It was a busy week for the gambling industry, with some of the major companies witnessing a decline after May gambling revenues from the Macau region missed analyst expectations. Shares of companies such as Melco Resorts & Entertainment Ltd. MLCO , Wynn Resorts, Limited WYNN and Las Vegas Sands Corp. […]
Petróleo Brasileiro S.A. or Petrobras ’s PBR shares have declined more than 20% in the mid-day trading to eventually close at $10.13 (14.6% down) on Jun 1, after the company’s CEO Pedro Parente stepped down from his position. Following his resignation, the Brazilian real also weakened against the dollar, sparking fear over the country’s economy […]
Fujifilm completes acquisition of Irvine Scientific Sales Company and IS Japan, leading companies of cell culture media PR Newswire TOKYO, June 4, 2018 TOKYO , June 4, 2018 /PRNewswire/ — FUJIFILM Corporation (President: Kenji Sukeno ) announced today that it has completed the acquisition of Irvine Scientific Sales Company, Inc. (ISUS) and IS JAPAN CO.,LTD. (ISJ), leading companies in cell culture media for about US$800 million on June 1 in the United States […]
Trident Maritime Systems Completes the Acquisition of Newsystem srl PR Newswire NEW YORK, June 4, 2018 NEW YORK , June 4, 2018 /PRNewswire/ — Trident Maritime Systems (“Trident”), a portfolio company of an investment affiliate of J.F. Lehman & Company, announced today the completion of the acquisition of Newsystem srl (“Newsystem”). […]
Celgene Corporation CELG presented data on its oncology drugs Revlimid, Pomalyst along with other experimental therapies in the presentation at the American Society of Clinical Oncology (ASCO) Annual Meeting in Chicago, IL. Celgene announced encouraging updated six-month safety and efficacy data from the open-label, multicenter phase I study, TRANSCEND (NHL-001), on experimental CD19-directed CAR T cell therapy candidate, lisocabtagene maraleucel (liso-cel; JCAR017), in patients with relapsed/refractory (r/r) aggressive B-cell non-Hodgkin lymphoma (NHL) at the ASCO. TRANSCEND is being conducted to determine the safety, pharmacokinetics and antitumor activity of liso-cel in adult patients with relapsed or refractory diffuse large B cell lymphoma (DLBCL), primary mediastinal B-cell lymphoma, follicular lymphoma Grade 3B, and mantle cell lymphoma. […]
RH RH , formerly Restoration Hardware, is expected to report first-quarter fiscal 2018 results on Jun 7. In the last reported quarter, the company’s earnings surpassed the Zacks Consensus Estimate. Meanwhile, the company surpassed/met expectations in the last four quarters, with the average beat being 17.91% […]
Molson Coors Brewing Company TAP has been off investors’ radar for quite some time now, owing to persistent softness in U.S. beer volumes and escalated input costs. Given these factors, this Zacks Rank #5 (Strong Sell) stock has lost 20.5% in the past three months, wider than the industry ’s 8.7% decline […]
Rue La La to Acquire Gilt Combination of Digital Fashion Pioneers Forms Multi-Brand Growth Platform Reaching Over 20 Million Members PR Newswire BOSTON, June 4, 2018 BOSTON, June 4, 2018 /PRNewswire/ — Rue La La, an innovative e-commerce destination known for connecting world-class brands with next-generation shoppers, announced that it has entered into an agreement to acquire Gilt, a leading member-based digital shopping business, from Hudson’s Bay Company (HBC). The combined company joins two complementary lifestyle brands into a multi-brand growth platform. […]
Sun Life Financial acquires Maxwell Health – Robust technology platform provides complete benefits administration – PR Newswire WELLESLEY, Mass., June 4, 2018 WELLESLEY, Mass., June 4, 2018 /PRNewswire/ — Sun Life Financial announced today that it has acquired Maxwell Health, an innovative start-up with an employee benefits platform that makes benefits and HR administration simple for employers and their employees. With Maxwell Health’s platform, employees at small and mid-sized businesses can enroll in all their benefits, including medical, dental, vision, life, short- and long-term disability, voluntary coverages, financial benefits such as health savings accounts, and lifestyle products like telemedicine. Maxwell Health’s comprehensive benefits administration platform supports an employer’s benefits strategy while streamlining the process by integrating with carriers, payroll systems and other third-party administrators […]
Hillman Agrees To Acquire minuteKEY PR Newswire CINCINNATI, June 4, 2018 CINCINNATI, June 4, 2018 /PRNewswire/ — The Hillman Group, Inc. (“Hillman”), a leading solution provider to the retail hardware market, today announced that it has entered into a definitive agreement to acquire Minute Key Holdings Inc. […]
Lippert Components Acquires Italian-Based Manufacturer STLA PR Newswire ELKHART, Ind., June 4, 2018 ELKHART, Ind., June 4, 2018 /PRNewswire/ — LCI Industries (NYSE: LCII), which, through its wholly-owned subsidiary, Lippert Components Inc., supplies a broad array of engineered products for the leading original equipment manufacturers of leisure and mobile transportation and adjacent industries, and the related aftermarkets of those industries, today announced that it has acquired STLA s.r.l, a Pontedera, Italy-based manufacturer of bed-lifts and other recreational vehicle (“RV”) components for the European caravan market. STLA sales for 2017 were approximately €18 million (US$21 million). The purchase price was €13.2 million (US$15.4 million), which was paid at closing […]
LyondellBasell Industries N.V. LYB received a green light from its shareholders for a new share repurchase program, wherein the company can repurchase up to 10% of its shares. […]
Trade tensions between the U.S. and China remain even as technology companies continue to deepen their ties. As the government appeared to come to an understanding with Beijing, markets heaved a sigh of relief […]
Evergreen Consumer Brands, Inc. Acquires Brands Salon Selectives and Daily Defense Evergreen Consumer Brands, Inc. […]
Specialty Program Group LLC Acquires Assets Of California-Based Professional Program Insurance Brokerage PR Newswire SUMMIT, N.J., June 4, 2018 SUMMIT, N.J. , June 4, 2018 /PRNewswire/ — Specialty Program Group LLC. (SPG) a leading insurance holding company for specialty brokerages and underwriting facilities announced today that it has acquired the assets of Professional Program Insurance Brokerage (PPIB) […]
Biomerics Acquires FutureMatrix Interventional PR Newswire SALT LAKE CITY, June 4, 2018 SALT LAKE CITY , June 4, 2018 /PRNewswire/ — Biomerics LLC, a medical device contract manufacturer headquartered in Salt Lake City, UT is pleased to announce the acquisition of FutureMatrix Interventional, Inc. FMI, located in Athens, TX specializes in the design and manufacture of interventional catheters for the cardiovascular and urinary markets. “We are pleased to add FMI’s capabilities to the Biomerics portfolio,” stated Travis Sessions , CEO. […]
Rexford Industrial Acquires Industrial Property For $14 Million – 100% Leased Investment in Core Infill Submarket – – 2018 Acquisition Volume Exceeds $267 Million – PR Newswire LOS ANGELES, June 4, 2018 LOS ANGELES , June 4, 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 a single-tenant industrial property for $14 million . The acquisition was funded through a combination of cash on hand and draws on the Company’s line of credit […]
Kansas City Life Insurance Company To Acquire Life Division From Grange Mutual Casualty Company PR Newswire KANSAS CITY, Mo., June 4, 2018 KANSAS CITY, Mo. , June 4, 2018 /PRNewswire/ — Kansas City Life Insurance Company and Grange Mutual Casualty Company are pleased to announce the signing of a definitive agreement today under which Kansas City Life will acquire all of the issued and outstanding stock of Grange Life Insurance Company from Grange Mutual. The transaction is subject to review by the Ohio Department of Insurance […]
Abel Noser Holdings Closes Zeno Consulting Group Acquisition Acquisition Combines the Offerings of the Two Pioneers and Leading Providers of Trade Analytics Services to the Institutional Community PR Newswire NEW YORK, June 4, 2018 NEW YORK , June 4, 2018 /PRNewswire/ — Abel Noser Holdings, LLC , a leading provider of multi-asset trade analytics and trade compliance reporting, today announced it has closed on its previously publicized acquisition of Zeno Consulting Group, LLC (formerly Plexus Group) , a premier provider of trade analytics and bespoke consulting services to asset owners. With this acquisition, Abel Noser strengthens its position as a market share leader and innovator in the trade analytics and regulatory surveillance industry. “We are excited to have the Zeno team join in our efforts to provide the most comprehensive suite of products available for asset owners,” commented Ted Morgan , CEO of Abel Noser Holdings. […]
Future Acquisition’s Impact on KinerjaPay Corp. First Quarter Sales Total transactions increased nearly 691.6% in this year’s first quarter PR Newswire JAKARTA, Indonesia, June 4, 2018 JAKARTA, Indonesia , June 4, 2018 /PRNewswire/ — KinerjaPay Corp., (OTCQB: KPAY), a digital payment and e-commerce platform, today announced that the merger with PT. Kinerja Indonesia will provide several synergetic significant benefits to KPAY upon the expected consummation this year […]
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