Technicals

Can the Rally in AcelRx Pharmaceuticals (ACRX) Shares Continue? – Tale of the Tape

AcelRx Pharmaceuticals Inc ( ACRX ) has been on the move lately as the stock has risen by 20.9% in the past four weeks, and it is currently trading well above its 20-Day SMA. This is a pretty solid move higher, but the question that has to be on investors’ minds right now is; can this trend continue? While there can be no telling for sure, it is certainly encouraging that earnings estimates have risen in the past few weeks on the company, suggesting that sentiment on ACRX is moving in the right direction. […]

Mergers & Acquisitions

Global Infrastructure Dividend Fund Confirms Intention to Merge with Middlefield Global Infrastructure Fund

Global Infrastructure Dividend Fund Confirms Intention to Merge with Middlefield Global Infrastructure Fund Canada NewsWire CALGARY, June 3, 2015 CALGARY , June 3, 2015 /CNW/ – Middlefield Group, on behalf of Global Infrastructure Dividend Fund (the “TSX-Listed Fund”), is pleased to announce that, as described in its initial public offering final prospectus dated June 27, 2014 , the TSX-Listed Fund intends to merge with Middlefield Global Infrastructure Fund (the “Mutual Fund”), on or about August 15, 2016 . The objective of the Mutual Fund is to maximize long-term total return by investing primarily in equity and fixed income securities of global issuers with a strategy that focuses on issuers offering exposure to the infrastructure sector. […]

Stock Analysts

Atmel Expands Touch Sensing Family with New Controllers

Leading microcontroller and touch solutions provider Atmel Corporation ATML expanded its industry-leading portfolio of maXTouch U series of touchscreen controllers with six new devices, which offer an ideal combination of performance, power and size. The controllers leverage Atmel’s proprietary picoPower technology. […]

Stock Analysts

Exelon-Pepco Merger Gets Approval from Delaware PSC

The merger between Exelon Corporation EXC and Pepco Holdings Inc. POM has been approved by the Delaware Public Service Commission (PSC) upon the terms set forth in the parties’ application in the Amended Settlement Agreement filed with the PSC on Apr 7, 2015. The companies submitted their original application to merge to the PSC on Jun 18, 2014 […]

Stock Analysts

Aflac (AFL) Subsidiaries’ Ratings Affirmed by A. M. Best

Aflac Inc. ’s AFL life/health insurance subsidiaries – American Family Life Assurance Company of Columbus, American Family Life Assurance Company of Columbus (Japan), American Family Life Assurance Company of New York and Continental American Insurance Company – were affirmed financial strength rating of A+ (Superior) and issuer credit rating (ICR) of “aa-” by A. M. […]

Stock Analysts

Ericsson to Bring Enhanced Television Experience for Brits

Ericsson ERIC recently penned a 7-year playout services contract with one of the leading global public service broadcasters – BBC. The deal signifies Ericsson’s technical expertise in handling sophisticated and dynamic media operations. As per the contract, Ericsson will provide playout and media management services to BBC’s interactive Red Button service and channel portfolio in the UK such as BBC One, BBC Two and CBBC […]

Mergers & Acquisitions

ContiTech Sells Veyance Technologies’ Air Springs Business in the NAFTA Region

ContiTech Sells Veyance Technologies’ Air Springs Business in the NAFTA Region — Divestiture required by anti-trust authorities in the U.S., Mexico and Brazil — Around 530 employees affected by transaction PR Newswire HANOVER, Germany, June 3, 2015 HANOVER, Germany , June 3, 2015 /PRNewswire/ — ContiTech entered into an agreement to sell Veyance Technologies’ North American air springs business to Charlotte-based EnPro Industries Inc. The air springs business will be managed as part of EnPro’s STEMCO division. […]

Mergers & Acquisitions

Genoa, a QoL Healthcare Company Acquires Northeast Pharmaceuticals, Inc.

Genoa, a QoL Healthcare Company Acquires Northeast Pharmaceuticals, Inc. PR Newswire SEATTLE, June 3, 2015 SEATTLE , June 3, 2015 /PRNewswire/ — Genoa has received final approval to acquire Northeast Pharmaceuticals, Inc., bringing together two pharmacy organizations with proven track records for excellent service to individuals with mental illness. Both companies have strong reputations for outstanding customer service, flexibility and delivering true value to their customers. […]