During Monday’s Current trade, Shares of Quantum Corp (NYSE:QTM), lost -0.83% to $1.19.
Quantum Corp (QTM) has signed a definitive agreement (the “Agreement”) to acquire Columbus Hospital LTACH, LLC (the “LTACH”) http://columbusltach.org/, a company operating a long term acute care hospital in New Jersey (the “Acquisition”).
The LTACH is presently running on a four month unaudited annualized basis of about US$40,000,000 in revenue and about US$13,500,000 of EBITDA. QIIC’s legal counsel engaged independent consultants, Navigant Consulting Inc., to conduct a compliance review which has been accomplished. In addition, an independent external auditor was retained to conduct a financial review of the LTACH, which is ongoing.
Quantum Corporation provides scale-out storage, archive, and data protection solutions for small businesses to major enterprises in the Americas, Europe, and the Asia Pacific. Its scale-out storage and archive products comprise StorNext File System software, which provides file sharing, storage, and archive for content workflows, digital libraries, and data repositories; StorNext Storage Manager software that automatically copies and migrates data between different tiers of storage based on user-defined policies; StorNext appliances that offer predictable file sharing and in purpose-built configurations of metadata controllers, expansion appliances, and disk and archive enabled libraries; and Lattus Object Storage solutions, which enable high volumes of data to be accessible at any time to extract valuable information.
Shares of Jacobs Engineering Group Inc (NYSE:JEC), declined -0.78% to $39.25, during its current trading session.
Jacobs Engineering Group Inc. (JEC) declared that it was awarded a five-year, multiple use contract by Suncor Energy Services Inc. for turnaround services at Suncor facilities located in the Wood Buffalo region of Alberta, Canada.
Under the terms of the contract, Jacobs may provide pre-work, execution and post-work for turnaround events during planned outages at Suncor facilities. Turnaround services to be offered under this contract comprise mechanical, piping and support services.
Jacobs Engineering Group Inc. provides technical, professional, and construction services to various industrial, commercial, and governmental clients. It offers project services that comprise engineering, design, architectural, interiors, planning, environmental, and other services; and process, scientific, and systems consulting services, counting services performed in connection with scientific testing, analysis, and consulting activities, in addition to information technology, and systems engineering and integration activities.
- Rowe Price Group Inc (NASDAQ:TROW), during its Monday’s current trading session decreased -1.50% to $75.69.
- Rowe Price Group Inc (TROW)’s Retirement Saving & Spending Study revealed that a national sample of 1,505 millennials with 401(k)s have relatively good financial habits, particularly when compared with a national sample of 514 baby boomers with 401(k)s. While millennials are not saving at least 15% of their annual salary for retirement, as T. Rowe Price recommends, they recognize that saving for retirement is important and are interested in saving more.
More millennials than baby boomers track expenses carefully (75% vs. 64%) and stick to a budget (67% vs. 55%). And while baby boomers on average are saving a slightly higher percentage of their salary for retirement than millennials are saving, more millennials have raised their retirement savings within the past 12 months (40% vs. 21%). This suggests that they are acting in accordance with their financial priorities, as millennials ranked contributing to a 401(k) but below the match and paying down debt equally as their top priority.
- Rowe Price Group, Inc. is a publicly owned asset administration holding company. The firm provides its services to individuals, institutional investors, retirement plans, financial intermediaries, and institutions. Through its auxiliaries, it launches and manages equity and fixed income mutual funds. The firm also launches balanced mutual funds and private equity funds.
Finally, Assured Guaranty Ltd. (NYSE:AGO), decreased -0.20%, to $24.93.
Assured Guaranty Ltd. (AGO) declared that it will issue its financial results press release for the second quarter ended June 30, 2015 not later than 7:00 a.m. Eastern Time on Thursday, August 6, 2015. The press release and Assured Guaranty Ltd.’s June 30, 2015 Financial Supplement will be accessible in the Investor Information section of the Company’s website located at AssuredGuaranty.com.
Assured Guaranty Ltd., through its auxiliaries, provides credit protection products to public finance, infrastructure, and structured finance markets in the United States and internationally. It offers financial guaranty insurance that protects holders of debt instruments and other monetary obligations from defaults in planned payments. The company insures various debt obligations, counting bonds issued by the United States state or municipal governmental authorities; notes issued to finance infrastructure projects; and asset-backed securities issued by special purpose entities.
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