Max Keiser

Keiser Report: Scum & Snooki (E376)

[youtube eWBOfpVCudA] In this episode, Max Keiser and Stacy Herbert peer into the British future and see a future of scum villages and royal baby Snookies as Bank of England executive, Andy Haldane, says the loss of income caused by banks is as bad as World War 2. The Artist Taxi Driver explains what austerity means to the UK. […]

Mergers & Acquisitions

China Cord Blood Corporation to Further Consolidate its Corporate Structure

China Cord Blood Corporation to Further Consolidate its Corporate Structure PR Newswire HONG KONG, Dec. 6, 2012 HONG KONG , Dec. 6, 2012 /PRNewswire-FirstCall/ — China Cord Blood Corporation (NYSE:CO) (“CCBC” or the “Company”), the first and largest cord blood banking operator in China , today announced that one of its non-wholly owned subsidiaries, Favorable Fort Limited (“Favorable Fort”), has entered into a definitive agreement with Cordlife Services (S) Pte […]

Stock Analysts

Generic Unit at Mylan Boosted (AZN) (MYL)

Mylan Pharmaceuticals Inc., a subsidiary of Mylan Inc. ( MYL ), recently announced that it has launched its generic version of AstraZeneca 's ( AZN ) Atacand HCT, a fixed dose combination hypertension therapy, after receiving final approval from the US Food and Drug Administration (FDA). […]

Stock Analysts

Umpteenth Dividend Hike by MAA (MAA) (UDR)

MAA ( MAA ), an apartment-only real estate investment trust (REIT), has recently increased its quarterly dividend payout by 5.3% to 69.5 cents per share or $2.78 on an annualized basis. The dividend is payable on January 31, 2013 to shareholders of record on January 15. The proposed dividend affirms a yield of 4.4% based on the closing price of $62.75 as on December 5, 2012 […]

Stock Analysts

Black Ops II Breaks MW3’s Record (ATVI) (MSFT) (SNE)

Activision Blizzard ’s ( ATVI ) Call of Duty: Black Ops II added another feather in its cap by crossing the coveted $1 billion sales mark in just 15 days of its release. Call of Duty: Black Ops II beat Call of Duty: Modern Warfare 3 ’s record by a day, according to Chart-Track and retail customer sell-through information. According to company sources, life-to-date revenue generated from the Call of Duty (“COD”) franchise has outperformed gross receipts from the ‘Harry Potter' and 'Star Wars’ franchises, making it the most valued entertainment property […]

Stock Analysts

Men’s Wearhouse Misses, Guides Low (JOSB) (MW)

The Men's Wearhouse Inc. ( MW ) – one of the largest specialty retailers of menswear in the United States and Canada – recently reported its fiscal third-quarter 2012 (ended October 27, 2012) earnings of 95 cents a share that came below the Zacks Consensus Estimate of 97 cents. […]

Mergers & Acquisitions

Loblaw to create one of the largest Real Estate Investment Trusts in Canada

Loblaw to create one of the largest Real Estate Investment Trusts in Canada Canada NewsWire TORONTO, Dec. 6, 2012 TORONTO , Dec. 6, 2012 /CNW/ – George Weston Limited (TSX: WN) (“Weston”) announced today that its subsidiary Loblaw Companies Limited (TSX:L) (“Loblaw”) intends to create a Real Estate Investment Trust (“REIT”) to acquire a significant portion of Loblaw’s real estate assets and to sell units of the REIT by way of an Initial Public Offering […]

Stock Analysts

Brown-Forman Beats, Guides High (BF.B) (DEO)

Brown-Forman Corporation ’s ( BF.B ) fiscal second quarter 2013 (ended October 31, 2012) earnings of 80 cents a share came ahead of the Zacks Consensus Estimate of 78 cents and jumped 11% from 73 cents reported in the comparable prior-year quarter. However, net sales remained flat on a year-over-year basis at $1,013.8 million as adverse currency exchange rates and spin-off of Hopland wine business more than offset the positives from price increases and volume gains. On an underlying basis, the company’s net sales increased 6% […]

Mergers & Acquisitions

American Realty Capital Trust Files Definitive Proxy Materials

American Realty Capital Trust Files Definitive Proxy Materials Issues Letter Urging Stockholders to Vote ‘For’ Proposed ARCT-Realty Income Transaction Special Meeting of Stockholders to Vote on Proposed Merger Scheduled for January 16, 2013 PR Newswire NEW YORK, Dec. 6, 2012 NEW YORK , Dec. 6, 2012 /PRNewswire/ — American Realty Capital Trust, Inc., (NASDAQ: ARCT) (“ARCT” or the “Company”) today announced that it has filed with the Securities and Exchange Commission (“SEC”), and has commenced mailing to all ARCT stockholders, its definitive proxy materials regarding the previously announced merger with Realty Income Corporation (NYSE: O). […]

Mergers & Acquisitions

TD to acquire Epoch Investment Partners

TD to acquire Epoch Investment Partners PR Newswire TORONTO, Dec. 6, 2012 Complements TD Asset Management’s existing capabilities Immediately and significantly advances organic growth strategy for TD’s North American Wealth business TORONTO , Dec. 6, 2012 /PRNewswire/ – TD (TD) (TSX and NYSE: TD) and Epoch Holding Corporation (NASDAQ: EPHC) including its subsidiary Epoch Investment Partners, Inc. […]

Mergers & Acquisitions

Korn/Ferry International Announces Second Quarter Fiscal 2013 Results of Operations

Korn/Ferry International Announces Second Quarter Fiscal 2013 Results of Operations Highlights – Korn/Ferry reports Q2 FY’13 fee revenue of $196.2 million, a decrease of 2% (5% excluding two months of fee revenue from the recently acquired Global Novations) compared to the year-ago quarter. – Fee revenue in Leadership & Talent Consulting and Futurestep services grew 32% (14% excluding two months of fee revenue from the recently acquired Global Novations) and 5%, respectively, from Q2 FY’12 to Q2 FY’13, a 34% and 8% increase, respectively, on a constant currency basis. – Q2 FY’13 adjusted diluted earnings per share was $0.25, excluding net restructuring charges of $15.5 million compared to diluted earnings per share of $0.32 in Q2 FY’12 […]

Mergers & Acquisitions

Korn/Ferry Enters Into a Definitive Agreement to Acquire Leading Global Leadership Solutions Firm, PDI Ninth House

Korn/Ferry Enters Into a Definitive Agreement to Acquire Leading Global Leadership Solutions Firm, PDI Ninth House PR Newswire LOS ANGELES, Dec. 6, 2012 LOS ANGELES , Dec. 6, 2012 /PRNewswire/ — Korn/Ferry International (NYSE:KFY), a premier global provider of talent management solutions, today announced that it has entered into a definitive agreement to acquire Minneapolis -based PDI Ninth House, a leading, globally-recognized provider of leadership solutions. […]