Month: February 2012

Onyx Pharmaceuticals Inc. ( ONXX ) recently announced that it has completed enrollment in the late-stage ASPIRE study that is being conducted with carfilzomib. The study is evaluating carfilzomib in combination with Celgene Corp. […]

The Andersons, Inc. ( ANDE ) has entered into an agreement with two companies, Amaizing Energy Dennison LLC and Amaizing Energy Holding Company, LLC, to buy a Dennison-based ethanol production business. […]

Vertex Pharmaceuticals Inc. ( VRTX ) recently reported positive interim data from two treatment arms (E and F) of a mid-stage study (ZENITH) of VX-222, when dosed in combination with Incivek (telaprevir) and ribavirin in treatment-naïve patients with genotype 1 (1a and 1b) hepatitis C virus (HCV). Each arm (E and F) of the ZENITH study, which consisted of 23 patients, was conducted to determine whether a patient was eligible to stop all treatment at 12 weeks […]

Electronic Arts Inc. ( EA ) recently announced the launch of snow-boarding game EA SPORTS SSX in North America. […]

Norway-based Statoil ASA ( STO ) has made a high-impact discovery in the Pão de Açúcar prospect, offshore Brazil. The find is located at Repsol Sinopec operated block BM-C-33 in the Campos Basin, around 195 kilometers offshore Rio de Janeiro State, and is drilled in 2,800 meters of water. […]

The sixth largest U.S. airline, JetBlue Airways Corporation ( JBLU ) recently announced its interline partnership with Korean Air, the largest airline of South Korea. […]

Coal and natural gas producer, CONSOL Energy Inc. ( CNX ) has decided to temporarily shut down its Northern West Virginia Blacksville No. 2 longwall mining unit and has also planned to reduce its continuous mining operating schedule to 4 days per week. […]

In its weekly release, Houston-based oilfield services company Baker Hughes Inc. ( BHI ) reported a dip in the U.S. rig count (number of rigs searching for oil and gas in the country) […]

Hologic ( HOLX ) has decided to retire $500 million of its 2% convertible senior notes (due 2037) in exchange of $500 million of 2% convertible senior notes due 2042. Subsequent to this arrangement, $775 million in aggregate principal amount of the original notes will remain outstanding. The new notes have been issued at a conversion rate of 32.07698 shares per $1,000 of principal amount (conversion price of approximately $31.175 per share), which represents a 45% premium over the closing price of Hologic's share on February 28, 2012. […]

Medical technology major St. Jude ( STJ ) has bumped up its quarterly dividend to 23 cents a share from 21 cents, representing a 10% hike. This lifts the annual dividend to 92 cents per share from the current payout of 84 cents and equates to a dividend yield of roughly 2.2% […]

Dendreon Corporation ( DNDN ) reported fourth-quarter 2011 earnings (including stock-based compensation expense but excluding other special items) of 37 cents per share, in contrast to the Zacks Consensus Estimate loss of 31 cents and year-ago loss of 60 cents per share. Full-year loss of $1.68 per share (excluding special items but including stock-based compensation expense) were narrower than the Zacks Consensus Estimate of a loss of $2.83 and the year-ago loss of $3.07 per share. Total revenue in the reported quarter climbed to $202.1 million from $25.0 million in the comparable quarter of 2010. […]

Unisys Corporation ( UIS ) recently announced that the company has launched a new set of services which will supposedly help organizations in executing tasks more efficiently. These tasks help reduce the cost, complexity, risk and time involved in implementing a complex mission-critical application modernization initiative. Unisys added that these new services are known as Application Modernization Platform as a Service (AMPS) COE (Center of Excellence) are designed to help clients maximize return on investment from their modernization initiatives and realize the full benefits of a service-oriented architecture (SOA) […]