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Benzinga's M&A Chatter for Thursday May 23, 2013
May 23, 2013
The following are the M&A deals, rumors and chatter circulating on Wall Street for Thursday May 23, 2013: rue21 to be Acquired by Apax Partners for $42.00/Share in Cash The Deal:rue21 (NASDAQ: RUE )...
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category
RUE
,
Rumors
,
Benzinga
, and 7 more.
from
Latest Articles from Benzinga.com
Sears, Swinging To A Dreary Loss In Q1, Weighs Options To Keep Afloat
May 23, 2013
Sears Holdings, the struggling retail chain controlled by a reclusive hedge fund manager, continued to see fewer customers enter its stores and to need new ways to raise additional cash. Sears remains...
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category
NYSE:WMT
,
NYSE:M
,
NYSE:GPS
, and 2 more.
from
Forbes Real Time
Cadence Completes Acquisition of Cosmic Circuits
May 23, 2013
Cadence Design Systems (NASDAQ: CDNS ), a leader in global electronic design innovation, today announced that it has completed the acquisition of Cosmic Circuits Private Limited, a leading provider of...
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category
Benzinga
,
News
,
CDNS
, and 1 more.
from
Latest Articles from Benzinga.com
Gladstone Commercial Corporation Announces Property Acquisition in Blaine, MN
May 23, 2013
Gladstone Commercial Corporation (NASDAQ: GOOD ) (the "Company") reported today that it purchased a 92,275 square foot building in Blaine, Minnesota for $14.45 million from CSM Corporation. The...
Read More
category
Benzinga
,
GOOD
,
News
, and 1 more.
from
Latest Articles from Benzinga.com
Corporate Stock Buybacks Driving Today's Action?
May 23, 2013
Visit StreetInsider.com at http://www.streetinsider.com/news.php?st=p&id=8366114 for the full story.
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from
StreetInsider.com News Articles
Retail Winners, Losers to Watch: Pro
May 23, 2013
Three retailers could have farther to climb as 2013 wears on, Telsey Advisory Group CEO Dana Telsey says.
Read More
category
Guess Inc
,
tvfmwebex
,
Fast Money Halftime Report
, and 13 more.
from
CNBC.com News
Troubled Visa Settlement Takes Another Hit As Retailers File Own Suit
May 23, 2013
A $7 billion antitrust settlement over credit-card processing fees that critics say would make things worse for retailers suffered another insult today as Target, Macy's and J.C. Penney filed their own...
Read More
category
NYSE:WMT
,
NYSE:M
,
NYSE:V
, and 1 more.
from
Forbes Real Time
Large U.S. retailers sue Visa, MasterCard over card fees
May 23, 2013
A group of U.S. retailers, including Macy's Inc. and Target Corp. , sued Visa Inc. and MasterCard Inc. on Thursday, breaking off from a proposed $7.
Read More
from
FOX News
UPDATE 1-Large U.S. retailers sue Visa, MasterCard over card fees
May 23, 2013
* Merchants "opt out" of pending settlement in New York court
Read More
category
companyNews
from
Reuters: Company News
Large U.S. retailers sue Visa, MasterCard over card fees
May 23, 2013
May 23 (Reuters) - A group of U.S. retailers including Macy's Inc and Target Corp sued Visa Inc and MasterCard Inc on Thursday, breaking off from a proposed $7.2 billion settlement reached last year...
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category
companyNews
from
Reuters: Company News
Visa (V), MasterCard (MA) Sued by Retailers Over Swipe Fees - Bloomberg (TGT) (M)
May 23, 2013
Visit StreetInsider.com at http://www.streetinsider.com/news.php?st=p&id=8365528 for the full story.
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from
StreetInsider.com News Articles
25.5% Return Seen to Date on SmarTrend Macy's Call (M)
May 23, 2013
from
Comtex SmarTrend® News Briefs
rue21 Acquired by Apax Partners, Shares Surge
May 23, 2013
Thursday morning, rue21 Inc. (NASDAQ: RUE ) was acquired by private equity firm Apax Partners. Shares will be acquired for $42 each, making the value of the acquistion around 1.1 Billion. rue21 will...
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category
RUE
,
Earnings
,
Benzinga
, and 3 more.
from
Latest Articles from Benzinga.com
Trading Idea: Is Macy's Breaking Out?
May 23, 2013
New York, May 23rd (TradersHuddle.com) - Shares of Macy's, Inc. ( NYSE:M ) closed the session at $49.00 just above calculated resistance at $48.93. The stock moved to what appears to be a higher range,...
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from
TradersHuddle.com
Merck Issues Statement on FDA Advisory Committee Meeting Results for Suvorexant
May 22, 2013
Merck (NYSE: MRK ), known as MSD outside the United States and Canada, today provided the following statement after the conclusion of the Peripheral and Central Nervous System Drugs Advisory Committee...
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category
Management
,
Benzinga
,
Guidance
, and 3 more.
from
Latest Articles from Benzinga.com
Wesco Aircraft Holdings Prices 15M Share Sale of Common Stock by Carlyle Group at $16.00/Share
May 22, 2013
Wesco Aircraft Holdings, Inc. (“Wesco Aircraft” or the “Company”) (NYSE: WAIR ) today announced the pricing of the previously announced public offering of 15,000,000 shares of common stock by...
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category
Management
,
Benzinga
,
WAIR
, and 4 more.
from
Latest Articles from Benzinga.com
Commercial Vehicle Group Names Richard P. Lavin President and CEO
May 22, 2013
Commercial Vehicle Group, Inc. (NASDAQ: CVGI ), a leading supplier of fully integrated system solutions for the global commercial vehicle market, today announced that Richard P. "Rich" Lavin has been...
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category
Management
,
Benzinga
,
Guidance
, and 5 more.
from
Latest Articles from Benzinga.com
The Laclede Group Prices 8.7M Share Offering at $44.50/Share
May 22, 2013
The Laclede Group (NYSE: LG ) (the "Company") announced today that it has priced a public offering of 8,700,000 shares of its common stock at $44.50 per share. In addition, the Company has granted the...
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category
Utilities
,
Management
,
Benzinga
, and 4 more.
from
Latest Articles from Benzinga.com
Blackstone Mortgage Trust Prices 22.5M Share Offfering at $25.50/Share
May 22, 2013
Blackstone Mortgage Trust, Inc. (NYSE: BXMT) (the "Company") today announced the pricing of an underwritten public offering of 22,500,000 shares of its class A common stock pursuant to a registration...
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category
Management
,
Benzinga
,
Guidance
, and 2 more.
from
Latest Articles from Benzinga.com
FDA Recommends Running Phase 2b Trial of Repros' Proellex-V
May 22, 2013
Repros Therapeutics (NASDAQ: RPRX ) today announced it has met with the FDA regarding the clinical development of Proellex-V, the vaginally administered product, in the treatment of uterine fibroids....
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category
RPRX
,
Contracts
,
Management
, and 4 more.
from
Latest Articles from Benzinga.com
HP’s Whitman Talks of Dell ‘Cratering’ Its Financials, And the DNA of Productivity
May 22, 2013
Following this afternoon’s report by Hewlett-Packard (HPQ) of fiscal Q2 revenue that missed expectations and profit per share that beat, and a higher-than-expected forecast for this quarter, CEO Meg...
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category
restructuring
,
earnings
,
Global
, and 5 more.
from
Tech Trader Daily
Benzinga's M&A Chatter for Wednesday May 22, 2013
May 22, 2013
The following are the M&A deals, rumors and chatter circulating on Wall Street for Wednesday May 22, 2013: Clearwire Board Recommends Shareholders Approve $3.40/Share Offer from Sprint The...
Read More
category
S
,
Benzinga
,
Movers
, and 13 more.
from
Latest Articles from Benzinga.com
Terreno Realty Corporation Acquires Portfolio in Doral, FL for $23.7M
May 22, 2013
Terreno Realty Corporation (NYSE: TRNO ), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, acquired a portfolio of six buildings containing approximately...
Read More
category
Benzinga
,
News
,
TRNO
, and 1 more.
from
Latest Articles from Benzinga.com
Gladstone Commercial Corporation Announces Property Acquisition in Vance, Alabama
May 22, 2013
Gladstone Commercial Corporation (NASDAQ: GOOD ) (the "Company") reported today that it completed the forward purchase of a 170,000 square foot build-to-suit light industrial manufacturing facility in...
Read More
category
Benzinga
,
GOOD
,
News
, and 1 more.
from
Latest Articles from Benzinga.com
Reasons for Sharp Decline in SolarWinds
May 22, 2013
SolarWinds (NYSE: SWI ), a provider of IT management software, announced the purchase of N-able Technologies after the close Tuesday, resulting in shares falling sharply today and a series of analyst...
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category
Trading Ideas
,
Benzinga
,
SWI
, and 3 more.
from
Latest Articles from Benzinga.com
Clearwire: Shareholder Group Says Sprint $3.40 Bid Still Too Low
May 22, 2013
Following yesterday’s announcement by Sprint-Nextel (S) that it raised its bid to acquire the other half of broadband wireless partner Clearwire (CLWR) to $3.40 from $2.97, several large holders today...
Read More
category
wireless
,
Global
,
telecom
, and 1 more.
from
Tech Trader Daily
Celadon Trucking Services Announces the Acquisition of Hyndman Transport Limited
May 22, 2013
Celadon Trucking Services, Inc., a wholly-owned subsidiary of Celadon Group, Inc. (NYSE: CGI ), announced today that it has agreed to acquire Hyndman Transport Limited, based in Wroxeter, Ontario....
Read More
category
Benzinga
,
News
,
CGI
, and 1 more.
from
Latest Articles from Benzinga.com
Citi Analyst Says Saks Could Be Worth $19/Share in Takeover
May 22, 2013
Citi's Deborah Weinswig boosted her price target on Saks (NYSE: SKS ) Wednesday morning as investors and traders are responding to a number of rumors. Shares of Saks were up around 14 percent...
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category
Rumors
,
Benzinga
,
News
, and 6 more.
from
Latest Articles from Benzinga.com
Bernanke...Pre-Empted by Dudley
May 22, 2013
Bernanke pre-empted by Dudley: Will he throw it back into Congress' lap?
Read More
category
Charles Schwab Corp
,
TD Ameritrade Holding Corporation
,
Macy's
, and 12 more.
from
CNBC.com News
How not to screw it up: Three challenges for Yahoo
May 22, 2013
Yahoo has promised not to screw up Tumblr by taking it over. Nick Shchetko offers three lessons from other big tech acquisitions to help Yahoo keep its promise.
Read More
category
Computer Software
,
Opinion
,
Commentary
, and 14 more.
from
MarketWatch
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