We have retained our Neutral recommendation on pollution control company Calgon Carbon Corporation ( CCC ) following its mixed first-quarter 2013 results, reported on May 6. Earnings topped the Zacks Consensus Estimate but sales missed. While Calgon Carbon is expected to gain from its cost reduction and pricing actions, it remains exposed to currency headwinds and weakness in its equipment business. […]
Kirkland Inc. ’s ( KIRK ) first-quarter 2013 earnings of 10 cents per share surpassed the Zacks Consensus Estimate of 5 cents. Earnings were, however, flat compared to the corresponding year-ago quarter. […]
We have maintained our long-term Neutral recommendation on Urban Outfitters, Inc . ( URBN ) with a target price of $45.00, following the company’s first-quarter fiscal 2014 results. The stock also carries a Zacks Rank #3 (Hold) […]
News Corporation ( NWSA ) recently announced that its board of directors has consented to the company’s earlier decision of splitting its operations into 2 separate publicly traded publishing and entertainment entities. The diversification is expected to culminate on Jun 28, 2013. Alongside, the company announced the board members for the separated entities. […]
[marketwatch A8560CFB-73A8-43EA-BB2E-9A6C1D44B0E9] EU Seeks Google Concessions, and More […]
Oramed CEO to Present at New York Biotechnology Association and The Israel Conference’s Fast & Cool™ Session PR Newswire JERUSALEM, May 28, 2013 JERUSALEM , May 28, 2013 /PRNewswire/ — Oramed Pharmaceuticals Inc. (NASDAQCM: ORMP) ( http://www.oramed.com ), a developer of oral drug delivery systems, announced today that the company’s CEO, Nadav Kidron , has been invited to be a speaker at two key events in New York and Los Angeles . On Wednesday, May 29 th , Oramed will be featured at New York Biotechnology Association ‘s 22nd Annual Meeting at the Marriott Marquis Hotel in New York City […]
Omthera Pharmaceuticals Announces First Quarter 2013 Financial Results PR Newswire PRINCETON, N.J., May 28, 2013 PRINCETON, N.J. , May 28, 2013 /PRNewswire/ — Omthera Pharmaceuticals, Inc. […]
[marketwatch 9ABA3AFD-9793-487B-B84A-B16F6BAB7C9E] Commodities Provide Tailwind […]
Neuralstem’s Cells Induce Improvement In Acute Spinal Cord Injury Rats, UCSD Study Shows PR Newswire ROCKVILLE, Md., May 28, 2013 ROCKVILLE, Md. , May 28, 2013 /PRNewswire/ — Neuralstem, Inc. (NYSE MKT: CUR) announced that a paper published today in the journal, STEM CELL RESEARCH AND THERAPY http://stemcellres.com/ , showed that rats transplanted with its spinal cord-derived human neural stem cells, NSI-566, three days after a spinal cord injury at L3 (lumbar 3), showed improvement along several measures of motor function and a reduction of spasticity. […]
Johnson Controls Assumes Complete Ownership of The Former Tata Johnson Controls (TJC) Joint Venture In India PR Newswire PLYMOUTH, Mich., May 28, 2013 PLYMOUTH, Mich. , May 28, 2013 /PRNewswire/ — Johnson Controls, a global leader in automotive seat systems and components, has acquired full (100-percent) ownership of Tata Johnson Controls (TJC). […]
Domtar to expand its personal care business with the acquisition of Associated Hygienic Products PR Newswire MONTREAL, May 28, 2013 (All financial information is in U.S. dollars, unless otherwise noted.) Acquired business is the #1 supplier of store brand infant diapers in the United States Purchase price of $272 million , synergies of $10 million to be achieved within two years Dramatically expands the North American footprint and product range of our Personal Care division Transaction is expected to close in the second quarter of 2013 TICKER SYMBOL (NYSE: UFS) (TSX: UFS) MONTREAL , May 28, 2013 /PRNewswire/ – Domtar Corporation (NYSE: UFS) (TSX: UFS) today announced the signing of a definitive agreement for the acquisition of privately-held Associated Hygienic Products (“AHP”), the largest manufacturer and supplier of store brand infant diapers in the United States , from DSG International for $272 million . […]
A leading manufacturer of precision bearings and components, RBC Bearings Inc. ( ROLL ) prepares to release its fiscal fourth-quarter 2013 results before the opening bell on May 29. In the last quarter, it delivered a negative earnings surprise of 10.17%. […]
Valspar Corp. ( VAL ) reached a new 52-week high of $74.24 on May 22, above its previous high of $74.11. The leading paints and coatings maker, which has a market cap of roughly $6.5 billion, has seen its share rise roughly 18% year-to-date. […]
[marketwatch E69CE920-5B76-40B2-A213-60C184AE634D] Tuesday, May 28: Watch Tiffany, Omthera […]
[marketwatch 679C7F09-A300-4FBB-BE11-8B170E7C3037] U.S. Stock Futures Jump […]
Evern among chart-busting performance by the equity market across most indices in recent times, the U.S. REIT industry has outperformed the broader equity market in the first four months of the year, with no signs of slowing. The year-to-date return for FTSE NAREIT Equity REITs Index is 16.8% (as of May 22, 2013), compared to 14.1% and 13.2% for Dow Jones Industrial Index and S&P 500 Index, respectively […]
AutoZone Inc. ( AZO ) reported a 15.8% rise in earnings per share to $7.27 for the third quarter of fiscal 2013 (ended May 4, 2013) from $6.28 in the year-ago quarter. Earnings surpassed the Zacks Consensus Estimate by 6 cents. […]
Gordmans Stores Inc. ( GMAN ) posted earnings per share of 17 cents in the first quarter of fiscal 2013, ahead of the Zacks Consensus Estimate of 12 cents. However, quarterly results lagged the year-ago quarter earnings of 41 cents per share. […]
We expect Splunk Inc. ( SPLK ) to beat expectations when it reports first-quarter 2014 results on May 30. Why a Likely Positive Surprise? […]
Campbell Soup Company ( CPB ), in following the footsteps of The Hain Celestial Group, Inc . ( HAIN ), recently agreed to acquire Plum Organics, a leading provider of premium organic baby food. We believe that the acquisition will enhance Campbell Soup’s product categories and also provide access to a wider range of customers. […]
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