Mergers & Acquisitions

Jaguar Land Rover Automotive plc Announces Offer to Purchase and Consent Solicitation for its $410,000,000 8.125% Senior Notes due 2021

Jaguar Land Rover Automotive plc Announces Offer to Purchase and Consent Solicitation for its $410,000,000 8.125% Senior Notes due 2021 PR Newswire LONDON, March 3, 2015 LONDON , March 3, 2015 /PRNewswire/ — Jaguar Land Rover Automotive plc (the “Company”), the parent company of the Jaguar Land Rover group of companies and a subsidiary of Tata Motors Limited, announces today that it is offering to purchase for cash (the “Offer”) any and all of its outstanding 8.125% Senior Notes due 2021 (the “Notes”) guaranteed on a senior basis by Jaguar Land Rover Holdings Limited (previously Land Rover), Jaguar Land Rover Limited (previously Jaguar Cars Limited), JLR Nominee Company Limited (previously Jaguar Land Rover Exports Limited in 2013 and Jaguar Cars Exports Limited in 2012), Land Rover Exports Limited and Jaguar Land Rover North America, LLC (collectively, as “Guarantors”), upon the terms and conditions set forth in the offer to purchase and consent solicitation statement dated 3 March 2015 (the “Statement”). In connection with the Offer, the Company is soliciting consents (the “Consents”) from holders of the Notes (each a “Holder” and, collectively, the “Holders”) to certain proposed amendments (the “Proposed Amendments”) to the indenture dated 19 May 2011 (the “Indenture”) under which the Notes were issued (the “Consent Solicitation”, and together with the Offer, the “Offer and Consent Solicitation”). […]

Mergers & Acquisitions

Vibra Bank Receives Award as Number 1 SBA Lender

Vibra Bank Receives Award as Number 1 SBA Lender PR Newswire CHULA VISTA, Calif., March 3, 2015 CHULA VISTA, Calif. , March 3, 2015 /PRNewswire/ — Vibra Bank (“VBBK”- OTCQB), reported today that it has been recognized as the #1 “small size” SBA 7(a) lender for all of 2014 by the San Diego District Office of the U.S. Small Business Administration […]

Stock Analysts

Cninsure Q4 Earnings Beat as Revenues Rise, View Upbeat

Cninsure Inc. CISG posted net income of 9 cents per share in the fourth quarter of 2014, which surpassed the Zacks Consensus Estimate by 80% and improved 5.6% year over year. The stellar results came on the back of top-line growth, which stemmed from strong performance by the property and casualty insurance agency business and insurance brokerage business […]

Stock Analysts

Air Methods (AIRM) Q4 Earnings Top Estimates, Surge Y/Y

Air Methods Corp AIRM reported adjusted earnings per share (EPS) of 61 cents in the fourth quarter of 2014, which breezed past the Zacks Consensus Estimate of 45 cents. Adjusted EPS also surged 60.5% from the prior-year quarter. Air Methods Corporation – Earnings Surprise | FindTheCompany Quarter Details Total revenue increased 12% year over year to $249 million, in line with the Zacks Consensus Estimate […]

Technicals

Should You Sell Navistar International (NAV) Before Earnings? – Tale of the Tape

Investors are always looking for stocks that are poised to beat at earnings season and Navistar International Corporation ( NAV ) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report. That is because Navistar International is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. […]