Technicals

Falling Earnings Estimates Signal Weakness Ahead for Weatherford International (WFT) – Tale of the Tape

Similar to wise buying decisions, exiting certain underperformers at the right time helps maximize portfolio returns. Selling off losers can be difficult, but if both the share price and estimates are falling, it could be time to get rid of the security before more losses hit your portfolio. One such stock that you may want to consider dropping is Weatherford International plc ( WFT ), which has witnessed a significant price decline in the past four weeks, and it has seen negative earnings estimate revisions for the current quarter and the current year. […]

Technicals

Should You Get Rid of Methode Electronics (MEI) Now? – Tale of the Tape

Similar to wise buying decisions, exiting certain underperformers at the right time helps maximize portfolio returns. Selling off losers can be difficult, but if both the share price and estimates are falling, it could be time to get rid of the security before more losses hit your portfolio. One such stock that you may want to consider dropping is Methode Electronics, Inc. […]

Technicals

The York Water (YORW) Crumbles: Stock Falls by 6.1% – Tale of the Tape

The York Water Company ( YORW ) saw a big move last session, as the company’s shares fell by over 6% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading below the volatile price range of $21.48 to $22.64 in the past one-month time frame […]

Mergers & Acquisitions

KRAFT FOODS GROUP SHAREHOLDERS APPROVE MERGER TRANSACTION WITH H.J. HEINZ HOLDING CORPORATION AND ITS SUBSIDIARIES TO FORM THE KRAFT HEINZ COMPANY

KRAFT FOODS GROUP SHAREHOLDERS APPROVE MERGER TRANSACTION WITH H.J. HEINZ HOLDING CORPORATION AND ITS SUBSIDIARIES TO FORM THE KRAFT HEINZ COMPANY Combination Will Create Unparalleled Portfolio of Powerful and Iconic Brands PR Newswire PITTSBURGH and NORTHFIELD, Ill., July 1, 2015 PITTSBURGH and NORTHFIELD, Ill. , July 1, 2015 /PRNewswire/ — Kraft Foods Group, Inc. […]

Mergers & Acquisitions

Aethon Energy and RedBird Capital Acquire SM Energy’s Ark-LA-Tex Assets

Aethon Energy and RedBird Capital Acquire SM Energy’s Ark-LA-Tex Assets PR Newswire DALLAS, July 1, 2015 DALLAS , July 1, 2015 /PRNewswire/ — Aethon Energy Management LLC (“Aethon” or the “Firm”), a Dallas -based private investment firm focused on onshore oil & gas, together with its partner, RedBird Capital Partners LLC (“RedBird”), today announced the acquisition of certain Ark-LA-Tex assets from SM Energy Company (NYSE: SM). Terms of the negotiated transaction were not disclosed. SM Energy’s Ark-LA-Tex assets comprise approximately 76,300 net acres with current net production of 29 MMcfe/d, 98 percent of which is gas […]

Mergers & Acquisitions

RTM Increases Presence in Florida Market with Strategic Acquisition

RTM Increases Presence in Florida Market with Strategic Acquisition National Full-Service MEP Joins Forces with Orlando’s Milan Engineering PR Newswire CHICAGO, July 1, 2015 CHICAGO , July 1, 2015 /PRNewswire/ — RTM Engineering Consultants (RTM), a trusted engineering consulting partner to some of the nation’s most respected architectural firms and Fortune 500 companies, is pleased to announce its recent acquisition and merger with Milan Engineering, located in Winter Park, Florida . Logo – http://photos.prnewswire.com/prnh/20150630/227271LOGO “We are excited to add the experience and resources of Milan Engineering to the RTM team,” said Tony Mirchandani , CEO of RTM. “Together we will be able to expand services to existing clients and grow in the greater Orlando marketplace.” Milan Engineering brings more than 15 years of experience with contemporary design techniques to provide efficient MEP/FP engineering services for projects including renovations, upgrades and new construction. […]

Momentum Stocks

Bear of the Day: EPAM (EPAM) – Bear of the Day

Earnings estimates have been dropping for EPAM Systems ( EPAM ) after the company delivered an earnings miss for the first quarter. The decline in estimates has been significant enough to send shares of EPAM to a Zacks Rank of 5 (Strong Sell), placing it in the bottom 5% of all stocks that Zacks ranks based on earnings momentum. […]

Mergers & Acquisitions

Highlander Partners Announces the Completion of the Acquisition of Valvoline’s Car-Care Assets from Ashland, Inc.

Highlander Partners Announces the Completion of the Acquisition of Valvoline’s Car-Care Assets from Ashland, Inc. PR Newswire DALLAS, July 1, 2015 DALLAS , July 1, 2015 /PRNewswire/ — Highlander Partners, L.P., a leading middle market private investment firm based in Dallas, Texas , announced today that it has completed the previously announced acquisition of Valvoline`s car-care products assets from Ashland Inc. […]

Mergers & Acquisitions

Genoa, a QoL Healthcare Company Acquires West Bend Assisted Living Pharmacy

Genoa, a QoL Healthcare Company Acquires West Bend Assisted Living Pharmacy PR Newswire SEATTLE, July 1, 2015 SEATTLE , July 1, 2015 /PRNewswire/ — Genoa has acquired West Bend Assisted Living Pharmacy ( Jackson, WI ), adding another pharmacy location with a proven track record for excellent service to individuals with mental illness and in residential settings, and those involved in their care. Both companies have strong reputations for outstanding customer service, flexibility and delivering true value to their customers. […]

Mergers & Acquisitions

Carey Watermark Investors Purchases The Ritz-Carlton, Fort Lauderdale Property in Joint Venture

Carey Watermark Investors Purchases The Ritz-Carlton, Fort Lauderdale Property in Joint Venture AAA Five Diamond beachfront luxury hotel added to portfolio PR Newswire NEW YORK, July 1, 2015 NEW YORK , July 1, 2015 /PRNewswire/ — Carey Watermark Investors Incorporated (CWI 1) announced that it has acquired a majority interest in The Ritz-Carlton, Fort Lauderdale property in a joint venture with RCFL Holdco, LLC, an affiliate of Gencom, one of North America’s leading hospitality and luxury hospitality-related residential real estate investment and development firms. This transaction marks Carey Watermark Investors’ third joint venture purchase with the Gencom family of companies, following The Ritz-Carlton, Philadelphia (CWI 1) and The Ritz-Carlton, Key Biscayne , Miami , (CWI 1 and CWI 2) acquisitions. […]

Mergers & Acquisitions

Hip, Young Israeli Initiates Indiegogo Campaign for Consciousness Film; Hollywood Celebs Collaborate in Non-Political Project

Hip, Young Israeli Initiates Indiegogo Campaign for Consciousness Film; Hollywood Celebs Collaborate in Non-Political Project PR Newswire TEL AVIV, Israel, July 1, 2015 TEL AVIV, Israel , July 1, 2015 /PRNewswire/ — Hip, young, successful Israeli film director and producer Barak Shavit has a dream. Rather than focus on the usual concerns of Israelis-the Israel-Palestinian conflict, or even Israel as a start-up nation, Shavit wants to expose people to new aspects of consciousness. […]

Mergers & Acquisitions

Elbit Systems Completes the Acquisition of the Cyber and Intelligence Division of NICE Systems

Elbit Systems Completes the Acquisition of the Cyber and Intelligence Division of NICE Systems PR Newswire HAIFA, Israel, July 1, 2015 HAIFA, Israel , July 1, 2015 /PRNewswire/ — Elbit Systems Ltd. ( “Elbit Systems” ) (NASDAQ and TASE: ESLT), announced today, further to its announcement of May 21 2015, that it completed the acquisition of the Cyber and Intelligence division of NICE Systems. NICE Cyber and Intelligence division was acquired by CYBERBIT™ Ltd […]