Stock Analysts

SVB Financial Closes Leerink Buyout, Expands Into Healthcare

SVB Financial Group SIVB has completed the acquisition of Boston-based Leerink Holdings LLC — an investment bank focused on the healthcare and life science industries — for $280 million in cash. The deal was announced in November 2018. Apart from paying cash to acquire Leerink, SVB Financial will be paying $60 million over five years as a retention pool for employees […]

Stock Analysts

SYNNEX (SNX) to Report Q4 Earnings: What’s in the Cards?

SYNNEX Corporation SNX is slated to release fourth-quarter fiscal 2018 results on Jan 10. Notably, the company surpassed the Zacks Consensus Estimate in each of the trailing four reported quarters, the average positive surprise being 3.38%. In the last reported quarter, the company’s earnings and revenues beat the Zacks Consensus Estimate as well as the guided range […]

Technicals

Moving Average Crossover Alert: Cactus

Cactus, Inc. WHD could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for WHD broke out below the 200 Day Simple Moving Average, suggesting short-term bearishness. […]

Stock Analysts

Why Should You Hold Onto Eastman Chemical Stock for Now?

Eastman Chemical Company EMN is gaining from strong growth in its specialty businesses, its cost management actions and synergies of acquisitions amid headwinds from higher raw material prices. Shares of the chemical maker, which currently carries a Zacks Rank #3 (Hold), have lost 23.2% over the past year, outperforming the 27.8% decline of its industry . What’s Going in EMN’s Favor? […]

Mergers & Acquisitions

Phoenix Investors Concludes 2018 With Two Year End Industrial Acquisitions

Phoenix Investors Concludes 2018 With Two Year End Industrial Acquisitions Company expands footprint into twenty-fourth state PR Newswire MILWAUKEE, Jan. 7, 2019 MILWAUKEE , Jan. 7, 2019 /PRNewswire/ — Affiliates of Phoenix Investors (” Phoenix “), a national private commercial real estate firm headquartered in Milwaukee, Wisconsin , announced they acquired two mission critical industrial complexes from unrelated sellers located within proximity to Jefferson City, Missouri (“Jefferson Property”) and Peoria, Illinois (“Peoria Property”) […]

Mergers & Acquisitions

Lingo Announces Closing of Impact Telecom Acquisition

Lingo Announces Closing of Impact Telecom Acquisition Transaction creates a leading global telecom and managed service provider dedicated to serving the SMB, Carrier and Consumer markets PR Newswire ATLANTA, Jan. 7, 2019 ATLANTA , Jan. 7, 2019 /PRNewswire/ — Lingo Communications, LLC (“Lingo”), a leading nationwide network service provider dedicated to serving the SMB and Consumer markets, announced today that on December 31, 2018 , it closed its previously announced acquisition of TNCI Impact LLC (“Impact”) in an all-cash transaction […]