Stock Analysts

Volcano to Buy AtheroMed

Precision guided therapy tools provider for diagnosis and treatment of coronary and peripheral vascular disease – Volcano Corporation ( VOLC ) has actively pursued acquisitions to drive growth. The company recently signed an agreement to acquire privately-held AtheroMed, Inc. – the developer of Phoenix Atherectomy System used in the treatment of peripheral artery disease (PAD), for $115.0 million in cash […]

Stock Analysts

Aeropostale Rallies on Sycamore Deal Closure

Shares of Aeropostale, Inc. ( ARO ) rallied 15% on the index following the completion of earlier announced $150 million financing deal with Sycamore Partners. The deal will bail out the beleaguered teen apparel retailer by mitigating any chances of near term liquidity crisis […]

Stock Analysts

SAP HANA for Fashion, Education

SAP AG ( SAP ) recently unveiled its two most recent initiatives. SAP launched a new platform for students and academicians to promote research and co-innovation using SAP HANA. Apart from this, the company’s previously announced SAP Fashion Management application is now being implemented by leading fashion merchants like Giorgio Armani and Luxottica […]

Stock Analysts

Conn’s Opens HomePlus Stores in Tennessee

Conn’s Inc . ( CONN ), a Texas-based durable consumer goods retailer, recently announced that it has opened two HomePlus stores in Tennessee. The move reflects the company’s strategy to provide more space to its fastest growing product categories – furniture and mattresses – which recorded a year-over-year revenue increase of 81.4% in the fourth quarter of fiscal 2014 […]

Stock Analysts

Qiagen’s therascreen KRAS Gets FDA Nod

Qiagen NV 's ( QGEN ) clinically proven therascreen KRAS RGQ PCR Kit recently received the U.S. Food and Drug Administration (FDA) approval to identify and guide the treatment of metastatic colorectal cancer patients using Amgen Inc .'s ( AMGN ) oncology drug – Vectibix. Following the news, Qiagen's share price increased 1.8% to close at $22.98 yesterday […]

Stock Analysts

Delta to Expand Seattle Network

In an attempt to strengthen its network, Delta Air Lines Inc. ( DAL ) has announced new daily non-stop flights from Seattle to popular ski and beach destinations across the Americas. Delta is eyeing the maximum number of international destination flights from Seattle, higher than any of its peers […]

Stock Analysts

Intel Inks Agreement with Rockchip

Intel Corporation ( INTC ) recently signed an agreement with Rockchip, a Chinese mobile chipmaker in a bid to produce chips for cheap tablet computers running on Google ’s ( GOOGL ) Android operating system. The financials of the deal were not disclosed. The two companies will build a mobile systems-on-a-chip (SoC) platform called SoFIA under Intel’s brand name […]

Stock Analysts

EU Nod for Eli Lilly/Boehringer’s Jardiance (revised)

Eli Lilly and Company ( LLY ) and partner Boehringer Ingelheim announced that the European Commission (EC) has approved their sodium glucose co-transporter-2 (SGLT2) inhibitor, Jardiance (empagliflozin). Jardiance (10 mg and 25 mg once daily tablets) is approved as an adjunct to diet and exercise for improving glycemic control in adults suffering from type II diabetes. […]

Stock Analysts

Hyatt Hotels Expands Portfolio

Leading hotelier, Hyatt Hotels Corporation ( H ) recently announced the expansion of its hotel portfolio in Europe and China under the Hyatt Place brand. It has inked an agreement with Jersan LLC – a company that develops and owns hotels and engages in tourism activities – to develop a Hyatt Place hotel in Jermuk, Armenia which is well known for its natural beauty and cultural heritage sites. The company also announced the opening of another Hyatt Place hotel in the Dongmen district of Shenzhen […]

Stock Analysts

Ingram Micro Inks Distribution Deal

Per a recent agreement, Ingram Micro ( IM ) will distribute protective solutions for mobiles and tablets from OtterBox and LifeProof. OtterBox and LifeProof provide protective gear for all smartphones and tablets available in the market. These protective cases are designed to guard the mobile devices from external elements such as water, dirt, snow as well as sudden shock […]

Kitco Video

If Market Can’t Hold $1,220, Gold May Head Towards $1,000: iiTrader

[youtube rRDeU5S8FEk] Kitco News speaks with iiTrader’s Bill Baruch, following gold’s dip below $1,260 on Wednesday, to see if he thinks the yellow metal is headed lower. “A lot of volume was built in these June options that went off yesterday so we started to see a move ahead of that [on Tuesday] and the market took the downturn,” he says. […]

Stock Analysts

3 Defense Aircraft Stock Picks

Durable orders increased by 0.8% in April after rising by 3.6% in March. This may seem to be a significant decline, but is not being viewed as a hugely negative signal by market analysts. […]

Stock Analysts

Statoil Gets Nod from Norway Govt. to Drill

Norwegian oil giant, Statoil ASA ( STO ) has received approval from the Norwegian Ministry of Climate and Environment to commence drilling operations related to the Apollo prospect in the Hoop area. The Apollo prospect is among the three wells that Statoil intends to drill this summer in the Hoop area. […]