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Stock Market & Financial Investment News

News Breaks
January 7, 2013
07:54 EDTIDN, ADK, VSR, BIOL, ORBC, LCUT, AETI, LFVNSidoti to host a conference
6th Semi-Annual Micro-Cap Conference is being held in New York on January 7.
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February 26, 2015
10:08 EDTORBCORBCOMM and Komatsu sign renewed services agreement
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February 23, 2015
16:11 EDTLCUTLifetime Brands to acquire Reed & Barton
Lifetime Brands announced that it has entered into an asset purchase agreement to acquire the operating assets and to assume certain liabilities of Reed and Barton Corporation, which has filed for bankruptcy protection. The agreement provides that Lifetime will purchase the assets pursuant to Section 363 of the United States Bankruptcy Code. The transaction is subject to a number of conditions, including completion of an auction process and bankruptcy court approval. In addition, the company announced that it has amended its bank credit agreement. The amendment provides for a more gradual reduction in the permitted maximum senior leverage ratio, beginning March 31, 2015, than previously was the case. The amendment also revises the definition of EBITDA to exclude expenses incurred in respect of a financing that the Company chose not to complete due to adverse market conditions and the acquisition of Reed & Barton, if not completed. The amendment also includes clarifying language as to the exclusion of potential earn-out payments related to certain completed acquisitions. The amendment will be filed today on Form 8-K.
12:41 EDTADKPark City Capital raises stake in AdCare to 7.1% from 6.3%
07:08 EDTIDNIntellicheck signs contract with Helzberg Diamonds for ID Check
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February 19, 2015
08:09 EDTADKAdCare leases two facilities in Georgia
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