Month: February 2014

Mergers & Acquisitions

Zinwave Acquired by McWane Inc.

February 3, 2014 0

Zinwave Acquired by McWane Inc. New ownership enables Zinwave to accelerate growth of its unique wideband active distributed antenna system (DAS) technology globally PR Newswire CAMBRIDGE, England, February 3, 2014 CAMBRIDGE, England , February 3, 2014 /PRNewswire/ — Zinwave Ltd, a leading global supplier of in-building wireless coverage solutions, announced today its sale to McWane Inc, a privately-held diversified manufacturing company based in the United States . McWane’s financial strength and international status will allow Zinwave to invest in commercial and technical resource, customer service, customer support, geographical presence and infrastructure. […]

Stock Analysts

Valley National Loses Despite Earnings Beat

February 3, 2014 0

Shares of Valley National Bancorp ( VLY ) slumped 2.3% following its fourth-quarter 2013 earnings release before the opening bell on Jan 30. The company reported earnings per share of 20 cents, which surpassed the Zacks Consensus Estimate of 15 cents. Moreover, results compared favorably with the year-ago quarter earnings of 19 cents per share […]

Stock Analysts

Acxiom Q3 Earnings Beat Estimates

February 3, 2014 0

Shares of Acxiom Corporation ( ACXM ) increased 13.5% on Jan 30, following the company’s earnings release. Acxiom reported third-quarter 2014 earnings of $15.1 million or 19 cents per share versus $14.5 million or 19 cents in the year-ago quarter. Adjusted earnings per share were 25 cents in the reported quarter, up from 19 cents in the year-ago period […]

Mergers & Acquisitions

The Conifer Group and Vastardis Capital Services Combine to Form New Global Fund Administration Firm

February 3, 2014 0

The Conifer Group and Vastardis Capital Services Combine to Form New Global Fund Administration Firm PR Newswire SAN FRANCISCO and NEW YORK, Feb. 3, 2014 SAN FRANCISCO and NEW YORK , Feb. 3, 2014 /PRNewswire/ — The Conifer Group, LLC (“Conifer”), and Vastardis Capital Services Holdings LP (“Vastardis”) announced today they have signed a definitive merger agreement to combine their respective businesses. […]

Mergers & Acquisitions

Uniface Announces an Exciting New Chapter as an Independent Business, Headquartered in Amsterdam, The Netherlands

February 3, 2014 0

Uniface Announces an Exciting New Chapter as an Independent Business, Headquartered in Amsterdam, The Netherlands PR Newswire AMSTERDAM, February 3, 2014 AMSTERDAM , February 3, 2014 /PRNewswire/ — Uniface , the software development company, today announced the completion of its acquisition by Marlin Equity Partners , a global investment firm with over $2.6 billion of capital under management. Marlin has a strong focus in the technology sector and a solid track record of driving growth in their portfolio companies, providing Uniface with significant operational expertise and financial resources. This transaction positions Uniface to enter an exciting new chapter, continuing the execution of its long-term strategy and focusing on delivering its best-in-class development environment to customers as a private enterprise. […]

Economic Data

Earnings, Guidance & Emerging Markets – Ahead of Wall Street

February 3, 2014 0

Monday, February 3, 2014 Stocks were broadly down in January, with a combination of emerging market scare and a lackluster earnings season giving investors a reality check that markets don’t always go up as had been the case last year. This week’s top-tier economic data – the ISM survey later today and Friday’s January jobs report – will likely do little to change the mood in any sustained fashion as long as the emerging market question remains unanswered. For stock market investors, the issue is mostly psychological at this stage. […]