Month: February 2014

On Feb 3, Capital One Financial Corp. ’s ( COF ) Chief Executive Officer (CEO) Mr. Richard Fairbank received approval for compensation worth $5.7 million for 2013, as per the latest SEC filing by the bank. […]

Endo Health Solutions ( ENDP ) completed its acquisition of privately held generics company Boca Pharmacal for $225 million in cash. The acquisition, which will be earnings accretive immediately, should boost Endo’s Qualitest (formerly generics) portfolio. The decision to buy Boca Pharmacal, which focuses on the commercialization and development of products including controlled substances, semisolids, and solutions, is a strategic move by Endo as it strives to combat the lost revenues from genericization of its key painkillers and other drugs. […]

Leading telecom carrier, AT&T, Inc. ( T ) announced a reduction in pricing for family plans on Feb 1, including data on its G LTE network. Customers with a family of four can now switch to AT&T’s family plan that offers unlimited talk and text, and 10GB of data for $160 a month […]

In a bid to further strengthen its dermatology portfolio, Valeant Pharmaceuticals International, Inc. ( VRX ) entered into a definitive agreement to acquire privately-held PreCision Dermatology, Inc. for $475 million in cash. […]

Genuine Parts Company ( GPC ) announced three acquisitions at its Industrial, Electrical/Electronic and Office Groups, which are expected to provide growth in the future. Motion Industries (Canada), Inc., an indirect wholly-owned subsidiary of Genuine Parts’ Industrial Group, Motion Industries, completed the acquisition of 100% of the issued and outstanding common shares of Commercial Solutions Inc. (CSI) on Jan 31, 2014. […]

Struggling handset developer, Nokia Corporation ( NOK ), is offering free loans to small and medium businesses (SMBs) in the U.K., to drive Windows smartphone sales. The company will provide Windows smartphones for 30 days as a testing period to business enterprises that have at least 100 employees. With this strategic move, Nokia is targeting businesses which operate on Microsoft systems with the aim of facilitating higher adoption of Windows smartphones […]

We recently maintained our Neutral recommendation on Illinois Tool Works Inc. ( ITW ). […]

Pluristem Therapeutics, Inc. ( PSTI ) recently announced that the U.S. National Institute of Allergy and Infectious Diseases (NIAID) will initiate a mechanism-of-action study to evaluate Pluristem's PLacental eXpanded RAD (PLX-RAD) cells for the treatment of acute radiation syndrome (ARS) […]

With the aim to tap local market opportunities in the southwest region, real estate investment trust (REIT) Piedmont Office Realty Trust Inc. ( PDM ) opened an office in Dallas, Texas. Notably, this marks the company’s second office in the southwest region, the other being in Washington, D.C […]

Ralph Lauren Corporation ( RL ) is slated to release its third-quarter fiscal 2014 results on Feb 5, 2014. In the previous quarter, this premium lifestyle merchandise retailer reported a positive earnings surprise of 1.36%. Let’s see how things are shaping up for this announcement […]

Omeros Corp. ( OMER ) has reported positive data from a phase I study on OMS721 following the completion of dosing. OMS721 is being evaluated for the prevention of complement-mediated thrombotic microangiopathies (TMAs). […]