Stock Analysts

Regis Remains at Neutral (CAB) (RGS) (SBH) (ULTA)

We are maintaining our long-term Neutral recommendation on Regis Corporation ( RGS ), the largest hair salon chain in the world. Regis' fourth quarter 2011 earnings were ahead of the Zacks Consensus Estimate. The company is undertaking a host of initiatives to drive traffic and enhance same-store sales growth […]

Stock Analysts

Coca-Cola Eyes Russia for Growth (CCH) (KO) (PEP)

The Coca-Cola Company ( KO ) along with its bottling partner Coca-Cola Hellenic Bottling Company ( CCH ) has planned to invest more than $3 billion over the next five years to further fuel growth in Russia. This investment of Coca-Cola is a part of the official opening of a new bottling plant in Europe, located in the Rostov region of Russia, which is scheduled to kick off in 2012. […]

Stock Analysts

Novartis Presents Afinitor Data (AZN) (NVS) (ONXX) (PFE) (RHHBY)

Novartis ( NVS ) announced presentation of data from a pivotal late stage study (BOLERO-2) which evaluated the use of Afinitor in combination with Pfizer ’s ( PFE ) Aromasin. The study evaluated postmenopausal women with metastatic breast cancer whose disease has progressed, despite treatment with hormonal therapies, Novartis’ Femara or AstraZeneca ’s ( AZN ) Arimidex. The data showed that Afinitor plus Aromasin expanded progression-free survival (PFS), or time without tumor growth, by more than two times versus Aromasin alone […]

Stock Analysts

CMA to Redeem $31.25M TRUPs (CMA) (FITB) (KEY) (WFC)

On Monday, Comerica Incorporated ( CMA ) announced that it would fully redeem about $31.25 million in trust preferred securities (TRUPs). These include redemption of 8.30% TRUPs issued by Sterling Bancshares Capital Trust III (SBIBN) at par coupled with accrued and unpaid distributions till the redemption date. These callable securities will be redeemed on October 27, 2011 […]

Stock Analysts

Luminex Hosting Planet xMAP (AFFX) (LMNX) (SQNM)

Luminex Corporation ( LMNX ), a developer of biological testing technologies, will host its annual European multiplexing technology symposium in Vienna, Austria, on September 28-29. The event, called “Planet xMAP Europe 2011,” will feature scientific sessions, workshops, discussion groups and exhibitions, among others. Scientists and researchers across the planet who have been conducting clinical diagnostics and life science research using the company’s popular Luminex xMAP multiplexing platform will gather and exchange ideas on this breakthrough technology at the annual symposium. […]

Stock Analysts

Raytheon Completes NexGn OCX Review (LMT) (NOC) (RTN)

Raytheon Company ( RTN ) successfully completed the preliminary design review for the Global Positioning System Next Generation Operational Control System (“GPS OCX”). In the process, the assessment of the architectural and technical maturity of the program design was done by the U.S. Air Force Space and Missile Systems Center's (“SMC”) GPS Directorate. […]

Stock Analysts

Polar Wireless Business Model Looks Promising (BCDI)

Polar Wireless Business Model Looks Promising Ken Nagy, CFA Polar Wireless ( BCDI ) is a mobile virtual network operator (MVNO), which intends to monetize its proprietary technology. The firm’s SIM cards work in conjunction with current providers to eliminate roaming charges without the hassle of changing phone numbers or customer behavior. Fast growing mobile phone technology combined with the uptick in global travel has made the world a very small space, however high costs and hassles still exist. […]