Month: August 2015

Mergers & Acquisitions

iClick Acquires 100% Stake in China’s Leading Mobile Advertising Platform OptAim

August 5, 2015 0

iClick Acquires 100% Stake in China’s Leading Mobile Advertising Platform OptAim Move creates an enhanced cross-device programmatic marketing solution for domestic and worldwide advertisers PR Newswire HONG KONG and BEIJING, Aug. 5, 2015 HONG KONG and BEIJING , Aug. 5, 2015 /PRNewswire/ — iClick Interactive Asia (“iClick”), a leading integrated digital marketing platform in China which has seven offices across Asia serving more than 2,000 domestic advertisers and international brands, announced today it has completed a transaction to acquire a 100% stake of OptAim Technology (“OptAim “) to further strengthen its cross-platform marketing capabilities in China […]

Stock Analysts

Defense Stock Roundup: Lockheed F-35 Combat Ready; Solid Earnings Beat at Northrop, General Dynamics

August 4, 2015 0

Approximately 90% of defense companies have already released their Q2 earnings numbers. Last week, Northrop Grumman NOC and General Dynamics GD reported better-than-expected quarterly results with both companies lifting their full-year profit outlook. Shares of the two defense operators also hit 52-week highs on Jul 29 borne aloft on the strength of their aerospace units. […]

Stock Analysts

Nokia to Sell HERE Map Division to German Automakers

August 4, 2015 0

Nokia Corp. NOK has finally reached an agreement with a consortium of German automakers consisting of BMW, Daimler and Volkswagen (owner of Audi) and private equity firm General Atlantic to sell its HERE high-definition mapping/navigation business. Total consideration of the deal is Euro 2.8 billion (approximately $3.1 million) […]

Stock Analysts

Insurance Stocks to Watch as Puerto Rico Defaults

August 4, 2015 0

The Greek crisis is still fresh in our memories but there seems no end to bad news. Unable to repay its huge debt, Puerto Rico has defaulted. The island’s Government Development Bank could pay back only $0.6 million of the $58 million due to its creditors of Public Finance Corporation […]

Stock Analysts

Disney, Activision Beat Earnings Estimates

August 4, 2015 0

The Walt Disney Company ( DIS ) posted slightly mixed earnings and revenues for its fiscal Q3 2015 after the market close on Tuesday. Earnings of $1.45 per share topped the Zacks consensus estimate of $1.39. Revenues came in a tad light of expectations at $13.1 billion; the Zacks consensus estimate was for $13.17 billion in revenues […]

Mergers & Acquisitions

Birks Group and Rideau announce strategic alliance: Rideau acquires Birks Corporate Sales Division and the two enter into supply and licensing agreements for Birks Business products

August 4, 2015 0

Birks Group and Rideau announce strategic alliance: Rideau acquires Birks Corporate Sales Division and the two enter into supply and licensing agreements for Birks Business products Canada NewsWire MONTREAL, Aug. 4, 2015 MONTREAL , Aug. 4, 2015 /CNW Telbec/ – Birks Group Inc. […]

Stock Analysts

Mosaic’s Q2 Earnings Outshine Estimates, Profit Climbs

August 4, 2015 0

Mosaic 's MOS profits jumped in second-quarter 2015, helped by higher phosphate sales volumes, increased potash pricing and the company’s cost-cutting actions. Mosaic logged a profit of $390.6 million or $1.08 per share in the reported quarter, surging roughly 57% from $248.4 million or 64 cents a share a year ago. Earnings, barring one-time items, were $1.05 per share, topping the Zacks Consensus Estimate of 91 cents […]