Mergers & Acquisitions

Virtua Acquires Lourdes Health System

Virtua Acquires Lourdes Health System South Jersey Residents to Receive Greater Access to Care through Coordinated, Complementary Services PR Newswire MARLTON, N.J., July 1, 2019 MARLTON, N.J. , July 1, 2019 /PRNewswire/ — Effective July 1, 2019 , Virtua has assumed ownership of Lourdes Health System, a transaction that reshapes health care in South Jersey. […]

Mergers & Acquisitions

Ameris Bancorp Completes Acquisition Of Fidelity Southern Corporation and Announces Appointment Of New CEO

Ameris Bancorp Completes Acquisition Of Fidelity Southern Corporation and Announces Appointment Of New CEO PR Newswire JACKSONVILLE, Fla., July 1, 2019 JACKSONVILLE, Fla. , July 1, 2019 /PRNewswire/ — Ameris Bancorp (NasdaqGS: ABCB) (the “Company”) announced today that it completed the acquisition of Fidelity Southern Corporation (NasdaqGS: LION) (“Fidelity”) as of July 1 , 2019. […]

Mergers & Acquisitions

PADNOS Grows Recycling Network Through Acquisition of Regal Recycling

PADNOS Grows Recycling Network Through Acquisition of Regal Recycling Combined with its partner, GLR Advanced, the partnership will have 26 locations throughout Michigan PR Newswire HOLLAND, Mich., July 1, 2019 HOLLAND, Mich. , July 1, 2019 /PRNewswire/ — Today, PADNOS announced the acquisition of Regal Recycling of Howell, Michigan . The acquisition will include 2 locations: Howell which will be operated by PADNOS and Whitmore Lake which will be operated by GLR Advanced Recycling (partner of PADNOS). […]

Momentum Stocks

Bear of the Day: Micron (MU)

Micron ( MU ) has fallen back into the cellar of the Zacks Rank, despite top and bottom line beats for the company's Q3 FY19 (ended May). Micron reported non-GAAP earnings per share of $1.05, which surpassed the Zacks Consensus Estimate of 75-cents, yet were dramatically lower than the year-ago quarter’s figure of $3.15. Micron’s revenues of $4.8 billion exceeded the Zacks Consensus Estimate of $4.66 billion but dropped around 33% on a year-over-year basis. […]

Mergers & Acquisitions

KJK Sports Announces the Signing of an Agreement for the Purchase of 100% of Baltic Bicycle Trade UAB

KJK Sports Announces the Signing of an Agreement for the Purchase of 100% of Baltic Bicycle Trade UAB PR Newswire LUXEMBOURG, July 1, 2019 LUXEMBOURG , July 1, 2019 /PRNewswire/ — KJK Fund III S.C.A. SICAV-RAIF, as advised by KJK Management SA, and acting through its wholly-owned Luxembourg -based sporting goods investment company, KJK Sports (all together ” KJK “), is pleased to announce that it has signed a definitive agreement with Asgaard A/S from Denmark and Litcapital I from Lithuania for the purchase of 100% of the shares of Baltic Bicycle Trade UAB, the parent company of Baltik Vairas based in Šiauliai, Lithuania . […]