Mergers & Acquisitions

BYU Broadcasting Doubles Down On BYUradio In Utah With Purchase Agreement Of A Local Radio Station

BYU Broadcasting Doubles Down On BYUradio In Utah With Purchase Agreement Of A Local Radio Station KUMT-FM to become the new on-air home for BYUradio in Utah while Classical 89 will continue as a classical music station PR Newswire PROVO, Utah, April 26, 2018 PROVO, Utah , April 26, 2018 /PRNewswire/ — BYU Broadcasting today announced it has entered into a purchase agreement for an FM radio station that will allow it to broadcast BYUradio over the air in Utah . The move also means that Classical 89/KBYU-FM, a much-loved classical music radio station, will remain on the air in Utah . This fall, in an effort to simplify and consolidate its operations, BYU Broadcasting announced plans to focus all of its efforts around the development of two broadcast properties, BYUtv and BYUradio. […]

Mergers & Acquisitions

Mesirow Financial Advises Pactech Packaging LLC On Its Sale To ProAmpac LLC, A Company Owned By PPC Partners

Mesirow Financial Advises Pactech Packaging LLC On Its Sale To ProAmpac LLC, A Company Owned By PPC Partners PR Newswire CHICAGO, April 26, 2018 CHICAGO , April 26, 2018 /PRNewswire/ — Mesirow Financial acted as the exclusive financial advisor to Pactech Packaging LLC (“Pactech” or the “Company”), on its sale to ProAmpac LLC (“ProAmpac”), a company owned by PPC Partners. Headquartered in Rochester, NY , Pactech is a leading provider of innovative, custom-engineered flexible packaging solutions. […]

Stock Analysts

Will Clorox (CLX) Retain Positive Earnings Trend in Q3?

The Clorox Company CLX is slated to report third-quarter fiscal 2018 results on May 2. The company has an impressive earnings history, having delivered a positive surprise in each of the past five quarters. However, the Zacks Consensus Estimate of $1.30 for the quarter under review moved south by a penny over the last 30 days and reflects a decline of 0.8% year over year. […]

Stock Analysts

Las Vegas Sands (LVS) Q1 Earnings Beat on Solid Macao Sales

Las Vegas Sands Corp. LVS delivered yet another impressive performance, with both earnings and revenues beating the Zacks Consensus Estimate for the fifth straight quarter. In first-quarter 2018, adjusted earnings per share of $1.04 surpassed the consensus mark of 86 cents by 20.9% and increased 57.6% year over year on higher revenues […]

Stock Analysts

AXIS Capital (AXS) Q1 Earnings Surpass on Higher Premiums

AXIS Capital Holdings Limited AXS reported first-quarter 2018 operating profit of $1.46 cents per share, surpassing the Zacks Consensus Estimate by 20.7%. The bottom line also skyrocketed 147.5% year over year. Axis Capital Holdings Limited Price, Consensus and EPS Surprise Axis Capital Holdings Limited Price, Consensus and EPS Surprise | Axis Capital Holdings Limited Quote Premiums improved substantially in the reported period. […]

Technicals

MGM Resorts (MGM) Q1 Earnings & Revenues Beat Estimates

MGM Resorts International MGM is one of the leading companies in the gaming and lodging industry. The company’s properties are well-diversified within United states and Macau, which is the only gambling destination in China. MGM Resorts’ earnings are benefitting from higher demand at its properties in Las Vegas on the back of improving employment rate trends and increasing tourism numbers in the region. […]