Mergers & Acquisitions

Van Leeuwen Pipe and Tube Group Enters Brazilian Market Through Acquisition of Tubexpress

Van Leeuwen Pipe and Tube Group Enters Brazilian Market Through Acquisition of Tubexpress PR Newswire ZWIJNDRECHT, The Netherlands, February 3, 2014 ZWIJNDRECHT, The Netherlands , February 3, 2014 /PRNewswire/ — The Van Leeuwen Pipe and Tube Group has acquired Tubexpress, a Brazilian distribution company supplying pipes and tubes to the (petro)chemical and oil and gas industry. The acquisition is effective from the 1 st of January, 2014. Van Leeuwen’s strategy is aimed at expanding and strengthening its market positions in several countries and industrial segments through acquisitions and autonomous growth. […]

Technicals

Nokia (NOK) is now in Oversold Territory – Tale of the Tape

Nokia Corporation ’s ( NOK ) share price has entered into oversold territory with an RSI value of 28.4. The Zacks Consensus Estimate for Nokia for the full year period has improved 8 cents over the past two months to 29 cents per share. Currently, Nokia has a Zacks Rank #2 (Buy), suggesting that now might be a good time to get in on ( NOK ) after its recent drop. […]