Month: May 2013

Mergers & Acquisitions

Behavioral Health Group (BHG) Acquires Opioid Treatment Program in Tennessee

May 7, 2013 0

Behavioral Health Group (BHG) Acquires Opioid Treatment Program in Tennessee PR Newswire DALLAS, May 7, 2013 DALLAS , May 7, 2013 /PRNewswire/ — Michael Cannizzaro , Behavioral Health Group (BHG) Chairman and Chief Executive Officer, announced the acquisition of an opioid treatment program (OTP) in Central Tennessee located in Columbia. “We are pleased to welcome the Columbia staff and patients to the BHG experience of care. This strategic acquisition demonstrates our commitment to continually build relationships with the communities that we serve, while meeting our overall growth plans to serve individuals suffering from opioid addiction.” Dwight Mussleman , BHG Chief Development Officer, said, “There are numerous patients to be served throughout Central Tennessee . […]

Mergers & Acquisitions

Pennsylvania Governor Corbett Announces Manufacturing Expansion in Lehigh County

May 7, 2013 0

Pennsylvania Governor Corbett Announces Manufacturing Expansion in Lehigh County PR Newswire HARRISBURG, Pa., May 7, 2013 HARRISBURG, Pa. , May 7, 2013 /PRNewswire-USNewswire/ — Governor Tom Corbett today announced that Lightweight Manufacturing, Inc. will move forward with the acquisition and renovation of an existing building that is projected to support the creation of 10 jobs and the retention of 15 positions in Lehigh County […]

Mergers & Acquisitions

E-Waste Systems Acquires California e-Waste Firm

May 7, 2013 0

E-Waste Systems Acquires California e-Waste Firm Solidifies footprint in West Coast Market PR Newswire LONDON, May 7, 2013 LONDON , May 7, 2013 /PRNewswire/ — E-Waste Systems, Inc. (OTCQB: EWSI) (the “Company”), an electronic waste management and reverse logistics company, announced that it has entered into a binding agreement to acquire State of California registered e-Waste Collector and mobile computing specialist, Surf Investments Ltd. (‘Surf’) of Irvine, CA. […]

Stock Analysts

Mechel’s Hot Testing Successful (FSTR) (MTL) (SHLO) (TX)

May 7, 2013 0

Russian miner Mechel OAO ( MTL ) declared that the hot testing that took place in its Universal Rolling Mill at Chelyabinsk Metallurgical Plant was successful. The first batch of structural shaped steel products (25SH1-type bar) was produced at the universal rolling mill during the hot testing. The total chain of structural shape production process was hot tested consecutively starting from billet heating and hot rolling to correcting, cutting into measured sizes and packaging […]

Stock Analysts

Health Care FFO Beats, Guides Same (BKD) (HCN) (KKR) (VTR)

May 7, 2013 0

Health Care REIT Inc. ( HCN ), a real estate investment trust (REIT) which operates senior housing and health care real estate, reported first-quarter 2013 normalized FFO (funds from operations) of 91 cents per share, a cent ahead of the Zacks Consensus Estimate and up 4 cents year over year. The increase in year-over-year FFO per share was primarily attributable to better-than-expected revenue growth. […]

Stock Analysts

Merck’s Liptruzet Approved in the US (ABBV) (MRK) (PFE) (SNY)

May 7, 2013 0

Merck ( MRK ) recently gained US Food and Drug Administration (FDA) approval for its combination cholesterol treatment, Liptruzet. The FDA granted approval to Liptruzet for the treatment of elevated low-density lipoprotein (LDL) cholesterol in patients with primary or mixed hyperlipidemia as adjunctive therapy to diet when diet alone is not enough. Liptruzet is basically a combination of two drugs – Merck’s Zetia (ezetimibe) and Pfizer’s ( PFE ) Lipitor (atorvastatin). […]

Stock Analysts

Earnings Miss at Perrigo (ACT) (ATHX) (PRGO) (RDY)

May 7, 2013 0

Perrigo Company ’s ( PRGO ) third quarter fiscal 2013 (ended Mar 30, 2013) earnings of $1.42 per share fell short of the Zacks Consensus Estimate by 2 cents. Lower-than-expected revenues led to the earnings miss. The company earned $1.41 per share (including the tax benefit of 20 cents but excluding other special items) in the year-ago quarter. […]