Month: August 2011

Stock Analysts

Valuations Compelling, Economic Outlook Cloudy (AAPL) (BAC)

August 22, 2011 0

The Earnings Picture Second-quarter earnings season is almost over with 486 or 97.2% of the reports in. With the exception of a handful of financials, most notably Bank of America ( BAC ), which had a $12 billion negative swing in net income from last year, this is another great earnings season. The year-over-year growth rate for the S&P 500 is 12.0%, way off the 17.6% pace those same 486 firms posted in the first quarter […]

Stock Analysts

Morgan Stanley Sells FRN (GS) (MS)

August 22, 2011 0

On Friday, Morgan Stanley ( MS ) announced the sale of floating rate notes (FRN) valued at 1 billion yen and maturing in August 2016. The company will start the settlement from August 23, 2011. The sale of notes will provide Morgan Stanley with some financial flexibility at this point […]

Stock Analysts

Verizon Workers Resume Work (AAPL) (T) (VOD) (VZ)

August 22, 2011 0

The largest U.S. mobile service provider Verizon Communications ( VZ ) will now operate at normal rates after a 14-day strike by 45,000 employees. Two labor unions, represented by Communications Workers of America and International Brotherhood of Electrical Workers, called off their strike as the old contract, which expired on August 6, was extended indefinitely with the prior terms. […]

Mergers & Acquisitions

Phadia AB Expands its Offering in the Field of Antidrug Antibody (ADA) Testing and Personalized Medicine – Through a Collaboration With Biomonitor A/S

August 22, 2011 0

Phadia AB Expands its Offering in the Field of Antidrug Antibody (ADA) Testing and Personalized Medicine – Through a Collaboration With Biomonitor A/S PR Newswire UPPSALA, Sweden and COPENHAGEN, Denmark, August 22, 2011 UPPSALA, Sweden and COPENHAGEN, Denmark , August 22, 2011 /PRNewswire/ — Phadia AB and Biomonitor A/S announced today a collaboration in the field of immunogenicity testing and monitoring of patients treated with biopharmaceutical drugs. “The addition of BioMonitor’s iLite technology to our portfolio makes us the most complete supplier of solutions for Anti-Drug Antibody (ADA) testing,” says Hans Johansson , Head of Phadia’s Development Business. “We can now offer ADA testing services and products covering preclinical research through to patient monitoring in the clinic for most clinically relevant ADA tests.” Immunogenicity and Patient Monitoring In biotherapeutic drug development, immune response towards the drug is a growing concern […]

Stock Analysts

AUXILIO Stands Alone (AUXO)

August 22, 2011 0

Ken Nagy, CFA AUXILIO Stands Alone AUXILIO ( AUXO ) is the only health care exclusive, vendor neutral Managed Print Services (MPS) firm that provides document production management strategies, services and solutions to hospitals throughout the United States. AUXILIO’s continuous workflow improvement solutions enable hospitals and health systems to reduce costs and waste in their operational and clinical functions by managing the process of document production between printing and copying equipment and technology. […]

Stock Analysts

Western Union Seals Notes Offering (MCO) (WU)

August 22, 2011 0

The Western Union Co. ( WU ), a leader in global money transfer and payment services, announced that it has closed $400 million debt offering by selling senior notes that carry a coupon interest of 3.65%, maturing in 2018. The net proceeds of approximately $397.9 million from the notes issuance will be used for general corporate purposes including funding a part of Western Union’s 5.4% senior unsecured notes that are slated to retire in November 2011 […]

Fast Money Episodes

Time to Buy FedEx?

August 22, 2011 0

[cnbc 3000040727] Shares of the shipping company are down dramatically over the past six weeks but is the selling overdone? Insight with Tom Wadewitz, JP Morgan transportation analyst. […]

Fast Money Episodes

Auriga Says Buy HPQ and Pops & Drops

August 22, 2011 0

[cnbc 3000040728] HP shares are down dramatically since announcing its strategic changes, so is now the time to buy the stock? Insight with Kevin Hunt, Auriga analyst, and the Fast Money traders weigh in on stocks to play today. […]

Stock Analysts

Conoco Bangladesh On Track (COP) (HES) (MRO)

August 22, 2011 0

U.S. oil behemoth ConocoPhillips ( COP ) has started preliminary work so as to carry out exploration activities in Bangladesh's offshore gas field this October. In June, ConocoPhillips inked a 9-year production sharing contract (PSC) with the Bangladesh government and state-run Petrobangla to explore hydrocarbon in the virtually untapped deep waters of the Bay of Bengal. […]