Mergers & Acquisitions

IDI Gazeley Becomes IDI Logistics

IDI Gazeley Becomes IDI Logistics Name reflects 30 years in industry, sale of Gazeley IDI Logistics remains a portfolio company of Brookfield Asset Management PR Newswire ATLANTA, Jan. 3, 2018 ATLANTA , Jan. […]

Mergers & Acquisitions

Bostik Completes Acquisition of XL Brands

Bostik Completes Acquisition of XL Brands PR Newswire PARIS, January 3, 2018 PARIS , January 3, 2018 /PRNewswire/ — Bostik completed the acquisition of XL Brands, among the leaders in floor covering adhesives in the United States , on 2 January. (Logo: http://mma.prnewswire.com/media/529564/Bostik_Logo.jpg ) (Photo: http://mma.prnewswire.com/media/623973/XL_Brands_Facility.jpg ) With this acquisition, which complements the acquisition of CMP in May 2017 , Arkema actively pursues the development of Bostik which should exceed one third of the Group’s sales by 2023. A bout Bostik , an Arkema company Bostik is a leading global adhesive specialist in construction, consumer and industrial markets. […]

Stock Analysts

Northrop Grumman Wins $255M Deal for MQ-4C Triton Production

Northrop Grumman Corp .’s NOC Northrop Grumman Systems Corp. unit recently secured a modification contract worth $255.3 million for low-rate initial production (LRIP) of three MQ-4C Triton unmanned aircraft from the 3rd Lot. Per the terms of the deal, the company will manufacture trade studies and tooling to support the Persistent Maritime Unmanned Aircraft Systems Program Office […]

Mergers & Acquisitions

ArcLight Capital Acquires Interest in Deepwater Perdido Platform from BP

ArcLight Capital Acquires Interest in Deepwater Perdido Platform from BP Perdido platform is the only facility serving one of the most prolific areas of the Gulf of Mexico PR Newswire BOSTON, Jan. 3, 2018 BOSTON , Jan. 3, 2018 /PRNewswire/ — ArcLight Capital Partners announced today that one of its affiliates has acquired a 26.5% non-operated interest in the Perdido Regional Host from BP Exploration & Production Inc. […]

Mergers & Acquisitions

Universal Tennis Builds Momentum for UTR – Announces New CEO, Ownership and Partners

Universal Tennis Builds Momentum for UTR – Announces New CEO, Ownership and Partners Universal Tennis announces new CEO Mark Leschly, seasoned and experienced partners group and strategic partnership with Tennis Channel PR Newswire SAN FRANCISCO, Jan. 3, 2018 SAN FRANCISCO , Jan. 3, 2018 /PRNewswire/ — Universal Tennis announced a series of strategic moves today that sets the stage for Universal Tennis Rating (UTR) to continue its positive impact on the sport by providing tennis players worldwide with a single, unifying language and standard: Universal Tennis announced Mark Leschly , Founder and Managing Partner of Iconica Partners, has come on as principal owner, Chairman and CEO […]

Stock Analysts

5 Breakout Stocks Offering Terrific Returns

Utilizing a breakout investment strategy is a natural choice for active investors who settle for nothing less than superlative returns. This involves zeroing in on stocks trading within a tight range and buying them when they step out of this band. In keeping with this approach, they are offloaded whenever they move below this narrow band. […]

Stock Analysts

Can Kohl’s (KSS) Strategies Sustain Comps Growth in 2018?

While many retailers are grappling with receding store sales, amid increasing preference for online shopping, Kohl’s Corporation KSS has been gaining from improved store traffic since the first half of 2017. The upside is mainly driven by the company’s dedicated omnichannel efforts combined with efficient brand management. Additionally, the company is on track with innovation and inventory management efforts […]