Stock Analysts

Middleby (MIDD) Beats on Q4 Earnings, To Buy Standex’s Unit

The Middleby Corporation MIDD reported better-than-expected results for the fourth quarter of 2018, delivering positive earnings surprise of 9.8%. In addition to results and the solid guidance, this machinery company impressed the market with the announcement of an agreement to acquire Cooking Solutions Group of Standex International Corporation SXI . […]

Technicals

Jazz Pharmaceuticals (JAZZ) Surges: Stock Moves 7.9% Higher

Jazz Pharmaceuticals plc JAZZ was a big mover last session, as the company saw its shares rise nearly 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $121.81 to $128.68 in the past one-month time frame. […]

Mergers & Acquisitions

National Gift Card (NGC) acquires digital payments technology and fundraising company, Benefit Mobile

National Gift Card (NGC) acquires digital payments technology and fundraising company, Benefit Mobile Strategic merger between leading physical and digital gift card fulfillment provider and technology-forward digital payments and fundraising platform creates company with the ability to revolutionize the branded currency and gift card industry PR Newswire CRYSTAL LAKE, Ill., Feb. 28, 2019 CRYSTAL LAKE, Ill. , Feb. […]

Mergers & Acquisitions

Western Gas Completes Simplification and Acquisition Transactions

Western Gas Completes Simplification and Acquisition Transactions Western Gas Equity Partners, LP Renamed Western Midstream Partners, LP; Will Trade Under NYSE Ticker “WES” PR Newswire HOUSTON, Feb. 28, 2019 HOUSTON , Feb. 28, 2019 /PRNewswire/ — Western Gas Equity Partners, LP (“WGP”) and Western Gas Partners, LP (“WES”) today announced the completion of their previously announced merger of a wholly owned subsidiary of WGP with and into WES, with WES continuing as the surviving entity and a subsidiary of WGP (the “Merger”). […]

Mergers & Acquisitions

Neighborly Acquires Dream Doors

Neighborly Acquires Dream Doors Deal with U.K.-based brand grows the company to 22 service brands, $2 billion in annual system-wide sales and nearly 3,700 franchisees PR Newswire WACO, Texas, Feb. 28, 2019 WACO, Texas , Feb. 28, 2019 /PRNewswire/ — Neighborly , the world’s largest franchisor of home service brands, has announced the acquisition of Dream Doors, a premium kitchen makeover and bedroom wardrobe franchisor based in the United Kingdom […]

Stock Analysts

GE Intends to Lower Debt Burden, Boost Dividend Payments

In a recent letter to shareholders, General Electric Company ’s GE CEO Larry Culp announced his intention to make the company’s more competent by improving its financial position through debt reduction and strengthening core businesses. Shares of the industrial conglomerate jumped 1.22% yesterday, ending the trading session at $10.79. Of late, the company has been focusing on a disciplined financial strategy to reduce leverage at both its industrial businesses as well as GE Capital […]