September 2017 – Page 5 – The New Religion

Raytheon (RTN) Wins $45.5M Deal for ROTHR From U.S. Navy

September 29, 2017 0

Raytheon Company RTN announced that it has been awarded a $45.5-million contract by the U.S. Navy for the Relocatable Over-the-Horizon Radar system. According to the company, 50% of the work related to the contract will be carried out at its Dallastown, PA facility and the rest will be done at New Kent, Virginia (11 percent); Premont, Texas (11%); Vieques, Puerto Rico (11%); Chesapeake, Virginia (10%); Marlborough, Massachusetts (3%); Freer, Texas (2%) and Juana Diaz, Puerto Rico (2%). […]

Can Fred’s Strategies Help It Counter Slow Comps & Traffic?

September 29, 2017 0

The retail segment has been witnessing increased competition owing to technological upgradations and continuous expansion efforts by large retailers. Consumers are increasingly shifting toward online shopping, thereby hurting store traffic. As a result, smaller firms in the segment, who are incapable of adapting with such changing trends, have resorted to store closures as consumer footfall continues to decline […]

North Dakota Production Up in July: Will the Gain Last?

September 29, 2017 0

As per North Dakota’s oil regulator, the state’s daily crude output rose 1.4% in July after dropping 0.8% in the previous month. The North Dakota Department of Mineral Resources’ ("DMR") latest data said that oil production in July averaged 1,047,526 barrels a day, up 14,653 barrels a day from June. Along With Oil, Gas Production Rises Too Reflecting a healthy increase and trumping expectations, the newest numbers confirm the resurgence in volumes extracted from North Dakota, centered on the Bakken Shale formation […]

Mednax Suffers From Low Patient Admissions, High Expenses

September 29, 2017 0

Mednax, Inc. MD is suffering from a subdued pace of birth across the country, which has slowed growth of one of its core businesses — neonatology. This has put significant stress on its revenue growth. […]

CIT Announces Early Results of its Previously Announced Cash Tender Offer of Unsecured Notes

September 29, 2017 0

CIT Announces Early Results of its Previously Announced Cash Tender Offer of Unsecured Notes PR Newswire NEW YORK, Sept. 29, 2017 NEW YORK , Sept. 29, 2017 /PRNewswire/ — CIT Group Inc […]

Bacara Resort & Spa Acquired by Carey Watermark Investors and Carey Watermark Investors 2

September 29, 2017 0

Bacara Resort & Spa Acquired by Carey Watermark Investors and Carey Watermark Investors 2 Recently Renovated, Oceanfront Property to be Rebranded as The Ritz-Carlton Bacara, Santa Barbara PR Newswire NEW YORK, Sept. 29, 2017 NEW YORK , Sept. 29, 2017 /PRNewswire/ — Carey Watermark Investors Incorporated (CWI 1) and Carey Watermark Investors 2 Incorporated (CWI 2), two non-traded real estate investment trusts (REITs) that invest in lodging and lodging-related properties, announced that they have acquired Bacara Resort & Spa […]

Insight Acquires Dutch Cloud Service Provider Caase.com

September 29, 2017 0

Insight Acquires Dutch Cloud Service Provider Caase.com PR Newswire AMSTERDAM, September 29, 2017 AMSTERDAM , September 29, 2017 /PRNewswire/ — Insight EMEA, which has operations in 12 subsidiaries in Europe , has acquired Dutch cloud service provider Caase.com, in a move that strengthens its ability to deliver intelligent cloud solutions to its clients in the Netherlands , with a view to expand into the wider European region in the near future. Caase.com works with private and public sector organisations to improve their workforce productivity and reduce the costs of running IT with cloud-based innovation. […]

M Group Services Announces Magdalene Acquisition To Strengthen Telecommunications Capability

September 29, 2017 0

M Group Services Announces Magdalene Acquisition To Strengthen Telecommunications Capability PR Newswire STEVENAGE, England, Sept. 29, 2017 STEVENAGE, England , Sept. […]

Bull of the Day: Microchip Technology (MCHP)

September 29, 2017 0

With some uncertain trading in the summer, investors were starting to worry if the incredible growth in the semiconductor industry could keep up, and if stocks in this segment would continue moving in the right direction. After all, the space had been on fire and there was plenty of hype regarding a variety of new areas for semiconductor companies to expand into in the near future, but questions remained about how just how far in the future this boom might be. With this backdrop, the latest earnings report from Micron ( MU ) was definitely in focus for investors. […]

Bear of the Day: United Continental Holdings (UAL)

September 29, 2017 0

It has been a summer to forget for the airline industry. Increased competition is finally catching up to the space, while the recent burst of terrible storms kept several major airline hubs out of commission too. One such airline that was especially impacted was United Continental ( UAL ), the parent company for United Airlines. […]

General Moly and its Largest Shareholder, AMER, Agree to Two-week Extension to Close $6 Million Tranche 2 Private Placement and General Moly Reports on Ruling from Nevada Supreme Court

September 29, 2017 0

General Moly and its Largest Shareholder, AMER, Agree to Two-week Extension to Close $6 Million Tranche 2 Private Placement and General Moly Reports on Ruling from Nevada Supreme Court PR Newswire LAKEWOOD, Colo., Sept. 29, 2017 LAKEWOOD, Colo. […]

Axene Health Partners, LLC Announces Merger With Dynamic Vision, Inc.

September 28, 2017 0

Axene Health Partners, LLC Announces Merger With Dynamic Vision, Inc. PR Newswire MURRIETA, Calif., Sept. 28, 2017 MURRIETA, Calif […]

Completion of CFIUS Review Process and NYSE Listing Approval Paves the Way for MDA and DigitalGlobe Merger to Close

September 28, 2017 0

Completion of CFIUS Review Process and NYSE Listing Approval Paves the Way for MDA and DigitalGlobe Merger to Close PR Newswire SAN FRANCISCO and WESTMINSTER, CO, Sept. 28, 2017 SAN FRANCISCO and WESTMINSTER, CO , Sept. 28, 2017 /PRNewswire/ – MacDonald, Dettwiler and Associates Ltd. […]

Angie’s List Announces Stockholder Merger Consideration Election Results

September 28, 2017 0

Angie’s List Announces Stockholder Merger Consideration Election Results PR Newswire INDIANAPOLIS, Sept. 28, 2017 INDIANAPOLIS , Sept. 28, 2017 /PRNewswire/ — Angie’s List, Inc., a Delaware corporation (NASDAQ: ANGI, or “Angie’s List”) today announced the results of the elections made by stockholders of Angie’s List regarding the form of merger consideration they will receive in connection with the acquisition of Angie’s List by ANGI Homeservices, Inc., a Delaware corporation (“ANGI Homeservices”), by way of the merger of Casa Merger Sub, Inc., a Delaware corporation and direct wholly owned subsidiary of ANGI Homeservices, with and into Angie’s List (the “Merger”), with Angie’s List continuing as the surviving company in the Merger and a wholly owned subsidiary of ANGI Homeservices […]

root9B, LLC Acquired by Tracker Capital Management

September 28, 2017 0

root9B, LLC Acquired by Tracker Capital Management Transaction Provides Cybersecurity Leader with Capital, Stability, and Expertise to Pursue its Strategic Growth Plans PR Newswire COLORADO SPRINGS, Colo., Sept. 28, 2017 COLORADO SPRINGS, Colo. , Sept […]

Corby Spirit and Wine Extends Closing Date of the Acquisition of The Foreign Affair Winery

September 28, 2017 0

Corby Spirit and Wine Extends Closing Date of the Acquisition of The Foreign Affair Winery Canada NewsWire TORONTO, Sept. 28, 2017 TORONTO , Sept. […]

Campus Labs, a Portfolio Company of Leeds Equity Partners, Completes Acquisition of CoursEval

September 28, 2017 0

Campus Labs, a Portfolio Company of Leeds Equity Partners, Completes Acquisition of CoursEval Leeds Equity Partners-backed portfolio company acquires leading provider of online course and instructor evaluation software for higher education institutions PR Newswire NEW YORK, Sept. 28, 2017 NEW YORK , Sept. 28, 2017 /PRNewswire/ — Campus Labs, Inc., a subsidiary of EdCentric, Inc […]