Month: August 2018

Stock Analysts

UBS Group AG (UBS) Might Vend SmartWealth Platform to SigFig

August 30, 2018 0

Amid challenging revenue environment, restructuring continues to be the core agenda for most global banks. UBS Group AG UBS is on the verge of shutting down its British digital wealth-management platform, SmartWealth. Moreover, the intellectual property rights of this service will likely be sold to Silicon Valley-based SigFig — “a financial technology firm that the bank has an equity stake in” and had been “working for two years in the U.S.” […]

Stock Analysts

Moody’s Affirms Banco Bilbao’s (BBVA) Ratings and Outlook

August 30, 2018 0

Moody’s Corporation’s MCO subsidiary, Moody’s Investors Service, has affirmed Banco Bilbao Vizcaya Argentaria, S.A. ’s BBVA ratings and outlook in its recent rating activity. While long-term deposit and senior unsecured debt ratings have been maintained at A2 and A3 respectively, baseline credit assessment (BCA) and adjusted BCA have been affirmed at baa2 […]

Mergers & Acquisitions

Largest Lockscreen Media Platform Buzzvil Acquires India and Pakistan’s SlideApp

August 30, 2018 0

Largest Lockscreen Media Platform Buzzvil Acquires India and Pakistan’s SlideApp PR Newswire SEOUL, South Korea, Aug. 30, 2018 – Softbank-backed Buzzvil acquires India and Pakistan’s leading lockscreen content curator SlideApp – Second acquisition since US’s largest lockscreen app, Slidejoy, in 2017 – Aims to widen global reach with internationally patented lockscreen SDK SEOUL, South Korea , Aug. 30, 2018 /PRNewswire/ — World’s largest mobile lockscreen media platform, Buzzvil , a member company of the K-ICT Born2Global Centre , announced it has acquired India and Pakistan’s leading lockscreen content curator SlideApp as part of its effort to tighten its grip in the global mobile ad market. […]

Technicals

Safe Bulkers (SB): Moving Average Crossover Alert

August 30, 2018 0

Safe Bulkers, Inc. SB could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for SB broke out below the 200 Day Simple Moving Average, suggesting short-term bearishness […]

Stock Analysts

Kohl’s Stock Doubles in a Year: Will Comps Remain a Driver?

August 30, 2018 0

Kohl's Corporation ’s KSS shares have surged considerably and more than doubled in a year’s time, comfortably beating the industry ’s growth of almost 75%. The company has been gaining from its sturdy comparable store sales (comps) trend, which is backed by its constant efforts to drive sales. Kohl’s has been making robust efforts to draw shoppers and improve sales, which have helped the company deliver positive comps for four straight quarters now. […]

Mergers & Acquisitions

Mount Franklin Foods, LLC Announces Acquisition Of Industry Leading Hospitality Mints, LLC

August 30, 2018 0

Mount Franklin Foods, LLC Announces Acquisition Of Industry Leading Hospitality Mints, LLC Mount Franklin Continues to Expand and Diversify the Company’s Product Offerings PR Newswire EL PASO, Texas, Aug. 30, 2018 EL PASO, Texas , Aug. 30, 2018 /PRNewswire/ — Mount Franklin Foods, LLC, the parent company of Sunrise Confections, Azar Nut Company and Mount Franklin Nutritionals announces the acquisition of Boone, North Carolina -based Hospitality Mints, LLC […]