Month: May 2014

Mergers & Acquisitions

On4 licences payment technology prior to final merge

May 6, 2014 0

On4 licences payment technology prior to final merge PR Newswire VANCOUVER, May 6, 2014 VANCOUVER , May 6, 2014 /PRNewswire/ – On4 Communications, Inc. (“On4”) (OTCQB: ONCI) would like to announce that it will proceed with a licensing agreement with NetCents prior to the final merge between the two companies. On4 has made substantive progress in reconciling the company’s debt to the point where NetCents management wishes to move forward […]

Stock Analysts

Omnicell Drops Despite Q1 Earnings & Revs Beat

May 6, 2014 0

Omnicell, Inc. ( OMCL ) reported first-quarter 2014 adjusted earnings per share (EPS) of 19 cents (considering stock-based compensation as a regular expense), up 46% from the year-ago adjusted figure of 13 cents. The adjusted EPS number also remained ahead of the Zacks Consensus Estimate by a penny […]

Stock Analysts

L.B. Foster Misses on Q1 Earnings, Revs

May 6, 2014 0

L.B. Foster Company ( FSTR ) posted earnings of 35 cents per share for first quarter 2014, down 27.1% from 48 cents in the year-ago quarter. Adjusted earnings also missed the Zacks Consensus Estimate of 45 cents by 22.2% […]

Stock Analysts

DexCom Misses, Sees Broader Q1 Loss

May 6, 2014 0

DexCom, Inc. ( DXCM ) reported a broader loss of $12.5 million or 17 cents per share in the first quarter of 2014 compared with $11.1 million or 16 cents in the comparable quarter of 2013 as well as the Zacks Consensus Estimate of a loss of 8 cents. The broader loss can be attributable to a significant increase in operating expenses in the quarter, mainly on account of a substantial rise in non-cash share-based compensation […]

Stock Analysts

Can Microchip (MCHP) Surprise this Earnings Season?

May 6, 2014 0

Leading semiconductor manufacturer Microchip Technology Inc. ( MCHP ) is scheduled to report its fourth-quarter fiscal 2014 results after the closing bell on May 6. In the last reported quarter, Microchip’s adjusted earnings exceeded the Zacks Consensus Estimate by 7 cents […]

Stock Analysts

Meritor’s Earnings Beat Estimates, Up Y/Y

May 6, 2014 0

Meritor Inc .’s ( MTOR ) adjusted income increased to $21 million or 22 cents per share in the second quarter of fiscal 2014 (ended Mar 31, 2014) from $6 million or 6 cents in the year-ago quarter. Moreover, earnings per share surpassed the Zacks Consensus Estimate by 13 cents. Meritor posted a net loss from continuing operations of $2 million or 2 cents per share in the second quarter of fiscal 2014 compared with the net loss of $4 million or 4 cents in the corresponding quarter last year […]

Mergers & Acquisitions

LBC Credit Partners Provides A Second Lien Term Loan To Support Diversified Maintenance Systems Acquisition Of Rite Way Service

May 6, 2014 0

LBC Credit Partners Provides A Second Lien Term Loan To Support Diversified Maintenance Systems Acquisition Of Rite Way Service PR Newswire PHILADELPHIA, May 6, 2014 PHILADELPHIA , May 6, 2014 /PRNewswire/ — LBC Credit Partners (“LBC”), a leading provider of financing solutions to middle market companies, agented a second lien term loan to Diversified Maintenance Systems, LLC (“Diversified” or the “Company”), a portfolio company of Frontenac Company. Proceeds from the facility were used to finance Diversified’s acquisition of Rite Way Service, Inc. (“Rite Way”) and to refinance existing indebtedness […]

Mergers & Acquisitions

EDPlus Holdings Acquires Unigo and Offers the Most Comprehensive Platform to Prepare Students for College and Beyond

May 6, 2014 0

EDPlus Holdings Acquires Unigo and Offers the Most Comprehensive Platform to Prepare Students for College and Beyond PR Newswire PORTLAND, Ore., May 6, 2014 PORTLAND, Ore. , May 6, 2014 /PRNewswire/ — Augmenting its leadership position in the higher education consumer marketplace, EDPlus Holdings, LLC (EDPlus Holdings) announced today that it has acquired Unigo , LLC, a leading website featuring hundreds of thousands of student-generated reviews of U.S. […]