Month: March 2014

T-Mobile US Inc. ( TMUS ) is set to unveil the next-generation HTC One (M8) in the U.S. with unlimited text, data and voice on its superfast 4G LTE network […]

Twitter Inc. ( TWTR ) fell for the third consecutive day on Mar 26, 2014, as share price dropped 7.2% to $44.43 to close the day. Year-to-date, Twitter shares have declined 34.2% as compared to the S&P 500’s 1.1% gain […]

Shares of paper products manufacturer Domtar Corporation ( UFS ) touched a new 52-week high of $114.14 on March 26, before closing the trading session a little lower at $111.95. This translates to a healthy year-to-date return of 45.5%. Domtar’s share prices have been on a steady uptrend since Sep 2013. […]

Pfizer Inc. ( PFE ) announced encouraging top-line data from a phase IIIb study evaluating Genotropin for increasing height in small-for-gestational-age (SGA) children aged between 24 and 30 months. The controlled, multi-center,, randomized phase IIIb study (n = 43) was aimed at gathering additional insight into the safety and efficacy of Genotropin in born SGA children who do not achieve catch-up growth by two years of age. […]

Norwegian major, Statoil ASA ( STO ) along with its partner ConocoPhillips ( COP ), has been awarded a deep-water exploration block in the Myanmar waters of Bay of Bengal. Located 200 km from the coast, Block AD-10 spans over 9,000 sq. km and rests at a water depth of about 2,000 meters […]

On Mar 26, we have updated our research report on Hanger Inc. ( HGR ). We are impressed with the company’s higher revenues and EPS guidance riding on improvements in Patient Care segment. […]

In a move to broaden its supply network in Central America, coatings giant PPG Industries ( PPG ) has agreed to buy substantially all of the assets of Panama-based Canal Supplies, Inc. for an undisclosed price. […]

Leading master limited partnership, Kinder Morgan Energy Partners L.P. ( KMP ) announced its plans to construct and operate a new 213-mile, 16-inch diameter pipeline to facilitate the transportation of carbon dioxide or CO2. […]

We issued an updated research report on Nike Inc. ( NKE ) following the company’s robust third-quarter fiscal 2014 results. For the third quarter, the company reported earnings per share of 76 cents, up 4% year over year and above the Zacks Consensus Estimate of 73 cents […]

On Mar 25, Zacks Investment Research downgraded U.S. health insurer Cigna Corp. ( CI ) to a Zacks Rank #4 (Sell) […]

Liberty Property Trust ( LPT ) disclosed a new unsecured revolving credit facility worth $800 million. This replaced an existing facility worth $500 million, which was due Nov 2, 2015. The move is aimed at strengthening the balance sheet and availing credit facility at competitive terms […]

UNS Energy Corporation ’s ( UNS ) shareholders have voted in favor of the proposed acquisition of the company by the subsidiary of a Canadian firm, Fortis Inc. The board of directors of UNS Energy has already given their approval for the transaction. The completion of the deal is subject to the approval of the Arizona Corporation Commission and other government bodies. […]

On March 27, Zacks Investment Research upgraded New Jersey Resources Corp. ( NJR ) to a Zacks Rank #1 (Strong Buy). […]

Facebook ’s ( FB ) Oculus acquisition did not receive a warm welcome from investors. Shares of the social network declined approximately 7.0% ($4.51) to $60.38 on Mar 26. The sell off showed that most of the investors did not share Facebook’s enthusiasm over the long-term prospect of the virtual reality computing market. […]