Mergers & Acquisitions

Bostik Acquires XL Brands in Flooring Adhesives in the United States

Bostik Acquires XL Brands in Flooring Adhesives in the United States PR Newswire PARIS, November 6, 2017 PARIS , November 6, 2017 /PRNewswire/ — Proposed acquisition of the assets of XL Brands, a leader in floor covering adhesives in the United States, that will allow Bostik to offer comprehensive solutions in this growing high added value market Offer based on a US$205 million enterprise value, i.e. 11 times current EBITDA (7 times within 4 to 5 years and including synergies) XL Brands is a leader in adhesives for resilient and soft flooring in the United States . […]

Mergers & Acquisitions

With the Acquisition of EK Design, SEGULA Technologies is Strengthening Its Position as a Respected Engineering Specialist in Germany and Expands Into Austria

With the Acquisition of EK Design, SEGULA Technologies is Strengthening Its Position as a Respected Engineering Specialist in Germany and Expands Into Austria PR Newswire PARIS, November 6, 2017 PARIS , November 6, 2017 /PRNewswire/ — Worldwide engineering group SEGULA Te c hn o logies has announced its acquisition of EK Design , a German company specialising in the automotive and industrial / special vehicle sector that is active throughout the development process, from design all the way to industrialization and serial life. Only a few months after the acquisition of Technicon Design in the field of automotive styling, this transaction serves to illustrate once again the strong growth of Segula Technologies, which now employs 11,000 people across 26 different countries. ” For Segula Technologies, where automotive and industrial vehicle activities have always formed the core business, this move reflects its desire to make a sustainable commitment at the heart of the German automotive sector […]

Momentum Stocks

Bull of the Day: Intel (INTC)

Headquartered in Santa Clara, CA, Intel ( INTC ) is one of the largest chipmakers in the world. Client Computing Group (55% of 2016 revenues) and Data Center Group (29%) are their largest segments. Of late, the company has increased its presence in high growth areas like data centers, self-driving cars, artificial intelligence and the Internet of Things. […]

Momentum Stocks

Bear of the Day: Whirlpool (WHR)

Headquartered in Benton Harbor, MI, Whirlpool Corporation ( WHR ) is one of the largest manufacturers of home appliances in the world. The company’s portfolio of products includes laundry appliances, refrigerators and freezers, cooking appliances, and other small household appliances such as dishwashers and mixers. Disappointing Results The company reported disappointing Q3 results—missing on both the top and bottom lines […]

Mergers & Acquisitions

Commodity Traders, Energy Majors and Banks Join Forces to Create a Blockchain-based Digital Platform for the Energy Commodity Trading Industry

Commodity Traders, Energy Majors and Banks Join Forces to Create a Blockchain-based Digital Platform for the Energy Commodity Trading Industry PR Newswire LONDON, GENEVA, AMSTERDAM and STAVANGER, Norway, November 6, 2017 LONDON , GENEVA , AMSTERDAM and STAVANGER, Norway , November 6, 2017 /PRNewswire/ — In a unique collaboration, several of the world’s largest trading houses, integrated energy companies and banks intend to create and invest in a new venture, which will be managed and operated as an independent entity. The new venture will develop a blockchain-based digital platform intended to modernise and transform post-transaction management of physical energy commodities trading, pending relevant regulatory approvals. The consortium participants are companies from: energy majors BP, Shell and Statoil; trading houses Gunvor, Koch Supply & Trading, and Mercuria; and banks ABN Amro, ING and Societe Generale. […]

Stock Analysts

AMZN, GOOGL, MSFT: Which Is the Best Stock?

All three companies reported stellar earnings, blowing past estimates and laying out exciting plans for the future. All three are cloud infrastructure providers, although that’s not their bread and butter (yet). All operate on a huge scale across the world and all are growth oriented (so in investment mode and no dividends) […]