Month: June 2018

Economic Data

What’s Next for Howard Schultz?

June 5, 2018 0

Tuesday, June 5, 2018 After the opening bell strikes this morning, we expect new economic results for metrics such as PMI (Purchasing Managers Index), ISM Manufacturing and Job Openings for April. (The PMI and ISM reads will be for May.) Yesterday we saw a big drop in April Factory Orders — -0.8% from the expected -0.5%, and well down from the +1.7% posted in March. It’s the first piece of notably negative news we’ve seen in economic headlines since Q1 earnings season began to wind down […]

Economic Data

Schultz Retires From Starbucks

June 5, 2018 0

After the opening bell strikes this morning, we expect new economic results for metrics such as PMI (Purchasing Managers Index), ISM Manufacturing and Job Openings for April. (The PMI and ISM reads will be for May.) Yesterday we saw a big drop in April Factory Orders — -0.8% from the expected -0.5%, and well down from the +1.7% posted in March. It’s the first piece of notably negative news we’ve seen in economic headlines since Q1 earnings season began to wind down. […]

Mergers & Acquisitions

HyperBlock and CryptoGlobal Provide Market Update

June 5, 2018 0

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

21st Century Fox Response To The Secretary Of State For Digital, Culture, Media And Sport Statement Regarding Its Proposed Acquisition Of Sky

June 5, 2018 0

21st Century Fox Response To The Secretary Of State For Digital, Culture, Media And Sport Statement Regarding Its Proposed Acquisition Of Sky NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION PR Newswire NEW YORK, June 5, 2018 NEW YORK , June 5, 2018 /PRNewswire/ — 21st Century Fox (“21CF”) welcomes today’s announcement by the Secretary of State for Digital, Culture, Media and Sport that he has cleared 21CF’s proposed acquisition of the remaining shares in Sky on broadcasting standards, as recommended by the Competition and Markets Authority (“CMA”). Regarding the effects on media plurality we note that the CMA recommended to the Secretary of State that divestiture is “the most effective and proportionate remedy”. 21CF has already submitted proposed undertakings to achieve the divestiture of Sky News to Disney. […]

Technicals

Chemours (CC): Strong Industry, Solid Earnings Estimate Revisions

June 5, 2018 0

One stock that might be an intriguing choice for investors right now is The Chemours Company CC . 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. This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. […]

Technicals

Northern Dynasty Minerals (NAK) Enters Oversold Territory

June 5, 2018 0

Northern Dynasty Minerals Ltd. NAK has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock. And for technical investors, there is some hope when looking at NAK given that, according to its RSI reading of 25.15, it is now in oversold territory […]

Mergers & Acquisitions

Vendavo Acquires Navetti

June 5, 2018 0

Vendavo Acquires Navetti PR Newswire STOCKHOLM, June 5, 2018 STOCKHOLM , June 5, 2018 /PRNewswire/ — Navetti, a leading European provider of price optimization solutions, today announced that its owners and management have accepted an offer to merge with Vendavo, a leading American provider of cloud-based commercial excellence solutions. Combining the resources of the two companies will create a dynamic global force in intelligent price management solutions with quick time-to-value for large and mid-size enterprises. […]

Mergers & Acquisitions

West Coast Ventures Group Corp. Announces the Company has Built Scalable Infrastructure for Planned Multi Restaurant Acquisition Plan

June 5, 2018 0

West Coast Ventures Group Corp. Announces the Company has Built Scalable Infrastructure for Planned Multi Restaurant Acquisition Plan PR Newswire DENVER, June 5, 2018 DENVER , June 5, 2018 /PRNewswire/ — West Coast Ventures Group Corp. (OTCQB: WCVC) (“Company”), which wholly owns fast-casual dining concept Illegal Burger, offering hand-crafted burger + bar (menu also includes chicken, salads, and specialty desserts), today announcing our fully scalable employee management, online training, ordering systems, and digital menu boards that can be changed or accessed from anywhere instantly […]

Stock Analysts

Microsoft Puts Rumors to Rest by Confirming GitHub Buyout

June 5, 2018 0

Microsoft Corp ( MSFT put all speculations to rest by confirming the GitHub acquisition in after-hours trading, yesterday. The transaction, which involves Microsoft stock, is valued at approximately $7.5 billion. On Jun 3, Bloomberg had reported that Microsoft is in advanced talks to acquire the open-source software development platform giant, GitHub. […]