Vonovia SE said Monday that it is launching its public takeover offer at 53 euros ($62.01) per outstanding share for Deutsche Wohnen SE and that this will be its final attempt to buy the company after having failed already before.
The real-estate company had already said earlier this month that it had agreed with its German rival to launch the new offer after failing in July to reach the minimum acceptance threshold of 50% from Deutsche Wohnen’s shareholders when the offer price was at EUR52 a share. The new deal, worth roughly EUR19.1 billion, would create Europe’s largest residential real-estate group, and represents a 17.8% premium on Deutsche Wohnen’s share price unaffected by the news of a takeover, it said.
Vonovia said the new price and offer are final. “An increase in the offer price during the acceptance period or during the additional acceptance period is irrevocably excluded,” it said. “Nor will a third offer be presented to the shareholders of Deutsche Wohnen,” Vonovia said.
Top Stocks To Buy For 2023: Altair Engineering Inc.(ALTR)
Altair Engineering Inc., together with its subsidiaries, provides software and cloud solutions in the areas of simulation, high-performance computing, data analytics, and artificial intelligence worldwide. The company operates through two segments, Software and Client Engineering Services. Its software segment includes solvers and optimization technology products, high-performance computing software applications and hardware products, modeling and visualization tools, data analytics and analysis products, and IoT platform and analytics tools, as well as support and complementary software products. This segment also provides software technologies in the areas of computational fluid dynamics and fatigue, manufacturing process simulation, and cost estimation for the applications in marine, motorcycle, aerospace, chemical, and architecture industries; and software-related services, such as consulting, implementation, and training services focused on product design and development expertise and analysis from the component level up to complete product engineering at various stage of the lifecycle. The Client Engineering Services segment offers client engineering services. Its integrated suite of software optimizes design performance across various disciplines, including structures, motion, fluids, thermal management, electromagnetics, system modeling, and embedded systems. Altair Engineering Inc. was founded in 1985 and is headquartered in Troy, Michigan.
Advisors’ Opinion:
- [By Motley Fool Transcribers]
Altair Engineering Inc. (NASDAQ:ALTR)Q4 2018 Earnings Conference CallFeb. 28, 2019, 4:30 p.m. ET
Contents:
Prepared Remarks Questions and Answers Call Participants
Prepared Remarks:Operator
- [By Shane Hupp]
Altair Engineering Inc (NASDAQ:ALTR) has received a consensus recommendation of “Buy” from the nine research firms that are currently covering the stock, Marketbeat.com reports. Three research analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $38.29.
- [By Shane Hupp]
MiX Telematics (NYSE:MIXT) and Altair Engineering (NASDAQ:ALTR) are both computer and technology companies, but which is the superior stock? We will contrast the two businesses based on the strength of their risk, earnings, dividends, analyst recommendations, institutional ownership, valuation and profitability.
- [By Shane Hupp]
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Top Stocks To Buy For 2023: Bank of Nova Scotia (BNS)
The Bank is Canada’s international bank and a leading financial services provider in North America, Latin America, the Caribbean and Central America, and parts of Asia. Through our team of more than 89,000 employees, we are dedicated to helping our 23 million customers become better off through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking and capital markets.
As reported in accordance with IFRS, for the fiscal year ended October 31, 2015, the Bank’s net income attributable to common shareholders was $6,897 million, a decrease of $19 million from $6,916 million or 0.3% lower than 2014. Earnings per share (on a diluted basis) were $5.67, compared to $5.66 in 2014. Return on equity was 14.6%, compared to 16.1% in 2014. In fiscal 2015, the Bank’s actual dividend payout ratio was 47.7% compared to 45.0% in 2014. Advisors’ Opinion:
- [By Dan Caplinger]
Sometimes, investors beat down a dividend stock so far that it just gets embarrassingly cheap. Below, I’ll take a closer look at Bank of Nova Scotia (NYSE:BNS), Valero Energy (NYSE:VLO), and Ford Motor (NYSE:F) — all of which have attractive dividend yields, low valuations, and the potential to restore shareholders’ faith in their long-term business prospects.
- [By Motley Fool Transcribing]
The Bank of Nova Scotia (NYSE:BNS) Q1 2019 Earnings Conference CallFeb. 26, 2019 7:30 a.m. ET
Contents:
Prepared Remarks Questions and Answers Call Participants
Prepared Remarks:Philip Smith — Senior Vice President of Investor Relations
- [By Stephan Byrd]
Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) – Equities researchers at National Bank Financial raised their Q2 2019 earnings per share estimates for Bank of Nova Scotia in a report issued on Monday, February 18th. National Bank Financial analyst G. Dechaine now anticipates that the bank will post earnings of $1.77 per share for the quarter, up from their prior estimate of $1.76. National Bank Financial currently has a “Sector Perform” rating and a $80.00 target price on the stock.
- [By Max Byerly]
Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) – Research analysts at Cormark raised their Q1 2019 earnings per share (EPS) estimates for shares of Bank of Nova Scotia in a note issued to investors on Tuesday, February 19th. Cormark analyst M. Grauman now expects that the bank will earn $1.90 per share for the quarter, up from their previous forecast of $1.86. Cormark also issued estimates for Bank of Nova Scotia’s FY2019 earnings at $7.69 EPS and FY2020 earnings at $8.23 EPS.
Top Stocks To Buy For 2023: CommVault Systems, Inc.(CVLT)
CommVault Systems, Inc. (CommVault), incorporated on April 19, 1996, is a provider of data and information management software applications and related services. The Company develops, markets and sells a suite of software applications and services, primarily in North America, Europe, Australia and Asia, that provides its customers with data protection solutions supporting all operating systems, applications, and databases on virtual and physical servers, Network Attached Storage (NAS) shares, cloud-based infrastructures, and mobile devices; management through a single console; multiple protection methods, including backup and archive, snapshot management, replication, and content indexing for eDiscovery; storage management using deduplication for disk, tape and cloud; integration with the storage arrays; complete virtual infrastructure management supporting multiple hypervisors; security capabilities to limit access to critical data; policy-based data management, and an end user experience that allows them to protect, find and recover their own data using common tools, such as Web browsers, Microsoft Outlook and File Explorer. The Company also provides its customers with a range of professional and customer support services.
Software
The Company offers a range of software, including Commvault software solutions; data protection, backup and recovery, such as virtual machines (VMs) and cloud platforms, databases, e-mail and enterprise applications, file protection and recovery, endpoint data protection and source-side deduplication; cloud and infrastructure management, such as VM and cloud management, snapshot management and workflow automation, and retention and compliance, such as content based retention, enterprise search and e-discovery, e-mail archiving, data loss prevention and secure file sharing. The Company’s Commvault software suite contains solutions that are all built on a single unified code base and platform to protect, manage and access data and information. Within the platform, software features deliver functionality throughout physical and virtual environments to help protect and recover the data.
Its Data Protection, Backup and Recovery software solutions provide enterprise-level backup and recovery from a single, centralized management console. It covers a range of data sources, file types, storage media and backup modes from snapshots to streaming. Its integrated, automated data protection approach provides a single, complete view of all stored data no matter where if it is on premise or in the cloud. Its software solution allows for the backup of databases, files, applications, endpoints and VMs with efficiency according to data type and recovery profile. It also helps to optimize storage with deduplication, recover data and leverage reports to manage backup and recovery processes. Its Cloud and Infrastructure Management software solutions provide a way to manage storage hardware and virtual infrastructure as data volumes grow and more applications move to the cloud. Its single virtual content repository allows users to index, archive and search managed data using its retention and compliance software solutions.
Services
From planning, to deployment, to operations, the Company offers a complete set of technical services, training and support options that manage the operational benefits of its suite of software applications. It offers multiple levels of customer support that can be tailored to the customer’s response needs and business sensitivities. Its customer support services consist of real-time support, technology consulting services, business consulting services and education services. Its support staff is available round the clock by telephone to provide first response and manage the resolution of customer issues. In addition to phone support, its customers have access to an online product support database for help with troubleshooting and operational questions. Its software design is also an element in its customer support, including root cause problem analysis, intelligent alerting and troubleshooting assistance. Its software is directly linked to its online support database allowing customers to analyze problems without engaging its technical support personnel. It also has established support operations in Reading, the United Kingdom; Sydney, Australia, and Shanghai, China, which are complemented by regional support centers in other locations across the world. It offers various customer support services, such as Enterprise Support. Its Enterprise Support service is for customers with critical support needs and builds on its round the clock real-time support deliverables, and includes various levels of services to ensure support and customized reporting. It offers services, such as architecture design; implementation; personalization; data migration, and health assessment. It offers services, such as disaster recovery readiness and policy implementation, private cloud services design, data classification and archive policy implementation, and operational efficiency assessment. It provides global onsite training, offsite training and self-paced online alternatives for its products.
The Company competes with EMC, IBM, Veritas and Veeam.
Advisors’ Opinion:
- [By Shane Hupp]
Get a free copy of the Zacks research report on CommVault Systems (CVLT)
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- [By Stephan Byrd]
Get a free copy of the Zacks research report on CommVault Systems (CVLT)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Top Stocks To Buy For 2023: Westinghouse Air Brake Technologies Corporation(WAB)
Westinghouse Air Brake Technologies Corporation, doing business as Wabtec Corporation, is a Delaware corporation with headquarters at 1001 Air Brake Avenue in Wilmerding, Pennsylvania. Our telephone number is 412-825-1000, and our website is located at www.wabtec.com. All references to “we”, “our”, “us”, the “Company” and “Wabtec” refer to Westinghouse Air Brake Technologies Corporation and its subsidiaries. Westinghouse Air Brake Company (“WABCO”) was formed in 1990 when it acquired certain assets and operations from American Standard, Inc., now known as Trane (“Trane”). In 1999, WABCO merged with MotivePower Industries, Inc. (“MotivePower”) and adopted the name Wabtec. Today, Wabtec is one of the world’s largest providers of value-added, technology-based equipment and services for the global rail industry. Advisors’ Opinion:
- [By Logan Wallace]
WABnetwork (CURRENCY:WAB) traded up 5.8% against the US dollar during the 24 hour period ending at 22:00 PM ET on March 12th. WABnetwork has a total market capitalization of $280,832.00 and $11,478.00 worth of WABnetwork was traded on exchanges in the last day. One WABnetwork token can currently be bought for $0.0000 or 0.00000001 BTC on popular cryptocurrency exchanges including Hotbit, IDEX, Mercatox and IDAX. During the last seven days, WABnetwork has traded up 0.1% against the US dollar.
- [By Adam Levine-Weinberg]
However, any reasonable doubt about GE’s ability to repay its debts vanished on Monday. First, the company completed the merger of its transportation division with Westinghouse Air Brake Technologies (NYSE:WAB), generating immediate proceeds of $2.9 billion. Second, and even more importantly, GE announced a deal to sell its BioPharma business to Danaher (NYSE:DHR) for more than $21 billion.
- [By Motley Fool Transcribing]
Westinghouse Air Brake Technologies (NYSE:WAB) Q4 2018 Earnings Conference CallFeb. 25, 2019 8:30 a.m. ET
Contents:
Prepared Remarks Questions and Answers Call Participants
Prepared Remarks:Operator
- [By Matthew DiLallo]
Westinghouse Air Brake Technologies (NYSE:WAB), or Wabtec, closed the books on 2018, delivering fourth-quarter results that were about as expected. Not only did the company benefit from a rebound in the freight market, but its transit segment also continued to enjoy healthy market conditions. The company expects those twin tailwinds to continue in 2019, providing a further boost to the anticipated benefits of its merger with GE’s (NYSE:GE) Transportation unit, which closed this week.
Top Stocks To Buy For 2023: Magic Software Enterprises Ltd.(MGIC)
Magic Software Enterprises Ltd. provides proprietary application development, business process integration, and vertical software solutions and related professional services. The companys software solutions are used by customers to develop, deploy, and integrate on-premise, mobile, and cloud-based business applications. It operates in two segments, Software Solutions and IT Professional Services. The company offers Magic xpa application platform, a proprietary application platform for developing and deploying business applications; AppBuilder application platform for building, deploying, and maintaining mainframe-grade business applications; and Magic xpi integration platform, a graphical wizard-based code-free solution. It also provides vertical software solutions comprising Leap, a software solution for business support systems; Hermes Solution for both hubs and traditional air cargo ground handling operations; HR Pulse, a customized software as a service and on premise solution for human capital management; and MBS Solution, a system for managing TV broadcast channels. In addition, the company offers IT services, including professional services in the areas of infrastructure design and delivery; application development; technology consulting, planning, and implementation; and support and supplemental staffing services. Further, it provides software maintenance, support, training, and consulting services. The company markets and sells its products through its direct sales representatives and offices, independent country distributors, magic software providers, system integrators, distributors, resellers, and consulting and OEM partners. The company was formerly known as Mashov Software Export (1983) Ltd. and changed its name to Magic Software Enterprises Ltd. in 1991. Magic Software Enterprises Ltd. was founded in 1983 and is headquartered in Or Yehuda, Israel. Magic Software Enterprises Ltd. is a subsidiary of Formula Systems (1985) Ltd.
