Month: June 2015

Mergers & Acquisitions

Behrman Capital Portfolio Company DDC Acquires Emrise Electronics Ltd.

June 30, 2015 0

Behrman Capital Portfolio Company DDC Acquires Emrise Electronics Ltd. PR Newswire NEW YORK, June 30, 2015 NEW YORK , June 30, 2015 /PRNewswire/ — Behrman Capital, a private equity investment firm based in New York and San Francisco , today announced that its portfolio company Data Device Corporation (DDC), a leader in high reliability connectivity, power, and control solutions, has acquired Emrise Corporation’s (OTCQB: EMRI) electronic devices group, Emrise Electronics Ltd. Emrise Electronics is comprised of XCEL Power Systems Ltd and Pascall Electronics Ltd, which are international market leaders in high reliability power conversion products. […]

Stock Analysts

Nasdaq to Boost Exchanges with Index Calculation System

June 30, 2015 0

The Nasdaq OMX Group, Inc. NDAQ recently launched a unique solution to provide marketplaces with an extremely adaptable index calculation platform – the Nasdaq Index Calculation System. With this launch, Nasdaq intends to provide the marketplaces with an intuitive, index calculation platform that aims to make the computation of multi-asset, multi-currency indices very convenient […]

Stock Analysts

Campbell Soup Concludes Garden Fresh Buy, Grows Portfolio

June 30, 2015 0

Campbell Soup Company CPB has closed its previously announced acquisition of leading refrigerated salsa maker, Garden Fresh Gourmet for $231 million. The acquisition is in line with the company’s initiative to expand its packaged fresh and organic foods categories. Garden Fresh Gourmet, which also makes hummus, dips and tortilla chips, will be a part of Campbell’s recently formed Campbell Fresh unit that include Bolthouse Farms fresh carrots, refrigerated juices, salad dressings and kids snacks, the 1915 brand of cold-pressed organic juices and Campbell's retail refrigerated soups […]

Stock Analysts

Calgon Carbon Disappointed with Supreme Court’s Decision

June 30, 2015 0

Calgon Carbon Corporation CCC has expressed its disappointment over the U.S. Supreme Court’s ruling that overturned the Environmental Protection Agency’s (“EPA”) MATS (Mercury and Air Toxics Standards) rule. The MATS rule would have stood for the first national standard for the reduction of power plant emissions of mercury and other air toxins […]

Mergers & Acquisitions

Grupo Posadas Announces Early Settlement of its Tender Offer and Consent Solicitation for Any and All of its Outstanding 7.875% Senior Notes due 2017

June 30, 2015 0

Grupo Posadas Announces Early Settlement of its Tender Offer and Consent Solicitation for Any and All of its Outstanding 7.875% Senior Notes due 2017 PR Newswire MEXICO CITY, June 30, 2015 MEXICO CITY , June 30, 2015 /PRNewswire/ — Grupo Posadas, S.A.B. de C.V. (the “Company”) announces that early settlement of its previously announced offer to purchase for cash (the “Tender Offer”) any and all of its U.S. […]

Mergers & Acquisitions

HGS to Acquire Significant Part of Mphasis’ India Domestic BPM Business

June 30, 2015 0

HGS to Acquire Significant Part of Mphasis’ India Domestic BPM Business PR Newswire BANGALORE, India, June 30, 2015 BANGALORE, India , June 30, 2015 /PRNewswire/ — Acquisition to add new capabilities , expand presence across India Hinduja Global Solutions Limited ( HGS ) (Listed on NSE & BSE, India ) today announced that it has signed definitive agreements with leading IT services provider Mphasis Group to acquire a significant portion of their domestic business, subject to regulatory approvals. Upon completion, the acquisition will strengthen HGS’ presence in India by adding newer service capabilities and marquee clients in the telecom and banking & financial services (BFS) verticals while bringing in over 7,000 customer experience professionals. The addition of seven delivery centers across six cities – Noida, Raipur, Indore, Mangalore, Pune and Bangalore will help HGS gain a stronger delivery footprint in the country […]

Technicals

Is TAL Education Group (XRS) Stock a Solid Choice Right Now? – Tale of the Tape

June 30, 2015 0

One stock that might be an intriguing choice for investors right now is TAL Education Group ( XRS ). This is because this security in the schools 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

Stockton Group Receives $90 Million From China’s Sichuan Hebang Corporation Limited in Exchange for a 51 Percent Stake in Company

June 30, 2015 0

Stockton Group Receives $90 Million From China’s Sichuan Hebang Corporation Limited in Exchange for a 51 Percent Stake in Company PR Newswire BEIJING, June 30, 2015 BEIJING , June 30, 2015 /PRNewswire/ — On Monday, June 29th , Stockton Group Israel and China’s Sichuan Hebang Corporation Limited entered into an agreement whereby Hebang Group will acquire a 51 percent stake in Stockton Group for $90 million , enabling Stockton increased research and development capabilities and market penetration in the biofungicide market. The Hebang Group is a public Chinese company, traded on the Shanghai Stock Exchange, and is active in a variety of industrial activities, including the agrochemical industry. […]

Stock Analysts

Amphenol to Buy FCI to Serve Broad Array of End Markets

June 30, 2015 0

Diversified electronic goods manufacturer Amphenol Corporation APH recently inked a definitive agreement to acquire the full ownership of FCI Asia Pte Ltd from the affiliates of alternative investment firm Bain Capital for $1.275 billion. The transaction, expected to be completed by the end of the current year subject to customary closing conditions, will be financed through a combination of cash and debt. […]

Stock Analysts

New CFTC Rule: Cross-Border Margin for Uncleared Swaps

June 30, 2015 0

The toughened regulatory stance in the aftermath of the 2008 financial crisis brought back transparency and reliability in the markets, which in turn helped restore investors’ confidence. Out of the many significant measures undertaken by the government to ensure consumer protection, the Dodd–Frank Wall Street Reform and Consumer Protection Act were signed into law by President Obama in Jul 2010. The Dodd-Frank Wall Street Reform law was enacted so that lawmakers could participate in observing financial market risks […]