Month: February 2014

Stock Analysts

Avanir Files NDA for AVP-825

February 3, 2014 0

Pipeline updates are highly awaited events in the pharma/biotech sector as they play an important role in deciding whether or not to invest in a particular company. Pipelines are of prime importance as far as pharma/biotech companies are concerned. These companies spend a significant amount in advancing their pipelines. […]

Stock Analysts

Yahoo Acquires Incredible Labs

February 3, 2014 0

Yahoo! Inc. ( YHOO ) maintains its startup acquisition spree, after purchasing eight such companies in the past quarter. The latest to join the ranks is Incredible Labs, the developer of personal-assistant app Donna […]

Stock Analysts

Nucor Held at Neutral

February 3, 2014 0

On Jan 29, we reaffirmed our Neutral recommendation on steelmaker Nucor Corporation ( NUE ). While weak pricing and challenging steel market fundamentals remain concerns, strength across automotive and energy markets coupled with the company’s key projects should support results moving ahead. Why Neutral? […]

Stock Analysts

Actelion’s Opsumit Launched in Germany

February 3, 2014 0

Actelion Ltd. ( ALIOF ) announced the launch of Opsumit 10 mg in Germany for the long-term treatment of patients suffering from pulmonary arterial hypertension (PAH WHO Functional Class II to III) to delay disease progression. Opsumit was approved in the EU in Dec 2013. […]

Stock Analysts

Best Buy Trying to Turn Around

February 3, 2014 0

As per media reports, electronic giant retailer Best Buy Co., Inc. ( BBY ) is likely to slash 950 employees from its Canadian operations (Best Buy and Future Shop outlets) to cut down on costs. Further, Best Buy is remodeling its outlets in Quebec, British Columbia, Manitoba, Ontario and Alberta with “Stores-within-a-Store” idea by collaborating with vendor partners including South Korean giant Samsung and Microsoft Corporation ( MSFT ). […]

Stock Analysts

Has Coach Lost Momentum?

February 3, 2014 0

It seems that investors are losing confidence in Coach, Inc. ( COH ), after this designer and marketer of fine accessories and gifts disappointed with its second-quarter fiscal 2014 performance. Shares of this Zacks Rank #5 (Strong Sell) have dropped 3% since the earnings announcement on Jan 22, whereas year-to-date the stock has fallen 14.3%. […]

Stock Analysts

McGraw-Hill Up on Dividend Hike

February 3, 2014 0

McGraw Hill Financial, Inc. ( MHFI ) is an intriguing option for investors seeking both growth and income, as the shares of this financial information provider rose 1.4% after the company announced a dividend hike on Jan 29, 2014. The news of the dividend hike reflects this Zacks Rank #2 (Buy) stock’s plan of utilizing free cash to enhance shareholders’ return, thereby boosting investors’ confidence in the stock […]

Kitco Video

Gold Manipulation Not In Sight, Chinese Debt Levels On Radar

February 3, 2014 0

[youtube rAD8fs99I0o] Matthew Kerkhoff, research director at Dow Theory Letters, speaks with Kitco News about the global central banks, gold and Chinese debt levels on this edition of “On the Spot.” The ECB is meeting in Frankfurt this Thursday and Kerkhoff says Draghi is under pressure to continue easing. “Everyone is going to be looking to Draghi to do something with the euro; whether it is cutting rates a little bit further or actually starting to engage in some type of QE, I do believe the pressure is mounting for him to make a move.” Looking at the U.S., Kerkhoff says the Fed made the right decision to taper last week. “People were worried that the emerging market disruptions were going to cause the Fed to shift course a little bit but that would have been a big mistake,” he adds. […]