Stock Analysts

Deutsche Bank (DB) to Divest Portugal PCB Business to ABANCA

Deutsche Bank Aktiengesellschaft DB has agreed to divest its Private & Commercial Banking (“PCB”) business in Portugal to ABANCA Corporación Bancaria S.A. Though, the financial terms of the deal were not disclosed, it is expected to be completed by the first half of 2019. The deal is in line with the German lender’s strategy to streamline operations to keep costs under control and improve its financial health […]

Technicals

What Falling Estimates & Price Mean for L Brands (LB)

Similar to wise buying decisions, exiting certain underperformers at the right time helps maximize portfolio returns. Selling off losers can be difficult, but if both the share price and estimates are falling, it could be time to get rid of the security before more losses hit your portfolio. One such stock that you may want to consider dropping is L Brands, Inc […]

Mergers & Acquisitions

Lincoln International represents Solvay SA in the sale of its facility in Charleston, SC, and the phosphorus derivatives-based products made at the plant, to Lanxess AG

Lincoln International represents Solvay SA in the sale of its facility in Charleston, SC, and the phosphorus derivatives-based products made at the plant, to Lanxess AG This is the 15th Chemicals sector transaction in the last 12 months PR Newswire NEW YORK, March 28, 2018 NEW YORK , March 28, 2018 /PRNewswire/ — Lincoln International (“Lincoln”), a leading global mid-market investment bank, is pleased to announce that it has represented Solvay SA (” Solvay “) in the sale of its Charleston, South Carolina facility, and the associated phosphorus derivatives-based products made at the plant, to Lanxess AG, a specialty chemicals company headquartered in Germany . Lincoln International acted as the exclusive financial advisor to Solvay , working closely with shareholders and management throughout the sale process. […]

Mergers & Acquisitions

Meritage Capital to Join Brown Advisory

Meritage Capital to Join Brown Advisory PR Newswire AUSTIN, Texas, March 28, 2018 AUSTIN, Texas , March 28, 2018 /PRNewswire/ — Brown Advisory—an investment and strategic advisory firm committed to making a material and positive difference in the lives of its clients—is excited to announce it has entered into a definitive agreement to join forces with Austin -based RIA, Meritage Capital, LLC (“Meritage”). Meritage was founded in 2003 by Alex Smith and Tom Meredith . The firm serves family offices, high-net-worth individuals and institutions, and specializes in hedge fund investment solutions. […]

Technicals

Why Expeditors (EXPD) Stock Might be a Great Pick

One stock that might be an intriguing choice for investors right now is Expeditors International of Washington, Inc. EXPD . This is because this security in the Transportation – Services space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective […]

Mergers & Acquisitions

Credit Karma and Silver Lake Announce $500 Million Strategic Secondary Investment

Credit Karma and Silver Lake Announce $500 Million Strategic Secondary Investment PR Newswire SAN FRANCISCO, March 28, 2018 SAN FRANCISCO , March 28, 2018 /PRNewswire/ — Credit Karma, the leading personal finance technology company in North America , today announced that Silver Lake , the global leader in technology investing, will acquire a significant minority stake in the company worth approximately $500 million from existing equity holders through an organized secondary process. Founder and CEO Kenneth Lin will remain the largest shareholder, and together with co-founders Nichole Mustard and Ryan Graciano and the rest of the company’s existing management team will continue to drive its growth strategy and future expansion. Silver Lake Managing Partner Mike Bingle will join the company’s Board of Directors. […]