Downgrades

TRIANGLE PETROL (TPLM) Downgraded by Zacks to UNDERPERFORM

Zacks Investment Research downgraded shares of TRIANGLE PETROL (TPLM) from NEUTRAL to UNDERPERFORM on May 27, 2013, with a target price of $5.20. Triangle Petroleum Corporation is engaged in the acquisition, exploration, and development of shale oil resources. Triangle Petroleum Corporation is based in Denver, Colorado […]

Downgrades

OSI SYSTEMS INC (OSIS) Downgraded by Zacks to UNDERPERFORM

Zacks Investment Research downgraded shares of OSI SYSTEMS INC (OSIS) from NEUTRAL to UNDERPERFORM on May 27, 2013, with a target price of $55.80. OSI Systems, Inc. is a premier worldwide designer and provider of components, subsystems and end-products based on optical and electromechanical pressure sensor technologies […]

Downgrades

WI-LAN INC (WILN) Downgraded by Zacks to UNDERPERFORM

Zacks Investment Research downgraded shares of WI-LAN INC (WILN) from NEUTRAL to UNDERPERFORM on May 27, 2013, with a target price of $4.00. Wi-LAN Inc is a technology innovation and licensing company. Its portfolio of patented inventions applies to a wide range of consumer electronics and communications products […]

Downgrades

UNI-PIXEL INC (UNXL) Downgraded by Zacks to NEUTRAL

Zacks Investment Research downgraded shares of UNI-PIXEL INC (UNXL) from OUTPERFORM to NEUTRAL on May 27, 2013, with a target price of $28.20. Uni-Pixel, Inc is engaged in the design and development of polymer film materials and related technologies for the display, flexible electronics, and energy, transportation and entertainment industries. […]

Downgrades

Covidien Plc (COV) Downgraded by Zacks to UNDERPERFORM

Zacks Investment Research downgraded shares of Covidien Plc (COV) from NEUTRAL to UNDERPERFORM on May 27, 2013, with a target price of $59.00. Get all Zacks Research Reports and be alerted to fast-breaking buy and sell opportunities every trading day . To get a free copy of the research report on Covidien Plc (COV), click here . […]

Downgrades

POSCO (PKX) Downgraded by Zacks to NEUTRAL

Zacks Investment Research downgraded shares of POSCO (PKX) from OUTPERFORM to NEUTRAL on May 27, 2013, with a target price of $75.00. We have downgraded POSCO from Outperform to Neutral recommendation. POSCO's 1Q13 financial results were quite disappointing. […]

Mergers & Acquisitions

Valeant Pharmaceuticals International, Inc. To Acquire Bausch + Lomb For $8.7 Billion

Valeant Pharmaceuticals International, Inc. To Acquire Bausch + Lomb For $8.7 Billion Will Establish Valeant as a Global Leader in Eye Health as Well as Dermatology Expected to Achieve Annual Cost Savings of at Least $800 Million Immediately Accretive to Valeant’s Cash EPS Pro Forma for full year 2013, ~40% Accretive to Valeant’s Cash EPS PR Newswire LAVAL, Quebec and ROCHESTER, N.Y., May 27, 2013 LAVAL, Quebec and ROCHESTER, N.Y. , May 27, 2013 /PRNewswire/ — Valeant Pharmaceuticals International, Inc […]

Mergers & Acquisitions

Lignol consolidates majority shareholding of Territory Biofuels with plans to re-start the largest biodiesel refinery in Australia

Lignol consolidates majority shareholding of Territory Biofuels with plans to re-start the largest biodiesel refinery in Australia Canada NewsWire VANCOUVER, May 27, 2013 VANCOUVER , May 27, 2013 /CNW/ – Lignol Energy Corporation (TSXV: LEC) (“LEC” or “the Company”), a leading technology company in the advanced biofuels and renewable chemicals sectors, today announced that it has agreed to acquire an additional 2.67 million shares of Territory Biofuels Limited (“TBF”) for A$1 million under a TBF private placement offering transaction, which also provides for the further issuance of approximately 0.25 million shares of TBF to other shareholders of TBF. Upon completion, LEC will become the majority shareholder with approximately 56% of the issued shares of TBF and 60% on a fully diluted basis. “We are excited to be working with the TBF team and adding our support as the majority shareholder in planning the re-start of the Darwin refinery”, said Ross MacLachlan , CEO and Chairman of LEC. […]

Mergers & Acquisitions

Korean Fair Trade Commission approves ASML acquisition of Cymer

Korean Fair Trade Commission approves ASML acquisition of Cymer PR Newswire VELDHOVEN, The Netherlands and SAN DIEGO, May 26, 2013 VELDHOVEN, The Netherlands and SAN DIEGO , May 26, 2013 /PRNewswire/ — ASML Holding NV (ASML) and Cymer, Inc. (Nasdaq: CYMI) today announce that the Korean Fair Trade Commission (KFTC) has approved the previously announced merger between Cymer and affiliates of ASML. As a result, all conditions to closing the transaction, except for those conditions that can be satisfied only at the closing, have been fulfilled […]

Mergers & Acquisitions

Biosensors Completes Spectrum Dynamics Assets Acquisition

Biosensors Completes Spectrum Dynamics Assets Acquisition PR Newswire SINGAPORE, May 26, 2013 SINGAPORE , May 26, 2013 /PRNewswire/ — Biosensors International Group, Ltd. (“Biosensors” or the “Company”, Bloomberg: BIG SP; Reuters: BIOS.SI; SGX: B20), a developer, manufacturer and marketer of innovative medical devices, today announced the completion of its acquisition of substantially all assets of Spectrum Dynamics, a leader in advanced functional assessment technologies, including those used to evaluate patients for cardiac interventions. The deal consideration is approximately US$51 million , with potential earn-out payments upon fulfilling certain performance criteria. […]

Max Keiser

Keiser Report: Drowning In Central Banking Abyss (E449)

[youtube h9KL7KJVj94] In this episode of the Keiser Report, Max Keiser and Stacy Herbert in the second part of a two part currency war special focus on George Osborne hoping a rising stock market will convince voters his economic policies are working and the new front in the South Pacific as New Zealand launches defensive measures against global currency devaluations. In the second half, Max talks to Jim Rickards, author of Currency Wars, for the second half of their interview focusing on currency wars and hot wars. Follow Max Keiser on Twitter: http://twitter.com/maxkeiser RT LIVE http://rt.com/on-air Subscribe to RT! http://www.youtube.com/subscription_center?add_user=RussiaToday Like us on Facebook http://www.facebook.com/RTnews Follow us on Twitter http://twitter.com/RT_com Follow us on Google+ http://plus.google.com/+RT RT (Russia Today) is a global news network broadcasting from Moscow and Washington studios. […]

Mergers & Acquisitions

Internet Marketing Firm Cyberset Guides Businesses through Social Media Changes

Internet Marketing Firm Cyberset Guides Businesses through Social Media Changes Mergers, buyouts, and other changes in social media sites and search engines can be difficult to understand; Cyberset knows what these mean for businesses. PR Newswire LOS ANGELES, May 24, 2013 LOS ANGELES , May 24, 2013 /PRNewswire/ — The big technology news story this week was the billion dollar acquisition of youth-market centerpiece Tumblr by Internet giant Yahoo. Many are speculating on the deal—Will it be profitable […]