Merger Arbitrage Mondays - March 16, 2015
Asif Suria - Seeking Alpha - Mon Mar 16, 5:10AM CDT
Merger activity decreased last week, with four new deals announced and five deals closing. You can find all the active deals listed below in our Merger Arbitrage Tool that automatically updates itself during market hours. Deal Statistics: ...
ISSI: 18.86 (+0.20), CHYR: 2.81 (-0.01), SIMG: 7.30 (+0.02), PENX: 18.98 (+0.14), INXN: 30.01 (+0.60), BBNK: 26.62 (+0.36), RTI: 36.13 (-0.09), PETM: 82.98 (+0.03)
Valspar's (VAL) Strategic Actions Should Bear Fruit - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Mar 11, 5:22PM CDT
We have issued an updated research report on paints and coatings maker Valspar (VAL).
VAL: 85.87 (+0.50), DQ: 27.60 (+2.47), AXTA: 28.14 (-0.07), PENX: 18.98 (+0.14)
INGREDION COMPLETES ACQUISITION OF PENFORD CORPORATION
Thomson Reuters ONE - Wed Mar 11, 7:51AM CDT
WESTCHESTER, Ill., March 11, 2015 - Ingredion Incorporated (NYSE: INGR), a leading global provider of ingredient solutions to diversified industries, announced today that it has successfully completed the acquisition of Penford Corporation, a U.S.-based leader in specialty ingredients for food and non-food applications.
INGR: 79.58 (+0.39), PENX: 18.98 (+0.14)
Tronox Offering Senior Notes to Fund Alkali Chemicals Buy - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Mar 10, 3:40PM CDT
Tronox (TROX) along with Evolution Escrow Issuer LLC has announced an offering of senior notes due 2022.
TROX: 20.28 (+0.05), AXTA: 28.14 (-0.07), PENX: 18.98 (+0.14), FMC: 59.63 (+0.68)
American Vanguard Q4 Earnings, Revenues Trail Estimates - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Mar 02, 9:25AM CST
American Vanguard's (AVD) fourth-quarter revenues and earnings missed Zacks Consensus Estimates.
MON: 115.75 (+0.37), AVD: 10.48 (+0.23), AXTA: 28.14 (-0.07), PENX: 18.98 (+0.14)
International Flavors & Fragrances Expands in South Africa - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Feb 27, 11:10AM CST
International Flavors & Fragrances Inc. (IFF) recently announced expansion of its flavors facility in South Africa.
IFF: 119.92 (+1.43), NL: 7.13 (+0.14), AXTA: 28.14 (-0.07), PENX: 18.98 (+0.14)
Ecolab Q4 Earnings in Line, Plans to Buy Shares Worth $1B - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Feb 24, 9:20AM CST
Ecolab Inc. (ECL) reported adjusted EPS (excluding special gains, charges and tax benefits) of $1.20 per share, in line with the Zacks Consensus Estimate.
AXTA: 28.14 (-0.07), PENX: 18.98 (+0.14), SERV: 36.60 (-0.10), ECL: 115.27 (+0.26)
Sigma-Aldrich (SIAL) Strikes New 52-Week High - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Feb 23, 11:26AM CST
Shares of Sigma-Aldrich (SIAL) reached a new 52-week high of $138.77 on Feb 20.
DQ: 27.60 (+2.47), SIAL: 138.20 (+0.11), AXTA: 28.14 (-0.07), PENX: 18.98 (+0.14)
The Top Small Cap Stocks To Buy This Week
Todd Campbell - at Seeking Alpha - Sun Feb 22, 2:51AM CST
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Sherwin-Williams to Gain from Paint Stores Unit Strength - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Feb 16, 2:00PM CST
We have issued an updated research report on paint giant Sherwin-Williams (SHW).
PENX: 18.98 (+0.14), SHW: 290.00 (+5.51), APD: 152.71 (+0.47), IPHS: 57.62 (+1.45)
Sigma-Aldrich Q4 Earnings Top on Organic Sales Gain - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Feb 13, 9:08AM CST
Sigma-Aldrich's (SIAL) profit for fourth-quarter 2014 rose driven by higher sales across its business segments in the quarter, led by the SAFC Commercial unit.
DQ: 27.60 (+2.47), NL: 7.13 (+0.14), SIAL: 138.20 (+0.11), PENX: 18.98 (+0.14)
International Flavors & Fragrances (IFF) Jumps: Stock Gains 7.3% - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Fri Feb 13, 8:11AM CST
International Flavors & Fragrances Inc. (IFF) was a big mover last session, as the company saw its shares rise over 7% on the day.
IFF: 119.92 (+1.43), PENX: 18.98 (+0.14)
International Flavors & Fragrances Beats on Q4 Earnings - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Feb 12, 1:00PM CST
International Flavors & Fragrances Inc. (IFF) reported better-than-expected results for fourth-quarter 2014. Adjusted earnings came in at $1.07 per share, above the Zacks Consensus Estimate of $1.03. Also, revenues of $756 million exceeded the estimate of $735 million.
IFF: 119.92 (+1.43), ICL: 6.95 (+0.05), DQ: 27.60 (+2.47), PENX: 18.98 (+0.14)
Why Penford Corporation (PENX) Could Be a Potential Winner - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Mon Feb 09, 7:52AM CST
If you are looking for a stock flying under-the-radar that is well-equipped to bounce down the road, make sure to consider Penford Corporation (PENX)
PENX: 18.98 (+0.14)
Ashland Launches New Valvoline Motor Oil for Engine Safety - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Feb 05, 5:15PM CST
Ashland's (ASH) Valvoline brand has launched Full Synthetic High Mileage motor oil with MaxLife technology.
ASH: 127.28 (+1.83), ICL: 6.95 (+0.05), DQ: 27.60 (+2.47), PENX: 18.98 (+0.14)
Guar Gum Market by Grade, Food Grade by Function, Application & Region - Global Trends & Forecasts to 2019
M2 - Sat Jan 31, 12:25AM CST
Research and Markets (http://www.researchandmarkets.com/research/hbj63c/guar_gum_market) has announced the addition of the "Guar Gum Market by Grade, Food Grade by Function, Application & Region - Global Trends & Forecasts to 2019" report to their offering. The market for guar gum is projected to be valued more than $9.7 billion by 2019. The Asia-Pacific region is projected to grow at the highest CAGR during the review period. Guar gum is used as an ingredient in various industries, such as food, oil & gas, and pharmaceutical. Guar gum performs various functions, such as thickening, gelling, coating, and stabilizing in food products. The guar gum market is growing significantly, driven by increasing demand from the oil & gas industry and growing demand for natural food additives. The market restraints include fluctuation of raw material prices and imbalance in supply & demand. The market has been segmented on the basis of grades and regions. The food grade guar gum market is further segmented into functions and applications. The different grades of guar gum are industrial grade, food grade, and pharmacy grade. On the basis of functions, food grade guar gum has been segmented into thickener, gelling agent, stabilizer, fat replacer, and coating material. The market is further segmented on the basis of applications that include bakery products, confectionery, meat & poultry products, sauces & dressings, beverages, and dairy & frozen products. Dairy & frozen products have the largest food grade guar gum applications. The guar gum market is fragmented and competitive, with leading companies driving the growth by opting for strategies, such as expansions and new product launches. The report further provides qualitative analysis of the prominent market players and their preferred development strategies. Key players such as Penford Corporation (U.S.), TIC Gums, Inc. (U.S.), Lucid Group (India), Vikas WSP Limited (India), and Ashland Inc. (U.S.) have been profiled in the report. Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Industry Trends 6 Market Overview 7 Guar Gum Market, By Grade 8 Food Grade Guar Gum Market, By Function 9 Food Grade Guar Gum Market, By Application 10 Guar Gum Market, By Region 11 Competitive Landscape 12 Company Profiles - Agro Gums - Ashland Inc. - Cargill, Incorporated - E. I. DU Pont DE Nemours and Company - Fuerst Day Lawson - Lucid Group - Neelkanth Polymers - Penford Corporation - Polygal AG - Rama Industries - Tic Gums, Inc. - Vikas WSP Limited For more information visit http://www.researchandmarkets.com/research/hb...gum_market
ASH: 127.28 (+1.83), PENX: 18.98 (+0.14)
Penford Stockholders Approve Merger Agreement with Ingredion
Business Wire - Thu Jan 29, 5:02PM CST
Penford Corporation (Nasdaq: PENX), a leader in ingredient systems for food and industrial markets, today announced that its shareholders voted to approve the previously announced Agreement and Plan of Merger with Ingredion Incorporated (NYSE:INGR) and Prospect Sub, Inc., a wholly owned subsidiary of Ingredion, under which Ingredion will acquire all of the outstanding shares of Penford for $19.00 in cash per share. The transaction has been approved by the Boards of Directors of both companies and is valued at approximately $340 million in the aggregate. Of the Penford shares voted at the special shareholders meeting held earlier today, more than 99% were voted in favor of the merger.
INGR: 79.58 (+0.39), PENX: 18.98 (+0.14)
Return From Activism: Ingredion Incorporated To Acquire Penford Corporation
Maudes Capital - at Seeking Alpha - Wed Jan 28, 11:54AM CST
INGR: 79.58 (+0.39), PENX: 18.98 (+0.14)
Hydrocolloids Market by Type, Source, F&B Application, Function & Geography - Global Trend & Forecast to 2019
M2 - Mon Jan 26, 5:29AM CST
Research and Markets (http://www.researchandmarkets.com/research/s5f9xk/hydrocolloids) has announced the addition of the "Hydrocolloids Market by Type, Source, F&B Application, Function & Geography - Global Trend & Forecast to 2019" report to their offering. The global hydrocolloids market is projected to reach $7,911.1 Million by 2019 with North America as the largest consumer for food hydrocolloids. The U.S. dominated the market, accounting for more than three-fourths share in the region. The Asia-Pacific region is projected to be the fastest-growing market for hydrocolloids because of the high population base and increasing demand for convenience foods. The food hydrocolloids market is growing significantly, driven by increasing demand for convenience & processed foods and health consciousness among consumers. The market is also currently witnessing demand for low-fat and low-calorie food products from consumers. Hydrocolloids have the ability to reduce fat content in food products by dispersing in the water and acting as fat replacers. Hydrocolloids perform functions, such as gelling, coating, and stabilizing in food. Most of the hydrocolloids have been extracted from natural sources that are vulnerable to climate changes. Economic development in emerging markets such as China has led to the increase in the purchasing power of consumers. This has led to the increase in demand for high-quality processed foods. Being an essential food additive in processed foods, the hydrocolloids market is likely to increase. The market restraints include fluctuation of raw material prices and shortage of raw material supply. The market has been segmented on the basis of types, sources, functions, applications, and regions. The different types of hydrocolloids are gelatin, pectin, xanthan gum, and gaur gum. Gelatin held the largest share in the food hydrocolloids market as they are widely used as gelling agents in confectionery, meat & poultry products, and dairy products. The market has been divided on the basis of natural sources, such as plant, seaweed, animal, microbial, and synthetic sources. On the basis of functions, hydrocolloids have been segmented into thickeners, gelling agents, stabilizers, fat replacers, and coating materials. The market is further segmented on the basis of applications that include bakery products, confectionery, meat & poultry products, sauces & dressings, beverages, and dairy & frozen products. Dairy products have the largest food hydrocolloid applications. The market has also been divided on the basis of geography, such as North America, Europe, Asia-Pacific, and Rest of the World (RoW). Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Industry Trends 6 Market Overview 7 Hydrocolloids Market, By Type 8 Hydrocolloids Market, By Source 9 Hydrocolloids Market, By Function 10 Hydrocolloids Market, By Application 11 Hydrocolloids Market, By Geography 12 Competitive Landscape 13 Company Profiles - Ashland Inc. - CP Kelco - Cargill, Incorporated - E. I. Du Pont De Nemours and Company - Fuerst Day Lawson - Kerry Group Plc - Penford Corporation - Rousselot International - Royal DSM - Tic Gums Incorporation For more information visit http://www.researchandmarkets.com/research/s5...rocolloids
ASH: 127.28 (+1.83), PENX: 18.98 (+0.14)
More on Penford's FQ1
Seeking Alpha - at Seeking Alpha - Fri Jan 09, 7:00AM CST
PENX: 18.98 (+0.14)