Similar to wise buying decisions, exiting certain underperformers at the right time helps maximize portfolio returns. Selling off losers can be difficult, but if both the share price and estimates are falling, it could be time to get rid of the security before more losses hit your portfolio. […]
[marketwatch 186E0D88-B06E-4AF2-A91C-450E6FE08BAF] Target CEO Gregg Steinhafel Resigns […]
The Manitowoc Company, Inc. ( MTW ) saw a big move last session, as the company’s shares fell over 10 % on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session […]
WM GreenTech Automotive Corp. Merges With Luxury Sports Car Manufacturer VL Automotive PR Newswire MCLEAN, Va., May 5, 2014 MCLEAN, Va. , May 5, 2014 /PRNewswire/ — GreenTech Automotive Corp (GTA), a Virginia -based wholly owned subsidiary of WM GreenTech Automotive Corp […]
TripAdvisor Acquires Tripbod PR Newswire NEWTON, Mass., May 5, 2014 NEWTON, Mass. , May 5, 2014 /PRNewswire/ — TripAdvisor , the world’s largest travel site*, today announced it has acquired London -based Tripbod, a travel community that helps connect travelers to local experts and, in doing so, is able to deliver to travelers relevant recommendations direct from a local expert. Tripbod employees will operate out of the TripAdvisor London office […]
FDA Approves Ibalizumab Manufactured by WuXi PharmaTech for Treatment of Patients on Expanded Access PR Newswire SHANGHAI and TAIPEI, May 5, 2014 SHANGHAI and TAIPEI , May 5, 2014 /PRNewswire/ — WuXi PharmaTech (NYSE: WX) and TaiMed Biologics today announced that the FDA has approved the first batch of the ibalizumab (TMB-355) drug substance and sterile drug product manufactured at WuXi’s biologics facilities for ongoing treatment of patients under investigator-sponsored IND’s. This is the first reported FDA approval of a sterile biologics product manufactured in China for use under a U.S. […]
Tall Tree Foods Acquires Klement Sausage Company, Inc. PR Newswire HOUSTON and MILWAUKEE, May 5, 2014 HOUSTON and MILWAUKEE , May 5, 2014 /PRNewswire/ — Tall Tree Foods, a portfolio company of Altamont Capital Partners, today announced the acquisition of Klement Sausage Co., Inc. (“Klement’s”), a leading manufacturer of premium sausage based in Milwaukee, Wisconsin . […]
Smith & Wesson Announces Closing of Transaction to Vertically Integrate Precision Plastic Molding Supplier – Asset Acquisition Completed On Schedule – Transaction Expected to be Accretive to Current Fiscal Year Gross Margin and Earnings PR Newswire SPRINGFIELD, Mass., May 5, 2014 SPRINGFIELD, Mass. , May 5, 2014 /PRNewswire/ — Smith & Wesson Holding Corporation (NASDAQ Global Select: SWHC), a leader in firearm manufacturing and design, today announced that it has successfully completed, through a newly formed, wholly owned subsidiary called Deep River Plastics, LLC, the purchase of substantially all of the assets of Tri Town Precision Plastics, Inc., a provider of custom injection molding services, rapid prototyping, and tooling, and a key polymer parts supplier to Smith & Wesson. Through the transaction, which was originally announced on March 24, 2014 , Smith & Wesson acquires a state-of-the-art operation housed in 150,000 square feet of leased manufacturing space that incorporates 45 injection molding machines and complete tool-building capabilities […]
Kalila Medical Announces 510(k) Clearance For The Vado Steerable Sheath Used During Atrial Fibrillation Procedures PR Newswire CAMPBELL, Calif., May 5, 2014 CAMPBELL, Calif. , May 5, 2014 /PRNewswire/ — Kalila Medical, a privately held medical device company focused on the development of next-generation steerable catheter technologies, today announced it has received 510(k) clearance from the United States Food and Drug Administration (FDA) for its Vado™ Steerable Introducer Sheath used during atrial fibrillation (AF) and other procedures requiring vascular and intracardiac access. The Vado Sheath is the first of its kind steerable sheath that does not require pull wires for tip deflection […]
CompTIA Acquires TechAmerica, Bringing Information Communications Technology Spectrum under One Umbrella, Increasing Industry’s Reach and Influence Association Powerhouse Provides Unified Platform for Commercial and Public Sector Interests PR Newswire WASHINGTON, May 5, 2014 WASHINGTON , May 5, 2014 /PRNewswire/ — CompTIA has acquired TechAmerica, complementing its strengths in education, certification, advocacy and philanthropy with TechAmerica’s public sector expertise and member base of large technology companies. The acquisition unites complementary segments of information technology and communications (ICT) under one umbrella to enhance voice, reach and influence. […]
Yongye International, Inc. Sets Meeting Date for Special Meeting of Stockholders to Approve Amended Merger Agreement PR Newswire BEIJING, May 5, 2014 BEIJING , May 5, 2014 /PRNewswire-FirstCall/ — Yongye International, Inc. (NASDAQ: YONG) (“Yongye” or the “Company”), a leading developer, manufacturer, and distributor of crop nutrient products in the People’s Republic of China (“PRC”), today announced that it has called a special meeting of its stockholders (the “Special Meeting”), to be held on June 6, 2014 at 10 a.m […]
American Realty Capital Healthcare Trust Announces Preliminary Results of Tender Offer PR Newswire NEW YORK, May 5, 2014 NEW YORK , May 5, 2014 /PRNewswire/ — American Realty Capital Healthcare Trust, Inc. (“ARC Healthcare” or the “Company”) (NASDAQ: “HCT”) announced today the preliminary results of its tender offer for the purchase of up to 13,636,364 shares of its common stock, which expired at 12:00 Midnight, Eastern Time, on May 2, 2014 . Based on the preliminary count by DST Systems, Inc., the paying agent and depositary for the tender offer, a total of 70,239,505 shares of the Company’s common stock were properly tendered and not properly withdrawn at the purchase price of $11.00 per share, including 2,915,768 shares that were tendered through notice of guaranteed delivery […]
The Social Media Tech-Wreck of 2014 has many interesting casualties. And some are more interesting than others because they had achieved nearly “blue-chip” status in the land of triple-digit P/Es, only to be exposed recently for a lack of follow-through in the earnings department. One such “social media blue-chip” is LinkedIn (LNKD) which offered a mixed earnings report last week and dropped 8% on Friday with heavy volume of 10 million shares […]
[marketwatch 24D597C6-CDAE-4D80-B9B6-0780C6337FF3] Who is Jack Ma? […]
[youtube fmO-ziHU_D8] The 2014 Cross Examination Debate Association’s national championship was held at Indiana University. The all African American female team from Towson University defeated the all African American male team from the University of Oklahoma. Though this my be a first for African American women, it is not a real win for women or African Americans, but a loss for collegiate debate specifically and America in general. […]
[marketwatch B48B64F4-0DD4-4FC8-B76F-090664FA9B8C] Berkshire Shareholder Ponders Life After Buffett […]
[marketwatch 830B9E70-584E-49A1-96AF-589619752B5E] Big News from Berkshire: Coca-Cola, Dividends and More […]
Estee Lauder Companies Inc. ( EL ) posted third-quarter fiscal 2014 earnings of 54 cents per share (excluding restructuring charges) which was within management’s guidance range of 52 to 55 cents. Earnings surpassed prior-year results by 20% […]
[marketwatch 2F1811FB-FADA-4CE5-85A1-8B40B67A5D40] Goldman Sachs Jobs: How Graduates Get Hired […]
[youtube LNgkqvUucWI] In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the $1 trillion humanitarian budget in America and the Roman precedent for it. They also discuss the new World Bank purchasing power parity estimates which see China’s economy surpassing America’s later this year, knocking the US economy off the top where it has been since 1872. In the second half, Max interviews Nafeez Ahmed about Tony ‘Blood for Oil’ Blair and the real reason for the American ‘humanitarian’ military missions to Europe, Asia and beyond […]
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