The Art of the Sell Side
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The market got a lift from a report that showed factory orders rose in March for the first time since last July.
Furmanite: The Industrial & Refinery services company received a buyout offer from an undisclosed party and will evaluate the proposal.
Cyan: This Software Company is being purchased by network specialist Ciena in a cash-and-stock deal valued at $400 million.
Rite-Aid: The Drugstore Chain Operator is included in the list of companies participating in American Express' new loyalty program, Plenti.
Hill International: The Consulting Services Company received a buyout offer from private equity firm DC Capital Partners at a 40.7% premium.
Cognizant Tech: The Information Technology Company reported better-than-expected first quarter financial results and a positive fiscal outlook.
Array BioPharma: The Biotechnology Company reported better-than-expected fiscal third quarter financial results as it regained some drug rights.
(The Marietta Journal, May 5, 2015)
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