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Stock Market & Financial Investment News

News Breaks
March 11, 2014
08:33 EDTRMCFU-Swirl acquires business assets of Moxie USA
U-Swirl announced that its wholly-owned subsidiary, Moxie Consumer Products, which was created for the purpose of selling beverages, toppings, and other consumer products, has acquired the business assets of Moxie USA, LLC. The acquisition of all intellectual property and worldwide license rights includes the rights associated with national, regional, and local distributors that are currently purchasing beverage and candy products for sale across more than 15 States. U-Swirl purchased the Moxie USA, LLC assets for an earn-out of up to a total of 250,000 shares of SWRL common stock over a two-year period, based upon EBITDA generated by the acquired assets. U-Swirl, Inc. is majority-owned by Rocky Mountain Chocolate Factory.
News For RMCF From The Last 14 Days
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July 21, 2014
13:34 EDTRMCFRocky Mountain Chocolate enters stock purchase agreements
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July 15, 2014
08:21 EDTRMCFRocky Mountain Chocolate sees bright outlook for FY15
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08:19 EDTRMCFRocky Mountain Chocolate reports Q1 non-GAAP EPS 14c, one estimate 24c
Reports Q1 revenue $10.32M, one estimate $11.35M.
July 14, 2014
06:27 EDTRMCFLindt & Sprüngli acquires Russell Stover Candies
The Lindt & Sprüngli Group is acquiring the traditional U.S. family business Russell Stover Candies, headquartered in Kansas City, Missouri. Lindt & Sprüngli is financing the acquisition through net cash resources and bank loans and expects the transaction to make a strong positive contribution to the earnings per share from 2015 onwards. It has been agreed not to disclose the purchase price and other contractual details. Other companies that are in the confectionary industry in North America include Hershey (HYS) Rocky Mountain Chocolate (RMCF) and Mondelez (MDLZ). Reference Link

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