Mergers & Acquisitions

VR Advisory Services Ltd announces ownership in Energizer Resources Inc.

VR Advisory Services Ltd announces ownership in Energizer Resources Inc. Canada NewsWire TORONTO, May 5, 2015 TORONTO , May 5, 2015 /CNW/ – On May 4, 2015 , VR Global Partners, L.P. (” VRGP “, together with VR Capital Group Ltd., collectively, the ” VR Entities “), a private investment fund managed by VR Advisory Services Ltd (” VR “), acquired ownership of 3,334,000 special warrants (the ” Special Warrants “) of Energizer Resources Inc. […]

Stock Analysts

Will Kimco (KIM) Beat Q1 Earnings on High Same-Store NOI?

We expect Kimco Realty Corporation KIM to beat earnings expectations when it reports first-quarter 2015 results on May 6, after the market closes. Why a Likely Positive Surprise? Our proven model shows that Kimco – the New Hyde Park, NY-based retail real estate investment trust (“REIT”) – has the right combination of two key ingredients for an earnings beat […]

Stock Analysts

What’s in Store for GW Pharmaceuticals in Q2 Earnings?

GW Pharmaceuticals plc GWPH is expected to report second-quarter fiscal 2015 results on May 6. Last quarter, the company posted a positive earnings surprise of 71.43%. The company has a solid track record having delivered positive surprises in three of the last four quarters with an average beat of 108.17% […]

Stock Analysts

Wells Fargo Faces LA Lawsuit for Unethical Conduct

Wells Fargo & Company WFC faces a civil lawsuit, filed by Mike Feuer, attorney of the city of Los Angeles, for unethically treating its employees and customers. Per the filing, the financial bigwig has been accused of setting impractical sales targets for its employees, inducing them to adopt fraudulent means for meeting the set quotas. […]

Stock Analysts

Goldman (GS) Looking to Divest Colombian Coal Mines?

The Goldman Sachs Group, Inc. GS is in talks to sell its Colombian coal mines at a loss, per a Wall Street Journal report. The news does not come as a surprise, as per a two-year Senate investigation report released last November, it came into light that the New York based firm was contemplating the sale of coal mines in Colombia […]

Stock Analysts

Groupon Misses Revs, Guides Low; EA Beats

After the closing bell Tuesday, both Groupon (( GRPN ) and Electronic Arts ( EA ) reported quarterly earnings results. The daily deals company met Q1 earnings expectations of -$0.01 but came up well short of sales estimates: $750 million as opposed to $768 million expected. […]

Stock Analysts

Will ARIAD’s (ARIA) Iclusig Drive Sales this Earnings?

ARIAD Pharmaceuticals, Inc. ARIA is set to report first-quarter 2015 results on May 7, before market open. ARIAD’s performance has been encouraging in 2014 with the company reporting a narrower-than-expected loss in three of the last four trailing quarters with an average beat of 22.38%. […]

Mergers & Acquisitions

AllianceBernstein National Municipal Income Fund, Inc. And Alliance California Municipal Income Fund, Inc. Announce Intention To Conduct Tender Offers For Auction Preferred Shares

AllianceBernstein National Municipal Income Fund, Inc. And Alliance California Municipal Income Fund, Inc. Announce Intention To Conduct Tender Offers For Auction Preferred Shares PR Newswire NEW YORK, May 5, 2015 NEW YORK , May 5, 2015 /PRNewswire/ — AllianceBernstein National Municipal Income Fund, Inc. […]

Mergers & Acquisitions

BCE and Rogers’ acquisition of GLENTEL: Competition Bureau reaches agreement with BCE and Rogers on measures to preserve competition in the wireless telecommunications sector

BCE and Rogers’ acquisition of GLENTEL: Competition Bureau reaches agreement with BCE and Rogers on measures to preserve competition in the wireless telecommunications sector Canada NewsWire OTTAWA, May 5, 2015 OTTAWA , May 5, 2015 /CNW/ – BCE Inc. and Rogers Communications Inc. have reached an agreement with the Competition Bureau that resolves the Bureau’s concerns that the acquisition by BCE of wireless retailer GLENTEL Inc […]

Mergers & Acquisitions

Competition Bureau clears sale of GLENTEL to Bell

Competition Bureau clears sale of GLENTEL to Bell Canada NewsWire BURNABY, BC, May 5, 2015 GLENTEL announces Shareholder Election Deadline BURNABY, BC , May 5, 2015 /CNW/ – GLENTEL Inc. (TSX: GLN) today announced that Canada’s Competition Bureau has issued a “no action letter” with regard to GLENTEL’s previously announced acquisition by BCE Inc. (TSX, NYSE: BCE; Bell). […]

Mergers & Acquisitions

Generational Capital Markets Announces the Acquisition of DeWitt Petroleum by SC Fuels

Generational Capital Markets Announces the Acquisition of DeWitt Petroleum by SC Fuels PR Newswire DALLAS, May 5, 2015 DALLAS , May 5, 2015 /PRNewswire/ — Generational Capital Markets, Inc. , member FINRA/SIPC, (GCM) an advisor to privately-held businesses for mergers & acquisitions, is pleased to announce the acquisition of its client, DeWitt Petroleum , headquartered in South El Monte, California , by SC Fuels , headquartered in Orange, California. The acquisition closed on May 1, 2015 […]