Mergers & Acquisitions

Connexity Acquires Hitwise from Experian

Connexity Acquires Hitwise from Experian Expands platform to include Hitwise AudienceView audience segmentation and marketing planning tools PR Newswire LOS ANGELES, Dec. 14, 2015 LOS ANGELES , Dec. 14, 2015 /PRNewswire/ — Digital marketing company Connexity, Inc […]

Momentum Stocks

Bear of the Day: North American Energy Partners (NOA)

As OPEC and non-OPEC members continue to produce oil in record volumes despite weak global demand, oil glut is expected to persist in 2016, creating a very challenging environment for energy and related industries. About the Company Founded in 1953 and headquartered in Edmonton, Canada, North American Energy Partners ( NOA ) is the corporate parent of North American Construction Group (NACG) and all of the NACG companies. They provide mining and heavy construction services to large oil, natural gas, and resource companies, specializing in the Canadian oil sands region […]

Momentum Stocks

Bull of the Day: Vera Bradley (VRA)

Vera Bradley ( VRA ) is a designer, producer, marketer and retailer of stylish and functional accessories, including handbags, and travel & leisure items for women. It is well known for its stylish designs with distinctive and colorful fabrics and trims. Founded over 30 years ago by Patricia R […]

Mergers & Acquisitions

Viralytics Completes $28 million Placement — SPP to Follow

Viralytics Completes $28 million Placement — SPP to Follow PR Newswire SYDNEY, Dec. 14, 2015 SYDNEY , Dec. 14, 2015 /PRNewswire/ — Viralytics Limited (Viralytics) announces that it has completed a placement of 46,118,270 shares to international and domestic sophisticated or professional investors at an issue price of $0.615 per share to raise $28,362,736 […]

Mergers & Acquisitions

Shell Updates on its Intentions for the Combined Shell-BG Group

Shell Updates on its Intentions for the Combined Shell-BG Group PR Newswire THE HAGUE, December 14, 2015 THE HAGUE , December 14, 2015 /PRNewswire/ — NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN OR INTO ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION In advance of completion of its recommended combination with BG Group, Shell (NYSE: RDS.A) (NYSE: RDS.B) today announced further details of the proposed operational and administrative restructuring under consideration. Shell expects the restructuring will be required to achieve the expected benefits of the recommended combination, including previously disclosed and reported-on pre-tax synergies of $3.5 billion (subject to the bases of belief, principal assumptions and sources of information set out in the Appendix to the announcement made by Shell on 3 November 2015 providing investors with a strategic update). Shell’s expectation is that BG’s business would be integrated into Shell’s businesses. […]

Mergers & Acquisitions

Shell-BG Recommended Combination Receives Unconditional Chinese Antitrust Clearance. Pre-conditional Approval Process Now Complete

Shell-BG Recommended Combination Receives Unconditional Chinese Antitrust Clearance. Pre-conditional Approval Process Now Complete NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN OR INTO ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION PR Newswire THE HAGUE, Netherlands, December 14, 2015 THE HAGUE, Netherlands , December 14, 2015 /PRNewswire/ — Royal Dutch Shell plc (“Shell”) (NYSE:RDS.A) (NYSE:RDS.B) today announced that its recommended combination with BG Group plc (“BG”) has received unconditional merger clearance from the Chinese Ministry of Commerce (“MOFCOM”). Following previously announced approvals in Brazil , the EU and Australia , MOFCOM clearance marks the final pre-conditional approval required for the combination […]

Stock Analysts

Seritage Growth Properties Gains on Buffett’s Investment

Shares of Seritage Growth Properties SRG gained 16.6% yesterday following Warren Buffett’s disclosure of his investment in the trust. The impact continued even after the market closed as shares gained another 2.2% in the aftermarket trading session. According to the Securities and Exchange Commission filing, Buffett holds an 8.02% interest in Seritage Growth Properties or about 2 million shares […]