Stratasys Poised to Grow Despite Headwinds: Time to Buy?
On May 31, we issued an updated research report on Stratasys Ltd. SSYS . Stratasys recently reported better-than-expected results for the first quarter of 2016 […]
On May 31, we issued an updated research report on Stratasys Ltd. SSYS . Stratasys recently reported better-than-expected results for the first quarter of 2016 […]
The Boeing Co. ’s BA business unit, Boeing Defense Space and Security, has won a fixed-price modification contract, worth $3.2 billion, from the U.S. Air Force to develop guidance systems for the Joint Direct Attack Munition (“JDAM”). […]
Starbucks Corporation SBUX recently introduced a new line of cold beverages, following the company’s successful launch of Cold Brew last year. The new cold bar menu includes several new cold coffees and espresso products, including Cold Brew, Cold Brew with Vanilla Sweet Cream, Caramel Iced Macchiato, handcrafted Starbucks Doubleshot on Ice espresso beverage and Nitro Cold Brew. Cold Brew is a handcrafted balanced and smooth coffee, featuring hints of citrus and chocolate. […]
JA Solar Holdings Co., Ltd. JASO has won a contract to supply solar modules for “Front Runner”, a national advanced photovoltaic (PV) technology demonstration project in Datong, China. Per the contract, JA solar will supply 420 megawatts (MW) of modules, including 150 MW of high-efficiency monocrystalline Percium modules […]
Tesla Motors, Inc. ’s TSLA CEO Elon Musk revealed a couple of interesting tidbits at its annual meeting on Tuesday. Firstly, he announced that buyers of the base version of the company’s latest car, Model 3, will not get free use of its Superchargers […]
San Francisco-based private bank and wealth management company First Republic Bank FRC announced the public offering of 2.5 million shares of its common stock. The offering is expected to end on or around Jun 6, 2016, subject to certain conditions. […]
Premium NAND flash control developer Silicon Motion Technology Corp. SIMO recently launched a turnkey merchant ASIC/firmware SATA 6Gb/s SSD controller solution – SM2258 – that can support 3D TLC NAND of major NAND suppliers. […]
Cliffs Natural Resources Inc. CLF has announced a 10-year iron ore pellet supply agreement with ArcelorMittal USA LLC, part of ArcelorMittal MT . The contract ensures that Cliffs will remain ArcelorMittal USA’s sole outside iron ore pellet supplier until 2026 […]
Freeport FCX has wrapped up the sale of a 13% interest in its Morenci unincorporated joint venture to its Japan-based partner, Sumitomo Metal Mining Co., Ltd. (“SMM”) for $1 billion in cash. The deal was announced in Feb 2016 […]
TiVo Inc. TIVO reported first quarter fiscal 2017 non-GAAP earnings of 12 cents per share, which beat the Zacks Consensus Estimate of 7 cents per share. Tivo Inc. […]
Carriage Services Announces Purchase of Bradshaw-Carter Memorial & Funeral Services and Cypress Fairbanks Funeral Home PR Newswire HOUSTON, June 1, 2016 HOUSTON , June 1, 2016 /PRNewswire/ — Carriage Services, Inc. (NYSE: CSV) is extremely pleased to announce that we have acquired Bradshaw-Carter Memorial & Funeral Services and Cypress Fairbanks Funeral Home, both in Houston , as the newest Being The Best operating members of the Carriage family of elite funeral homes. Bradshaw-Carter was founded in 2003 and opened in March 2004 as a “Vision Come True” by Ron Bradshaw in partnership with Tripp Carter . […]
FourPoint Energy Closes Acquisition of Western Anadarko Basin Assets PR Newswire DENVER, June 1, 2016 DENVER , June 1, 2016 /PRNewswire/ — FourPoint Energy, LLC announced today the closing of the previously announced acquisition to acquire all of Chesapeake Energy’s remaining Western Anadarko Basin oil and gas assets for a purchase price of $385 million . The transaction was funded by proceeds from equity issued to existing and new investors. Subject to closing and post-closing adjustments the assets acquired include an interest in nearly 3,500 producing wells primarily in the Granite Wash, Missourian Wash, Upper and Lower Cleveland and Tonkawa formations. […]
Bank of Southern California to Acquire Opus Bank Branch Fourth Acquisition in Coachella Valley Demonstrates Commitment to Desert Region PR Newswire SAN DIEGO, June 1, 2016 SAN DIEGO , June 1, 2016 /PRNewswire/ — Bank of Southern California (OTC Pink: BCAL) announced that it has reached a definitive agreement to acquire the deposits of the La Quinta branch of Opus Bank located at 78080 Calle Estado #101, La Quinta , pending regulatory approval. The sale is anticipated to close on or about August 19, 2016 . Logo – http://photos.prnewswire.com/prnh/20160531/373961LOGO Opus Bank customers will continue to do business with their current Opus Bank branch until the sale is completed. […]
Salesforce Signs Definitive Agreement to Acquire Demandware With Demandware, Salesforce, the #1 CRM, will extend its Customer Success Platform with new Salesforce Commerce Cloud Demandware is the global cloud leader in the multi-billion dollar digital commerce market Leading global brands including Design Within Reach, Lands’ End, L’Oreal and Marks & Spencer rely on Demandware to power their commerce and connect 1:1 with consumers across the web, mobile, social and in-store experiences PR Newswire SAN FRANCISCO and BURLINGTON, Mass., June 1, 2016 SAN FRANCISCO and BURLINGTON, Mass. , June 1, 2016 /PRNewswire/ — Salesforce (NYSE: CRM), the Customer Success Platform and the world’s #1 CRM company, and Demandware (NYSE: DWRE), the industry-leading provider of enterprise cloud commerce solutions, today announced that they have entered into a definitive agreement under which Salesforce will acquire Demandware in a transaction worth approximately $2.8 billion (net of cash acquired). Under the terms of the agreement, Salesforce will commence a tender offer for all outstanding shares of Demandware for $75.00 per share, in cash. […]
Shares of Toro Co. TTC scaled a new 52-week high of $89.99 on May 31, before settling lower at $89.31. […]
The increasing popularity of the craft beer industry has captured the attention of many home brewers. Evidently, this industry has drawn nearly 1.2 million home brewers producing nearly 2 million barrels of beer a year in the U.S., as revealed by sources. […]
PVH Corp. PVH seems to be on a roll, backed by its superior brands, splendid earnings history, strategic growth efforts and robust financials. […]
Oncternal Therapeutics Merges with Tokalas to Form Clinical-Stage Biotechnology Company with Promising Oncology Pipeline Experienced Management Team Appointed to Lead Combined Company to be Oncternal Therapeutics PR Newswire SAN DIEGO, June 1, 2016 SAN DIEGO , June 1, 2016 /PRNewswire/ — Oncternal Therapeutics, Inc. and Tokalas, Inc., today announced that the two companies have completed a merger to create a new world-class clinical-stage oncology company with two promising, first-in-class pipeline products. […]
Specialty CROs, WCCT Global and Medelis, Announce Merger to Deliver Expanded Oncology and Clinical Research Services – Merger offers customers international reach combined with specialized oncology expertise for clinical trial development and implementation – PR Newswire CYPRESS, Calif., June 1, 2016 CYPRESS, Calif. , June 1, 2016 /PRNewswire/ — WCCT Global , an international specialized clinical research organization (CRO), and Medelis, Inc. […]
Shunfeng International Clean Energy Enters MOU to Sell Solar Manufacturing Business Continues focusing on solar power generation, solar project solutions and the new EMC business PR Newswire HONG KONG, June 1, 2016 HONG KONG , June 1, 2016 /PRNewswire/ — Shunfeng International Clean Energy Limited (“SFCE” or the ”Company”, Stock Code : 1165.hk), a leading integrated clean energy solutions provider, announced that the Company has entered into a non-legally binding memorandum of understanding with Asia-Pacific ( China ) Investment Management Ltd. in relation to the possible sale of the 100% equity interests in Jiangsu Shunfeng Photovoltaic Technology Company Limited (“Jiangsu Shunfeng”) at a cash consideration of approximately RMB 5 billion yuan. Jiangsu Shunfeng, a company incorporated in the People’s Republic of China (the ”PRC”), is a wholly owned subsidiary of SFCE and operates the Company’s business in solar projects manufacturing and sales. […]
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