Mergers & Acquisitions

ArcLight Capital’s Leeward Renewable Energy Closes on Acquisition of Membership Interest in Cedar Creek I Wind Farm

ArcLight Capital’s Leeward Renewable Energy Closes on Acquisition of Membership Interest in Cedar Creek I Wind Farm PR Newswire DALLAS, June 2, 2016 DALLAS , June 2, 2016 /PRNewswire/ — Leeward Renewable Energy, LLC (“Leeward”), an affiliate of ArcLight Capital Partners, LLC, announced today that Cedar Creek Wind I Member LLC, a Leeward entity, has completed the purchase of BP Wind Energy North America Inc.’s (“BP Wind Energy”) 33 1/3 percent membership interest in CCWE Holdings, LLC (“Cedar Creek I”). Leeward is the sole member of Cedar Creek I and will continue to manage the facility. The acquisition continues Leeward’s strategy to expand its holdings of high quality wind assets throughout the U.S […]

Mergers & Acquisitions

Asentinel acquires Anatole; raising the bar in the global Telecom Expense Management market

Asentinel acquires Anatole; raising the bar in the global Telecom Expense Management market PR Newswire MEMPHIS, Tenn., June 2, 2016 MEMPHIS, Tenn. , June 2, 2016 /PRNewswire/ — Asentinel, LLC, a Marlin Equity Partners portfolio company, is pleased to announce that it has acquired Anatole, a leading provider of SaaS telecom and IT expense management solutions that help customers reduce costs by auditing and managing services and IT assets. […]

Mergers & Acquisitions

Welsh Property Trust, LLC Announces Sale of Units of WPT Industrial Real Estate Investment Trust

Welsh Property Trust, LLC Announces Sale of Units of WPT Industrial Real Estate Investment Trust Canada NewsWire TORONTO, June 2, 2016 TORONTO , June 2, 2016 /CNW/ – Welsh Property Trust, LLC (“Welsh”) announced today that it has sold (the “Unit Sale”) 4,468,085 trust units (the “Units”) of WPT Industrial Real Estate Investment Trust (the “REIT”) to Alberta Investment Management Corporation (“AIMCo”). The Units represent approximately 16.5% of the issued and outstanding Units of the REIT (approximately 13.2% assuming all of the Class B partnership units (the “Class B Units”) of WPT Industrial, LP, the operating subsidiary of the REIT, are redeemed for Units, but otherwise on a non-diluted basis). The Units were sold pursuant to the terms of an agreement entered into between Welsh and AIMCo on January 20, 2016 in connection with Welsh’s previously-announced sale of Units to AIMCo on such date […]

Mergers & Acquisitions

Fiera Capital closes acquisition of Apex Capital Management and doubles its U.S. presence in the institutional and sub-advisory retail markets

Fiera Capital closes acquisition of Apex Capital Management and doubles its U.S. presence in the institutional and sub-advisory retail markets PR Newswire MONTREAL, NEW YORK and DAYTON, OH, June 2, 2016 MONTREAL , NEW YORK and DAYTON, OH , June 2, 2016 /PRNewswire/ – Fiera Capital Corporation (TSX: FSZ) (“Fiera Capital” or the “Firm”), a leading independent asset management firm, announced today that its wholly-owned subsidiary, Fiera US Holding Inc., has completed its previously announced acquisition of Apex Capital Management Inc. (“Apex”), a prominent U.S. […]

Stock Analysts

Ericsson Mobility Report: IoT to Outdo Mobile Devices by 2018

Communication technology and services behemoth Telefonaktiebolaget LM Ericsson (publ) ERIC recently released a Mobility Report, highlighting the compelling aspects of Internet of Things (“IoT”), which has taken the “Networked Society” universe by a storm. The report reveals that the IoT platform will be overtaking mobile phones as the leading category of connected device by 2018. The company forecasts that cellular IoT will gather the maximum momentum in the IoT connected device space, growing about 23% between 2015 and 2021. […]

Stock Analysts

WEC Energy Hits 52-Week High on Q1 Beat, Customer Growth

The electric and natural gas utility WEC Energy Group WEC hit a new 52-week high of $60.54 during yesterday’s trading session before closing a tad lower at $60.45. The stock has delivered a one-year return of about 29.8% while the S&P 500 declined 0.4% over the same time period. Over the past 52 weeks, WEC Energy’s share price has ranged from a low of $44.93 to a high of $60.54 […]

Stock Analysts

JPMorgan Expects Mid-Teens Increase in Q2 Trading Revenue

JPMorgan Chase & Co. JPM expects to see a mid-teens percentage increase in trading revenue in second-quarter 2016 compared with a weak year-ago period, as disclosed by Daniel Pinto, Chief Executive Officer of the Corporate & Investment Bank at JPMorgan. According to Pinto, market activity was weak in the first two months of 2016. […]

Stock Analysts

GE to Provide Green Solutions to New Eco Park in Surrey, UK

General Electric Company GE , a leading industrial goods manufacturer, recently announced that its Jenbacher gas engines and Monsal advanced anaerobic digestion system have been selected by M+W group for their latest project, the Surrey County Council’s new Eco Park. This waste treatment and biogas-to-energy facility Eco Park is being built in Shepperton, Surrey, England. On completion, the Eco Park will process 40,000 tons of food waste per annum from households in Surrey. […]

Stock Analysts

7 Stocks with Recent Price Strength to Boost Your Returns

In the stock market, finding a win-win strategy is easier said than done. In the current highly volatile market, it is difficult for even an ardent investor to come up with a foolproof approach. One could take resort to the commonly used techniques to find beaten down stocks that have the potential to recover faster than others […]