Month: August 2011

Thermo Fisher Scientific ( TMO ) has received clearance from the European Commission regarding the proposed acquisition of Phadia Holdings. The Commission came to the conclusion that the transaction would not give way to monopoly as there are several players in the field of in vitro autoimmune diseases diagnostics. […]

With the growing need for secure mobile and cloud computing solutions, several US Federal agencies have adopted VMware Inc. ’s ( VMW ) desktop virtualization and desktop management application VMware View. […]

Leading radiosurgery systems maker Accuray Incorporated ( ARAY ) recently reported that the Beth Israel Deaconess Medical Center (“BIDMC”), a teaching and research affiliate of Harvard Medical School, has treated its 2,000th patient with the company’s popular CyberKnife radiosurgery system. This represents a major milestone for BIDMC, the first center in New England to use the CyberKnife system. […]

MICROS Systems Inc. ( MCRS ) is scheduled to announce its fourth quarter and fiscal 2011 results on Thursday, August 25, 2011. […]

Leading medical devices player Medtronic ( MDT ) has received CE Mark approval for its 31mm CoreValve system. The company’s CoreValve portfolio currently has three types of valves: 26 mm, 29 mm and 31 mm. Following the recent approval, Medtronic will be able to treat a larger patient population suffering from severe aortic stenosis […]

We have reaffirmed our recommendation on Citigroup Inc. ( C ) following a detailed analysis of its second quarter 2011 earnings results in light of the current economic environment. Citigroup’s second quarter earnings per share of $1.09 outpaced the Zacks Consensus Estimate of 96 cents. […]

Anadarko Petroleum Corporation ( APC ) has discovered more than 230 net feet (70 meters) of natural gas at its Barquentine-2 appraisal well, located in Mozambique's Offshore Area 1 of the Rovuma Basin. The well discovered natural gas in the high-quality Oligocene-age reservoirs. […]

Information technology giant International Business Machines Corp. ( IBM ) recently made a significant breakthrough in silicon replacement, when its researchers developed the first integrated circuit (IC) from wafer-size graphene. IBM intends to use graphene in semiconductors and computers, according to a latest report from Bloomberg. […]

United Continental Holdings ( UAL ) recently announced that it will invest approximately $550 million in revamping its fleet. The carrier is looking forward to enhancing the storage capacity of the planes along with other infrastructural upgrades. United Continental plans to double the overhead storage space in over 150 aircraft and add flat-bed seating on approximately 62 long-haul planes. […]

Bank failures continue with no end in sight. Last Friday, U.S. regulators closed down three more banks in Florida, Georgia and Illinois, taking the total number to 68 so far in 2011 […]