Mergers & Acquisitions

Silver Run Acquisition Corporation II Announces Approximately $1,042 million in Trust to Complete Business Combination

Silver Run Acquisition Corporation II Announces Approximately $1,042 million in Trust to Complete Business Combination PR Newswire HOUSTON, Feb. 5, 2018 HOUSTON , Feb. 5, 2018 /PRNewswire/ — Silver Run Acquisition Corporation II (“Silver Run II”) (NASDAQ: SRUN, SRUNU, SRUNW) today announced that, in connection with its proposed business combination with Alta Mesa Holdings, LP (” Alta Mesa “) and Kingfisher Midstream, LLC (“Kingfisher”), it will have approximately $1,042 million in its trust account to complete the business combination […]

Stock Analysts

Wages See Fastest Growth Since 2009: Top 5 Gainers

Americans are now getting fatter paychecks, with wages growing at the quickest pace since the end of the last decade. This has been largely driven by a tighter labor market, tax cut policy and a rise in the minimum wage threshold in several states. Higher wage growth plays a significant role in driving consumer discretionary spending […]

Stock Analysts

5 Breakout Stocks Offering Impressive Returns

Utilizing a breakout investment strategy is a favored choice of active investors who are content only with returns superior to most other investments. This approach involves homing in on stocks trading within a tight range and acquiring them when they move out of this band. In keeping with this approach, they are sold whenever they move below this narrow band […]

Stock Analysts

Interactive Brokers Stock Up 2.2% as January DARTs Improve

Shares of Interactive Brokers Group, Inc. ’s IBKR have rallied 2.2% since its Electronic Brokerage segment reported a year-over-year increase in Daily Average Revenue Trades (DARTs) for January 2018, last week. The segment deals in clearance and settlement of trades for individual and institutional clients globally […]

Mergers & Acquisitions

Broadcom Presents Best and Final Offer for Qualcomm of $82.00 Per Share

Broadcom Presents Best and Final Offer for Qualcomm of $82.00 Per Share Significantly Improved Offer Represents 50% Premium to Qualcomm’s Unaffected Share Price on November 2, 2017, and 56% Premium to Qualcomm’s Unaffected 30-day Volume-weighted Average Price Offer Includes More Broadcom Stock to Provide Greater Opportunity for Qualcomm Stockholders to Share in Transaction Benefits Broadcom Willing to Provide Regulatory Ticking Fee and Significant Reverse Termination Fee Broadcom Also Willing to Make Strong Regulatory Commitments Broadcom Has Fully Negotiated Committed Financing, Including Convertible Debt Financing with Silver Lake Invites Two Qualcomm Directors, including Paul Jacobs, to Join Combined Company’s Board PR Newswire SAN JOSE, Calif., Feb. 5, 2018 SAN JOSE, Calif. , Feb. […]

Stock Analysts

Chemical Stock Earnings to Watch on Feb 6: AXTA, CBT & More

A number of chemical companies are gearing up to report their quarterly numbers on Feb 6. The chemical industry enjoyed a positive run in 2017, helped by continued strength across major end-use markets such as construction, electronics and automotive. A recovery in demand in the energy space has been another tailwind for the chemical industry, thanks to the recent rebound in crude oil prices […]

Momentum Stocks

Bear of the Day: Core-Mark Holding (CORE)

Core-Mark Holding ( CORE ), a Zacks Rank #5 (Strong Sell), .is one of the largest marketers of fresh and broad-line supply solutions to the convenience retail industry in North America. Core-Mark Holding Company, Inc.is one of the largest marketers of fresh and broad-line supply solutions to the convenience retail industry in North America. […]

Momentum Stocks

Bull of the Day: Air Products (APD)

Air Products ( APD ), a Zacks Rank #2 (Buy), is a world-leading Industrial Gases company. The Company's core industrial gases business provides atmospheric and process gases and related equipment to manufacturing markets, including refining and petrochemical, metals, electronics, and food and beverage. Air Products is also the world's leading supplier of liquefied natural gas process technology and equipment […]

Mergers & Acquisitions

Golden Meditech Acquires 16.14% Interest of Ying Peng Hui Kang Fund

Golden Meditech Acquires 16.14% Interest of Ying Peng Hui Kang Fund PR Newswire HONG KONG, Feb. 4, 2018 HONG KONG, Feb. 4, 2018 /PRNewswire/ — Golden Meditech Holdings Limited ( SEHK stock code : 00801) (“Golden Meditech” or the “Company”, together with its subsidiaries, the “Group”), a leading integrated healthcare enterprise in China , announces that Golden Meditech Technology ( Shanghai ) Company Limited*, a wholly-owned subsidiary of the Company, acquires 16.14% interest in Nanjing Ying Peng Hui Kang Medical Industry Investment Partnership (Limited Partnership)* (“Ying Peng Hui Kang Fund”) as a limited partner by entering into a transfer agreement with, among others, Hengqin Long Xi II Investment Center (Limited Partnership)* (“Hengqin Investment”) for a total cash consideration which is equivalent to the initial capital contribution in the amount of RMB1.060 billion made by Hengqin Investment and a 9% annual return rate (the total consideration shall not be more than approximately RMB1.127 billion in any event) (the “Acquisition”) […]