Boston, MA 04/03/2014 (wallstreetpr) – Emerge Energy Services LP (NYSE:EMES) has recently shown interesting and encouraging uptrend, all coming on solid volume above the average. The nice rally has seen the stock breaching key price barriers and attaining new historic prices. Shares have jumped more than 36 percent in the past one month duration. But even in the midst of the uptrend, analysts see little to celebrate about in the stock. In the past one month the stock received three negative earnings estimate revisions and only one positive revision. And earnings estimate consensus at Zacks has also moved the wrong direction over the same period. Thus, it seems trouble is brewing up ahead for the stock of Emerge Energy Services LP (NYSE:EMES).
Gentherm Inc (NASDAQ:THRM) whose shares jumped to a new one-year high in the last session, announced its acquisition of Global Thermoelectric Inc (GTE). The transaction is all-cash. GTE is a leading global provider of industrial generator systems, mostly serving the remote areas. Its list of customers includes some of the leading names in energy supply such as Shell, Total SA, Exxon Mobile and Gazprom. By adding GTE to its portfolio, THRM is looking to expand its opportunities in thermoelectric power business, especially in industries such as military, remote oil and gas, security and telecoms. GTE experienced revenue of $34 million in fiscal 2013. According to Gentherm Inc (NASDAQ:THRM) CEO Daniel R. Coker, GTE’s acquisition is part of their ambitious plan to diversify and boost the capability of the business. More details about the transaction will be available in due course as closing of the deal is subject to the regulatory approval.
Arrow Electronics, Inc. (NYSE:ARW) is among the companies that have been honored in this year’s InformationWeek Elite 100. This year’s theme centered on the ranking of digital businesses and customer-focused solutions. ARW made it to the list with its innovative information technology which places important solutions at the fingertips of millions of what them. The recognition was particularly related to Arrow Electronics, Inc. (NYSE:ARW)’s product lifecycle platform which provides vital services to decision makers.