Mergers & Acquisitions

Glori Energy Acquires South Texas Oil Field

Glori Energy Acquires South Texas Oil Field Estimated 6 million barrels of recoverable oil using AERO Technology PR Newswire HOUSTON, June 4, 2015 HOUSTON , June 4, 2015 /PRNewswire/ — Glori Energy Inc. (NASDAQ: GLRI), an energy technology and oil production company focused on enhanced oil recovery using its proprietary biological AERO ™ System, today announced it has acquired an 84% working interest in a producing oil property in Refugio County, Texas . Glori acquired the Bonnie View field in South Texas due to its substantial residual oil in place and because it is well-suited for the deployment of its AERO technology. […]

Momentum Stocks

Bull of the Day: Juniper Networks (JNPR) – Bull of the Day

As the internet continues to grow in importance and become more ubiquitous, the list of ways to invest in this quickly growing market is soaring as well. But sometimes we forget the ‘backbone’ companies of the internet experience though, and instead we focus in on the sexier names like Facebook in the internet world. However, there are plenty of solid names in the infrastructure space that could actually make for great investments too […]

Momentum Stocks

Bear of the Day: Cincinnati Financial (CINF) – Bear of the Day

Many sectors that are poised to benefit from higher rates are finally starting to see some traction as of late. One great example of this is with the insurance sector as companies here stand to see stronger investment portfolios from a higher rate environment. Firms in this segment generally invest in longer-term fixed income instruments so higher rates will lead to more income for a number of companies in the space. […]

Mergers & Acquisitions

American Realty Capital Hospitality Trust Announces Agreement to Acquire Portfolio of 5 Hotels from Wheelock Street Capital for $92.5 Million

American Realty Capital Hospitality Trust Announces Agreement to Acquire Portfolio of 5 Hotels from Wheelock Street Capital for $92.5 Million Purchase Increases ARC Hospitality’s Pro Forma Lodging Portfolio to 127 Hotels Totaling 15,487 Rooms in 32 States PR Newswire NEW YORK, June 4, 2015 NEW YORK , June 4, 2015 /PRNewswire/ — American Realty Capital Hospitality Trust, Inc. (“ARC Hospitality” or the “Company”) announced today that it has entered into an agreement to acquire a portfolio of five hotels totaling 565 rooms (the “Wheelock Portfolio”) for a purchase price of $92.5 million from affiliates of Wheelock Real Estate Fund, L.P. sponsored by Wheelock Street Capital, LLC (” Wheelock “), a real estate private equity firm. […]

Mergers & Acquisitions

NetDragon Websoft Inc. to Fully Acquire Intelligent Voice and Speech Technology Provider ChiVox

NetDragon Websoft Inc. to Fully Acquire Intelligent Voice and Speech Technology Provider ChiVox PR Newswire HONG KONG, June 4, 2015 HONG KONG , June 4, 2015 /PRNewswire/ — NetDragon Websoft Inc. (“NetDragon”, Stock Code: 777), a leading developer and operator of online games and mobile Internet platforms in China , today announced that it has signed the stock purchase agreement to acquire a 100% stake in ChiVox Co., Ltd. […]

Stock Analysts

Hewlett-Packard’s Split to be Effective from November

According to Reuters, Hewlett-Packard Company HPQ or H-P plans to split into two companies after about a year of consideration from Nov 1 this year. CEO Meg Whitmann made the announcement in an event, HP Discover 2015, in Las Vegas on Tuesday. H-P had announced in Oct 2014 that it will split its enterprise-facing hardware and service business and its consumer-facing computer and printer segments, with both companies trading publicly. […]

Stock Analysts

Walt Disney (DIS) Launches New High-Tech Toy Playmation

The Walt Disney Company DIS has introduced a line of new high-tech toys called Playmation. For the first time, the company has designed its toys in-house instead of the usual policy of granting licenses to other companies. The first series in Playmation will be inspired by Marvel’s Avengers. […]