NASDAQ Market News

Acquires budget licensee for Southern California and Las Vegas Avis Budget Group, Inc. (Nasdaq:CAR), a leading provider of vehicle rental services, announced today that it has agreed to acquire its Budget Car Rental licensee for southern California and Las Vegas for approximately $210 million, plus the cost of acquired fleet. The licensee being acquired operates […]

Tumor BRACAnalysis CDx will “Identify More Patients for Treatment With PARP Inhibitors” Myriad Genetics, Inc. (Nasdaq:MYGN) today announced it has established a Tumor BRACAnalysis CDx laboratory in Europe. Myriad’s next-generation Tumor BRACAnalysis CDx test is a companion diagnostic that will identify up to 50 percent more patients with BRAC mutations who may benefit from...

Acquisition increases foothold in Mid-Atlantic region The Chefs’ Warehouse, Inc. (Nasdaq:CHEF), a premier distributor of specialty food products in North America, today announced that it has acquired substantially all of the assets of Euro Gourmet Inc., based in Beltsville, Maryland. Founded in 1999, Euro Gourmet is a wholesale specialty distributor of imported and domestic products...

Follows soon after North Sea discovery BP today announced an oil discovery at the Guadalupe prospect in the deepwater U.S. Gulf of Mexico. The discovery well, on Keathley Canyon Block 10, was drilled by operator Chevron on behalf of the Guadalupe co-owners. The well encountered significant oil pay in Paleogene age Wilcox Sands. Located approximately […]

Time to get drilling? GDF SUEZ E&P UK Ltd and BP today announced a new exploration discovery in the UK Central North Sea. The discovery, which spans GDF SUEZ operated block 30/1f (licence P1588) and BP operated block 30/1c (licence P363) was flow tested at a maximum rate of 5,350 barrels of oil equivalent per […]

Acquisition to allow for “Expansion of wireless construction services and broader geographic reach” S&N Communications, a provider of locating, construction and maintenance services to telecomm, cable and utility companies in 35 states, has announced its acquisition of two regional leaders in wireless construction, maintenance, deployment and professional services. Tower 16...

Google Chooses Not to Exercise Its Investment Option, but Himax and Google to Remain Strategic Partners on Google Glass Himax Technologies, Inc. (Nasdaq:HIMX), a leading supplier and fabless manufacturer of display drivers and other semiconductor products, today announced that Google Inc. has decided not to exercise its previously issued purchase option to make an additional […]

It was big news for some this morning that the Tesla share price (NASDAQ:TSLA) opened lower for the second day in a row. Personally, I find it bigger news that it is now almost 2:30 p.m. on the U.S. eastern seaboard and TSLA has already climbed back to 229.63, nearly to yesterday’s close of 229.70, […]

The VIX Index, more commonly referred to as the Fear Index has begun to make investors (more) nervous this week. On Monday, 13 October, Erin Gibbs of S&P Capital told CNBC that, essentially, anxious investors need to remain calm because “Volatility is still within normal levels,” even though fellow commentator Todd Gordon warned that if […]

Yes. Wintrust Financial Corporation (Nasdaq:WTFC) today announced the signing of a definitive agreement to acquire Delavan Bancshares, Inc. Delavan is the parent company of Community Bank CBD, a Wisconsin state chartered bank, which operates four banking locations in southeastern Wisconsin. Since its formation in 1996, CBD has an exemplary history of serving its community. As […]