Beacon Roofing Supply BECN has been struggling lately, but the selling pressure may be coming to an end soon. That is because BECN recently saw a Hammer Chart Pattern which can signal that the stock is nearing a bottom. What is a Hammer Chart Pattern? […]
Motorola Solutions Completes Acquisition of Avigilon PR Newswire VANCOUVER, CANADA, March 28, 2018 VANCOUVER, CANADA , March 28, 2018 /PRNewswire/ – Avigilon Corporation (” Avigilon “) (TSX: AVO) announced today that Motorola Solutions, Inc. (NYSE: MSI) has completed the previously announced acquisition of all issued and outstanding common shares of Avigilon. […]
American Midstream Announces Southcross Unitholder Approval of Merger PR Newswire HOUSTON, March 28, 2018 HOUSTON , March 28, 2018 /PRNewswire/ — American Midstream Partners, LP (NYSE: AMID) (“American Midstream” or the “Partnership”) announced that on March 27, 2018 , a majority of the Southcross Energy Partners, L.P. (“Southcross”) unitholders voted to approve the previously announced proposed merger with American Midstream. During a special meeting, unitholders voted on merger-related proposals, which included the merger and a non-binding advisory vote on merger compensation […]
The coal stocks had a stretch where they came out from underground and had their day in the sun. Lately, that hasn’t been the case as these stocks have come under pressure. Today’s Bear of the Day is a stock in that industry which has struggled to produce earnings growth […]
DataTracks Announces Global Market Leadership With its 12,000th iXBRL Customer PR Newswire NEW YORK, March 28, 2018 NEW YORK , March 28, 2018 /PRNewswire/ — DataTracks today announced an impressive milestone with the acquisition of their 12,000th customer. With a growing suite of software and services, DataTracks is at the forefront of modern financial reporting, delivering Inline XBRL (iXBRL) reports across the world. The DataTracks suite of products includes: Disclosure Management Solution that generates EDGAR and iXBRL reports for filing with the SEC in the United States i XBRL software for filing with tax and corporate regulators in the UK, Ireland and South Africa DPM (Data Point Model) based software for insurance companies under Solvency II regulation and for banks under CRD IV regulation SBR (Standard Business Reporting) software for filing with various regulators in Netherlands and basic XBRL products for other regions ” iXBRL is an important evolution in how our customers share information with their ecosystem of regulators and key stakeholders. […]
GB Sciences Signs Letter of Intent to Acquire NevadaPURE’s Las Vegas Operations: Gaining $16 Million in Annualized Revenues PR Newswire LAS VEGAS, March 28, 2018 The deal positions GB Sciences as a truly vertically integrated company in the Las Vegas, Nevada , cannabis market: – Cultivation license increases growing capacity – Production license expands proprietary product line to edibles, oils and vapes – Dispensary license creates higher profit margins allowing the company to sell finished products directly to the retail consumer LAS VEGAS , March 28, 2018 /PRNewswire/ — GB Sciences, Inc. (OTCQB: GBLX) is extremely pleased to announce it has signed a letter of intent to purchase 100% of the ownership interests of NevadaPURE’s Las Vegas operation for $28 million in cash and the assumption of approximately $5 million of outstanding liabilities. The purchase is contingent on the completion of due diligence within approximately 30 days, negotiation of a final purchase agreement and regulatory approval. […]
Billabong Shareholders Approve Boardriders Acquisition PR Newswire HUNTINGTON BEACH, Calif., March 28, 2018 HUNTINGTON BEACH, Calif. , March 28, 2018 /PRNewswire/ — Boardriders, Inc., a global action sports and lifestyle company that owns and operates Quiksilver, Roxy, and DC Shoes brands, announced today that the shareholders of Billabong International Limited (ASX:BBG) have approved Boardriders’ proposed acquisition of Billabong. Boardriders Chief Executive Officer Dave Tanner said: “We believe that this transaction represents the best value for all stakeholders – shareholders, employees, vendors and customers. […]
Abercrombie & Fitch Company ANF is progressing well on its growth path, driven by strategic capital investments, cost-saving efforts along with loyalty and marketing programs. Further, its robust surprise trend, strength in Hollister, return to positive comps trend and strong direct-to-consumer (DTC) business are aiding performance. […]
It was a week where oil rebounded to levels not seen since January but natural gas futures settled down further. On the news front, European supermajor Royal Dutch Shell plc RDS.A sold its entire stake in Iraq’s West Qurna 1 oilfield to a Japanese firm for $406 million, while independent explorer Apache Corp. […]
General Mills Announces Pricing of Public Offering of Common Stock in Connection with Pending Acquisition of Blue Buffalo Pet Products PR Newswire MINNEAPOLIS, March 27, 2018 MINNEAPOLIS , March 27, 2018 /PRNewswire/ — General Mills, Inc. (NYSE: GIS) (“General Mills”) announced today that it has priced an underwritten public offering (the “Equity Offering”) of 22,727,273 shares of its common stock, par value $0.10 per share (“Common Stock”), at a public offering price of $44.00 per share. […]
Liberty Health Sciences Expands National Footprint with Controlling Interest in Massachusetts-based Cultivation and Dispensary Operation PR Newswire TORONTO, March 27, 2018 Liberty agrees to acquire 75% ownership of William Noyes Webster Foundation Inc. TORONTO , March 27, 2018 /PRNewswire/ – Liberty Health Sciences Inc. ( CSE: LHS or US OTCQX: LHSIF) (the ” Company ” or ” Liberty “) is pleased to announce it has agreed to acquire a 75% ownership interest (the ” Transaction “) in Massachusetts -based William Noyes Webster Foundation, Inc., (” WNWF ” or ” the Foundation “) for US$16 million , pursuant to a binding term sheet […]
On Mar 26, we issued an updated research report on Badger Meter, Inc. BMI . This provider of control and communications solutions, and flow measurement is expected to gain from the rising demand of E-Series meters, the focus on acquisition and impact of the U.S. […]
Investors have seemingly enjoyed generous profits during the extended post-election stock rally. However, last week’s turmoil is a reminder that the market is fraught with risks and seems uncertain as ever. Rising interest rates, rapid technological change and the possibility of a trade war has made investors jittery in recent times. […]
Hydro One and Avista file a Settlement Agreement in Washington Merger Case PR Newswire TORONTO and SPOKANE, WA, March 27, 2018 TORONTO and SPOKANE, WA , March 27, 2018 /PRNewswire/ – Hydro One Limited (“Hydro One”) (TSX: H) and Avista Corporation (“Avista”) (NYSE: AVA) today announced the achievement of an important milestone in the regulatory approval process of their proposed merger. The companies have filed an all-parties, all-issues settlement agreement in the merger proceeding before the Washington Utilities and Transportation Commission (the “Commission”). This represents a full settlement which all parties, including Commission Staff, have agreed is in the public interest and should be accepted by the Commission […]
CannaRoyalty Announces Merger with RVR – a Licensed California Cannabis Operator – to Create Leading Cannabis Distributor in California PR Newswire OTTAWA, March 27, 2018 Acquisition of RVR and operational consolidation with Alta Supply (closed today) will give CannaRoyalty reach into vast majority of licensed California dispensaries and access to top cannabis consumer brands and products in California Distribution is a vital segment of the highly regulated California cannabis industry: all licensed dispensaries in California are required to source products exclusively through licensed distributors, and distributors act as gatekeepers, with responsibility for product testing and safety as well as state tax collection RVR generated US$25.4 million in revenue in fiscal 2017 (1) . Combined with Alta Supply, CannaRoyalty-related distributors generated US$31.9 million in combined fiscal 2017 revenue (1) OTTAWA , March 27, 2018 /PRNewswire/ – CannaRoyalty Corp. […]
CannaRoyalty Announces Closing of Kaya and Alta Supply Acquisitions PR Newswire OTTAWA, March 27, 2018 Licensed California businesses generated approximately US$11.5 million (1) in consolidated revenue in fiscal 2017 OTTAWA , March 27, 2018 /PRNewswire/ – CannaRoyalty Corp. (CSE: CRZ) (OTCQX: CNNRF) (” CannaRoyalty ” or the ” Company “) announced today that it has closed the previously announced acquisitions of Kaya Management Inc. (” Kaya “) and Alta Supply Inc. […]
National Response Corporation Announces the Acquisition of Cleanline Waste Water Solutions Ltd. PR Newswire NEW YORK, March 27, 2018 NEW YORK , March 27, 2018 /PRNewswire/ — National Response Corporation (“NRC”), a portfolio company of an investment affiliate of J.F. […]
Mesirow Financial Advises Thoro Packaging Inc. On Its Sale To Autajon Group PR Newswire CHICAGO, March 27, 2018 CHICAGO , March 27, 2018 /PRNewswire/ — Mesirow Financial acted as the exclusive financial advisor to Thoro Packaging Inc. (“Thoro Packaging” or the “Company”), on its sale to Autajon Group (“Autajon”). […]
ProAssurance Corporation PRA has been recently witnessing downward revisions. The stock has seen the Zacks Consensus Estimate for 2018 earnings being revised 11% downward. […]
FleetPride Acquires Hardy Brake & Electric of Evansville, Indiana PR Newswire IRVING, Texas, March 27, 2018 IRVING, Texas , March 27, 2018 /PRNewswire/ — FleetPride, Inc. announced today that it has acquired the assets of Hardy Brake & Electric, based in Evansville, Indiana with a second location in Owensboro, Kentucky . Founded in 1950 by Alfred and Aline Hardy , the company was later sold to their daughter Sandra and her husband Bob Kerney […]
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