Month: April 2012

Tata Motors Ltd. ( TTM ) posted a 26% year-over-year increase in global sales to 1,39,655 units in March, including sales of Jaguar and Land Rover. […]

We recently downgraded our recommendation on Applied Micro ( AMCC ) to Underperform from Neutral. Earnings estimates have declined after the company slashed its guidance for the fourth quarter of fiscal 2012. The company now expects that the revenue in the fourth quarter will come in at 6% lower than the mid-point guidance of $52 million provided earlier. […]

Computer Sciences Corporation ( CSC ) recently announced that it has won a task order from the States Naval agency, whereby it will provide program management support to the Strategic and Theater Sealift Program Office. The office is responsible for enhancing the Navy’s sealift capacity of delivering military weapons/vehicles on the war front. The contract was awarded under the agency’s Naval Sea Systems Command SEAPORT-Enhanced contract […]

Ventas Inc. ( VTR ) – a leading healthcare real estate investment trust (REIT), has recently acquired the full ownership of 16 senior living communities from Sunrise Senior Living Inc. ( SRZ ) – the largest provider of senior living services in the U.S., and its joint venture partner, for $362 million. […]

Telecommunications services provider Windstream Corporation ( WIN ) has recently announced the opening of a new data center in Little Rocks, Arkansas. The new 30,000-square-foot data center is designed to expand the company’s horizon into the enterprise segment by providing round-the-clock access to cloud-based and dedicated managed services. Currently, the cloud-based service has been rapidly gaining momentum in corporate communication with global sales from this fast growing sector expected to reach approximately $148 billion by 2014, according to market reports. […]

In a bid to further expand its money transfer services, MoneyGram International Inc. ( MGI ), recently announced that it has expanded its online money transfer services to the United Kingdom. All the UK-based MoneyGram customers can avail of this new service. […]

Cousins Properties Inc. ( CUZ ), a Georgia-based real estate investment trust (REIT), has recently declared a second quarter 2012 dividend of 4.5 cents per share or 18 cents on an annualized basis. […]