Market Sectors

Earnings: Bassett Furniture Earnings up $BSET

Bassett Furniture Industries, Inc., has announced its second quarter results for FY-2015-16. The results shows Rise in EPS was $0.42 from $0.24 while Total Sales were Up by 31% to $111.6 Million YoY. Fiscal Q2 2015 Highlights vs. Same Year-ago Quarter Total Sales up 31% to $111.6 million Wholesale sales up 19% to $66.7 million Company-owned store […]

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News: Shell Midstream acquires Poseidon Oil $SHLX

Shell Midstream Partners has acquired a 36% equity interest in the Poseidon Oil Pipeline Co. The Deal accounts for $350 million from Equilon Enterprises LLC, a subsidiary of Shell Oil Products US. The acquisition was funded with borrowings under Shell Midstream Partners’ revolving credit facilities. Shell has also  increased its total borrowing capacity to $500 Million

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News: Synopsys Buying Elliptic $SNPS

Synopsys Inc. has announced the acquisition of Elliptic Technologies, the investment is in its pursuit of providing the electronics industry with the technology necessary for developing secure products. This acquisition follows Synopsys’ recently announced acquisition of Codenomicon and plans to acquire Quotium’s Seeker product, demonstrating Synopsys’ continued investment. View the full release here.

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Earnings: CalAmp Revenues Up $CAMP

CalAmp, a leading provider of wireless products, services and solutions has annoucne dits first quarter results for FY-2015-16. The results shows 10.9% Rise in Revenue to $65.43 Million YoY, while EPS up by 57% to $0.11. Fiscal Q4 2015 Highlights vs. Same Year-ago Quarter Total revenues rise to $65.4 Million from $59.0 million Wireless Datacom revenue increased to $57.8 million

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