Mergers & Acquisitions

Procurify Acquires VendorBase to Launch Procurify Exchange (PEx), a Free RFQ Solution That Helps Facilitate Buyer-Supplier Communication

Procurify Acquires VendorBase to Launch Procurify Exchange (PEx), a Free RFQ Solution That Helps Facilitate Buyer-Supplier Communication Procurify is reinventing the ways organizations spend. With PEx users can send, manage and approve quotes to vendors for free. PR Newswire VANCOUVER, British Columbia, March 29, 2018 VANCOUVER, British Columbia , March 29, 2018 /PRNewswire/ — Procurify announces the acquisition of VendorBase, an independent online buyer-supplier platform. […]

Mergers & Acquisitions

GBX Group LLC Acquires Silverlode Consulting

GBX Group LLC Acquires Silverlode Consulting PR Newswire CLEVELAND, March 29, 2018 CLEVELAND , March 29, 2018 /PRNewswire/ — GBX Group LLC (formerly global X), a leading real estate investment firm specializing in preserving historic real estate in urban markets, today announced it has acquired Silverlode Consulting, one of the nation’s top corporate site selection and economic development consulting firms. Silverlode Consulting will continue to operate under the same name. The company helps corporate clients that are contemplating new or expanded facilities make informed location decisions and navigate the complex landscape of economic incentive and public financing programs […]

Stock Analysts

Buy These 4 Efficient Stocks for Impressive Returns

Favorable efficiency level is expected to provide impressive returns as it is believed to be positively correlated with the company's price performance. Efficiency, which is the ability to transform inputs into outputs, is a potential indicator of a company’s financial health. […]

Stock Analysts

Apple Likely to Face Class-Action Lawsuit for iPhone Issue

Apple ’s AAPL revelation of software updates slowing iPhones with older batteries last December resulted in an uproar among its users. The Wall Street Journal (WSJ) recently reported that at least 59 separate lawsuits have been filed against Apple by around five dozen customers. Moreover, a legal meeting is scheduled today in Atlanta to possibly combine all the cases into one class-action lawsuit, adds WSJ […]

Stock Analysts

BioMarin’s MAA for Phenylketonuria Candidate Gains EU Nod

BioMarin Pharmaceutical Inc. ’s BMRN shares were up more than 2% after the company announced that its marketing authorization application (MAA) for its rare-disease candidate, pegvaliase, is accepted by the European Medicines Agency (EMA). The company seeks an approval for pegvaliase to lower blood phenylalanine (Phe) levels in adults with phenylketonuria (PKU), a rare genetic enzyme deficiency disorder causing uncontrolled blood Phe levels […]

Stock Analysts

Lazard or Waddell & Reed: Which is a Better Investment Pick?

Benefits from a stabilizing economy and gradually improving interest-rate scenario have positioned the investment management industry well. Investment managers are expected to benefit from a rising rate environment in the soon-to-be concluded quarter. Additionally, most investment managers have waived off the majority of their fees with the rates rising since 2016. […]

Stock Analysts

Brookfield’s GGP Bid Casts Shadow on Retail: 3 Stocks to Dump

Amid the challenges in the retail sector, the news of GGP Inc.’s GGP special committee unanimously recommending Brookfield Partners’ BPY buyout deal has been ruling the roost. The transaction, valued at $15.3 billion, will give Brookfield the remaining 64% ownership of the retail real estate investment trust (REIT). This will lead to the formation massive entity with nearly $90 billion in assets and more than $4 billion in annual net operating income […]

Stock Analysts

Should Value Investors Pick LCI Industries (LCII) Stock?

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

Deutsche Bank to Review Investment Bank, Might Cut Jobs

Deutsche Bank Aktiengesellschaft DB is organizing a thorough review of its major revenue contributing segment — Corporate & Investment Bank (“CIB”) — as its performance has been declining consistently over the past few years, impacted by low volatility and client activity levels. The review process is being conducted under the name of Project Colombo, per a Bloomberg article. […]

Stock Analysts

NVIDIA (NVDA) Collaborates With Adobe for Sensei AI Toolkit

NVIDIA Corporation NVDA continues to gain traction in Artificial Intelligence (AI) technology with the help of several partnerships. Most recently, the graphic chip maker partnered with Adobe Systems Incorporated ADBE as part of which its graphics processing units (GPUs) will power up the latter’s AI toolkit, Sensei. The partnership is anticipated to improve Adobe’s services for Creative and Experience Cloud customers and developers. […]

Stock Analysts

Accuray Radixact Picked by India’s Apollo for Cancer Treatment

Accuray Incorporated ARAY recently announced that it has signed an agreement with the Apollo Hospitals Group in Chennai and New Delhi, India, for the acquisition of two Radixact Systems — the company’s flagship radiotherapy device. This development is part of the company’s effort to fortify its position in the emerging market. […]

Stock Analysts

Is Horizon Global (HZN) a Great Stock for Value Investors?

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. […]