Roche Holdings Ltd. ’s ( RHHBY ) recently reported sales results for the first quarter of 2012. Revenues climbed 2% from the year-ago period, driven by growth in both the segments – Pharmaceuticals Division and Diagnostics Division. […]
Google Inc ( GOOG ) started the year in style, beating our earnings estimate of $8.24 by 51 cents, or 6.2%. Revenue was more or less in line with consensus estimates of $8.1 billion. […]
General Motors Company ( GM ) plans to recall 50,000 units of crossover sports utility vehicles (SUVs) due to a problem with their windshield wipers. The recall includes Chevrolet Traverse, Buick Enclave and GMC Acadia from the 2011 and 2012 model years. […]
The world’s leading brewer Diageo Plc. ’s ( DEO ) signature brand Smirnoff is all set to tingle the taste buds of its vodka lovers with the launch of its new flavored malt beverage offering, Smirnoff Ice Black. […]
The long awaited CEO succession process has finally come to an end for Quest Diagnostics ( DGX ). Recently, this diagnostic tool major announced the appointment of Stephen H. Rusckowski as the Chief Operating Officer (CEO), effective May 1, 2012 […]
[cnbc 3000083991] Joe Kinahan, TD Ameritrade, says that although earnings have been good this season, the bar is low. He also sees the Dow hitting 14,000. “In my gut, I see 14,000,” he says. […]
Determine Adobe License Compliancy in Minutes With AdobeAssist AssetLabs’ cloud-based SAM solution transforms Adobe SKUs into robust license analysis PR Newswire OTTAWA, April 13, 2012 OTTAWA, April 13, 2012 /PRNewswire/ — AssetLabs – the leader in on-demand Software Asset Management (SAM) & License Analysis – announces AdobeAssist™ – a SAM solution that empowers corporations and Adobe SAM Partners to determine Adobe license compliancy with ease. AdobeAssist transforms your complex Adobe SKU purchase history into a robust license analysis, reducing the complexity and time to determine Adobe license compliancy from weeks to minutes. “By digitizing Adobe’s SKU library, AdobeAssist can instantly daisy-chain the appropriate full, upgrade and upsell purchases that you’ve made over the years and determine up-to-date entitlement position for your Adobe products,” says Steve O’Halloran, CEO of AssetLabs. […]
We are maintaining a Neutral recommendation on Magellan Midstream Partners, L.P. ( MMP ), reflecting its strong portfolio of energy infrastructure assets, capacity expansion plans and a sound liquidity position. These are partially negated by a critical business environment for pipeline operators […]
Sunoco Logistics Partners L.P. ( SXL ) announced the beginning of an Open Season, whereby it is looking for customers for the pipeline segment, West Texas – Nederland Access. The pipeline, with an initial capacity of 40,000 barrels per day, would be utilized for the supply of crude from West Texas to the terminal at Nederland, Texas. […]
CooperVision, a segment of The Cooper Companies ( COO ), a company dedicated to contact lens and women’s health, recently revealed that the Food and Drug Administration (“FDA”) has granted a Special 510 (k) for its Avaira Toric silicone hydrogel bi-weekly contact lenses to correct astigmatism. The company will shortly re-launch the Avaira Toric lenses. Its lenses provide a comfortable fit for a wide range of powers. […]
American Superconductor Corporation ( AMSC ) has filed an appeal with China's Supreme People's Court, contesting the Hainan Higher Court's decision on April 5, 2012 to uphold the Hainan Province No. 1 Intermediate People's Court's dismissal of American Superconductor's civil case against Sinovel Wind Group Co. Ltd […]
Caterpillar Inc. ( CAT ) is selling the distribution and support unit, formerly operated by Bucyrus International Inc. in Western Australia, Australian Capital Territory and New South Wales. […]
AAI Unmanned Aircraft Systems, an operating unit of Textron Systems, a Textron Inc. ( TXT ) company, has won the competitive Mid-Endurance Unmanned Aircraft Systems (MEUAS) II award from the U.S. […]
Invesco Ltd. ( IVZ ) announced a 0.8% rise in its preliminary month-end assets under management (AUM) for the month of March 2012. The company’s AUM for the reported month was $672.8 billion compared with $667.6 billion at the end of February 2012 […]
We are reaffirming our Outperform recommendation on Valmont Industries ( VMI ). Fourth quarter earnings of $1.83 per share outpaced the Zacks Consensus Estimate. […]
Time to Break Up ‘Too Big To Fail’ Banks Is Now Legal Commentator and Leading Florida Foreclosure Defense Attorney Roy Oppenheim says the drumbeats to break up our nation’s largest banks are getting louder, points to China, the Dallas Fed and Springsteen quotes PR Newswire FORT LAUDERDALE, Fla., April 12, 2012 FORT LAUDERDALE, Fla. , April 12, 2012 /PRNewswire/ — The drumbeats to break up our nation’s largest banks are starting to get louder and resonate, according to leading foreclosure defense attorney and legal commentator Roy Oppenheim . Now that China is threatening to break up their own banks in order to make them more competitive, it is more crucial than ever for these so-called “Too Big To Fail” lenders be cut up into smaller companies, so that the U.S. […]
RTG Ventures Finalizes Discussions to Acquire Brand Entertain PR Newswire LOS ANGELES, April 12, 2012 LOS ANGELES , April 12, 2012 /PRNewswire/ — RTG Ventures (OTCQB: RTGV) and Brand Entertain have announced today that they have agreed in principle to form a business combination. A Share Purchase Agreement is being prepared and the details of the merger will be disclosed in due course. It is intended that the Company will be renamed and the trading symbol changed […]
Investments of Macquarie Group Limited in PMI Gold Corporation. PR Newswire TORONTO, April 12, 2012 TORONTO , April 12, 2012 /PRNewswire/ – Macquarie Group Limited (” Macquarie “) announces that it now has ownership of 28,505,621 common shares, 744,291 Chess Depositary Interests (” CDI “) and 2,950,000 warrants of PMI Gold Corporation (” PMI “), each warrant convertible into one common share. To Macquarie’s knowledge, this represents approximately 12.39% of the issued and outstanding shares of PMI, on a partially-diluted basis. […]
As search engine king Google, Inc. ( GOOG ) announced 1st quarter earnings results after the bell Thursday and market bloggers grabbed our calculators to check whether the company topped the Zacks Consensus Estimate on earnings and revenue, Google subsequently sprung unexpected news of a 2-for-1 stock split of GOOG shares. […]
Whirlpool Corporation ( WHR ) has opened a million-square-feet facility in East Tennessee that will manufacture premium cooking products. The new facility, replacing a 123-year-old plant at the same location, will add 130 jobs to the company’s 1,500 people workforce. […]
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