Mergers & Acquisitions

Leading M&A Lawyer Mikhail Semyonov Joins Baker Botts in Moscow

Leading M&A Lawyer Mikhail Semyonov Joins Baker Botts in Moscow Lateral Hire Expands Firm’s Global Projects Practice in Russia PR Newswire MOSCOW, Jan. 7, 2014 MOSCOW , Jan. 7, 2014 /PRNewswire/ — Leading mergers & acquisitions lawyer Mikhail Semyonov has joined Baker Botts as a Global Projects partner in its Moscow office. […]

Stock Analysts

Koninklijke Philips Reaches 52-Week High

Shares of Koninklijke Philips N.V ( PHG ) reached a 52-week high of $37.07 on Monday, Jan 6, 2014. However, the stock closed at $36.54, representing a one-year return of about 37.3% and a decent year-to-date return of about 0.68%. Average volume of shares traded over the last three months stands at approximately 485,090. […]

Stock Analysts

HCA Holdings Hits 52-Week High

On Jan 6, 2013, shares of HCA Holdings, Inc. ( HCA ) reached a new 52-week high of $49.67. The momentum was driven by continued solid performance by the company, strong financial position, increased patient encounters by the company and a raised guidance. […]

Stock Analysts

Should You Stay Invested in Cullen/Frost?

Shares of Cullen/Frost Bankers, Inc. ( CFR ) have recorded a return of 37.5% in 2013. Impressive organic growth, capital adequacy and expansion through recent acquisitions acted as the positives behind this growth story, but we are not so optimistic about these positives translating to further price appreciation down the road as there will be significant pressure due to its rising level of non-interest expenses. […]

Mergers & Acquisitions

NRT’s Sotheby’s International Realty Enters Houston with Strategic Acquisition of Martha Turner Properties

NRT’s Sotheby’s International Realty Enters Houston with Strategic Acquisition of Martha Turner Properties Prominent Luxury Real Estate Brokerage Strengthens Market Presence in the Southwest with the Addition of One of the Nation’s Most Productive Real Estate Firms PR Newswire NEW YORK and HOUSTON, Jan. 7, 2014 NEW YORK and HOUSTON , Jan. 7, 2014 /PRNewswire/ — Sotheby’s International Realty, Inc., a residential real estate brokerage firm representing fine properties in some of the world’s most sought-after markets, announced today that it has acquired Martha Turner Properties in Houston , the most successful independent real estate brokerage in Houston as well as one of the nation’s leading real estate firms based on closed sales volume per agent. […]

Mergers & Acquisitions

Macdonald Chisholm Trask to join BrokerLink

Macdonald Chisholm Trask to join BrokerLink Canada NewsWire HALIFAX, Jan. 7, 2014 HALIFAX , Jan. 7, 2014 /CNW/ – Macdonald Chisholm Trask Insurance (MCT), one of Atlantic Canada’s most respected insurance brokerages, announced today it will join BrokerLink, one of the largest Canadian property and casualty insurance brokerages […]

Economic Data

Is the Growth Momentum for Real? – Ahead of Wall Street

Tuesday, January 7, 2014 Stocks appear on track for a positive open today following a mediocre run in the first few trading sessions of the New Year. Part of that is giveback for the strong gains in December, but we don’t have much on the data front either. The jobs data later this week and the 2013 Q4 earnings season getting underway next week will likely provide some catalysts for stocks […]

Mergers & Acquisitions

Investcorp acquires significant minority stake in Turkey’s Namet

Investcorp acquires significant minority stake in Turkey’s Namet PR Newswire NEW YORK, Jan. 7, 2014 NEW YORK , Jan. 7, 2014 /PRNewswire/ — Investcorp, a global provider and manager of alternative investment products, today announced that Investcorp and other related Investcorp entities have acquired a significant minority stake in Namet Gida Sanayi ve Ticareti A.S. […]