General Motors Company ( GM ) is set to showcase the all-new Chevrolet SS rear-wheel-drive sedan in the Daytona 500 NASCAR Sprint Cup Series motor race in Florida in February 2013. The new vehicle will hit the market in the second half of 2013. The company recently unveiled the NASCAR Sprint Cup racing version of Chevrolet SS in Las Vegas […]
[marketwatch FD3575CD-3004-4880-8818-315FB1FFB458] U.K. Growth Forecast Cut in Osborne’s Statement […]
Toll Brothers, Inc. , ( TOL ) one of the leading luxury homebuilders in the US, reported earnings of 35 cents per diluted share in the fourth quarter of fiscal 2012, up significantly from the 9 cents earned in the prior-year quarter. The year-over-year surge in earnings was driven by strong sales and volume growth in the quarter […]
[marketwatch C33CCC1E-D329-419F-8DE1-82E9AAA710CC] Multinationals Start Southern European Exit […]
Following a periodic review, rating agency A.M Best affirmed Assurant Inc. ’s ( AIZ ) issuer credit ratings (“ICR”) at ‘bbb’. It also affirmed the ICR and financial strength ratings (“FSR”) of the Property and Casualty (“P&C”) and Life and Health subsidiaries of the company […]
In an effort to share more profit with its shareholders, U.S. health insurer, Aetna Inc. ( AET ) announced a hike of 14.3% in its quarterly cash dividend to 20 cents per share […]
The European Commission has approved the merger of Eaton Corp. ( ETN ) with Cooper Industries ( CBE ). […]
We recently reiterated our Neutral recommendation on Quest Diagnostics ( DGX ), the leading providers of commercial laboratory services in North America, with a target price of $61.00. The company reported adjusted earnings per share (EPS) of $1.18 in the third quarter of 2012, flat year over year and in line with the Zacks Consensus Estimate. Revenues were down 2.9% year over year to $1.85 billion, nominally missing the Zacks Consensus Estimate of $1.88 billion. […]
We are upgrading Onyx Pharmaceuticals ( ONXX ) to Outperform based on the company's strong third quarter results and improving prospects. Onyx reported solid third quarter results with revenues increasing 19.3% to $89.5 million, well above the Zacks Consensus Estimate of $81 million. Third quarter 2012 loss of $0.89 per share was narrower than the Zacks Consensus Estimate of a loss of $1.08. […]
Marriott Vacations Worldwide Corporation ( VAC ) raised its adjusted earnings per share outlook for 2012 during its third-quarter report, which helped this timeshare company hit a 52-week high of $41.73 on October 18 and become a Zacks #1 Rank (Strong Buy) on October 23. Excellent Q3 On October 18, Marriott Vacations Worldwide posted adjusted net income of $8 million for the third quarter; up $5 million from Last year. […]
[marketwatch 3745CA96-61A0-466E-AA33-21BDB869EB02] George W. Bush Gives Immigration Conference Speech […]
[marketwatch FF5F8684-C8F9-417A-8E47-2F5AB32ECC9A] Credit Suisse Exec on Climbing the Ladder […]
ALDILA Signs Merger Agreement with Mitsubishi Rayon America; Board Recommends Stockholder Approval at December 27, 2012, Stockholder Meeting PR Newswire POWAY, Calif., Dec. 4, 2012 POWAY, Calif. , Dec […]
Oclaro Completes Sales of Thin Film Filter Business and Interleaver Product Line Initial Cash Proceeds of $23 Million Received December 3, 2012 PR Newswire SAN JOSE, Calif., Dec. 4, 2012 SAN JOSE, Calif. , Dec […]
Optimer Pharmaceuticals ( OPTR ) recently decided to collaborate with AstraZeneca ( AZN ) for the commercialization of Dificid (fidaxomicin) tablets. Dificid is indicated for the treatment of clostridium difficile infection (CDI). As per the terms of the agreement, AstraZeneca will be responsible for the commercialization of Dificid in South America including Brazil, Central America, Mexico and the Caribbean. […]
Computer Sciences Corporation ( CSC ) is streamlining its business operations. In order to focus on its core offerings, CSC has agreed to sell its credit service business to Equifax Inc . […]
Fifth Third Bancorp ( FITB ) is contemplating the divesture of a part of its Vantiv Inc. ( VNTV ) stake. […]
Rainbow Intersects Mineralized Zones In All Drill Holes At Jewel Ridge, Acquires Patented Claims Mr. David W. Johnston reports: PR Newswire TORONTO, Dec […]
WESCO’s Pending Acquisition of EECOL Electric Receives Canadian Competition Bureau Clearance PR Newswire PITTSBURGH, Dec. 4, 2012 PITTSBURGH , Dec. 4, 2012 /PRNewswire/ — WESCO International, Inc. […]
Beverly Hills, California-based international real estate investment and services company, Kennedy-Wilson Holdings, Inc. ( KW ) along with one of its partners, has acquired a luxury apartment community – Sandford Lodge in Dublin, Ireland. The apartment community was purchased for €27 million ($35 million) and the company invested half of the equity in the all cash transaction […]
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