Stock Analysts

Wells Fargo (WFC) to Divest Assets of Auto Lending Segment

Wells Fargo & Company WFC has entered into an agreement with Popular BPOP to divest certain assets and liabilities of its auto finance business in Puerto Rico. The all cash deal is expected to close by mid-2018. Wells Fargo’s auto lending segment landed in trouble last year when its customers were financially hurt due to issues related to auto Collateral Protection Insurance policies […]

Stock Analysts

5 Value Stocks to Log Gains Using Price-to-Book Ratio

There are several different ways to find value stocks. Among these, the most popular are price-to-earnings ratio (P/E) and price-to-sales ratio (P/S). However, investors often overlook the price-to-book ratio (P/B ratio), which though used less often, is also an easy-to-use valuation tool for identifying low-priced stocks with great returns […]

Mergers & Acquisitions

Oracle Buys Zenedge

Oracle Buys Zenedge Adds Leading Cloud-Based Network and Infrastructure Security Capabilities to Protect Enterprises from Today’s Complex Digital Threats PR Newswire REDWOOD SHORES, Calif., Feb. 15, 2018 REDWOOD SHORES, Calif., Feb. […]

Mergers & Acquisitions

Mobiliya Joins QuEST Global on a Hi-Tech Journey

Mobiliya Joins QuEST Global on a Hi-Tech Journey PR Newswire BENGALURU, India, February 15, 2018 BENGALURU, India , February 15, 2018 /PRNewswire/ — QuEST Global Services (QuEST), a global leader in providing premium engineering solutions, has announced the acquisition of Mobiliya Technologies based out of Pune, India . The acquisition will strengthen QuEST Global’s capability in Industrial & Hi-Tech verticals and add new service offerings including artificial intelligence and augmented reality. This is the third acquisition made by QuEST Global in this financial year after the acquisition of DETECH Fahrzeugentwicklung GmbH and IT Six Global based out of Germany and Romania respectively. […]

Stock Analysts

ARRIS (ARRS) Q4 Earnings Surpass Estimates, Revenues Miss

ARRIS International plc ’s ARRS fourth-quarter 2017 earnings (excluding 81 cents from non-recurring items) of 88 cents per share beat the Zacks Consensus Estimate of 77 cents. Also, the bottom line improved 11.4% more than the year-ago quarter. The earnings beat and its year-over-year increase seem to have pleased investors. […]