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MacAndrews & Forbes Holdings Proposes Merger Transaction in Order to Acquire all M & F Worldwide Shares for $24
Monday, June 13, 2011 - 7:04am | 81MacAndrews & Forbes Holdings Inc. today announced that it has proposed a transaction pursuant to which M & F Worldwide Corp. (NYSE: MFW) would be merged with a subsidiary of M&F and all outstanding shares of common stock of MFW not owned by M&F would be converted into the right to...
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Need A COAT?
Thursday, June 9, 2011 - 12:11pm | 526Chemrez Technologies, Inc. (COAT) is one of the publicly listed companies whose stocks haven't significantly increased since the start of the 2009 bull run. It has been consolidating sideways for 3 years now and in the process, there could be a 3-year cup and handle forming with the neckline at ...
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InnerWorkings Announces Print Management Agreement with Morningstar
Thursday, June 2, 2011 - 12:14pm | 84InnerWorkings, Inc. (NASDAQ: INWK), a leading provider of managed print and promotional solutions today announced an enterprise print management agreement with Morningstar, Inc., a leading provider of independent investment research. Under the agreement, InnerWorkings will provide outsourced print...
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Biotech and Pharma News; BioSante Pharmaceuticals Completes Enrollment in LibiGel® Phase III Safety Study
Tuesday, May 31, 2011 - 9:54am | 1324LINCOLNSHIRE, Ill. - May 31, 2011 (Investorideas.com newswire) - BioSante Pharmaceuticals, Inc. (NASDAQ: BPAX), today announced completion of enrollment in its ongoing LibiGel (testosterone gel) Phase III cardiovascular and breast cancer safety study. LibiGel is in development for the treatment of...
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Tufco Technologies Announces Planned Retirement of Louis LeCalsey III
Tuesday, May 31, 2011 - 7:22am | 175Tufco Technologies (NASDAQ: TFCO) today announced that Louis LeCalsey, III will retire on September 19, 2011. Until that time, he will continue to function as President and CEO. Concurrent with Mr. LeCalsey's retirement, James F. Robinson, currently Tufco's Senior Vice President Contract...
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Lightbank Makes $1.5MM Investment In Benzinga
Thursday, May 26, 2011 - 10:22am | 557Among Groupon Co-Founders' Largest Investments; Provides Funds for Building Out Company's Business Operations, Staffing Needs, and Groundbreaking ProductsBenzinga today announced that it has received its first outside investment from Lightbank, the technology investment fund started by Groupon co-...
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UPDATE: Piper Jaffray Upgrading Acorda Therapeutics
Monday, May 23, 2011 - 6:33am | 167Piper Jaffray is upgrading shares of Acorda Therapeutics (NASDAQ: ACOR) to Neutral from Underweight, and it has a $30 price target on shares. In a note to investors, Piper Jaffray writes, "With the European Medicine Agency's (EMEA) Committee for Medicinal Products for Human Use (CHMP) reversing...
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RR Donnelley Extends Reach Into Printed Electronics Manufacturing Through Equity Investment in Solicore
Thursday, May 19, 2011 - 6:09am | 115R. R. Donnelley & Sons Company (Nasdaq: RRD) and Solicore Inc. today announced that RR Donnelley has taken an equity position in Solicore. Headquartered in Lakeland, FL, Solicore is a worldwide leader in embedded power solutions, providing patented products to manufacturers of smart cards, RFID...
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DMCI Holdings Inc (DMC) Misses The MSCI Inclusion!
Tuesday, May 17, 2011 - 9:13am | 776DMCI Holdings Inc. or DMC in the Philippine Stock Exchange was badly beaten today as its stocks plunged 11.70% to PHP41.50 after missing the MSCI Index addition. The stocks of International Container Terminals Inc. (ICT) on the other hand, went up 12.80% to PHP56.40 after its...
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RR Donnelley Announces $500 Million Debt Offering
Monday, May 16, 2011 - 6:19am | 107R.R. Donnelley & Sons Company (Nasdaq: RRD) announced today that it plans to offer $500 million of senior notes due 2018 in an underwritten public offering. RR Donnelley intends to use all or a portion of the net proceeds from the offering of the notes to fund (1) a tender offer for any and...
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Document Security Systems, Inc. Acquires Cloud Computing Company ExtraDev
Thursday, May 12, 2011 - 3:17pm | 55Document Security Systems, Inc. (NYSE: DMC), announced today that it has acquired a private cloud computing company called ExtraDev, Inc.. The acquisition of ExtraDev gives DSS the necessary information systems personnel and cloud expertise to deliver their patented AuthentiGuard DX information...
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HarperCollins and RR Donnelley Announce Intent to Enter Into Strategic Printing and Supply Chain Management Agreement
Thursday, May 12, 2011 - 9:48am | 133HarperCollins Publishers and RR Donnelley (Nasdaq: RRD) today announced their intent to enter into a breakthrough global supply chain agreement. The agreement is the first of its kind for a major general trade publisher. Under the terms of the proposed agreement, beginning in November 2011, RR...
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Earnings Roundup For May 11 (M, MT, TM, TEVA, IL, JSAIY, KID, ENB, SYIEY, GIL, AH, HESAY, BAM, KELYA, ITVPY, LABL)
Wednesday, May 11, 2011 - 7:58am | 907Macy's Inc (NYSE: M) reported its Q1 profit at $131 million, or $0.30 per share, from $23 million, or $0.05 per share, in the year-earlier period. The company's sales increased 5.7% to $5.89 billion. Its same-store sales surged 5.4%. However, analysts were expecting earnings of $0.18 per share....
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Consolidated Graphics Acquires Certain Assets of The EGT Group; Terms Not Disclosed
Wednesday, May 11, 2011 - 6:31am | 69Consolidated Graphics, Inc. (NYSE: CGX) announced today that EGT Printing Solutions has acquired certain assets of The EGT Group, headquartered in Detroit, Michigan. The EGT Group was founded in 1970 and grew to become one of the largest commercial printers in Michigan. Terms of the transaction...
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Top 4 Stocks In The Office Supplies Industry With The Highest EPS Estimates (EBF, ACU, ABD, SR)
Tuesday, May 10, 2011 - 12:54am | 151Below are the top office supplies stocks on the NYSE, the NASDAQ and the AMEX in terms of earnings estimate for the next year. The earnings estimate for Ennis Inc (NYSE: EBF) for the next year ending February, 2013 is $2.22 per share. EBF's trailing-twelve-month ROE is 13.85%. Acme United...