BCOR – Strategic acquisition portends significant expansion. Last week Blucora announced intentions to acquire 1st Global, a provider of tax planning and wealth management services based in Dallas, Texas. The highly strategic transaction is…
FWRD – Tuck in acquisition improves competitive position. Last week Forward Air Corporation announced the acquisition of FSA Logistix, a provider of last-mile delivery services. FSA Logistix has bases in Florida and Texas. In addition to $27 million in…
LXFR – Updated view following earnings report. Despite a year-over-year decrease in sales in the final three months of 2018, Luxfer Holdings managed to crank out a 10.6% year-over-year increase in sales for the full year to $487.9 million. Sales resulted in a net loss $8.5 million or $0.31 per share.