Mergers & Acquisitions

Decision Resources Group acquires Activate Networks

Decision Resources Group acquires Activate Networks PR Newswire BURLINGTON, Mass., March 2, 2015 BURLINGTON, Mass. , March 2, 2015 /PRNewswire/ — Decision Resources Group, a leading research and advisory company focused on high-value healthcare data, insights and analytics, announced today that it acquired Activate Networks, a provider of network and relationship analysis. Jim Lang , CEO of Decision Resources Group said, “This important acquisition builds on our data-driven solutions and predictive analytics offerings that are becoming increasingly critical for life sciences organizations. […]

Stock Analysts

Does Iconix Q4 Earnings Beat Indicate 2015 Outperformance?

New York-based Iconix Brand Group, Inc. ICON is upbeat on its performance this year backed by fourth-quarter and full-year 2014 earnings outperformance and an acquisition strategy. On Feb 26, Iconix reported solid fourth-quarter and full-year 2014 results, wherein both earnings and sales exceeded the respective Zacks Consensus Estimate on the back of increasing market share of its core brands and international expansion through joint ventures. […]

Stock Analysts

TD Bank Q1 Earnings Reflect Assets Growth, ADRs Gain

ADRs of The Toronto-Dominion Bank TD , also known as TD Bank, have gained nearly 1% since the bank reported its fiscal first-quarter 2015 (ended Jan 31) earnings last Thursday before the opening bell. Adjusted earnings of C$1.12 per share compared favorably with C$1.06 earned in the prior-year quarter. Moreover, adjusted net income came in at C$2.12 billion ($1.82 billion), up 4.9% year over year […]

Stock Analysts

PMC-Sierra (PMCS) Shares Hit New 52-Week High

Shares of technology company, PMC-Sierra PMCS , hit a new 52-week high of $9.58 on Feb 27, eventually closing at $9.50. The company returned 28.97% in one year and 3.77% year-to-date. Average volume of shares traded over the last three months was roughly 1,372K. […]

Stock Analysts

American Vanguard Q4 Earnings, Revenues Trail Estimates

American Vanguard AVD saw higher profit in fourth-quarter 2014 on increased sales, but its results missed expectations. The Newport Beach, CA-based company registered a profit of $1.8 million in the reported quarter, a six-fold year over year rise from $0.3 million recorded a year ago. Earnings per share for the quarter also rose to 6 cents per share from a penny per share a year ago. […]

Stock Analysts

Fortress Investment Beats on Q4 Earnings, AUM Up 9%

Higher revenues drove Fortress Investment Group LLC FIG to deliver a positive earnings surprise of 40% in the final quarter of 2014. On Thursday, the New York- based investment manager reported fourth quarter 2014 pre-tax distributable earnings (DE) of 28 cents per share, outpacing the Zacks Consensus Estimate of 20 cents. Also, the reported figure came ahead of the prior-year quarter figure of 24 cents per share […]

Economic Data

Big Econ News Later This Week – Ahead of Wall Street

Monday, March 2, 2015 Stocks aren’t expected to do much ahead of the open this morning, with market participants looking ahead to key economic readings later today and the rest of this week. The key report today is the February manufacturing ISM survey coming out a little later where the expectation is for the index to modestly pull back from January’s level. Friday’s unexpected drop in the Chicago PMI to that well-regarded survey’s lowest read since 2009 bodes poorly for today’s national reading […]

Economic Data

Markets Looks Forward To Key Economic Readings – Economic Highlights

Stocks aren’t expected to do much ahead of the open this morning, with market participants looking ahead to key economic readings later today and the rest of this week. The key report today is the February manufacturing ISM survey coming out a little later where the expectation is for the index to modestly pull back from January’s level. Friday’s unexpected drop in the Chicago PMI to that well-regarded survey’s lowest read since 2009 bodes poorly for today’s national reading […]

Mergers & Acquisitions

ARCA to Exhibit Cutting-Edge Check-Scanning and Payment Solutions at BAI Payments Connect 2015

ARCA to Exhibit Cutting-Edge Check-Scanning and Payment Solutions at BAI Payments Connect 2015 Expo will showcase dynamic new solutions from both ARCA and CTS PR Newswire MEBANE, N.C., March 2, 2015 MEBANE, N.C. , March 2, 2015 /PRNewswire-iReach/ — ARCA, a global leader in check, card and cash automation solutions announced today that it is exhibiting at BAI Payments Connect. Joining ARCA in the booth will be CTS, a global manufacturer of cash and check processing solutions for retailers and financial institutions. […]

Mergers & Acquisitions

RenaissanceRe Completes Acquisition Of Platinum

RenaissanceRe Completes Acquisition Of Platinum PR Newswire HAMILTON, Bermuda, March 2, 2015 HAMILTON, Bermuda , March 2, 2015 /PRNewswire/ — Platinum Underwriters Holdings, Ltd. (NYSE: PTP) (“Platinum” or the “Company”) announced today that the acquisition of the Company by RenaissanceRe Holdings Ltd. (NYSE: RNR) (“RenaissanceRe”) has been completed and Platinum is now a wholly owned subsidiary of RenaissanceRe […]