Month: February 2019

Mergers & Acquisitions

Danaher Announces Pricing Of Common Stock Offering And Mandatory Convertible Preferred Stock Offering

February 26, 2019 0

Danaher Announces Pricing Of Common Stock Offering And Mandatory Convertible Preferred Stock Offering PR Newswire WASHINGTON, Feb. 26, 2019 WASHINGTON , Feb. 26, 2019 /PRNewswire/ — Danaher Corporation (NYSE:DHR) (“Danaher”) announced today that it has priced concurrent offerings of 11,000,000 shares of common stock at a price to the public of $123.00 per share and 1,500,000 shares of 4.75% Series A Mandatory Convertible Preferred Stock at a price to the public of $1,000 per share (the offerings). […]

Stock Analysts

Choice Hotels on Expansion Spree, to Develop Mid-Scale Hotels

February 26, 2019 0

Choice Hotels International, Inc. CHH , which banks on solid brand presence and continual expansion for growth, has signed an agreement with Equinox Hospitality to develop mid-scale hotels. Per the terms of the agreement, three dual-brand Sleep Inn and MainStay Suites properties as well as two stand-alone Sleep Inn hotels will be developed in the Phoenix metropolitan area and California […]

Stock Analysts

Encana (ECA) to Report Q4 Earnings: What’s in the Cards?

February 26, 2019 0

Encana Corporation ECA is scheduled to release fourth-quarter 2018 results before the opening bell on Thursday, Feb 28.The current Zacks Consensus Estimate for the quarter under review is a profit of 12 cents on revenues of $1,4 billion. In the preceding three-month period, the Canadian oil and natural gas producer beat the consensus mark by 30.8% due to increased production along with higher price realizations. As far as earnings surprises are concerned, the upstream player has an excellent record, having gone past the Zacks Consensus Estimate in each of the last four reports […]

Stock Analysts

United Airlines Looking to Expand Operations to Haneda Airport

February 26, 2019 0

United Airlines — the wholly owned subsidiary of United Continental Holdings UAL — filed an application with the U.S. Department of Transportation (DOT) in a bid to expand its footprint in Japan and attract additional traffic. Notably, this Chicago-based carrier has sought permission to operate daily non-stop flights to Tokyo’s Haneda Airport from six U.S. […]

Stock Analysts

Matador, Five Point New JV to Boost Permian Midstream Assets

February 26, 2019 0

Matador Resources Company MTDR recently announced the creation of a second partnership in the Delaware Basin with a private equity firm, Five Point Energy LLC. The joint venture (JV), San Mateo II, is expected to enhance natural gas gathering and processing, along with salt water gathering and disposal operations in the Delaware formation of the Permian Basin. […]

Stock Analysts

Discovery (DISCA) Posts Earnings in Q4, Revenues Rise Y/Y

February 26, 2019 0

Discovery DISCA reported fourth-quarter 2018 earnings of 38 cents per share compared with a loss of $1.99 in the year-ago quarter. Excluding the impact of amortization of acquisition-related intangible assets net of tax, adjusted earnings were 74 cents per share. Moreover, adjusted earnings, excluding $62 million (or 8 cents per share) of after-tax restructuring and other charges, were 82 cents per share […]

Mergers & Acquisitions

4Front Strengthens Platform with Acquisitions in Massachusetts and Arizona

February 26, 2019 0

4Front Strengthens Platform with Acquisitions in Massachusetts and Arizona The acquisitions of Healthy Pharms and Greens Goddess increase 4Front’s national footprint and position it well in the Massachusetts and Arizona markets PR Newswire PHOENIX, Feb. 26, 2019 PHOENIX , Feb. 26, 2019 /PRNewswire/ — 4Front Holdings , LLC (“4Front”), a leading retail and brand development company in the U.S […]

Mergers & Acquisitions

Makivik Corporation and Inuvialuit Development Group respond to Competition Bureau report on the merger of First Air and Canadian North

February 26, 2019 0

Makivik Corporation and Inuvialuit Development Group respond to Competition Bureau report on the merger of First Air and Canadian North Canada NewsWire OTTAWA, Feb. 26, 2019 OTTAWA , Feb. 26, 2019 /CNW/ – The ownership groups of First Air and Canadian North today issued the following statement in response to the Competition Bureau’s report regarding a merger between the airlines: “While we acknowledge the Competition Bureau’s mandate to provide input to the Minister of Transport for his public interest review of the merger between First Air and Canadian North, its artificially restricted findings in this matter are of limited value and suggest a superficial understanding of the Inuit organizations proposing this solution for sustainable northern transportation […]

Mergers & Acquisitions

Top Canadian Backup and Disaster Recovery Services Firm Storagepipe Acquires Ottawa’s Leading Managed Service Provider GridWay Computing Corporation

February 26, 2019 0

Top Canadian Backup and Disaster Recovery Services Firm Storagepipe Acquires Ottawa’s Leading Managed Service Provider GridWay Computing Corporation Storagepipe acquires Gridway Computing Corporation to expand its portfolio of managed cloud and disaster recovery services and to deliver significant added value to customers. PR Newswire TORONTO, Feb. […]