Stock Analysts

Pall Opens New Office in Saudi Arabia (CCC) (CECE) (FTEK) (PLL)

Pall Corporation ( PLL ), a leading supplier of filtration, separation and purification products, recently opened its second office in the Middle East. The new office will be located in Al Khobar, in the Kingdom of Saudi Arabia (KSA). Earlier, in October 2010, Pall had opened its regional headquarters in Dubai (UAE). […]

Mergers & Acquisitions

Anheuser-Busch InBev Commences Cash Tender Offer for Grupo Modelo Shares It Does Not Already Own

Anheuser-Busch InBev Commences Cash Tender Offer for Grupo Modelo Shares It Does Not Already Own PR Newswire BRUSSELS, May 1, 2013 BRUSSELS , May 1, 2013 /PRNewswire/ — Anheuser-Busch InBev (Euronext: ABI; NYSE: BUD) (“AB InBev”) announced today that a wholly-owned subsidiary is commencing the previously announced tender offer for all outstanding shares of Grupo Modelo , S.A.B. de C.V. […]

Stock Analysts

MTU Seeks to Acquire MS Trust Biz (BAC) (DB) (MS) (MTU)

In order to expand its operations, Japan-based Mitsubishi UFJ Financial Group, Inc. ’s ( MTU ) U.S.-based subsidiary – UnionBanCal Corporation – is seeking to acquire the rights to sell trust-banking services to Morgan Stanley ’s ( MS ) clients. The proposed business to be acquired offers trust services for approximately $4 billion worth of client assets […]

Mergers & Acquisitions

Acquisition of Crimson Exploration Inc. by Contango Oil & Gas Company May Not Be in the Best Interests of Crimson Shareholders

Acquisition of Crimson Exploration Inc. by Contango Oil & Gas Company May Not Be in the Best Interests of Crimson Shareholders PR Newswire SAN DIEGO and HOUSTON, May 1, 2013 SAN DIEGO and HOUSTON , May 1, 2013 /PRNewswire/ — Shareholder rights attorneys at Robbins Arroyo LLP are investigating the acquisition of Crimson Exploration Inc. (NASDAQ GM: CXPO) by Contango Oil & Gas Company (NYSE MKT: MCF) […]

Mergers & Acquisitions

Aegis Media expands search and performance marketing brand iProspect in Canada with the acquisition of nvi

Aegis Media expands search and performance marketing brand iProspect in Canada with the acquisition of nvi Canada NewsWire MONTREAL, May 1, 2013 MONTREAL , May 1, 2013 /CNW Telbec/ – Aegis Media (“Aegis”), the world’s leading, media and digital communications specialist, today announced the expansion of iProspect with the acquisition of nvi (” nvi “), a market leader in performance marketing strategies in Canada . nvi , with offices in Montreal and Toronto , is a specialist performance marketing agency whose focus is on search marketing and digital performance media. […]

Stock Analysts

FB Beats Slightly on Meaningful Gains (FB) (GOOG) (LNKD)

It's now been 4 quarters of earnings report data for Facebook ( FB ) since the company went public last May, and it's finally posted its first positive surprise. After the bell Wednesday the iconic social media firm announced it had earned 9 cents per share (accounting for stock-based compensation; the 'headline' number was 12 cents), a penny (12.5%) better than the expected $0.08. […]

Stock Analysts

Optimer’s Dificid Cleared Down Under (ALPMY) (INCY) (OPTR) (VPHM)

Optimer Pharmaceuticals ( OPTR ) received encouraging news recently when the Australian regulatory body (Australian Therapeutic Goods Administration) cleared its drug Dificid (fidaxomicin). Dificid tablets were cleared for the treatment of confirmed clostridium difficile infection (CDI) in adults. The product will be available in Australia from May 14, 2013 from Specialised Therapeutics Australia Pty, Ltd […]

Stock Analysts

SolarWinds Beats 1Q Earnings (BMC) (HPQ) (IBM) (SWI)

SolarWinds Inc. ( SWI ) reported first-quarter 2013 non-GAAP earnings of 41 cents per share, which increased 36.7% from the year-ago quarter. Including stock-based compensation, earnings came in at 34 cents per share, ahead of the Zacks Consensus Estimate of 32 cents per share. […]

Stock Analysts

Huge Earnings Miss By AMED, Guides Low (ABMD) (AMED) (CPHD) (ISRG)

Home healthcare provider Amedisys ( AMED ) reported net income of $3.9 million or 9 cents per share in the first quarter of 2013, a considerable slide from net income of $8.6 million or earnings of 18 cents in the year-ago quarter. However, after adjusting for depreciation and amortization and legal fees, adjusted earnings per share declined 55.2% year over year to 13 cents in the reported quarter, missing the Zacks Consensus Estimate of 21 cents. […]

Stock Analysts

EQR’s Earnings Miss by a Penny (AVB) (EQR) (PCL) (SPG)

Equity Residential ’s ( EQR ) core funds from operations (FFO) per share in the first quarter of 2013 reached 64 cents, a penny short of the Zacks Consensus Estimate. This however, went up 3 cents from the year-ago FFO per share. Quarterly results at this real estate investment trust (REIT) were primarily driven by higher same store net operating income (NOI) and the benefit from stabilized Archstone properties. […]