Stock Analysts

Tyco Headquarters to Shift to Ireland

Responding to recent Swiss law changes that define ceilings on executive pay and toughen immigration regulations, the Board of Directors of security systems maker Tyco International Ltd. ( TYC ) has approved a plan to transfer of its headquarters from Switzerland to "business friendly" Ireland. […]

Stock Analysts

LyondellBasell on Track with Ethylene Expansion

Chemicals and polymers maker LyondellBasell Industries ( LYB ) has secured a major permit needed for its North American ethylene expansion program. The Netherlands-based company said that it has received a final greenhouse gas permit from the U.S. Environmental Protection Agency (EPA) for its Corpus Christi project in Texas […]

Stock Analysts

Range Resources & EQT Swap Assets

The share price of Range Resources Corporation ( RRC ) fell 0.5% following the news of the company’s agreement with EQT Corporation ( EQT ). The deal entails exchange of both the companies’ producing properties and other assets. Per the agreement, Range Resources will transfer ownership of about 73,000 net acres and related assets in Glasscock and Sterling Counties, TX to EQT. […]

Stock Analysts

Siemen Inks Second On-Shore Peru Wind Project

Siemens Energy, an integral part of global electronic and electrical engineering company Siemens AG ( SI ), recently procured a contract for wind turbines for an on-shore wind-power facility in Peru from Spanish wind developer Cobra Energia. The order will enhance Cobra Energia's wind power generation capacity in Peru by 97 megawatt (MW). […]

Mergers & Acquisitions

New York REIT, Inc. Announces Satisfaction of Tender Offer Financing Condition

New York REIT, Inc. Announces Satisfaction of Tender Offer Financing Condition PR Newswire NEW YORK, May 5, 2014 NEW YORK , May 5, 2014 /PRNewswire/ — New York REIT, Inc. (“NYRT” or the “Company”) (NYSE: NYRT), announced today that it had satisfied the Credit Facility Condition (as defined in the Company’s Offer to Purchase, dated April 15, 2014, with respect to the Tender Offer), as a result of its successfully borrowing $68 million under its existing revolving credit facility. […]

Stock Analysts

Aaron’s Up to Strong Buy

On Apr 30, 2014, Zacks Investment Research upgraded Aaron’s Inc. ( AAN ), the leading rent-to-own retail operator, to a Zacks Rank #1 (Strong Buy). Why the Upgrade? […]

Stock Analysts

Acorda Down on Plumiaz CRL

Shares of Acorda Therapeutics, Inc . ( ACOR ) were down 9.8% on the news of the issuance of a Complete Response Letter (CRL) by the U.S. Food and Drug Administration (FDA) for the New Drug Application (NDA) for Plumiaz nasal spray […]