Month: June 2018

Mergers & Acquisitions

GTRI Announces acquisition of Network Professionals Group, LLC

June 26, 2018 0

GTRI Announces acquisition of Network Professionals Group, LLC PR Newswire DENVER, June 26, 2018 DENVER , June 26, 2018 /PRNewswire/ — Global Technology Resources Inc. (“GTRI”) is pleased to announce that it has closed on the acquisition of Network Professionals Group, LLC (“NPG”). Following this acquisition, GTRI is now able to better serve and solve our customer’s IT needs through our increased capabilities. […]

Mergers & Acquisitions

Real Estate Investment Platform StraightUp Announces Merger With Slice, A Blockchain-Powered Platform For Cross-Border Investors

June 26, 2018 0

Real Estate Investment Platform StraightUp Announces Merger With Slice, A Blockchain-Powered Platform For Cross-Border Investors Game-changing merger gives international investors unprecedented access to prime U.S. real estate, offering increased transparency and liquidity powered by blockchain technology PR Newswire NEW YORK, June 26, 2018 NEW YORK , June 26, 2018 /PRNewswire/ — StraightUp , an innovative real estate-focused platform giving investors access to previously unavailable development opportunities, announced today a merger with Slice , the first blockchain-based REIT for investors around the world. The merger will disrupt the real estate investing space, providing increased transparency and liquidity backed by secure blockchain technology and the tokenization of securities, opening new doors for international investors interested in prime U.S […]

Technicals

What Falling Estimates & Price Mean for Macro Bank (BMA)

June 26, 2018 0

Similar to wise buying decisions, exiting certain underperformers at the right time helps maximize portfolio returns. Selling off losers can be difficult, but if both the share price and estimates are falling, it could be time to get rid of the security before more losses hit your portfolio. One such stock that you may want to consider dropping is Macro Bank Inc […]

Technicals

Town Sports International (CLUB) Catches Eye: Stock Jumps 7.1%

June 26, 2018 0

Town Sports International Holdings, Inc. CLUB was a big mover last session, as the company saw its shares rise more than 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session.The stock picked up sharply from the near-flat trend of $11.00 to $11.95 in the past one month time frame. […]

Technicals

Why EnQuest (ENQUF) Could Shock the Market Soon

June 26, 2018 0

It commonly happens in stock investing that investors miss the chance of buying winning stocks that they knew would stand out. Before they take the plunge, others get to know the hidden potential and enter into these stocks, pushing them out of reach. So, instead of repenting, spotting the off-the-radar potential winners and immediately investing in them could be a smart decision. […]

Technicals

Why Meta Financial (CASH) Could Be Positioned for a Slump

June 26, 2018 0

Similar to wise buying decisions, exiting certain underperformers at the right time helps maximize portfolio returns. Selling off losers can be difficult, but if both the share price and estimates are falling, it could be time to get rid of the security before more losses hit your portfolio. One such stock that you may want to consider dropping is Meta Financial Group, Inc. […]

Technicals

Why Culp, Inc. (CULP) Could Be Positioned for a Slump

June 26, 2018 0

Similar to wise buying decisions, exiting certain underperformers at the right time helps maximize portfolio returns. Selling off losers can be difficult, but if both the share price and estimates are falling, it could be time to get rid of the security before more losses hit your portfolio. One such stock that you may want to consider dropping is Culp, Inc […]

Mergers & Acquisitions

Ideal-Tridon Acquires Clamp S.r.l. and Campbell Fittings

June 26, 2018 0

Ideal-Tridon Acquires Clamp S.r.l. and Campbell Fittings PR Newswire NEW YORK, June 26, 2018 NEW YORK , June 26, 2018 /PRNewswire/ — Ideal Tridon Holdings, Inc. (“Ideal-Tridon”), a portfolio company of Snow Phipps Group (“Snow Phipps”), announced that it has completed the acquisitions of Clamp S.r.l. […]

Mergers & Acquisitions

An Entire Ecosystem for eSports – Joining eSports.com: Nik Adams, Tom Villinger, iCandy

June 26, 2018 0

An Entire Ecosystem for eSports – Joining eSports.com: Nik Adams, Tom Villinger, iCandy PR Newswire HAMBURG, Germany, June 26, 2018 HAMBURG, Germany , June 26, 2018 /PRNewswire/ — The ambitious eSports.com platform ( www.esports.com ) is pleased to announce two notable new additions: Nik Adams and Tom Villinger will form the Supervisory Board together with Melissa Blau . Adams is one of the pioneers of eSports, is the founder and vice president of Turtle Entertainment and held leadership positions in industry greats ESL and Twitch. […]

Stock Analysts

Education Realty (EDR) to be Acquired by Greystar for $4.6B

June 26, 2018 0

Education Realty Trust EDR , also known as EdR, has entered into a definitive merger agreement, per which, it will be acquired by Greystar Student Housing Growth and Income Fund, LP — a newly-formed, perpetual-life fund — in an all-cash transaction of $4.6 billion, including debt. EdR’s stockholders will receive $41.50 per share in cash, representing a premium of 13.6% over its closing price on May 31, 2018 — prior to the day when speculations of a possible sale of the company started making rounds in the market. […]

Stock Analysts

Drop in Asset Coverage Ratio to Aid Ares Capital Financials?

June 26, 2018 0

Ares Capital Corporation ’s ARCC board of directors approved to lower the minimum asset coverage ratio to 150% from 200%, as per the amendment in the Investment Company Act of 1940 by the Small Business Credit Availability Act. The amendment is subject to certain approval, timing and disclosure requirements. The effective date, from which the ratio will be lowered, is Jun 21, 2019 […]

Stock Analysts

Boeing to Deliver 20 787-9 Jets to Bamboo Airways for $5.6B

June 26, 2018 0

The Boeing Company BA recently signed an agreement with the Vietnamese startup airline, Bamboo Airways, for delivering 20 787-9 Dreamliner aircraft to the latter. The deal, on finalization, is estimated to be worth around $5.6 billion, at current list prices. Per the terms, Bamboo Airways already completed the deposit requirement this month for reserving 20 airplanes, which are tentatively scheduled for delivery, from April 2020 through 2021. […]