Mergers & Acquisitions

One Rock Capital Partners Completes Acquisition Of The Engineered Components & Systems Segment From Enerpac Tool Group

One Rock Capital Partners Completes Acquisition Of The Engineered Components & Systems Segment From Enerpac Tool Group COMPANY TO BE RENAMED CENTROMOTION PR Newswire NEW YORK, Oct. 31, 2019 NEW YORK , Oct. 31, 2019 /PRNewswire/ — One Rock Capital Partners, LLC (” One Rock “), today announced that one of its affiliates has successfully completed the previously announced acquisition of the Engineered Components & Systems (“EC&S” or the “Company”) segment from Enerpac Tool Group, previously known as Actuant Corporation […]

Stock Analysts

Clorox (CLX) Beats Earnings & Sales Estimates in Q1 (revised)

The Clorox Company CLX reported first-quarter fiscal 2020 results this morning, wherein earnings beat estimates, though declined 3 cents per share year over year. Further, the company reiterated its recently lowered view for fiscal 2020, based on revised assumptions for currency rates. Shares of the Zacks Rank #4 (Sell) company has declined 2.2% year to date against the industry ’s 22% growth […]

Stock Analysts

Microsoft Wrests Pentagon Contract from Amazon

Bidding on the 10-year, $10 billion Joint Enterprise Defense Infrastructure (JEDI) project of the Department of Defense (DoD) ended with the government handing Microsoft MSFT the responsibility of modernizing its tech infrastructure late Friday afternoon. As in the case of most government contracts, there is an initial guaranteed period of two years (with a million-dollar guarantee), after which there are two renewal options of three years each, followed by another two-year option. So if all goes as expected, as is usually the case, Microsoft will make the promised $10 billion over the stated period […]

Mergers & Acquisitions

Algeco Strengthens European Presence With Acquisition of BUKO Huisvesting and BUKO Bouw & Winkels in the Netherlands

Algeco Strengthens European Presence With Acquisition of BUKO Huisvesting and BUKO Bouw & Winkels in the Netherlands PR Newswire LONDON, Oct. 31, 2019 LONDON , Oct. 31, 2019 /PRNewswire/ — Algeco Group, the leading modular space leasing business in Europe and Asia Pacific , today announces the acquisition of BUKO Huisvesting and BUKO Bouw & Winkels of the Netherlands […]