Month: April 2012

HET Communications Announces Expansion of Services in Nation’s Capital Region

April 11, 2012 0

HET Communications Announces Expansion of Services in Nation’s Capital Region www.hetcommunications.com PR Newswire WASHINGTON, April 11, 2012 WASHINGTON , April 11, 2012 /PRNewswire-iReach/ — After successfully providing the Washington, D.C. area’s top business addresses with a full spectrum of Executive Support Services, HET Communications recently announced that it will provide Image Consulting Services to the Nation’s Capital Region. The tough economic climate provided an opportunity for HET Communications to formally add these services to its offering […]

Mergers & Acquisitions

Resolute Energy Corporation Announces Acquisition and Disposition of Aneth Field Interests

April 11, 2012 0

Resolute Energy Corporation Announces Acquisition and Disposition of Aneth Field Interests – Acquired Additional Working Interests in Aneth Field from Denbury Resources Inc. – – Entered into Agreement with Navajo Nation Oil and Gas Company to Sell Certain Interests in Aneth Field – – Earnings Call Scheduled for May 7, 2012 – PR Newswire DENVER, April 11, 2012 DENVER , April 11, 2012 /PRNewswire/ — Resolute Energy Corporation (“Resolute” or the “Company”) (NYSE: REN) today announced that it has entered into two transactions regarding its interest in Greater Aneth Field through which Resolute and Navajo Nation Oil and Gas Company (“NNOG”) will consolidate their interests in the field to strengthen and clarify their strategic relationship. In the first transaction, Resolute entered into an agreement with affiliates of Denbury Resources Inc […]

Mergers & Acquisitions

Symbility Completes Acquisition of MSB’s Claims Division

April 11, 2012 0

Symbility Completes Acquisition of MSB’s Claims Division PR Newswire TORONTO, April 11, 2012 TORONTO , April 11, 2012 /PRNewswire/ — Symbility Solutions Inc. (” Symbility “), a wholly-owned subsidiary of Automated Benefits Corp. (TSX:V–AUT) (the ” Corporation “), provider of accurate and easy-to-use claims processing and estimating software for the property and casualty insurance industry, has closed the previously announced transaction to acquire Marshall & Swift/Boeckh, LLC’s (” MSB” ) claims division (the ” Transaction “). […]

Stock Analysts

PAA Unitholders to Further Benefit (EPD) (PAA) (SXL)

April 11, 2012 0

Plains All American Pipeline LP ( PAA ) once more increased the cash distribution rate extending its practice of sharing more benefits with its unitholders. The partnership announced a new quarterly cash distribution rate of $1.045 per unit on all of its outstanding limited partner units. […]

Stock Analysts

Saks’ March Sales Increase Modestly (M) (SKS)

April 11, 2012 0

Luxury department store Saks Inc. ( SKS ) has reported positive same-store sales and total sales for the month of March, benefiting from sales of women’s contemporary apparel including fine jewelry, handbags and men’s accessories, including shoes, tailored clothing and contemporary apparel. […]

Stock Analysts

MoneyGram Expands in Venezuela (MGI) (WU)

April 11, 2012 0

Yesterday, MoneyGram International Inc. ( MGI ) announced the expansion of its money transfer network in Venezuela by allying with two of the five leading foreign currency exchanges – Casa de Cambio Angulo Lopez and Venegiros Casa de Cambio. […]

Stock Analysts

Citi Trends Remains Underperform (CTRN) (ROST) (TJX) (WMT)

April 11, 2012 0

We maintain our long-term Underperform rating on Citi Trends Inc. ( CTRN ), a value-priced retailer of urban fashion apparel and accessories. The company’s poor performance in the last two straight quarters on account of falling comparable store sales and heightened operating costs keeps us negative on the stock. […]

Katherine Legge of TrueCar Racing Returns to Long Beach

April 11, 2012 0

Katherine Legge of TrueCar Racing Returns to Long Beach The first woman to win a major open-wheel race in the U.S. to compete at same venue where she made her mark, but now in the IZOD IndyCar series PR Newswire SANTA MONICA, Calif., April 11, 2012 SANTA MONICA, Calif. , April 11, 2012 /PRNewswire/ — British race car driver Katherine Legge made history in 2005 when she became the first woman to win a major open-wheel race in North America […]

Mergers & Acquisitions

NorthWest Healthcare Properties Real Estate Investment Trust Announces Completion of Acquisition of Alberta Medical Office and Retail Property

April 11, 2012 0

NorthWest Healthcare Properties Real Estate Investment Trust Announces Completion of Acquisition of Alberta Medical Office and Retail Property PR Newswire TORONTO, April 11, 2012 TORONTO , April 11, 2012 /PRNewswire/ – NorthWest Healthcare Properties Real Estate Investment Trust (TSX: NWH.UN) (the “REIT”) announced today that it has completed the previously announced acquisition of Willow Brook Medical Centre, a 34,800 square foot medical office and retail property in Airdrie, Alberta . The purchase is expected to be immediately accretive. Located just north of Calgary , in the rapidly growing City of Airdrie , Willow Brook Medical Centre (836 1 st Avenue NW) is a recently constructed medical office and retail complex that has quickly become a prominent healthcare property in the immediate market. […]

Stock Analysts

Mack-Cali Prices Senior Notes (BAC) (C) (CLI) (JPM)

April 11, 2012 0

Mack-Cali Realty Corporation ( CLI ), one of the largest office real estate investment trusts (REITs) in the U.S., has recently priced a secondary offering of 4.50% senior unsecured notes worth $300 million that is scheduled to mature in 2022. The company has priced the notes at 99.801% of the face amount to yield 4.525% at maturity. BofA Merrill Lynch, the investment banking and wealth management division of Bank of America Corporation ( BAC ); J.P […]

Stock Analysts

Valspar Intros New Color Program (LOW) (PPG) (SHW) (VAL)

April 11, 2012 0

Leading paint and coatings maker The Valspar Corporation ( VAL ) has introduced, through its Paint division, a new color assurance program which will enable its customers to pick the color which is right for them. The program will not only help the consumers to select the right color, but will also guarantee it. The program dubbed “Love Your Color Guarantee” applies to the purchase of the Minnesota-based company’s Signature Colors interior paint at Lowe's ( LOW ) […]

Stock Analysts

NU Closes NSTAR Merger Deal (DUK) (EXC) (NU) (PGN)

April 11, 2012 0

Diversified utility company Northeast Utilities ( NU ) has completed the proposed merger with NSTAR in a stock-for-stock transaction. Now, NSTAR will operate as a subsidiary of Northeast Utilities in Massachusetts. The merged company will have two headquarters, one in Boston, Massachusetts and another in Hartford, Connecticut. […]