The Ensign Group Inc. ENSG recently announced the acquisition of The Orchard Post-Acute Care Center – a 162-bed skilled nursing facility in Whittier, CA. The facility has been operated by an Ensign Group subsidiary for the last 9 years under a sublease. […]
TripAdvisor Inc. TRIP recently announced a new five-year unsecured revolving credit facility worth $1 billion to take advantage of the current favorable credit market and enhance its financial flexibility. This credit facility will replace TripAdvisor’s existing one worth $600 million […]
In a bid to expand its security portfolio, Cisco Systems CSCO recently announced its plans to acquire a cloud-based security company, OpenDNS, for $635 million. Cisco expects the acquisition to close in the first quarter of next year, subject to customary closing conditions. OpenDNS will be incorporated into Cisco's security business group under the leadership of senior vice president and general manager, David Goeckeler […]
On Jun 30, 2015, we issued an updated research report on The Manitowoc Company, Inc. MTW , a manufacturer and seller of cranes and related products as well as foodservice equipment worldwide. In the first quarter of 2015, Manitowoc suffered a loss per share of 5 cents due to reduced capital spending by large restaurant chains, lower boom truck and rough-terrain revenues and impact of unfavorable foreign exchange on both Crane and Foodservice segments. […]
Online-to-offline commerce, or O2O, is deemed to be the next big thing in China’s e-Commerce sector. Internet consultancy iResearch estimates that the country’s O2O market will grow by a third this year to 309 billion yuan, as quoted by Barclays report this month. Reason enough for Baidu, Inc […]
WeissLaw LLP: Towers Watson & Co. Under Legal Investigation PR Newswire NEW YORK, July 1, 2015 NEW YORK , July 1, 2015 /PRNewswire/ — The fairness of the proposed sale of Towers Watson & Co. (“TW,” or the “Company”) to Willis Group Holdings PLC (“WSH”) is being investigated by WeissLaw LLP, a national class action, shareholder rights law firm, for possible breaches of fiduciary duty and other violations of law by the Board of Directors of TW […]
Level 3 Acquires DDoS Mitigation Company Black Lotus Acquisition Enhances Level 3’s Security Product Portfolio PR Newswire BROOMFIELD, Colo., July 1, 2015 BROOMFIELD, Colo. , July 1, 2015 /PRNewswire/ — Global telecommunications provider Level 3 Communications, Inc. […]
Western Marketing, Inc. Acquires Felts Oil Sales PR Newswire ABILENE, Texas, July 1, 2015 ABILENE, Texas , July 1, 2015 /PRNewswire/ — Western Marketing, Inc. […]
Quarton Partners Advises Quality Metalcraft in its Sale to The Watermill Group PR Newswire BIRMINGHAM, Mich., July 1, 2015 BIRMINGHAM, Mich. , July 1, 2015 /PRNewswire/ — Quarton Partners is pleased to announce that The Watermill Group (“Watermill”) has acquired Quality Metalcraft, Inc. […]
CNOOC Ltd. ’s CEO Bozhong 28/34 oilfields comprehensive adjustment project started production and yielded its first oil. Located in Bohai, the Bozhong 28/34 oilfields lie in an average water depth of about 22 meters […]
In line with its network expansion plans at the Sacramento International Airport, low-cost carrier Southwest Airlines Co. LUV plans to flag-off five non-stop round-trip flights between Sacramento and Boise. The service is scheduled to start by early 2016 […]
Cheniere Energy Partners, L.P. CQP announced that it has reached a final investment decision (“FID”) regarding the construction of Train 5 for the Sabine Pass liquefaction project. The train is expected to start operating by 2018. […]
Asbury Automotive Group, Inc. ABG announced the acquisition of a dealership – Mike Davidson Ford – in Florida. […]
NIKE, Inc. NKE has been riding on robust growth and product innovation efforts, along with its solid financials and constant endeavors to undergo expansion. […]
Nokia Corporation ’s NOK network unit, Nokia Solutions and Networks (“NSN”), recently cut a four-year deal with India’s leading telecom operator Bharti Airtel. However, the financial terms of the transaction have not been disclosed. […]
vrs VeriClaim acquires Certo PR Newswire LONDON, July 1, 2015 LONDON , July 1, 2015 /PRNewswire/ — Specialist loss adjuster vrs VeriClaim, a wholly owned subsidiary of Sedgwick Claims Management Services, Inc., today completed its acquisition of Certo chartered loss adjusters to develop its third-party administration and commercial loss adjusting capability in the UK and beyond. As part of the transaction, Certo’s team of 70 colleagues, operating from offices in Leeds , Birmingham , Glasgow and Brentwood, will join vrs VeriClaim. Certo Managing Director David Harrison will oversee the new VeriClaim TPA business in the UK. […]
Morgan & Morgan Announces the Investigation of Towers Watson & Co. – TW PR Newswire NEW YORK, July 1, 2015 NEW YORK , July 1, 2015 /PRNewswire/ — Morgan & Morgan announces that it is investigating potential claims against the board of directors of Towers Watson & Co. (“Towers Watson” or the “Company”) (NasdaqGS: TW) for potential breaches of fiduciary duties in connection with the sale of the Company to Willis Group Holdings PLC for approximately $18 billion . […]
Towers Watson & Co. ( TW ) saw a big move last session, as the company’s shares fell by almost 9% on the day. […]
Looking for a stock that might be in a good position to beat earnings at its next report? Consider Electronic Arts Inc. ( EA ), a firm in the Toys/Game/Hobby industry, which could be a great candidate for another beat. […]
MAM Software acquires Origin Software Solutions Acquisition strengthens MAM’s e-commerce offering PR Newswire BARNSLEY, England, July 1, 2015 BARNSLEY, England , July 1, 2015 /PRNewswire/ — MAM Software Group, Inc. (NASDAQ Capital Market: MAMS) (the “Company” or “MAM”) today announced the acquisition of Origin Software Solutions Ltd (“Origin”), a UK-based provider of e-commerce solutions for the automotive aftermarket. “With the addition of Origin, MAM Software will be able to provide its global customers with a range of effective B2B and B2C e-commerce solutions,” said Michael Jamieson , MAM Software Group President and Chief Executive Officer […]
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