Stock Analysts
General Mills: Sales Remain a Drag, Cost Cuts Boost Earnings
We issued an updated research report on General Mills, Inc. GIS , a leading global manufacturer and marketer of branded consumer foods, on Dec 21, 2015. […]
Year: 2015
Stock Analysts
Intel’s $16.7M Altera Buyout Gets China’s Nod; To Close Soon
Intel Corp. INTC has finally received the regulatory approval from the Chinese Ministry of Commerce to buy Altera Corp. ALTR , likely to be its biggest buyout ever. […]
Stock Analysts
Applied Materials (AMAT) Appoints Adrianna Ma to its Board
Applied Materials Inc. AMAT recently announced changes at the management level with the appointment of Adrianna Ma to the board, effective immediately. She will also serve as a member of the Audit Committee of the Board. […]
Stock Analysts
Symantec Expects to Close Veritas Sale by January End
Symantec Corp. SYMC and The Carlyle Group CG have pushed back the closing date for the acquisition of the former’s storage business, Veritas. However, the reason behind the delay has not been specified by either of the companies. […]
Mergers & Acquisitions
Publicis Healthcare Communications Group Acquires PDI’s Commercial Services Business
Publicis Healthcare Communications Group Acquires PDI’s Commercial Services Business Expanding the Group’s Position as a Leader in Health Promotional and Marketing Services PR Newswire NEW YORK, Dec. 22, 2015 NEW YORK , Dec. 22, 2015 /PRNewswire/ — Publicis Healthcare Communications Group (PHCG), a part of Publicis Groupe (Euronext Paris: FR0000130577, CAC40), announced today that it has acquired PDI’s Commercial Services business (CSO), increasing the breadth and capabilities of its existing biomedical commercialization and marketing services. […]
Mergers & Acquisitions
PDI Completes Sale of Its Commercial Services Business to Publicis Healthcare Communications Group
PDI Completes Sale of Its Commercial Services Business to Publicis Healthcare Communications Group PDI Transitions to Pure Play Molecular Diagnostics Business and Changes Name to Interpace Diagnostics Group PR Newswire PARSIPPANY, N.J., Dec. 22, 2015 PARSIPPANY, N.J. […]
Stock Analysts
Western Refining Inks Revised Deal to Buy Northern Tier
Western Refining Inc. WNR has signed an agreement with Northern Tier Energy LP NTI to purchase all outstanding common units of the partnership which are not already under the company’s hold. […]
Stock Analysts
Dow Chemical’s Texas Propylene Plant Starts Operation
Dow Chemical ’s DOW new propane dehydrogenation unit (“PDH”) in Freeport, TX, has started commercial operations, marking a key milestone in the company’s plans to integrate its U.S. operations with cost-advantaged feedstocks from increasing U.S. […]
Stock Analysts
Why Rent-A-Center (RCII) Shares Slumped Post Q3 Results
Shares of Rent-A-Center, Inc. RCII have been plunging. Year to date, this Zacks Rank #4 (Sell) stock has nosedived approximately 57%. […]
Stock Analysts
Tiffany Scores Low on 3 Parameters: Should You Dump TIF?
In our school days, we had read an idiom, “A stitch in time saves nine”, meaning that timely action may prevent serious loss later on. How about applying the same principle to your portfolio? […]
Stock Analysts
Star Wars: The Force Awakens Spells Grand Success for IMAX
IMAX Corp. IMAX theaters witnessed the highest-ever opening weekend box-office collections from The Walt Disney Company’s DIS recently-released flick, Star Wars: The Force Awakens. The movie raked in nearly $30 million in the U.S […]
Stock Analysts
BCE Poised on Wireless & Gigabit Fibe Prospects; Risks Stay
On Dec 21, we issued an updated research report on Canada’s leading communication service provider BCE Inc. BCE . The company reported strong financial results in third-quarter 2015 with both the top and the bottom line outpacing the Zacks Consensus Estimate […]
Mergers & Acquisitions
Department Of Justice Clears Gray/Schurz Transactions
Department Of Justice Clears Gray/Schurz Transactions PR Newswire ATLANTA, Dec. 22, 2015 ATLANTA , Dec. […]
Mergers & Acquisitions
Vertice Pharma Completes Acquisition of VistaPharm
Vertice Pharma Completes Acquisition of VistaPharm PR Newswire NEW YORK, Dec. 22, 2015 NEW YORK , Dec. 22, 2015 /PRNewswire/ — Vertice Pharma, a specialty pharmaceuticals company focused on improving patients’ health, today announced it closed on the previously announced acquisition of VistaPharm, a specialized generics manufacturer of liquid and unit dosage pain medications for the hospital market, retail pharmacy and outpatient clinics. […]
Mergers & Acquisitions
Tyco to Acquire ShopperTrak, a Leading Global Provider of Retail Analytics and Intelligence
Tyco to Acquire ShopperTrak, a Leading Global Provider of Retail Analytics and Intelligence – Retail industry’s most comprehensive and integrated solution set in a high-growth addressable market; high single-digit organic revenue growth over the last three years – Best-in-class data accuracy and consistency; attractive customer return on investment with a retention rate of approximately 95% on subscription services – Delivers perimeter traffic analytics – a key to unlocking consumer-level behavior insights – building upon Tyco’s existing retail platform of inventory visibility and loss prevention products and services – Data analytics and software enhance Tyco’s global growth strategy to solve broader customer problems – No impact to fiscal 2016 earnings guidance; expected to be $0.02 accretive in first 12 months, excluding impact of purchase price accounting PR Newswire CORK, Ireland, Dec. 22, 2015 CORK, Ireland , Dec. 22, 2015 /PRNewswire/ — Tyco International plc (NYSE: TYC) announced today that it has reached a definitive agreement to acquire ShopperTrak, a leading global provider of retail consumer behavior insights and location-based analytics, for approximately $175 million in cash […]
Mergers & Acquisitions
Golub & Company and Oaktree Acquire RSM Plaza in Downtown Minneapolis
Golub & Company and Oaktree Acquire RSM Plaza in Downtown Minneapolis Sale points to rising investor interest in Twin Cities PR Newswire CHICAGO, Dec. 22, 2015 CHICAGO , Dec. […]
Stock Analysts
Domtar (UFS) Shows Solid Potential with Focused Approach
On Dec 22, Zacks Investment Research initiated the research report on paper and paper goods manufacturer Domtar Corporation UFS . Domtar is currently seeking growth through profitable investment opportunities with a commitment to pollution-free environment and sustainable practices. […]
Stock Analysts
MoneyGram, Travel Money Extend Fund Transfer Agreement
Global fund transfer company MoneyGram International Inc. MGI announced the extension of its agreement with Travel Money Group. Per the agreement, customers in Australia and New Zealand will be able to remit funds to India, Philippines, the Pacific Islands, and over 200 other countries and territories, from any of Travel Money's 140 plus centers in the respective regions […]
Stock Analysts
Quanta Services Amends Credit Facility to Boost Liquidity
Quanta Services Inc. PWR recently amended and reinstated its credit agreement with lenders headed by top financial institutions, Bank of America Corporation BAC and JPMorgan Chase & Co. JPM […]
Stock Analysts
ConAgra Q2 Earnings Miss on Currency Woes, Revenues Fall
Premier North American food company ConAgra Foods, Inc. CAG reported lower-than-expected results for first-quarter fiscal 2016 (ended Nov 29, 2015). We believe the negative impact of the strengthening U.S […]