Mergers & Acquisitions

American Realty Capital Properties Completes Acquisition of Cole Real Estate Investments Creating Largest Net Lease REIT

American Realty Capital Properties Completes Acquisition of Cole Real Estate Investments Creating Largest Net Lease REIT $11.2 Billion Merger Positions ARCP as Top 15 REIT with Enterprise Value of $21.5 Billion ARCP’s Annualized Dividend Increases to $1.00 Per Share Merger Follows Successful Completion of $2.55 Billion Senior Unsecured Note Offering PR Newswire NEW YORK, Feb. 7, 2014 NEW YORK , Feb. […]

Kitco Video

Draghi Sleeps Comfortably, China May Have More Gold: Vince Lanci

[youtube LIANdUdLarg] Vince Lanci is back on Kitco News with a lot to say about the European Central Bank, China’s gold reserves and Deutsche Bank’s announcement to leave gold fixing. Lanci says he was not too surprised by ECB president Mario Draghi’s announcement on Thursday to leave rates unchanged. “Right now, there’s nothing keeping him awake,” Lanci says. […]

Momentum Stocks

Bull of the Day: Manitowoc (MTW) – Bull of the Day

The Manitowoc Company ( MTW ) delivered a big bottom-line beat on January 30 as profit margins soared in its ‘Foodservice’ segment. Analysts have revised their estimates significantly higher for both 2014 and 2015 following the report, sending the stock to a Zacks Rank #1 (Strong Buy). […]

Stock Analysts

A Boon for Mobile M2M Market

The machine-to-machine (M2M) wireless communications technology has been significantly driving mobile data revenues for wireless service providers. In the U.S., the Department of Transportation is preparing regulatory proposals to make vehicle-to-vehicle communications compulsory to prevent crashes, reduce traffic congestion and to save fuel. We expect this new regulation to significantly boost the mobile M2M market […]

Stock Analysts

JPMorgan Could Vend Commodities Unit

JPMorgan Chase & Co. ( JPM ) has moved a step closer towards selling its physical commodities business. Geneva-based trading house Mercuria Energy Group is being favored as the possible buyer over Sydney-based Macquarie Group and New York-based private equity firm The Blackstone Group L.P. […]

Stock Analysts

Google Settles with EU

Bloomberg reported yesterday that the European Union’s three-year anti-trust probe into Google ’s ( GOOG ) operations had come to a close. The EU is satisfied that Google’s latest offer of concessions are “far-reaching and have the clear potential to restore a level playing field in the important markets of online search and advertising.” Joaquin Almunia, the European Commission’s VP in charge of competition policy has been criticized by associations of competing companies like Microsoft ( MSFT ) and Expedia ( EXPE ) for being too lenient on Google, which will not be fined for its unfair practices. […]

Stock Analysts

Adidas Files Lawsuit Against Under Armour

Adidas AG ( ADDYY ) entered into a legal tussle with Under Armour Inc . ( UA ) alleging that the latter and its subsidiary MapMyFitness are offering products that directly infringe on10 Adidas patents used in miCoach, the fitness monitoring system provided by the German sportswear maker. […]

Stock Analysts

NSN Extends LTE Contract with STC

Nokia Corporation ’s ( NOK ) wholly-owned subsidiary, Nokia Solutions and Networks (“NSN”), has extended its deal with Saudi Telecom Company (STC) to offer managed services to GSM, 3G and LTE networks. However, the financial terms of the contract have not been disclosed. Earlier, NSN aided the deployment of 4GLTE technology by STC across Saudi Arabia’s western province. […]

Stock Analysts

Medicines Co. Awarded BARDA Contract

The Medicines Company ’s ( MDCO ) subsidiary, Rempex Pharmaceuticals, will receive up to $90 million from the Biomedical Advanced Research and Development Authority (BARDA) for the development of Carbavance. The Medicines Company's Carbavance, combines a carbapenem antibiotic with a novel beta-lactamase inhibitor, which is being developed for the treatment of patients with multi-drug resistant (MDR) gram-negative infections. […]