Alaska Air, Virgin America Said to Delay Merger to Give Regulators More Review Time

Alaska Air, Virgin America Said to Delay Merger to Give Regulators More Review Time

Alaska Air Group and Virgin America are said to delay their $2.6 billion proposed tie-up to give the US Department of Justice additional time to assess the proposal, Bloomberg reported, citing a person familiar with the matter. The airlines had originally agreed not to close until Sept. 30, effectively setting a deadline for regulators to make their decision. Airline representatives met with antitrust division chief Renata Hesse and other officials […]

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EchoStar, Xavient Information Systems Expand Long-Time Partnership

EchoStar, Xavient Information Systems Expand Long-Time Partnership

Information technology provider Xavient Information Systems said Tuesday it has expanded its relationship with EchoStar, a global provider of satellite and video delivery solutions. Xavient has provided IT and engineering services to EchoStar since 2003 and over the last year has added development, support and testing platforms across various consumer level applications catering to the over-the-top (OTT) industry. Though Xavient’s OTT Lab, the firm tests the performance and functionality of […]

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General Motors & Canadian Autoworkers’ Union Resume Talks

General Motors & Canadian Autoworkers’ Union Resume Talks

General Motors Company and Unifor, Canada’s autoworkers union, resumed talks early Monday ahead of a midnight strike deadline, having made little progress over the weekend to resolve the key issue of new investment, according to a report from Reuters that cited the union as saying. Shares climbed 0.9%. GM and the union have been divided over the latter’s demands that the company commit to building new vehicle models at its […]

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Titan Machinery Buys Back Additional $24 Million in Convertible Notes

Titan Machinery Buys Back Additional $24 Million in Convertible Notes

Titan Machinery shares were lower over 3% on Wednesday as the operator of agricultural and construction equipment stores said it has made additional repurchases of senior convertible notes. “Our continued reduction in inventory and the accompanying positive operating cash flow, has enabled us to retire our convertible notes by an additional $24 million ahead of the maturity date and at a meaningful discount,” CEO David Meyer said in a statement. […]

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Liberty Media Acquires Motorsports Company Formula One

Liberty Media Acquires Motorsports Company Formula One

Liberty Media, which owns a series of media, communications and entertainment businesses, said late Wednesday that it has agreed to acquire motorsports company Formula One for $8 billion from a consortium of sellers. Liberty will acquire 100% of Delta Topco, the parent of Formula One, using shares of its tracking stock, which falls under the LMCK ticker, Liberty said in a statement. Concurrently, Liberty acquired 18.7% of Formula One for […]

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A Look at Why RBC Capital Markets Lowered their Price Target on Flextronics International Ltd.(NASDAQ:FLEX) to $13 from $14.

A Look at Why RBC Capital Markets Lowered their Price Target on Flextronics International Ltd.(NASDAQ:FLEX) to $13 from $14.

On October 4 Equity Analysts Amit Daryanani, CFA, Mitch Steves and Associates Irvin Liu and Jeriel Ong of RBC Capital Markets Equity Research Lowered their Price Target on Flextronics International Ltd.(NASDAQ:FLEX) to $13 from $14. and Issued a report titled ”Adjusting Estimates To Reflect Challenging Macro In H2:15.” According to the report ”We are adjusting our estimates lower on FLEX to reflect multiple headwinds that we think will curtail revenue […]

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The Inside Scoop on Why Deutsche Bank Reiterated their $36 Buy Rating on TerraForm Power Inc(NASDAQ:TERP)

The Inside Scoop on Why Deutsche Bank Reiterated their $36 Buy Rating on TerraForm Power Inc(NASDAQ:TERP)

On October 4 research analyst Vishal Shah and research associate Jerimiah Booream-Phelps Reiterated their $36 Buy Rating on TerraForm Power Inc(NASDAQ:TERP) and issued a report titled ”Takeaways from Management Meeting.” Overall thoughts on the meeting were ”We walked away incrementally more positive after meeting TERP management team. We expect concerns over near term capital raise to fade over the next few months as the company executes on closing the VSLR […]

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Oppenheimer Initiates Buy Rating on Rockwell Medical Inc (NASDAQ:RMTI)

Oppenheimer Initiates Buy Rating on Rockwell Medical Inc (NASDAQ:RMTI)

Equity Analyst Ling Wang, CFA of Investment Research Firm Oppenheimer issued a research report and ”outperform” rating on Rockwell Medical Inc (NASDAQ:RMTI) titled ”Management Update—Buying On Weakness/Reiterate Outperform & $26 PT” on September 28 with a $26 12 to 18 month price target. Ling Wang, CFA stated ”RMTI shares have declined significantly (down ~25% YTD) along with the highly volatile biotechnology market. With the stock trading even below the level […]

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AdLarge Media Signs Exclusive National Advertising Sales Agreement To Represent “The National Marijuana News” Radio Program

AdLarge Media Signs Exclusive National Advertising Sales Agreement To Represent “The National Marijuana News” Radio Program

AdLarge Media has announced an agreement for exclusive, national advertising sales representation of The National Marijuana News (TNMNews), the unbiased news/talk program focused on the political, economic, medical, and social implications of the rapidly evolving marijuana industry. “How marijuana fits into our culture is a conversation that is taking place across America, and the public wants the kind of balanced information that TNMNews delivers,” observed Jessica Sherman, Senior Director, Affiliate […]

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Cannabis Kinetics Corp. to Launch Re-Branded Monarch America Social Media Strategy

Cannabis Kinetics Corp. to Launch Re-Branded Monarch America Social Media Strategy

Cannabis Kinetics Corp. (“Cannabis Kinetics” or the “Company”) (pending name change to Monarch America Inc.) is pleased to announce the Company’s plan to launch its re-branded social media presence and strategy. “Re-branding our established social media presence as Monarch America and implementing an effective pro-active social media strategy will be an important factor to our success going-forward as we communicate our new expanded multifaceted business model, particularly outside the marijuana […]

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