Month: May 2015

Mergers & Acquisitions

SAIC Completes Acquisition of Scitor

May 4, 2015 0

SAIC Completes Acquisition of Scitor Two highly complementary companies join to provide increased opportunities for customers SAIC expands its intelligence community and U.S. Air Force market portfolios PR Newswire MCLEAN, Va., May 4, 2015 MCLEAN, Va. […]

Mergers & Acquisitions

Atlantic Alliance Partnership Corp. Completes $76.9 Million Initial Public Offering

May 4, 2015 0

Atlantic Alliance Partnership Corp. Completes $76.9 Million Initial Public Offering PR Newswire NEW YORK, May 4, 2015 NEW YORK , May 4, 2015 /PRNewswire/ — Atlantic Alliance Partnership Corp. (NASDAQ: AAPC) today announced the closing of its previously announced initial public offering of 7,687,500 ordinary shares (which includes a partial exercise by the underwriters of their over-allotment option in the amount of 187,500 shares) at $10.00 per share for gross proceeds to the Company of $76,875,000 […]

Mergers & Acquisitions

Jefferson and Abington Now One

May 4, 2015 0

Jefferson and Abington Now One Merger Marks New Era in Greater Patient Access to Value-Based Healthcare New Combined Clinical Entity to be known as Jefferson Health PR Newswire PHILADELPHIA and ABINGTON, Pa., May 4, 2015 PHILADELPHIA and ABINGTON, Pa. , May 4, 2015 /PRNewswire/ — Jefferson and Abington Health today announced their “hub and hub” merger has been completed, marking a new era in urban/suburban access to some of the nation’s finest clinicians, scientists, academicians and healthcare professionals. […]

Stock Analysts

Enbridge Energy Q1 Earnings Rise, Revenues Fall Y/Y

May 4, 2015 0

Enbridge Energy Partners L.P. EEP reported first-quarter 2015 adjusted earnings of 26 cents per unit, which increased 30% from the year-earlier profit of 20 cents. Total revenue in the quarter was down 31.3% year over year at $1,428.6 million from the year-ago level of $2,079.6 million […]

Stock Analysts

Marathon Oil (MRO): What’s in Store this Earnings Season?

May 4, 2015 0

Marathon Oil Corporation MRO is set to release first-quarter 2015 financial results after the closing bell on May 6. The oil and natural gas exploration and production (E&P) firm failed to meet the Zacks Consensus Estimate in three of the trailing four quarters and delivered an average negative surprise of 132.26%. […]

Stock Analysts

Is Spectra Energy (SE) Poised to Beat on Q1 Earnings?

May 4, 2015 0

Spectra Energy Corporation SE is expected to report first-quarter 2015 earnings on May 6. Spectra Energy surpassed the Zacks Consensus Estimate in three of the trailing four quarters. In the last reported quarter, the company delivered a positive earnings surprise of 51.61%. […]

Stock Analysts

Will HSBC Q1 Earnings be Hit by Higher Operating Expenses?

May 4, 2015 0

HSBC Holdings plc HSBC is slated to report first-quarter 2015 results on Tuesday, May 5. In the preceding quarter, this foreign bank delivered dismal earnings owing to fines and other regulatory issues. Higher operating expenses were partially offset by a fall in loan impairment charges and stable revenues […]

Stock Analysts

Novo Nordisk (NVO) Beats on Q1 Earnings, Updates Outlook

May 4, 2015 0

Although the earnings season is coming to a close, few companies are yet to report their results. Late last week, Novo Nordisk A/S NVO reported first-quarter 2015 earnings of 57 cents per American Depositary Receipt, beating the Zacks Consensus Estimate of 39 cents and exceeding the year-ago earnings of 45 cents. Revenues increased 2.3% year over year to $3.8 billion. […]