Mergers & Acquisitions

KHB Shanghai Kehua Bio-Engineering Acquires the Italian Technogenetics

KHB Shanghai Kehua Bio-Engineering Acquires the Italian Technogenetics PR Newswire MILAN, December 21, 2015 MILAN , December 21, 2015 /PRNewswire/ — KHB Shanghai Kehua Bio-Engineering Co., Ltd listed on the Shenzhen Stock Exchange (Stock Code 002022), one of the leading in vitro diagnostic (IVD) products developers in China , announced today the closure of the deal with Technogenetics, innovative immunodiagnostics Italian company, that concerns the acquisition of the Italian company and of the IVD assets of Altergon Italia, a manufacturing and innovative pharmaceutical formulations developer. Under the terms of the agreement KHB Shanghai Kehua Bio-Engineering Co has acquired 100% of Technogenetics with an investment of 28.8 million Euro , 18.8 used for the acquisition and the rest 10 million Euro for the business development in the following 18 months. An Italian New Co, called Technogenetics Holdings, has been created by the integration of the innovative immunodiagnostics research mission of Technogenetics with a 30 years proved IVD manufacturing experience of KHB Shanghai Kehua Bio-Engineering Co […]

Stock Analysts

General Electric Launches Exchange Offer for Preferred Stock

General Electric Company GE launched an offer to exchange its previously issued multi-tranche preferred stock (Series A, B & C) for new 5% fixed-to-floating rate non-cumulative perpetual preferred stock (Series D). The new issuance offers a more economically attractive financial package for existing investors at better terms. Moody's Investors Service has assigned an A3 rating to the new $5.9 billion Series D preferred stock issuance. […]

Technicals

SunPower (SPWR) Shares March Higher, Can It Continue?

SunPower Corporation SPWR has been on the move lately as the stock has risen by 24.9% in the past four weeks, and it is currently trading well above its 20-Day SMA. This is a pretty solid move higher, but the question that has to be on investors’ minds right now is; can this trend continue? While there can be no telling for sure, it is certainly encouraging that earnings estimates have risen in the past few weeks on the company, suggesting that sentiment on SPWR is moving in the right direction. […]

Technicals

Can The Uptrend Continue for Solar3D (SLTD)?

Investors certainly have to be happy with Solar3D Inc SLTD and its short term performance. After all, the stock has jumped by 16.4% in the past 4 weeks, and it is also above its 20 Day Simple Moving Average as well. This is certainly a good trend, but investors are probably asking themselves, can this positive trend continue for SLTD […]

Technicals

Can the Rally in Minerva Neurosciences (NERV) Shares Continue?

Minerva Neurosciences Inc NERV has been on the move lately as the stock has risen by 8.7% in the past four weeks, and it is currently trading well above its 20-Day SMA. This is a pretty solid move higher, but the question that has to be on investors’ minds right now is; can this trend continue? While there can be no telling for sure, it is certainly encouraging that earnings estimates have risen in the past few weeks on the company, suggesting that sentiment on NERV is moving in the right direction […]

Technicals

Can The Uptrend Continue for Centene (CNC)?

Investors certainly have to be happy with Centene Corp CNC and its short term performance. After all, the stock has jumped by 18.9% in the past 4 weeks, and it is also above its 20 Day Simple Moving Average as well. This is certainly a good trend, but investors are probably asking themselves, can this positive trend continue for CNC? […]