Small cap staffing stock Staffing 360 Solutions Inc (NASDAQ: STAF), which is in the midst of a global buy-and-build strategy through the acquisition of domestic and international staffing organizations with operations in the US and UK, hasannounced thatthe Company and its board of directors have rejected a recent buyout proposal for $1.10 per share by the Jackson Investment Group.The proposal by Jackson Investment Group was received by the Company on Thursday, March 23, 2017 and delivered to the Board on Friday, March 24, 2017.
Executive Chairman Brendan Flood commented:
“We truly appreciate the support of Jackson Investment Group and the words of confidence in our management team contained in the letter. However, we believe that the offer significantly undervalues the Company and would not be in the best interest of the Company and its shareholders.”
Top 5 Value Stocks To Buy For 2018: Polaris Industries Inc.(PII)
- [By Elizabeth Balboa]
Supply could come from any number of industry players, including Winnebago Industries, Inc. (NYSE: WGO), Thor Industries, Inc. (NYSE: THO), Polaris Industries Inc. (NYSE: PII) and Camping World Holdings Inc (NYSE: CWH). However, whether it comes from existing inventory and whether suppliers can meet the demand are yet to be seen.
- [By Steve Symington]
Polaris Industries Inc.(NYSE:PII)announced first-quarter 2017 results on Tuesday morning, punctuated by a narrower-than-expected net loss, improving retail sales in North America, and stabilizing off-road vehicle (ORV) market share.
Top 5 Value Stocks To Buy For 2018: Fiat Chrysler Automobiles N.V.(FCAU)
- [By Douglas A. McIntyre]
Image a car company with sales off 19% through the first 11 months of the year. Imagine a car company that routinely ranks at or near the bottom of the evaluations of Consumer Reports, J.D. Power rankings and the American Customer Satisfaction Index. Imagine a car company that routinely has 100 days of vehicle in inventory, compared to an industry average near70. That company isFiat, the small car division of Fiat Chrysler Automobiles N.V. (NYSE: FCAU).
- [By John Rosevear]
The fifth-generation version of Honda’s well-regarded kid-hauler doesn’t look a whole lot different from the outgoing model, but it packs a slew of upgradesand some useful technology that Honda hopes will make it more competitive with fierce rivals from Toyota (NYSE:TM) and Fiat Chrysler Automobiles (NYSE:FCAU).
- [By Paul Ausick]
Of the Detroit Three, Fiat Chrysler Automobiles N.V. (NYSE: FCAU) increased its market share in the EU from 7.5% to 7.8% year over year, led by a 15.4% increase in sales of the company’s Fiat brand and a 44.5% jump in Alfa Romeo. Jeep brand sales dipped 7.2% year over year. FCA sold 107,950 units in May, up 11.5% compared with May 2016.
Top 5 Value Stocks To Buy For 2018: PRA Group, Inc.(PRAA)
- [By Lee Jackson]
PRA Group Inc. (NASDAQ: PRAA) has been hit hard recently, and shareholders may be glad to know that a director took advantage of the sell-off and stepped in to buy shares. That board member bought 143,000 shares of the financial and business services company at prices that ranged from $34.40 to $34.89. The total for the buy was set at $5 million. The stock closed Friday at $32.90, in a52-week range of $21.93 to $42.70. The consensus price target is $40.60.
Top 5 Value Stocks To Buy For 2018: Cott Corporation(COT)
- [By Dan Moskowitz]
Cott (NYSE: COT ) produces and sells over 200 different types of beverages in over 50 countries, and it implements a highly effective strategy. Cott is what is known as a Fast Follower, which makes it unique to other beverage companies.
Top 5 Value Stocks To Buy For 2018: Merit Medical Systems Inc.(MMSI)
- [By Lisa Levin] Related Mid-Afternoon Market Update: CytomX Therapeutics Climbs Following Bristol-Myers Squibb Partnership; Medgenics Shares Slide 15 Biggest Mid-Day Losers For Monday Cerulean Pharma's (CERU) CEO Chris Guiffre on Cerulean and Dar茅 Proposed Transaction (Transcript) (Seeking Alpha)
Related Mid-Afternoon Market Update: Cancer Genetics Gains After Q4 Results; Heat Biologics Shares Slide Mid-Day Market Update: Dow Rises Over 50 Points; Tandem Diabetes Care Shares Plunge Tandem Diabetes prices stock offering at $1.25; shares off 19% premarket (Seeking Alpha)
Cerulean Pharma Inc (NASDAQ: CERU) shares dipped 27 percent to $0.817. Cerulean Pharma shares have dropped 60.28 percent over the past 52 weeks, while the S&P 500 index has gained 15.31 percent in the same period.
Tandem Diabetes Care Inc (NASDAQ: TNDM) shares tumbled 24.2 percent to $1.17. Tandem Diabetes Care priced 18 million share offering at $1.25 per share.
Alphatec Holdings Inc (NASDAQ: ATEC) shares fell 21.1 percent to $2.10 as the company reported a $18.9 million private placement.
Heat Biologics Inc (NASDAQ: HTBX) shares dropped 15.5 percent to $0.870. Heat Biologics priced its 5 million share offering at $0.80 per share.
Rave Restaurant Group Inc (NASDAQ: RAVE) shares fell 15 percent to $1.76.
QuickLogic Corporation (NASDAQ: QUIK) shares declined 12.2 percent to $1.58. QuickLogic priced its 10 million share offering at $1.50 per share.
Orion Engineered Carbons SA (NYSE: OEC) shares dropped 9.5 percent to $19.10. Orion Engineered Carbons reported a 5 million common stock secondary offering.
Interpace Diagnostics Group Inc (NASDAQ: IDXG) shares fell 8.7 percent to $2.61 after the company reported debt restructuring and agreed to eliminate its royalty and mileston