Month: February 2014

Mergers & Acquisitions

Real-Time Advertising comes to St. Louis

February 3, 2014 0

Real-Time Advertising comes to St. Louis “As old-school advertising models continue to lose their foothold, companies wanting to invest in marketing need a strategy that makes sense in the new real-time world of digital advertising,” said Will Lackey PR Newswire ST. LOUIS, Feb. […]

Mergers & Acquisitions

McGraw-Hill Education Agrees to Acquire Engrade, Instructional Improvement Platform for K-12 Education

February 3, 2014 0

McGraw-Hill Education Agrees to Acquire Engrade, Instructional Improvement Platform for K-12 Education Acquisition strengthens both companies by combining McGraw-Hill Education’s high-quality assessment and instructional offerings with Engrade’s open platform and tools PR Newswire NEW YORK, Feb. 3, 2014 NEW YORK , Feb. 3, 2014 /PRNewswire/ — McGraw-Hill Education, a leading digital learning company, today announced that it has agreed to acquire Engrade , the developer of an open digital platform for K-12 education that unifies the data, curriculum and tools that educators use every day to drive student achievement and inform district educational strategy. […]

Stock Analysts

Sysco Beats on Q2 Earnings, Misses Revs

February 3, 2014 0

Global food products maker and distributor Sysco Corporation ( SYY ) reported second-quarter fiscal 2013 adjusted earnings (excluding business transformation expenses and one-time items) of 47 cents. Earnings beat the Zacks Consensus Estimate of 40 cents by 17.5% but declined from the prior-year quarter earnings of 49 cents by 4.1% due to modest sales growth and margin pressure. […]

Stock Analysts

Technology Stock Roundup: GOOG Sells Motorola, MSFT CEO Search Narrows

February 3, 2014 0

Google Sells Motorola Mobility Just the day before it reported fourth quarter numbers, Google ( GOOG ) announced its decision to sell Motorola to Lenovo for $2.91 billion. Google retained 15,000 of the 17,000 patents that it acquired from Motorola although it agreed to license some of them to Lenovo. It was very important for Google to sell off this unit not just because it was making losses, but also because it was outside the area of its core competency. […]

Stock Analysts

Apache’s Success Story in Egypt

February 3, 2014 0

On Jan 30, 2014, upstream operator Apache Corporation ( APA ) announced its success at drilling ventures and new field discoveries in Egypt. Apache successfully completed the deepest well, the NRQ-8X (drilled to 19,322 feet), in Western Desert. Also on the completion list was the AG-115H well in the Abu Gharadig Field, the first of an 8-well horizontal drilling project […]

Stock Analysts

Can AXIS Capital (AXS) Surprise This Earnings Season?

February 3, 2014 0

We expect property and casualty insurer AXIS Capital Holdings Limited ( AXS ) to beat expectations when it reports fourth-quarter 2013 results on Feb 4, 2014. Why a Likely Positive Surprise? Our proven model shows that AXIS Capital is likely to beat earnings because it has the right combination of two key ingredients […]

Mergers & Acquisitions

The Money Store (R) Announces Strategic Partnership With Complete Controller (R)

February 3, 2014 0

The Money Store (R) Announces Strategic Partnership With Complete Controller (R) New partnership will further both companies’ dedication to superior service and innovative financial solutions PR Newswire LOS ANGELES, Feb. 3, 2014 LOS ANGELES , Feb. 3, 2014 /PRNewswire-iReach/ — Over the past four decades, The Money Store (R), a national mortgage lender that specializes in residential loans, has helped thousands of Americans to secure the financing they need to realize their dreams of homeownership. […]

Downgrades

PACIFIC CONTL (PCBK) Downgraded by Zacks to UNDERPERFORM

February 3, 2014 0

Zacks Investment Research downgraded shares of PACIFIC CONTL (PCBK) from NEUTRAL to UNDERPERFORM on February 03, 2014, with a target price of $13.40. PACIFIC CONTINENTAL is a one-bank holding company. Their principal business activities are conducted through their full- service commercial bank subsidiary, PacificContinental Bank. […]