Month: July 2011

Mergers & Acquisitions

GETRAG Sells its Axle Business

July 28, 2011 0

GETRAG Sells its Axle Business PR Newswire UNTERGRUPPENBACH, Germany, July 28, 2011 UNTERGRUPPENBACH, Germany , July 28, 2011 /PRNewswire/ — GETRAG today announces its agreement to sell the entire Axle Business to GKN plc, the UK-based global engineering company. At the same time, the co-shareholders Dana Holding Corporation and Volvo Car Corporation sell their respective shares in the corresponding companies. […]

Momentum Stocks

Dillard's, Inc. (DDS) – Bull of the Day (DDS)

July 28, 2011 0

Dillard's, Inc. ( DDS ) first-quarter 2011 earnings of $1.27 per share beat the Zacks Consensus Estimate of $0.91 and surged approximately 84% from the prior-year quarter on the heels of strong comparable store sales growth coupled with efficient inventory management. […]

Stock Analysts

Electronic Arts’ 1Q Disappoints (ATVI) (ERTS) (TTWO)

July 28, 2011 0

Video game developer and publisher Electronic Arts ( ERTS ), better known as EA, reported first quarter 2012 results, which was worse than the Zacks Consensus Estimate of a loss of 45 cents per share. EA’s non-GAAP loss (excluding one-time items but including stock-based compensation) of 49 cents per share was much wider than 38 cents per share reported in the prior-year quarter. This was, however, in line with the high end of management’s guided range of a loss of 49 cents to 44 cents […]

Mergers & Acquisitions

Berkery Noyes Releases First Half 2011 M&A Report for Private Equity in the Information Industry

July 27, 2011 0

Berkery Noyes Releases First Half 2011 M&A Report for Private Equity in the Information Industry PR Newswire NEW YORK, July 27, 2011 NEW YORK , July 27, 2011 /PRNewswire/ — Berkery Noyes , the leading independent investment bank specializing in the information, content and technology industries, today released its Half Year Mergers and Acquisitions Trends Report for Private Equity in the Information Industry. The report analyzes merger and acquisition activity in the private equity market over the first half of 2011 and compares it with activity in the four previous sixth-month periods. Berkery Noyes includes in this report transactions made by financially sponsored acquirers within the Information Industry, including purchases made by subsidiaries or platforms of private equity firms […]