Mergers & Acquisitions

Lexicon Relocation Acquires UK-Based Sterling Mobility

Lexicon Relocation Acquires UK-Based Sterling Mobility Mutually-beneficial acquisition expands global footprint and customer service offering in the global mobility space PR Newswire JACKSONVILLE, Fla., April 25, 2018 JACKSONVILLE, Fla. , April 25, 2018 /PRNewswire/ — Lexicon Relocation, a wholly-owned subsidiary of The Suddath Companies, is pleased to announce that it has acquired U.K.-based Sterling Mobility. […]

Mergers & Acquisitions

Merger Strengthens Mental Health Care Services

Merger Strengthens Mental Health Care Services PR Newswire DEDHAM, Mass., April 25, 2018 DEDHAM, Mass. , April 25, 2018 /PRNewswire-USNewswire/ — Screening for Mental Health, a national non-profit that provides screenings and educational resources for mental health disorders announced that on May 1 , it will officially merge with Riverside Community Care, a behavioral healthcare and human services organization. Riverside’s deep roots in community mental healthcare combined with SMH’s innovative use of technology to educate and connect people to services promises to create a powerfully effective and comprehensive new approach to diagnosis and treatment of those with mental illness in Massachusetts and beyond […]

Stock Analysts

Chemical Stock Earnings Slated on Apr 26: APD, EMN & More

A few prominent chemical companies are scheduled to report their quarterly numbers on Apr 26. The chemical industry is riding high on an upturn in the world economy and continued strength across major end-use markets such as construction, automotive and electronics. Another positive for the industry is a recovery in demand in the energy space – a key chemical end-market that had been out of favor for a spell […]

Stock Analysts

Whiting Petroleum (WLL) Q1 Earnings: What’s in the Offing?

Domestic oil and gas explorer Whiting Petroleum Corporation WLL is scheduled to report its first-quarter earnings on Monday, Apr 30, after market close. The current Zacks Consensus Estimate for the quarter under review is a profit of 22 cents on revenues of $473.2 million. In the preceding three-month period, the company beat the consensus mark by 46.9% on robust output and prices. […]

Momentum Stocks

Bear of the Day: QAD Inc. (QADA)

Investors are rightfully willing to pay premiums for stocks with explosive earnings growth, but in uncertainty market conditions, it is best to avoid growth stocks with sluggish analyst revision activity and inflated valuations. One such company is QAD Inc. […]

Mergers & Acquisitions

Generational Capital Markets Advises Discount Drainage Supplies in Sale to Foundation Investment Partners

Generational Capital Markets Advises Discount Drainage Supplies in Sale to Foundation Investment Partners PR Newswire DALLAS, April 25, 2018 DALLAS , April 25, 2018 /PRNewswire/ — Generational Capital Markets, Inc. , Member FINRA/SIPC and a leading mergers and acquisitions advisor for privately-held businesses, is pleased to announce the assets of its client, Discount Drainage Supplies, have been acquired by Foundation Investment Partners. […]

Mergers & Acquisitions

WeissLaw LLP Investigates Vectren Corporation Acquisition

WeissLaw LLP Investigates Vectren Corporation Acquisition PR Newswire NEW YORK, April 24, 2018 NEW YORK , April 24, 2018 /PRNewswire/ — WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Vectren Corporation (“VVC” or the “Company”) (NYSE: VVC) in connection with the proposed acquisition of the Company by CenterPoint Energy, Inc. (“CNP”) (NYSE: CNP). Under the terms of the acquisition agreement, the Company’s shareholders will receive $72.00 in cash for each VVC share they own […]

Mergers & Acquisitions

WeissLaw LLP Investigates RSP Permian, Inc. Acquisition

WeissLaw LLP Investigates RSP Permian, Inc. Acquisition PR Newswire NEW YORK, April 24, 2018 NEW YORK , April 24, 2018 /PRNewswire/ — WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of RSP Permian, Inc. (“RSPP” or the “Company”) (NYSE: RSPP) in connection with the proposed acquisition of the Company by Concho Resources Inc. […]

Mergers & Acquisitions

Standard Media Group LLC acquires 9 television stations from Sinclair Broadcast Group, Inc.

Standard Media Group LLC acquires 9 television stations from Sinclair Broadcast Group, Inc. PR Newswire NEW YORK, April 24, 2018 NEW YORK , April 24, 2018 /PRNewswire/ — Standard Media Group LLC (“Standard Media”), an affiliate of Standard General L.P. (together with its affiliates, “Standard General”), announced today that it has entered into a definitive agreement with Sinclair Broadcast Group, Inc […]

Stock Analysts

Q1 Earnings After the Bell: TXN, WYNN, IRBT & HA

Following a topsy-turvy day of regular trading this Tuesday — which saw a nearly 700-point swing in the Dow, from up triple digits early in the day to more than 400 points down at the close — we see another slew of Q1 earnings results from prominent companies in each of their various industries. Results have been uniformly positive thus far; hopefully these will help carry forth into a positive trading day Wednesday. Zacks Rank #2 (Buy)-rated Texas Instrument TXN easily outperformed expectations on its top and bottom lines, posting $1.35 per share in the quarter on $3.79 billion in sales, up from the $1.11 per share and $3.65 billion expected, respectively. […]

Mergers & Acquisitions

Meredith Adds To Local Media Group With Acquisition Of KPLR-TV St. Louis

Meredith Adds To Local Media Group With Acquisition Of KPLR-TV St. Louis Acquisition in the Nation’s 21st-Largest Market Will Create a 6th Duopoly for Meredith PR Newswire DES MOINES, Iowa, April 24, 2018 DES MOINES, Iowa , April 24, 2018 /PRNewswire/ — Meredith Corporation (NYSE:MDP; www.meredith.com ), one of America’s leading media and marketing companies, today announced a definitive agreement to purchase KPLR-TV, the CW affiliate in the St. […]

Mergers & Acquisitions

Palo Alto Networks Closes Acquisition of Secdo

Palo Alto Networks Closes Acquisition of Secdo PR Newswire SANTA CLARA, Calif., April 24, 2018 SANTA CLARA, Calif. , April 24, 2018 /PRNewswire/ — Palo Alto Networks (NYSE: PANW), the global cybersecurity leader, announced today that it has completed its acquisition of Israel -based Secdo. For Palo Alto Networks, the transaction brings sophisticated endpoint detection and response, or EDR, capabilities – including unique data collection and visualization – to Palo Alto Networks Traps™ advanced endpoint protection and the Application Framework in order to enhance their ability to rapidly detect and stop even the stealthiest attacks. […]