Stock Analysts

Tutor Perini Falls on Q4 Earnings Miss, Provides 2015 View

Shares of Tutor Perini Corporation TPC plunged more than 10% to close at $23.27, a day after the company reported nearly 18% year-over-year decline in its fourth-quarter earnings on Feb 26. Decreased activity on certain higher-margin projects and tunnel projects on the West Coast pulled down earnings to 56 cents in the reported quarter compared with 68 cents in the year-ago quarter. Earnings also trailed the Zacks Consensus Estimate of 71 cents […]

Mergers & Acquisitions

Mooreland Partners Publishes 2014 Technology M&A Report

Mooreland Partners Publishes 2014 Technology M&A Report 2014 was a record year for technology M&A activity with nearly 4,200 technology companies sold, a 25 percent increase in transatlantic deal activity, and more than $1 trillion in deal flow PR Newswire LONDON, March 2, 2015 LONDON , March 2, 2015 /PRNewswire/ — Mooreland Partners ( http://www.moorelandpartners.com ), a leading global technology-focused M&A advisory firm, today announced the publication of its annual 2014 global technology M&A report offering a unique insight into the flow of M&A transactions between continents, and in particular the transatlantic link. The report provides an in-depth look at M&A in the technology industry through the analysis of 4,186 global M&A transactions that occurred in 2014, representing a record year for technology M&A activity with a 14 percent increase year-on-year, and more than $1 trillion in deal flow. […]

Mergers & Acquisitions

Cardinal Health To Acquire Cordis, A Worldwide Leader In Cardiac And Endovascular Medical Products For $1.944 Billion In Cash

Cardinal Health To Acquire Cordis, A Worldwide Leader In Cardiac And Endovascular Medical Products For $1.944 Billion In Cash PR Newswire DUBLIN, Ohio, March 2, 2015 – Significantly advances Cardinal Health’s offering of interventional cardiology and endovascular solutions for integrated health systems and their patients – Creates immediate global scale and scope – Fiscal 2017, first full post-close year, accretion is expected to be greater than $0.20 in non-GAAP diluted earnings per share from continuing operations; increasingly accretive thereafter DUBLIN, Ohio , March 2, 2015 /PRNewswire/ — Cardinal Health today announced plans to acquire Johnson & Johnson’s Cordis business, a leading global manufacturer of cardiology and endovascular devices, for $1.944 billion in cash, or approximately $1.594 billion , net of the present value of tax benefits. The acquisition is expected to be financed with a combination of $1.0 billion in new senior unsecured notes and the remainder with existing cash. The transaction is expected to close in the United States and key non-U.S […]

Technicals

Weakness Seen in Rofin-Sinar Technologies (RSTI) Estimates: Should You Stay Away? – Tale of the Tape

Similar to wise buying decisions, exiting certain underperformers at the right time helps maximize portfolio returns. Selling off losers can be difficult, but if both the share price and estimates are falling, it could be time to get rid of the security before more losses hit your portfolio. One such stock that you may want to consider dropping is Rofin-Sinar Technologies Inc. […]

Technicals

Aircastle (AYR): Strong Industry, Solid Earnings Estimate Revisions – Tale of the Tape

One stock that might be an intriguing choice for investors right now is Aircastle LTD ( AYR ). This is because this security in the Transportation-Equipment and Leasing space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective. This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board […]

Mergers & Acquisitions

VimpelCom Amsterdam B.V. announces cash tender offer for certain outstanding debt securities

VimpelCom Amsterdam B.V. announces cash tender offer for certain outstanding debt securities PR Newswire AMSTERDAM, March 2, 2015 AMSTERDAM , March 2, 2015 /PRNewswire/ — NOT FOR DISTRIBUTION IN OR INTO ANY PERSON LOCATED OR RESIDENT IN ANY JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT VimpelCom Amsterdam B.V. (the “Company”) announced today that it commenced a cash tender offer (the ” Offer “) for up to U.S. […]

Mergers & Acquisitions

NewBridge Bank and Premier Commercial Bank Complete Merger

NewBridge Bank and Premier Commercial Bank Complete Merger PR Newswire GREENSBORO, N.C., March 2, 2015 GREENSBORO, N.C. , March 2, 2015 /PRNewswire/ — NewBridge Bancorp ( NASDAQ: NBBC ) announced today that NewBridge Bank (“NewBridge”) has successfully completed its merger and systems conversion with Premier Commercial Bank (“Premier”). […]