Stock Analysts

Leucadia (LUK) Reports Loss in Q4; Revenues Decline Y/Y

Leucadia National Corporation LUK reported disappointing results for fourth-quarter 2014. The company’s bottom line reflected a loss of 1 cent per share as compared with earnings of 5 cents per share in the year-ago quarter. For 2014, the company’s earnings from continuing operations came in at 58 cents per share, down from $1.20 per share in 2013 […]

Mergers & Acquisitions

KPS Capital Partners Portfolio Company International Equipment Solutions Acquires Kodiak

KPS Capital Partners Portfolio Company International Equipment Solutions Acquires Kodiak PR Newswire NEW YORK, March 2, 2015 NEW YORK , March 2, 2015 /PRNewswire/ — KPS Capital Partners, LP (“KPS”) announced today that its portfolio company International Equipment Solutions, LLC (“IES”) has acquired, through a wholly owned subsidiary, Kodiak Mfg. Inc. (“Kodiak” or the “Company”) […]

Mergers & Acquisitions

Johnson & Johnson Announces Binding Offer from Cardinal Health to Acquire Cordis

Johnson & Johnson Announces Binding Offer from Cardinal Health to Acquire Cordis PR Newswire NEW BRUNSWICK, N.J., March 2, 2015 NEW BRUNSWICK, N.J. , March 2, 2015 /PRNewswire/ — Johnson & Johnson (NYSE:JNJ) today announced a binding offer from Cardinal Health to acquire its Cordis business for an aggregate value of $1.99 billion , consisting of $1.944 billion of cash proceeds from Cardinal Health plus approximately $46 million of retained net receivables. Cordis is a leader in the development and manufacture of interventional vascular technology with 2014 net revenues of approximately $780 million […]

Technicals

Can The Uptrend Continue for Sphere 3D (ANY)? – Tale of the Tape

Investors certainly have to be happy with Sphere 3D Corporation ( ANY ) and its short term performance. After all, the stock has jumped by 13% in the past 4 weeks, and it is also above its 20 Day Simple Moving Average as well. This is certainly a good trend, but investors are probably asking themselves, can this positive trend continue for ANY […]

Technicals

Intercept Pharmaceuticals (ICPT) Loss Narrows in Q4 – Tale of the Tape

Intercept Pharmaceuticals, Inc. ( ICPT ) is a New York-based clinical-stage biopharmaceutical company focused on the development and commercialization of therapies for the treatment of chronic liver and intestinal diseases. With no approved products in its portfolio, Intercept Pharma earns revenues from collaborative agreements for the development and commercialization of some of its candidates. […]

Technicals

Can The Uptrend Continue for Emulex (ELX)? – Tale of the Tape

Investors certainly have to be happy with Emulex Corporation ( ELX ) and its short term performance. After all, the stock has jumped by 17.8% in the past 4 weeks, and it is also above its 20 Day Simple Moving Average as well. This is certainly a good trend, but investors are probably asking themselves, can this positive trend continue for ELX? […]

Mergers & Acquisitions

IBERIABANK Corporation Completes Acquisition of Florida Bank Group, Inc.

IBERIABANK Corporation Completes Acquisition of Florida Bank Group, Inc. PR Newswire LAFAYETTE, Louisiana, March 2, 2015 LAFAYETTE, Louisiana , March 2, 2015 /PRNewswire/ — IBERIABANK Corporation (NASDAQ: IBKC), the holding company of the 127-year-old IBERIABANK ( www.iberiabank.com ), announced completion of the acquisition of Florida Bank Group, Inc. (“Florida Bank Group”) and its subsidiary bank, Florida Bank , both of which were based in Tampa, Florida . […]

Mergers & Acquisitions

Honeywell Completes Acquisition Of Datamax-O’Neil

Honeywell Completes Acquisition Of Datamax-O’Neil – Positions Honeywell Scanning & Mobility to Expand in the $1.5B Global Barcode Printing Segment – Acquisition Builds on Existing Printing Capabilities Acquired With Intermec – Datamax-O’Neil Portfolio of Solutions Augments Honeywell’s Ability to Deliver Enhanced Workflow Performance PR Newswire FORT MILL, S.C., March 2, 2015 FORT MILL, S.C. , March 2, 2015 /PRNewswire/ — Honeywell (NYSE: HON) today announced that it has completed its acquisition of Datamax-O’Neil, a global manufacturer of fixed and mobile printers used in a variety of retail, warehouse and distribution, and health care applications. The $185 million deal was announced in December of 2014. […]

Mergers & Acquisitions

Mitel announces definitive agreement to acquire Mavenir

Mitel announces definitive agreement to acquire Mavenir Creates a global leader in converged IP communications for enterprises, service providers and mobile operators PR Newswire BARCELONA, Spain, March 2, 2015 BARCELONA, Spain , March 2, 2015 /PRNewswire/ — Solidifies comprehensive portfolio of unified communications (UCC) and rich communications services (RCS) across fixed and mobile environments Significantly expands Mitel’s addressable market and capitalizes on immediate growth of Voice over LTE (VoLTE) as mobile carriers make the move to all IP and 4G services Adds a new high-growth business unit for Mitel delivering collaboration services across mobile and enterprise networks Expands Mitel’s service provider and mobile operator footprint to over 130 service providers and mobile operators, including 15 of the top 20 mobile carriers worldwide, covering 2 billion subscribers Mitel (Nasdaq:MITL) (TSX:MNW), a global leader in business communications, and Mavenir Systems (NYSE:MVNR), a leading provider of software-based networking solutions for mobile carriers, today announced that that they have entered into a definitive merger agreement in which Mitel will acquire all of the outstanding shares of Mavenir common stock in a cash and stock deal valued at approximately $560 million . Under the terms of the merger agreement, Mitel will commence an exchange offer pursuant to which Mavenir stockholders will be entitled to elect to receive either all-cash or all-stock consideration for each share of Mavenir common stock, subject to proration, in either case with a value of $11.08 plus 0.675 of a Mitel common share, or $17.94 based on the closing price of a Mitel common share on February 27, 2015 . […]