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B2B technology distributor $AVT said that it has agreed to sell its Technology Solutions operating group to $TECD in a stock and cash transaction valued at approx. $2.6Bil. Upon completion of the transaction, the company expects to realize a gain of $3.75-4.75 per share. $AVT expects to close the deal in calendar 1Q17 or 2Q17.
$SHLD seems to be rolling down the curve, it has been reporting net loss for the past many quarters. The Company Board seems to be doing nothing to stem this trend.
$CIEN a good stock to look at for the longs. Consistent revenue increase over the past few quarters suggest steady improvement in profitability of the company, which bodes well for the future prospect. I’m going to add a few more to my portfolio, anticipating good $$$ gains !
Shareholder alert..!! Rosen Law Firm has commenced an investigation into potential securities claims of $UHS. Shareholders please visit http://www.rosenlegal.com/cases-1008.html for more info.
Can we see "Made in the USA" label on iPhones in the near future? Heard that $AAPL is considering the idea of manufacturing iPhone in America.