Stock Analysts

Why You Should Interpublic Group (IPG) Stock Now

A prudent investment decision involves buying stocks that have solid prospects and selling those that carry risks. At times, it is rational to hold certain stocks that have enough potential but are weighed down by tough market conditions. Here we focus on The Interpublic Group of Companies, Inc. […]

Mergers & Acquisitions

Resource Capital Fund V L.P. and Resource Capital Fund VI L.P. Announce Exercise of Option to Acquire Common Shares and Notes in the capital of First Bauxite Corporation from Pacific Road Resources Funds

Resource Capital Fund V L.P. and Resource Capital Fund VI L.P. Announce Exercise of Option to Acquire Common Shares and Notes in the capital of First Bauxite Corporation from Pacific Road Resources Funds Canada NewsWire DENVER, June 28, 2018 DENVER , June 28, 2018 /CNW/ – Resource Capital Fund V L.P. […]

Mergers & Acquisitions

MBN Announces Merger with Globalance Dividend Growers Corp. and Initiation of Dividend Policy

MBN Announces Merger with Globalance Dividend Growers Corp. and Initiation of Dividend Policy Canada NewsWire CALGARY, June 28, 2018 Globalance Shareholders to have Special Redemption Option Prior to Merger CALGARY , June 28, 2018 /CNW/ – Middlefield Limited (the “Manager”), the manager of Globalance Dividend Growers Corp. (“Globalance”) and MBN Corporation (“MBN”), is pleased to announce that Globalance will merge into MBN on or about August 29, 2018 (the date of completion being the “Effective Date”), with MBN being the continuing entity following the Merger. […]

Mergers & Acquisitions

SHAREHOLDER ALERT: Monteverde & Associates PC Announces An Investigation Of Xcerra Corporation – XCRA

SHAREHOLDER ALERT: Monteverde & Associates PC Announces An Investigation Of Xcerra Corporation – XCRA PR Newswire NEW YORK, June 28, 2018 NEW YORK , June 28, 2018 /PRNewswire/ — Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm headquartered at the Empire State Building in New York City , is investigating Xcerra Corporation (“Xcerra” or the “Company”) (NasdaqGS: XCRA) relating to the sale of the Company to Cohu, Inc. (“Cohu”) (NasdaqGS: COHU). Under the terms of the agreement, Xcerra shareholders are anticipated to receive $9.00 and 0.2109 shares of Cohu common stock for each share of Xcerra common stock held […]

Mergers & Acquisitions

21st Century Fox Sets July 27, 2018 For Rescheduled Special Meeting For Vote On Merger Agreement With The Walt Disney Company

21st Century Fox Sets July 27, 2018 For Rescheduled Special Meeting For Vote On Merger Agreement With The Walt Disney Company PR Newswire NEW YORK, June 28, 2018 NEW YORK , June 28, 2018 /PRNewswire/ — Twenty-First Century Fox, Inc. (“21CF”) (NASDAQ: FOXA, FOX) announced that it has set July 27, 2018 as the new date for the special meeting of its stockholders to, among other things, consider and vote on a proposal to adopt the amended merger agreement (the “Amended Disney Merger Agreement”) with The Walt Disney Company (“Disney”) and certain of its subsidiaries that was announced on June 20, 2018 , which amends and restates the previously announced merger agreement between the Company and Disney. 21CF’s board of directors recommends that stockholders vote in favor of the proposal to adopt the Amended Disney Merger Agreement and the other proposals to be voted on at the special meeting […]

Mergers & Acquisitions

Monmouth Real Estate Announces New Acquisition In The Mobile, AL MSA

Monmouth Real Estate Announces New Acquisition In The Mobile, AL MSA PR Newswire FREEHOLD, N.J., June 28, 2018 FREEHOLD, N.J. , June 28, 2018 /PRNewswire/ — Monmouth Real Estate Investment Corporation (NYSE: MNR) today announced the acquisition of a brand new 362,942 square foot industrial building located at 6735 Trippel Road, Theodore, AL at a purchase price of $33,688,276 . The property is net-leased for 11 years to Amazon Fulfillment Service, Inc., a Delaware corporation […]

Stock Analysts

Live Nation Buys Stake in Red Mountain to Improve Concerts

Live Nation Entertainment, Inc. LYV announced its procurement of a majority stake in Red Mountain Entertainment. Live Nation, being the world’s leading live entertainment company, plans to incorporate Red Mountain's market expertise, as the latter happens to be one of the pre-eminent regional concert and festival promoters in the United States […]

Mergers & Acquisitions

Westaff and Remedy Merger Creates One-Stop Workforce Solution

Westaff and Remedy Merger Creates One-Stop Workforce Solution Local experts & industry leaders combine to offer best of both worlds for workforce solutions in Metro New Orleans including the Northshore and River parishes PR Newswire NEW ORLEANS, June 28, 2018 NEW ORLEANS , June 28, 2018 /PRNewswire/ — Westaff and Remedy Intelligent Staffing New Orleans have joined forces to provide a total industry-leading staffing solution for clients seeking administrative, industrial and technical professionals in metro and greater New Orleans . “By combining the best elements of Westaff and Remedy, we can now offer our clients a truly unique one-stop staffing solution,” says Larry Caldarera , President & CEO of Westaff and Remedy-New Orleans. […]

Mergers & Acquisitions

SYNNEX’ Concentrix Division Announces Acquisition of Convergys

SYNNEX’ Concentrix Division Announces Acquisition of Convergys Combines Two Industry Leaders to Create a Premier Global Customer Engagement Services Company Immediately Accretive and Expected to Increase Revenue by ~$2.7 Billion and Adjusted EBITDA ~$380 Million in the First Year After Close – Adds attractive client base in strategic verticals – Enables service delivery from a robust global footprint – Over 6,000 highly skilled credentialed professionals PR Newswire FREMONT, Calif., June 28, 2018 FREMONT, Calif. , June 28, 2018 /PRNewswire/ — SYNNEX Corporation (NYSE: SNX) and Convergys, today announced they have reached a definitive agreement in which SYNNEX would acquire Convergys, and integrate it with Concentrix, a wholly-owned subsidiary and top global provider of customer engagement CRM BPO services. […]

Mergers & Acquisitions

Wheaton Precious Metals Announces Closing of the Cobalt Streaming Agreement from Vale’s Voisey’s Bay Mine

Wheaton Precious Metals Announces Closing of the Cobalt Streaming Agreement from Vale’s Voisey’s Bay Mine PR Newswire VANCOUVER, June 28, 2018 TSX: WPM NYSE: WPM VANCOUVER , June 28, 2018 /PRNewswire/ – Wheaton Precious Metals™ Corp. (“Wheaton” or the “Company”) is pleased to announce that it has completed the acquisition of a Cobalt Stream from a subsidiary of Vale S.A. (“Vale”) (NYSE:VALE) […]

Mergers & Acquisitions

Lime Rock Announces Closing of Lime Rock Partners IV AF Acquisition Fund

Lime Rock Announces Closing of Lime Rock Partners IV AF Acquisition Fund PR Newswire HOUSTON, June 28, 2018 HOUSTON , June 28, 2018 /PRNewswire/ — Lime Rock Partners, private equity investors of growth capital in E&P and oilfield service companies in the U.S. shales and elsewhere, announces the successful closing of a $1.9 billion acquisition fund, Lime Rock Partners IV AF, L.P. The fund has acquired the remaining assets formerly owned by Lime Rock Partners IV, L.P […]

Mergers & Acquisitions

Caesars Entertainment Receives Required Regulatory Approvals to Acquire Centaur Holdings

Caesars Entertainment Receives Required Regulatory Approvals to Acquire Centaur Holdings PR Newswire LAS VEGAS, June 28, 2018 LAS VEGAS , June 28, 2018 /PRNewswire/ — Caesars Entertainment Corporation (NASDAQ: CZR) (“Caesars Entertainment”) today announced that the Indiana Horse Racing Commission and the Indiana Gaming Commission have granted approval of the proposed acquisition of Centaur Holdings, LLC. With the receipt of these approvals, the Company has met the necessary regulatory requirements and expects to complete the transaction in mid-July. […]

Mergers & Acquisitions

Hilco Global Partners with The Branford Group and North East Printing Machinery in a Multi-Million Dollar Acquisition of Edwards Brothers Malloy Printing Assets

Hilco Global Partners with The Branford Group and North East Printing Machinery in a Multi-Million Dollar Acquisition of Edwards Brothers Malloy Printing Assets After closing operations on June 15, 2018, the largest independent book publisher in North America sells off all machinery and equipment, intellectual property and A/R Assets to JV Group. PR Newswire NORTHBROOK, Ill., June 28, 2018 NORTHBROOK, Ill. , June 28, 2018 /PRNewswire/ — Hilco Industrial and Hilco Receivables , both units of Hilco Global ( www.hilcoglobal.com ), announced today that they have acquired the extensive assets of the Edwards Brothers Malloy Printing Company. […]

Stock Analysts

Accenture (ACN) Earnings, Revenues Beat Estimates in Q3

Accenture plc ACN delivered better-than-expected third-quarter fiscal 2018 results. Non-GAAP earnings (excluding the effect of US tax law changes) came in at $1.79 per share, outpacing the Zacks Consensus Estimate of $1.71. The bottom-line also increased from $1.52 per share reported in the year-ago quarter. […]

Mergers & Acquisitions

Starlight Investments and Blackstone Announce Canadian Multi-Family Partnership with Acquisition of Six Urban Toronto and Montreal Buildings Comprising 746 Units

Starlight Investments and Blackstone Announce Canadian Multi-Family Partnership with Acquisition of Six Urban Toronto and Montreal Buildings Comprising 746 Units PR Newswire TORONTO, June 28, 2018 TORONTO , June 28, 2018 /PRNewswire/ – Starlight Investments (“Starlight”) and an affiliate of Blackstone Property Partners (“Blackstone”) are pleased to announce the formation of a joint venture to acquire a portfolio of six multi-family buildings comprised of 746 units (the “Portfolio”). The Portfolio is strategically located in the urban core of Canada’s economic hubs with five properties located in desirable Toronto neighbourhoods and one in Montr al. The partnership marks Blackstone’s first investment in Canadian multi-family real estate. […]

Mergers & Acquisitions

Kalamata Capital and KCG Merge

Kalamata Capital and KCG Merge Creating a Well-Capitalized, Institutional Quality, One-Stop Financings Solution for Small Business Merchants and Strategic Partners PR Newswire NEW YORK, June 28, 2018 NEW YORK , June 28, 2018 /PRNewswire/ — Kalamata Capital LLC and Kings Cash Group LLC (“KCG”), leading providers of capital for small businesses, announced today that they entered into an agreement to merge operations effective July 1, 2018 , as part of their continued efforts to support the hard work of small business owners and entrepreneurs. The new entity will utilize the Kalamata Capital brand as the Kalamata Capital Group. The KCG brand will continue as an acronym for Kalamata Capital Group that will do business as “KCG.” The combined entity and affiliates provide approximately $300 million of capital annually to over 5,000 small businesses […]