Mergers & Acquisitions

Lianluo Smart Announces Strategic Investment in Guardion Health Sciences

Lianluo Smart Announces Strategic Investment in Guardion Health Sciences PR Newswire BEIJING, Nov. 6, 2017 BEIJING , Nov. 6, 2017 /PRNewswire/ — Lianluo Smart Limited (“Lianluo Smart” or the “Company”) (Nasdaq: LLIT) , a smart service and products provider in China, today announced that the Company and related party Digital Grid ( Hong Kong ) Technology Co., Limited (“Digital Grid”) together invested a total of $5 million in Guardion Health Sciences, Inc […]

Stock Analysts

Navient Closes Earnest Acquisition to Enforce Digitization

Navient Corporation NAVI , headquartered at Wilmington, completed the cash-acquisition deal with San Francisco-based Earnest, a financial technology company, under which the former acquired the latter. In this era of digitization, the combined entity will serve consumer-centric education credit products. Notably, this deal was announced in early October for a total value of $155 million […]

Stock Analysts

Southwest Airlines to Expand With More International Flights

In a bid to expand globally, Southwest Airlines Company LUV has announced the launch of daily international flights from Ft. Lauderdale-Hollywood International Airport (“FLL”) to Providenciales International Airport (PLS) in the Turks and Caicos Islands. Additionally, the carrier has begun flights from FLL to San Jose, Costa Rica (SJO) and Punta Cana, Dominican Republic (PUJ) […]

Stock Analysts

What Lies in the Cards for SINA This Earnings Season?

SINA Corporation SINA is slated to release third-quarter 2017 results on Nov 7, before the opening bell. Last quarter, the company delivered a positive earnings surprise of 9.38%. Moreover, it has delivered positive earnings surprise in all the trailing four quarters, resulting in an average positive earnings surprise of 59.85% […]

Stock Analysts

Pharma Stock Roundup: Pfizer, Teva’s Q3 Earnings, Novartis Seeks New Indication for Kymriah

Major pharma companies like Pfizer PFE , Teva Pharmaceutical Industries Limited TEVA , Sanofi (Read more: Sanofi Q3 Earnings In Line, Sales Lag, Diabetes Weak ), Allergan (Read more: Allergan Tops Q3 Earnings Estimates, Tweaks 2017 View ) and Novo Nordisk (Read more: Novo Nordisk Tops Q3 Earnings Estimates, Lags Sales ) reported third quarter results last week. Recap of the Week’s Most Important Stories Why Did Teva’s Shares Plunge after Q3 Earnings? Teva’s shares plunged 19.9% following the release of third quarter results. […]

Mergers & Acquisitions

Qualcomm Confirms Receipt of Unsolicited Proposal from Broadcom

Qualcomm Confirms Receipt of Unsolicited Proposal from Broadcom PR Newswire SAN DIEGO, Nov. 6, 2017 SAN DIEGO , Nov. 6, 2017 /PRNewswire/ — Qualcomm Incorporated (NASDAQ: QCOM) (“Qualcomm” or the “company”) today confirmed that it has received a non-binding, unsolicited proposal from Broadcom Limited (NASDAQ: AVGO) to acquire all of the outstanding shares of Qualcomm for per share consideration of $60.00 in cash and $10.00 in Broadcom stock […]