Stock Analysts

Zions Unveils Restructuring Plans, Updates Outlook

In an effort to improve profitability metrics, Zions Bancorporation ZION revealed a corporate restructuring and a number of initiatives to drive revenues and reduce expenses. With its organizational and operational modifications, the Utah-based bank intends to provide better customer experience, simplify the corporate structure and significantly drive positive operating leverage. In Brief The organizational restructuring move primarily includes consolidation of seven bank charters into one single charter bank, through maintaining local leadership, local products and services pricing and local brands […]

Mergers & Acquisitions

Wyndham Vacation Rentals Adds California to Portfolio with Acquisition of Vacation Palm Springs

Wyndham Vacation Rentals Adds California to Portfolio with Acquisition of Vacation Palm Springs PR Newswire PARSIPPANY, N.J., June 2, 2015 PARSIPPANY, N.J. , June 2, 2015 /PRNewswire/ — Wyndham Vacation Rentals , the world’s largest professional manager of vacation rental properties and part of the Wyndham Worldwide family of brands (NYSE: WYN), announced that it has acquired Vacation Palm Springs. […]

Mergers & Acquisitions

Motorsport.com Expands International Growth by Acquiring Brazilian Auto Racing Website TotalRace.com.br

Motorsport.com Expands International Growth by Acquiring Brazilian Auto Racing Website TotalRace.com.br Felipe Motta Appointed Director of Motorsport.com – BRAZIL PR Newswire MIAMI, June 2, 2015 MIAMI , June 2, 2015 /PRNewswire/ — Motorsport.com , a Miami based global technology and multimedia company, today announced it has signed an agreement with www.TotalRace.com.br , Brazil’s second-largest provider of online auto racing news and content. “There is a significant opportunity for the Motorsport.com brand in Brazil and I’m delighted to announce our partnership with Totalrace.com.br,” said Charles Bradley , Editor in Chief, Motorsport.com . ” Brazil has a proud motorsport heritage, including such racing legends as Formula One World Champions Nelson Piquet, Emerson Fittipaldi , and Ayrton Senna […]

Economic Data

Ongoing Read of the Tea Leaves – Ahead of Wall Street

Tuesday, June 2, 2015 Stocks are indicated to start today’s session modestly in the red, likely a reaction to fresh headlines about Greece. But the market’s primary preoccupation lately has been the Fed and it has been trying to handicap the central bank’s next move through incoming economic data. […]

Technicals

Will MaxPoint Interactive (MXPT) Continue to Surge Higher? – Tale of the Tape

MaxPoint Interactive Inc ( MXPT ) has been on the move lately as the stock has risen by 41.9% 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 MXPT is moving in the right direction. […]

Mergers & Acquisitions

Accuratus Lab Services Expands Capabilities with Acquisition of CMC Operation of Array BioPharma

Accuratus Lab Services Expands Capabilities with Acquisition of CMC Operation of Array BioPharma PR Newswire EAGAN, Minn. and WELLESLEY, Mass., June 2, 2015 EAGAN , Minn. and WELLESLEY, Mass., June 2, 2015 /PRNewswire/ — Today, Accuratus Lab Services (Accuratus) and its principal owner, Ampersand Capital Partners (Ampersand), announced the acquisition of the chemistry, manufacturing and controls (CMC) operation of Array BioPharma Inc […]

Mergers & Acquisitions

China Cord Blood Corporation’s Special Committee Appoints Independent Financial Advisor and Legal Counsel to Evaluate Non-binding "Going Private" Proposal

China Cord Blood Corporation’s Special Committee Appoints Independent Financial Advisor and Legal Counsel to Evaluate Non-binding “Going Private” Proposal PR Newswire HONG KONG, June 2, 2015 HONG KONG , June 2, 2015 /PRNewswire/ — China Cord Blood Corporation (NYSE: CO) (“CCBC,” the “Company,” “we,” “us” and “our”), China’s leading provider of cord blood collection, laboratory testing, hematopoietic stem cell processing and stem cell storage services, today announced that the Special Committee of the Company’s board of directors (the “Special Committee”) has appointed Houlihan Lokey ( China ) Limited as its independent financial advisor, Cleary Gottlieb Steen & Hamilton LLP as its United States legal counsel and Maples & Calder as its Cayman Islands legal counsel. As previously announced, the Company’s board of directors formed the Special Committee to review and evaluate the April 27, 2015 non-binding proposal from Golden Meditech Holdings Limited (“Golden Meditech”) to acquire all of the outstanding ordinary shares of the Company not already directly or indirectly owned by Golden Meditech in a “going private” transaction. […]