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ZF & TRW To Be 2nd Largest Auto Parts Company - or Not?

Sep 15 2014 @ 13:05
As automotive parts manufacturers from around the world assemble for the opening of Automechanika in Frankfurt, unlisted German company ZF and U.S.-based TRW (NYSE:TRW) have announced that the former will acquire the latter for $13.5 billion in cash or $105.60 per share. TRW’s share price is currently 103.01, down less than a percentage point from Friday’s […]
 

Defense Companies on the Offensive

Sep 15 2014 @ 11:50
With “wars and rumors of wars” continuing to grow out of the general region of the Middle East, I decided to take a look at how the fortunes and share prices of the top five contractors to the U.S. Department of Defense have been doing. It seems to me that when we talk about the […]
 

El Pollo Loco expands operations

Sep 14 2014 @ 15:44
Los Pollos Hermanos has new competition? Today, El Pollo Loco (Nasdaq:LOCO), the nation’s leading fire-grilled chicken restaurant chain, celebrated the grand opening of its newest restaurant located at Howe Ave and Hurley Way, in Sacramento. The festivities included remarks by elected officials, including representatives for Assembly Member Ken Cooley’s office and...
 

What Do You Think About Apple?

Sep 11 2014 @ 10:58
If someone asked that question 60 years ago, the most common answer might have been, “An apple a day keeps the doctor away.” Asked 40 years ago, one might have replied, “The Beatles record label? I love it!” Asked 30 years ago, the answer might have been, “Do you mean the company that is making […]
 

What's Wrong With McDonald's?

Sep 10 2014 @ 13:54
The share price of mega-fast food chain McDonald’s (NYSE:MCD) hit a 52-week low yesterday at 91.09 following its disappointing report on global comparable sales. Sharees opened this morning at 90.84, before rebounding enough to recover all of the loss suffered on 09 September. Keep in mind that at its current 92.64, it is still in […]
 

Alibaba IPO - What We Know

Sep 08 2014 @ 14:37
The anticipated Alibaba IPO is about to become a reality. We now know that it will take place on 18 September, that only “friends and family” will be able to purchase on that date before public trading commences on the NYSE the following day, and that the company’s ticker symbol will be BABA (NYSE:BABA). We […]
 

Hill International lays out new $51m deal

Sep 08 2014 @ 13:02
Deal to manage construction of theme parks development in Dubai Hill International (NYSE:HIL), the global leader in managing construction risk, announced today that it has received a contract from Meraas Leisure and Entertainment LLC to provide show and ride construction management consultancy services in connection with Phase 1 of the Dubai Parks development in Dubai, […]
 

Mitel targets mid to barge businesses with MiCloud

Sep 08 2014 @ 12:58
Company says it will offer “Best path to cloud communications” Mitel (Nasdaq:MITL) (TSX:MNW), a provider of business communications, has said it is now offering MiCloud Enterprise service in the U.S. based on the success of early adopters. “A growing number of large companies have transformed their communications with MiCloud Enterprise, moving to our attractive cloud […]
 

Empyrean Energy release final results

Sep 08 2014 @ 12:45
Final Results Empyrean Energy, a US onshore oil, gas and condensate exploration, development and production company with assets in Texas and California, has announced its final results for the year ended 31 March 2014. Highlights: · Record financial results and production following a significant step-up in production at flagship Marathon Oil operated Sugarloaf AMI project […]
 

Symmetry Medical receives Hart-Scott-Rodino clearance

Sep 07 2014 @ 08:08
Files Initial Symmetry Surgical Registration Statement on Form S-4 With SEC Symmetry Medical Inc. (NYSE:SMA), a leading global source of innovative medical device solutions, including surgical instruments, orthopedic implants, and sterilization cases and trays, announced today the Federal Trade Commission has granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust...
 
 
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