Month: June 2015

Economic Data

Key Data Reads This Week – Ahead of Wall Street

June 1, 2015 0

Monday, June 1, 2015 The stock market’s see-saw movement continues, with the major indexes on track to start today’s session in the green following the weak Friday session. On the data front, the key reading today is the ISM survey coming out a little later, while the spending numbers earlier this morning came on the weak side. This morning’s April Personal Income & Spending report came in mixed, with income growth coming in better than expected but spending coming up short […]

Economic Data

Investors Focus On Economic Reports – Economic Highlights

June 1, 2015 0

The stock market’s see-saw movement continues, with the major indexes on track to start today’s session in the green following the weak Friday session. On the data front, the key reading today is the ISM survey coming out a little later, while the spending numbers earlier this morning came on the weak side. […]

Mergers & Acquisitions

AGS Completes Acquisition of Cadillac Jack

June 1, 2015 0

AGS Completes Acquisition of Cadillac Jack Transaction Creates Excellent Growth Opportunities in the Class II and Class III Gaming Space PR Newswire LAS VEGAS, June 1, 2015 LAS VEGAS , June 1, 2015 /PRNewswire/ — AGS (“Company”), a leading supplier of Class II and Class III slot machines as well as live table games, has finalized the acquisition of Cadillac Jack , a leading provider of Class II gaming machines for the North American tribal gaming market, with key regions of operation including Alabama , Mexico , and Wisconsin . As previously announced on March 30, 2015 , the deal is valued at $370 million in cash plus a promissory note of $12 million . The acquisition was financed in part with the net proceeds of $265 million of incremental term loans incurred by AP Gaming I, LLC under its First Lien Credit Agreement and $115 million principal amount of 11.25% senior secured PIK notes due 2021 issued by AP Gaming Holdco, Inc […]

Technicals

New Strong Sell Stocks for June 1st – Tale of the Tape

June 1, 2015 0

Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today: 21Vianet Group Inc ( VNET ) Abaxis Inc ( ABAX ) BlackBerry Ltd ( BBRY ) Cheetah Mobile Inc ( CMCM ) DXP Enterprises Inc ( DXPE ) View the entire Zacks Rank #5 List . Want the latest recommendations from Zacks Investment Research? […]

Mergers & Acquisitions

Corporate Visions Announces New Private Equity Partner

June 1, 2015 0

Corporate Visions Announces New Private Equity Partner Sentinel Capital Partners Will Help Accelerate Growth Plans, Including Expanding Solutions and Global Presence for Marketing and Sales Messaging, Content and Skills Leader PR Newswire LARKSPUR, Calif., June 1, 2015 LARKSPUR, Calif. , June 1, 2015 /PRNewswire/ — Corporate Visions, Inc., the leading marketing and sales messaging, content and skills training company , today announced that it has been acquired by Sentinel Capital Partners , one of the nation’s leading lower middle market private equity firms. The investment will provide Corporate Visions with the next infusion of capital it needs to continue its rapid industry growth and expansion plans […]

Mergers & Acquisitions

IBERIABANK Corporation Completes Acquisition of Georgia Commerce Bancshares, Inc.

June 1, 2015 0

IBERIABANK Corporation Completes Acquisition of Georgia Commerce Bancshares, Inc. PR Newswire LAFAYETTE, La., June 1, 2015 LAFAYETTE, La., June 1, 2015 /PRNewswire/ — IBERIABANK Corporation (NASDAQ: IBKC), the holding company of the 128-year-old IBERIABANK ( www.iberiabank.com ), announced completion of the acquisition of Georgia Commerce Bancshares, Inc. (“Georgia Commerce”) and its subsidiary bank, Georgia Commerce Bank, based in Atlanta, Georgia . […]

Stock Analysts

Is Ciena Corporation (CIEN) Likely to Beat Q2 Earnings?

June 1, 2015 0

We expect Ciena Corporation CIEN to beat estimates when it reports second-quarter 2015 results on Jun 4. Last quarter, the company delivered a positive earnings surprise of 150.00%. The company delivered positive earnings surprise in three out of the last four quarters, bringing the average to a negative earnings surprise of 36.25% […]