Vertex Pharmaceuticals Incorporated ( VRTX ) recently announced the approval of its cystic fibrosis (CF) treatment, Kalydeco, in Canada. Kalydeco gained approval for the treatment of cystic fibrosis in patients aged 6 years and older who have at least one copy of the G551D mutation in the cystic fibrosis transmembrane conductance regulator (CFTR) gene. Kalydeco is already approved in the US and the EU. […]
We reiterate our Neutral recommendation on Xcel Energy Inc. ( XEL ). […]
Yet for all the optimism, housing is still in a fragile recovery. Many millions of home owners have more outstanding on their mortgages than what their houses are worth. Then, with banks still shy to lend, the Federal Government and its housing agencies back the vast majority of home loans. […]
Boston Scientific Corporation ( BSX ) recently revealed that it received CE Mark approval and is proceeding with the launch of the Precision Spectra Spinal Cord Stimulator (SCS) System in Europe. This device is intended to provide better relief from pain for a variety of patients inflicted with chronic pain. The Precision Spectra System is the sole SCS system in the market with 32 focused power sources and 32 contacts. […]
CapLease Inc , ( LSE ), a real estate investment trust (REIT), recently purchased a Class A office building in the energy corridor of Houston, Texas for $35.5 million. The average capitalization rate for the property is approximately 8.2%. […]
Laurus Corporation Acquires Sofitel Miami Hotel PR Newswire LOS ANGELES, Dec. 10, 2012 LOS ANGELES , Dec. 10, 2012 /PRNewswire/ — Laurus Corporation, a U.S.-based private real estate investment and development firm, announced that it has completed the acquisition of the Sofitel Miami hotel. […]
Lone Star Investment Advisors Announces the Sale of Petroplex Acidizing, LP Private Equity Firm Expands Customer Base, Business Line and Revenue for Provider of Acidizing and Chemical Stimulation Treatments for Oil Wells PR Newswire DALLAS, Dec. 10, 2012 DALLAS , Dec. 10, 2012 /PRNewswire/ — Lone Star Investment Advisors today announced the sale of Petroplex Acidizing, LP to One Rock Capital Partners, LLC. […]
Suntech Power Holdings Company Ltd. ( STP ) announced preliminary financial results for the third quarter ended September 30, 2012. In the reported quarter, Suntech's shipments of photovoltaic (PV) products declined by approximately 10% from the second quarter of 2012. […]
[marketwatch 88F19587-E0A2-4F42-905E-47972C6E0C74] Italy Front-Runner Vows Steady Hand […]
[marketwatch D7EA29FF-14F6-4DE2-81F5-64F33BCFE959] Oil Prices Risk Major Correction in 2013 […]
[marketwatch E7F2A215-1EE6-4655-9157-AF5F2DFC7300] PPR Bets on China’s Appetite for Luxury […]
ChipMOS Technologies (Bermuda) Ltd. ’s ( IMOS ) MACD indicator has moved into bearish territory with a reading of –0.3002. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 0.85% to $10.50 in morning trade. […]
Universal Technical Institute, Inc. ’s ( UTI ) MACD indicator has moved into bearish territory with a reading of –0.8589. The Zacks #4 Rank (“Sell”) stock decreased more than 0.52% to $9.62 in morning trade. […]
Couche-Tard Acquires 29 Stores in Illinois, Missouri and Oklahoma PR Newswire LAVAL, QC, Dec. 10, 2012 LAVAL, QC , Dec. […]
Briggs & Stratton Corporation Acquires Branco In Curitiba, Brazil PR Newswire MILWAUKEE, Dec. 10, 2012 MILWAUKEE , Dec. […]
In an effort to boost operations across Africa, Barclays PLC ( BCS ) is all set to augment its stake in Absa Group – the bank’s South African subsidiary. The British banking giant will also unite the majority of its African divisions with those of the Absa. […]
Oil refiner Phillips 66 ( PSX ) has increased its quarterly common stock dividend by 25% to 31.25 cents per share ($1.25 per share annualized). The new dividend will be paid in the first quarter of 2013. […]
We reaffirm our Neutral recommendation on Amdocs Ltd. ( DOX ) following its better-than-expected financial results for the fourth quarter of fiscal 2012. […]
Walgreen co. ( WAG ) has been taking strategic steps to negate the impact of the initial contract loss with Express Scripts Holding Company ( ESRX ). Additionally, the company has been striving to win back the former Express Scripts clients and stimulate customers’ demand amid a challenging macroeconomic scenario […]
China’s auto parts conglomerate Wanxiang Group Corp. won the bid for assets of Waltham, Massachusetts based lithium-ion battery maker A123 Systems Inc., beating other suitors in the auction, including Johnson Controls Inc. […]
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