NQ Mobile Inc. Provides An Update on the Divestment of FL Mobile and Showself Businesses PR Newswire BEIJING, May 31, 2017 BEIJING , May 31, 2017 /PRNewswire/ — NQ Mobile Inc. (NYSE: NQ) (“NQ Mobile” or “the Company”), a leading global provider of mobile Internet services, today provided an update on the FL Mobile Divestment […]
Norsat Enters into Amended Definitive Agreement with Hytera Communications Co., Ltd. to be Acquired for $11.25 USD Per Share PR Newswire VANCOUVER, May 31, 2017 All-cash offer price represents premium of 77% over unaffected trading price of the shares on September 16, 2016 (the date before which a shareholder of Norsat publicly expressed an interest in acquiring control of Norsat), and 82% over the 20-day volume weighted average price (“VWAP”) ending on September 16, 2016 . Transaction has unanimous support of Norsat’s Independent Directors […]
Shares of The Bank of Nova Scotia BNS gained nearly 1% on the NYSE following the release of its second-quarter fiscal 2017 (ended Apr 30) results before the opening bell. Net income for the quarter came in at C$2.06 billion ($1.55 billion), jumping 30% year over year. A rise in net interest income and a decline in expenses largely drove the improved results […]
Outfront Media Inc. OUT , a leading provider of out-of-home advertising space, has expanded partnership with Indonesian Ministry of Tourism, Wonderful Indonesia. […]
Kronos Worldwide ’s KRO stock looks promising at the moment. The chemical maker, currently carrying a Zacks Rank #1 (Strong Buy), has seen its shares pop roughly 56% year to date. If you haven’t taken advantage of the share price appreciation yet, the time is right for you to add the stock to portfolio as it looks promising and is poised to carry the momentum ahead. […]
Perrigo Company plc Announces $1,400,000,000 Cash Tender Offer for Certain Notes PR Newswire DUBLIN, May 31, 2017 DUBLIN , May 31, 2017 /PRNewswire/ — Perrigo Company plc (“Perrigo” or the “Company”) (NYSE; TASE: PRGO) announced today that it and Perrigo Finance Unlimited Company, its wholly-owned finance subsidiary (“Perrigo Finance”), have commenced a cash tender offer (the “Tender Offer”) for up to a combined aggregate principal amount of $1,400,000,000 of Perrigo’s 4.000% Notes due 2023 and 5.300% Notes due 2043 and Perrigo Finance’s 3.500% Notes due March 2021 , 3.500% Notes due December 2021 , 4.900% Notes due 2044, 4.375% Notes due 2026 and 3.900% Notes due 2024 (collectively, the “Notes”). The Tender Offer is being made pursuant to, and subject to the terms and conditions in, an Offer to Purchase, dated May 31, 2017 (the “Offer to Purchase”) which sets forth a description of the terms of the Tender Offer. A summary of certain terms of the Tender Offer is below: Issuer/Applicable Offeror Title of Security CUSIP Number Aggregate Principal Amount Outstanding Acceptance Priority Level Series Cap Reference U.S. […]
OTC Markets Group Acquires theOTC.today PR Newswire NEW YORK, May 31, 2017 NEW YORK , May 31, 2017 /PRNewswire/ — OTC Markets Group Inc. (“OTC Markets” or “the Company”) (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced it has acquired theOTC.today , an independent website that monitors and analyzes stock promotion campaigns, effective May 30 […]
The most popular valuation metrics used to evaluate companies are Price-to-earnings (P/E) and Price-to-Sales (P/S) ratio. However, price-to-book (P/B) ratio is often overlooked by investors. The price-to-book ratio is determined by comparing a stock's market price to its book value. […]
Enpowered Solutions, LLC, Expands Offerings Through Key Acquisition PR Newswire SANTA ANA, Calif., May 31, 2017 SANTA ANA, Calif . , May 31, 2017 /PRNewswire/ — Enpowered Solutions, LLC, a leading provider of customer-focused energy efficiency and commissioning services and solutions, announced that it is expanding services through the acquisition of certain professional services contracts and related employees from EnerNOC (Nasdaq:ENOC). This growth enables Enpowered Solutions to better serve the needs of their commercial and institutional customers throughout the US. […]
Softvision, a Portfolio Company of Tower Arch Capital, Acquires Momentus Software to Strengthen Digital Product Design Services PR Newswire ATLANTA, May 31, 2017 ATLANTA , May 31, 2017 /PRNewswire-USNewswire/ — Softvision LLC, a leading developer of digital products for top brands, has acquired Canadian-based Momentus Software, adding a 17th node to its worldwide Studio network. “The acquisition of Momentus enables Softvision to strengthen our Product, Design, and UX Guilds , to better service our North American customers. Momentus is a digital innovator, they have an outstanding product design capability to deliver the most engaging digital experiences for various key verticals ,” said Andres Angelani, Softvision’s CEO. […]
Automobile manufacturers are facing a few storms that could provide major headwinds into the next several quarters. Rising interest rates certainly don’t help their financing efforts on new cars, although it may provide some opportunities for more in-house financing. Then there’s this notion of “peak auto sales” which implies that the boom in new car sales has reached its end […]
When it comes to high beta areas of the stock market investors often under-estimate the risks involved. They see the huge reward potential but don’t properly assess the risk. Today’s Bull of the Day is an idea that lets you participate in the upside of a high beta industry while mitigating some of the risks of the underlying business. […]
Frontier Services Group Updates on Its Security Division; Acquires Stake in Beijing’s International Security and Defense College PR Newswire HONG KONG, May 31, 2017 HONG KONG , May 31, 2017 /PRNewswire/ — Frontier Services Group Limited (“FSG” or the “Company”) (SEHK: 00500), a leading security, insurance and logistics services company, today updates clients and shareholders on developments within its market-leading Safety & Security division. This includes an outline of FSG’s security strategy, as well as announcing that the Company has reached an agreement to acquire 25% of the International Security and Defense College (ISDC) in Beijing . […]
Security On-Demand Announces Acquisition of Infobright Analytics & Technology Assets Acquisition provides Security On-Demand with “SuperScale Analytics” technology that sets the stage for the next era of threat detection capabilities PR Newswire SAN DIEGO, May 31, 2017 SAN DIEGO , May 31, 2017 /PRNewswire/ — Security On-Demand Inc., (“SOD”) the leading provider of advanced threat detection and analytics services announced today it has acquired Infobright Approximate Query (IAQ) technology and Intellectual Property assets from Infobright Corporation. The IAQ technology IP was developed by the world’s leading data scientists in large-scale data analytics who used Rough Set Math Theory to develop the world’s first AQ analytics engine. […]
Generational Equity Announces Sale of Imperial Packaging to Seaboard Folding Box PR Newswire DALLAS, May 31, 2017 DALLAS , May 31, 2017 /PRNewswire/ — Generational Equity , a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Imperial Packaging Inc., to Seaboard Folding Box Company Inc., a platform company of private equity firm Charter Oak Equity. The acquisition closed April 11, 2017 . Details were not disclosed. […]
MVP REIT and MVP REIT II Announce Definitive Merger Agreement PR Newswire LAS VEGAS, May 30, 2017 LAS VEGAS , May 30, 2017 /PRNewswire/ — MVP REIT, Inc. and MVP REIT II, Inc. announced today that they have entered into a definitive merger agreement, pursuant to which MVP I will merge with and into a wholly-owned merger subsidiary of MVP II with the merger subsidiary continuing as the surviving entity […]
EastGroup Properties Announces Recent Business Activity PR Newswire JACKSON, Miss., May 30, 2017 JACKSON, Miss. , May 30, 2017 /PRNewswire/ — EastGroup Properties (NYSE: EGP) announced today its recent business activity. PERSONNEL Two new executive officers recently joined the Company to serve as Senior Vice Presidents over the Texas and Western regions, both of whom assumed their new positions in late May […]
i2 Pharmaceuticals Acquires Antibody and Protein Engineering Technology Portfolio from Sea Lane Biotechnologies PR Newswire BOULDER, Colo., May 30, 2017 BOULDER, Colo. , May 30, 2017 /PRNewswire/ — i2 Pharmaceuticals, Inc., a biopharmaceutical company focused on next generation discovery and development of therapeutics with a focus on personalized cancer treatment, announced the acquisition of all of the antibody and engineered protein technology of Sea Lane Biotechnologies, LLC, Redwood City, California , including several potential product candidates. The acquisition consists of three distinct classes of protein therapeutics, including world-class human antibody libraries, human b-cell derived antibodies, and a new class of engineered protein therapeutics called Surrobodies […]
Ferrero International S.A. has Acquired U.S. […]
The grocery business is grappling with headwinds like food deflation, stiff competition, and aggressive promotional environment. Traditional grocery rivals are strengthening their franchises and outside players are offering alternative outlets for food and other staples. Customers are becoming more inclined toward private label products as they are low cost alternatives to national brands. […]
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