Mergers & Acquisitions

Sapiens Acquires North American P&C Solution Provider Adaptik

Sapiens Acquires North American P&C Solution Provider Adaptik Acquisition is the latest step in Sapiens’ journey to offer the U.S. insurance market a modern, modular, fully integrated property and casualty insurance platform PR Newswire HOLON, Israel, February 7, 2018 HOLON, Israel , February 7, 2018 /PRNewswire/ — Sapiens International Corporation , (NASDAQ and TASE: SPNS), a leading global provider of software solutions for the insurance industry, with a growing presence in the financial services sector, announced today that it has entered into a definitive agreement to acquire Adaptik . […]

Mergers & Acquisitions

Siemens continues to invest in IC industry with planned acquisition of Sarokal Test Systems

Siemens continues to invest in IC industry with planned acquisition of Sarokal Test Systems – Siemens to add to growing integrated circuit (IC) strength and worldwide digitalization strategy with unique technology and expertise for 5G segment – Sarokal’s technology combined with the Veloce emulator will let customers validate 4G and 5G designs during both pre- and post-silicon testing PR Newswire PLANO, Texas, Feb. 7, 2018 PLANO, Texas , Feb. 7, 2018 /PRNewswire/ — Siemens today announced it has entered into an agreement to acquire Oulu, Finland -based Sarokal Test Systems Oy, a provider of innovative test solutions for fronthaul networks that are comprised of links between the centralized radio controllers and the radio heads (or masts) at the “edge” of a cellular network. […]

Stock Analysts

Discovery Communications a Step Closer to Acquiring Scripps

Discovery Communications DISCA moved a step closer to buying fellow U.S. company — Scripps Network Interactive SNI — following the receipt of antitrust clearance from the European Commission (EC). The company intends to buy Scripps Network in a cash and stock deal worth $14.6 billion (inclusive of the assumption of Scripps’ net debt of approximately $2.7 billion). […]

Stock Analysts

Seattle Genetics (SGEN) Q4 Earnings & Revenues Top Estimates

Seattle Genetics, Inc. SGEN reported a loss of 41 cents per share for the fourth quarter of 2017, narrower than the Zacks Consensus Estimate of 43 cents but wider than the year-ago quarter loss of 39 cents per share. Revenues came in at $129.6 million, up 23.1% year over year, primarily on the back of strong sales of Adcetris. […]

Stock Analysts

RBC Bearings (ROLL) Beats Q3 Earnings & Revenue Estimates

RBC Bearings Incorporated ROLL reported better-than-expected results for third-quarter fiscal 2018 (ended Dec 30, 2017). Earnings and Revenues Quarterly adjusted earnings came in at $1.05 per share, beating the Zacks Consensus Estimate of 86 cents. The top line also comfortably exceeded the year-ago tally of 73 cents per share […]

Stock Analysts

Enhancing AI Capabilities to Drive NVIDIA (NVDA) Q4 Earnings

NVIDIA Corporation NVDA is anticipated to impress investors once again with its stellar performance in the fourth-quarter fiscal 2018 results which it will report tomorrow after the market closes. Notably, for the last two years, the company’s quarterly revenues have been advancing at a rate more than 50%, earnings have tripled and shares have displayed more than six-fold growth, consequently. This Santa Clara, CA-based chip-making giant is well known for its high-performance graphics processing units (GPUs) used by PC gamers. […]

Stock Analysts

Campbell (CPB) Slips to 52-Week Low: What’s Pulling it Down?

Campbell Soup Company CPB hit a 52-week low of $43.50 on Feb 6, closing a notch higher at $45.14. Also, the company shares have been losing investors’ confidence in a year’s time due to dismal top- and bottom-line trends in the recent quarters, amid a volatile operating environment. Evidently, the stock plunged 28.8% in a year, much wider than the industry ’s decline of 6.8% […]