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Stock Market & Financial Investment News

News Breaks
January 29, 2013
05:39 EDTSWIR, NTGRNetgear to host conference call
Conference call to discuss acquisition of select assets of Sierra Wireless AirCard Business will be held on January 29 at 8:30 am. Webcast Link
News For NTGR;SWIR From The Last 14 Days
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December 22, 2014
07:01 EDTSWIRSierra Wireless to acquire Maingate for $90M in cash
Sierra Wireless announced that it has entered into a definitive agreement to acquire Maingate for $90M in cash. The transaction is expected to close in February 2015. Sierra Wireless will acquire all the outstanding shares of Maingate, including those held by Nordic private equity fund Verdane Capital VI, and retain the company’s M2M business which includes wireless connectivity services for M2M. Maingate’s current shareholders will retain the Enterprise Solutions business, which provides real-time data management tailored for energy services. CIBC World Markets Inc. is acting as financial advisor, and Blake Cassels & Graydon LLP and Advokatfirman Delphi are acting as legal counsel, to Sierra Wireless. Jefferies International Limited is acting as financial advisor and Advokatfirman Vinge KB is acting as legal counsel for Maingate.
December 18, 2014
05:50 EDTSWIRSierra Wireless initiated with a Hold at Jefferies
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December 17, 2014
10:02 EDTSWIROn The Fly: Analyst Downgrade Summary
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07:58 EDTSWIRSierra Wireless downgraded at RBC Capital
As noted earlier, RBC Capital downgraded Sierra Wireless to Sector Perform from Outperform. The firm downgraded the stock based on valuation. Target to $40 from $35.
06:14 EDTSWIRSierra Wireless downgraded to Sector Perform from Outperform at RBC Capital
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