Stock Analysts

Carlyle Group Concludes Majority Stake Buyout in Sedgwick

Recently, The Carlyle Group LP CG completed the acquisition of majority stake in Sedgwick. The company fully replaced Sedgwick’s current majority shareholder KKR, in a deal valued at about $6.7 billion, announced in September 2018. Equity portion of the investment was funded by Carlyle Partners VII, an $18.5-billion fund that carries out buyout transactions in the United States, and Carlyle Global Financial Services Partners III, L.P., a dedicated financial services buyout fund […]

Stock Analysts

Is a Hold Strategy Apt for Taubman Centers’ (TCO) Stock Now?

Retail real estate investment trust (REIT) Taubman Centers TCO will likely benefit from a solid retail real estate portfolio consisting of highly productive malls in posh locations and increasing demand for retail goods amid strengthening of the economy. Notably, these regional malls have high average sales productivity, attracting high-quality national retailers. This ensures a steady source of rental revenues for the company. […]

Stock Analysts

Iron Mountain Buys Lane Archive Technologies in Philippines

Iron Mountain Incorporated IRM recently added eight facilities in its portfolio through the acquisition of Lane Archive Technologies Limited in Philippines. The facilities located in Manila, Davao and Cebu will strengthen the company’s existing portfolio in the country, and enable it to provide records and data management and destruction services to around 1,000 customers. […]

Stock Analysts

5 Top Dividend Aristocrats to Buy in 2019

Wall Street may have seen a Santa Claus rally by the end of last year, but that wasn’t enough to salvage a disappointing year. Investors’ appetite for riskier assets like stocks took a beating in 2018, with the major bourses seeing the worst year since 2008. Few market pundits could predict such neck-breaking market gyrations in 2018 after an unusually calm 2017 […]

Stock Analysts

6 Reasons Why You Should Invest in Cullen/Frost (CFR) Stock

Cullen/Frost Bankers CFR appears to be a promising buying option now on the back of its sound organic growth strategies. Further, improving earnings performance and a strong capital and liquidity profile are likely to support profitability. Further, the recent interest rate hike is anticipated to support the top line. […]

Mergers & Acquisitions

HJB Merges with MabSpace Biosciences to Form Transcenta Holding, a Fully Integrated Leading Global Biotherapeutics Company

HJB Merges with MabSpace Biosciences to Form Transcenta Holding, a Fully Integrated Leading Global Biotherapeutics Company PR Newswire HONG KONG, SHANGHAI, SUZHOU and HANGZHOU, China, Jan. 1, 2019 HONG KONG , SHANGHAI , SUZHOU and HANGZHOU, China , Jan. 1, 2019 /PRNewswire/ — HJB and MabSpace Biosciences (MabSpace) today announced that the two companies have entered into a definitive merger agreement to create Transcenta Holding Ltd […]

Mergers & Acquisitions

Iron Mountain Acquires Lane Archive Technologies Limited, Expanding Operational Presence in the Philippines

Iron Mountain Acquires Lane Archive Technologies Limited, Expanding Operational Presence in the Philippines PR Newswire MANILA, Philippines, Jan. 1, 2019 MANILA, Philippines , Jan. 1, 2019 /PRNewswire/ — Iron Mountain Incorporated (NYSE: IRM), the global leader in storage and information management services, today announced the acquisition of Lane Archive Technologies Limited in the Philippines , expanding the company’s presence in the country […]

Mergers & Acquisitions

Cobalt 27 Announces Friendly Acquisition of Highlands Pacific to Create a Leading High-Growth, Diversified Battery-Metals Streaming Company

Cobalt 27 Announces Friendly Acquisition of Highlands Pacific to Create a Leading High-Growth, Diversified Battery-Metals Streaming Company PR Newswire TORONTO, Jan. 1, 2019 Transaction expected to add increased attributable nickel and cobalt production from a long-life, world-class mine TSX Venture: KBLT OTCQX: CBLLF FRA: 27O TORONTO , Jan. 1, 2019 /PRNewswire/ – Cobalt 27 Capital Corp. […]

Technicals

Will General Dynamics (GD) Beat Estimates Again in Its Next Earnings Report?

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? General Dynamics (GD), which belongs to the Zacks Aerospace – Defense industry, could be a great candidate to consider. This defense contractor has an established record of topping earnings estimates, especially when looking at the previous two reports […]