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Spirit Airlines Receives Consensus Rating of "Buy" from Analysts

2015-09-08 17:05:45| Airlines - Topix.net

Spirit Airlines has earned a consensus recommendation of "Buy" from the nineteen ratings firms that are currently covering the company, MarketBeat reports . One analyst has rated the stock with a sell rating, five have assigned a hold rating, eleven have assigned a buy rating and two have issued a strong buy rating on the company.

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Conviviality Retail to buy Matthew Clark from Accolade Wines, Punch Taverns

2015-09-08 11:28:00| Daily beverage news and comment - from just-drinks.com

UK off-trade group Conviviality Retail is to take full ownership of Matthew Clark after owners Accolade Wines and Punch Taverns agreed to a GBP200m (US$300m) sale.

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Equinix to buy Japan's Bit-isle for JPY 33 bln

2015-09-08 11:01:00| Telecompaper Headlines

(Telecompaper) Data centre operator Equinix is expanding in Japan with the acquisition of Tokyo-based Bit-isle. The offer of JPY 922 per share cash values Bit-isle at JPY 33.3 billion (USD 280 million). The acquisition of Bit-isle will further strengthen Equinix's position in Asia-Pacific, the company's fastest growing region, as well as improve the company's market position in Japan. The integration of Bit-isle and Equinix's existing operations in Japan will create the fourth largest data centre operator in Japan. Equinix will gain five data centres in Tokyo and one in Osaka in close proximity to the existing Equinix International Business Exchange data centres in Japan. After the completion of the TY5 site in Q1 2016, Equinix will have a total 10 IBX data centres in Tokyo and two in Osaka. 

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Alaska Air Group Upgraded by Vetr Inc. to Buy

2015-09-08 10:55:51| Airlines - Topix.net

The brokerage currently has a $77.25 target price on the stock. Vetr 's price objective would indicate a potential downside of 1.69% from the company's current price.

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Interoute to buy Easynet for GBP 402 million

2015-09-08 10:40:00| Telecompaper Headlines

(Telecompaper) European data centre operator Interoute has agreed to buy managed services provider Easynet. The takeover gives Easynet an enterprise value of GBP 402 million; no further financial details were released. Interoute said the takeover will allow it to offer its enterprise, government and service provider customers a full range of services, as well add new skills and growth prospects for the group. The takeover will increase its annual sales to over EUR 700 million, based on pro forma figures for the 12 months to June. The takeover follows the investment of private equity funds in Interoute earlier this year, aimed at expanding the company's presence in key markets such as the UK and US. Easynet is based in the UK operates and offers a range of unified communications, hosting, colocation, connectivity, security and voice services. It was acquired by the UK-based public sector services specialist MDNX, backed by private equity fund Equistone Partners, in late 2013. Based in London, Interoute over 67,000 km of lit fibre, 12 data centres and 31 collocation centres, with connections to 195 additional third-party data centres. 

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