New Century Bancorp And Select Bancorp Announce Strategic Merger The combined company is projected to have $815.3 million in total assets and 14 branches serving 11 North Carolina communities. PR Newswire DUNN, N.C. and GREENVILLE, N.C., Sept. […]
Fieldwood Energy LLC Closes $3.75 Billion Gulf of Mexico Shelf Acquisition PR Newswire HOUSTON, Sept. 30, 2013 HOUSTON , Sept. 30, 2013 /PRNewswire/ — Fieldwood Energy LLC (“Fieldwood”), a portfolio company of Riverstone Holdings LLC, the New York -based private equity firm, announced today the closing of its acquisition of Apache Corporation’s (NYSE, Nasdaq: APA) Gulf of Mexico Shelf business for $3.75 billion , based on an effective date of July 1 , 2013 […]
VeriClaim, Inc. Announces the Acquisition of McMartin Wasek & Associates, Inc. PR Newswire NAPERVILLE, Ill., Sept […]
Apache Completes Sale Of Gulf of Mexico Shelf Assets To Fieldwood Energy PR Newswire HOUSTON, Sept. 30, 2013 HOUSTON , Sept. 30, 2013 /PRNewswire/ — Apache Corporation (NYSE, Nasdaq: APA) today announced it has completed the previously announced sale of its Gulf of Mexico Shelf operations and properties to Fieldwood Energy LLC, a portfolio company of Riverstone Holdings, for $3.75 billion in cash (subject to customary post-closing adjustments) and assumption of liabilities for future abandonment costs of the properties with a discounted value of $1.5 billion […]
Natural gas spot prices tumbled to around $3.50 per million Btu (MMBtu) on Thursday, Sep 26, following the U.S. Energy Department's weekly inventory release that showed a larger-than-expected rise in the commodity’s supplies. On a further bearish note, the storage build was also higher than the benchmark 5-year average gain for the week. […]
Shares of American Capital Ltd. ( ACAS ) appreciated 3.38% since it announced the repurchase of its common stock worth $175.5 million on Thursday. […]
DISH Network Corp. ( DISH ) – the second largest satellite TV operator in the U.S. […]
On Sep 27, we downgraded our long-term recommendation on Macy’s Inc. ( M ) to Underperform based on the company’s dismal second-quarter fiscal 2013 performance. The stock currently carries a Zacks Rank #4 (Sell). […]
Ariad Pharmaceuticals Inc. ( ARIA ) provided updated data from an ongoing phase I/II study on its tyrosine kinase inhibitor (TKI) candidate, AP26113, being evaluated for the treatment of advanced non-small cell lung cancer (NSCLC). […]
We are reiterating our Neutral recommendation on the shares of Protective Life Corp. ( PL ). […]
We have retained our Neutral recommendation on Molina Healthcare Inc. ( MOH ) despite impressive second quarter results due to rising medical costs, declining investment income and the negative impact of the healthcare reforms. This multi-state managed care organization carries a Zacks Rank #3 (Hold) […]
Shares of MetLife Inc. ( MET ) unexpectedly dipped 0.8% to $47.21 following its Sep 26 announcement to form a life insurance joint venture (JV) with Bank for Investment & Development of Vietnam (BIDV) and Bank for Investment and Development of Vietnam Insurance Corporation (BIC). The JV is scheduled to be functional in 2014. […]
Independent oil and gas company, Whiting Petroleum Corp. ( WLL ), has closed the offering of its senior notes worth $400 million, scheduled to mature in 2021. Whiting Petroleum issued the notes at 101% of their par value, while the expected rate of return at maturity is 5.750% […]
Despite a slew of activities during the current month, Omnicom Group Inc . ( OMC ) has failed to improve investor sentiment. The stock is down almost 6% to $64.32 as on Sep 27, 2013 despite a positive development in one of its operating units […]
[marketwatch 93139AAE-E8C0-4FAB-9FD7-5F82061A6C70] The Next 24: Overseas Markets Track Shutdown […]
The Sterling Group Completes the Acquisitions of ROM Corporation and Specialty Manufacturing, Inc. PR Newswire HOUSTON, Sept. 30, 2013 HOUSTON , Sept […]
Zacks Investment Research downgraded shares of ProAssurance Corporation (PRA) from NEUTRAL to UNDERPERFORM on September 30, 2013, with a target price of $42.00. 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 ProAssurance Corporation (PRA), click here […]
[marketwatch 7131F9C3-C9FC-4CDA-9D60-921BEB2EF2C0] The Other Shutdown: Dish Could Lose ESPN, ABC […]
Ingram Micro Expands Supply Chain Capabilities and Solutions Offerings With Acquisition Of CloudBlue Adds Global Enterprise IT Asset Disposition, Onsite Data Destruction and e-Waste Recycling Services for Large Enterprise Customers, Retail Customers and OEMs PR Newswire SANTA ANA, Calif., Sept. 30, 2013 SANTA ANA, Calif. , Sept. […]
We reaffirm our Neutral recommendation on meat producer, Tyson Foods Inc. ( TSN ), despite solid third-quarter fiscal 2013 results, as we await a rebound in the Beef and Pork segment. […]
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