Month: August 2011

Urban Outfitters Inc . (URBN) has decided to optimize its shareholders’ return by employing its available free cash to buyback shares. The recently announced share repurchase program, which has no set time limit, authorizes the company to buy back up to $10 million shares of its common stock […]

Recently, Bristol-Myers Squibb Company ( BMY ) and partner Pfizer ( PFE ) announced encouraging data from a late-stage study (ARISTOTLE: n=18,201) which evaluated their blood thinner Eliquis (apixaban) in patients suffering from erratic heartbeat and carrying at least one additional risk factor for stroke. The cardiac rhythm disorder is referred to as atrial fibrillation (AF). Bristol-Myers and Pfizer presented detailed data from the study at the European Society of Cardiology […]

South Korean telecom giant SK Telecom Corp. Ltd. ( SKM ) won 1.8 gigahertz (GHz) licenses for KRW 995 million ($920 million) in a spectrum auction conducted in South Korea […]

Rent-A-Center Inc . ( RCII ), in an attempt to expand its operational roots, is all set to serve the residents of Petoskey, Michigan and Depew, New York by opening new stores and providing them additional avenues to own luxury furnishings, electrical devices, electronics and computers. […]

A leading developer and provider of 2D and 3D model-based design, engineering and documentation software and services, Autodesk Inc. ( ADSK ) recently announced that it has acquired certain technology assets from Koblenz, Germany-based Numenus GmbH. However, the terms of the acquisition were not disclosed and the transaction is not expected to have any impact on Autodesk’s current outlook issued on August 18, 2011 […]

Eaton Corporation ( ETN ) said that its products will be installed in the world’s largest mobile cone-type rock crusher, the TC1885C mobile crusher. Brightwater Manufacturing Ltd. of Christchurch, New Zealand, has selected Eaton’s products for its TC1885C mobile crusher, which is used in rock quarries. […]