Month: May 2014

Array BioPharma ( ARRY ) announced that it has entered into a drug discovery collaboration agreement with Biogen Idec ( BIIB ). The collaboration primarily relates to the discovery and development of inhibitors targeting a novel kinase for the treatment of autoimmune disorders. […]

CEO Michael Hoffman of Toro Co. ( TTC ) discussed the company’s growth drivers for fiscal 2014 during its second-quarter fiscal 2014 conference call on May 22. Backed by its strong product lineup and an aggressive promotional calendar, this worldwide provider of turf and landscape maintenance equipment as well as irrigation solutions is poised to deliver revenue growth in the remainder of 2014 […]

Tesla Motors, Inc. ’s ( TSLA ) Model S has received top points from the Automobile Association of America's Green Car Guide along with Toyota Motor Corp. ’s ( TM ) RAV4 EV. […]

Security and protection services provider The ADT Corporation ( ADT ) recently intensified its crusade against deceitful sales by rival firms to protect its brand image and loss of reputation. The company has even announced a reward of $25,000 for a video evidence of such deceitful acts to prosecute the offenders. […]

Precision Drilling Corporation ( PDS ) – the largest drilling contractor of Canada − is set to offer senior unsecured notes worth $400.0 million. The company expects the notes to mature by 2024. The offering’s net proceeds will likely be utilized by the company for normal corporate activities and manufacturing new rigs […]

On Tuesday, First Industrial Realty Trust Inc. ( FR ), the Chicago, IL-based real estate investment trust (REIT), announced the inking of long-term lease agreements for two recently completed buildings. This corresponds with the usual company strategy of offering high-quality facility to tenants as well as keeping its own cash-flow growth momentum going. […]

Reportedly, Facebook ( FB ) has sought antitrust approval from the European Union for its purchase of mobile-messaging service, WhatsApp. In Feb, 2014, Facebook declared its intention of acquiring Whatsapp for a whopping sum of $19.0 billion. […]

Intel Corporation ( INTC ) recently showcased two gadgets based on the latest technology trends at the Code Conference. It unveiled a white two foot tall robot named Jimmy and a health-tracking smart shirt. Intel demonstrated Jimmy as an open-source, customizable 3D-printed research robot, which is designed to walk, talk, sing, dance, translate languages and tweet. […]

Deere & Company ( DE ) has upped its quarterly dividend by 9 cents or 18% to 60 cents per share. This marks the 12th consecutive year of dividend raise for the company. […]

Close on the heels of its last week’s announcement of two new non-stop flights from Fort Lauderdale-Hollywood International Airport, JetBlue Airways Corporation ( JBLU ) has added twice-daily non-stop flights between Fort Lauderdale-Hollywood International Airport and Jacksonville International Airport. The company aims to launch the new flights from Oct 29, 2014. We believe the new addition to JetBlue’s operationswill beaccretive to its revenues and support its long-term growth goals. […]

Solar photovoltaic installer SolarCity Corp. ( SCTY ) is now teaming up with Groupon Inc. ( GRPN ) to form one of the first online offers of its kind for solar systems, a new way to sign up more customers in the increasingly competitive rooftop solar market […]

Specialty chemicals company Westlake Chemical Corp. ( WLK ) has agreed to buy Ismaning, Germany-based Vinnolit Holdings GmbH and its subsidiaries from private equity firm Advent International for €490 million (roughly $667 million). Vinnolit is a leading producer of specialty polyvinyl chloride (PVC) resins. […]

World’s leading money transfer company, Western Union Co. ( WU ) has initiated its online service – www.WesternUnion.ng – in Nigeria with the debut of its online site. This is Western Union’s first inward-remittance website across the globe […]

NuScale Power, the independently managed operating unit of Fluor Corporation ( FLR ), recently inked an agreement with the U.S. Department of Energy (DOE) for the development of next-generation nuclear reactor designs. Under the five-year, public-private partnership, Oregon-based NuScale Power will receive matching funds from the DOE to facilitate the development of its nuclear small modular reactor (SMR) technology. […]

As per a Bloomberg report, CRM platform provider salesforce.com, Inc. ( CRM ) has entered into a strategic alliance with the world’s largest software maker, Microsoft Corp. ( MSFT ), to offer Salesforce’s CRM services on Microsoft Azure […]

First Solar Inc. ( FSLR ) sold its 250-megawatt (MW) Silver State South power project to an affiliate of NextEra Energy Inc. ( NEE ) for an undisclosed amount […]