Communication network solution provider ADTRAN Inc. ADTN announced that Black Sea Systems is leveraging its ProCloud Wi-Fi service to change over to a new business model – that of a managed service provider (MSP). Privately-held Black Sea Systems is a technology consulting firm that focuses on the delivery of reliable and scalable IT solutions […]
California-based low-cost airline Virgin America VA had commenced trading in Nov 2014. The company, partly owned by British billionaire investor Richard Branson, had made an impressive debut on Nasdaq raising $307 million through the offering. This Zacks Rank #2 (Buy) stock has been using the proceeds primarily for general corporate purposes […]
Positive news flowed in for Actavis plc ACT when the European Commission (EC) granted marketing authorization to Xydalba for the treatment of acute bacterial skin and skin structure infections (ABSSSI) in adults to its subsidiary Durata Therapeutics. The approval does not surprise us as the Committee for Medicinal Products for Human Use (CHMP) of the EC gave a positive opinion for the candidate in Dec 2014. […]
Cain and Abel were the two successors of Adam and Eve. At Warren Buffett’s Berkshire Hathaway Inc. BRK.B , the succession story has Jain and Abel in the lead. […]
ViaSat Expands High-Speed Networking Security Portfolio with Acquisition of EAI Design Services Applications include high-speed secure networking and space-hardened high-bandwidth communications PR Newswire CARLSBAD, Calif., March 3, 2015 CARLSBAD, Calif. , March 3, 2015 /PRNewswire/ — ViaSat Inc. (NASDAQ: VSAT), an innovator in satellite and cybersecurity systems and services, has expanded its capabilities in high-speed, low-power secure space-based ASIC and FPGA microprocessor design with the acquisition of the product and technology portfolio of EAI Design Services LLC […]
[marketwatch ADC6D1D6-5558-4191-A0D3-A978A8E137F1] The Future of Private Equity […]
[marketwatch E5E4CEFE-34A5-412E-A135-58FA86196024] Do You Need an MBA to Work at Blackstone? […]
Inception Media Group to Sell Controlling Interest to Cameron Thomson Entertainment Company offers content creators worldwide distribution solution PR Newswire LOS ANGELES, March 3, 2015 LOS ANGELES , March 3, 2015 /PRNewswire/ — Inception Media Group, LLC, a Los Angeles -based media company specializing in the acquisition, licensing and distribution of motion pictures and other filmed entertainment, has executed a Letter of Intent to sell a controlling interest in the company, including its wholly-owned foreign sales subsidiary, Inception Film Partners, LLC, to Toronto -based Cameron Thomson Entertainment Ltd., a division of Cameron Thomson Group Ltd., and a leading television entertainment firm specializing in developing, financing, producing and distributing international lifestyle, drama, documentary and animation programming for worldwide audiences. Pending satisfactory completion of due diligence the proposed acquisition is expected to close within 45 days. Inception Media Group, combined with Inception Film Partners, offers producers and content creators a worldwide distribution solution through its direct domestic retail agreements and network of licensing and distribution partners around the globe […]
American Biosurgical Acquires MTI Corporation PR Newswire ATLANTA, March 3, 2015 ATLANTA , March 3, 2015 /PRNewswire/ — American Biosurgical, LLC (“ABI”) ( www.americanbiosurgical.com ) a privately owned, custom medical cable manufacturer actively engaged in the design, development and production of innovative medical interconnect technologies for the world’s leading medical device companies has announced the acquisition of MTI Corporation, a high precision, low volume custom medical cable manufacturer based in North Carolina. The new business will retain the MTI brand under the name MTI Medical Cables. The acquisition expands ABI’s customer base; and introduces a new product segment, pressure transducer monitoring, within the patient monitoring market. […]
Avis Budget Group, Inc. CAR has been aggressively increasing its presence in fast-growing markets, through alliances, joint ventures and acquisitions. Continuing with this trend, the company announced that it has inked a deal to buy one of Italy’s leading vehicle rental businesses, Maggiore Group […]
Qualcomm Inc. QCOM – the largest manufacturer of wireless semiconductor globally; T-Mobile US, Inc. TMUS – the fourth largest national telecom carrier in the U.S […]
[youtube pnWInmmBcaM] Kitco News continues its PDAC 2015 coverage with David Morgan to talk about how he sees silver set up this year. “I think we’re going to be able to get to the $26 level this year,” he says, adding that he wouldn’t expect much to happen in the metals markets until September. Morgan is also optimistic about gold prices, saying that he expects to see the metal reach $1,550 an ounce by October […]
[marketwatch E7398A8E-4282-4B1E-B72C-07751E75E2D3] Best Strategies for Tax-Free Income […]
Major freight railroad operator, Norfolk Southern Corporation NSC , recently appointed James A. Squires as the chief executive officer (CEO). Aged 53, Squires will succeed Charles Moorman and take office effective Jun 1, 2015. […]
On Mar 2, we downgraded SodaStream International Ltd. SODA to a Zacks Rank #5 (Strong Sell) after it reported weak fourth-quarter 2014 results on Feb 25. […]
Nielsen Holdings N.V. NLSN recently announced that Valcon Acquisition Holding (Luxembourg), the selling stockholder, has priced a secondary offering of 8 million shares. The offering has been priced at $45.21 per share […]
Toyota Motor Corporation ’s TM shares inched down 0.1% on Feb 26, after the company reported a decline in both global and Japanese production, sales and exports in Jan 2015. The stock fell another 1.1% on Feb 27 due to the weakness in the market. Toyota’s total worldwide production fell 3.2% year over year to 828,057 units in Jan 2015 […]
Zacks Investment Research downgraded shares of DISCOVERY COM-C (DISCK) from N/A to NEUTRAL on March 03, 2015, with a target price of $37.10. Discovery Communications is the world's number one nonfiction media company reaching more than 1.5 billion cumulative subscribers in 170 countries. […]
Zacks Investment Research downgraded shares of SMITH MICRO SOF (SMSI) from OUTPERFORM to NEUTRAL on March 03, 2015, with a target price of $1.60. Smith Micro Software, Inc. develops and sells communications software for personal and business use […]
Zacks Investment Research downgraded shares of GREEN BANCORP (GNBC) from NEUTRAL to UNDERPERFORM on March 03, 2015, with a target price of $10.90. Green Bancorp, Inc. […]
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