Month: August 2011

Osiris Therapeutics Inc. ( OSIR ) reported second quarter earnings of 5 cents per share, flat from the year-ago period and well below the Zacks Consensus Estimate of 11 cents. […]

Amylin Pharmaceuticals, Inc. ( AMLN ), Eli Lilly and Company ( LLY ) and Alkermes, Inc. ( ALKS ) recently announced that the US Food and Drug Administration (FDA) has fixed an action date for their type II diabetes candidate, Bydureon (exenatide once-weekly). […]

Dell Inc . ( DELL ) is slowly expanding its reach in the Health IT marketplace. NextGen Healthcare has entered into an agreement with Dell to jointly market health information technology products and services to medical practices, hospitals and physician networks […]

CACI International Inc. ( CACI ) recently received one of the 15 prime contracts from the Department of Veterans Affairs (VA) for a ceiling value of $12 billion. The contract is an indefinite delivery/indefinite quantity contract, with a tenure of five-years […]

Raytheon Company ( RTN ) has received a $32.2 million contract from the U.S. Navy for Global Positioning, Navigation and Timing Service (‘’GPNTS’’) program. The program is designed to replace the current Navigation Sensor System Interface and support mission-critical real-time positioning, navigation, and timing data services. […]

Contraception device maker Conceptus Inc. ( CPTS ) recently announced that the US Food and Drug Administration (FDA) approved the removal of nickel hypersensitivity contraindication from the Essure procedure Instructions for Use (IFU). Conceptus expects this endorsement to further boost the sale of the company’s non-surgical permanent birth control procedure, Essure, by expanding the number of potential patients eligible for the method […]

In order to improve profitability amid revenue headwinds due to a weak economy and stricter capital requirements by regulators, Bank of New York Mellon Corp ( BK ) announced a job cut plan on Wednesday. BNY Mellon is not the first to announce this measure; it has followed in the footsteps of many other large global banks. […]

In big, indiscriminate sell-offs in the market, there are always some companies that just get “stupid cheap.” They might not be the best companies in the world, but they are simply being given away. I’m not talking about companies that are falling apart, just ones that might not be the most exciting in the world. To make sure I’m not looking at firms that are on the verge of implosion, I required that they have a Zacks #1 Rank (Strong Buy) or Zacks #2 Rank (Buy) […]

Peabody Energy Corporation ( BTU ) has signed a new licensing agreement with Yanzhou Coal Mining Company Limited ( YZC ), a subsidiary of Yankuang Group Co. Ltd., to improve the recovery of coal at its Australian mine. […]