Month: May 2018

Mergers & Acquisitions

Maverix Metals to Acquire Significant Royalty Portfolio Through Strategic Partnership with Newmont

May 29, 2018 0

Maverix Metals to Acquire Significant Royalty Portfolio Through Strategic Partnership with Newmont Canada NewsWire VANCOUVER, May 29, 2018 ACQUISITION TRIPLES THE NUMBER OF ROYALTIES IN MAVERIX’S PORTFOLIO VANCOUVER , May 29, 2018 /CNW/ – Maverix Metals Inc. (the ” Company ” or ” Maverix “) (TSX-V: MMX, OTC: MACIF) is pleased to announce it has entered into a Purchase and Sale Agreement (the ” Agreement “) to acquire a significant portfolio of 54 royalties (the ” Royalty Portfolio “) from Newmont Mining Corporation and its affiliates (collectively, ” Newmont “). As consideration for the Royalty Portfolio, Maverix will issue to Newmont a total of 60,000,000 common shares (the ” Common Shares “), 10,000,000 common share purchase warrants (the ” Warrants “), and make a cash payment of US$17,000,000 upon closing of the transaction (the ” Transaction “). […]

Technicals

American Equity Rallies 40% in a Year: What Aids the Stock?

May 29, 2018 0

American Equity Investment Life Holding Company ’s AEL share price rally makes the stock an investor favorite. Shares of the company have soared nearly 41.9% in a year, outperforming its industry 's rise of just 1.8%. With a market capitalization of $3.2 billion, average volume of shares traded in the last three months were 0.6 million. […]

Technicals

4 Reasons Why You Must Add NRG Energy to Your Portfolio

May 29, 2018 0

Estimates for NRG Energy, Inc NRG ) have been revised upward over the past 90 days, reflecting analysts’ confidence in the company’s operational efficiency. The Zacks Consensus Estimate for 2018 and 2019 earnings have moved up 96% and 92% to $3.29 and $3.62, respectively. Shares of NRG Energy have surged 109.7% in the last 12 months versus the Utility – Electric Power industry ’s decline of 5.6% […]

Mergers & Acquisitions

Tequity’s Client, TGO Consulting, has been Acquired in a Strategic Transaction by SHEA Solutions

May 29, 2018 0

Tequity’s Client, TGO Consulting, has been Acquired in a Strategic Transaction by SHEA Solutions PR Newswire TORONTO, May 29, 2018 TORONTO , May 29, 2018 /PRNewswire/ — Tequity’s client, TGO Consulting, has been acquired in a strategic transaction by SHEA Solutions Inc., a leading expert in business optimization. Tequity acted as the exclusive financial advisor to TGO Consulting. SHEA Solutions Inc […]

Stock Analysts

ARRIS to Gain From Diversified Product Offerings, Risks Stay

May 29, 2018 0

On May 29, we issued an updated research report on ARRIS International plc ARRS . The company is focused on driving its profitability by diversifying into higher-margin products, expanding internationally and broadening capabilities to deliver innovative services to address the explosive demand for bandwidth capacity. […]

Stock Analysts

Can Robust Sales Aid Kirkland’s (KIRK) This Earnings Season?

May 29, 2018 0

Kirkland's, Inc KIRK is slated to report first-quarter fiscal 2018 results on May 31, before the market opens. This retailer of home decor products has been benefiting from impressive top-line performance, buoyed by efforts to enhance merchandise assortments, develop e-commerce business and increase store counts. On the flip side, higher operating expenses combined with promotional costs have been a drag. […]

Mergers & Acquisitions

Hyper-Growth B2B Software-as-a-Service Consultancy SaaScend acquires Dashtab

May 29, 2018 0

Hyper-Growth B2B Software-as-a-Service Consultancy SaaScend acquires Dashtab B2B Technical marketing company SaaScend purchases Salesforce acceleration platform from Bitmatica PR Newswire SAN FRANCISCO, May 29, 2018 SAN FRANCISCO , May 29, 2018 /PRNewswire/ — SaaScend , a demand generation and Salesforce consultancy for the B2B and hyper-growth technology markets, today announced its acquisition of Dashtab, an inside sales workflow acceleration and lead management platform. Learn how Dashtab can help your SDR workflow at www.saascend.com/dashtab . […]

Mergers & Acquisitions

Uniting Forces to Better Equip Medical Professionals – PetalMD Acquires Xacte

May 29, 2018 0

Uniting Forces to Better Equip Medical Professionals – PetalMD Acquires Xacte Canada NewsWire QUEBEC, May 29, 2018 QUEBEC , May 29, 2018 /CNW Telbec/ – PetalMD, a Canadian digital health leader, pursues its growth by enlarging its services through the acquisition of Xacte, a Quebec -based enterprise specializing in web solutions for medical billing. Thus, PetalMD adds a Web billing software to its portfolio, this software is recognized as being one of the most efficient and highly esteemed products in the Quebec market. Through this partnership, PetalMD will account for nearly 70 employees all working toward the common goals of: simplifying the day-to-day life of physicians, supporting greater accessibility to services, improving our health system’s efficiency, and elevating the standards for patient care […]

Stock Analysts

Will Wall Street See Earnings Beat From COST, BURL & DG?

May 29, 2018 0

While earnings season has come to an end for most of the sectors, the show is still on for the Retail-Wholesale sector, which occupies the top 44% (7 out of 16) position in the list of Zacks sectors. The sector has advanced roughly 9% in the past six months, comfortably outpacing the S&P 500’s growth of 3%. Per the latest Earnings Preview , approximately 90% of retailers in the S&P 500 index have already reported quarterly results […]

Stock Analysts

4 Homebuilders to Buy Despite Higher Prices & Mortgage Rates

May 29, 2018 0

Homebuilders are currently well placed, belonging to a top-ranked Zacks Industry ( top 14% ), suggesting that rising home prices and mortgage rates were unable to take the sheen away from the sector in the key spring selling season. Home Prices According to the Zillow Real Estate Market Report, median home values rose 8.7% in April from the same month last year, representing their fastest pace of increase in 12 years. […]