Mergers & Acquisitions

Wolf Popper LLP Investigates Claims That the Proposed Acquisition of Xoom Corporation May Not Be In the Best Interests of Its Investors

Wolf Popper LLP Investigates Claims That the Proposed Acquisition of Xoom Corporation May Not Be In the Best Interests of Its Investors PR Newswire NEW YORK, July 6, 2015 NEW YORK , July 6, 2015 /PRNewswire/ — Wolf Popper LLP is investigating claims on behalf of investors in Xoom Corporation (“Xoom”) (NASDAQ: XOOM), concerning the proposed acquisition of Xoom by PayPal, Inc. Xoom shareholders seeking more information about this acquisition can contact Fei-Lu Qian at (212) 759-4600 or fqian@wolfpopper.com . The investigation concerns whether Xoom’s directors are breaching their fiduciary duties by failing to adequately maximize shareholder value […]

Mergers & Acquisitions

Emdeon to Acquire Altegra Health

Emdeon to Acquire Altegra Health Altegra Health’s cloud-based analytics platform and related healthcare consumer engagement capabilities will enhance Emdeon’s Intelligent Healthcare Network™ by helping customers elevate care quality, optimize financial performance and improve the member and patient experience PR Newswire NASHVILLE, Tenn., July 6, 2015 NASHVILLE, Tenn. , July 6, 2015 /PRNewswire/ — Emdeon Inc. today announced that it has entered into a definitive agreement to acquire Altegra Health, a national provider of technology and intervention platforms that combine data aggregation and analytics with unique member engagement and reporting capabilities to achieve actionable insights and improved management for value-based healthcare […]

Stock Analysts

Is it Prudent to Continue Holding ADT Corp. (ADT) Stock?

On Jul 6, 2015, Zacks Investment Research downgraded security and protection services provider The ADT Corporation ADT to a Zacks Rank #4 (Sell) from a Zacks Rank #3 (Hold). Despite the relative weakness, the stock is currently trading at a forward P/E of 16.5x with long-term earnings growth expectation of 6.6%, which signify its inherent growth potential. Why the Downgrade? […]

Stock Analysts

Alcatel-Lucent Inks Deal to Boost China’s Broadband Network

Alcatel-Lucent ALU penned a comprehensive frame deal with two of the world’s largest telecom operators – China Mobile and China Unicom – to assist a smooth transition to the cloud-based networks. The deals are valued at up to RMB4.53 billion (£ 656 million) and RMB3.59 billion (£ 520 million). As per both the agreements, Alcatel-Lucent will offer numerous of its services comprising IP routing, mobile and fixed ultra-broadband access, Nuage Networks’ software defined networking (SDN) technologies, agile optical networking and network functions virtualization (NFV) capabilities. […]

Stock Analysts

Cablevision Systems (CVC) Raised to Buy, Should You Add?

On Jul 4, 2015, Zacks Investment Research raised leading media and telecommunications company Cablevision Systems Corporation CVC by a notch to a Zacks Rank #2 (Buy). Cablevision reported strong financial results in the first quarter of 2015 with both the top and the bottom line surpassing the Zacks Consensus Estimate. We believe that the company’s recent deal with Hulu to offer the latter’s on-demand services will help it to minimize its video customer churn rate […]

Economic Data

Greek Citizens Push ‘Grexit’ Forward – Ahead of Wall Street

Monday, July 6, 2015 Increased odds of Greece leaving the Euro-zone following the surprise weekend vote are weighing on the broader market indexes today. But there is no panic in the marketplace and the market weakness is less severe than would otherwise be expected. The Greek finance minister has resigned and the political process to negotiate a new deal has gotten underway already […]

Technicals

Why NeoPhotonics (NPTN) Might Be a Diamond in the Rough – Tale of the Tape

It commonly happens in stock investing that investors miss the chance of buying winning stocks that they knew would stand out. Before they take the plunge, others get to know the hidden potential and enter into these stocks, pushing them out of reach. So, instead of repenting, spotting the off-the-radar potential winners and immediately investing in them could be a smart decision […]

Technicals

Do Investors Think Isle of Capri Casinos (ISLE) Stock is a Buy? – Tale of the Tape

If you are looking for a stock in the Gaming industry, Isle of Capri Casinos ( ISLE ) could be one to watch closely. Right now the company has a Zacks Rank #1 (Strong Buy) and it has been seeing rising earnings estimate revisions as of late. In fact, the full year consensus estimate has risen from $0.71/share to $1.09/share in the past 30 days, while three estimates have gone higher for the time frame and zero have gone lower […]