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Mad Money Recap With Jim Cramer: A Plan for Earnings Season TheStreet 1/16/2021 © TheStreet Mad Money Recap With Jim Cramer: A Plan for Earnings Season It's always difficult to navigate earnings season, Jim Cramer told his Mad Money viewers Friday, but there are opportunities out there if you know where to look. Cramer's game plan for next week's action begins on Tuesday, after the long holiday weekend. He expects great earnings from Goldman Sachs but said Bank of America will be hard pressed to impress Wall Street. He still liked Netflix , but said streaming fatigue is beginning to s...

On the heels of its IPO, Porch acquired four startups for $122 million, but the company’s losses are widening.

Acquisition of Homeowners of America by Porch Group News provided by Share this article (PRNewsfoto/IA Capital Group) NEW YORK, Jan. 14, 2021 /PRNewswire/ -- Homeowners of America Holding Corporation (HOA) and Porch Group, Inc. (NASDAQ: PRCH) (Porch) have executed definitive agreements for Porch to acquire HOA and all related subsidiaries. The transaction, which is pending only regulatory approval, is expected to close early in the second quarter of 2021. Homeowners of America is a Managing General Agent (MGA) and insurance carrier hybrid with high margins and a capital efficient reinsurance ...

Home services platform Porch acquires four companies Only a few weeks after its SPAC IPO, Porch today announced that it has made four acquisitions, worth a total of $122 million. The most important here is probably the acquisition of Homeowners of America for $100 million, which gets Porch deeper into the home insurance space. In addition, Porch is also acquiring mover marketing and data platform V12 for $22 million, as well as home inspection service Palm-Tech and iRoofing, a SaaS application for roofing contractors. Porch did not disclose the acquisition prices for the latter two companies....

Porch, a real estate technology startup that offers a home improvement marketplace and enterprise software, made its stock market debut Thursday after completing a merger with a “blank check” company earlier this week. The merger brought together Seattle-based Porch with Los Angeles-based PropTech Acquisition Corporation (PAC). The latter firm is what’s known as a special purpose acquisition company, or SPAC, which is a business that exists to go public and then later merge with a larger firm. Such mergers allow companies like Porch to begin selling shares more quickly and easily than i...