Month: September 2011

Last week, WellPoint Inc. ( WLP ) announced a collaboration with Health Care Service Corp. (HCSC) and Blue Cross Blue Shield of Michigan (BCBSM) to purchase a 7 8% stake in Minneapolis-based Bloom Health. […]

There is reason for cheer at Juniper Networks Inc. ( JNPR ), which reported five back-to-back deal wins in the past two weeks. The networking company announced that Waitsfield and Champlain Valley Telecom (WCVT) selected its routing and switching solutions for an undisclosed amount. […]

Push-To-Talk Gains Traction at DecisionPoint Ken Nagy, CFA DecisionPoint ( DPSI ) designs, sells, installs and services voice and data communications products and systems for private networks and wireless broadband systems to a wide range of enterprise markets, including retail, transportation and logistics, manufacturing, wholesale and distribution. The combination of its blue chip portfolio of customers as well as the reverse merger combination has the firm projecting the top-line to nearly double to $100 million. Grapevine Push-to-Talk technology is DecisionPoint’s “always on” communications solution delivering Push-to-Talk capability as data over the Internet across unrelated carrier and Wi-Fi networks. […]

CytRx to Increase Patient Enrollment in INNO-206 Phase Ib/II Trial Grant Zeng, CFA Early today, CytRx Corporation ( CYTR ) announced that it is tripling the number of patients in its Phase Ib/II clinical trial of INNO-206 at the dose planned for its Phase IIb trial for the treatment of advanced soft tissue sarcomas. As a reminder, the Phase Ib/II trial was originally called Phase Ib trial, which is being conducted at the Sarcoma Oncology Center in Santa Monica, California, under the direction of Sant P. Chawla, M.D., F.R.A.C.P, a leading expert in sarcomas and sarcoma therapies […]

Technology major CA Technologies (CA) is undertaking strategic initiatives to give a new dimension to its business. Bull and CA recently formed a joint venture to take their cloud computing business to the next level. The company has formed a strategic alliance to help large enterprises transform their heterogeneous IT infrastructures to private clouds […]

Walgreen Co. ( WAG ) is scheduled to release its fourth quarter and fiscal 2011 earnings on Tuesday, September 27, 2011, before the market opens. The Zacks Consensus Estimates for the fourth quarter and fiscal 2011 earnings are pegged at 55 cents and $2.62 per share respectively […]

One of the leading wireless carriers in North America, Verizon Communications Inc . ( VZ ) recently commenced the sale of cheaper 4G smartphone called Pantech Breakout from Pantech, one of the leading Korean handset manufacturer. The new handset is currently available in all Verizon stores at a subsidized rate of $99.99 and can also be purchased online […]

Oak Brook, Illinois-based McDonald's Corp. ( MCD ) recently increased its quarterly dividend by 15% from 61 cents per share paid previously. This equates to an annual pay out of $2.80 per share. […]