Mergers & Acquisitions

Weinberg Capital Group Announces Acquisition Of Mechanical Servants, LLC

Weinberg Capital Group Announces Acquisition Of Mechanical Servants, LLC Acquisition Represents First New Platform Of 2015 PR Newswire CLEVELAND, March 2, 2015 CLEVELAND , March 2, 2015 /PRNewswire/ — Weinberg Capital Group (“WCG”) announced today the acquisition of Melrose Park, Illinois based Mechanical Servants, LLC D/B/A Convenience Valet (“CV” or the “Company”). The Company was purchased by a group of investors led by WCG from David A. Baum , who will remain a significant shareholder of CV and continue in his current role as President & CEO […]

Kitco Video

Silver Miners Have No More Wiggle Room At Current Prices – Geoff Burns | Kitco News

[youtube 5a8Dd4pK_yk] Continuing our coverage of PDAC at CPM’s Silver Reception, Kitco News speaks with Pan American Silver chief Geoff Burns to see how his company is holding up with lower silver prices. “At current prices, there’s not a lot of deposits that make money,” he says. “It can’t stay at this price very long.” According to Burns, gold and silver prices should be headed higher given current market conditions and continued easing by central banks around the world. […]

Stock Analysts

Netflix Debuts House of Cards, Season 3

While the announcement of Netflix, Inc. ’s NFLX hit series House of Cards season 3 was applauded by its viewers, investors appeared less impressed, keeping share prices range-bound bearish over the past week. Following the announcement, shares fell 1.28% ($8.12) and closed at $474.91 on Friday. […]

Stock Analysts

MRC Global Slides 1% Despite Marathon Oil Deal Extension

The extension of a supply agreement by MRC Global Inc.’s MRC U.S. operating company, McJunkin Red Man Corporation, with Marathon Oil Company MRO failed to exert upward pressure on the share price. Shares of MRC Global lost about 0.5% in the last full day of trading, likely due to broader market fundamentals […]

Stock Analysts

General Motors (GM) to Stop Production in Indonesia

Share price of General Motors Company GM slipped 0.8% to $37.56 on Feb 26 after media reports revealed that the automaker will discontinue its manufacturing operations in Indonesia. In light of the challenges faced by global automakers in the country, General Motors announced that it will stop the production of its vehicles there and eventually close its assembly plant at Bekasi, thus leading to the layoff of 500 workers. Operations in Indonesia are challenging for General Motors as the automaker faces significant competition in the region from Japanese rivals, including Toyota Motor Corp […]

Stock Analysts

Monster Beverage Hits 52-Week High on Solid Q4 Results

Share price of Monster Beverage Corporation MNST reached a fresh 52-week high of $143.90 on Feb 27. Shares of the energy drink company eventually closed at $141.12, yielding a solid year-to-date return of 30.5%. Shares soared a robust 13.1% since the company announced solid fourth-quarter fiscal 2014 results on Feb 26 […]