Asian ADRs Trade Higher

Asian ADRs Trade Higher

American depository receipts of Asian stocks were trading 0.31% higher at 159.75 on the Bank of New York Mellon Asia ADR Index on Thursday. In North Asia, the gainers were led by China Digital TV Holding (STVVY), a provider of conditional access systems to China, and solar energy company Hanwha Q Cells (HQCL), which rose 9.4% and 5.3% respectively. They were followed by Renren (RENN), a social networking platform in […]

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Embraer Wins Orders

Embraer Wins Orders

Brazilian aircraft maker Embraer won orders worth a total of $1.19 billion for passenger carriers from five airlines during the Paris Air Show, according to Securities and Exchange Commission filings on Tuesday. The biggest order worth $666 million came from an undisclosed company for 10 E195-E2’s. The client also has an option to buy additional 10 E190-E2’s. Japan Airlines’ subsidiary J-AIR placed a firm order worth $50.6 million and Belavia, […]

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TransEnterix Sells Robotic Surgery System

TransEnterix Sells Robotic Surgery System

TransEnterix, a medical device maker using robotics, disclosed early Thursday the sale of a surgery system to the Saitama Medical University International Medical Center in Tokyo, Japan. Shares rose more than 3% in pre-market. The Senhance robotic surgery system was purchased under a physician import license, which allows medical devices to be directly purchased by Japanese physicians, the company said in a statement. Details of the purchasing price were not […]

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Visa Launches Visa Ready Program For Businesses

Visa Launches Visa Ready Program For Businesses

Visa said Tuesday it has launched Visa Ready Program for Business Solutions to help technology companies integrate with its business-to-business (B2B) payment services and data solutions. Bora Payment Systems, Bottomline Technologies (EPAY), CSI globalVCard, MineralTree and Priority Commercial Payments are the first partners to obtain Visa Ready for Business Solutions approval. The program enables Visa’s technology partners to quickly integrate and approve an array of Visa B2B payments solutions, including […]

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Monroe Capital Prices Share Offering

Monroe Capital Prices Share Offering

Monroe Capital fell about 3% after the company said Friday it priced an underwritten public offering of 3 million shares at $15 each, expecting to raise approximately $45.0 million in gross proceeds. It granted the underwriters a 30-day option to purchase up to an additional 450,000 shares of its common stock to cover over-allotments, if any. The company intends to use the net proceeds from the offering to repay indebtedness, […]

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NTN Buzztime Enters into Licensing Deal With Scientific Games

NTN Buzztime Enters into Licensing Deal With Scientific Games

NTN Buzztime said Tuesday it signed a licensing agreement with Scientific Games (SGMS) to deliver Buzztime trivia as part of Scientific Games’ Elite Bonusing Suite offered to casino operators around the world. Shares dropped over 6% intraday. The game will provide a “bonusing experience unlike any other and will help casinos provide exciting new tournaments that keep players engaged and entertained,” according to a company statement. As part of this […]

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AstraZeneca ADRs Hit 2-Year High

AstraZeneca ADRs Hit 2-Year High

AstraZeneca American depository shares earlier touched their highest level in two years after the company said a phase 3 trial of Lynparza showed a “statistically-significant and clinically-meaningful improvement” in progression-free survival in patients with BRCA-mutated metastatic breast cancer compared to treatment with physician’s choice of a standard of care chemotherapy. AZN was at $35.09 recently, having earlier traded as high as $35.27. The 52-week low is at $25.55. The trial […]

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Asure Software Completes Acquisition

Asure Software Completes Acquisition

Asure Software Inc said Wednesday it has completed its acquisition of iSystems Intermediate HoldCo, LLC from private equity firm Silver Oak Services Partners, LLC. It paid $55 million, including $32 million in cash, $18 million of ASUR unregistered common stock, and a $5 million seller note. In connection with the consummation of the acquisition of iSystems, Asure has agreed to appoint Dan Gill, founder and co-managing director of Silver Oak […]

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Arrow Electronics is Named Citrix Distributor in the US and Canada

Arrow Electronics is Named Citrix Distributor in the US and Canada

Arrow Electronics (ARW) shares were slightly higher Tuesday after the company said it has been named a new distributor for Citrix (CTXS) in the U.S. and Canada. The company says it will offer Citrix solutions, services and value-added support to its reseller ecosystem, as well asprovide access to multi-vendor configurations and pre-installed software bundles involving Citrix solutions.

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