Devon Energy and WPX Energy have agreed to a merger of equals that will create a company that will retain the Devon name and have an enterprise value of around $12 billion.
Tuesday morning, WPX Energy announced a definitive merger agreement with privately held RKI Exploration & Production for a total payment of $2.75 billion.
WPX Energy announced that it signed an agreement to sell its San Juan Basin gathering system for consideration of approximately $309 million.
By William Trent, CFA of Stock Market Beat We noted recently that Small Cap Watch List and Mid Cap Watch List member Tempur-Pedic (TPX) is on a tear lately. Of course, with that kind of performance...
By William Trent, CFA of Stock Market Beat Stock Market Beat Small Cap Watch List and Mid Cap Watch List member Tempur-Pedic (TPX) issued the following news release this morning: Tempur-Pedic...
After looking at downgrades this morning and then after the stocks that hit 52-week lows, Sealy Corp. (NYSE:ZZ) showed up on the list.  Sealy saw its stock become broken last week after its...
Independent oil & gas producer Forest Oil Corp. (NYSE: FST) replaced its CEO this morning with an interim chief executive from its own board of directors. The departing CEO, H. Craig Clark, had been...
Source: ThinkstockJanssen Biotech announced that the U.S. Food and Drug Administration (FDA) approved Yondelis (trabectedin) for the treatment of patients with unresectable or metastatic liposarcoma...
Source: Jon OggIf you only read about bed sales at the retail level and if you have watched recent IPOs up until recently, you might think that the sector was doing very well.  In earnings season we...
K-Sea GP Holdings LP has filed to come public via an initial public offering this morning. It has filed to sell up to $100 million in LP units for filing purposes, although that number may change as...
Mattress maker Tempur Pedic International Inc. (NYSE: TPX) updated full-year and second-quarter guidance this morning and investors did not like what the company had to say. Sales in the second...
From 13D Tracker In an amended 13D filing on Lenox Group Inc. (NYSE: LNX), Clinton Group showed they bumped their stake in the company to 10.9% from 9.6%. The firm also disclosed a letter to the...
These are some of the top pre-market analyst upgrades and positive research calls we have seen from Wall Street early this Tuesday morning: Brinker International (EAT) Raised to Buy at Argus...
ProShares has just launched four new exchange-traded funds.  While these are not “all” BRIC countries (Brazil, Russia, India, China), BRIC investors will now get a couple of more tools to short...