Mergers & Acquisitions

Centre Partners-Backed One World Fitness Acquires San Diego Fitness

Centre Partners-Backed One World Fitness Acquires San Diego Fitness PR Newswire NEW YORK, Dec. 5, 2019 NEW YORK , Dec. 5, 2019 /PRNewswire/ — One World Fitness PFF, LLC (“One World Fitness” or the “Company”), a leading owner and operator of Planet Fitness clubs in the Philadelphia metropolitan and New Jersey markets, today announced that it has acquired BMC Mgmt Inc […]

Technicals

Is Zendesk (ZEN) Outperforming Other Computer and Technology Stocks This Year?

The Computer and Technology group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Zendesk (ZEN) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? One simple way to answer this question is to take a look at the year-to-date performance of ZEN and the rest of the Computer and Technology group’s stocks […]

Mergers & Acquisitions

CenExel Clinical Research Acquires Research Centers of America

CenExel Clinical Research Acquires Research Centers of America Top Clinical Research Facility Specializing in CNS Therapeutics and Vaccine Development to Join CenExel Centers of Excellence PR Newswire SALT LAKE CITY, Dec. 5, 2019 SALT LAKE CITY , Dec. 5, 2019 /PRNewswire/ — CenExel Clinical Research, Inc., (“CenExel”) announces the acquisition of Research Centers of America (“RCA”) in Hollywood, FL , expanding their Centers of Excellence network to five of the most experienced clinical research sites in the country. […]

Stock Analysts

Ra Pharmaceuticals Begins Phase II Study on Autoimmune Drug

Ra Pharmaceuticals, Inc. RARX announced that it has begun dosing of the first patient in a phase II study of its investigational peptide C5 inhibitor, zilucoplan, for the treatment of immune-mediated necrotizing myopathy (IMNM) — a chronic, severe and debilitating autoimmune disease. The phase II study will evaluate the safety, tolerability and efficacy of zilucoplan in patients with IMNM, who are positive for anti-3- HMGCR or anti-SRP autoantibodies […]

Stock Analysts

TELUS to Augment Scale of Operations With Competence Buyout

TELUS Corporation ’s TU subsidiary, TELUS International, recently communicated that it is planning to acquire Competence Call Center (“CCC”) for approximately C$1.3 billion (nearly $1 billion). The transaction, which is subject to regulatory approvals, is expected to close in first-quarter 2020. Post completion, the Canadian telco firm is expected to emerge as a market leader in customer service by providing top-notch business process solutions to some of the world’s most established brands […]

Stock Analysts

Teladoc Adds to its Services With Tailored Nutrition Plans

Teladoc Health, Inc. TDOC continued the extension of its clinical services with the launch of Teladoc Nutrition, a series of customized nutrition counselling solutions accompanied with specialized care from a registered dietitian. Lack of proper diet is one of the major reasons for complicated health situations among Americans. […]

Stock Analysts

Lindsay Corporation Stock Down 9% YTD: Will It Bounce Back?

Shares of Lindsay Corporation LNN have declined 9% year to date against the industry ’s growth of 9%. Lindsay’s irrigation revenues continue to bear the brunt of weak farmer sentiment thanks to the sluggish North American agricultural market and trade dispute. On top of this, input cost inflations continues to put margins under pressure. […]

Stock Analysts

SemGroup Investors Nod to Energy Transfer’s Acquisition Bid

SemGroup Corporation SEMG recently announced that its shareholders voted in favour of the $5.1-billion merger contract wherein it will be acquired by the pipeline giant Energy Transfer ET . The deal, which includes the assumption of debt and liabilities, comprises $6.80 in cash and 0.7275 units of Energy Transfer for each outstanding share of SemGroup, which also implies 40% cash and 60% equity. […]