ClubCorp Holdings Expands Network of Private Clubs

ClubCorp Holdings Expands Network of Private Clubs

ClubCorp Holdings, which runs private clubs, said early Wednesday it acquired Medina Golf & Country Club, a formerly member-owned private club, in Minneapolis. This is the first club in Minnesota for ClubCorp, expanding the company’s presence to 28 states, it said in a statement. ClubCorp plans to spend more than $2.5 million over the first two years to reinvent the club bringing new contemporary features, plus improve the facilities. “As […]

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Ford Motor Partners with Deutsche Post

Ford Motor Partners with Deutsche Post

Shares of Ford Motor were higher nearly 1% in pre-market trade Wednesday after Deutsche Post said its StreetScooter unit formed a partnership with Ford-Werke GmbH to build electric delivery vehicles. The companies said the new vehicles will be based on the chassis of the Ford Transit and will be equipped with a battery-electric drive train. Production of the new vehicles is slated to begin in July with plans to have […]

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Sun Life Financial Upgraded by RBC

Sun Life Financial Upgraded by RBC

Sun Life Financial received an investment-rating upgrade Wednesday from RBC Capital Markets to an outperform rating from sector perform, as the firm said it is seeing signs of improvement at the financial-services company’s MFS Investment Management unit and believes the stock’s valuation is attractive. The firm kept its price target on the stock at CAD51, which compares with a Tuesday closing price of CAD43.83 or the company’s Canadian shares. It […]

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DICK’S Sporting Goods to Open Five New U.S. Stores

DICK’S Sporting Goods to Open Five New U.S. Stores

DICK’S Sporting Goods shares were up almost 1% Thursday after the sporting goods retailer said it will open four new stores in Florida and one new store in California. With these new stores, the company said it will have 702 locations in the US. The company added it will hire 350 workers for the five new stores. Separately, the company said it and its DICK’s Team Sports HQ youth sports […]

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Varian Medical Systems Wins Order

Varian Medical Systems Wins Order

Varian Medical Systems shares were barely higher Wednesday after the company said it won an order from the oncology center at King Chulalongkorn Memorial Hospital in Bangkok, Thailand for its ProBeam Compact single-room proton therapy system. Financial terms weren’t disclosed. The company got the contract through its distributor Business Alignment and will book the order for the equipment in Q3 of this fiscal year, it said in a statement on […]

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