agilent net plunged 30%. Estee Lauder net tumbled 41%. Urban Outfitters net slid.
Tollbooth Index edged up 1.26 to 10,927.30.
Agilent Technologies Inc
) rose 2 cents to $38.84 after the measurement equipment maker reported revenues in the third-quarter ending in July edged up 1% to $1.01 billion from a year ago period.
Net income in the quarter plunged 30% to $103 million or 31 cents per diluted share compared to $147 million or 43 cents from the same quarter last year.
For the fourth-quarter, the company forecasted revenues in the range of $1.03 billion to $1.05 billion and non-GAAP earnings per share between 45 cents and 49 cents.
) gained 6 cents to $103.45 after the Ireland-based technology and outsourcing services provider agreed to acquire Schlumberger Business Consulting, the management consulting unit of Schlumberger for undisclosed amount.
, the privately held food and poultry products maker agreed to acquire Norway-based Ewos, fish feed maker for about $1.50 billion or €1.35 billion from private equity firms Altor and Bain Capital.
The transaction is expected to close before the end of this year.
Estee Lauder Companies Inc
) declined 6.8% or $6.07 to $82.80 after the skin care and hair care products maker reported revenues in the fourth-quarter ending in June plunged 7.7% to $2.52 billion form a year ago period.
Net income in the quarter tumbled 41% to $153 million or 40 cents per diluted share compared to $257.7 million or 66 cents from the same quarter last year.
The company forecasted net sales for the first-quarter to increase between 13% and 14% and diluted earnings per share in the range of 66 cents to 69 cents.
For the year, the company estimated revenues to jump between 8% and 10% and diluted earnings per share in the range of $3.10 to $3.17.
Liberty Interactive Corp
) decreased 1.9% or 59 cents to $29.80 after the on-line home shopping company agreed to acquire internet retailer Zulily Inc for about $$2.4 billion or $18.75 per share, representing a 49% premium to closing price of $12.57 last Friday.
Zulily surged 44.6% to $18.74.
Urban Outfitters, Inc
) slipped 1% or 34 cents to $32.23 after the lifestyle specialty retailer said total sales in the second-quarter ending on July 1 increased 7% to $867.5 million from a year ago period.
Net sales in comparable retail segment soared 14% at Free People chain, 4% at Urban Outfitters chain and 2% at Anthropologie chain.
Wholesale segment net sales surged 21%.
Net income in the quarter slid 1% to $66.8 million or 52 cents per diluted share compared to $67.5 million or 49 cents from the same quarter last year.