Uncertainty gripped the equity markets on the news that the Trump administration is mulling to impose tariffs on imported cars, citing an obscure ruling to protect domestic auto manufacturers. The purported move is likely to backfire and adversely impact the operations of several auto manufacturing firms, leading to job loss and decline in production. […]
Laboratory Corporation of Americas Holdings LH , popularly known as LabCorp, recently collaborated with Royal Philips PHG . The terms of the deal have been kept under wraps. Through the collaboration, LabCorp plans to implement Philips’ IntelliSite Pathology Solution and incorporate digitized workflows within its anatomic pathology services […]
Hess Corporation HES has inked an agreement with Ascent Resources – Utica, LLC to divest joint venture interests in the Utica shale play in eastern Ohio. Effective Apr 1, the transaction is expected to raise net cash consideration of about $400 million. The sale comprises net acres of about 39,000, of which 26,000 acres is net undeveloped. […]
Federated Investors, Inc. Completes Acquisition of Majority Interest in London-based Integrated ESG Manager Hermes Investment Management – Acquisition brings Federated’s global assets under management to $439.4 billion (£312.6 billion), as of March 31, 2018 PR Newswire PITTSBURGH, July 2, 2018 PITTSBURGH , July 2, 2018 /PRNewswire/ — Federated Investors, Inc. (NYSE: FII), one of the largest investment managers in the United States , today announced that it has completed its acquisition of a 60 percent interest in Hermes Fund Managers Limited (Hermes), which operates as Hermes Investment Management, a pioneer of integrated ESG investing, from BT Pension Scheme (BTPS) […]
Rollins Acquires Aardwolf Pestkare First Company-owned Operation In Singapore PR Newswire ATLANTA, July 2, 2018 ATLANTA , July 2, 2018 /PRNewswire/ — Rollins, Inc. (NYSE: ROL), a premier global consumer and commercial services company, today announced that it has purchased the stock of Aardwolf Pestkare ( Singapore ) Pte Ltd. The acquisition closed today and is Rollins’ first company-owned operation in Singapore […]
OncoCyte Corporation OCX has been struggling lately, but the selling pressure may be coming to an end soon. That is because OCX recently saw a Hammer Chart Pattern which can signal that the stock is nearing a bottom. What is a Hammer Chart Pattern […]
Banco De Chile BCH has been struggling lately, but the selling pressure may be coming to an end soon. That is because BCH recently saw a Hammer Chart Pattern which can signal that the stock is nearing a bottom. What is a Hammer Chart Pattern […]
America First Multifamily Investors, L.P. ATAX has been struggling lately, but the selling pressure may be coming to an end soon. That is because ATAX recently saw a Hammer Chart Pattern which can signal that the stock is nearing a bottom […]
RV Retailer, LLC Acquires Motor Home Specialist #1 Volume Motor Home Dealer in the World Donny O’Banion to lead Motor Home Specialist as CEO, continues family legacy PR Newswire FORT LAUDERDALE, Fla., July 2, 2018 FORT LAUDERDALE, Fla. , July 2, 2018 /PRNewswire/ — RV Retailer, LLC announced today that it has acquired Motor Home Specialist ( www.mhsrv.com ), the #1 volume motor home dealership in the world, from the O’Banion family. […]
Dropbox (DBX) is a more recent IPO, but has a solid Zacks Rank #2 (Buy) which tells me the estimates are moving higher. We saw this stock spike not to long ago, so with the recent pull back, now is the perfect time to look at why this stock is a Zacks Rank #2 (Buy) and how it became the Bull Of The Day. Description Dropbox, Inc. […]
Starwood Capital Acquires Significant Minority Stake in Leading Real Estate Company CA Immo PR Newswire VIENNA and LUXEMBOURG, July 2, 2018 VIENNA and LUXEMBOURG , July 2, 2018 /PRNewswire/ — Starwood Capital Group, a leading global private investment firm, today announced it agreed to acquire through controlled affiliates from Immofinanz Group 25,690,163 no par value bearer shares and four registered shares in CA Immobilien Anlagen AG (“CA Immo”), representing approximately 26% of the total issued shares in CA Immo. Barry Sternlicht , Chairman and CEO of Starwood Capital Group, said, “Starwood Capital is a leading global investor with a strong track record across many asset classes in the real estate sector as well as in growing, high-performing public companies. We see great potential in the Austrian, German and Central and Eastern European real estate markets, and are convinced that as a long-term oriented, strategic anchor shareholder with substantial capital resources and relevant experience, we are a natural partner to support the management team of CA Immo in achieving high sustainable returns for its shareholders.” Keegan Viscius , a Senior Vice President responsible for Starwood Capital’s real estate investments across Europe , said, “This significant investment reflects our continued confidence in the underlying fundamentals of the Austrian, German and Central and Eastern European markets […]
EQT to Acquire Leading Open Source Software Provider SUSE EQT VIII to acquire SUSE, a leading global provider of open source infrastructure software for enterprises EQT VIII is partnering with CEO Nils Brauckmann and his team to support SUSE’s next period of growth and innovation, and to strengthen its position as leading open source player both organically and through add-on acquisitions SUSE to further build its brand and unique corporate culture as a stand-alone business PR Newswire STOCKHOLM, July 2, 2018 STOCKHOLM , July 2, 2018 /PRNewswire/ — The EQT VIII fund (“EQT” or “EQT VIII”) has agreed to acquire SUSE, a leading global provider of open source infrastructure software for large enterprises, from the global infrastructure software business Micro Focus International plc (“Micro Focus”) for an enterprise value of USD 2.535 billion . The transaction is subject to Micro Focus shareholder and customary regulatory approvals. Founded in 1992, SUSE is the world’s first provider of an enterprise-grade open source Linux operating system. […]
SUSE Partners with Growth Investor EQT to Continue Momentum, Strategy Execution and Product Expansion SUSE announces plans to operate as a fully independent business PR Newswire NUREMBERG, Germany, July 2, 2018 NUREMBERG , Germany , July 2, 2018 /PRNewswire/ — SUSE today announced plans to partner with growth investor EQT to continue momentum, strategy execution and product expansion as an independent business. The completion of EQT’s acquisition of SUSE from Micro Focus is subject to Micro Focus shareholder and customary regulatory approvals and is expected to occur in early 2019. Having enjoyed seven years of continuous expansion, SUSE is set to be acquired from Micro Focus by EQT, which is a development-focused investor with extensive experience in the software industry. […]
Diversified has reached an agreement in principle to acquire TSL FZ, with a view to expanding its EMEA regional operations to meet global demands The acquisition will continue Diversified’s international expansion and its ability to serve our global clientele. PR Newswire KENILWORTH, N.J., July 1, 2018 KENILWORTH, N.J. , July 1, 2018 /PRNewswire/ — Diversified, the industry leading technology provider delivering innovative solutions and managed services to today’s global markets, is announcing the establishment of an office in Dubai via an acquisition of TSL FZ, Dubai Studio City, and a proven award-winning team of engineering talent […]
Bell Media Acquires Zeekee, a Leading Alabama Website Design Firm Bell Media, a digital marketing agency with clients throughout the Southeast, strengthens their position by acquiring Zeekee, a leader in web site design throughout the state of Alabama. PR Newswire BIRMINGHAM, Ala., July 1, 2018 BIRMINGHAM, Ala. […]
Dubai-based NEARBUY GROUP Acquires Controlling Stake in London-based NexusEngage PR Newswire DUBAI, UAE, July 1, 2018 DUBAI , UAE, July 1, 2018 /PRNewswire/ — N EARBUY GROUP a cquires a controlling stake in UK-based N exus E ngage , masters in the art of consumer engagement NEARBUY GROUP , a leading retail and Ad tech company, born and headquartered in Dubai , is now the majority shareholder in NexusEngage Ltd, a UK-based company which turns empty retail space into an experience that enhances the customers’ shopping journey and drives footfall into targeted retailers in order to generate sales revenue. This controlling stake is a synergistic acquisition offering global partnership opportunities for all stakeholders. Dubai -founded NEARBUY GROUP and NexusEngage share a common vision, working in harmony to create immersive, engaging, disruptive, digital solutions for the retail industry. […]
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