Momentum Stocks

PPG Industries – Momentum (PPG)

PPG 042312 PPG Industries ( PPG ) Even with the weakness in Europe, the coatings giant PPG is still seeing strong growth in the U.S. and other emerging markets, propelling it to new 52 week highs. A majority of PPG’s business is derived from OEM automotive coatings and coating innovations since 1924. […]

Mergers & Acquisitions

Filtrona Porous Technologies’ Acquisition Of Jae Yong Co. Ltd Expands Portfolio Of Components For Writing Instruments

Filtrona Porous Technologies’ Acquisition Of Jae Yong Co. Ltd Expands Portfolio Of Components For Writing Instruments PR Newswire RICHMOND, Va., April 24, 2012 RICHMOND, Va. , April 24, 2012 /PRNewswire/ — Filtrona plc (“Filtrona”) today announces that it has completed the acquisition of 100% of the share capital of Jae Yong Co. […]

Mergers & Acquisitions

First Uranium receives an unsolicited non-binding expression of interest for the Ezulwini Mine

First Uranium receives an unsolicited non-binding expression of interest for the Ezulwini Mine PR Newswire TORONTO and JOHANNESBURG, April 24, 2012 All amounts are in US dollars unless otherwise noted TORONTO and JOHANNESBURG , April 24, 2012 /PRNewswire/ – First Uranium Corporation (TSX:FIU), (JSE:FUM) (ISIN:CA33744R1029) (“First Uranium” or “the Corporation”) announced that on April 17, 2012 , First Uranium received an unsolicited expression of interest from Waterpan Mining Corporation (“WMC”) and Transalloys (Pty) Ltd. (“Transalloys”), to acquire the Corporation’s Ezulwini Mine, subject to a number of conditions precedent, including the opportunity to have 90 days from May 1, 2012 to undertake a due diligence review of the business. Following that due diligence exercise, WMC and Transalloys envisaged being in a position to make a definitive offer by August 1, 2012 […]

Stock Analysts

MetLife Slapped with Legal Charges (AIG) (MET) (PRU)

Yesterday, MetLife Inc. ( MET ) admitted charges of about $500 million in a multi-state investigation where the regulators found the life insurer guilty of blocking the funds allocated for the death beneficiaries. Over the past year, the regulators in the states of California, Florida, Illinois, New Hampshire, North Dakota and Pennsylvania, among others, had conducted an inquiry on the life insurers regarding unpaid benefits to the nominees of the dead policyholder. […]

Stock Analysts

ICE to Conduct Phase III Auctions (CME) (ICE)

The UK Department of Energy & Climate Change recently revealed that it has selected the UK arm of IntercontinentalExchange Inc. ( ICE ) — ICE Futures Europe — to carry out the aviation allowances, formalities and auctions for Phase III of the EU Emissions Trading Scheme (EU ETS) on behalf of the UK Government. […]

Stock Analysts

Earnings Preview: AvalonBay (AIV) (AVB)

AvalonBay Communities Inc. ( AVB ), a multifamily real estate investment trust (REIT), is scheduled to report its fiscal 2012 first quarter earnings results after the market closes on April 25. The current Zacks Consensus Estimate for the first quarter earnings is $1.24, representing year-over-year growth of 15.1%. […]

Entravision Communications Corporation Schedules First Quarter 2012 Earnings Release And Teleconference

Entravision Communications Corporation Schedules First Quarter 2012 Earnings Release And Teleconference PR Newswire SANTA MONICA, Calif., April 24, 2012 SANTA MONICA, Calif. , April 24, 2012 /PRNewswire/ — Entravision Communications Corporation (NYSE: EVC) announced today that it will release first quarter 2012 financial results after market hours on Tuesday, May 8, 2012 . […]

Mergers & Acquisitions

Amica Mature Lifestyles to acquire majority ownership in Amica at Westboro Park and announces $24.8 million offering of common shares

Amica Mature Lifestyles to acquire majority ownership in Amica at Westboro Park and announces $24.8 million offering of common shares PR Newswire VANCOUVER, April 24, 2012 / NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES / VANCOUVER , April 24, 2012 /PRNewswire/ – (TSX: ACC) – Amica Mature Lifestyles Inc. (“Amica” or the “Company”) is pleased to announce that it has entered into agreements to acquire an additional 73.5% aggregate ownership interest in Amica at Westboro Park, located in Ottawa, Ontario . […]

Mergers & Acquisitions

WeiserMazars Expands Health Care Practice with Addition of New IT Consulting and Revenue Cycle Partners

WeiserMazars Expands Health Care Practice with Addition of New IT Consulting and Revenue Cycle Partners PR Newswire NEW YORK, April 24, 2012 NEW YORK , April 24, 2012 /PRNewswire/ — WeiserMazars LLP, one of the nation’s top accounting firms, announced it has significantly expanded its Health Care Practice with the addition of one Partner, three Principals and eight professional staff, including a merger with Smart Solutions for Health Care, an Information Technology (IT) consulting and outsourcing company that has served the healthcare sector for 25 years. Under the terms of the merger, Smart Solutions will now operate as the “Smart Solutions Health Care Group,” a segment within the Health Care Practice at WeiserMazars. Respected industry veterans Marc Grossman , Bruce Adler and Michael Kovar will join as Principals and Ken Fischer will join as a Partner. […]

Stock Analysts

Nestle to Acquire Pfizer Unit (KKR) (PFE)

Pfizer ( PFE ), which has been exploring strategic alternatives for its Nutrition business, recently announced that it has entered into an agreement with Nestlé regarding it. Pfizer will divest its Nutrition business to Nestlé for a cash consideration of $11.85 billion. […]

Stock Analysts

Earnings Preview: Nat’l Oilwell Varco (CAM) (NOV)

Global large-cap energy equipment maker National Oilwell Varco Inc. ( NOV ) is scheduled to report its first quarter 2012 results on Wednesday April 25, 2012 before the start of trading. The Zacks Consensus Estimate for the to-be-reported quarter is a profit of $1.39 per share (with an upside potential of 2.16%) on revenues of $4,311.0 million […]

Stock Analysts

Earnings Preview: Taubman Centers (SPG) (TCO)

Taubman Centers Inc ( TCO ), a real estate investment trust (REIT), is scheduled to report its first quarter 2012 earnings on April 26, 2012, after the closing bell. The current Zacks Consensus Estimate for the first quarter is pegged at 70 cents per share, representing year-over-year growth of about 10.5%. Fourth Quarter Recap Taubman reported fourth quarter 2011 FFO (funds from operations) of $176.1 million or $2.95 per share, compared with $59.6 million or $1.06 in the year-earlier quarter […]