Technicals

Is Cementos Pacasmayo (CPAC) Stock a Solid Choice Right Now? – Tale of the Tape

One stock that might be an intriguing choice for investors right now is Cementos Pacasmayo SAA ( CPAC ). This is because this security in the Buildings Construction Material 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 […]

Stock Analysts

Patriotic Investing for Independence Day

The “benefits of diversification” has always been a strong pillar of investing, maneuvering investors to widen their portfolios across industries, sectors and, most importantly, countries. Though the success of this strategy is sound, the current mundane investment environment does call for slight modifications. […]

Stock Analysts

Ares Capital Extends Funding Facility, Lowers Price

Ares Capital Corporation ARCC modified and extended its $400 million revolving funding facility with Sumitomo Mitsui Banking Corporation along with lowering the price. Per the amendment and restatement by Ares Capital, the maturity date of the facility was extended by one year to Sep 14, 2022. […]

Mergers & Acquisitions

Lupin Acquires Biocom in Russia

Lupin Acquires Biocom in Russia PR Newswire MUMBAI, July 2, 2015 MUMBAI , July 2, 2015 /PRNewswire/ — Pharma Major Lupin Limited today announced the acquisition of 100% equity stake in ZAO “Biocom” in Russia subject to certain closing conditions. The acquisition marks Lupin’s foray into the Russian pharmaceutical market which recorded RUB 765 billion in sales, placing it as one of the Top 10 pharmaceutical markets in the world in 2014 (IMS Health). For over a decade, Russian pharmaceutical market recorded double digit growth and expected to continue with this trend, projecting Russia to be one of the Top 8 pharmaceutical markets in the world by 2018 (IMS Health) […]

Mergers & Acquisitions

Poydras Gaming Finance Corp. Announces Debentureholder Approval of Amendments to Debentureholder Agreement

Poydras Gaming Finance Corp. Announces Debentureholder Approval of Amendments to Debentureholder Agreement Canada NewsWire MILL VALLEY, CA, July 2, 2015 Allows Poydras to Proceed with its Acquisition of the Integrity Companies and Provides Additional Flexibility to Pursue Growth Strategy MILL VALLEY, CA , July 2, 2015 /CNW/ – POYDRAS GAMING FINANCE CORP . (TSX-V: PYD) (“Poydras” or the “Company”) is pleased to announce that over 80% of the holders of its 11% Convertible Debentures (the “Debentures”), well above the required majority of 66 %, have approved the Proposed Amendments to the indenture governing the Debentures […]