Arris Acquires U.K.'s Pace In Tax-Inversion Deal
at Investor's Business Daily - Fri Apr 24, 5:17PM CDT
Networking and telecom equipment maker Arris Group has already delivered solid results in the past three years. But its business is about to pick up, because the company announced Wednesday that it's buying the U.K.'s Pace, which provides gear to the...
ARRS: 35.76 (-1.54)
Xerox and Amazon are big market movers
AP - Fri Apr 24, 3:35PM CDT
NEW YORK (AP) — Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:
AMZN: 445.10 (+55.11), DDD: 27.23 (-2.92), XRX: 11.99 (-1.15), CMCSK: 59.19 (+0.50), UAL: 63.51 (+0.71), SBUX: 51.84 (+2.41), SCHL: 40.75 (-1.60), ARRS: 35.76 (-1.54), AZN: 71.79 (-1.34), PHM: 20.12 (+0.15), GM: 35.59 (-0.33), DPZ: 113.96 (+4.73), TWC: 155.26 (+6.50), HMHC: 24.21 (-0.13), CMCSA: 59.64 (+0.41), UNP: 107.51 (-0.61)
Notable tech gainers/decliners: WB, BITA, ARRS, CAMP, MOBI, ZIXI
Seeking Alpha - at Seeking Alpha - Fri Apr 24, 2:17PM CDT
WB: 17.20 (+1.31), ARRS: 35.76 (-1.54), CAMP: 20.34 (-1.41), ZIXI: 4.55 (+0.12), SONS: 8.46 (+0.53), NPTN: 5.56 (-0.34), MOBI: 5.17 (+0.42), BITA: 61.63 (+2.86)
ARRIS Group (ARRS) Stock Falls on Heavy Trading Volume
at The Street - Fri Apr 24, 12:24PM CDT
ARRIS Group (ARRS) shares give back some gains following the announcement of the Pace plc acquisition..
ARRS: 35.76 (-1.54)
Arris: $2.1 Billion Acquisition Creates Value, Positions Company For More Growth
Vast Value Capital - at Seeking Alpha - Fri Apr 24, 11:23AM CDT
ARRS: 35.76 (-1.54)
Arris Group
at Investor's Business Daily - Thu Apr 23, 5:31PM CDT
Arris Group (ARRS) surged to a more-than-14-year high on its acquisition of Pace, expanding its network and video systems hardware business into the satellite market and overseas. The deal is worth about $2.1 bil. Shares surged 22.1% to 37.30.
ARRS: 35.76 (-1.54)
Arris Group Rises 22.13% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Thu Apr 23, 3:56PM CDT
Arris Group (NASDAQ:ARRS) traded in a range yesterday that spanned from a low of $36.05 to a high of $37.50. Yesterday, the shares gained 22.1%, which took the trading range above the 3-day high of $30.64 on volume of 18.5 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
ARRS: 35.76 (-1.54)
Arris Hits 14-Year High On Acquisition, Expansion
at Investor's Business Daily - Thu Apr 23, 1:03PM CDT
Arris Group (ARRS) stock jumped to a more than 14-year high Thursday as investors applauded its plan to expand its network and video systems hardware business into the satellite market and offshore by acquiring U.K.-based gear maker Pace. Arris stock...
NFLX: 558.40 (-0.66), T: 34.01 (-0.22), ARRS: 35.76 (-1.54), CHTR: 185.75 (+2.17), DTV: 89.85 (-0.27), TWC: 155.26 (+6.50), VZ: 50.03 (-0.02), CSCO: 28.82 (+0.15)
Why ARRIS Group, Inc. Stock Skyrocketed Today
Steve Symington, The Motley Fool - Motley Fool - Thu Apr 23, 11:58AM CDT
Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis. What: Shares of ARRIS Group were up over 20% as of 12...
ARRS: 35.76 (-1.54)
Midday Gainers / Losers
Seeking Alpha - at Seeking Alpha - Thu Apr 23, 11:45AM CDT
CERS: 4.79 (+0.20), HBP: 3.84 (-0.10), CIDM: 0.95 (-0.02), HNI: 51.98 (+0.71), MDSO: 57.59 (+0.05), HZO: 22.88 (-1.52), NKA: 2.06 (+0.06), NVGN: 6.54 (-0.01), EGT: 2.18 (-0.02), VLTC: 11.54 (+0.50), ADPT: 63.78 (+2.13), CALI: 2.28 (-0.05), XXII: 1.35 (-0.05), LOOK: 1.97 (+0.37), ARRS: 35.76 (-1.54), SIFY: 1.46 (-0.14), SCYX: 9.47 (-0.52), CLFD: 14.25 (+0.04), VGGL: 2.55 (-0.10), MOBL: 6.97 (-0.14)
Arris Group to Acquire U.K.'s Pace to Expand, Save on Taxes
at The Street - Thu Apr 23, 9:47AM CDT
Arris is expanding its video services.
NFLX: 558.40 (-0.66), ARRS: 35.76 (-1.54), SHPG: 255.11 (-0.26), GOOGL: 573.66 (+16.20), ABBV: 66.07 (+1.82), CYBX: 62.89 (-0.30)
ARRIS Group (ARRS) Stock Skyrocketing Today on Pace Acquisition
at The Street - Thu Apr 23, 9:00AM CDT
ARRIS Group (ARRS) stock is soaring after the company announced its plan to buy British set-top box maker Pace.
ARRS: 35.76 (-1.54)
Premarket Gainers / Losers as of 9:10 am
Seeking Alpha - at Seeking Alpha - Thu Apr 23, 8:13AM CDT
PBR.A: 8.91 (+0.23), SKX: 89.66 (+2.79), SNE: 31.34 (+0.62), NVGN: 6.54 (-0.01), VLTC: 11.54 (+0.50), PBR: 9.99 (+0.59), DNKN: 54.03 (+2.52), NJ: 18.57 (+0.12), LOOK: 1.97 (+0.37), ARRS: 35.76 (-1.54), ERIC: 11.41 (-0.17), TXN: 54.73 (+0.01), PHM: 20.12 (+0.15), PTCT: 70.48 (-0.88), DPZ: 113.96 (+4.73), MOBL: 6.97 (-0.14)
ARRIS to acquire Pace in USD2.1bn cash and stock transaction
M2 - Thu Apr 23, 7:12AM CDT
ARRIS Group Inc (Nasdaq:ARRS), a provider of broadband media technology, and Pace plc (LSE
ARRS: 35.76 (-1.54)
Wall Street Breakfast: Where's The Value These Days?
Wall Street Breakfast - at Seeking Alpha - Thu Apr 23, 5:27AM CDT
CXO: 125.84 (-0.64), PZN: 9.25 (+0.05), OCR: 86.11 (-0.20), BTG: 1.55 (-0.03), HL: 3.04 (-0.06), AUQ: 3.43 (-0.11), SKX: 89.66 (+2.79), CNQ: 33.62 (-0.01), INTC: 32.08 (-0.27), GOOG: 565.06 (+18.06), RRC: 61.36 (-0.58), NOK: 7.76 (-0.09), UUUU: 5.30 (-0.12), PBR: 9.99 (+0.59), URRE: 1.41 (-0.05), KGC: 2.30 (-0.01), GSM: 21.17 (+0.17), DNN: 0.95 (-0.02), SLW: 19.16 (-0.19), EOG: 96.72 (-1.55), TMUS: 34.31 (-0.13), SIRI: 3.96 (+0.03), MA: 90.72 (-0.16), AEC: 28.45 (+0.04), HAR: 145.10 (-1.39), GOLD: 74.55 (-1.54), FB: 81.53 (-0.88), NCR: 28.88 (-1.01), AU: 10.65 (-0.47), IAG: 2.12 (-0.03), MCP: 0.99 (+0.15), BA: 148.40 (-1.47), AVL: 0.30 (+0.01), IWB: 118.66 (+0.17), NG: 3.58 (-0.04), NFX: 38.76 (+0.72), PXD: 174.10 (-1.06), OSN: 0.70 (-0.03), TXN: 54.73 (+0.01), FNV: 49.24 (-1.07), PAAS: 9.18 (-0.15), MCD: 98.74 (+1.74), RGLD: 62.30 (-1.76), MRO: 30.33 (-0.22), AUY: 3.83 (-0.10), NVS: 104.28 (-1.22), KMI: 44.34 (-0.23), DHI: 26.57 (+0.42), CCJ: 17.30 (+0.03), CLR: 51.35 (-1.25), GFI: 4.10 (-0.19), LVS: 55.25 (+0.13), REMX: 27.59 (+0.33), URZ: 1.25 (-0.04), SU: 33.06 (+0.08), T: 34.01 (-0.22), UEC: 2.31 (-0.09), ECA: 14.00 (-0.04), XLP: 49.19 (+0.01), GMO: 0.80 (-0.04), V: 67.48 (-0.24), EBAY: 59.20 (+0.31), EGO: 4.70 (-0.20), S: 5.27 (+0.03), BHP: 51.04 (+1.82), TRN: 28.70 (-4.66), QCOM: 68.24 (-0.10), ANGI: 6.16 (-0.24), URG: 1.04 (+0.01), GOOGL: 573.66 (+16.20), EMC: 26.50 (-0.09), TWC: 155.26 (+6.50), AGI: 6.71 (-0.11), XLF: 24.28 (-0.04), AAPL: 130.28 (+0.61), REE: 0.76 (-0.03), APC: 92.65 (-0.81), KO: 40.89 (-0.06), BAM: 55.58 (+0.03), AMZN: 445.10 (+55.11), ABT: 48.32 (-0.14), ABX: 12.52 (-0.12), NEM: 24.98 (+1.53), DB: 34.26 (+0.11), ASML: 107.16 (-1.53), XLV: 74.39 (-0.24), VSI: 42.98 (-0.15), BIDU: 216.90 (+4.62), ARRS: 35.76 (-1.54), LEU: 5.22 (+0.58), CMCSA: 59.64 (+0.41), SBGL: 8.64 (-0.72), GG: 19.01 (-0.51), BABA: 84.57 (+2.29)
Arris Group will acquire UK's Pace for $2.1B, shares surge
AP - Wed Apr 22, 5:42PM CDT
NEW YORK (AP) — Arris Group said Wednesday it will buy British set-top box maker Pace for $2.1 billion in cash and stock and reincorporate in the U.K. to cut its taxes.
ARRS: 35.76 (-1.54), GOOGL: 573.66 (+16.20), GOOG: 565.06 (+18.06)
After Hours Gainers / Losers
Seeking Alpha - at Seeking Alpha - Wed Apr 22, 4:35PM CDT
OII: 54.10 (-1.47), EBAY: 59.20 (+0.31), CAKE: 52.98 (+0.56), ARRS: 35.76 (-1.54), XLNX: 42.88 (-0.88), AFOP: 19.33 (-0.43), TXN: 54.73 (+0.01), SGMO: 14.70 (-0.84), MOBL: 6.97 (-0.14), LVS: 55.25 (+0.13)
Arris buying set-top rival Pace for $2.1B; shares +25.7%
Seeking Alpha - at Seeking Alpha - Wed Apr 22, 4:17PM CDT
ARRS: 35.76 (-1.54)
ARRIS to Acquire Pace plc for $2.1 Billion in Stock and Cash
PR Newswire - Wed Apr 22, 3:29PM CDT
ARRIS Group, Inc. (NASDAQ: ARRS), a global innovator in broadband media technology, and Pace plc. (LSE: PIC) today jointly announced that they have agreed that ARRIS will acquire Pace for aggregate stock and cash consideration of US$2.1 billion (£1.4 billion). The acquisition is expected to be accretive to ARRIS Non-GAAP earnings per share in the first 12 months following the acquisition.
ARRS: 35.76 (-1.54)