Infinity Pharmaceuticals, Inc. INFI and Arcus Biosciences, Inc. RCUS , entered into a clinical collaboration to evaluate two triple combination therapies in selected tumor types, which typically show minimal response to checkpoint inhibition monotherapy […]
Forest City joint venture acquires partner’s interest in DKLB BKLN apartment community PR Newswire CLEVELAND, June 27, 2018 CLEVELAND , June 27, 2018 /PRNewswire/ — Forest City Realty Trust, Inc. (NYSE: FCEA) today announced that a joint venture between the company and Madison International Realty has closed the acquisition of Forest City’s partner’s 49 percent interest in DKLB BKLN, a 365-unit apartment community located at 80 DeKalb Avenue in Brooklyn, New York . […]
Preferred Apartment Communities, Inc. Announces Acquisition of a Student Housing Community in Lubbock, Texas PR Newswire ATLANTA, June 27, 2018 ATLANTA , June 27, 2018 /PRNewswire/ — Preferred Apartment Communities, Inc. (NYSE: APTS) (“PAC” or the “Company”) today announced that it acquired The Bloc, a newly constructed 140-unit, 556-bed, student housing community serving Texas Tech University in the highly desirable Overton District of Lubbock, Texas . […]
Ascensus Expands California Presence with Agreement to Acquire QBI, LLC Defined Contribution and Defined Benefit TPA Brings Product Expertise and Sales Leadership to Ascensus PR Newswire DRESHER, Pa., June 27, 2018 DRESHER, Pa. , June 27, 2018 /PRNewswire/ — Ascensus , a technology-enabled solutions provider that helps more than 8 million Americans save for the future, has entered into an agreement to acquire QBI, LLC (QBI). The third-party administration (TPA) firm will immediately become part of Ascensus’ TPA Solutions division […]
There’s so much going on with Amazon AMZN right now that we can just hit the high spots now. These include a new CEO to head up its health insurance initiative, its physical expansion, its apartment house pickup service Hub and new skills for Alexa. Amazon & Banks Choose CEO Amazon’s ambition to crack healthcare or at least the insurance side of it through partnerships with leading banks took another step forward with the appointment of a CEO effective Jul 9 […]
Paychex, Inc. PAYX reported decent fourth-quarter fiscal 2018 results, wherein earnings came in line with the Zacks Consensus Estimate while revenues surpassed the same. Adjusted earnings per share came in at 61 cents, which increased 17% on a year-over-year basis. […]
Baldwin Krystyn Sherman Partners Announces Partnership With Atlanta-Based Midsouth Benefits PR Newswire TAMPA, Fla., June 27, 2018 TAMPA, Fla. , June 27, 2018 /PRNewswire/ — Baldwin Krystyn Sherman Partners (BKS-Partners ), an insurance brokerage and risk management firm headquartered in Tampa, FL , is pleased to announce its partnership with Midsouth Benefits. […]
XERIUM INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Xerium Technologies, Inc. PR Newswire NEW ORLEANS, June 27, 2018 NEW ORLEANS , June 27, 2018 /PRNewswire/ — Former Attorney General of Louisiana Charles C. Foti, Jr., Esq […]
Hammond Lumber Company Acquires EBS Building Supplies, 10 Locations Maine family-owned company now has 800+ employees and 21 locations and is among the top LBM dealers in the country PR Newswire ELLSWORTH, Maine, June 27, 2018 ELLSWORTH, Maine , June 27, 2018 /PRNewswire/ — Hammond Lumber Company (Hammond) announced today that it has acquired EBS Building Supplies (EBS), a Maine -based lumber and building materials (LBM) dealer, and their 10 coastal locations. Hammond, a third generation, family-owned company since 1953 with more than $250 million in sales, now has more than 800 employees and 21 locations. The company is the largest LBM dealer in Maine and one of the largest independent LBM dealers in the country. […]
TORC Oil & Gas Announces Closing of Strategic Acquisition in Southeast Saskatchewan; Confirms Guidance; Increases Bank Line Canada NewsWire CALGARY, June 27, 2018 CALGARY , June 27, 2018 /CNW/ – TORC Oil & Gas Ltd. (“TORC” or the “Company”) (TSX: TOG) is pleased to announce the closing of the previously announced complementary asset acquisition in southeast Saskatchewan (the “Acquisition”). The Acquisition includes 15.5 mmboe of proved plus probable reserves and over 3,200 boepd of high quality, low decline, high netback, light oil producing assets […]
On Jun 26, we issued an updated research report on Southern Copper Corporation SCCO . The company is poised to grow on the back of expansion projects and solid outlook for metal prices. […]
Check Point Software Technologies Ltd. CHKP has an impressive earnings surprise history, having surpassed the Zacks Consensus Estimate in each of the trailing four quarters and delivering an average positive surprise of 3.6%. With expected long-term earnings per share growth rate of 9.7% and a market cap of $15.8 billion, it seems to be a stock that investors need to hold on to if they are looking to reap long-term gains […]
Baker Hughes, a GE company BHGE will separate from parent company General Electric Company GE , which is planning to lower exposure in the volatile energy sector. Over the next two to three years, General Electric will likely sell its 62.5% stake in Baker Hughes to strengthen its balance sheet and simplify operations. In July 2017, General Electric had acquired Baker Hughes and merged the affiliate with its oil and gas equipment and services businesses […]
Industry experts believe that the luxury goods market is likely to remain healthy, courtesy of steady economic growth, higher consumer confidence and rising disposable income. Given this scenario, it will be wise to focus on some luxury goods’ stocks. Here we have highlighted one such stock Tiffany & Co. […]
On Jun 26, we issued an updated research report on Commercial Metals Company CMC . Improvement in key end markets, rising scrap prices and favorable macroeconomic and market conditions in both the United States and Poland bode well for the company. However, expected losses in the Americas Fabrication segment, recent surge in imports in Poland and higher debt levels remain concerns […]
Patterson Companies PDCO recently partnered with Cure Partners to form a new business, Technology Partner Innovations, LLC. The business venture is gearing up to launch a cloud-based practice management software, NaVetor. Notably, NaVetor is a software designed for veterinary practices that can create and maintain electronic medical records (EMR). […]
Microsoft MSFT recently announced its partnership with InMobi, a provider of enterprise platforms to enhance mobile based marketing. Per the terms of the deal, InMobi will select Microsoft Azure cloud platform to leverage its Arificial Intelligence (AI) based capabilities and data-driven meaningful insights. InMobi's10-year old Advertising Cloud will move to Azure […]
Gold Medal Service Acquires Water Works Water Works, plumbing, heating, air conditioning and water purification experts of choice in Westwood, NJ, has merged with locally owned and operated Gold Medal Service. The new partnership will expand services and reach for customers throughout Bergen, Rockland, and Passaic counties. […]
Live Nation Acquires Premier U.S. Promoter Red Mountain Entertainment PR Newswire BEVERLY HILLS, Calif., June 27, 2018 BEVERLY HILLS, Calif. , June 27, 2018 /PRNewswire/ — Live Nation Entertainment, the world’s leading live entertainment company, today announced that it has acquired a majority stake in Red Mountain Entertainment, one of the premier regional concert and festival promoters in the United States […]
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