By Chris Katje: A lot has changed since the last time I wrote about Rite Aid (RAD). For starters, shares of the retail pharmacy are up 217% since my piece one year ago this week. The surge in Rite Aid's shares has been led by a return to profitability, lower debt, and an overall boom in the pharmacy market. Show More Summary
Tripp Mickle of SBJ reports on William Morris-Endeavor's plans for new acquisition
We’ve got some acquisition news to pass along to you folks regarding Antonio Tublen’s LFO as MPI Media Group today announced it has acquired all U.S. distribution and international sales rights to the film, a new science fiction thriller from Sweden. Show More Summary
A shareholder argues that Disney's acquisition came after fraud at the company. read more
On Tuesday, social media giant Twitter announced that it is buying Data as a Service (DaaS) provider Gnip for an undisclosed amount. Gnip, which is one of several companies that sell access to the firehose of the content posted on Twitter, was founded in 2008 and today offers data from a number of popular user-generated services in addition to Twitter.
VentureBeat reports that Unity Technologies has purchased mobile game analytics firm Playnomics as part of an ongoing effort to offer developers a wider suite of tools and services....
By Wall Street Playbook: Netflix (NFLX) is set to report its first-quarter earnings results on Monday. With all of the talks about a possible acquisition by Apple (AAPL) and or the fact that Apple has become a competitor, investors have...Show More Summary
Dropbox acquisition number two: Hackpad. Just after buying Loom to own your photos, Dropbox is also entering into Google Drive territory with the acquisition of Hackpad. Hackpad offers collaborative document editing tools, not unlike the services provided by Google Docs. …
Last fall, Magnify acquired Waywire in an effort to create more efficiency around video curation. The idea behind the acquisition was to combine the former's enterprise video curation business with the latter's content deals and consumer-facing technology. Read More
Following Dropbox’s acquisition of Loom, collaborative document editing service Hackpad has announced that it is joining the company. Unlike Loom, however, Hackpad will continue to support its product, which enables users to work together on a document in real-time on the Web and an iOS app. ? Hackpad is teaming up with Dropbox Image credit: Dropbox in 30 minutes / Flickr
Integra has added another arrow to its growing government contract quiver by winning a Local Integrated Services Acquisition (LISA) contract from the General Services Administration (GSA).
The $19 billion WhatsApp acquisition by Facebook is nothing if not a signal of the significant importance that messaging has in this new phase of online connectivity, in the world where people's "first computers" are their mobile handsets. Show More Summary
Michael Kaufman‘s MAK Capital One has disclosed in a filing with the Securities and Exchange Commission entering into a voting agreement with AMETEK, Inc. (NYSE:AME), under the terms of which the fund will vote in favor of the merger between Zygo Corporation (NASDAQ:ZIGO) and AMETEK. MAK Capital owns around 4.37 million shares of Zygo Corporation, the […]
Peer-to-peer lending marketplace Lending Club is announcing new funding and an acquisition this morning. The company raised $65 million from T. Rowe Price Associates, Inc., Wellington Management Company, LLP, BlackRock and Sands Capital, and $50 million in debt. And Lending Club acquired financing company Springstone Financial for $140 million in cash and stock. Read More
ByHebba Investments: The fight for control of Osisko Mining (OTCPK:OSKFF) is starting to get very interesting, as Agnico-Eagle (AEM) just threw itself into the ring with a joint friendly takeover bid to beat Goldcorp's (GG) hostile advances. Show More Summary
Investment bank Morgan Stanley says its first-quarter income rose 18% from a year ago, helped by its trading and merger and acquisitions advisory businesses. Morgan Stanley earned $1.4 billion, up... To view the full story, click the title link.
You will soon start seeing ads on Twitter's mobile app for other apps. The company announced a mobile app install suite on Thursday, which leverages Twitter's 2013 MoPub acquisition to let advertisers both on Twitter and off Twitter Twitter...Show More Summary
Today, Yahoo launches new Flickr apps for Android and iOS. They include the ability to shoot video in the apps, or upload it directly. There is also better search, more detailed statistics for individual photos and a redesigned interface that’s had a lot of the crap scraped off of the interface to present you with Read More
ByCasey Hoerth: For those long Linn Energy (LINE) or LinnCo (LNCO), 2014 has thus far been a bit disappointing despite the conclusion of the SEC inquiry and the execution of the acquisition of Berry Petroleum. Linn's quarterly guidance was disappointing, as were full-year results for 2013. Show More Summary
By Shaun Currie, CFA: Ignite Restaurant Group (IRG) has struggled to find success since its acquisition of Macaroni Grill, and the company's stock has performed accordingly (the stock price has fallen 30% since mid-2013). I won't argue...Show More Summary