Month: October 2012

Rainmaker Sees Sequential Revenue Growth and New Orders By Ken Nagy, CFA On October 30, 2012, Rainmaker Systems, Inc. ( RMKR ), the Campbell, California based provider of business-to-business (B2B) e-commerce solutions, reported financial results for its third quarter and nine months, ended September 30, 2012. […]

BJ's Restaurants Inc. ( BJRI ) recently revealed that it has appointed Gregory A. Trojan for the position of president and director, effective December 3, 2012. […]

Wisconsin Energy Inc. ( WEC ) posted third-quarter 2012 earnings from continuing operations per share of 67 cents, up 21.8% year over year from 55 cents per share. […]

Leading medical devices player, Medtronic ( MDT ) presented positive data from the pivotal trial of its Engager transcatheter aortic valve implantation (‘TAVI’) system at a recently held meeting. The data presented revealed safety and performance of the valve, which is delivered transapically. The valve, which is being reviewed for CE Mark approval in Europe, is meant to treat patients with severe aortic stenosis who are at high or extreme risk for surgical aortic valve replacement […]

The second largest mobile operator , China Unicom ( CHU ) announced the results of the first nine months of 2012 with earnings per share of RMB 0.23 (or 3 cents), up 27.8% from the year-ago period. Adjusted net income surged 33.3% over the year-earlier period, to RMB 5.6 billion ($0.88 billion), on the back of strong revenue growth and higher adoption of 3G plan. Revenue & Subscriber Total revenue (excluding deferred fixed-line upfront connection fee) climbed 18.8% year over year to RMB 185.2 billion ($29.24 billion). […]

San Francisco-based Union Bank – a unit of UnionBanCal Corp. – closed the acquisition of Atlanta-based Smartstreet. Prior to the completion of the acquisition, Smartstreet was a financial services division of PNC Financial Services Group Inc […]

Priceline.com Inc. ( PCLN ) is scheduled to announce its third-quarter 2012 results on November 1, 2012. We witness no movement in analyst estimates in the build-up to the release. […]