Mergers & Acquisitions

PR VEIN And Marque Media Merge

PR VEIN And Marque Media Merge Marque Media Successfully Completes Offer to Acquire PR VEIN PR Newswire LOS ANGELES, July 5, 2018 LOS ANGELES , July 5, 2018 /PRNewswire/ — Marque Media , a leading full service communications agency, today announced that it has successfully completed its offer to acquire PR VEIN , a successful boutique communications agency specializing in fashion and entertainment public relations. In an effort to provide a more strategic integrated approach to marketing and communications, Marque Media and PR VEIN have decided to join forces to tackle the ever-evolving business of public relations, social media and integrated marketing communications. PR VEIN’s Founder and Chief Executive Officer Erica Hicks Anderson , who started the company in 2014, will become Partner and Chief Marketing Officer of the newly created agency […]

Stock Analysts

U.S. Steel (X) Up 54% in a Year: What’s Behind the Rally?

Shares of United States Steel Corporation X have shot up around 54% over a year, significantly outperforming the industry ’s growth of roughly 15%. U.S. Steel, a Zacks Rank #1 (Strong Buy) stock, has a market cap of roughly $6 billion and average volume of shares traded in the last three months was around 9,892.2K. […]

Stock Analysts

5 Top-Ranked Small-Cap Stocks to Survive 2H

Small-cap stocks have been enjoying a stellar 2018, when their larger counterparts are suffering from simmering trade tensions. The Russell 2000 gained 7% in 1H18, significantly more than the S&P 500, which advanced only 1.7% over this period. […]

Stock Analysts

Franchise Films Power U.S. Box Office in Q2: Will 2H Repeat?

The U.S. box office hit a record high of $3.3 billion in the second quarter thanks to summer hits like Incredibles 2 , Avengers: Infinity War and Jurassic World: Fallen Kingdom . Moreover, the figures for June came in at an estimated $1.27 billion, the largest ever for the month, beating the previous record set in 2013, according to Hollywood Reporter […]

Stock Analysts

5 Top-Ranked Chip Stocks If You Fear Micron’s Chinese Exposure

Micron Technology MU was hit badly in Tuesday’s trading session following a report that a Chinese court has suspended its sale of memory products in that country, citing violation of patents held by Taiwan's United Microelectronics Corp UMC . Shares of MU fell as much as 8% on the news but recovered slightly to close on the day at down 5.5%. The other stocks in the industry also felt the pinch. […]

Stock Analysts

China’s Service Activity Hits 4-Month High: 4 Top Picks

China, the world’s second-largest economy, has remained resilient to the recent global economic shocks. Moreover, the strength in the Chinese economy is evident from the fact that despite trade-war-related tensions, China’s service activity managed to notch up a 4-month high last month. Moreover, business confidence among Chinese entrepreneurs also exhibited an uptick for the ninth straight quarter. […]

Mergers & Acquisitions

EMBRAER S.A.: Boeing and Embraer to Establish Strategic Aerospace Partnership to Accelerate Global Aerospace Growth

EMBRAER S.A.: Boeing and Embraer to Establish Strategic Aerospace Partnership to Accelerate Global Aerospace Growth PR Newswire CHICAGO and SAO PAULO, July 5, 2018 CHICAGO and SAO PAULO, July 5, 2018 /PRNewswire/ — Boeing (NYSE: BA) and Embraer (B3: EMBR3, NYSE: ERJ) announced they have signed a Memorandum of Understanding to establish a strategic partnership that positions both companies to accelerate growth in global aerospace markets. The non-binding agreement proposes the formation of a joint venture comprising the commercial aircraft and services business of Embraer that would strategically align with Boeing’s commercial development, production, marketing and lifecycle services operations. Under the terms of the agreement, Boeing will hold an 80 percent ownership stake in the joint venture and Embraer will own the remaining 20 percent stake […]

Mergers & Acquisitions

World Auto Group Acquires Muller Toyota, Adding a New Location to Its Premier Family of Dealerships

World Auto Group Acquires Muller Toyota, Adding a New Location to Its Premier Family of Dealerships The Clinton-based dealership will be the Group’s eleventh location PR Newswire CLINTON, N.J., July 5, 2018 CLINTON, N.J. , July 5, 2018 /PRNewswire/ — World Auto Group, New Jersey’s premier family operated dealership owned by Chris and Albert Preziosi , will extend its proven reputation for customer-focused sales and service to Clinton, New Jersey , after announcing its acquisition of Muller Toyota. The dealership, which will be renamed as Toyota World of Clinton , will be the third Toyota location operated by World Auto Group and the eleventh dealership added to the company’s collection overall. […]

Mergers & Acquisitions

Canopy Growth introduces Latin American subsidiary Canopy LATAM and announces the acquisition of leading Colombian medical cannabis company

Canopy Growth introduces Latin American subsidiary Canopy LATAM and announces the acquisition of leading Colombian medical cannabis company Canada NewsWire SMITHS FALLS, ON and BOGOTA, Colombia, July 5, 2018 Announcement pairs Canopy Growth’s industry leading experience with regional expertise and strategic operations SMITHS FALLS, ON and BOGOTA, Colombia , July 5, 2018 /CNW/ – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (NYSE:CGC) is proud to introduce its Latin American affiliate Canopy LATAM Corporation (“Canopy LATAM”), a wholly owned and controlled subsidiary of Canopy Growth Corporation. Through Canopy LATAM, the Company has acquired Spectrum Cannabis Colombia S.A.S. (“Spectrum Cannabis Colombia”), which previously operated as Colombian Cannabis S.A.S. […]

Mergers & Acquisitions

Canopy Growth acquires outstanding shares in BC Tweed Joint Venture

Canopy Growth acquires outstanding shares in BC Tweed Joint Venture Canada NewsWire SMITHS FALLS, ON, July 5, 2018 SMITHS FALLS, ON , July 5, 2018 /CNW/ – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (NYSE: CGC) is pleased to announce that it has closed its previously announced transaction (the “Transaction”) to acquire the remaining 33% stake of BC Tweed Joint Venture Inc. (“BC Tweed”). The consolidation of the two largest federally licensed cannabis facilities in the world into full Canopy Growth ownership cements the Company’s commitment to shareholder value through scale production. […]