Month: January 2015

Mergers & Acquisitions

Prosperity Bancshares, Inc. Reports Record Fourth Quarter 2014 Earnings

January 23, 2015 0

Prosperity Bancshares, Inc. Reports Record Fourth Quarter 2014 Earnings – Fourth quarter 2014 earnings per share (diluted) increased 14.3% to $1.12 compared with the fourth quarter 2013 – Net income increased $15.257 million or 24.2% compared with the fourth quarter 2013 – Nonperforming assets remain low at 0.20% of fourth quarter average earning assets – 2014 earnings per share (diluted) increased 18.4% to $4.32 compared with 2013 – Loans increased $1.469 billion or 18.9% compared with 2013 – Deposits increased $2.402 billion or 15.7% compared with 2013 PR Newswire HOUSTON, Jan. […]

Stock Analysts

SABESP: Solid Long-Term Growth Prospects, Risks Prevail

January 22, 2015 0

On Jan 20, 2015, we issued an updated research report on Companhia de Saneamento Basico do Estado de São Paulo ( SBS ) or SABESP . With an increase in the Brazilian population, demand for better water and sewage services is on the rise as well. SABESP, one of the recognized companies in this industry, is well-positioned to benefit from this growing demand. […]

Stock Analysts

CareFusion Shareholders OK Merger with Becton, Dickinson

January 22, 2015 0

Global medical technology companies, CareFusion Corporation ( CFN ) and Becton, Dickinson and Company ( BDX ) recently announced results of the CareFusion special meeting of stockholders, which was held for the investors to consider and vote on the proposed merger of the two companies. At the meeting, held on Jan 21, 2015, CareFusion stockholders approved the definitive merger agreement and transaction, with roughly 76% of shares outstanding cast in favor of the proposal. This latest thumbs-up from the company’s shareholders satisfies an important condition to the proposed acquisition. […]

Stock Analysts

PVH’s Tommy Hilfiger Embarks Digital Sales to Woo Clients

January 22, 2015 0

In an attempt to enhance the buying and selling experience of its retail partners and internal sales teams, PVH Corp. ’s ( PVH ) renowned Tommy Hilfiger brand announced the launch of a digital sales showroom. Situated at the brand’s international headquarters in Amsterdam, The Netherlands, this innovative showroom endeavors to transform the traditional methods of selling. […]