FDA Approves Xalkori with Companion Diagnostic for a Type of Late-stage Lung Cancer PR Newswire SILVER SPRING, Md., Aug. 26, 2011 Second targeted therapy approved with a test this year SILVER SPRING, Md. , Aug. […]
Advanced Chemical Transport Inc., Completes Purchase Agreement for a Fully Permitted Part B Treatment Storage and Disposal Facility (TSDF) and Expands Into Southwest PR Newswire SUNNYVALE, Calif., Aug. 26, 2011 SUNNYVALE, Calif. , Aug […]
Norfolk Southern Announces Private Exchange Offers PR Newswire NORFOLK, Va., Aug. 26, 2011 NORFOLK, Va. […]
Diageo Plc.’s ( DEO ) fiscal 2011 net income from continuing operations grew 16.1% to £2.02 billion ($3.3 billion) from £1.74 billion in the year-ago period. Earnings per share came in at 76 pence ($1.24 per ADR), compared to £0.65 per share in the year-ago quarter. […]
Leading diagnostic player Laboratory Corporation of America Holdings ( LH ) has expanded its HCV testing portfolio with the launch of a nucleic acid sequencing assay, developed by Monogram Biosciences. The test reports NS3 and NS4A mutations and NS3 associated resistance to the recently approved HCV protease inhibitors. Identification of mutations will be of great help to doctors in deciding a patient’s treatment […]
Yesterday Humana Inc. ( HUM ) announced that it will purchase Arcadian Management Services, a Medicare Advantage health maintenance organization that has members in 15 U.S. states. […]
Chinese energy giant PetroChina Co. Ltd. ( PTR ) announced its first half 2011 earnings of RMB 66.0 billion or RMB 0.361 per diluted share, compared with RMB 65.3 billion or RMB 0.357 per diluted share in the year-earlier period […]
A. O. Smith Completes Acquisition of Lochinvar Corporation PR Newswire MILWAUKEE, Wis., Aug. […]
[marketwatch 5523EC19-2372-490D-954B-9F0C1F79770A] U.S. week ahead: Hurricane, jobs, autos, retail […]
School Specialty Inc. ( SCHS ) recently posted first-quarter 2012 results. The company delivered earnings of 77 cents a share, up 10% from 70 cents earned in the prior-year quarter […]
We are upgrading our recommendation on Morgan Stanley ( MS ) to Neutral based on its better-than-expected second quarter results. Though the Mitsubishi UFJ Financial Group Inc. (MUFG) preferred stock conversion resulted in a substantial loss during the quarter, it enhanced the capital cushion […]
Information Systems & Global Services (“IS&GS”), a unit of Lockheed Martin Corporation ( LMT ), received an indefinite-delivery-indefinite-quantity (IDIQ) contract worth $26.1 million from the U.S. Army to provide a host of new enterprise architecture services. Under the contract, Lockheed Martin will provide operational architecture development, architecture integration, data management, and data visualization support to the U.S. […]
Cyberonics ( CYBX ) reported first quarter 2012 adjusted EPS of 28 cents, surpassing the Zacks Consensus Estimate of 26 cents per share and 12% higher than the year-ago quarter’s adjusted EPS. The results include pre-tax charges of $1.28 million associated with the product withdrawal as announced on August, 2011. During the quarter, Cyberonics reported revenues of $52.7 million, up 18% year over year and ahead of the Zacks Consensus Estimate of $51 million […]
Yesterday, American Capital Ltd. ( ACAS ) announced its plan of providing support to the merger of Survey Sampling International and Opinionology Inc. […]
White Construction Becomes Part of Infrastructure and Energy Alternatives, LLC PR Newswire CLINTON, Ind., Aug. 26, 2011 CLINTON, Ind. , Aug. […]
The world’s largest oil company by market value, ExxonMobil Corporation ( XOM ) has projected the expenditure to clean up a July 1 oil spill into the Yellowstone River in Montana at $42.6 million, as per a filing with the federal regulators. The spill from the Silvertip pipeline will cost $40 million for emergency response work and a putative $2.5 million for damage to public and private property. […]
The leading consumer brands company Fortune Brands Inc. ( FO ) announced that its board of directors has given the final nod to proceed with the split of the company’s Home & Security business effective October 3, 2011, at business close. Post spin-off, the Fortune Brands Home & Security business is proposed to be traded under the symbol ‘FBHS’ while the spirit business will be rechristened Beam Inc. […]
DFC Global Corp. (formerly Dollar Financial Corp.) ( DLLR ) reported fourth-quarter operating earnings of 46 cents per share, ahead of the Zacks Consensus Estimate of 41 cents per share but dramatically higher than 28 cents earned in the year ago quarter. […]
We continue to have an Outperform recommendation on Watson Pharmaceuticals, Inc. ( WPI ), with a target price of $79.00, following the release of second quarter 2011 results. Watson Pharma’s second quarter earnings of $1.01 per share (excluding special items) outpaced the Zacks Consensus Estimate by a penny and the year-ago earnings by 18 cents. […]
The U.S. Energy Department's weekly inventory release showed an in-line build-up in natural gas supplies. An increase in domestic gas consumption – driven by cooling demand on the back of extremely hot weather conditions in regions of Texas – was offset by decline in residential/commercial and industrial sector consumption, as well as slightly higher production […]
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