Month: May 2011

Mergers & Acquisitions

Pure Industrial Real Estate Trust Announces Agreement to Acquire Industrial Property

May 31, 2011 0

Pure Industrial Real Estate Trust Announces Agreement to Acquire Industrial Property PR Newswire VANCOUVER, May 31, 2011 TSX Venture Exchange – AAR.UN VANCOUVER , May 31, 2011 /PRNewswire/ – Pure Industrial Real Estate Trust (“PIRET” or the “REIT”) (TSXV: AAR.UN) today announced that it has entered into an agreement to acquire a fully leased single tenant income producing industrial property on a sale leaseback transaction for a purchase price of $3,104,000 . The property is located at 20-30 Milburn Road, Stoney Creek, Ontario , has a total rentable area of 62,098 sq.ft., and is situated on 2.61 acres. The property is 100% leased to a single tenant, Kromet International Inc […]

Stock Analysts

Philip Morris’ Smoking Option (PM) (RAI)

May 31, 2011 0

Philip Morris ( PM ) bought the patent and global rights to an aerosol nicotine-delivery system developed by Jed Rose, director of Duke’s Center for Nicotine and Smoking Cessation Research. The new technology delivers nicotine to users' lungs but doesn't involve smoking. […]

Stock Analysts

Meet Kevin Cook (AA) (AAPL) (CAT) (CHK) (CME) (ETN) (F) (FCX) (GOOG) (IBB) (MRO) (OXY) (SNDK) (SU) (VECO)

May 31, 2011 0

Hello fellow investors! My name is Kevin Cook and I just joined the Zacks.com team as a Senior Stock Strategist. I can't wait to share with you all the ways we can work together to not simply survive in this market, but to thrive in it! But, first things first…I want you to know a few things about my background and lessons learned over the years that prepared me to become a huge fan of the Zacks Rank stock rating system and related trading methods. Then we'll top it off with my current view of the market along with some strategies and picks to outperform […]

Stock Analysts

AngioDynamics Boosts VenaCure (ANGO) (BCR) (BSX)

May 31, 2011 0

Therapeutic and diagnostic devices maker AngioDynamics ( ANGO ) has expanded its VenaCure EVLT laser vein treatment with the launch of a new procedure kit. The new 90 centimeter (cm) NeverTouch kit features a longer TRE-Sheath introducer to gain vascular access above the ankle for treating varicose veins (abnormally swollen veins), a condition affecting more than 40 million Americans annually. The availability of the 90 cm procedure kit will offer physicians more options, enabling them to provide tailor-made treatments according to each patient's needs. […]

Mergers & Acquisitions

VAALCO Energy Purchases Bakken Acreage

May 31, 2011 0

VAALCO Energy Purchases Bakken Acreage PR Newswire HOUSTON, May 31, 2011 HOUSTON , May 31, 2011 /PRNewswire/ — VAALCO Energy, Inc. (“VAALCO”) (NYSE: EGY) today announced the purchase from a privately held company of a 70% working interest in 5,214 acres in Sheridan County, Montana . The acreage directly adjoins the Flat Lake Field which successfully produces from the Middle Bakken formation. […]

Mergers & Acquisitions

Equifax do Brasil, Boa Vista Merge Operations, Creating Premier Credit Information Company

May 31, 2011 0

Equifax do Brasil, Boa Vista Merge Operations, Creating Premier Credit Information Company Combined Entity Has More Than 30,000 Customers, 125 Million Consumer and Business Files PR Newswire ATLANTA and SAO PAULO, May 31, 2011 ATLANTA and SAO PAULO , May 31, 2011 /PRNewswire/ — Equifax do Brasil Ltda. announced today that it has completed a transaction to merge its operations with Boa Vista Servicos S.A., creating a company with a significantly larger presence, deeper resources and expanded capabilities that will bring the most comprehensive credit information solutions to the Brazilian business community. Under the agreement, Equifax will combine its leading commercial credit intelligence and data operations with Boa Vista, the second largest consumer credit bureau in Brazil , to create a premier provider of consumer and commercial credit data and insights in the country […]