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EHIC

eHi Car Services

$13.10

0.7 (5.65%)

08:57
04/06/18
04/06
08:57
04/06/18
08:57

Teamsport Parent to acquire eHi Car Services for $6.75 per share

eHi Car Services announced that it has entered into a definitive Agreement and Plan of Merger with Teamsport Parent Limited and Teamsport Bidco Limited, a wholly owned subsidiary of Parent. Pursuant to the Merger Agreement, Parent will acquire the company for cash consideration equal to $6.75 per common share of the Company or $13.50 in cash per American depositary share of the Company, each of which represents two Class A common shares of the Company, other than Rollover Shares and ADSs representing Rollover Shares, as applicable. This represents a 15.4% premium over the closing price of $11.70 per ADS as quoted by the NYSE on November 24, 2017, and a premium of 20.8% and 22.8%, respectively, over the Company's 30- and 60- trading day volume-weighted average price as quoted by the NYSE prior to November 24, 2017, the last trading day prior to the Company's announcement on November 27, 2017 that it had received a non-binding "going private" proposal (which announcement was updated on January 2, 2018 to reflect the proposal from an affiliate of MBK Partners Fund IV, L.P. and Ray Ruiping Zhang, the Chairman of the Board and Chief Executive Officer of the Company). The merger consideration also represents an increase of approximately 1.1% from the original $6.675 per Share and $13.35 per ADS offer price in the non-binding "going private" proposal dated January 1, 2018 from an affiliate of MBK Partners Fund IV, L.P. and Mr. Zhang. The consideration to be paid to holders of Shares and ADSs implies an equity value for the Company of approximately $937.5 million. Immediately following the consummation of the transactions contemplated under the Merger Agreement, Parent will be beneficially owned by a consortium comprising new investors, including certain affiliates of MBK Partners Fund IV, L.P., Baring Private Equity Asia Limited and Redstone Capital Management Limited, and certain existing shareholders of the Company, including L&L Horizon, LLC, an affiliate of Zhang, The Crawford Group, and Dongfeng Asset Management Co. Ltd. As of the date of the Merger Agreement, the members of the Consortium beneficially own in the aggregate 15,528,160 Class A common shares, which includes 5,264,080 ADSs that BPEA Teamsport Limited, an affiliate of Baring Private Equity Asia Limited, has the right to acquire pursuant to the terms of a Securities Purchase Agreement, dated as of February 23, 2018, between Tiger Global Mauritius Fund and BPEA Teamsport, and 25,836,435 Class B common shares, which represent in aggregate approximately 29.6% of the issued and outstanding common shares of the Company and 37.5% of the outstanding voting power of the Company. The Company's board of directors, acting upon the unanimous recommendation of the special committee formed by the board of directors, approved the Merger Agreement and the transactions contemplated by the Merger Agreement, including the Merger, and resolved to recommend that the Company's shareholders authorize and approve the Merger Agreement and the Transactions, including the Merger. The closing of the Merger is currently expected to occur during the second or third quarter of 2018, and is subject to the satisfaction or waiver of the closing conditions set forth in the Merger Agreement, including the requisite approval of the shareholders of the Company and the consent of requisite holders of the senior unsecured notes issued by the Company in 2015 and 2017, if applicable, as well as certain other customary closing conditions.

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CNMD

CONMED

$63.14

1.36 (2.20%)

21:15
04/25/18
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CONMED analyst commentary at Piper Jaffray »

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SSNLF

Samsung

20:48
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Samsung sees Q2 DRAM demand to stay solid and NAND demand to strengthen »

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AXS

Axis Capital

$56.82

-0.255 (-0.45%)

20:34
04/25/18
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20:34
Earnings
Axis Capital reports Q1 adjusted EPS $1.46, consensus $1.16 »

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VERI

Veritone

$16.92

-0.18 (-1.05%)

20:31
04/25/18
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20:31
Hot Stocks
Veritone to integrate BrainChip Holding AI machine learning applications »

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ENB

Enbridge

$29.27

-0.13 (-0.44%)

, EEP

Enbridge Energy

$10.55

0.29 (2.83%)

20:28
04/25/18
04/25
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20:28
Hot Stocks
Enbridge completes assessment of judge recommendations on Line 3 replacement »

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ENB

Enbridge

$29.27

-0.13 (-0.44%)

EEP

Enbridge Energy

$10.55

0.29 (2.83%)

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PEP

PepsiCo

$101.11

-0.32 (-0.32%)

, ABBV

AbbVie

$91.91

0.57 (0.62%)

20:25
04/25/18
04/25
20:25
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20:25
Earnings
Notable companies reporting before tomorrow's open »

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PEP

PepsiCo

$101.11

-0.32 (-0.32%)

ABBV

AbbVie

$91.91

0.57 (0.62%)

UNP

Union Pacific

$136.11

3.3 (2.48%)

UPS

UPS

$108.54

0.34 (0.31%)

BMY

Bristol-Myers

$51.78

0.2 (0.39%)

COP

ConocoPhillips

$65.07

-0.24 (-0.37%)

TWX

Time Warner

$96.27

0.25 (0.26%)

RTN

Raytheon

$213.25

-5.5 (-2.51%)

CME

CME Group

$161.07

-0.52 (-0.32%)

GM

General Motors

$38.10

0.18 (0.47%)

ITW

Illinois Tool Works

$151.68

2.1 (1.40%)

SPGI

S&P Global

$189.68

0.62 (0.33%)

VLO

Valero

$108.68

0.37 (0.34%)

PX

Praxair

$149.84

3.05 (2.08%)

LUV

Southwest

$53.85

-0.03 (-0.06%)

HLT

Hilton

$81.85

-0.19 (-0.23%)

RCL

Royal Caribbean

$118.49

1.2 (1.02%)

ALXN

Alexion

$106.07

-0.37 (-0.35%)

IP

International Paper

$53.44

0.68 (1.29%)

MGM

MGM Resorts

$35.32

-0.2 (-0.56%)

HSY

Hershey

$93.51

0.7 (0.75%)

DHI

D.R. Horton

$44.94

1.195 (2.73%)

NLSN

Nielsen

$34.34

0.835 (2.49%)

DPZ

Domino's Pizza

$233.00

0.925 (0.40%)

TSCO

Tractor Supply

$62.21

1 (1.63%)

DNKN

Dunkin' Brands

$62.13

0.92 (1.50%)

CRI

Carter's

$104.96

0.95 (0.91%)

TREE

LendingTree

$307.20

-20.45 (-6.24%)

SAVE

Spirit Airlines

$37.64

-0.615 (-1.61%)

KBR

KBR

$16.02

-0.255 (-1.57%)

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ROK

Rockwell Automation

$167.30

5.335 (3.29%)

20:08
04/25/18
04/25
20:08
04/25/18
20:08
Downgrade
Rockwell Automation rating change at Vertical Research »

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  • 25

    Apr

SNDE

Sundance Energy

$4.53

-0.03 (-0.66%)

, PXD

Pioneer Natural

$198.97

2.96 (1.51%)

20:02
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04/25
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20:02
Hot Stocks
Sundance Energy Australia acquires Eagle Ford assets, announces equity raise »

Sundance Energy Australia…

SNDE

Sundance Energy

$4.53

-0.03 (-0.66%)

PXD

Pioneer Natural

$198.97

2.96 (1.51%)

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SSNLF

Samsung

19:51
04/25/18
04/25
19:51
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19:51
Earnings
Samsung reports Q1 net profit KRW 11.61T »

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CHKP

Check Point

$96.33

-6.62 (-6.43%)

19:42
04/25/18
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19:42
Recommendations
Check Point analyst commentary at Jefferies »

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QTS

QTS Realty Trust

$34.04

0.31 (0.92%)

19:35
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19:35
Recommendations
QTS Realty Trust analyst commentary at MUFG »

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STB

Student Transportation

19:23
04/25/18
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19:23
Hot Stocks
Student Transportation obtains court order approving Spinner Can Acquireco deal »

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NCMGY

Newcrest Mining

19:15
04/25/18
04/25
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19:15
Hot Stocks
Newcrest Mining reports Q3 gold production 576K oz, down 6% from last quarter »

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PSA

Public Storage

$193.62

-0.115 (-0.06%)

19:04
04/25/18
04/25
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19:04
Hot Stocks
Public Storage names Natalia Johnson chief HR officer »

Ronald L. Havner, Jr.,…

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CADE

Cadence Bancorp

$28.80

-0.14 (-0.48%)

19:03
04/25/18
04/25
19:03
04/25/18
19:03
Earnings
Cadence Bancorp reports Q1 EPS 46c, consensus 44c »

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USAK

USA Truck

$25.56

-0.84 (-3.18%)

19:02
04/25/18
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19:02
Hot Stocks
USA Truck names Tim Guin as EVP and Chief Commercial Officer »

USA Truck announced that…

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BCS

Barclays

$12.01

-0.085 (-0.70%)

, PYPL

PayPal

$74.00

-1.29 (-1.71%)

19:01
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19:01
Hot Stocks
Barclays, PayPal announces strategic partnership »

Barclays (BCS) announced…

BCS

Barclays

$12.01

-0.085 (-0.70%)

PYPL

PayPal

$74.00

-1.29 (-1.71%)

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ORLY

O'Reilly Automotive

$228.03

3.31 (1.47%)

, CMG

Chipotle

$339.30

6.4 (1.92%)

19:00
04/25/18
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Hot Stocks
On The Fly: After Hours Movers »

UP AFTER EARNINGS:…

ORLY

O'Reilly Automotive

$228.03

3.31 (1.47%)

CMG

Chipotle

$339.30

6.4 (1.92%)

PCMI

PCM, Inc.

$10.60

0.1 (0.95%)

AMD

AMD

$9.72

-0.37 (-3.67%)

FB

Facebook

$159.69

0.03 (0.02%)

ECHO

Echo Global

$27.80

0.15 (0.54%)

XLNX

Xilinx

$63.70

-0.34 (-0.53%)

PYPL

PayPal

$74.00

-1.29 (-1.71%)

ALGN

Align Technology

$245.24

5.72 (2.39%)

CTXS

Citrix

$96.54

0.04 (0.04%)

V

Visa

$121.00

-0.41 (-0.34%)

CLGX

CoreLogic

$43.85

-0.57 (-1.28%)

F

Ford

$11.11

0.16 (1.46%)

QCOM

Qualcomm

$49.77

-0.17 (-0.34%)

LVS

Las Vegas Sands

$72.42

-1.38 (-1.87%)

LM

Legg Mason

$37.64

0.25 (0.67%)

INTU

Intuit

$176.38

-2.25 (-1.26%)

TWTR

Twitter

$29.88

-0.6 (-1.97%)

FARO

FARO Technologies

$60.50

-1.85 (-2.97%)

LMAT

LeMaitre

$39.00

0.19 (0.49%)

UHS

Universal Health

$122.03

1.5 (1.24%)

EBAY

eBay

$40.98

-0.2 (-0.49%)

T

AT&T

$35.19

0.19 (0.54%)

KEX

Kirby

$82.95

-1.85 (-2.18%)

GG

Goldcorp

$13.97

-0.38 (-2.65%)

BMRN

BioMarin

$81.41

0.33 (0.41%)

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NBIX

Neurocrine

$78.13

-0.3 (-0.38%)

18:59
04/25/18
04/25
18:59
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18:59
Hot Stocks
Neurocrine says Ingrezza improved TD symptoms regardless of body region »

Neurocrine Biosciences…

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  • 30

    Apr

AZPN

Aspen Technology

$85.50

0.39 (0.46%)

18:54
04/25/18
04/25
18:54
04/25/18
18:54
Earnings
Aspen Technology raises FY18 adj. EPS view to $2.24-$2.27 from $2.16-$2.21 »

Consensus $2.21. Raises…

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AZPN

Aspen Technology

$85.50

0.39 (0.46%)

18:53
04/25/18
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18:53
Earnings
Aspen Technology sees Q4 adjusted EPS 53c-55c, consensus 57c »

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ESV

Ensco

$6.03

-0.15 (-2.43%)

18:52
04/25/18
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18:52
Earnings
Ensco reports Q1 adjusted EPS (32c), consensus (27c) »

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  • 26

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CLB

Core Laboratories

$120.25

2.07 (1.75%)

18:50
04/25/18
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18:50
Earnings
Core Laboratories sees Q2 EPS 64c-66c, consensus 66c »

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SPY

SPDR S&P 500 ETF Trust

$263.64

0.52 (0.20%)

, SPX

S&P 500

18:47
04/25/18
04/25
18:47
04/25/18
18:47
Periodicals
Breaking Periodicals news story on SPDR S&P 500 ETF Trust, S&P 500 »

France's Macron sees…

SPY

SPDR S&P 500 ETF Trust

$263.64

0.52 (0.20%)

SPX

S&P 500

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SSNLF

Samsung

18:41
04/25/18
04/25
18:41
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18:41
Periodicals
Breaking Periodicals news story on Samsung »

Samsung to sell Hanwha…

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  • 18

    May

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