Stock Analysts

Intuit to Acquire Check Inc.

Intuit Inc. ( INTU ), a provider of TurboTax and business management software solutions, has reportedly inked a deal with mobile bill payment start-up, Check Inc., for a purchase consideration of $360.0 million. Increasing adoption of smartphones has paved the way for mobile commerce […]

Stock Analysts

Biogen’s Plegridy Closer to EU Approval

Biotech company, Biogen Idec ( BIIB ), well known for its strong presence in the multiple sclerosis (MS) market, received a boost with the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMA) issuing a positive opinion for its multiple sclerosis candidate, Plegridy (peginterferon beta-1a). Biogen is looking to get Plegridy, a pegylated interferon administered subcutaneously, approved for use in adults with relapsing-remitting multiple sclerosis (RRMS). A decision from the European Commission (EC) regarding the candidate’s approval status should be out in the second half of the year […]

Mergers & Acquisitions

DTE Energy finalizes sale of historic Marysville Power Plant to Commercial Development Company

DTE Energy finalizes sale of historic Marysville Power Plant to Commercial Development Company Phase 1 of the site cleanup to begin immediately PR Newswire MARYSVILLE, Mich., May 27, 2014 MARYSVILLE, Mich. , May 27, 2014 /PRNewswire/ — DTE Energy completed its sale of the historic Marysville Power Plant to Commercial Development Company, a firm specializing in industrial brownfield work. The Marysville Power Plant – also known as the “Mighty Marysville” – operated from 1922 until 2001, employing as many 250 people at its peak. […]

Stock Analysts

Giant Interactive Misses on Earnings, Revs

One of China’s leading online game developers, Giant Interactive Group Inc. ( GA ) reported first quarter fiscal 2014 adjusted earnings of 22 cents (on a local currency basis). Earnings were almost flat year over year owing to weak sales […]

Stock Analysts

Textron Inc. Poised Evenly

On May 23, we have issued an updated research report on Textron Inc. ( TXT ). The aerospace and defense firm continues with its systematic inorganic growth initiatives along with expansion of product and service portfolio […]

Stock Analysts

Airgas Riddled with Near-Term Challenges

On May 22, 2014, we issued an updated research report on Airgas, Inc. ( ARG ). This supplier of industrial, medical and specialty gases and hardgoods posted adjusted earnings of $1.15 a share in fourth-quarter fiscal 2014 (ended Mar 31, 2014), up 1% year over year, short of the Zacks Consensus Estimate of $1.19 as well as the management's earnings guidance of $1.18–$1.23 per share. […]

Stock Analysts

AGCO to Acquire Intersystems

The agricultural equipment maker AGCO Corporation ( AGCO ) announced that it has agreed to acquire Intersystems Holdings Inc. and subsidiary (Intersystems). This will expand the company’s material handling capabilities […]

Downgrades

VERTEX ENERGY (VTNR) Downgraded by Zacks to NEUTRAL

Zacks Investment Research downgraded shares of VERTEX ENERGY (VTNR) from OUTPERFORM to NEUTRAL on May 27, 2014, with a target price of $9.50. Vertex Energy Inc, formerly World Waste Technologies Inc, is a development-stage company formed to develop, design, build, own and operate facilities, which employ systems and technologies designed to profitably convert municipal solid waste into usable commodities and products. […]

Upgrades

URANERZ ENERGY (URZ) Upgraded by Zacks to NEUTRAL

Zacks Investment Research upgraded shares of URANERZ ENERGY (URZ) from UNDERPERFORM to NEUTRAL on May 27, 2014, with a target price of $1.40. Uranerz Energy Corporation is engaged in the acquisition, exploration and development of properties in the uranium sector. The Company's goal is to become a producer of uranium which will be utilized as fuel in the world's nuclear electrical generating facilities […]

Upgrades

C&J ENERGY SVCS (CJES) Upgraded by Zacks to OUTPERFORM

Zacks Investment Research upgraded shares of C&J ENERGY SVCS (CJES) from NEUTRAL to OUTPERFORM on May 27, 2014, with a target price of $34.20. C&J Energy Services, Inc. is a provider of hydraulic fracturing and coiled tubing services with a focus on complex, technically demanding well completions […]

Stock Analysts

EU Nod for Eli Lilly/Boehringer’s Jardiance

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

St. Joe Scales New 52-Week High

Shares of The St. Joe Company ( JOE ) reached a new 52-week high, touching $23.75 during the trading session on May 23 after gaining momentum on robust first-quarter 2014 results driven by land sales. […]