Stock Analysts

Deutsche Bank’s $2.5B Portfolio Bought by TGP Real Estate

TPG Real Estate announced the acquisition of a high-yielding loan portfolio from the Germany-based Deutsche Bank AG’s ( DB ) Special Situations Group. The former will own 75% stake in the $2.5 billion portfolio, while the latter retains the remaining 25%. For the purpose of the acquisition, a new REIT, under the name TPG Real Estate Finance Trust (TRT), has been formed which will include 11 origination and risk-management professionals from Deutsche Bank’s Special Situations Group. […]

Stock Analysts

Novartis Submits NDA for Ultibro & Seebri Breezhaler

Investors in the pharma/biotech sector eagerly wait for pipeline updates as they play an important role in deciding whether or not to invest in a particular company. These updates provide information on experimental drugs and at times give an insight on the commercial potential of the candidate once it is successfully developed and commercialized. Novartis ( NVS ) recently announced positive top-line results from phase III trials on chronic obstructive pulmonary disease (COPD) drugs Ultibro Breezhaler 110/50 mcg and Seebri Breezhaler 50 mcg. […]

Stock Analysts

Alcoa Earnings Impressive Again

Alcoa ( AA ) has done it again: another impressively big beat on both the top and bottom lines, this time for Q4 2014. America's biggest aluminum producer posted revenues of $6.38 billion — a 6% beat over top-line expectations — and earnings per share of 33 cents, representing a 27% positive earnings surprise for the quarter. […]

Mergers & Acquisitions

Epic Health Services Expands Presence in Pediatric Health Care with Acquisition of Loving Care Agency

Epic Health Services Expands Presence in Pediatric Health Care with Acquisition of Loving Care Agency PR Newswire DALLAS, Jan. 12, 2015 DALLAS , Jan. 12, 2015 /PRNewswire/ — Epic Health Services Inc., a portfolio company of Webster Capital and Dallas -based provider of pediatric skilled nursing and therapy, announced today that it has entered into a definitive agreement to acquire the parent company and pediatric division of Loving Care Agency , Inc […]

Stock Analysts

Watts Water under Pressure from Weak Euro Zone Business

On Jan 9, 2015, we issued an updated research report on Watts Water Technologies, Inc. ( WTS ), manufacturer and seller of various water safety and flow control products. Watts Water Technologies’ third-quarter 2014 adjusted earnings increased 21% year over year to $0.70 per share, driven by increased volumes in America, cost savings and more stable manufacturing in its lead free foundry […]

Stock Analysts

American Water’s New Jersey Unit Files for Rate Increase

A wholly owned subsidiary of American Water Works Company, Inc. ( AWK ), New Jersey American Water, has filed a rate hike request with the New Jersey Board of Public Utilities (“BPU”). The petition considers the reimbursement of water and wastewater investments made by this subsidiary in the last couple of years or more. […]