Mergers & Acquisitions

Pyramidion Technology Group, Inc. (PYTG) Plans to Enter CBD or Cannabidiol Market Which Forbes Estimates $2.1 to $3 Billion by 2020

Pyramidion Technology Group, Inc. (PYTG) Plans to Enter CBD or Cannabidiol Market Which Forbes Estimates $2.1 to $3 Billion by 2020 Company In Process Of Negotiating An Acquisition Of A Company That Markets Cannabidiol (CBD) Based Products PR Newswire WESTON, Florida, August 2, 2018 WESTON, Florida , August 2, 2018 /PRNewswire/ — Pyramidion Technology Group, Inc. (“PYTG”, or the “Company”) (OTC PINK: PYTG), today announced that it plans to enter the CBD based products market and is looking to acquire a company that markets premium quality independently certified all-natural wellness products, as part of its plan to become a global cannabis industry leader dedicated to the research, development, and the multi-national wholesale and retail distribution of premium proprietary products, “The CBD or cannabidiol market could grow 700% by 2020 as more people turn to these products for health improvements.” https://www.facebook.com/forbes/posts/10154841517757509 FORBES has said that the CBD market could grow to $2.1 to $3 Billion by 2020. […]

Mergers & Acquisitions

Elsevier to Acquire Aries Systems, A Best-in-class Publication Workflow Solutions Provider

Elsevier to Acquire Aries Systems, A Best-in-class Publication Workflow Solutions Provider PR Newswire NEW YORK, August 2, 2018 NEW YORK , August 2, 2018 /PRNewswire/ — Elsevier , the global information analytics business specializing in science and health, today announced it has signed a definitive agreement to acquire Aries Systems , a leader in scientific publication workflow solutions headquartered outside Boston, MA. Aries’ offerings are used by journals, books and other publications for manuscript submission, peer review, production tracking and eCommerce. “Aries has built a best-in-class workflow solution for publishers, editors and scholars seeking to advance the discovery and dissemination of knowledge,” said Lyndon Holmes , Aries’ Founder […]

Stock Analysts

Range Resources (RRC) Q2 Earnings Beat on Record Production

Range Resources Corporation RRC recently reported second-quarter 2018 earnings (adjusted for one-time items) of 20 cents per share, beating the Zacks Consensus Estimate of 10 cents. The bottom line was up 233% from the year-ago figure of 6 cents. The strong second-quarter 2018 earnings were boosted by an increase in oil and gas equivalent production, and price realizations, partially offset by higher expenses […]

Stock Analysts

Pilgrim’s Pride (PPC) Q2 Earnings: Rising Costs Dent Margins

Pilgrim's Pride Corporation PPC reported mixed second-quarter 2018 results, wherein earnings declined year over year and lagged the Zacks Consensus Estimate. On the contrary, revenues improved from the year-ago quarter’s level and delivered a positive surprise. Q2 Results in Detail Quarterly adjusted earnings came in at 53 cents per share, a penny lower than the Zacks Consensus Estimate […]