Month: September 2011

According to The New York Times , The Goldman Sachs Group Inc. ( GS ) is moving ahead with its cost cutting plan. The bank is expected to cut its expenses by $1.45 billion by the end of 2011. […]

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 […]

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. […]

The third-largest U.S. wireless carrier Sprint Nextel Corp. […]

Air Products & Chemicals Inc. ( APD ) will display its PolarFit industrial gas-based technologies and process improvement solutions at this year’s Rubber Expo in Cleveland, Ohio, from October 11-13. Air Products is a recognized leader in cryogenic technology. […]

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 […]

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 […]

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. […]

American Public Education ( APEI ) has carved a unique niche for itself in the online post secondary education industry by focusing on recruits serving the U.S. military as well as and public service personnel. […]

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. […]

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. […]

Specialty retailer Bed Bath & Beyond Inc. ( BBBY ) recently announced financial results for the second quarter of fiscal 2011. Street analysts had a week to ponder on the news […]