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Tech Data Shareholders Thankful for Apollo Global's Raised Buyout Offer

Shares of Tech Data Corp. traded 12% higher today after Tiger Midco LLC, an affiliate of Apollo Global, raised its takeover bid for the company to $145 per share, an 11.54% increase over its prior $130 per share offer earlier this month. Global wholesale distributor o...

Myriad Genetics Shares Fall 30% on Q2 Earnings and Executive Leadership Change

Shares of Myriad Genetics traded 30% lower after the firm released Q2/20 earnings and announced the appointment of a new interim CEO. After U.S. markets closed yesterday afternoon, global molecular diagnostics and precision medicine company Myriad Genetics Inc. (M...

Oil & Gas Company Increases Credit Term Facility to Fund Second Well

The terms and the reason are presented in a Mackie Research Capital Corp. report. In a Nov. 1 research note, Mackie Research Capital Corp. analyst Bill Newman reported that Touchstone Exploration Inc. (TXP:TSX; PBEGF:OTC.MKTS) increased its term credit facility to $...

Tallgrass Energy Shares Rise 20% on Blackstone Partners Acquisition Deal

Shares of Tallgrass Energy LP traded 20% higher after the firm advised that it entered into a definitive merger agreement with Blackstone Infrastructure Partners to acquire all of the company's publicly held outstanding class A shares for $22.45 per share in cash. Mid...

Healthcare Firm Changes Name to Reflect Digital Health and Telemedicine Focus

Premier Health Group announced that it changed its name to CloudMD Software & Services Inc., and trading under the symbol DOC will begin Feb. 24. Photo courtesy of IntelFreePress, Wikimedia Commons In a news release , Vancouver, B.C.-ba...

PDC Energy's $1.7 Billion Acquisition of SRC Energy Sends Both Shares Higher

This morning PDC Energy announced that it will acquire SRC Energy in an all-stock deal valued at $1.7 billion. Shares of both companies are trading higher today on the merger news. Early this morning before the market open PDC Energy Inc. (PDCE:NASDAQ) and SRC Ener...

What Do These Three Charts Have in Common?

Bob Moriarty of 321gold provides three charts for readers. Hint: That's what massive tops look like. Don't tell anyone else, I want to keep it a secret between you and me. Bob Moriarty founded 321gold.com , with his late wife, Barbara Moriarty, more...

'Data Readouts Approaching in Two Pivotal Trials' for Biopharma Targeting Unmet Needs

The next steps for each of the programs are outlined in a Dawson James Securities report. In an Aug. 14 research note, Dawson James Securities analyst Jason Kolbert reported that Soligenix Inc. (SNGX:NASDAQ) "is now focused on the two pivotal programs, i...

U.S. Biotech Rolls Out New Brachytherapy Delivery Tool Used for Prostate Cancer

The system, target markets and the marketing campaign for it are discussed in a Dawson James Securities report. In a Sept. 26 research note, Dawson James Securities analyst Jason Kolbert reported that IsoRay Inc. (ISR:NYSE.MKT) launched a new marketing campaign call...

Teekay Offshore Shares Spike 30% Higher on Brookfield Merger Agreement

Teekay Offshore Partners shares are trading more than 30% higher today on news that Brookfield Business Partners will be purchasing all un-owned common units of the firm for $1.55 per share. This morning Hamilton, Bermuda based Teekay Offshore Partners L.P. (TOO:NYSE...
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