As of late, it has definitely been a great time to be an investor in FTD Companies, Inc. FTD . The stock has moved higher by 39.6% in the past month, while it is also above its 20 Day SMA too […]
TransDigm Group Incorporated TDG is a leading global designer, producer and supplier of highly engineered aircraft components that are used in in-service commercial and military aircraft. The company has an extensive portfolio of proprietary products, which boosts its competitive position. TransDigm is seeing some negative trends at present, like weaker defense aftermarket orders and soft business jet, helicopter and freighter revenues, which is hurting its prospects. […]
AbbVie Commences Self-Tender Offer for Up to $7.5 Billion of its Common Stock PR Newswire NORTH CHICAGO, Ill., May 1, 2018 NORTH CHICAGO, Ill. , May 1, 2018 /PRNewswire/ — AbbVie (NYSE: ABBV) announced today that it has commenced a modified “Dutch auction” tender offer to purchase for cash up to $7.5 billion of its common stock at a price not less than $99.00 per share and not more than $114.00 per share. AbbVie stockholders may tender all or a portion of their shares at a price specified by the tendering stockholder within this range […]
Addus HomeCare Completes Purchase Of Ambercare Transaction Elevates Addus to the Leading Provider of Both Personal Care and Hospices Services in the State of New Mexico PR Newswire FRISCO, Texas, May 1, 2018 FRISCO, Texas , May 1, 2018 /PRNewswire/ — Addus HomeCare Corporation (NASDAQ: ADUS), a provider of comprehensive home care services, today announced that it has completed the purchase of Ambercare Corporation, Inc., a provider of personal care, hospice and home health services, headquartered in Albuquerque , New Mexico. Ambercare currently serves approximately 2,600 consumers through 15 locations located across New Mexico and, for 2017, generated revenue of approximately $57 million . Addus funded the purchase price of $40.0 million (net of excess cash) through the delayed draw term loan portion of its credit facility […]
PLYMOUTH IND RE PLYM has been struggling lately, but the selling pressure may be coming to an end soon. That is because PLYM recently saw a Hammer Chart Pattern which can signal that the stock is nearing a bottom. What is a Hammer Chart Pattern […]
Rexford Industrial Acquires Two Industrial Properties For $21.5 Million; Sells One Property For $1.7 Million – One 100% Leased Property and One Value-Add Investment in Core Southern California Infill Submarkets – – 2018 Acquisition Volume Surpasses $107 Million – PR Newswire LOS ANGELES, May 1, 2018 LOS ANGELES , May 1, 2018 /PRNewswire/ — Rexford Industrial Realty, Inc. (the “Company” or “Rexford Industrial”) (NYSE: REXR), a real estate investment trust focused on owning and operating industrial properties located in Southern California infill markets, today announced the acquisition of two industrial properties for a total investment of $21.5 million , and the disposition of one property for approximately $1.7 million . […]
Blackbaud Acquires Market Leading Fundraising Performance Management Provider Reeher Acquisition will provide Blackbaud customers with unmatched benchmarking capabilities, driving more effective fundraising and greater social good outcomes for customers PR Newswire CHARLESTON, S.C., May 1, 2018 CHARLESTON, S.C. , May 1, 2018 /PRNewswire/ — Blackbaud, Inc. (NASDAQ: BLKB), the world’s leading cloud software company powering social good, today announced the acquisition of Reeher, the industry leader in fundraising performance management for higher education […]
A few gold mining companies are slated to report their quarterly numbers tomorrow. Per the Zacks Industry classification, the gold mining industry is grouped under the broader Basic Materials sector, which is among the Zacks sectors that are expected to record the strongest gains in Q1. […]
Maintaining its streak of positive earnings surprises, PerkinElmer Inc. PKI reported first-quarter 2018 adjusted earnings of 63 cents per share, beating the Zacks Consensus Estimate by 3.3%. Based in Waltham, MA, the leading MedTech company reported adjusted revenues of approximately $644 million, which beat the Zacks Consensus Estimate of $616 million. […]
The U.S. Medical Product industry has lately been a highly profitable investment space, courtesy of an ageing populace, changing market dynamics, robotic surgeries, big-data applications, upbeat consumer sentiment, abolition of medical-device taxes, R&D innovations and higher consolidation. Various reports claim that it is the largest Medical Device market in the world, raking in with over more than $180 billion in revenues […]
Global Payments Inc. GPN first-quarter earnings scheduled for May 3, 2018, should reflect revenue and earnings growth. The company has witnessed revenue growth for the past several quarters and the trend is expected to continue in the to-be-reported quarter, led by accretion from the merger with Heartland Payments, other alliances and joint ventures. […]
TE Connectivity Ltd. TEL recorded 10th consecutive earnings beat, as the company reported second-quarter fiscal 2018 adjusted earnings of $1.42 per share, beating the Zacks Consensus Estimate of $1.36. The figure also steered past the projected range of $1.33-$1.37 […]
Cigna Corp. ’s CI first-quarter results scheduled on May 3, 2018, should show strong performance across each of its priority growth platforms – Commercial employer, U.S. […]
V.F. Corporation VFC successfully completed its previously announced sale of the iconic Nautica brand to Authentic Brands Group, LLC, a leading brand-development and entertainment company based in New York. The terms of the deal remained under covers. […]
American International Group Inc. ’s AIG first-quarter 2018 results scheduled on May 2, are expected to witness flat to a slight decline in revenues due to its ongoing efforts in managing the overall business portfolio via reinsurance and divestitures. The company’s Life Insurance business should show progress, driven by a new modern administrative platform, distribution simplification efforts and narrowed product focus in the United States that should support strong top-line growth […]
Norwegian Cruise Line Holdings Ltd. NCLH is slated to release first-quarter 2018 results on May 2, before the market opens. […]
TheStreet, Inc. TST has been struggling lately, but the selling pressure may be coming to an end soon. […]
Pro Oil & Gas Services Combines with Elite Production Services PR Newswire HOUSTON, May 1, 2018 HOUSTON , May 1, 2018 /PRNewswire/ — Pro Oil & Gas Services, LLC (“Pro” or the “Company”) announced today that it has combined with Elite Production Services, LLC (“Elite”), a provider of flowback and well testing, torque and test and crane rental services in the Permian Basin, Eagle Ford and Haynesville. Concurrent with the closing of the Elite transaction, Pro acquired Whitetail Well Testing, LLC (“Whitetail”), a provider of flowback and well testing services in the Permian Basin. Elite and Whitetail will provide additional scale and diversity to Pro’s completion services operations, specifically in the Permian Basin with their established customer relationships and service expertise […]
Earnings Beat: Headquartered in London, BP p.l.c. BP reported first-quarter adjusted earnings of 78 cents per American Depositary Share (ADS) on a replacement cost basis. The bottom line surpassed the Zacks Consensus Estimate of 67 cents. […]
Boeing to Acquire Leading Aerospace Parts Distributor KLX Inc. to Enhance Services Business Growth Boeing will acquire KLX Inc. for $4.25 billion Positions Boeing to compete and win in $2.6 trillion, 10-year services market KLX Inc […]
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