Month: June 2018

Stock Analysts

Sealed Air Teams Up With Kuraray for Plantic Food Packaging

June 6, 2018 0

Sealed Air Corporation SEE recently entered into an agreement with Kuraray America, Inc. (“Kuraray”) — a Japanese chemical company — to provide renewable packaging option in the United States, Canada and Mexico by utilizing Plantic bio-based resins. This deal will assist Sealed Air to enhance its portfolio of sustainable solutions and benefit consumers, retailers and processors by addressing food waste by extending the shelf-life and maintaining freshness of food […]

Stock Analysts

Ambarella (AMBA) Q1 Earnings & Revenues Fall Y/Y, View Soft

June 6, 2018 0

Ambarella Inc. AMBA reported mixed results for first-quarter fiscal 2019, wherein earnings surpassed the Zacks Consensus Estimate, but revenues marginally fell short of the same. Moreover, on a year-over-year basis, its top- and bottom-line results registered declines mainly due to a substantial decline in chip sales to GoPro Inc. […]

Stock Analysts

NextEra (NEE) Unit to Buy City of Vero Beach Electric System

June 6, 2018 0

NextEra Energy ’s NEE subsidiary, Florida Power & Light Company (“FPL”) received an approval from The Florida Public Service Commission to buy the City of Vero Beach's electric utility system. This transaction is expected to be completed within Oct 1 and increase the existing customer base of FPL by 35,000. This purchase will be immediately beneficial for the existing City of Vero Beach utility customers. […]

Mergers & Acquisitions

delivery.com acquires foodjunky’s business operations

June 6, 2018 0

delivery.com acquires foodjunky’s business operations Industry leader in on-demand ordering expands its corporate client roster and footprint PR Newswire NEW YORK, June 6, 2018 NEW YORK , June 6, 2018 /PRNewswire/ — delivery.com, a leading destination for online ordering and on-demand delivery, is expanding its corporate food ordering customer and merchant base with the acquisition of foodjunky’s business operations, an early innovator in the corporate and group ordering space. foodjunky customers will have an easy transition to delivery.com Office, delivery.com’s robust offering for businesses, which will allow foodjunky’s existing corporate clients and customers to place large and small group orders directly on the delivery.com platform. delivery.com currently serves over two million customers and a growing roster of corporate clients who order from over 12,000 merchants every day. […]

Mergers & Acquisitions

Rivetz Acquires DISC to Add Mobile Payments Platform and Enable Blockchain-Secured Smart Money

June 6, 2018 0

Rivetz Acquires DISC to Add Mobile Payments Platform and Enable Blockchain-Secured Smart Money PR Newswire RICHMOND, Mass., June 6, 2018 RICHMOND, Mass. , June 6, 2018 /PRNewswire/ — Rivetz , the leading decentralized mobile security solutions provider, today announced it acquired DISC Holdings Ltd., a developer of secure mobile blockchain-based payment applications. […]

Technicals

RMP or SM: Which Is the Better Value Stock Right Now?

June 6, 2018 0

Investors with an interest in Oil and Gas – Exploration and Production – United States stocks have likely encountered both Rice Midstream Partners (RMP) and SM Energy (SM). But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look […]

Technicals

Why Cabot (CBT) Stock Might be a Great Pick

June 6, 2018 0

One stock that might be an intriguing choice for investors right now is Cabot Corporation CBT . This is because this security in the Chemical – Diversified space is seeing solid earnings estimate revision activity and is in great company from a Zacks Industry Rank perspective. […]

Technicals

Nektar Therapeutics (NKTR) Jumps: Stock Rises 6.5%

June 6, 2018 0

Nektar Therapeutics NKTR was a big mover last session, as the company saw its shares rise nearly 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company as the stock is now down 29% in the past one-month time frame. […]

Mergers & Acquisitions

Abry Partners Acquires Screenvision Media

June 6, 2018 0

Abry Partners Acquires Screenvision Media Company Has Achieved Record Growth Three Years In A Row and Is Poised for Future Expansion PR Newswire NEW YORK, June 6, 2018 NEW YORK , June 6, 2018 /PRNewswire/ — Screenvision Media, a national leader in cinema media and advertising, today announced that it has signed a definitive agreement whereby Abry Partners, a leading media-focused private equity firm, will acquire a controlling stake in the company. As part of the agreement, the company’s existing owners, Shamrock Capital and AMC Entertainment, will maintain minority stakes. […]

Mergers & Acquisitions

Connecticut Water Service Affirms Commitment to Robust Go-Shop Process with Level Playing Field for All Participants

June 6, 2018 0

Connecticut Water Service Affirms Commitment to Robust Go-Shop Process with Level Playing Field for All Participants Reiterates Invitation for Eversource to Participate in Process on Same Terms as All Other Parties PR Newswire CLINTON, Conn., June 6, 2018 CLINTON, Conn. , June 6, 2018 /PRNewswire/ — Connecticut Water Service, Inc. (NASDAQ: CTWS) today issued the following statement: We reiterate our invitation for Eversource to participate in the fair and open go-shop process that has been initiated by Connecticut Water and cease its pattern of seriously false statements that seem designed to interfere unfairly with the ability of Connecticut Water shareholders to receive the best possible transaction. […]

Stock Analysts

Buy 5 Low-Beta Stocks to Counter Global Trade War Conflicts

June 6, 2018 0

Trade related conflicts, which commenced in March due to President Trump’s imposition of tariffs on imported steel and aluminum, are showing no signs of subsiding. Investors’ apprehensions regarding an impending global trade war have kept the market on edge resulting in severe volatility for the last three months. […]