Stock Analysts

Universal Display (OLED) Q4 Earnings Beat, ’18 View Sluggish

Universal Display Corporation OLED delivered fourth-quarter 2017 adjusted earnings of 93 cents per share, which beat the Zacks Consensus Estimate by 11 cents. The figure surged 69.1% from the year-ago quarter. Including the effects of the Tax Cuts and Jobs Act income tax expense amounted to $11.5 million, while GAAP earnings were 55 cents per share. […]

Stock Analysts

SBA Communications (SBAC) Tops on Q4 Earnings, Issues View

SBA Communications SBAC reported strong financial results for the fourth quarter of 2017, wherein the top and the bottom lines outpaced the Zacks Consensus Estimate. Headquartered in Boca Raton, FL, SBA Communications is a leading independent owner and operator of wireless communications infrastructure in North, Central and South America. Currently, it is a Zacks Rank #3 (Hold) stock […]

Stock Analysts

Huntsman (HUN) Announces 30% Hike in Quarterly Dividend

Huntsman Corporation ’s HUN board has announced a 30% increase in its quarterly dividend from 12.5 cents to 16.25 cents per share of common stock, which is payable on Mar 30 to stockholders on record as of Mar 15, 2018. The board has also authorized the company to repurchase shares worth up to $400 million of shares in common stock in addition to the $50 million remaining under its share repurchase authorization obtained in September 2015. Notably, Huntsman generated free cash flow of $190 million during the fourth quarter of 2017, up around 42.9% from $133 million a year ago […]

Mergers & Acquisitions

Genesys Acquires Altocloud to Empower All Businesses with Improved Sales and Service Results Through AI and Journey Analytics

Genesys Acquires Altocloud to Empower All Businesses with Improved Sales and Service Results Through AI and Journey Analytics Genesys customers gain rich real-time engagement capability to deliver a hyper-personalized experience, resulting in higher lead conversion and customer satisfaction PR Newswire SAN FRANCISCO and GALWAY, Ireland, Feb. 27, 2018 SAN FRANCISCO and GALWAY, Ireland , Feb. 27, 2018 /PRNewswire/ — Genesys ( www.genesys.com ), the global leader in omnichannel customer experience and contact center solutions , has completed the acquisition of privately held Altocloud Ltd. […]

Mergers & Acquisitions

Cerberus Capital Management to Acquire Bluestone Group’s Australasian Operations

Cerberus Capital Management to Acquire Bluestone Group’s Australasian Operations PR Newswire NEW YORK and LONDON, Feb. 27, 2018 NEW YORK and LONDON , Feb. 27, 2018 /PRNewswire/ — Cerberus Capital Management, L.P., a global leader in alternative investing, today announced that one of its affiliates has entered into an agreement with Bluestone Group, the international financial services business based in the U.K., to acquire its Australasian mortgage lending and portfolio servicing operations (“Bluestone Holdings Australia”) […]

Mergers & Acquisitions

Sharing Economy International Enters into Agreement with Weying Mtel Regarding Potential Acquisition of Global Ticketing Services to Develop Blockchain ECommerce Solution

Sharing Economy International Enters into Agreement with Weying Mtel Regarding Potential Acquisition of Global Ticketing Services to Develop Blockchain ECommerce Solution PR Newswire HONG KONG, Feb. 27, 2018 HONG KONG , Feb. 27, 2018 /PRNewswire/ — Sharing Economy International, Inc. […]

Mergers & Acquisitions

Clayton, Dubilier & Rice-Backed Motor Fuel Group Acquires MRH to Create the U.K.’s #1 Petrol Station and Convenience Retail Operator

Clayton, Dubilier & Rice-Backed Motor Fuel Group Acquires MRH to Create the U.K.’s #1 Petrol Station and Convenience Retail Operator Transaction Valued at £1.2 Billion PR Newswire LONDON and NEW YORK, Feb. 27, 2018 LONDON and NEW YORK , Feb. 27, 2018 /PRNewswire/ — Clayton, Dubilier & Rice-Backed Motor Fuel Group (“MFG” or the “Company”) today announced the acquisition of MRH, the U.K.’s largest petrol station and convenience retail operator. […]

Momentum Stocks

Bull of the Day: Tencent Holdings (TCEHY)

Over the past few years, several notable Chinese internet stocks have exploded in popularity, creating a new sub-industry for many investors here in the U.S. looking to add exposure to China’s growing tech infrastructure to their portfolios. Of these, Tencent Holdings ( TCEHY ) has emerged as one of the strongest options right now […]

Mergers & Acquisitions

Abattis Enters Into Definitive Agreement To Acquire Gabriola Green Farms

Abattis Enters Into Definitive Agreement To Acquire Gabriola Green Farms PR Newswire VANCOUVER, British Columbia, February 27, 2018 VANCOUVER, British Columbia , February 27, 2018 /PRNewswire/ — Abattis Bioceuticals Corp. (the ” Company ” or ” Abattis “) ( CSE : ATT) (CSE: ATT.CN) (OTC: ATTBF) is pleased to announce that it has entered into a definitive agreement (the ” Definitive Agreement “) to acquire (the ” Acquisition “) a 90% ownership interest in Gabriola Green Farms Inc. (” Gabriola “) […]

Stock Analysts

Valero (VLO) to Acquire UK Storage Facility from SemGroup

Valero Energy Corporation VLO recently announced that its UK-based subsidiary, Valero Logistics UK Ltd, has agreed to acquire the SemLogistics Milford Haven fuel storage facility from SemGroup Corp. SEMG , which is located on Wales' west coast. Valero struck the deal with SemGroup Corporation's subsidiary, SemGroup Europe Holding L.L.C […]