Latest Safeguard Scientifics (SFE) Headlines Sh
Post# of 12
Should You Get Rid of MCG Capital (MCGC) Now? - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Wed Mar 12, 7:44AM CDT
MCG Capital has witnessed a significant price decline in the past four weeks. The reason is negative trend in earnings estimate revisions. The stock also has seen some pretty dismal trading lately.
Safeguard Scientifics Announces Repurchase Notification for 2.625% Convertible Senior Debentures Due 2024
Business Wire - Tue Mar 11, 8:00AM CDT
Safeguard Scientifics, Inc. (NYSE:SFE) today announced that it is notifying holders of its outstanding 2.625% Convertible Senior Debentures Due 2024 (CUSIP Number 786449 AG3) (the "Notes") that they have the right to require the Company to repurchase for cash such holders' Notes upon the terms and subject to conditions set forth in the Notes and the indenture governing the Notes. The repurchase date of the Notes is April 8, 2014 (the "Repurchase Date"), which represents an extension of the date provided in the indenture, in order to comply with applicable tender offer rules. The repurchase price will be 100% of the principal amount of the outstanding Notes, plus accrued and unpaid interest on the Notes to, but excluding, the Repurchase Date.
Safeguard Scientifics Announces Fourth Quarter and Full-Year 2013 Financial Results
Business Wire - Thu Mar 06, 5:00AM CST
--Company Increases Share Repurchase Program;
February 2014 DIVER Geo Scores Released
Business Wire - Tue Mar 04, 9:29AM CST
The DIVER Geo Score results are in for February. The DIVER Geo Score represents a relative score of the economic health of a U.S. State, county or city. Based on a scale of 0-10, with 10 being the best, this data is updated monthly and is calculated from multiple economic and demographic factors related to three primary data categories--employment, income and housing.
Hoopla Raises $8 Million to Meet Demand for Sales Motivation Software
PR Newswire - Thu Feb 13, 7:00AM CST
Hoopla, an award-winning provider of sales motivation software, today announced $8 million in Series B funding. The round was led by Trinity Ventures, with participation from previous investors Safeguard Scientifics (NYSE:SFE), Illuminate Ventures and additional private investors. Larry Orr, general partner at Trinity, will join Hoopla's board of directors.
Safeguard Scientifics to Release Fourth Quarter and Full Year 2013 Financial Results on Thursday, March 6th
Business Wire - Mon Feb 10, 8:00AM CST
Safeguard Scientifics, Inc. (NYSE:SFE) today announced that it will release its financial results for the fourth quarter and year-ended December 31, 2013 prior to market open on Thursday, March 6, 2014.
Safeguard Scientifics Partner Company Crescendo Bioscience to Be Acquired by Myriad Genetics
Business Wire - Wed Feb 05, 5:00AM CST
Safeguard Scientifics, Inc. (NYSE:SFE) today announced that its partner company, Crescendo Bioscience, Inc. ("Crescendo"), signed an amended agreement to be acquired by Myriad Genetics, Inc. (NASDAQ:MYGN) for $270 million, in cash, minus $25 million for the repayment of a loan made to Crescendo by Myriad in 2011 and subject to further adjustment for Crescendo's cash, other indebtedness, working capital and other amounts to be determined in accordance with the acquisition agreement. The transaction is expected to close in the fiscal quarter ending March 31, 2014, pending satisfactory completion of customary closing conditions and regulatory approval. Safeguard expects to receive approximately $40 million in aggregate cash proceeds pending final closing calculations. Safeguard has deployed $11 million in Crescendo since December 2012 and has a 13% primary ownership position.
Over 25 Companies to Present at Emerald Groundhog Investment Forum: Thursday, February 6th
Business Wire - Tue Feb 04, 3:12PM CST
Pennsylvania's famous groundhog Punxsutawney Phil may have forecast six more weeks of winter, but he's delivering clear skies and a perfect day for the Groundhog Day Investment Forum on Thursday, February 6th. Emerald Asset Management, Inc. will welcome hundreds of investment industry professionals to the Radisson Warwick Hotel in Philadelphia, PA for the 21st annual event. This year's Forum will include sessions focusing on cyber security, the robotics revolution, local and regional banks, fixed income securities and alternatives and ongoing innovations by corporate America generating potential investment opportunities.
January 2014 DIVER Geo Scores Released
Business Wire - Tue Feb 04, 9:00AM CST
The DIVER Geo Score results are in for January. DIVER Geo Score represents a relative score of the economic health of a state, county or city within the U.S. Based on a scale of 0-10, with 10 being the best, this data is updated monthly and is calculated from multiple economic and demographic factors related to three primary data categories--employment, income and housing.
Shares of SFE Up 17.1% Since Uptrend Call on Shares
Comtex SmarTrend(R) - Fri Jan 31, 9:22AM CST
SmarTrend identified an Uptrend for Safeguard Scientifics (NYSE:SFE) on October 8th, 2013 at $15.81. In approximately 4 months, Safeguard Scientifics has returned 17.05% as of today's recent price of $18.50.
Investment Industry to Gather in Philadelphia at 21st Annual Groundhog Investment Forum
Business Wire - Thu Jan 30, 1:00PM CST
Emerald Asset Management, Inc. will welcome hundreds of investment industry professionals to the 21st annual Emerald Groundhog Day Investment Forum, scheduled to be held on Thursday, February 6th at the Radisson Warwick Hotel in Philadelphia, PA. "We say that the 2014 investment year begins in earnest with our annual Forum," said Emerald CEO and Founder Joseph E. Besecker. "Public company senior managers, investment portfolio managers and research analysts come together to review 2013 and provide their initial outlook to 2014 and beyond." This year's Forum will include sessions focusing on cyber security, the robotics revolution, local and regional banks, fixed income securities and alternatives and ongoing innovations by corporate America generating potential investment opportunities.
Safeguard Scientifics Up 22.2% Since SmarTrend Uptrend Call (SFE)
Comtex SmarTrend(R) - Thu Jan 23, 5:06PM CST
SmarTrend identified an Uptrend for Safeguard Scientifics (NYSE:SFE) on October 8th, 2013 at $15.81. In approximately 4 months, Safeguard Scientifics has returned 22.24% as of today's recent price of $19.32.
Shares of SFE Up 22.9% Since Uptrend Call on Shares
Comtex SmarTrend(R) - Thu Jan 16, 11:14AM CST
SmarTrend identified an Uptrend for Safeguard Scientifics (NYSE:SFE) on October 8th, 2013 at $15.81. In approximately 3 months, Safeguard Scientifics has returned 22.94% as of today's recent price of $19.43.
Strong Buy on Gladstone Investment - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Jan 15, 3:30PM CST
Zacks Investment Research upgraded Gladstone Investment Corporation to a Zacks Rank #1 (Strong Buy) on Jan 15, 2014.
Safeguard Scientifics Shares Up 24.7% Since SmarTrend's Buy Recommendation (SFE)
Comtex SmarTrend(R) - Thu Jan 09, 9:58AM CST
SmarTrend identified an Uptrend for Safeguard Scientifics (NYSE:SFE) on October 8th, 2013 at $15.81. In approximately 3 months, Safeguard Scientifics has returned 24.71% as of today's recent price of $19.71.
Safeguard Scientifics Partner Company Alverix Acquired by BD
Business Wire - Tue Jan 07, 7:00AM CST
Safeguard Scientifics, Inc. (NYSE:SFE) today announced that its partner company, Alverix, Inc., was acquired by BD (Becton, Dickinson and Company) (NYSE: BDX) for $40 million. Safeguard expects to receive aggregate cash proceeds of $17.4 million, which represents an approximate 1.9x cash-on-cash return. As part of the acquisition, $1.7 million of such proceeds will be held in escrow for approximately 18 months.
December 2013 DIVER Geo Scores Released
Business Wire - Mon Jan 06, 4:59AM CST
The DIVER Geo Score results are in for December. The DIVER Geo Score represents a relative score of the economic health of a U.S. State, county or city. Based on a scale of 0-10, with 10 being the best, this data is updated monthly and is calculated from multiple economic and demographic factors related to three primary data categories--employment, income and housing.
Safeguard Scientifics Partner Company ThingWorx Acquired by PTC for $112 Million
Business Wire - Mon Dec 30, 4:01PM CST
Safeguard Scientifics, Inc. (NYSE:SFE) today announced that its partner company ThingWorx, Inc. was acquired by PTC Inc. for approximately $112 million, plus an earn-out of up to $18 million. Safeguard expects to receive aggregate cash proceeds of $40.5 million, representing a 4x cash-on-cash return. Approximately $4.1 million of such proceeds will be held in escrow pending the expiration of an escrow period expiring December 30, 2015. Safeguard has the opportunity to receive up to an additional $6.5 million based on certain milestones achieved over future periods. This would increase Safeguard's total return to approximately $47.0 million, representing a 4.7x cash on cash return.