Month: August 2011

An unidentified unit of ExxonMobil Corporation ( XOM ) recently broke down, flaring up its Los Angeles area refinery in Torrance, California. An equipment failure triggered off the trouble but operations have resumed and the company expects to meet its contractual commitments on time. […]

Los Angeles-based leading defense contractor, Northrop Grumman Corporation ( NOC ) was awarded a $388 Million Mission Command Training Contract from the Department of the Army Mission and Installation Contracting Command Center – Fort Eustis. Per the contract Northrop Grumman will provide training and technical services to support the U.S. Army Mission Command Training Program (MCTP) […]

We have maintained an Outperform recommendation on Optimer Pharmaceuticals, Inc. ( OPTR ) with a target price of $9.00 per share. We find the US Food and Drug Administration’s (FDA) approval of Optimer’s first drug, antibiotic Dificid, for the treatment of clostridium difficile-associated diarrhea (CDAD), highly encouraging […]

Brian Marckx, CFA Q1 2012 Results On August 15th CryoPort ( CYRX ) filed their 10-Q for fiscal Q1 2012 ending June 30, 2011. Q1 revenue of $124k was below our $191k estimate and was down from $152k in Q1 2011. Important to note, however, is that revenue from one particular customer accounted for 63% of total revenue in Q1 2011 – that same customer accounted for only 4% in the current period as they no longer had a need for cryogenic temperature shipping. […]

The Environmental Protection Agency (EPA) ordered EI DuPont de Nemours & Co. ( DD ). to stop selling its weed-killer Imprelis after the chemical reportedly killed a large number of trees […]

Abercrombie & Fitch Co. ( ANF ) is scheduled to report its second-quarter 2011 financial results before the opening bell on August 17, 2011. The current Zacks Consensus Estimates for the quarter is earnings of 25 cents a share […]