Month: March 2018

Mergers & Acquisitions

Quality Care Properties Reaches Agreement with HCR ManorCare to Effect Orderly Transition of Skilled Nursing, Assisted Living, Hospice and Homecare Businesses to QCP Ownership

March 2, 2018 0

Quality Care Properties Reaches Agreement with HCR ManorCare to Effect Orderly Transition of Skilled Nursing, Assisted Living, Hospice and Homecare Businesses to QCP Ownership Transaction to be Effected Through Prepackaged Plan of Reorganization Patient Care and Relationships with Employees and Vendors to Continue Without Interruption PR Newswire BETHESDA, Md. and TOLEDO, Ohio, March 2, 2018 BETHESDA, Md. and TOLEDO, Ohio , March 2, 2018 /PRNewswire/ — Quality Care Properties, Inc […]

Technicals

Century Aluminum Company (CENX) Jumps: Stock Rises 7.5%

March 2, 2018 0

Century Aluminum Company CENX was a big mover last session, as the company saw its shares rise nearly 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $19.05 –$24.12 in the past one-month time frame, witnessed a sharp increase yesterday […]

Technicals

Should You Sell Red Lion Hotels (RLH) Before Earnings?

March 2, 2018 0

Investors are always looking for stocks that are poised to beat at earnings season and Red Lion Hotels Corporation RLH may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report. That is because Red Lion Hotels is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat […]

Technicals

3D Systems (DDD) Surges: Stock Moves 13.1% Higher

March 2, 2018 0

3D Systems Corporation DDD was a big mover last session, as the company saw its shares rise more than 13% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $9.07 to $10.38 in the past one-month time frame. […]

Technicals

Is a Surprise Coming for Bluegreen Vacations (BXG) This Earnings Season?

March 2, 2018 0

Investors are always looking for stocks that are poised to beat at earnings season and Bluegreen Vacations Corporation BXG may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report. That is because Bluegreen Vacations is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat […]

Mergers & Acquisitions

Discovery Communications Announces Exercise Of Cash Top-Up Option

March 2, 2018 0

Discovery Communications Announces Exercise Of Cash Top-Up Option Scripps Merger Consideration Set as $65.82 per Share in Cash and 1.0584 Shares of Discovery Series C Common Stock, Subject to Election and Proration PR Newswire SILVER SPRING, Md., March 2, 2018 SILVER SPRING, Md. , March 2, 2018 /PRNewswire/ — Discovery Communications, Inc. (Nasdaq: DISCA, DISCB, DISCK) (“Discovery”) today announced that it has elected to exercise in full the cash top-up option pursuant to the Agreement and Plan of Merger, dated as of July 30, 2017 , by and among Scripps Networks Interactive, Inc. […]

Mergers & Acquisitions

Porcaro Stolarek Mete Partners LLC Acquires Chicago Technology Advisors

March 2, 2018 0

Porcaro Stolarek Mete Partners LLC Acquires Chicago Technology Advisors PR Newswire CHICAGO, March 2, 2018 CHICAGO , March 2, 2018 /PRNewswire/ — Porcaro Stolarek Mete Partners LLC (“PSM”) announced that it has acquired Chicago Technology Advisors, a Chicago -based IT managed services company. The purchase adds to the growing portfolio of PSM clients and services and expands an already impressive team of engineers and consultants. The all-cash purchase of the managed services provider fits into PSM’s strategy and dedication to serving the long-term IT needs of the Chicago small and medium business space. […]

Stock Analysts

St. Joe (JOE) Posts Adjusted Loss in Q4, Revenues Rise Y/Y

March 2, 2018 0

The St. Joe Company JOE reported fourth-quarter 2017 adjusted loss per share of 8 cents, deteriorating from earnings of 4 cents in the prior-year quarter. Results excluded net gain of $9.8 million from the sale of short-term vacation-rental management business and the one-time credit of $33.5 million related to the Tax act […]

Stock Analysts

KBR Secures Ammonia InSite Technology Contract in Indonesia

March 2, 2018 0

KBR, Inc. KBR recently clinched a contract from PT Panca Amara Utama (PAU) to offer Ammonia InSite Technology to PAU's new ammonia plant complex located at Sulawesi, Indonesia. The revenues related to the project were booked into KBR’s Technology & Consulting Business segment’s backlog of unfilled orders in fourth-quarter 2017. […]

Stock Analysts

Allegheny (ATI) Forms 50-50 Joint Venture With Tsingshan

March 2, 2018 0

Allegheny Technologies Incorporated ATI and Tsingshan Group have formed the previously announced 50-50 joint venture (JV) to produce 60-inch wide stainless sheet products for the North American market. The JV will be a 50-50 equity investment with the partners sharing its cash flows and operating profit. Notably, sales of the JV will not be consolidated into Allegheny’s sales […]