Stock Analysts

Vornado FFO Misses Ests, Up Y/Y

Vornado Realty Trust ( VNO ) came up with first-quarter 2014 adjusted funds from operations (FFO) per share of $1.20, which surpassed the year-ago quarter figure by 7 cents but missed the Zacks Consensus Estimate by a dime. Including the impact of its Toys "R" Us stake, Vornado reported FFO per share of $1.31, compared to $1.08 reported in prior-year quarter. […]

Mergers & Acquisitions

Jack Morton Acquires Genuine Interactive

Jack Morton Acquires Genuine Interactive –Leaders in Brand Experience and Digital Join Forces to Take Consumer Engagement to New Levels — PR Newswire BOSTON, May 6, 2014 BOSTON , May 6, 2014 /PRNewswire/ — Jack Morton Worldwide , one of the world’s largest and most respected brand experience agencies, celebrating 75 years in business, is acquiring Genuine Interactive, a leading digital, mobile and social firm in Boston , thereby giving it unmatched capabilities to seamlessly connect clients with consumers. “We’re building the agency for now and fulfilling our clients’ need for experiences that reach people at every touchpoint,” Josh McCall , Jack Morton’s Chairman & CEO, commented. “Adding digital, social and mobile to live brand experiences isn’t an option anymore; it’s required and expected. […]

Mergers & Acquisitions

CT REIT Announces Solid 2014 First Quarter Results

CT REIT Announces Solid 2014 First Quarter Results Canada NewsWire TORONTO, May 6, 2014 Announces $60 million investment in four additional acquisitions and two intensification projects TORONTO , May 6, 2014 /CNW/ – CT Real Estate Investment Trust (CT REIT), (TSX: CRT.UN) today reported its unaudited consolidated financial results for the period from January 1, 2014 to March 31, 2014 . “I am very pleased with CT REIT’s performance over its first six months and in particular, the work that has been done to add to the growth embedded in our existing leases with Canadian Tire” said Ken Silver , Chief Executive Officer, CT REIT. “Our focus for the balance of 2014 will be to continue to execute on our growth strategy.” CT REIT has completed the first investment in its previously announced growth plan with the closing of a third-party acquisition during the first quarter of 2014 and remains committed to seven additional projects that are expected to be completed over the course of 2014. […]

Mergers & Acquisitions

WidePoint Corporation Acquires Soft-ex Communications

WidePoint Corporation Acquires Soft-ex Communications Expands Global Presence, Access to Additional Service Providers and Channels, while adding Broader Portfolio of Services Supporting the Global Managed Mobility Market PR Newswire MCLEAN, Va., May 6, 2014 MCLEAN, Va. , May 6, 2014 /PRNewswire/ — WidePoint Corporation (NYSE Mkt: WYY), a leading provider of Managed Mobility Services featuring enterprise-wide telecommunications management (TLM) and Cybersecurity solutions, announced today that it has acquired Soft-ex Communications, Ltd., a leading software provider of Telecom Data Intelligence (TDI) solutions throughout European and Middle Eastern markets, with headquarters in Dublin, Ireland . Soft-ex is a leading supplier of TDI services offered as a Software-as-a-Service (SaaS) solution that provides unique online data intelligence for Communication Service Providers (CSPs) and their Enterprise customers for fixed, mobile, and IP/PABX communications. […]

FDA Approval

Propeller Health Receives New FDA Clearance for Next Generation Propeller Platform

Propeller Health Receives New FDA Clearance for Next Generation Propeller Platform New low-energy sensor eliminates charging, while enhanced analytics identify worsening patients PR Newswire MADISON, Wis., May 6, 2014 MADISON, Wis. , May 6, 2014 /PRNewswire/ — World Asthma Day — Propeller Health , the FDA-cleared digital health solution for chronic respiratory disease, today announced U.S. […]

Mergers & Acquisitions

Home Inns Group Announces Closing of Yunshang Siji Hotel Management Company Acquisition

Home Inns Group Announces Closing of Yunshang Siji Hotel Management Company Acquisition PR Newswire SHANGHAI, May 6, 2014 SHANGHAI , May 6, 2014 /PRNewswire/ — Home Inns & Hotels Management Inc. (NASDAQ: HMIN) (“Home Inns Group” or “the Company”), a leading economy hotel chain operator in China , today announced that it has completed its previously announced acquisition of Yunshang Siji Hotel Management Company (“Yunshang Siji”). The acquisition closed on May 1, 2014 , with Home Inns Group acquiring 100% ownership of Yunshang Siji from Kunming Department Store (Group) Co., Ltd., a publicly listed company in the domestic A-share market, for cash purchase price of RMB 230 million , subject to customary adjustments […]

Mergers & Acquisitions

blinkx Acquires LYFE Mobile

blinkx Acquires LYFE Mobile Innovative Mobile Programmatic Solution Enables blinkx to further Expand its Footprint and Offerings within the Digital Advertising Ecosystem PR Newswire LONDON and SAN FRANCISCO, May 6, 2014 LONDON and SAN FRANCISCO , May 6, 2014 /PRNewswire/ — blinkx plc (“blinkx” or the “Company”), the Internet media platform that connects consumers with brands through professionally generated content, today announces that it has acquired LYFE Mobile, an innovative mobile Demand Side Platform (DSP) and Data Management Platform (DMP), in an all cash transaction. LYFE Mobile offers a smart mobile technology to programmatically deliver relevant ads to consumers based on their geographic location and other attributes. […]

Mergers & Acquisitions

Medela Acquires Acacia Enteral Feeding Division

Medela Acquires Acacia Enteral Feeding Division – Medela Expands Neonatal Services and Solutions to Support More At-Risk Infants – PR Newswire MCHENRY, Ill., May 6, 2014 MCHENRY, Ill. , May 6, 2014 /PRNewswire/ — Medela today announced the signing of an agreement to acquire the enteral feeding assets of Acacia, Inc., a Brea, Calif. -based company that designs and produces a line of high-quality neonatal feeding devices […]

Mergers & Acquisitions

Argus acquires Metal-Pages, extends metals coverage

Argus acquires Metal-Pages, extends metals coverage PR Newswire SINGAPORE, May 6, 2014 SINGAPORE , May 6, 2014 /PRNewswire/ — Global energy and commodity price reporting agency Argus has bought Metal-Pages, a specialist pricing, news and analysis service focusing on speciality metals, rare earths and ferro-alloys. The acquisition will greatly increase the range of Argus information available to the metals sector. […]

Mergers & Acquisitions

Bayer to acquire consumer care business of US-based Merck & Co., Inc. and to engage in strategic pharma cooperation in the field of sGC modulators

Bayer to acquire consumer care business of US-based Merck & Co., Inc. and to engage in strategic pharma cooperation in the field of sGC modulators Move to significantly strengthen position in consumer care -Purchase price of USD 14.2 billion in cash for Merck & Co., Inc.’s consumer care business -Bayer to become the OTC leader in North America and Latin America and achieve top global positions in key OTC product categories -Strategic pharma collaboration with Merck & Co., Inc. […]

Mergers & Acquisitions

Lexmark commences tender offer for all outstanding shares of ReadSoft

Lexmark commences tender offer for all outstanding shares of ReadSoft PR Newswire LEXINGTON, Ky., May 6, 2014 LEXINGTON, Ky. , May 6, 2014 /PRNewswire/ — Lexmark International, Inc. (NYSE: LXK) today announced the commencement of a cash tender offer for all of the outstanding shares of Sweden -based ReadSoft (NASDAQ OMX: RSOF-B) […]

Momentum Stocks

Bear of the Day: Avon (AVP) – Bear of the Day

Avon Products ( AVP ) is a leading global beauty company, with nearly about $10 billion in annual revenue. The company is the world's largest direct seller with more than 6 million active independent sales representatives. Avon products are available in over 100 countries, and the products include color cosmetics, skincare, fragrance, fashion and home products, under brand names like Avon Color, ANEW, Skin-So-Soft and Advance Techniques. […]

FDA Approval

FDA Approves EPANOVA for the Treatment of Adults with Severe Hypertriglyceridemia

FDA Approves EPANOVA for the Treatment of Adults with Severe Hypertriglyceridemia PR Newswire WILMINGTON, Del., May 6, 2014 WILMINGTON, Del. , May 6, 2014 /PRNewswire/ — AstraZeneca (NYSE: AZN) today announced the US Food and Drug Administration (FDA) approved EPANOVA (omega-3-carboxylic acids) as an adjunct to diet to reduce triglyceride levels in adults with severe hypertriglyceridemia (triglyceride levels greater than or equal to 500 mg/dL). To view the multimedia assets associated with this release, please click: http://www.multivu.com/mnr/7192251-astrazeneca-fda-approval EPANOVA is the first FDA approved prescription omega-3 in free fatty acid form. […]