US News

What are the details? Momo Inc. (Nasdaq:MOMO), a leading mobile social networking platform in China, today announced that its board of directors has received a non-binding proposal letter, dated June 23, 2015, from Mr. Yan Tang, co-founder, chairman and chief executive officer of Momo, Matrix Partners China II Hong Kong Limited, Sequoia Capital China Investment […]

New Fund Uses Dynamic Allocation Approach to Minimize Risk of Significant Loss Due to Market Downturn, Without Sacrificing Upside Potential of Capital Markets Janus Capital Group Inc. (NYSE:JNS) today announced the launch of the Janus Adaptive Global Allocation Fund that aims to provide investors total returns by dynamically allocating assets across a portfolio of global […]

Deal for Bird Preservation at International Mining Site LRAD Corporation (Nasdaq:LRAD), the world’s leading provider of advanced mass notification and Long Range Acoustic Device systems, today announced a $672,000 follow-on order for LRAD 1000X systems at an international mining site. The LRAD systems will be integrated with radar from DeTect, Inc., the world leader in […]

Will the stock price hit the intended target? Northrop Grumman Corporation (NYSE:NOC) has been awarded a delivery order from the Defense Microelectronics Activity (DMEA) to deliver an advanced anti-missile system to the Air National Guard and Air Force Reserve Command. Under the terms of the $31.7 million contract, Northrop Grumman will deliver three modernized third-generation […]

What are the details? Transcat, Inc. (Nasdaq:TRNS), a leading provider of accredited calibration and compliance services and distributor of professional grade handheld test, measurement and control instrumentation, announced today that it has acquired, effective June 22, 2015, Calibration Technologies, Inc.. Headquartered in Morris Plains, New Jersey, Calibration Technologies specializes in...

Who will be taking over? Glacier Bancorp, Inc. (Nasdaq:GBCI) today announced that the company is expanding its executive management team with the addition of Randall M. “Randy” Chesler. Chesler will serve in the newly created position of President of Glacier Bank, the company’s sole banking subsidiary, and will immediately be appointed to the board of […]

What are the detials? Rosneft and BP today have signed several agreements strengthening the long term strategic relationship between the two companies, at the St. Petersburg International Economic Forum. Rosneft and BP signed final binding agreements for Rosneft’s sale to BP of a 20 per cent share of Taas-Yuryakh Neftegazodobycha (Taas), creating a new joint […]

Louisiana Bancorp will receive $24.25 per share Home Bancorp, Inc. (Nasdaq:HBCP), the holding company of the 106-year-old Home Bank, N.A., and Louisiana Bancorp, Inc. (Nasdaq:LABC), the holding company of the 105-year-old Bank of New Orleans, jointly announced today the signing of a definitive agreement under which Home Bancorp will acquire Louisiana Bancorp for an aggregate […]

What are the details? West Corporation (Nasdaq:WSTC) today announced an underwritten public offering of 7,000,000 shares of common stock by certain of its existing stockholders. All of the shares of common stock in the offering will be sold by investors related to Thomas H. Lee Partners, L.P. and Quadrangle Group LLC. The selling stockholders anticipate […]

What have the shareholders and Directors approved? Zogenix, Inc. (Nasdaq:ZGNX), a pharmaceutical company developing and commercializing products for the treatment of central nervous system (CNS) disorders, announced today that at the annual general meeting of shareholders held earlier today, shareholders voted to approve a proposal authorizing the board of directors of the Company to amend...