Mergers & Acquisitions

Quaker Chemical Announces Dividend Increase and Share Repurchase Program

Quaker Chemical Announces Dividend Increase and Share Repurchase Program – 7% Increase In Quarterly Dividend – $100 Million Share Repurchase Program Authorized PR Newswire CONSHOHOCKEN, Pa., May 6, 2015 CONSHOHOCKEN, Pa. , May 6, 2015 /PRNewswire/ — Quaker Chemical Corporation (NYSE: KWR) today announced that its Board of Directors has approved several capital actions: A 7% increase in the Company’s quarterly cash dividend to $0.32 per share; and A new share repurchase program authorizing the Company to repurchase up to $100 million of its common stock. Michael F […]

Mergers & Acquisitions

Motorsport.com Acquires Rights to World Endurance Championship Video Series Entitled "Inside the WEC"

Motorsport.com Acquires Rights to World Endurance Championship Video Series Entitled “Inside the WEC” PR Newswire MIAMI, May 6, 2015 MIAMI , May 6, 2015 /PRNewswire/ — Motorsport.com continues to add to one of the world’s largest motorsports online media portfolios as the company today announced it has signed rights to produce and distribute an online video program entitled “Inside the WEC.” G rard Neveu, CEO of the World Endurance Championship, said: “The WEC is attracting a lot of media attention and we are pleased that Motorsport.com has decided to produce and broadcast this video series entitled, ‘Inside the WEC’. The global reach of Motorsport.com, and the fact that the video will be available in several languages apart from English, will help broaden the appeal of the WEC around the world. We look forward to following this excellent series of videos throughout the 2015 season.” The agreement includes territorial rights for non-live distribution within North America and represents the second online video program for Motorsport.com, which also includes the popular “Inside Grand Prix” series […]

Mergers & Acquisitions

MindSmack TV and The Smack Pack Merge to Form Nimble Division

MindSmack TV and The Smack Pack Merge to Form Nimble Division Combining video production & post-production with strategy & creative digital design PR Newswire NEW YORK, May 6, 2015 NEW YORK , May 6, 2015 /PRNewswire/ — Nimble Division ( nimbledivision.com ) combines the successful video and post-production house MindSmack TV (MSTV), and its award-winning interactive design department, The Smack Pack (TSP). This merger, seven years in the making, is led by a team of seasoned video editors, mixers, producers and designers who have creatively supported a wide array of product launches and marketing campaigns. Now high-value video production can be extended to all interactive mediums. […]

Momentum Stocks

Bear of the Day: FARO Tech (FARO) – Bear of the Day

FARO Technologies ( FARO ) had a solid Q4 14, but a negative foreign exchange impact, weak sales in Asia Pacific, weak demand in Brazil and Japan, and a sluggish environment in capital spending significantly hurt Q1 15 numbers. Further, questions of the near term solutions have been met with low expectations and a lack of material near-term catalysts have made FARO Technologies the Zacks Bear of the Day. This Zacks Rank #5 (Strong Sell) and its international subsidiaries are pioneers and market leaders in the computer-aided manufacturing measurement market, which is the final frontier of the computer-aided design and computer-aided manufacturing revolution […]

Stock Analysts

Disney’s ‘Avengers 2’ Secures 2nd Best Opening Weekend

The Walt Disney Company ’s DIS much anticipated Avengers: Age of Ultron amassed a smashing $191.2 million over its debut weekend in North America, finishing as the second biggest opening weekend of all time in the U.S. However, sullying all expectations, Avengers 2 failed to zoom past the $207.4 million record set by its predecessor The Avengers which scored the biggest opening ever in U.S back in 2012. As per Box Office Mojo, the historic Floyd Mayweather-Manny Pacquiao showdown that took place on Saturday offered considerable competition and might have hurt the box office collections. […]

Stock Analysts

InterCloud Systems (ICLD) Soars 50% on NFV Grid Launch

InterCloud Systems, Inc. ICLD , an end-to-end solution provider of value added cloud and managed service based platforms, professional services, applications and infrastructure to both telecommunications companies and enterprises, recently launched a network functions virtualization (NFV) grid to deliver enhanced performance to networking customers. The product is expected to create a niche market for InterCloud and complement its portfolio of cloud and managed services that handle a significant amount of work on any virtual machine manager and focus on enterprise production workloads […]

Stock Analysts

Will McDonald’s’ (MCD) Woes End with Turnaround Plans?

McDonald's Corp. ’s MCD CEO Steve Easterbrook recently announced the initial steps of the company's turnaround plan, which involves the restructuring of its worldwide operation and certain other financial updates. The company will establish new market segments to enhance its value and efficiency and drive faster and more customer-led decisions […]