Mergers & Acquisitions

RBB Bancorp Announces Receipt of Regulatory Approvals to Complete Merger with First American International Corp., Receipt of FAIC Shareholder Approval of the Merger and Appointment of Two FAIC Directors to RBB Bancorp’s Board of Directors

RBB Bancorp Announces Receipt of Regulatory Approvals to Complete Merger with First American International Corp., Receipt of FAIC Shareholder Approval of the Merger and Appointment of Two FAIC Directors to RBB Bancorp’s Board of Directors PR Newswire LOS ANGELES, Sept. 28, 2018 LOS ANGELES , Sept. 28, 2018 /PRNewswire/ — RBB Bancorp (NASDAQ: RBB) and its subsidiary, Royal Business Bank (collectively referred to herein as “the Company”), announced that at the special shareholders meeting of First American International Corp. […]

Mergers & Acquisitions

Rouse Frets and White Goss to Merge

Rouse Frets and White Goss to Merge The law firms of Rouse Frets Gentile Rhodes, LLC and White Goss, a Professional Corporation, will merge, their leaders announced today. The merger – a first of this size among Kansas and Missouri law firms – will be effective September 30. PR Newswire LEAWOOD, Kan […]

Momentum Stocks

Bull of the Day: Cigna (CI)

Health services behemoth Cigna ( CI ) earns our Bull of the Day honor today. This stock sold off at the beginning of 2018, but it has rallied strongly since then, and with the DoJ officially giving the nod to its pending merger with Express Scripts ( ESRX ), it looks like Cigna could be on the cusp of a strong growth period. Cigna is a major provider of medical, dental, disability, life, and accident insurance, working directly with massive governmental and non-governmental organizations […]

Stock Analysts

5 Reasons to Add Peabody Energy (BTU) to Your Portfolio Now

Peabody Energy Corporation ’s BTU earnings estimates have been revised upward over the past 30 days, reflecting analysts’ confidence in the stock. The Zacks Consensus Estimate for 2018 and 2019 earnings has moved 5% and 15.4% north, respectively, to $4.22 and $2.93 per share in the same time frame. Peabody Energy currently sporting a Zacks Rank #1 (Strong Buy), is a producer of coal, serving power and steel customers in more than 25 countries across six continents. […]

Stock Analysts

Cabot Corporation (CBT) Unveils High Purity Charcoal Powder

Cabot Corporation CBT introduced Norit SX Super S, a high purity charcoal powder that meets industry polycyclic aromatic hydrocarbons (PAH) specifications for use by the cosmetics industry. High purity charcoal demand is rising in consumer products such as shampoos, conditioners, toothpaste and skin cleansers due to its abrasive, adsorptive and opacifying properties. […]

Stock Analysts

Nevada August Gaming Revenues Disappoint: Avoid WYNN & LVS

Investors’ apprehension about the Gaming industry increased after Nevada Gaming Control Board pointed out that gaming revenues in the state had declined for the second straight month in August. Gaming industry, which occupies a space in the bottom 35% of the Zacks Classified industries (166 out of the 255), has witnessed a sharp decline of 14.9% in the past six months compared with the S&P 500 11.9% rally. Las Vegas & Boulder Strip Lose Most Per Nevada Gaming Control Board, casinos won nearly $913 million from gamblers in August, down 7.7% from the prior-year period […]

Stock Analysts

SEC Sues Elon Musk: What That Means For Tesla

Here’s the tweet from Aug 7 that got the charismatic and somewhat eccentric CEO of Tesla TSLA in trouble with the SEC: “Am considering taking Tesla private at $420. Funding secured.” This sent shares up as people scrambled to get ahead of the deal that inevitably raises prices in such cases. Musk’s subsequent tweet about the change in plans sent shares down, hurting some investors […]