Month: March 2018

Mergers & Acquisitions

Copper Mountain’s Acquisition of Altona Mining Receives Shareholder Approval

March 26, 2018 0

Copper Mountain’s Acquisition of Altona Mining Receives Shareholder Approval PR Newswire VANCOUVER, March 26, 2018 Web Site: www.CuMtn.com TSX: CMMC VANCOUVER , March 26, 2018 /PRNewswire/ – Copper Mountain Mining Corporation (TSX: CMMC) (“Copper Mountain”) is pleased to announce that shareholders of Copper Mountain and Altona Mining Limited (“Altona”) have respectively voted in favour of the share issuance resolution and the scheme of arrangement (“Scheme”), providing for the acquisition of Altona by Copper Mountain, at their special meetings of shareholders. “We are pleased to have received the support of shareholders from both companies. Altona’s assets include $30 million in cash, a permitted development project in Queensland, Australia and a large mineral land tenure position in the highly prospective area […]

Mergers & Acquisitions

Layne Christensen Comments On Letter From Cetus Capital

March 26, 2018 0

Layne Christensen Comments On Letter From Cetus Capital PR Newswire THE WOODLANDS, Texas, March 26, 2018 THE WOODLANDS, Texas , March 26, 2018 /PRNewswire/ — Layne Christensen Company, (NASDAQ: LAYN) (“Layne” or the “Company”), the largest water well drilling company in the United States and a leading provider of water infrastructure solutions, today commented on a recently filed letter by Cetus Capital, LLC (“Cetus”) relating to Layne’s pending merger with Granite Construction Incorporated (“Granite”). The Company welcomes constructive input from its stockholders with the common goal of maximizing stockholder value. However, the Layne Board of Directors (the “Board”) believes Cetus’ analysis results in inaccurate and misleading conclusions […]

Stock Analysts

Roche’s Tecentriq Combo Study Meets Co-Primary Endpoint

March 26, 2018 0

Roche Holding AG’s RHHBY subsidiary Genentech announced that a phase III study, evaluating a combination of its PD-L1 inhibitor Tecentriq (atezolizumab) and Avastin (bevacizumab) plus carboplatin and paclitaxel for first line treatment of advanced lung cancer met its co-primary endpoint of overall survival (OS). The IMpower150 study showed that the patients with advanced non-squamous non-small cell lung cancer (NSCLC) who were treated with the combination treatment lived longer compared with Avastin plus carboplatin and paclitaxel. The company plans to submit these additional data to global health authorities as well as to the FDA and the European Medicines Agency (EMA) soon. […]

Mergers & Acquisitions

ESW Capital Announces Acquisition of Mobilogy

March 26, 2018 0

ESW Capital Announces Acquisition of Mobilogy ESW to build on Mobilogy’s global market-leading position, create even more value for customers and institute an intense focus on Customer Success PR Newswire AUSTIN, Texas, March 26, 2018 AUSTIN, Texas , March 26, 2018 /PRNewswire/ — ESW Capital, LLC , today announced that it has acquired Mobilogy, a division of Cellebrite . Mobilogy offers best-in-class solutions to wireless operators, retailers, aftermarket service providers and enterprises, driving value across the entire mobile lifecycle. […]

Mergers & Acquisitions

Peak Rock Capital Affiliate Completes Investment in CloudNine and Acquisition of LexisNexis eDiscovery Product Suite

March 26, 2018 0

Peak Rock Capital Affiliate Completes Investment in CloudNine and Acquisition of LexisNexis eDiscovery Product Suite PR Newswire AUSTIN, Texas, March 26, 2018 AUSTIN, Texas , March 26, 2018 /PRNewswire/ — An affiliate of Peak Rock Capital (“Peak Rock”), a leading middle market private equity firm, announced today that it has made a significant investment in CloudNine (“CloudNine” or the “Company”), a leading provider of eDiscovery SaaS solutions. Peak Rock and CloudNine have also simultaneously acquired the eDiscovery business from LexisNexis, which includes the LAW PreDiscovery, Early Discovery Analyzer (EDA), and Concordance products as well as the development, sales, and services teams supporting them. […]

Mergers & Acquisitions

Palo Alto Networks Closes Acquisition of Evident.io

March 26, 2018 0

Palo Alto Networks Closes Acquisition of Evident.io PR Newswire SANTA CLARA, Calif., March 26, 2018 SANTA CLARA, Calif. , March 26, 2018 /PRNewswire/ — Palo Alto Networks (NYSE: PANW), the next-generation security company, announced today that it has completed its acquisition of Evident.io, a pioneer and leader in public cloud services infrastructure protection. For Palo Alto Networks, the transaction will extend its leadership in cloud security and create the only holistic cloud offering to address the critical security needs of today’s enterprise customers as they adopt the cloud […]

Stock Analysts

Here’s Why Paycom (PAYC) Stock Should Be in Your Portfolio

March 26, 2018 0

Paycom Software PAYC has been performing quite well since it reported impressive fourth-quarter 2017 results. The stock has gained 26.4% since the earnings release, substantially outperforming the 4.9% rally of the industry it belongs to. In the last reported quarter, the company’s non-GAAP earnings per share came in at 29 cents per share, which beat the Zacks Consensus Estimate of 23 cents […]

Stock Analysts

Should Value Investors Pick Cooper Tire & Rubber (CTB) Stock?

March 26, 2018 0

Value investing is easily one of the most popular ways to find great stocks in any market environment. After all, who wouldn’t want to find stocks that are either flying under the radar and are compelling buys, or offer up tantalizing discounts when compared to fair value? One way to find these companies is by looking at several key metrics and financial ratios, many of which are crucial in the value stock selection process […]

Stock Analysts

Apache (APA) Finds Oil at Garten Prospect in UK North Sea

March 26, 2018 0

Apache Corporation APA recently announced that it has made an oil discovery at its Garten prospect on Block 9/18a Area-W of the North Sea. The significant finding falls in the United Kingdom sector, near the Beryl Alpha Platform, where the independent energy company is focused for future potential. Discovery Details The Garten prospect encountered more than 700 feet of net oil pay in its reservoirs […]

Stock Analysts

Should Value Investors Consider Cummins (CMI) Stock Now?

March 26, 2018 0

Value investing is easily one of the most popular ways to find great stocks in any market environment. After all, who wouldn’t want to find stocks that are either flying under the radar and are compelling buys, or offer up tantalizing discounts when compared to fair value? One way to find these companies is by looking at several key metrics and financial ratios, many of which are crucial in the value stock selection process […]

Stock Analysts

Amgen’s Repatha Gains CHMP Nod to Include Outcomes Data

March 26, 2018 0

Biotech major Amgen Inc. AMGN announced that the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMA) has given a positive recommendation to its regulatory application seeking approval to include data from the cardiovascular outcomes study, FOURIER, on the European label of its PCSK9 inhibitor, Repatha. With the label expansion application, Amgen is looking to get Repatha approved to prevent heart attacks, strokes and coronary revascularizations in adults with established atherosclerotic cardiovascular disease in Europe. […]