FDA Approval

Eqalix Announces Publication in Wound Medicine of Pre-Clinical Data on Its Novel Plant Protein-Based Tissue Scaffold Suggesting the Promotion of Skin Healing

Eqalix Announces Publication in Wound Medicine of Pre-Clinical Data on Its Novel Plant Protein-Based Tissue Scaffold Suggesting the Promotion of Skin Healing Experimental product candidate OmegaSkin™ wound dressing shows qualitative differences in wound histology over control wounds PR Newswire RESTON, Va., May 28, 2014 RESTON, Va. , May 28, 2014 /PRNewswire/ — Eqalix, Inc. […]

Mergers & Acquisitions

ILC Dover Acquires JetSolutions SA

ILC Dover Acquires JetSolutions SA Acquisition allows ILC to offer a broad range of solutions from bulk packaging to processing PR Newswire FREDERICA, Del. and ROSSENS, Switzerland, May 28, 2014 FREDERICA, Del. […]

FDA Approval

Expanding Orthopedics Inc. Announces Formation of a European Design Group for its Innovative Expandable Cage Platform

Expanding Orthopedics Inc. Announces Formation of a European Design Group for its Innovative Expandable Cage Platform Expanding Orthopedics names prominent spine surgeons to its European Design Group fueling continuous innovation with its expandable cage platform. PR Newswire OR-AKIVA, Israel, May 28, 2014 OR-AKIVA, Israel , May 28, 2014 /PRNewswire/ — Expanding Orthopedics Inc […]

Mergers & Acquisitions

Medical Record Associates (MRA) Acquires Cancer Registry Division of TrustHCS

Medical Record Associates (MRA) Acquires Cancer Registry Division of TrustHCS PR Newswire BOSTON, May 28, 2014 BOSTON , May 28, 2014 /PRNewswire/ — Medical Record Associates , LLC, (MRA) announces the acquisition of TrustHCS’s cancer registry services division. The acquisition of TrustHCS’s cancer registry business compliments and expands MRA’s existing cancer registry service offerings which assist healthcare customers in maintaining registry compliance, staffing registry programs and preparing for ACoS surveys. […]

Mergers & Acquisitions

Carey Watermark Investors Announces $95 Million Acquisition of Courtyard Times Square West Hotel

Carey Watermark Investors Announces $95 Million Acquisition of Courtyard Times Square West Hotel Centrally Located New York City Property Added to Portfolio PR Newswire NEW YORK, May 28, 2014 NEW YORK , May 28, 2014 /PRNewswire/ — Carey Watermark Investors Incorporated (CWI), a non-traded real estate investment trust (“REIT”) focused on investing in lodging properties, announced that it has acquired the Courtyard Times Square West, a 224-room select-service hotel, located at 307 West 37 th Street in the Times Square area of midtown Manhattan . CWI’s total investment in the property is approximately $95 million . Key Facts Strong market : The New York City lodging market is the strongest performing hotel market in the U.S., benefitting from strong corporate demand as well as leisure demand from both domestic and international travelers. […]

Mergers & Acquisitions

Westlake Chemical Acquires Specialty PVC Producer Vinnolit

Westlake Chemical Acquires Specialty PVC Producer Vinnolit PR Newswire HOUSTON, May 28, 2014 HOUSTON , May 28, 2014 /PRNewswire/ — Westlake Chemical Corporation (NYSE: WLK) announced today that it has signed a definitive agreement to acquire German-based Vinnolit Holdings GmbH and its subsidiary companies from Advent International, a private equity firm. Vinnolit is an integrated global leader in specialty polyvinyl chloride (“PVC”) resins. […]

Mergers & Acquisitions

PetroLogistics LP Agrees To Be Acquired By Flint Hills Resources, LLC

PetroLogistics LP Agrees To Be Acquired By Flint Hills Resources, LLC PR Newswire HOUSTON and WICHITA, Kan., May 28, 2014 HOUSTON and WICHITA, Kan. , May 28, 2014 /PRNewswire/ — PetroLogistics LP (NYSE: PDH) announced today that it and its general partner, PetroLogistics GP LLC, have entered into a definitive agreement to be acquired by Flint Hills Resources, LLC, a subsidiary of Koch Industries, Inc. Under the terms of the acquisition agreement (“Merger Agreement”), Flint Hills Resources will acquire all of PetroLogistics’ outstanding common units for $14.00 per common unit in cash, except for those common units owned by Lindsay Goldberg LLC (” Lindsay Goldberg “), York Capital Management (“York Capital”), PetroLogistics’ Executive Chairman and its President and Chief Executive Officer, which will be acquired for $12.00 per common unit in cash. […]

Mergers & Acquisitions

Valeant Substantially Increases Merger Proposal For Allergan

Valeant Substantially Increases Merger Proposal For Allergan PR Newswire LAVAL, Quebec, May 28, 2014 LAVAL, Quebec , May 28, 2014 /PRNewswire/ — Increases Cash Consideration by $10.00 per share to $58.30 , approximately 21 Percent Increase Maintains 0.83 of a Valeant share Adds Contingent Value Right for DARPin of up to $25.00 per Share in Value Valeant Commits to Invest up to $400 Million in DARPin and Retain Current Allergan Employees Responsible for Development Represents 40 Percent of DARPin Net Sales after Recoupment of the Development Investment Will Host Live Presentation and Webcast Today at 8:00 a.m. ET to Discuss Increased Proposal and Provide Further Clarity on Valeant’s Operating Performance and Business Model Valeant Pharmaceuticals International, Inc. […]

Mergers & Acquisitions

Ellomay Capital Ltd. Expends its Investments in the Spanish Photovoltaic Sector

Ellomay Capital Ltd. Expends its Investments in the Spanish Photovoltaic Sector PR Newswire TEL-AVIV, Israel, May 28, 2014 TEL-AVIV, Israel , May 28, 2014 /PRNewswire/ — Executed a Binding LOI to Acquire 5.6 MWp PV Plants in Spain The Transaction Will Triple the Company’s Operating Assets in Spain Ellomay Capital Ltd. (NYSE MK T : ELLO ; TASE: ELOM ) ( ” Ellomay ” or the ” Company ” ) an emerging operator in the renewable energy and energy infrastructure sector, today announced its entry into a binding Letter of Intent for the purchase of 3 photovoltaic (solar) plants with approximately 5.6MWp (with nominal output of approximately 5.2MWn) in the aggregate (the ” PV Plant s “). […]

Mergers & Acquisitions

Vubiquity Acquires FilmFlex Movies Ltd.

Vubiquity Acquires FilmFlex Movies Ltd. Acquisition Adds Consumer Facing Storefront to AnyVU Cloud Service Offering and Extends International Reach and Licensing Capabilities PR Newswire SHERMAN OAKS, Calif., May, 28 2014 SHERMAN OAKS, Calif. […]

Momentum Stocks

Bear of the Day: PROS Holdings (PRO) – Bear of the Day

PROS Holdings ( PRO ) recently missed the Zacks Consensus Estimates for Q1 on both the top and bottom lines. Although management reiterated its full year revenue guidance, analysts revised their earnings estimates lower for both 2014 and 2015. This sent the stock to a Zacks Rank #5 (Strong Sell) […]

Momentum Stocks

Bull of the Day: Westlake Chemical (WLK) – Bull of the Day

Earnings estimates have risen strongly for Westlake Chemical Corporation ( WLK ) following the company’s 9th consecutive positive earnings surprise on May 5. It is a Zacks Rank #1 (Strong Buy) stock. While shares of Westlake jumped after the latest beat, the valuation picture still looks reasonable, which leaves plenty of room for further upside […]