Striking Deals on Street: New Research on State Investors, NCI, Ariad, Under Armour and Meadowbrook
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, December 31, 2014 /PRNewswire/ --
Moments ago, Analysts Review released new research updates concerning several important developing situations including State Investors (NASDAQ: SIBC), NCI (NASDAQ: NCIT), Ariad (NASDAQ: ARIA), Under Armour (NYSE: UA), and Meadowbrook (NYSE: MIG). Analysts Review provides a single unified platform for investors' to hear about what matters - proudly employing registered CFA® research staff and rigorous compliance procedures. The full research reports are being made available to the public for informational purposes only.
To access our full PDF reports on a complementary basis, please visit the links below.
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Today's update concerns the following companies:
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Full PDF Download Links (you may have to copy and paste the following links into your browser):
SIBC Research Report: ( http://get.analystsreview.com/pdf/?c=State%20Investors&d=31-Dec-2014&s=SIBC ),
NCIT Research Report: ( http://get.analystsreview.com/pdf/?c=NCI&d=31-Dec-2014&s=NCIT ),
ARIA Research Report: ( http://get.analystsreview.com/pdf/?c=Ariad&d=31-Dec-2014&s=ARIA ),
UA Research Report: ( http://get.analystsreview.com/pdf/?c=Under%20Armour&d=31-Dec-2014&s=UA ),
MIG Research Report: ( http://get.analystsreview.com/pdf/?c=Meadowbrook&d=31-Dec-2014&s=MIG ).
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Analyst Update: Acquisitions, Commercialization Agreements, and Branding Deals
Reviewed by: Rohit Tuli, CFA®
The U.S. stock market ended in red on Tuesday with energy stocks being the worst performers of the day. A less than expected December 2014 consumer confidence index (CCI) figure deterred investor confidence further. The U.S. CCI climbed to 92.6 in December from a revised 91.0 last month, below a post-recession high of 94.1 set in October 2014. The DJIA declined 0.31%, S&P 500 dropped 0.49% and the Nasdaq Composite weakened 0.61% during the session. The European stock market also declined, led by weakness in energy companies as Brent oil fell to a five and a half year low on persistent concerns about a global supply glut. The Asian stock market closed broadly lower too. The Japanese government on Tuesday agreed to a tax reform, approving a plan to cut corporate taxes by 2.51 percentage point from April 2015 and then by another 0.78 percentage points in the following year, in an effort to spur economic growth.
State Investors Bancorp, Inc. (State Investors), the holding company of State-Investors Bank, has agreed to be acquired by First NBC Bank Holding Company (First NBC). As per the merger agreement, First NBC will pay around $51 million to the shareholders of State Investors in cash. Find out what this acquisition means for the 120-year old State Investors Bank and its shareholders in our exclusive research report.
U.S.-based IT services provider NCI Inc. (NCI) is acquiring Computech, Inc. (Computech), a leader in agile and lean application software development and IT operations and maintenance, for approx. $56 million in cash. NCI anticipates that the transaction will be immediately accretive to margins and earnings. Know more about this acquisition in our research report.
Ariad Pharmaceuticals, Inc. (Ariad) has entered into a commercialization agreement with Angelini Pharma (Angelini) to sell its leukemia drug Iclusig (ponatinib) in seven Central and Eastern European countries. Angelini will pay Ariad approx. $7.3 million as upfront payment and milestones associated with commercial launches. Go to our research report to know more about Ariad's latest commercialization agreement in Europe for its Iclusig drug.
U.S.-based sportswear company Under Armour, Inc. (Under Armour) has signed a 4-year partnership with world number six-ranked tennis player Andy Murray to boost its international sales. The 2013 Wimbledon Championship winner will wear Under Armour apparel, footwear, and accessories and will be featured in marketing campaigns for the Company. Click on our comprehensive research report on Under Armour to know more about this endorsement deal with Andy Murray.
Shares of the Southfield, Michigan-based Meadowbrook Insurance Group, Inc. (Meadowbrook) rallied over 18% in after-hours trading on Tuesday after the Company said that it has agreed to be acquired by China-based Fosun International Limited. Fosun will acquire Meadowbrook for $8.65 per share in cash, representing an aggregate transaction value of approximately $433 million. Visit our exclusive research report to know more about the Meadowbrook's agreement with Fosun.
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About Analysts Review
At Analysts Review, we provide our members with a simple and reliable way to leverage our economy of scale. Most investors do not have time to track all publicly traded companies, much less perform an in-depth review and analysis of the complexities contained in each situation. That's where Analysts Review comes in. We provide a single unified platform for investors' to hear about what matters. Situation alerts, moving events, and upcoming opportunities.
Analysts Review was designed for investors. By providing the best information available, we have set ourselves apart as one of the premier online investor communities.
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Editor Note: This is not company news. We are an independent source and our views do not reflect the companies mentioned.
Compliance Procedure: Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Analysts Review, represented by Rohit Tuli, CFA®. An outsourced research services provider has only reviewed the information provided by Analysts Review in this article or report according to the procedures outlined by Analysts Review. Analysts Review is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
Further Resources: For more information about this release including editorial notes, compliance procedures and legal disclosures, please visit: http://www.analystsreview.com/editors
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SOURCE Analysts Review
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