Month: February 2013

Mergers & Acquisitions

Canadian Capital Auto Receivables Asset Trust III

February 1, 2013 0

Canadian Capital Auto Receivables Asset Trust III Canada NewsWire TORONTO, Feb. 1, 2013 TORONTO , Feb. 1, 2013 /CNW/ – The purchase by Royal Bank of Canada (“RBC”) of Ally Financial Inc.’s (“AFI”) Canadian auto finance business, including Ally Credit Canada Limited (“ACCL”) was completed today. […]

Stock Analysts

hhgregg Posts Dull 3Q, Cuts View (AAN) (CONN) (HGG) (RSH)

February 1, 2013 0

As announced in the preliminary results reported on Jan 14, appliance and electronic retailer hhgregg Inc. ( HGG ) posted third quarter fiscal 2013 adjusted earnings (excluding one-time charge) of 52 cents per share, missing the prior-year quarter earnings of 60 cents by 13.3%. The results were in line with the Zacks Consensus Estimate […]

Stock Analysts

ICICI Bank Reports Robust 3Q (CM) (HDB) (IBN) (UBS)

February 1, 2013 0

ICICI Bank Limited ’s ( IBN ) fiscal third-quarter 2013 (ended Dec 31) net profit came in at INR22.50 billion ($409 million). This reflects a jump of 30% from the year-ago profit of INR17.28 billion ($314 million). The robust results came on the back of augmented top line, partially offset by a rise in loan loss provisions and higher operating expenses […]

Mergers & Acquisitions

Perrigo Company To Acquire OTC Companion Animal Health Company, Velcera, Inc., For $160 Million

February 1, 2013 0

Perrigo Company To Acquire OTC Companion Animal Health Company, Velcera, Inc., For $160 Million – Accelerates Perrigo’s store brand strategy in the increasingly important OTC adjacent category of retail pet healthcare – Adds #1 OTC flea and tick value-brand franchise, PetArmor, to Perrigo’s existing product portfolio – Uniquely positions Perrigo to launch multiple veterinary quality national brand alternatives into the OTC market, enhancing accessibility and affordability for consumers – Creates opportunity to leverage Perrigo’s existing commercial, manufacturing and distribution capabilities PR Newswire ALLEGAN, Mich., Feb. 1, 2013 ALLEGAN, Mich. […]

Mergers & Acquisitions

AAA Strengthens European Radiopharmaceutical Manufacturing Network

February 1, 2013 0

AAA Strengthens European Radiopharmaceutical Manufacturing Network PR Newswire SAINT GENIS POUILLY, France, February 1, 2013 SAINT GENIS POUILLY , France , February 1, 2013 /PRNewswire/ — Highlights Acquisition of two well established radiopharmaceutical companies in Barcelona, Spain Entry into Polish market following agreement with the University of Warsaw Advanced Accelerator Applications SA (“AAA”), a fast growing international player in Molecular Nuclear Medicine (MNM), today announced further expansion of its European radiopharmaceutical manufacturing network in Spain and Poland . The moves will enable AAA to enter Poland directly for the first time and strengthens AAA’s leading position in the Iberian Peninsula. Acquisition of two radiopharmaceutical companies in Spain AAA has acquired two well established radiopharmaceutical companies in Barcelona, Spain : Barnatron and Catalana De Dispensación, S.A. […]

Momentum Stocks

Bull of the Day: WisdomTree Investments (WETF) – Bull of the Day (DEM) (DXJ) (WETF)

February 1, 2013 0

This investment company could do well thanks to a strong earnings picture and impressive growth in the ETF space. WISDMTR-EM EQ I (DEM): ETF Research Reports WISDMTR-J HEF (DXJ): ETF Research Reports WISDOMTREE INV (WETF): Free Stock Analysis Report To read this article on Zacks.com click here. Get all Zacks Research Reports and be alerted to fast-breaking buy and sell opportunities every trading day . […]