The U.K. supermajor BP plc ( BP ) along with its partners Reliance Industries Limited (“RIL”) and Niko Resources Ltd. has hit upon a significant gas and condensate deposit in the KG D6 block, off the eastern coast of India. […]
Robbins Brothers, The Engagement Ring Store Ties the Knot with E.E. Robbins in Northwest Robbins Brothers expansion into Seattle, Washington will benefit customers with additional diamonds and collections of engagement rings and wedding bands for every price point and style preference. PR Newswire LOS ANGELES, May 29, 2013 LOS ANGELES , May 29, 2013 /PRNewswire/ — Los Angeles -based Robbins Brothers, The Engagement Ring Store announced that it has purchased all the assets of Seattle ‘s favorite neighborhood engagement ring store, E.E […]
HarvestMark Acquires ShopWell, Adding A Million More Shoppers To Its Insights Solution Acquisition Reinforces Company’s Strategy as the Provider of Trusted Information About Food and Expands Insights to the Entire Grocery Store PR Newswire REDWOOD CITY, Calif., May 29, 2013 REDWOOD CITY, Calif. , May 29, 2013 /PRNewswire-iReach/ — YottaMark, Inc. […]
[marketwatch 2F8D2E56-C0C3-42B4-921A-EB79A7E5F7AB] Empire State Building’s IPO, and More […]
Apple ’s ( AAPL ) favorable preliminary ruling against Samsung at the International Trade Commission (“ITC”) is under review, reported Bloomberg. In October, Judge Thomas Pender ruled that Samsung had infringed upon three out of the four patents that were brought forward by Apple. Apple had sought a ban on some of the Samsung products, such as the Nexus range of Smartphones and Galaxy tablets alleging that Samsung had infringed upon four patents held by them. […]
Masimo Corporation ( MASI ), a leader in non-invasive monitoring technology for patient care, recently reported that El Paso Children's Hospital, a prominent children’s hospital in the western part of Texas, had adopted Masimo SET pulse oximetry and sensor offerings. The adoption of Masimo technology by El Paso Children's Hospital is in line with its commitment to quality care and favorable outcomes. In addition, the hospital retains the option to utilize Masimo rainbow Pulse Co-Oximetry product […]
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. ( BHI ) reported a dip in the U.S. rig count (number of rigs searching for oil and gas in the country). […]
Indian newspaper The Economic Times reported that American Tower Corp. ( AMT ) is aggressively pursuing its Indian ambitions. The company is on the verge of acquiring 8,000 wireless towers of Tower Vision, a privately held Indian wireless tower operator. […]
We have retained our Underperform recommendation on world's largest gold miner Barrick Gold ( ABX ). Our view reflects higher costs, weak gold prices and uncertainties surrounding the Pascua-Lama mine. Why Retained […]
The Dow and S&P 500 have achieved new highs this year. Given anemic or no returns on bonds, money market and gold, it is somewhat unlikely that, in the absence of a major shock, the equity rally will dissipate in the short-term. […]
Cyberonics Inc. ( CYBX ) recently revealed that the Centers of Medicare and Medicaid Services (CMS) declined its request associated with the company’s reimbursement claim submission. This was to review its decision on the 2007 National Coverage Determination for the treatment-resistant depression (TRD) indication for its well-regarded VNS Therapy System. […]
Zacks Investment Research downgraded shares of ETHAN ALLEN INT (ETH) from NEUTRAL to UNDERPERFORM on May 29, 2013, with a target price of $30.50. Ethan Allen Inc. is a leading manufacturer and retailer of quality home furnishings, offering a full range of furniture products and accessories […]
Zacks Investment Research downgraded shares of AIR METHODS CRP (AIRM) from NEUTRAL to UNDERPERFORM on May 29, 2013, with a target price of $36.30. Air Methods Corporation provides air medical emergency transport services and systems throughout North America. […]
Zacks Investment Research downgraded shares of COMPRESSCO PTNR (GSJK) from NEUTRAL to UNDERPERFORM on May 29, 2013, with a target price of $19.20. Compressco Partners, L.P. is engaged in providing wellhead compression-based production enhancement services to natural gas and oil exploration and production companies in the United States, Canada, and Mexico […]
Zacks Investment Research downgraded shares of MERCADOLIBRE IN (MELI) from OUTPERFORM to NEUTRAL on May 29, 2013, with a target price of $127.20. MercadoLibre is the largest online trading platform in Latin America. We are market leaders in e-commerce in each of Argentina, Brazil, Chile, Colombia, Ecuador, Mexico, Peru, Uruguay and Venezuela, based on unique visitors and page views […]
Zacks Investment Research upgraded shares of DENISON MINES (DNN) from UNDERPERFORM to NEUTRAL on May 29, 2013, with a target price of $1.20. DENISON MINES CORPORATION is the premier intermediate uranium producer in North America, with mining assets in the Athabasca Basin Region of Saskatchewan, Canada and the southwest United States including Colorado, Utah, and Arizona. Further,they has ownership interests in two of the four conventional uranium mills operating in North America today […]
Zacks Investment Research upgraded shares of KRONOS WORLDWD (KRO) from UNDERPERFORM to NEUTRAL on May 29, 2013, with a target price of $16.60. KRONOS WORLDWIDE, INC. is a global producer and marketer of value-added titanium dioxide pigments. […]
ScanlanKemperBard Companies launches new SKB Hotel Group with Robert Riley PR Newswire PORTLAND, Ore., May 29, 2013 PORTLAND, Ore. , May 29, 2013 /PRNewswire/ — Portland -based ScanlanKemperBard Companies (SKB) and hotel industry veteran Robert Riley have announced that they have joined together to form SKB Hotel Group. The new group will specialize in providing hospitality financial advisory services and hotel and resort investment and development […]
Metal products company RBC Bearings Inc. ( ROLL ) reported fiscal fourth quarter 2013 financial results with adjusted earnings of 69 cents per share, beating the Zacks Consensus Estimate of 63 cents per share. Efficiency gains as well as margin expansion facilitated the beat. […]
We recently maintained our Neutral recommendation on Gerdau S.A. ( GGB ), one of the leading steel producers in Brazil. Why Neutral? […]
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