Stock Analysts

Statoil Hits Gas in North Sea (STO) (TOT) (XOM)

Statoil Petroleum AS, a fully owned subsidiary of Norwegian oil company Statoil ASA ( STO ), has encountered a marginal discovery near the Sleipner East field in the Norwegian North Sea. The affiliate is on the verge of completing the drilling operations of wildcat well 16/7-10, which met a thin gas/condensate column in a 115-metre thick reservoir. The well − situated in the Statoil Petroleum operated production license (“PL”) 569 − was drilled 16 kilometers northeast of the Sleipner field. […]

Stock Analysts

Domino’s Refranchises 30 Stores (DPZ) (MCD)

Ann Arbor, Michigan-based Domino’s Pizza, Inc ( DPZ ) recently franchised 30 company-owned restaurants in Atlanta to four experienced local owner-operators. The company operated 38 company-owned restaurants in Atlanta and further expects to franchise the remaining restaurants going forward. Mike Orcutt, one of the leading franchisee of Dominos in U.S, purchased 14 restaurants and thus became the second largest franchisee of the company in the U.S with ownership totaling 93 restaurants. […]

Stock Analysts

Conmed Intros GENESYS Matryx (CNMD) (JNJ) (SNN) (SYK)

Medical technology company Conmed Corporation ( CNMD ) reported that its Linvatec arthroscopy division has launched the GENESYS Matryx interference screw. The new product is primarily indicated for fixing soft tissue in the reconstruction of the anterior cruciate ligament (“ACL”) and posterior cruciate ligament (“PCL”) of the knee. The smaller diameter screws are also indicated for reattachment of soft tissue to bone, offering flexibility for repair in other parts of the body […]