Month: May 2014

Stock Analysts

Nokia’s New Division to Improve Security

May 28, 2014 0

In a bid to enhance its security device and services, Nokia Corporation ( NOK ) has launched a full-time Security division. The new unit will operate under the Mobile Broadband group – an important part of the company’s Nokia Solutions and Networks (NSN) segment. The Security division will offer a complete range of security solutions through an advanced workforce and superior technology […]

FDA Approval

FDA Approves ALOXI (palonosetron HCl) to Prevent Nausea and Vomiting due to Chemotherapy in Children as Young as 1 Month

May 28, 2014 0

FDA Approves ALOXI (palonosetron HCl) to Prevent Nausea and Vomiting due to Chemotherapy in Children as Young as 1 Month — Pediatric Patients Aged 1 Month to Less Than 17 Years Now Have A New Option to Help Prevent Acute Chemotherapy-Induced Nausea and Vomiting — PR Newswire WOODCLIFF LAKE, N.J. and LUGANO, Switzerland, May 28, 2014 WOODCLIFF LAKE, N.J. and LUGANO, Switzerland , May 28, 2014 /PRNewswire/ — Eisai Inc. […]

Downgrades

SNYDERS-LANCE (LNCE) Downgraded by Zacks to UNDERPERFORM

May 28, 2014 0

Zacks Investment Research downgraded shares of SNYDERS-LANCE (LNCE) from NEUTRAL to UNDERPERFORM on May 28, 2014, with a target price of $25.70. Synders-Lance Inc, formerly known as Lancer Inc, is engaged in the manufacture, market and distribution of a variety of branded and private label snack foods and bakery products. Products include branded sandwich crackers, sandwich cookies, restaurant crackers and bread basket items, candy, chips, meat snacks, nuts and private label cookies and crackers. […]

Upgrades

CUSTOMERS BANCP (CUBI) Upgraded by Zacks to OUTPERFORM

May 28, 2014 0

Zacks Investment Research upgraded shares of CUSTOMERS BANCP (CUBI) from NEUTRAL to OUTPERFORM on May 28, 2014, with a target price of $23.80. Customers Bancorp is a bank holding company of Customers Bank, a state-chartered bank in Pennsylvania. It provides banking services to small and medium-sized businesses, professionals, individuals and families. […]

Mergers & Acquisitions

Magnetic™ Acquires Cognitive Match

May 28, 2014 0

Magnetic™ Acquires Cognitive Match Acquisition Unites Search Intent with Creative Optimization and Site Retargeting PR Newswire NEW YORK, May 28, 2014 NEW YORK , May 28, 2014 /PRNewswire/ — Digital ad technology platform, Magnetic , announced today the acquisition of Cognitive Match, a dynamic creative optimization and site retargeting provider. The combined solution gives marketers the ability to apply the power of Magnetic’s search data to dynamic creative. Dynamic creative optimization (DCO) technology enables brands to transform generic advertising into relevant messages by changing the creative elements of the ad in real time. […]

Stock Analysts

Hillshire Brands Reaches 52-Week High

May 28, 2014 0

Shares of packaged meat producer The Hillshire Brands Company ( HSH ) reached 52-week high of $45.52 on May 27 after Pilgrim’s Pride Corp. ( PPC ) proposed to buy Hillshire Brands in an all-cash deal. Shares of Hillshire Brands soared 22% on the news and eventually closed at $45.19. […]

Stock Analysts

Balanced View of GameStop

May 28, 2014 0

We issued an updated research report on GameStop Corp. ( GME ) following the video game and entertainment software retailer’s first-quarter fiscal 2014 results. The company posted earnings of 59 cents a share that came a couple of cents ahead of the Zacks Consensus Estimate and surged 28.3% from 46 cents delivered in the year-ago quarter. […]

Stock Analysts

Airgas Announces Price Hike

May 28, 2014 0

Airgas, Inc. ( ARG ), the supplier of industrial, medical and specialty gases, and hardgoods declared that its operating units will raise the prices of various products and gases to combat rising costs on multiple fronts including product costs, supplier costs, labor and benefits, and regulatory compliance. The increase is effective Jul 1, 2014, or as allowed by contracts. […]

Mergers & Acquisitions

Red Metal Resources Announces Agreement to Acquire Further Claims for Farellon Property

May 28, 2014 0

Red Metal Resources Announces Agreement to Acquire Further Claims for Farellon Property PR Newswire THUNDER BAY, ON and VALLENAR, CHILE, May 28, 2014 THUNDER BAY, ON and VALLENAR, CHILE , May 28, 2014 /PRNewswire/ – Red Metal Resources Ltd. (OTCQB:RMES), a mineral exploration company with copper-gold assets in Chile , is pleased to announce that its Chilean subsidiary, Minera Polymet Limitada, (“Polymet”) has signed a memorandum of understanding to acquire the option to earn 100% interest in two mining concessions contiguous to our Farellon Property. The two claims total 486 hectares and will add a further approximately 5 kilometres of strike length of veins along the same trend as the previously drilled vein zone on our Farellon Property […]

Mergers & Acquisitions

Blue Cross and Blue Shield of New Mexico Receives Regulatory Approval to Acquire Lovelace Health Plan Membership in New Mexico

May 28, 2014 0

Blue Cross and Blue Shield of New Mexico Receives Regulatory Approval to Acquire Lovelace Health Plan Membership in New Mexico Nearly 100,000 new members will gain access to highly coordinated, cost-effective, quality care PR Newswire ALBUQUERQUE, N.M., May 28, 2014 ALBUQUERQUE, N.M. , May 28, 2014 /PRNewswire/ — Blue Cross and Blue Shield of New Mexico (BCBSNM) received its final regulatory approval to acquire Lovelace Health Plan commercial members and the Medicare Advantage contract. The transaction is expected to be complete on June 1, 2014 . […]

Mergers & Acquisitions

American Realty Capital Properties Announces Closing of Follow-On Public Offering of 138,000,000 Shares of its Common Stock

May 28, 2014 0

American Realty Capital Properties Announces Closing of Follow-On Public Offering of 138,000,000 Shares of its Common Stock PR Newswire NEW YORK, May 28, 2014 NEW YORK , May 28, 2014 /PRNewswire/ — American Realty Capital Properties, Inc. (“ARCP”) (NASDAQ: ARCP) announced today the closing of its previously announced public offering of 138,000,000 shares of its common stock, par value $0.01 per share, at a price of $12.00 per share (before underwriting discounts and commissions). […]