Technicals

Moving Average Crossover Alert: American Equity Investment Life Holding

American Equity Investment Life Holding Company AEL 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 AEL broke out above the 200 Day Simple Moving Average, suggesting a short-term bullish trend. This has already started to take place, as the stock has moved higher by 0.3% in the past four weeks. […]

Mergers & Acquisitions

Riverside Partners’ Portfolio Company, Calero Software, Acquires United Kingdom-Based Veropath

Riverside Partners’ Portfolio Company, Calero Software, Acquires United Kingdom-Based Veropath PR Newswire BOSTON, June 6, 2018 BOSTON , June 6, 2018 /PRNewswire/ — Riverside Partners, a Boston -based private equity firm, announced today that its portfolio company, Calero Software, LLC (“Calero” or the “Company”), a leading provider of Communications and Cloud Lifecycle Management (CLM) software and managed services, including Telecom Expense Management (TEM), Managed Mobility Services (MMS) and Usage Management, has acquired Veropath Ltd. Headquartered in Edinburgh, Scotland , Veropath is a leading provider of TEM solutions throughout the U.K. and Europe. […]

Mergers & Acquisitions

VR Business Brokers / Mergers & Acquisitions Wins "Most Client-Focused Business Brokerage – North America" Award

VR Business Brokers / Mergers & Acquisitions Wins “Most Client-Focused Business Brokerage – North America” Award VR Business Brokers / Mergers and Acquisitions, the leader in the sale of closely and privately held companies, is pleased to announce that AI MA Awards has bestowed VR the “Most Client-Focused Business Brokerage Award” in North America for 2018. PR Newswire LONDON, June 6, 2018 LONDON , June 6, 2018 /PRNewswire-PRWeb/ — “The prestigious award marks the hard work and stellar efforts of those who have helped shape this unique and dynamic industry and our comprehensive selection and judging process singles out the true market leaders of 2018. Congratulations to VR and all its professionals,” stated Heather Ryan , Awards Director, AI Global Media. […]

Stock Analysts

Visa and Wirecard to Provide New Digital Payment Solutions

Global leader in payments Visa Inc. V and Wirecard, the global innovation leader in digital financial technology have entered into agreement to provide new solutions in the field of digital financial technology. Both companies will be utilizing their specialties to provide enhanced services to their customers. […]

Stock Analysts

Alibaba’s Arm Partners With SAP to Expand Cloud Offerings

Alibaba Group Holding Limited ’s BABA cloud computing arm, Alibaba Cloud recently expanded its partnership with an enterprise application software company, SAP SE (SAP). The partnership is aimed at creating a seamless transition to cloud infrastructure for enterprises, and better management of scalable workloads and critical applications. The deal will enable its customers to run a range of SAP solutions on Alibaba Cloud and SAP HANA Cloud platform, the predominant money-spinning offering of SAP, under any operating system. […]

Mergers & Acquisitions

EnLink Midstream Announces Strategic Partner Update

EnLink Midstream Announces Strategic Partner Update Global Infrastructure Partners enters into definitive agreement to acquire Devon’s entire interest in EnLink Midstream PR Newswire DALLAS, June 6, 2018 DALLAS , June 6, 2018 /PRNewswire/ — The EnLink Midstream companies (EnLink), EnLink Midstream Partners, LP (NYSE: ENLK) (the Partnership or ENLK) and EnLink Midstream, LLC (NYSE: ENLC) (the General Partner or ENLC), today announced that affiliates of Global Infrastructure Partners (GIP), a leading global independent infrastructure fund manager, have entered into a definitive agreement with Devon Energy Corp. (Devon) to acquire all of Devon’s interests in EnLink Midstream Manager, LLC (Manager), ENLC, and ENLK for total cash consideration of $3.125 billion . […]

Momentum Stocks

Bear Of The Day: Cars.com

Cars.com (CARS) is a Zacks Rank #5 (Strong Sell) and that makes it elegible for the Bear of the Day article. I felt it was good one to run against the Tesla (TSLA) Bull of the Day article which you can read here: https://www.zacks.com/commentary/166108/bull-of-the-day:-tesla-( tsla ) -) So why is Cars.com a Zacks Rank #5 (Strong Sell)? The quick and easy answer is that earnings estimates have been falling […]

Momentum Stocks

Bull Of The Day: Tesla (TSLA)

Tesla (TSLA) is a Zacks Rank #2 (Buy) and it is the Bull of The Day. This stock has a lot of haters, people who believe that the cars are worthless just like the stock. They will direct your attention to negative cash flow, the company missing deadlines and just about anything to get you to sell your shares. […]

Mergers & Acquisitions

Generational Equity Announces Sale of Vendor Team Services to VTSARC LLC

Generational Equity Announces Sale of Vendor Team Services to VTSARC LLC PR Newswire DALLAS, June 6, 2018 DALLAS , June 6, 2018 /PRNewswire/ — Generational Equity , a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Vendor Team Services, to VTSARC LLC. The acquisition closed May 3, 2018 . […]

Mergers & Acquisitions

Admescope has Acquired MetaSafe AB

Admescope has Acquired MetaSafe AB PR Newswire OULU, Finland, June 6, 2018 OULU, Finland , June 6, 2018 /PRNewswire/ — Admescope Ltd, a pre-clinical ADME-Tox service provider today announced the acquisition of MetaSafe AB, a company specialised in the field of metabolic biotransformation research. MetaSafe, based in Södertälje, Sweden , is a contract research organisation working with small, midsize and large pharmaceutical companies in the area of drug biotransformation/metabolism. MetaSafe is especially focusing on clinical phase drug metabolism studies from safety perspective, but also provides services for preclinical stage of drug development. […]

Mergers & Acquisitions

Generational Equity Advises Sys-Tek in Sale to Twining

Generational Equity Advises Sys-Tek in Sale to Twining PR Newswire DALLAS, June 6, 2018 DALLAS , June 6, 2018 /PRNewswire/ — Generational Equity , a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Sys-Tek PA Inc., to Twining Inc. The acquisition closed April 17, 2018 . […]

Mergers & Acquisitions

Invesco acquires Intelliflo, the UK’s leading technology platform for financial advisors

Invesco acquires Intelliflo, the UK’s leading technology platform for financial advisors This acquisition brings together Intelliflo’s market-leading technology and Invesco’s broad investment management expertise to deliver unrivalled support for UK financial advisors to meet evolving client needs PR Newswire ATLANTA, June 6, 2018 ATLANTA , June 6, 2018 /PRNewswire/ — Invesco Ltd. has acquired Intelliflo, a market-leading UK provider of advisor-focused digital solutions. Since its inception in 2004, Intelliflo has experienced rapid growth and has become the No. […]

Stock Analysts

Boeing (BA) En Route to Deliver 787 Jets to Vistara for $3.3B

Per media sources, The Boeing Company BA is all set to enter into an agreement with Vistara to deliver six of its 787 dreamliners along with an option to supply additional four aircraft. This deal, if struck ultimately, shall spoil Airbus Group’s EADSY A330neo’s efforts to win the same contract. Vistara, looking to expand its fleet, is yet to decide between the 787-9 and the 787-10 versions of dreamliners that could fly non-stop to major European destinations. […]

Stock Analysts

Kimco’s Mill Station Development Now More Than 75% Preleased

Retail REIT Kimco Realty Corp. KIM is experiencing decent demand for its Mill Station Signature Series Development project. In fact, recently, the company announced addition of a number of retailers to its tenant lineup at this project, including Lowe’s Home Improvement LOW , Marshalls, TJX’s new HomeSense concept, Burlington and Five Below FIVE […]

Stock Analysts

Apple Unveils New iOS, Mac OS and Watch OS Versions at WWDC

Apple AAPL unveiled new versions of operating system software for iOS, Mac and Watch at Worldwide Developers Conference (WWDC) on Jun 4. The new version of iOS will speed up older phones. This is a notable development considering the “batterygate” fiasco, when Apple was accused of intentionally slowing iPhones with older batteries through software updates. […]