On Wednesday, MEDNAX Inc (NYSE:MD)’s shares declined -0.52% to $76.79.
MEDNAX, Inc. (MD), declared the acquisition of New Jersey Anesthesia Associates (NJAA), a private physician group practice based in Livingston, N.J.
NJAA employs 90 full-time clinicians (70 anesthesiologists, 13 anesthetists, two nurse practitioners and five physician assistants) that provide a full spectrum of anesthesia services at Saint Barnabas Medical Center (SBMC), a 577-bed non-profit teaching hospital, and Newark Beth Israel Medical Center. SBMC is the oldest and largest non-profit, nonsectarian hospital in New Jersey, serving more than 32,500 inpatients annually and together with Barnabas Health Ambulatory Center, more than 300,000 outpatients annually.
Both hospitals are part of Barnabas Health, New Jersey’s largest integrated health care delivery system. In addition, the practice provides anesthesia services at four ambulatory surgery centers and five outpatient facilities, and chronic pain services at five pain centers.
MEDNAX, Inc., together with its auxiliaries, provides neonatal, anesthesia, maternal-fetal, and other pediatric subspecialties physician services in the United States and Puerto Rico. T
VMware, Inc. (NYSE:VMW)’s shares gained 1.78% to $78.79.
AirWatch®, the leader in enterprise mobility administration (EMM), declared the International Association of Privacy Professionals (IAPP) granted AirWatch with the HP-IAPP Privacy Innovation Award for Most Innovative Privacy Technology. AirWatch received the award for its overall commitment to delivering a leading EMM platform focused on maintaining user privacy.
The HP-IAPP Privacy Innovation Award for Most Innovative Privacy Technology recognizes one organization annually that integrates privacy into solutions to elevate consumer trust and serve as a competitive differentiator. IAPP, the largest and most comprehensive global information privacy community, selected AirWatch based on the level of innovation, depth of adoption and integration of the AirWatch Privacy First program.
VMware, Inc. provides virtualization infrastructure solutions in the United States and internationally. The company’s virtualization infrastructure solutions comprise a suite of products designed to deliver a software-defined data center (SDDC), run on industry-standard desktop computers and servers, and support a range of operating system and application environments, in addition to networking and storage infrastructures.
At the end of Wednesday’s trade, New Media Investment Group Inc (NYSE:NEWM)‘s shares surged 3.14% to $15.46.
New Media Investment Group Inc. (NEWM) declared that it accomplished the acquisition of substantially all of the assets of the Monroe Publishing Company, counting the daily newspaper, the Monroe News, for $5.2 million in cash, or 4.1x 2014 As Adjusted EBITDA. With its 190 year heritage, the Monroe News, located in southeastern Michigan, is the longtime newspaper of record in its community, and has a daily and Sunday circulation of about 14,000 and 21,000, respectively.
Michael E. Reed, President and Chief Executive Officer of New Media, commented, “Recently’s declared acquisition highlights our continued success at purchasing high-quality, local media assets that fit well within our operating and financial metrics. The publications are located near our current cluster in Michigan which makes it the ideal tuck-in acquisition to integrate into our current operations. We are happy to add this terrific newspaper and its employees into our growing New Media family.”
New Media Investment Group Inc. owns, operates, and invests in local media assets in the United States. The company’s principal products comprise 93 daily newspapers with total paid circulation of about 842,000; 256 weekly newspapers with total paid circulation of about 297,000 and total free circulation of about 741,000; 103 shoppers with total circulation of about 2.6 million; 379 locally focused Websites and 360 mobile sites with about 119 million page views per month; 6 yellow page directories with a distribution of about 430,000 that covers a population of about 1.1 million people; and propel digital marketing services.
Total System Services, Inc. (NYSE:TSS), ended its Wednesday’s trading session with 1.21% gain, and closed at $45.44.
TSYS (TSS) will issue its third-quarter earnings report on October 27, 2015, at about 4:15 p.m. ET. A conference call to talk about these results, business trends and future projections will be held on October 27, 2015, at 5:00 p.m. ET. Shareholders and other interested persons may listen to this conference call via simultaneous internet broadcast at www.tsys.com by clicking on the link under “Webcasts” on the homepage. You must download Windows Media Player (free download accessible) before accessing the conference call or the replay. The conference call will be archived for 12 months and will be accessible starting 30 to 45 minutes after the call ends.
Total System Services, Inc. provides electronic payment processing services to banks and other financial institutions in the United States, Europe, Canada, Mexico, and internationally.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.
