Mergers & Acquisitions

DEKRA Continues to Grow

DEKRA Continues to Grow PR Newswire STUTTGART, Germany, December 7, 2012 STUTTGART, Germany , December 7, 2012 /PRNewswire/ — Despite economic decline in important markets: Revenues expected to increase by more than 7% to €2.15 billion German automotive and industrial business under one roof Number of employees increased by 1,300 to 28,600 After the record year in 2011, the globally operating testing group DEKRA is continuing to grow in 2012. Revenues are expected to rise by more than 7% to €2.15 billion. “DEKRA remains on course, even though the economic environment in some important ma r kets, such as France , has worsened considerably,” DEKRA CEO Stefan Kölbl told journalists in Stuttgart on Thursday […]

Mergers & Acquisitions

VimpelCom increases its stake in Russian mobile retailer Euroset to 50%

VimpelCom increases its stake in Russian mobile retailer Euroset to 50% PR Newswire AMSTERDAM, Dec. 7, 2012 AMSTERDAM , Dec. 7, 2012 /PRNewswire/ — “VimpelCom Ltd.” (“VimpelCom”, “Company” or “Group”) (NYSE:VIP), a leading global provider of telecommunications services, today announces that its fully owned subsidiary in Russia , OJSC Vimpel-Communications, has acquired 0.1% of the shares of Euroset Holding N.V […]

Mergers & Acquisitions

Publicis Groupe Announces Two Acquisitions in India

Publicis Groupe Announces Two Acquisitions in India PR Newswire PARIS, December 7, 2012 PARIS , December 7, 2012 /PRNewswire/ — iStrat, a leading integrated digital agency MarketGate, a key Mumbai firm providing marketing and brand strategy consulting services Publicis Groupe [Euronext Paris: FR0000130577] announced today the acquisition of two different agencies in India : iStrat, one of the country’s foremost integrated digital agencies, as well as MarketGate, a Mumbai -based strategic business and marketing consulting firm. These acquisitions mark another step towards fulfilling Publicis Groupe’s ambitious goal of doubling its size in India between 2010 and 2015 – part of the Groupe’s commitment to strongly boosting revenue derived from digital and fast-growing markets around the world. iStrat was founded in 2003 and provides solutions across all forms of digital marketing […]

Stock Analysts

Foreclosed Home Sales Rise in 3Q (BAC) (C) (JPM) (WFC)

Data released by RealtyTrac revealed that total number of foreclosed properties sold in the third quarter of 2012 grew 21% sequentially but fell 3% from the prior-year quarter to 193,059 properties. Of the total foreclosed properties sold, 98,125 properties were at some stage of foreclosure (up 22% both from the prior quarter and the year-ago quarter), while 94,934 were bank-owned (increasing 19% sequentially but declining 20% year over year). The sale of pre-foreclosed (in default or scheduled for auction) and bank-owned residential properties (REO) was 19% of the total residential sale, inching down from 20% in the prior quarter but in line with the year-ago quarter. […]

Momentum Stocks

Reed Elsevier NV – Momentum (ENL) (ENL)

Shares of Reed Elsevier NV ( ENL ) have been steadily moving higher since mid-2012, and are now hovering close to their 52-week high. This professional information solutions provider has amassed a year-to-date return of 32%, demonstrating its strong fundamentals. […]