Month: September 2011

Jacobs Engineering Group Inc. ( JEC ) recently won two contracts, one from the U.S. Special Operations Command (USSOCOM) and another from the Hudson County Improvement Authority (HCIA), worth approximately $127 million. […]

We maintain our long-term Neutral recommendation on Limited Brands Inc. ’s ( LTD ), the owner of Victoria's Secret Direct and La Senza chains, with a price target of $40.00. […]

We currently maintain a long-term Neutral recommendation on Dean Foods Co. ( DF ). The company is a leading processor and distributor of milk and other dairy products in the U.S. […]

Cousins Properties Inc. ( CUZ ) recently announced that it will commence development of a community shopping center in Mahan Village for $25.0 million. […]

United Parcel Services ( UPS ), the world's largest package delivery company, set its revenue and earnings growth goal for the next three-to-five years at its investor day. The company estimates its revenue and earnings to grow respectively 6–8% and 10–15% annually from 2011 to 2016. United Parcel continues to return cash to shareholders in the form of increased dividends and share repurchases […]

Netflix Inc. ’s ( NFLX ) shares plummeted almost 19% in yesterday’s trade after the company cut down on the projected subscriber base for its third quarter of fiscal 2011. Estimates for the total subscriber base declined by a million […]

On Wednesday, Visa Inc. ( V ) announced the extension of its partnership with the Unit ed States Hispanic Chamber of Commerce (USHCC) for the next three years. The partnership all ows Hispani c merchants to use Visa’s expertise such as customized tools for cash flow management, complementary advertising with Visa products and Visa’s extensive online self-help materials that include pod casts, workshops and workbooks on business creation and management. […]

Cleaning and sanitizing major Ecolab Inc ( ECL ) has unveiled a new range of cleaning formulations for food and beverage industries. The product line dubbed “Mip,” consisting of ten cleaning formulation, has been designed to maximize cleaning efficacy in these industries. […]

Verizon Communications ( VZ ) recently unveiled its first unlimited prepaid plan for $50.00 a month. The plan would include unlimited voice, text and internet services. Prepaid wireless services remain an emerging business for U.S. […]

Red Lion Hotels Corporation ( RLH ) recently extended its revolving credit facility with Wells Fargo Bank. The renewed credit facility expands the outstanding $12 million under the original facility by $18 million. The original facility, collateralized by two properties and bearing interest at prime rate plus 0.075%, matures in September 2012. […]

Recently, Alexion Pharmaceuticals ( ALXN ) presented encouraging data from a small mid-stage study (n=14) which evaluated its drug Soliris in patients suffering from severe and refractory generalized myasthenia gravis (gMG). Data from the randomized, double-blind, placebo-controlled, cross-over study were presented at the annual Scientific Session of the Myasthenia Gravis Foundation of America, Inc. in San Francisco […]

Energy utility Constellation Energy Group Inc. ( CEG ) said that it has been selected again by Trenton Housing Authority to implement energy conservation measures at five housing developments through a second phase of a guaranteed energy performance contract (“EPC”). […]

Lockheed Martin Corporation ( LMT ) received a contract from the U.S. Air Force worth $791 million to provide Information Technology (“IT”) related services on the Global Combat Support System program (“GCSS”) of the Air Force (“AF”). The current contract entails support for a three-year period besides four one-year options […]