Month: July 2011

Mergers & Acquisitions

BMO Financial Group Completes Acquisition of Marshall & Ilsley Corporation

July 5, 2011 0

BMO Financial Group Completes Acquisition of Marshall & Ilsley Corporation BMO Harris Bank is open for business and commits an additional US$5 billion to business customers PR Newswire TORONTO, MILWAUKEE and CHICAGO, July 5, 2011 TORONTO , MILWAUKEE and CHICAGO , July 5, 2011 /PRNewswire/ — Bank of Montreal (TSX, NYSE: BMO) today announced that it has completed the acquisition of Milwaukee -based Marshall & Ilsley Corporation (M&I). M&I Bank is combining with Harris Bank to form BMO Harris Bank N.A., part of BMO Financial Group. Customers will begin to see the new BMO Harris Bank name as the systems integration is completed over the next eighteen months. […]

Mergers & Acquisitions

Dana Completes Two Agreements for Growth in Emerging Markets

July 5, 2011 0

Dana Completes Two Agreements for Growth in Emerging Markets Company Increases Equity Stake in China- and India-Based Operations PR Newswire MAUMEE, Ohio, July 5, 2011 MAUMEE, Ohio , July 5, 2011 /PRNewswire/ — Dana Holding Corporation (NYSE: DAN) announced today that it has completed two transactions that will enhance its position for further growth in the emerging markets of China and India . Dana has increased its stake in Dongfeng Dana Axle Co., Ltd. (DDAC), a China -based commercial-vehicle axle joint venture, to 50 percent […]

Fast Money Episodes

Options Action: Chevron

July 5, 2011 0

[cnbc 3000031625] Mike Khouw, Options trade, explains why he is bullish on Chevron stock. “This is an interesting trade betting the stock could rise sharply over the next 228 days,” he adds. […]

Stock Analysts

CBG Completes ING Division Purchase (CBG) (ING)

July 5, 2011 0

CB Richard Ellis Group, Inc. ( CBG ) recently announced that it has acquired ING Clarion Real Estate Securities (CRES) from Netherlands-based ING Groep NV ( ING ). The acquisition was fun ded by a comb ination of cash and borrowings under its secured credit facility and the company also raised a new debt of approximately $800 million for this purpose in March 2011. […]

Stock Analysts

Copel: Tariff Adjustment (CIG) (ELP) (ENI)

July 5, 2011 0

Companhia Paranaense de Energia ( ELP ), also known as COPEL, recently announced that the company has been granted approval for an average tariff adjustment of 5.55% by the National Electric Power Agency (ANEEL), Brazil’s Electricity Regulatory Agency. The company also added that the tariff adjustment was approved through a resolution 1,158 of June 21, 2011 and includes annual adjustment of 5.77% and (0.22%) related to the relevant financial components. The 5.55% tariff adjustment will have 2.99% average effect on captive consumers […]

Stock Analysts

Wisconisin Adopts athenahealth EHR (ATHN) (MDRX) (QSII)

July 5, 2011 0

Medical billing and records software provider athenahealth Inc ( ATHN ) has been chosen as a vendor for electronic health record (“EHR”) solutions by Wisconsin Health Information Technology Extension Center (“WHITEC”). WHITEC is the designated regional extension center (“REC”) for Wisconsin. It is responsible for assisting health care providers across the state in the adoption and implementation of EHR systems and helping them to become the meaningful users of EHR and qualify for the federal incentive program offered by the HITECH Act. […]