Month: May 2014

Mergers & Acquisitions

Levine Leichtman Acquires the Material Handling Products Division of FMC Technologies

May 1, 2014 0

Levine Leichtman Acquires the Material Handling Products Division of FMC Technologies PR Newswire LOS ANGELES, May 1, 2014 LOS ANGELES , May 1, 2014 /PRNewswire/ — Levine Leichtman Capital Partners (“LLCP”), a Los Angeles -based private equity firm, announced today that it has completed the previously announced acquisition of the products division of the material handling business of FMC Technologies, Inc. (NYSE: FTI). The new company will be named Syntron Material Handling, LLC (“Syntron”). […]

Technicals

Can the Rally in RTI Surgical (RTIX) Shares Continue? – Tale of the Tape

May 1, 2014 0

RTI Surgical Inc ( RTIX ) has been on the move lately as the stock has risen by 5.5% in the past four weeks, and it is currently trading well above its 20-Day SMA. This is a pretty solid move higher, but the question that has to be on investors’ minds right now is; can this trend continue? While there can be no telling for sure, it is certainly encouraging that earnings estimates have risen in the past few weeks on the company, suggesting that sentiment on RTIX is moving in the right direction […]

Technicals

Is Cempra (CEMP) Ready to Breakout? – Tale of the Tape

May 1, 2014 0

Cempra Inc ( CEMP ) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for CEMP broke out below the 200 Day Simple Moving Average, suggesting short-term bearishness. This has already started to take place, as the stock has moved lower by 20.9% in the past four weeks […]

Technicals

Moving Average Crossover: Great News for Addus (ADUS)? – Tale of the Tape

May 1, 2014 0

Addus Homecare Corporation ( ADUS ) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for ADUS broke out below the 200 Day Simple Moving Average, suggesting short-term bearishness. This has already started to take place, as the stock has moved lower by 9.7% in the past four weeks. […]

Technicals

Orange SA (ORAN) Enters Overbought Territory – Tale of the Tape

May 1, 2014 0

Although Orange SA ( ORAN ) is up over 9.6% in the past four weeks, investors may be concerned. After all, ORAN is now in overbought territory, at least when looking at its RSI value of 77.2. If that wasn’t enough, investors should also note that Orange SA possesses a Zacks Rank #4 (Sell), so if analyst perception is any guide, we could witness a slump in ORAN shares before too long. […]

Mergers & Acquisitions

Genstar Capital to Acquire Pretium Packaging

May 1, 2014 0

Genstar Capital to Acquire Pretium Packaging Leading Manufacturer of Custom Rigid Plastic Packaging Solutions PR Newswire SAN FRANCISCO, May 1, 2014 SAN FRANCISCO , May 1, 2014 /PRNewswire/ — Genstar Capital, LLC, a leading middle market private equity firm that focuses on investments in targeted segments of the industrial technology, software, financial services and healthcare industries, today announced the signing of a definitive agreement to acquire Pretium Packaging, LLC, one of the nation’s largest manufacturers of customized, high performance rigid plastic bottles and containers. The transaction is expected to close in June 2014 . […]