Month: May 2014

Aerospace giant The Boeing Company ( BA ) sealed an order for the delivery of 8 Next-Generation 737-800s and 7 737 MAX 8s to Thailand’s Nok Airlines Public Company (Nok Air). Nok Air also plans to convert one of the 737-800s into a 737 Max. The deal initially announced at the Singapore Air Show in Feb 2014 is priced at $1.45 billion […]

American Realty Capital Properties, Inc. ( ARCP ) has penned a deal with the affiliates of The Blackstone Group L.P. ( BX ) to vend a large part of its multi-tenant shopping center portfolio for $1.975 billion in cash […]

Sears Holdings Corporation ( SHLD ) is finding it increasingly difficult to stabilize as it is continues to grapple with a deteriorating top and bottom line. The beleaguered retailer delivered a huge loss for the first quarter of fiscal 2014 today morning as it failed to draw in customers despite giving huge discounts on merchandise. The company’s first quarter adjusted loss widened to $2.24 per share compared with a loss of $1.36 in the year-ago comparable quarter. […]

Honeywell International Inc ( HON ) recently launched a campus-wide energy retrofit project for Coe College in Cedar Rapids, IA, for $3.45 million to help the college achieve its energy efficiency targets. The college will fund the project with a loan issued by the Iowa Economic Development Authority (IEDA), which helps colleges by providing funds for energy improvements. The construction is expected to begin in May with completion expected within a year. […]

Leading semiconductor solutions provider Broadcom Corporation ( BRCM ) recently introduced two new Bluetooth smart systems-on-a-chips (SoCs) named BCM20734 and BCM20738 for peripheral devices. As a leading player in the industry, Broadcom is committed to support customer requirements with home entertainment and mobile computing technology. […]

Several pharma/biotech companies collaborate for the development and commercialization of products. These collaborations make sense as they allow the companies to bring together their expertise, technical knowhow and resources. Where financial terms are concerned, these agreements are typically structured to include an upfront payment and additional payments on the achievement of milestones besides royalties. […]

American Water Works Company, Inc. ( AWK ) continues with its strategic acquisition program. […]

If you are a retailer and want success in this era of technology, then look beyond the multi channel concept and embrace the omni-channel model. At least, the success stories from retailers around the world give us the impression that this red-hot model is the new trump card in the retail world. But what exactly is this omni-channel method? […]

Industrial real estate investment trust – Prologis, Inc. ( PLD ) – announced its sole sponsorship of FIBRA Prologis, a real estate investment trust in Mexico. The move would serve as a long-term investment vehicle for the company and help it to leverage on the growing market for logistics and manufacturing facilities in Mexico […]

Solar photovoltaic (“PV”) module manufacturer Trina Solar Ltd. ( TSL ) reported earnings of 37 cents per American Depository Shares (ADS) in the first quarter of 2014 as against a loss of 90 cents per ADS in the year-ago quarter. The bottom line beat the Zacks Consensus Estimate by a whopping 3700.0%. […]

Share price of Eaton Vance Corp. ( EV ) increased nearly 6% on Wednesday following its second-quarter fiscal 2014 adjusted earnings (ended Apr 30) of 59 cents per share, which surpassed the Zacks Consensus Estimate of 56 cents. […]