The Market Signal was created as a platform to help investors, if you own (NASDAQ:CHNG), (NYSE:RST) or (NYSE:HASI) and want to join the fastest growing community of investors on the web then sign up to the link below. Members get free access to the best investment tools in the world. Start trading like a pro today. This is a limited time offer so click the link below NOW.
https://themarketsignal.com/Free-Report/NOW
(Click link above or copy, paste and hit enter in your browser for your report)
Change Healthcare Acquires PROMETHEUS Analytics(R)
https://themarketsignal.com/Free-Report/CHNG
(Click link above or copy, paste and hit enter in your browser for your report)
Change Healthcare Inc. (NASDAQ:CHNG) is currently trading 9.82% above its 20 Days simple moving average and the stock looks bullish. The company has acquired a leading reimbursement approach based on episodes of care standards provider PROMETHEUS Analytics(R) from Altarum. The transactions will support Change Healthcare's efforts of focusing and investing in core businesses to boost growth. PROMETHEUS offers includes 90 episodes of care definitions that outline a wide range of treatment including those covered across providers.
Also, the company has reported its fiscal Q1 2021 financial results in which total revenue was $694.2 million comprising solution revenue of around $684.4 million. Net loss in the quarter was $58.7 million or $0.18 per share while adjusted net income was $81.2 million or $0.25 per share.
Cambium Learning Group To Acquired Rosetta Stone In An All-Cash Deal
https://themarketsignal.com/Free-Report/RST
(Click link above or copy, paste and hit enter in your browser for your report)
Rosetta Stone Inc. (NYSE:RST) is also currently looking bullish and the stock is trading 10.05% above its 20 Days simple moving average. The company has signed a definitive agreement with Cambium Learning Group which will see it acquired in an all-cash transaction. Cambium will pay Rosetta $30 per share which represents an equity value of around $792 million with the transaction expected to be completed in Q4 2020.
In the second quarter, the company reported consolidated revenue of $49.2 million which is a 7% YoY increase. Consolidated bookings in the quarter were $59.3 million which is a 41% YoY increase driven by growth in consumer and literacy bookings. The company reported a consolidated net loss of $3.6 million and an adjusted EBITDA of $4.1 million.
Hannon Armstrong Cap Announce $350 Million Offering Of Senior Unsecured Notes
https://themarketsignal.com/Free-Report/HASI
(Click link above or copy, paste and hit enter in your browser for your report)
Also, another stock looking bullish is Hannon Armstrong Cap Inc. (NYSE:HASI) which is currently trading 7.92% above its 20 Days simple moving average. The company has announced a private green bonds offering of $350 million in the principal aggregate amount of the senior unsecured notes due 2023. Net proceeds from the offering will be used in acquisition or refinancing eligible green projects that include carbon neutral or negative assets.
The company also announced its Q2 2020 results in which GAAP EPS $0.16 on a diluted basis while core EPS was $0.40. In 1H 2020 the company increased net investment income to $49 million. Also, the company declared a quarterly dividend of $0.34 per share.
Please email or contact us for any edits or errors relating to this stock market news.
If you would like information on using our press release distribution service aimed at helping investors with the best stocks to buy and how to create your own stock portfolio. We cover the US Stock Market, Canadian Stock Market, the Australian Stock Market and other Stock Market news.
We will get back to you within 24 hours.
COMTEX_370475080/2700/2020-09-01T08:24:01
Is there a problem with this press release? Contact the source provider Comtex at editorialpr@comtex.com.
