Rockwell Automation Challenged by Weak Mining & Oil Prices
On Jun 29, 2015, we issued an updated research report on Rockwell Automation, Inc. ROK . […]
On Jun 29, 2015, we issued an updated research report on Rockwell Automation, Inc. ROK . […]
On Jun 26, 2015, we issued an updated research report on FedEx Corporation FDX – a leading player in the field of global express delivery services. Earlier in the month, the Memphis, TN-based company delivered disappointing numbers in the fourth quarter of fiscal 2015 (ended May 31), missing estimates for both earnings and revenues. Lower fuel surcharges and adverse foreign currency movements at the FedEx Express division hurt the quarterly results […]
Intercept Pharmaceuticals, Inc. ICPT announced that it has achieved two important regulatory milestones related to its lead candidate, obeticholic acid (OCA). The company has completed submitting a rolling new drug application with the FDA (initiated in Dec 2014) for an accelerated approval for OCA for the above indication […]
Rite Aid Corporation RAD has named Bryan Everett as executive vice president of the company’s store operations. Effective Aug 3, Everett will oversee all operations of Rite Aid’s stores across the country and will report to Ken Martindale, Rite Aid’s President and Chief Operating Officer. The company currently operates about 4,600 stores across 31 states and the District of Columbia […]
Generational Equity Announces the Acquisition of MSS Distribution Inc. dba Orbis Logistics by Dicom Transportation Group PR Newswire DALLAS, June 30, 2015 DALLAS , June 30, 2015 /PRNewswire/ — Generational Equity , a leading mergers and acquisitions advisor for privately-held, middle-market businesses, is pleased to announce the acquisition of its client, MSS Distribution Inc. dba Orbis Logistics (Orbis), headquartered in Richmond, Texas , by Dicom Transportation Group , a portfolio company of Wind Point Partners , headquartered in Montreal , Quebec […]
Generational Equity Announces the Acquisition of Salvage Hunter Auto Parts, Inc. by Four Lane Auto Parts, Inc. PR Newswire DALLAS, June 30, 2015 DALLAS , June 30, 2015 /PRNewswire/ — Generational Equity , a leading mergers and acquisitions advisor for privately-held, middle-market businesses, is pleased to announce the acquisition of its client, Salvage Hunter Auto Parts, Inc […]
[marketwatch E131C4FF-6BA1-4E58-8DC3-3F1E8FD2FD44] Apple Music: Five Things You Need to Know […]
Rift Valley Equity Partners Announces Acquisition of M&M Manufacturing PR Newswire NEW YORK and TULSA, Okla., June 30, 2015 NEW YORK and TULSA, Okla. , June 30, 2015 /PRNewswire/ — Rift Valley Equity Partners, LLC (“Rift Valley”), a private investment firm based in New York , announced today that it has acquired the assets of M&M Manufacturing, Inc. through affiliated entity M&M Precision Components, LLC (“M&M” or the “Company”). […]
CLARCOR Inc. CLC exited its legacy packaging business with the sale of J.L. […]
On Jun 29, 2015, shares of Pep Boys – Manny, Moe & Jack PBY reached a 52-week high of $12.56, before eventually closing at $12.16. The closing price represents a year-to-date return of 24.1%. Share Price Drivers Share price of Pep Boys has been mostly moving upward since the company reported a strong year-over-year increase in earnings and revenues for the first quarter of fiscal 2015 (ended May 2, 2015). […]
India’s e-commerce market has been expanding rapidly over the past few years, with consumers turning more and more to the Internet to shop for their needs. Online retailing giant Amazon.com Inc. AMZN is well aware of this fact and therefore has been investing heavily in the market. […]
athenahealth, Inc. ATHN recently announced that its patient access services have been selected by the University of Alabama at Birmingham, which houses the UAB Health System, to enhance care coordination in the ambulatory care space. Per the agreement, UAB Medicine will deploy athenaCoordinator Enterprise patient access services to care transitions and patient referrals at the Kirklin Clinic of UAB Hospital in Birmingham, AL. […]
Exelon Corporation EXC revealed that its Generation segment’s Perryman 6 natural gas power plant in Maryland has started commercial operations on Jun 28, fulfilling its commitment of enhancing natural gas capacity in the state following its merger with Constellation Energy. The 120-megawatt (MW) plant is located at the company's Perryman Generating Station, near Aberdeen Proving Ground, MD. The plant will increase the station's full generating capacity to 475 MW […]
Brazilian state-run energy company Petroleo Brasileiro S.A. or Petrobras PBR has slashed its five-year plan in a bid to tackle its huge debt burden and the repercussions of the money-laundering scandal. For the 2015–19 period, the company plans investment of $130.3 billion, 41% lower than its previous five-year plan. […]
Synopsys Inc. SNPS recently announced the buyout of Elliptic Technologies, in keeping with its strategy of growing through acquisitions. Elliptic is a leading provider of security IP cores and software solutions that address a wide range of security requirements for applications including mobile, automotive, digital home, Internet of Things and cloud computing […]
Kraft Foods Group, Inc. KRFT announced a major management shakeup ahead of its pending merger with H.J. Heinz Company to form The Kraft Heinz Company. […]
Allegion plc ’s ALLE , subsidiary Allegion Luxembourg Holding & Financing S.à r.l, has inked an agreement to acquire SimonsVoss Technologies GmbH from HgCapital for €210 million ($233 million, as of Jun 29). The transaction, subject to certain regulatory approvals, is anticipated to close in the third quarter of 2015. […]
Premier North American food company ConAgra Foods, Inc. CAG reported mixed results for fourth-quarter fiscal 2015 (ended May 31, 2015). We believe the negative impact of the strengthening U.S. […]
Microsoft Corporation ’s MSFT display advertising business has a new owner — AOL. Per a deal signed between the Redmond-based technology giant and AOL, the latter will take over sales of display, mobile and video ads on Microsoft properties like Outlook.com, MSN and Xbox gaming consoles in the U.S. and eight other markets […]
Data Recognition Corporation (DRC) Announces Agreement To Acquire Key Assets of the CTB Assessment Business of McGraw-Hill Education PR Newswire MINNEAPOLIS, June 30, 2015 MINNEAPOLIS , June 30, 2015 /PRNewswire/ — Data Recognition Corporation (DRC), a leading provider of educational assessment services, today announced it has agreed to acquire key assets of the CTB assessment business of McGraw-Hill Education. The move will strengthen DRC’s position as a leader in the development and administration of K–12 assessments. It also enables McGraw-Hill Education to focus more squarely on its core mission of improving results for students, educators and professionals by enhancing teaching and learning […]
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