Month: September 2011

Global power technologies company, American Superconductor Corporation ( AMSC ) announced that it is taking a series of legal actions against Sinovel Wind Group Co. Ltd. […]

Apple Inc. ( AAPL ) continues its success story with the iPad 2, as it has emerged as the leading tablet maker in the second quarter of 2011 in terms of global shipments. Research firm IDC confirmed that 9.3 million units of Apple’s iPad 2 being shipped during the quarter, netting a 68.3% market share worldwide, up from 65.7% in the previous quarter. […]

U.S. banks that were sheltered by government bailout during the height of financial crisis took more credit risk afterward, according to a University of Michigan study released on Wednesday. About 700 financial institutions received approximately $205 billion in bailout money as part of their participation in the Troubled Assets Relief Program (TARP) initiated by the government in 2008. […]

The Medicines Company ( MDCO ) recently announced the launch of a 50mL ready-to-use formulation of Argatroban injection. Argatroban is a direct thrombin inhibitor indicated for prophylaxis or treatment of thrombosis in adult patients with heparin-induced thrombocytopenia (HIT) and as an anticoagulant in adult patients with or at risk for HIT undergoing percutaneous coronary intervention (PCI). The ready-to-use formulation gained US Food and Drug Administration (FDA) approval in late June 2011. […]

From November 1, 2011, ‘espionage’ is set to be redefined when Activision Blizzard Inc. ( ATVI ) releases its latest James Bond game GoldenEye 007: Reloaded and GoldenEye 007: Reloaded Double 'O' Edition . […]

Rockwell Collins Inc. ( COL ), the supplier of avionics and military equipment, reaffirmed its fiscal 2011 guidance and raised the share repurchase authorization. The company expects revenue in the range of $4.80 billion – $4.85 billion, cash flow from operations of about $650 million and earnings per share from continuing operations between $4.00 – $4.10. […]

Prologis Inc. ( PLD ), a leading industrial real estate investment trust (REIT), has recently signed a lease agreement spanning 309,400 square feet of its development portfolio in Brazil with an unnamed retailer of the country for an undisclosed amount. […]

The Consumer Price Index (CPI) rose by 0.4% in August, down from a 0.5% increase in July, but higher than the expected increase of 0.2%. In June, the CPI actually fell by 0.2%. Year over year it is up 3.8%. […]

Textron Inc. ( TXT ) has commenced a cash tender offer for any and all of its 4.50% Convertible Senior Notes due 2013. The company also lowered its fiscal year 2011 earnings outlook. […]

Leading radiosurgery systems maker Accuray Inc ( ARAY ) has announced preliminary results for fourth-quarter fiscal 2011 (ended June 30). The company expects to report final results after the closing gong on September 19. The California-based company expects to post revenues between $73 million and $75 million, an increase from $61.4 million registered in the year-ago quarter […]

DDR Corp. ( DDR ), a real estate investment trust (REIT), has recently increased its quarterly dividend for third quarter 2011 by about 50% compared to the last dividend payout in the previous quarter. The common stock dividend of 6 cents per share is payable on October 11, 2011 to shareholders of record at the close of business on September 27, 2011. […]