Month: June 2018

Mergers & Acquisitions

GOLFTEC, Golf Digest Online (GDO-Japan) Expand Partnership to Grow Global Footprint and Golf Instruction, Club-Fitting Experiences

June 1, 2018 0

GOLFTEC, Golf Digest Online (GDO-Japan) Expand Partnership to Grow Global Footprint and Golf Instruction, Club-Fitting Experiences PR Newswire ENGLEWOOD, Colo., June 1, 2018 ENGLEWOOD, Colo. , June 1, 2018 /PRNewswire/ — Golf Digest Online (GDO), the largest online / offline golf conglomerate in Japan , has expanded its partnership with GOLFTEC, the world’s largest provider of premium golf lessons and club fittings at nearly 200 GOLFTEC centers internationally. The partnership centers on GDO’s US entity, GDO Sports, Inc […]

Stock Analysts

Shell to Sell Partial Stake in LNG Canada Project to Petronas

June 1, 2018 0

Royal Dutch Shell plc RDS.A recently inked a deal to divest a portion of its stake in the liquefied natural gas (LNG) project in Canada to the Malaysian state-owned energy company Petronas. The financial details of the deal have been kept under wraps. Notably, the LNG Canada project, located in Kitimat, British Columbia, is estimated to cost $31 billion […]

Stock Analysts

5 Stocks Up More Than 30% in May With More Room to Run

June 1, 2018 0

Equity bulls hardly paid any attention to the old maxim — sell in May and go away — in the month and breezed past a flurry of geopolitical crises and trade tensions. Wall Street stayed strong in the month with the S&P 500, the Dow Jones Industrial Average and the Nasdaq Composite enjoying their biggest percentage gains since January. The small-cap Russell 2000 index witnessed its biggest monthly percentage jump since September […]

Stock Analysts

Ciena’s (CIEN) Q2 Earnings Miss Estimates, Revenues Beat

June 1, 2018 0

Ciena Corporation CIEN reported mixed financial results for the second-quarter fiscal 2018 (ended Apr 30, 2018). Net Income On a GAAP basis, net income for the reported quarter came in at $13.9 million or 9 cents per share compared with $38 million or 25 cents per share in the year-ago quarter. The year-over-year decrease was primarily due to higher cost of goods sold […]

Mergers & Acquisitions

Wiley’s Finest UK Ltd. acquires Now2 Ltd.

June 1, 2018 0

Wiley’s Finest UK Ltd. acquires Now2 Ltd. Health food supplement manufacturer expands UK reach with acquisition of distribution expert PR Newswire BLACKPOOL, England, June 1, 2018 BLACKPOOL, England , June 1, 2018 /PRNewswire/ — Wiley’s Finest UK Ltd. […]

Mergers & Acquisitions

Perspecta Completes Separation from DXC Technology, Begins Trading Today on the NYSE

June 1, 2018 0

Perspecta Completes Separation from DXC Technology, Begins Trading Today on the NYSE — Perspecta Inc. completes merger with Vencore and KeyPoint Government Solutions, along with planned refinancing — Perspecta board declares quarterly dividend of $0.05 per Perspecta share, payable in addition to the DXC quarterly dividend announced last week — Perspecta board authorizes share repurchase plan of up to $400 million PR Newswire CHANTILLY, Va., June 1, 2018 CHANTILLY, Va. , June 1, 2018 /PRNewswire/ — Perspecta Inc. […]

Technicals

WABCO Holdings (WBC) Enters Oversold Territory

June 1, 2018 0

WABCO Holdings Inc. WBC 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 WBC given that, according to its RSI reading of 29.75, it is now in oversold territory […]

Mergers & Acquisitions

DexKo Global expands into chassis manufacturing in Australia with the acquisition of G&S Chassis and Hume Caravan and Camping Accessories

June 1, 2018 0

DexKo Global expands into chassis manufacturing in Australia with the acquisition of G&S Chassis and Hume Caravan and Camping Accessories PR Newswire NOVI, Mich., KÖTZ, Germany, MELBOURNE, Australia, June 1, 2018 NOVI, Mich. , KÖTZ, Germany, MELBOURNE, Australia , June 1, 2018 /PRNewswire/ — DexKo Global Inc., a global leader in highly engineered trailer running gear and chassis assemblies and related components, is pleased to announce that it has signed a definitive agreement to acquire G&S Chassis and Hume Caravan and Camping Accessories to expand its Australian operations. G&S Chassis and Hume Caravan and Camping Accessories are Australian family-owned businesses and leaders in their respective fields of chassis manufacturing and supplying a diverse range of accessories used by leading caravan manufacturers nationally […]

Mergers & Acquisitions

Alcami to Become Industry Leading Platform CDMO Following Acquisition by Madison Dearborn Partners

June 1, 2018 0

Alcami to Become Industry Leading Platform CDMO Following Acquisition by Madison Dearborn Partners PR Newswire DURHAM, N.C., June 1, 2018 DURHAM, N.C. , June 1, 2018 /PRNewswire/ — Alcami Corporation (“Alcami” or the “Company”), a leading provider of fully-integrated custom end-to-end solutions for the pharmaceutical and biotechnology industries, today announced it has reached an agreement to be acquired by Madison Dearborn Partners, LLC (MDP). MDP, a leading private equity firm based in Chicago , will acquire a majority ownership position in Alcami from existing shareholder Ares Capital Corporation (NASDAQ: ARCC) (“Ares Capital”) […]

Stock Analysts

Here’s How Amazon Can Disrupt Wealth Management Industry

June 1, 2018 0

Amazon AMZN is transforming into a major threat to the wealth management industry based on its Sumerian virtual reality (VR) and augmented reality (AR) platform, Artificial Intelligence (AI) expertise and trove of consumer data & spending patterns. The company in collaboration with Fidelity Labs recently created a digital financial advisor Cora that people interacted with using a VR headset. […]