Month: March 2014

Stock Analysts

Verizon Expands 4G in More Markets

March 31, 2014 0

Leading wireless service provider, Verizon Communications Inc. ( VZ ) recently expanded its 4G Long Term Evolution (LTE) service in Providence, Rhode Island. We believe the expansion would not only help to increase Verizon’s customer base but also enhance the company’s market share in the wireless business […]

Kitco Video

Gold’s Touchdown Pass: Nonfarm or China’s PMI? — GOLD GAME FILM

March 31, 2014 0

[youtube nA7-t-vx20A] Kitco News launches a new weekly show Gold Game Film featuring US Global Investor’s Frank Holmes! He starts by taking a look back on gold’s movements last week and gives viewers a ‘play-by-play’ of the metal’s price action. Holmes then goes on to look over at key data points that may move the gold market and interesting facts surrounding physical demand from China. What will be Holmes’ ‘touchdown pass’ for gold this week? […]

Stock Analysts

Hyatt House, Hyatt Place Now in China

March 31, 2014 0

In an effort to capitalize on the demand for hotels in China, Hyatt Hotels Corporation ( H ) announced a number of Hyatt Place and Hyatt House projects in the country. With the introduction of these brands, Hyatt will have six of its nine brands operating in China. Hyatt Place — a chic service brand of the Chicago-based hotelier — provides a stylish, comfortable and seamless experience. […]

Stock Analysts

Tesla in Focus, Musk on 60 Minutes

March 31, 2014 0

Tesla Motors, Inc. ( TSLA ) has been in the news since stringent licensing regulations announced earlier this month by the New Jersey Motor Vehicle Commission (NJMVC) and members of Governor Christie’s administration banned the direct sales of vehicles by any automaker and necessitated the use of middlemen. […]

Stock Analysts

Visa Drops on Wal-Mart Lawsuit

March 31, 2014 0

Visa Inc. ( V ) shares dropped almost 3% to $212.09 per share on March 28, 2014 over three trading sessions in the wake of a lawsuit filed by the world’s largest retailer, Wal-Mart Stores Inc. The suit charged Visa of the huge charges levied on Wal-Mart for transactions made by credit or debit cards […]

Stock Analysts

Fred’s Down to Strong Sell on Bleak View

March 31, 2014 0

On Mar 28, 2014, Zacks Investment Research downgraded Fred’s Inc. ( FRED ) to a Zacks Rank #5 (Strong Sell) following management’s tepid outlook for the first quarter of 2014 provided at the fourth-quarter conference call last week. Why the Downgrade […]

Stock Analysts

Michael Kors Can’t be Ignored

March 31, 2014 0

Michael Kors Holdings Limited ( KORS ) is looking promising now and the underlying factors are capable of carrying the momentum further. The stock holds a Zacks Rank #1 (Strong Buy) and has surged roughly 13% year-to-date, demonstrating its inherent strength and long-term earnings growth projection of 26.3%. We believe the stock could prove to be a solid bet for investors […]

Mergers & Acquisitions

City Of Hercules Must Extend Tender To Avoid Default

March 31, 2014 0

City Of Hercules Must Extend Tender To Avoid Default PR Newswire HERCULES, Calif., March 31, 2014 HERCULES, Calif. , March 31, 2014 /PRNewswire/ — On March 5 th the City launched a tender for its electric system revenue bonds in order to allow for a purchase of the system by PG&E. As of Friday, March 28 th , which was the initial period of the tender, the City had not met the minimum tender amount which would be sufficient to pay off the bonds […]

Mergers & Acquisitions

Masstech Announces Intent to Acquire PlayBox Products and Technology

March 31, 2014 0

Masstech Announces Intent to Acquire PlayBox Products and Technology Will combine Masstech’s industry-leading asset management with the market leader in channel-in-a-box solutions PR Newswire TORONTO, March 31, 2014 TORONTO , March 31, 2014 /PRNewswire-iReach/ — Masstech Group, whose solutions enable media companies to save, share and transform content, today announced it has signed a letter of intent to acquire the products and technology of PlayBox Technology, the market leading provider of channel-in-a-box solutions for television. The shareholders of PlayBox Technology will continue to own and operate Playbox’ system integration, support centre and worldwide distribution through its eight offices in Europe , Asia and the United States , and their associated reseller networks. Solutions from the two companies will be on display side-by-side at the National Association of Broadcasters’ convention at the Las Vegas convention center, April 7-10 , Booth #N5506 and #5434 […]

Stock Analysts

Alliance Data, Venus Ink Deal

March 31, 2014 0

The Retail Service business of Alliance Data Systems Corporation ( ADS ) recently signed a long-term agreement with Venus to provide private-label credit card services to the latter. Following the news, shares moved up 0.6% to close at $274.23 on Friday’s close. Jacksonville, FL-based Venus is a leading women's fashion online and catalog retailer. […]

Stock Analysts

Brazil Clears Statoil’s Stake Buy from Vale

March 31, 2014 0

Norwegian energy provider Statoil ASA ’s ( STO ) offshore oil concession stake purchase from mining giant Vale was approved by the Brazilian government. This authorizes Statoil to acquire 25% of the BM-ES-22A concession, which consists of two blocks – ES-M-468 and ES-M-527 – in the Espírito Santo basin offshore Brazil, near several other blocks where Statoil is either operator or partner. […]

Mergers & Acquisitions

Whole Foods Market acquires four New Frontiers Natural Marketplace stores

March 31, 2014 0

Whole Foods Market acquires four New Frontiers Natural Marketplace stores Company expands presence to new markets in Arizona and Central California PR Newswire AUSTIN, Texas, March 31, 2014 AUSTIN, Texas , March 31, 2014 /PRNewswire/ — New Frontiers Natural Marketplace and Whole Foods Market, Inc. (NASDAQ: WFM) announced today that Whole Foods Market will purchase four stores from New Frontiers. The stores average 22,000 square feet in size and are located in Flagstaff , Prescott and Sedona, Ariz […]