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Fossil Group, Inc. Completes Acquisition of Misfit

2015-12-29 23:16:39| Jewelry - Topix.net

Fossil Group, Inc. announced that it has completed, effective December 22, 2015, the previously announced acquisition of Misfit, Inc. for $236.0 million, which included an estimated working capital reduction adjustment of approximately $7.0 million, and does not include approximately $7.0 million of payments with respect to unvested equity awards. The purchase price is subject to a further post-closing working capital true up.

Tags: group acquisition fossil completes

 

Willis Group, Adeptus Health Moving After Stocks Join S&P 500 And S&P SmallCap 600 Respectively

2015-12-29 18:01:04| Jewelry - Topix.net

Shares of Willis Group Holdings Limited traded up more than 2 percent during the after-hours session Monday -- and are up more than 4 percent on Tuesday -- following news out of S&P Dow Jones Indices the company's stock will be added to the illustrious S&P 500 index. Willis Group will be replacing Fossil Group Inc , which will be bumped down to the S&P MidCap 400.

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Chempolis partners with Avantha Group on cellulosic ethanol in India

2015-12-29 16:55:32| Green Car Congress

Tags: group partners india ethanol

 

T-Mobile drives 2015 stock gains for U.S. wireless carrier group

2015-12-29 16:00:42| Telecom - Topix.net

Mobile US Inc. has almost singlehandedly lifted the 2015 stock performance for U.S. wireless carriers, which as a group exceeded the benchmark Standard & Poor's 500 Index after price battles cooled off. With Sprint Corp. down about 8 percent, Verizon Communications Inc. hovering in the unchanged region and AT&T Inc. up about 3 percent, it's T-Mobile's 47 percent gain this year that has catapulted the group's collective average way over the broader market.

Tags: group stock wireless carrier

 

Zacks Investment Research Upgrades Dixie Group Inc (DXYN) to "Hold"

2015-12-29 13:55:09| Industrial Machines - Topix.net

According to Zacks, "Dixie Group Inc. is a leading carpet and rug manufacturer and supplier to higher-end residential and commercial customers serviced by Masland Carpets and Fabrica International, to consumers through major retailers under the Bretlin, Globaltex and Alliance Mills brands and to the factory-built housing and recreational vehicle markets through Carriage Carpets. Dixie's Candlewick Yarns serves specialty carpet yarn customers.

Tags: group research hold investment

 

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