Takeda and Lundbeck Announce FDA Approval of Brintellix™ (vortioxetine) for Treatment of Adults with Major Depressive Disorder PR Newswire OSAKA, Japan and COPENHAGEN, Denmark, Sept. 30, 2013 OSAKA, Japan and COPENHAGEN, Denmark , Sept. 30, 2013 /PRNewswire/ — Takeda Pharmaceutical Company Limited (Takeda) and H […]
Acquisition of The Active Network, Inc. by Vista Equity Partners May Not Be in the Best Interests of The Active Network Shareholders PR Newswire SAN DIEGO and KENT, Wash., Sept. 30, 2013 SAN DIEGO and KENT, Wash. […]
Generational Equity Announces the Sale of CETECH, Inc., to Triumph Enterprises PR Newswire DALLAS, Sept. 30, 2013 DALLAS , Sept. 30, 2013 /PRNewswire/ — Generational Equity , a leading mergers and acquisitions advisor for privately-held, middle-market businesses, is pleased to announce the acquisition of its client, CETECH, Inc. […]
Generational Equity Announces the Sale of DeLuca-Hoffman Associates, Inc., to Fay, Spofford & Thorndike PR Newswire DALLAS, Sept. 30, 2013 DALLAS , Sept. 30, 2013 /PRNewswire/ — Generational Equity , a leading mergers and acquisitions advisor for privately-held, middle-market businesses, is pleased to announce the acquisition of its client, DeLuca-Hoffman Associates, Inc […]
Varian Medical Systems, Inc. ( VAR ) recently presented encouraging data on a revolutionary pipeline product at the 54th annual meeting of the American Society for Radiation Oncology (ASTRO). This should further boost the positive trend demonstrated by VAR’s stock over the last couple of weeks. […]
TFS Financial Corporation ’s ( TFSL ) share price moved north by 5.8% following the Sep 26 announcement that the company has received authorization from the Federal Reserve to recommence its stock repurchase program. The green signal from the Fed spells good news for the company, and comes as a respite after the arduous financial restrictions owing to two Memorandums of Understanding (MOU). […]
TransDigm Group Incorporated ( TDG ) extended the expiration dates for the exchange offer that allows up to $500 million of new Senior Subordinated Notes registered under the Securities Act of 1933 to be exchanged with the unregistered ‘old notes,’ both due in 2021. The exchange offer was formerly set to expire on Sep 26, 2013. The approximate value of the tenders received as of this date was $499 million, or about 99.8% of the aggregate principal amount […]
FLIR Systems, Inc. ( FLIR ) announced that it received a contract from the U.S. […]
FT Portfolios Canada Co. announces changes to ScotiaMcLeod™ Canadian Core Portfolio Canada NewsWire TORONTO, Sept. 30, 2013 TORONTO , Sept. […]
Group 1 Automotive Acquires Honda Dealership in Tulsa PR Newswire HOUSTON, Sept. 30, 2013 HOUSTON , Sept. […]
Shares of Cerner Corp. ( CERN ) rose nearly 8% following the announcement of a multiyear partnership with Intermountain Healthcare. […]
PPG Industries Inc. ( PPG ) has announced that its commercial coatings group will showcase its expertise in coating solutions at the International Construction & Utility Equipment Exposition (ICUEE), scheduled to be held from Oct 1-3 in Louisville, Ky. […]
Toyota Motor Corp. ’s ( TM ) share price dropped 1.3% to $130.26 on Sep 27, following its announcement of recalling 615,000 Sienna minivans in the U.S. The automaker is recalling the vehicles of model years 2004-2005 and 2007-2009 to fix a problem in the shift lever assembly […]
The Department of Defense (DoD) handed out multiple contracts worth $10.92 billion as its fiscal 2013 draws to a close. Among the chief winners was L-3 Communications Holdings Inc. ( LLL ), which won four contracts valued at a total $163.0 million […]
On Sep 27, 2013, the U.S. Department of Defense (DoD) disbursed 113 separate contracts worth $10.92 billion with Northrop Grumman Corp. ( NOC ) winning 10 or approximately 9% of the total contracts awarded. […]
We retain our Neutral recommendation on Montpelier Re Holdings Ltd . ( MRH ), as exposure to catastrophe losses, rising expenses and debt level continue to dwarf the positives. The property and casualty insurer carries a Zacks Rank #3 (Hold) […]
SunPower Corp. ( SPWR ) has entered into an agreement with Shimizu Corp. […]
Industrial goods manufacturer Ingersoll-Rand Plc ’s ( IR ) wholly-owned subsidiary Allegion US Holding Company Inc recently completed the debt offering of $300 million worth of 5.75% senior notes. At the same time, Allegion closed the syndication of $1 billion senior secured term loan facilities. These include two equal amounts of ‘tranche A’ and ‘tranche B’ term loan facilities due in 2018 and 2020, respectively. […]
The market reacted positively toward PetSmart, Inc. ’s ( PETM ) shareholder friendly moves, as its shares rose about 2.8%. […]
On Sep 27, 2013, we reaffirmed our long-term recommendation on Equity Residential ( EQR ) at Neutral. Going forward, we believe that the company’s results would benefit from its solid fundamentals, expansion efforts in high barrier-to-entry regions in the U.S. and a favorable demographic trend that continue to positively impact the demand of apartments. […]
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