Stock Analysts

Alibaba’s Cainiao to Invest $1.5B in Logistics Business

Alibaba Group Holding Limited ’s BABA logistics affiliate Cainiao Network recently said that Alibaba's Cainiao joint venture (JV) plans to invest $1.5 billion to build a new logistics center at the Hong Kong International Airport. Per the deal, Cainiao Network will acquire a 51% stake in the joint venture, while others, namely China National Aviation Corp (Group) and courier YTO Express will each hold 35% and 14%, respectively. […]

Stock Analysts

Explore These 5 Momentum Stocks Using Driehaus Strategy

Investors who have the propensity to take higher risk can think of investing in momentum stocks to boost their gains. In this respect, the Driehaus strategy can be used to choose the best momentum stocks using the “buy high and sell higher" theory. Eventually, Richard Herman Driehaus earned his place in Barron’s All-Century Team following the success of this investment strategy […]

Stock Analysts

Mack-Cali’s (CLI) Revamped Office Property Now 100% Occupied

Mack-Cali Realty Corporation CLI recently announced that it has signed a long-term lease with Plymouth Rock — a leading provider of personal and commercial automotive insurance — for 130,000 square feet of space at the company’s Class A office complex, 581 Main Street Woodbridge, NJ. This lease has enabled the company to achieve full occupancy. […]

Mergers & Acquisitions

Herman Miller Acquires an Interest in HAY

Herman Miller Acquires an Interest in HAY – Extends Herman Miller’s global reach and expands offering of furnishings and accessories – HAY’s goods available in the coming year through Herman Miller’s Design Within Reach channels – Expected to be accretive to earnings per share in fiscal 2019 PR Newswire ZEELAND, Mich., June 7, 2018 ZEELAND, Mich. , June 7, 2018 /PRNewswire/ — Herman Miller, Inc. (NASDAQ: MLHR), the global designer and furniture manufacturer, announced today it acquired a 33 percent equity interest in Nine United Denmark A/S (HAY) for $66 million . […]

Mergers & Acquisitions

Cobalt Power Group announces closing of the acquisition of the Ontario Cobalt block in Cobalt mining camp, Ontario

Cobalt Power Group announces closing of the acquisition of the Ontario Cobalt block in Cobalt mining camp, Ontario PR Newswire TORONTO, June 7, 2018 TSX.V: CPO, Pink Sheets: CBBWF TORONTO , June 7, 2018 /PRNewswire/ – Cobalt Power Group Inc. (“Cobalt Power” or the “Company”) (TSX.V: CPO, OTC Pink: CBBWF) is pleased to announce the Company’s closing of the recently acquired Ontario Cobalt block (press release Feb 13, 2018 ) which increases Cobalt Power’s landholdings by approximately 25% to over 11,680 ha (28,862 acres). This acquisition positions Cobalt Power as one of the largest landowners in the Cobalt and Silver Center camps of Ontario . […]

Mergers & Acquisitions

Bio-Techne To Acquire Quad Technologies

Bio-Techne To Acquire Quad Technologies PR Newswire MINNEAPOLIS, June 7, 2018 MINNEAPOLIS , June 7, 2018 /PRNewswire/ — Bio-Techne Corporation (NASDAQ: TECH) announced today it has reached agreement to acquire all of the stock of QT Holdings Corporation d/b/a Quad Technologies. The transaction is expected to close in early July and to be financed through available cash on hand. “We are extremely excited to welcome Quad Technologies and its line of advanced reagents to Bio-Techne,” commented Charles R. […]

Mergers & Acquisitions

Culmen International Acquires Analytic Strategies (dba PlanetRisk Federal Services)

Culmen International Acquires Analytic Strategies (dba PlanetRisk Federal Services) Culmen continues on rapid growth trajectory and expanding business operations PR Newswire WASHINGTON, June 7, 2018 WASHINGTON , June 7, 2018 /PRNewswire/ — Culmen International, LLC, a premier provider of technical, management and logistics services worldwide, announced today that it has acquired Tysons Corner-based Analytic Strategies (dba PlanetRisk Federal Services – PRFS). The business will operate under the Culmen International brand and will have a combined strength of over 200 employees worldwide with a significantly expanded suite of capabilities. “With this acquisition, we will continue our focus on mission-critical support services with specialized expertise and technology capabilities you won’t find from other solutions firms of our size in the federal market,” said Dan Berkon , founder and CEO of Culmen […]

Stock Analysts

Guidewire Looks Bright Post Q3 Earnings: Should You Hold?

A successful investor understands the importance of retaining well-performing stocks in the portfolio at the right time. Indicators of a stock's bullish run include a rise in share price and strong fundamentals. Though there may be some concerns regarding the stock but they are transitory in nature […]

Mergers & Acquisitions

/R E P E A T — HyperBlock and CryptoGlobal Provide Market Update/

/R E P E A T — HyperBlock and CryptoGlobal Provide Market Update/ Canada NewsWire TORONTO, June 5, 2018 CryptoGlobal ( TSXV: CPTO) Trading to Resume June 7, 2018 Merger to Create Diversified North American Leader Complete Crypto Ecosystem TORONTO , June 5, 2018 /CNW/ – As the proposed merger of CryptoGlobal (TSXV: CPTO) with HyperBlock Technologies Corp. (“HyperBlock”) moves ahead, both companies are pleased to provide an operational update. On May 31 , CryptoGlobal and HyperBlock mailed a Joint Management Information Circular (the “Circular”) to shareholders […]

Mergers & Acquisitions

Coco Paving Inc., A Division of the Coco Group Announces a New Acquisition

Coco Paving Inc., A Division of the Coco Group Announces a New Acquisition PR Newswire TORONTO, June 7, 2018 TORONTO , June 7, 2018 /PRNewswire/ – As of June 1 st , 2018, the Coco Group proudly announces the acquisition of Cruickshank Group, including Cruickshank Construction Limited, Greyleith Limited, High Road Maintenance Inc., and Cruickshank Properties Corp. The newly acquired entity provides an additional compliment of over 700 highly qualified employees’, strengthening Coco Group’s position in Eastern Ontario . This allows us to better service our customers in heavy civil construction and asphalt paving projects and by providing quality aggregate materials from 19 licensed pits and quarries and performing area maintenance contracts, clearing more than 1,000 kilometres of roadway every winter. […]

Technicals

Moving Average Crossover Alert: AMC Networks Inc. (AMCX)

AMC Networks Inc. AMCX is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for AMCX broke out above the 200 Day Simple Moving Average, suggesting a short-term bullish trend […]