Mergers & Acquisitions

Stag Industrial, Inc. Announces Acquisition Activity And Leasing Activity For May 2015

Stag Industrial, Inc. Announces Acquisition Activity And Leasing Activity For May 2015 PR Newswire BOSTON, June 1, 2015 BOSTON , June 1, 2015 /PRNewswire/ — STAG Industrial, Inc. (the “Company”) (NYSE:STAG), a real estate investment trust (REIT) focused on the acquisition and operation of single-tenant, industrial properties throughout the United States , today announced its acquisition and leasing activity for May 2015 […]

Mergers & Acquisitions

Prologis Completes $5.9 Billion KTR Acquisition

Prologis Completes $5.9 Billion KTR Acquisition PR Newswire SAN FRANCISCO, June 1, 2015 SAN FRANCISCO , June 1, 2015 /PRNewswire/ — Prologis, Inc. (NYSE: PLD), the global leader in industrial real estate, today announced it has completed its acquisition of the real estate assets and operating platform of KTR Capital Partners (KTR) and its affiliates for a total purchase price of $5.9 billion . The properties were acquired by Prologis U.S. […]

Technicals

CorpBanca (BCA): Strong Industry, Solid Earnings Estimate Revisions – Tale of the Tape

One stock that might be an intriguing choice for investors right now is CorpBanca ( BCA ). This is because this security in the Banks-Foreign space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective. This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. […]

Mergers & Acquisitions

LenderLive Acquires Walz Group

LenderLive Acquires Walz Group PR Newswire DENVER, June 1, 2015 DENVER , June 1, 2015 /PRNewswire/ — LenderLive, a Denver -based, end-to-end mortgage services provider, announced today that it has completed the acquisition of Walz Group LLC (“WALZ”), a leading provider of regulatory compliance solutions, full-cycle critical document fulfillment and Certified Mail Automation. As a result of the transaction, WALZ will be a stand-alone division of LenderLive, operating under its existing WALZ brand. The current WALZ management team will remain in place, led by founder and president, Rod Walz […]

Mergers & Acquisitions

BNC Bancorp Announces Acquisition Of CertusBank, N.A. Branches

BNC Bancorp Announces Acquisition Of CertusBank, N.A. Branches PR Newswire HIGH POINT, N.C., June 1, 2015 HIGH POINT, N.C. , June 1, 2015 /PRNewswire/ — BNC Bancorp (“BNC,” NASDAQ: BNCN), the parent company for Bank of North Carolina (the “Bank”), today announced that the Bank has entered into a definitive agreement with CertusBank, N.A., a national bank (“Certus”), pursuant to which the Bank has agreed to purchase, and Certus has agreed to sell, approximately $284 million in customer deposits, approximately $210 million in loans, and seven branch offices of Certus’ South Carolina banking operation. […]

Stock Analysts

Big Lots (BIG) Beats Q1 Earnings by a Penny, Rises Y/Y

Big Lots Inc .’s BIG first-quarter fiscal 2015 earnings from continuing operations of 60 cents per share came in a penny ahead of the Zacks Consensus Estimate while rising 20% year over year. Big Lots Inc. – Earnings Surprise | FindTheCompany !function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0],p=/^https:/.test(d.location)?’https’:’http’;if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src=p+”://cdn1.findthebest.com/rx/widgets.js”;fjs.parentNode.insertBefore(js,fjs);}}(document,”script”,”ftb-widgetjs”); Revenues of $1,280.5 million also exceeded the Zacks Consensus Estimate of $1,275 million and were almost flat with the year-ago quarter. […]

Mergers & Acquisitions

SPI to Acquire Energiebau Solar Power GmbH

SPI to Acquire Energiebau Solar Power GmbH Acquisition creates established pan-European footprint for SPI’s global PV wholesale distribution platform PR Newswire SHANGHAI, June 1, 2015 SHANGHAI , June 1, 2015 /PRNewswire/ — Solar Power, Inc. (“SPI”) (OTCBB:SOPW), a vertically-integrated photovoltaic (“PV”) project developer, today announced that a wholly owned subsidiary of SPI has entered into a definitive agreement to acquire certain assets of Energiebau Solar Power GmbH (“Energiebau”), named the “Top PV Wholesale Supplier” for 2012, 2013 and 2014 by the independent market research institute, EuPD Research. Established in 1983, Energiebau is one of the leading suppliers of solar systems in Europe […]

Mergers & Acquisitions

United States Steel Corporation Announces Purchase Of DESCO

United States Steel Corporation Announces Purchase Of DESCO Company makes further investment into lightweighting solutions for the auto industry. PR Newswire PITTSBURGH, June 1, 2015 PITTSBURGH , June 1, 2015 /PRNewswire/ — Today United States Steel Corporation (NYSE: X) announced another strategic step in the company’s Carnegie Way transformation journey by completing the purchase of AK Steel’s interest in Double Eagle Steel Coating Company (DESCO). The 700,000 ton electrolytic-galvanizing line (EGL) will become part of the larger operational footprint of U. […]

Momentum Stocks

Bear of the Day: CBOE (CBOE) – Bear of the Day

I almost feel guilty about writing a Bear of the Day with a big Chicago company as the subject. I’m about as Chicago as it gets from the Cubby blue on my head to the Italian Beef I had for lunch today, to the Jordan’s on my feet. But it’s hard to argue with analyst estimate revisions that have been coming down. […]