Economic Data

May to Begin Positive Trend? – Ahead of Wall Street

Friday, May 1, 2015 Stocks are on track to start the first session of May on a positive note. But a lot will depend on the ISM survey coming out a little later to help the indexes end the week on a positive note. The ISM survey and next week’s jobs data will provide greater clarity on whether the Q1 GDP weakness was a replay of last year or the start of something more enduring […]

Mergers & Acquisitions

La Caisse enters partnership to acquire Southern Star Central Corp.

La Caisse enters partnership to acquire Southern Star Central Corp. Canada NewsWire MONTREAL, May 1, 2015 MONTREAL , May 1, 2015 /CNW Telbec/ – La Caisse de d pôt et placement du Qu bec (“CDPQ”) has partnered with GE Unit (NYSE: GE) GE Energy Financial Services to jointly acquire Southern Star Central Corporation from Morgan Stanley Infrastructure. The company has full ownership of Southern Star Central Gas Pipeline Inc. […]

Technicals

Moody’s Corp. (MCO) Beats Q1 Earnings and Revenues – Tale of the Tape

M oody’s Corporation ( MCO ) is a leading provider of credit ratings, research, data & analytical tools, software solutions & related risk management services, quantitative credit assessment services, credit training services and credit process software to banks and other financial institutions. Moody's reports its businesses under two operating divisions – Moody's Investors Service (MIS), which includes all the rating agency businesses, and Moody's Analytics (MA), which includes other non-rating commercial activities. […]

Technicals

WisdomTree Investments (WETF) Earnings Meet Expectations – Tale of the Tape

Have you been eager to see how WisdomTree Investments, Inc. ( WETF ) performed in Q1 in comparison with the market expectations? Let’s quickly scan through the key facts from this New York-based exchange-traded product (‘ETP’) sponsor and asset manager’s earnings release this morning: Earnings In line WisdomTree came out with adjusted earnings per share of 10 cents, in line with the Zacks Consensus Estimate of 10 cents […]

Mergers & Acquisitions

INVESTOR ALERT: Levi & Korsinsky, LLP Notifies Shareholders of ClickSoftware Technologies Ltd. of Commencement of an Investigation Regarding the Fairness of the Sale of the Company to Francisco Partners Management — CKSW

INVESTOR ALERT: Levi & Korsinsky, LLP Notifies Shareholders of ClickSoftware Technologies Ltd. of Commencement of an Investigation Regarding the Fairness of the Sale of the Company to Francisco Partners Management — CKSW PR Newswire NEW YORK, May 1, 2015 NEW YORK , May 1, 2015 /PRNewswire/ — The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased ClickSoftware Technologies Ltd. stock prior to April 30, 2015 . […]

Mergers & Acquisitions

Arbor Investments Announces The Sale Of Gold Standard Baking To Tricor Pacific Capital

Arbor Investments Announces The Sale Of Gold Standard Baking To Tricor Pacific Capital PR Newswire CHICAGO, May 1, 2015 CHICAGO , May 1, 2015 /PRNewswire/ — Arbor Investments announced today that it has completed the sale of its Fund II portfolio company, Gold Standard Baking, to Tricor Pacific Capital. Based in Chicago , Gold Standard is the preeminent manufacturer of frozen laminated dough products sold through grocery retailers, foodservice distributors, quick serve restaurant chains, commissaries and convenience stores throughout North America . Terms of the sale were withheld. […]

Stock Analysts

Rock-Tenn Beats Q2 Earnings, Shares Fall on Revenue Miss

Rock-Tenn Company’ s RKT second-quarter fiscal 2015 (ended Mar 31, 2015) adjusted earnings per share of 85 cents improved 35% from 63 cents in the year-ago quarter driven by strong revenue and operating performance across all its businesses. Earnings came above the company’s guidance range of 70 cents to 75 cents per share and also surpassed the Zacks Consensus Estimate of 73 cents. […]

Stock Analysts

Skyworks (SWKS) Misses on Q2 Earnings, Revenues Up Y/Y

Skyworks Solutions Inc SWKS reported strong second-quarter fiscal 2015 results, driven by superior execution of operational plans and healthy demand pull. GAAP net income for the reported quarter more than doubled to $166.5 million or 85 cents per share from $76.9 million or 40 cents per share in the year-earlier quarter. The healthy year-over-year increase in earnings was primarily driven by higher revenues. […]