Mergers & Acquisitions

RDX Continues Strategic Expansion with ClearDB Acquisition

RDX Continues Strategic Expansion with ClearDB Acquisition ClearDB brings extensive intelligent Database-as-a-Service platform capabilities to the RDX service portfolio PR Newswire PITTSBURGH, Feb. 27, 2019 PITTSBURGH , Feb. 27, 2019 /PRNewswire/ — RDX , one of the largest independent providers of managed database and cloud services, today announced it has acquired ClearDB […]

Mergers & Acquisitions

Braemar Hotels & Resorts Reports Fourth Quarter And Year End 2018 Results

Braemar Hotels & Resorts Reports Fourth Quarter And Year End 2018 Results Actual RevPAR for All Hotels Increased 9.0% in the 4th Quarter Comparable RevPAR for All Hotels Not Under Renovation Increased 7.0% in the 4th Quarter Entered into an Enhanced Return Funding Program with Ashford Inc. Completed Acquisition of the Ritz-Carlton Lake Tahoe Completed Refinancing of 2-Hotel Portfolio PR Newswire DALLAS, Feb. […]

Mergers & Acquisitions

China CITIC Bank International Limited announces Results of Offer to Purchase for Cash Any and All of the US$500,000,000 Subordinated Fixed Rate Notes due 2020 (ISIN XS0520490672; Common Code 052049067) (the "Notes")

China CITIC Bank International Limited announces Results of Offer to Purchase for Cash Any and All of the US$500,000,000 Subordinated Fixed Rate Notes due 2020 (ISIN XS0520490672; Common Code 052049067) (the “Notes”) PR Newswire HONG KONG, Feb. 27, 2019 HONG KONG , Feb. 27, 2019 /PRNewswire/ — Reference is made to the press releases by China CITIC Bank International Limited (the ” Company “) dated 14 February 2019 , 25 February 2019 and 27 February 2019 (together, the ” Press Releases “) relating to the offer to purchase (the ” Offer “) for cash any and all of the Notes validly tendered (and not validly withdrawn) by holders and accepted for purchase, on the terms and conditions set forth in the tender offer memorandum dated 14 February 2019 (the ” Tender Offer Memorandum “). […]

Stock Analysts

Matador Resources (MTDR) Beats on Q4 Earnings, Reserves Grow

Matador Resources Company MTDR recently reported fourth-quarter 2018 adjusted earnings of 37 cents per share, beating the Zacks Consensus Estimate of 27 cents and also improving from the year-ago profit of 25 cents. Revenues of $289.9 million rose from the year-ago quarter’s $153.6 million and beat the Zacks Consensus Estimate of $200.5 million. Record production at the Delaware Basin backed the strong fourth-quarter results […]

Stock Analysts

Global Expansion to Drive salesforce’s (CRM) Q4 Earnings

salesforce's CRM fourth-quarter fiscal 2019 results, scheduled to be announced on Mar 4, are likely to be buoyed by growth in its cloud-based solutions globally. Notably, the company is benefiting from a robust demand environment as customers are undergoing a major digital transformation. Management mentioned that digitization is driving strategic relationships of the company […]

Technicals

Moving Average Crossover Alert: Rio Tinto

Rio Tinto plc RIO is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for RIO broke out above the 200 Day Simple Moving Average, suggesting a short-term bullish trend. This has already started to take place, as the stock has moved higher by 18% in the past four weeks. […]

Technicals

Moving Average Crossover Alert: Arch Capital

Arch Capital Group Ltd. ACGL is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for ACGL broke out above the 200 Day Simple Moving Average, suggesting a short-term bullish trend. […]

Technicals

Will Ingevity Continue to Surge Higher?

As of late, it has definitely been a great time to be an investor in Ingevity Corporation NGVT . The stock has moved higher by 2.7% in the past month, while it is also above its 20 Day SMA too. This combination of strong price performance and favorable technical, could suggest that the stock may be on the right path. […]