Month: August 2019

Mergers & Acquisitions

KBS Strategic Opportunity REIT, Inc. to Acquire Reven Housing REIT, Inc. for $56.85 Million in Equity Value

August 31, 2019 0

KBS Strategic Opportunity REIT, Inc. to Acquire Reven Housing REIT, Inc. for $56.85 Million in Equity Value – Delivers superior value to Reven stockholders – Includes approximately 1,000 single-family units, developing SOR’s footprint in core Southeast and Southwest markets – Further develops SOR’s corporate and public REIT investment platform – Strategic fit with SOR’s global capital market presence PR Newswire NEWPORT BEACH, Calif […]

Stock Analysts

Manitowoc (MTW) Down 17% Year to Date: Will It Bounce Back?

August 30, 2019 0

The Manitowoc Company ’s MTW focus on product innovation, solid aftermarket business, cost control, improving productivity and pricing actions are commendable. However, shares of the company have lost 16.8% year to date compared with the industry ’s decline of 7.3%. This downside can be primarily attributed to muted customer spending on account of the ongoing trade disputes and geopolitical uncertainties. […]

Stock Analysts

5 Value Picks That Will Go a Long Way

August 30, 2019 0

Value investing is about picking stocks that are trading below their intrinsic value. It should have been easy enough to do, through a comparison of the price to earnings multiple of the company and its peer group (or the S&P 500), or any other criterion you prefer to use for comparison. But of course it isn’t that simple, or everyone would have been doing it […]

Stock Analysts

Sprint Collaborates With Ericsson to Improve Video Analytics

August 30, 2019 0

Sprint Corporation S recently unveiled a state-of-the-art video analytics solution to facilitate business enterprises to make informed and timely decisions to avert any potential crisis and improve operational efficiency. Dubbed Curiosity Smart Video Analytics, the product was developed in conjunction with technology partners Ericsson ERIC and Hitachi Vantara — a data storage system provider and wholly owned subsidiary of Hitachi Ltd. Leveraging AI and IoT, this highly adaptable solution delivers automated alerts and advanced video analytics technology to redefine the critical security operations of diverse business entities. […]