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News Breaks | | | | March 8, 2013 | | 08:47 EDT |  | AQ | Acquity decision to explore options for JVs positive, says William Blair
After Acuity Group announced that it would explore strategic options for its two joint ventures, William Blair thinks the decision is positive, as the firm believes that the ventures hurt the company's domestic operations and haven't gained as much traction as previously expected. The firm recommends buying Acuity's shares at current levels. | |
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News For AQ From The Last 14 Days Check below for free stories on AQ the last two weeks. |
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| May 20, 2013 | | 16:22 EDT |  | AQ | On The Fly: Closing Wrap
 Subscribe for More Information | | | 13:06 EDT | | AQ | On The Fly: Midday Wrap
Stocks on Wall Street were modestly higher at midday as the Dow and S&P seek to continue their march higher after closing last week at record levels. ECONOMIC EVENTS: In the U.S., the light domestic economic calendar included the Chicago Fed National Activity index, which slipped to -0.53 for April from its prior reading of -0.23. In Asia, the Hang Seng and Shanghai Composite both climbed after Chinese home prices were reported to have risen in April. COMPANY NEWS: Yahoo (YHOO) confirmed it is buying social media platform Tumblr for $1.1B, as widely reported over the weekend, and promised "not to screw it up" in its press release to announce the deal... Actavis (ACT) agreed to acquire Warner Chilcott (WCRX) in a stock-for-stock transaction valued at approximately $8.5B. The deal, which was approved by the boards of both companies, equates to a value of $20.08 per Warner Chilcott share based on Actavis' closing share price on Friday, the companies said. MAJOR MOVERS: Among the notable gainers were some other companies with M&A news: Acquity Group (AQ) shares more than doubled after Accenture (ACN) agreed to buy the company for $13.00 per American Depositary Share, and Pactera Technology (PACT) gained 31% after receiving a non-binding proposal from a Blackstone (BX) affiliate to be taken private for $7.50 per ADS. Among the noteworthy losers was XenoPort (XNPT), which fell 11% after one of its drugs failed in a Phase III trial for multiple sclerosis spasticity. Also lower were shares of Red Hat (RHT), which slid 4% following a downgrade to Market Perform at BMO Capital. INDICES: Near 1 pm ET, the Dow was up 13.67, or 0.09%, to 15,368.07; the Nasdaq was up 1.13, or 0.03%, to 3,500.10; and the S&P 500 was up 2.18, or 0.13%, to 1,669.65. | | | 09:26 EDT |  | AQ | On The Fly: Pre-market Movers
Subscribe for More Information | | | 07:18 EDT |  | AQ | Acquity Group downgraded to Market Perform from Outperform at William Blair
Subscribe for More Information | | | May 17, 2013 | | 16:34 EDT | | AQ | Accenture acquires Acquity Group for $316M
Subscribe for More Information | | | 16:32 EDT | | AQ | Accenture acquires Acquity Group for $316M
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