Month: May 2013

Mergers & Acquisitions

Deloitte Acquires Vigilant’s Market Leading Cyber Security Services Business

May 30, 2013 0

Deloitte Acquires Vigilant’s Market Leading Cyber Security Services Business Acquisition complements Deloitte’s market-leading security practice and aggressively positions Deloitte as the cyber threat consultancy of the future PR Newswire NEW YORK, May 30, 2013 NEW YORK , May 30, 2013 /PRNewswire/ — Deloitte, recognized by Forrester Research, Inc. as both a leader and the largest information security consulting organization in the world, strengthened its cyber security capabilities today by acquiring substantially all of the assets of Vigilant, Inc., a specialist in security monitoring and cyber threat intelligence. Vigilant provides consulting, managed services, and information services that help organizations detect and respond to emerging cyber threats. […]

Stock Analysts

COV Progresses Further with Spin-Off

May 30, 2013 0

Covidien plc ( COV ) has moved a step further with the decision to divest its Pharmaceuticals business, Mallinckrodt. Covidien’s board of directors has given a green signal for the divestment, to be effective by end-June with the declaration of a dividend. […]

Stock Analysts

TriQuint Launches New Products

May 30, 2013 0

TriQuint Semiconductor Inc . ( TQNT ) recently expanded its product range with the launch of 12 products and also highlighted two complete Radio Frequency (RF) chipset families for wireless backhaul and other related applications. TriQuint is one of the leading players in the semiconductor market and new applications are further creating a lucrative growth opportunity for it. […]

Stock Analysts

Schwab Soars to 52-Week High

May 30, 2013 0

Shares of The Charles Schwab Corporation ( SCHW ) crafted a new 52-week high, touching $20.04 in the first half of the trading session on May 29, 2013. The closing price of this brokerage firm represents a solid year-to-date return of 33.0%. The average trading volume over the last 3 months was 9.5 million shares. […]

Stock Analysts

FDIC-Insured Banks Post Record 1Q Earnings

May 30, 2013 0

Federal Deposit Insurance Corporation (FDIC)-insured commercial banks and savings institutions reported first-quarter 2013 earnings of $40.3 billion, outpacing the year-ago earnings of $34.8 billion by 15.8%. This marks the 15th consecutive quarter in which earnings soared on a year-over-year basis. Overall, the banking industry is exhibiting signs of gradual improvement as evident from the first-quarter results. […]

Economic Data

Can the Fed Afford Higher Interest Rates? – Ahead of Wall Street

May 30, 2013 0

Thursday, May 30, 2013 Volatility in the stock market has clearly increased in recent days in response to rising interest rates. The ‘Taper Talk’ since last week has been the primary driver of this shift, with the bond market starting to price in a lower pace of bond purchases by the Federal Reserve in the coming months. In this new framework, all incoming positive economic data gets interpreted by the market as taking us closer to the ‘Taper’ announcement, while weak numbers pushe the announcement date a bit further in the future. […]

Mergers & Acquisitions

ACOR Announces Acquisition of International TME Resources Inc, Independent Resource Evaluation of its Georgina Basin Unconventional Asset, Operations Update and Financing

May 30, 2013 0

ACOR Announces Acquisition of International TME Resources Inc, Independent Resource Evaluation of its Georgina Basin Unconventional Asset, Operations Update and Financing PR Newswire CISCO, Texas, May 30, 2013 CISCO, Texas , May 30, 2013 /PRNewswire/ — Australian-Canadian Oil Royalties Ltd. (OTCBB: AUCAF) (“ACOR” or “the Company”) and International TME Resources Inc. (“ITME”) are pleased to announced that they have signed an agreement in which ACOR will acquire all of the issued and outstanding shares of ITME (the “Transaction”) […]