Mergers & Acquisitions

Milberg is investigating whether Talmer Bancorp, Inc.’s (TLMR) Board of Directors maximized shareholder value in connection with the proposed acquisition of Talmer by Chemical Financial Corporation

Milberg is investigating whether Talmer Bancorp, Inc.’s (TLMR) Board of Directors maximized shareholder value in connection with the proposed acquisition of Talmer by Chemical Financial Corporation PR Newswire NEW YORK, Feb 1, 2016 NEW YORK , Feb 1, 2016 /PRNewswire/ — Milberg LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Talmer Bancorp, Inc. (“Talmer” or the “Company”) (Nasdaq: TLMR) in connection with the proposed acquisition of the Company by Chemical Financial Corporation (“Chemical”). […]

Stock Analysts

Sysco (SYY) Tops Q2 Earnings, Sales Lag on Currency Woes

Global food products maker and distributor Sysco Corporation ’s SYY second quarter of fiscal 2016 earnings beat estimates on margin improvement. Revenues lagged the consensus mark by a slight margin, due to currency headwind. Adjusted earnings of 48 cents per share beat the Zacks Consensus Estimate and the prior-year earnings by 17.1% […]

Stock Analysts

Tech Earnings Roundup: AAPL, FB, AMZN, MSFT, EA

Earnings took center-stage last week, since most technology bellwethers like Apple AAPL , Facebook FB , Amazon AMZN and Microsoft MSFT announced other results. The rest of this roundup covers tidbits like Facebook’s new ride-sharing technology, its live video service across the U.S. […]

Stock Analysts

Mitsubishi UFJ’s Nine-Month Earnings Fall on High Expenses

Mitsubishi UFJ Financial Group Inc. MTU reported profits attributable to owners of parent of ¥852.3 billion ($7.0 billion) for the first nine months (ended Dec 31) of fiscal year ended Mar 31, 2016, down 8.1% year over year. For the period under review, an increase in general and administrative (G&A) expenses and decreased gross profits negatively impacted the results. […]

Economic Data

China Factory Data Disappoints

Monday, February 1, 2016 Weak data out of China and decline in oil prices are weighing on stocks at the open today. The factory sector ISM survey coming out a little later today and a deluge of economic and earnings data this week will have a bearing on the markets as well. Overnight factory sector data out of China shows continued weakness in this key part of the country’s economy. […]

Mergers & Acquisitions

US M&A Deal Values Set A Pre-Crisis Record According to New White & Case Report

US M&A Deal Values Set A Pre-Crisis Record According to New White & Case Report PR Newswire NEW YORK, Feb. 1, 2016 NEW YORK , Feb. 1, 2016 /PRNewswire/ — Global law firm White & Case LLP and Mergermarket , today released a new report, Record Breaker: US M&A in 2015, which reveals that the US market delivered nearly US$2 trillion worth of deals in 2015—a total not seen since the pre-crisis days of 2006. […]

Mergers & Acquisitions

Pamplona Capital Management Acquires Veritext

Pamplona Capital Management Acquires Veritext PR Newswire NEW YORK, LONDON, and LIVINGSTON, New Jersey, February 1, 2016 NEW YORK , LONDON , and LIVINGSTON, New Jersey , February 1, 2016 /PRNewswire/ — – Veritext is the leader in deposition and litigation support solutions servicing law firms Fortune 500 corporations and regulatory agencies across the United States . – Veritext’s state-of-the-art facilities, highly skilled court reporters, and advanced technology provide unparalleled client service and on-time delivery. – Pamplona has significant experience investing in business-services companies. […]

Mergers & Acquisitions

Dana Holding Corporation Acquires Magnum Gaskets Business

Dana Holding Corporation Acquires Magnum Gaskets Business PR Newswire MAUMEE, Ohio, Feb. 1, 2016 MAUMEE, Ohio , Feb. 1, 2016 /PRNewswire/ — Dana Holding Corporation (NYSE: DAN) announced today that it has completed the acquisition of Magnum Gaskets , a U.S.-based supplier of aftermarket gaskets and sealing products for automotive and commercial-vehicle applications. […]