Stock Analysts

8point3 Energy Announces 3% Dividend Hike for Fiscal Q4

8point3 Energy Partners LP ‘s CAFD recently announced that its board of directors has declared a hike in the quarterly distribution of Class A shares for the fiscal fourth quarter of 2017. This brings the annualized payout to $1.121 per share, up from $1.088 paid previously. The new annual yield on distribution is 7.5% […]

Mergers & Acquisitions

Axis Auto Finance Signs Definitive Agreement to Acquire Cars On Credit Financial

Axis Auto Finance Signs Definitive Agreement to Acquire Cars On Credit Financial Canada NewsWire TORONTO, Dec. 21, 2017 The transaction will more than double Axis’ portfolio to nearly $60 million Purchase price of $11 million to be funded from the proceeds of a concurrent $15 million private placement of subscription receipts The transaction is expected to be immediately accretive to Axis’ Adjusted Earnings and on a Price-to-Book basis TORONTO , Dec. 21, 2017 /CNW/ – Axis Auto Finance Inc. […]

Mergers & Acquisitions

Cabot Oil & Gas Corporation Announces Agreement to Sell Eagle Ford Shale Assets

Cabot Oil & Gas Corporation Announces Agreement to Sell Eagle Ford Shale Assets PR Newswire HOUSTON, Dec. 20, 2017 HOUSTON , Dec. 20, 2017 /PRNewswire/ — Cabot Oil & Gas Corporation (NYSE: COG) (“Cabot” or the “Company”) announced today that it has reached an agreement to sell its operated and non-operated Eagle Ford Shale assets to an affiliate of Venado Oil & Gas LLC for $765 million . […]

Mergers & Acquisitions

/C O R R E C T I O N — Scientific Games Corporation/

/C O R R E C T I O N — Scientific Games Corporation/ PR Newswire LAS VEGAS, Dec. 20, 2017 In the news release, Scientific Games and NYX Gaming Group Announce Shareholder Approval for Acquisition of NYX, issued 20-Dec-2017 by Scientific Games Corporation over PR Newswire, we are advised by the company that the first sub headline should read “99 Percent of Votes Cast Approving the Scheme” rather than “90 Percent of Voting Shareholders Approving the Scheme” as originally issued inadvertently. The complete, corrected release follows: Scientific Games and NYX Gaming Group Announce Shareholder Approval for Acquisition of NYX Scheme Achieves Broad Shareholder Support with 99 Percent of Votes Cast Approving the Scheme Acquisition Scheduled to Close in Early January LAS VEGAS , Dec. […]

Stock Analysts

5 Top-Ranked MLPs for Investors Playing a 2018 Rebound

The surge in oil and natural gas production over the past few years have made pipelines, storage and associated energy infrastructure master limited partnerships (or MLPs) attractive bets in the energy midstream space. This is because these network providers derive a major portion of their revenues from fee-based contracts based on volume and are largely insensitive to commodity price fluctuations. The Business of MLPs MLPs differ from regular stocks in that interests in them are referred to as units and the unitholders (not shareholders) are partners in the business […]