Month: August 2014

Leading semiconductor solutions provider Broadcom Corp’s ( BRCM ) high-efficiency video codec (HEVC)-enabled system-on-chip (SoC) technology received a big boost when global telecommunications provider Telefonica selected it to deliver Ultra High Definition (Ultra HD) Internet Protocol Television (IPTV) broadcasts. Broadcom is focused on innovating technologies related to connectivity, bandwidth and content, which enable it to capture a sizeable market share. […]

Ashland Inc. ( ASH ) has landed uncollared accelerated share repurchase (“ASR”) agreements with Deutsche Bank AG ( DB ) and JPMorgan Chase Bank, N.A. […]

In order to strengthen its presence in the New Orleans region, Lamar Advertising Co. ( LAMR ) disclosed the buyout of a regional firm – Marco Outdoor Advertising, Inc. Though it was an all-cash deal, the term details have not been revealed […]

Shares of Target Corp. ( TGT ) dipped 4.4% yesterday as the retail giant made few preliminary announcements on its second-quarter 2014 results, including recording higher expenses and lowering earnings per share outlook. […]

Emergent BioSolutions ( EBS ) is set to report second quarter 2014 results on Aug 7 after the market closes. Last quarter, the company delivered a negative earnings surprise of 17.65%. Let's see how things are shaping up for this announcement […]

News Corporation ( NWSA ), a diversified media and information services conglomerate, is slated to report fourth-quarter fiscal 2014 results on Aug 7. In the last quarter, it posted a positive surprise of 266.7%. Let’s see how things are shaping up for this announcement. […]

Calgon Carbon ’s ( CCC ) fully-owned subsidiar Hyde Marine, Inc. announced that it will adopt B-box – a new ballast water testing system sourced from the Royal Netherlands Institute for Sea Research (“NIOZ”). […]

The Goldman Sachs Group, Inc. ( GS ) and Deutsche Bank AG ( DB ), through their private equity wings, are inching closer to finalizing a deal to acquire the buyout unit of National Bank of Greece SA ( NBG ), per a Bloomberg report. However, no official revelation has been made so far. […]

Ushering in good news for its Brazil business, industrial real estate investment trust (REIT) – Prologis Inc. ( PLD ) – disclosed a deal for pre-leasing a space of 197,000 square feet to a logistics and supply chain solutions company at Prologis CCP Cajamar II, Building 300 in Sao Paulo, Brazil. […]

Per a Fox Business Network report, the dark-pool trading probe has been extended to Morgan Stanley ( MS ) and The Goldman Sachs Group, Inc. ( GS ). […]

Erickson Air-Crane Inc. ( EAC ) is set to release its second-quarter 2014 results before the market opens on Aug 7, 2014. In the last quarter, the company had incurred a loss of 52 cents per share. […]

Huntington Ingalls Industries, Inc. ( HII ), the largest military shipbuilder in the U.S., is set to report its second-quarter 2014 results on Aug 7 before the market opens. […]

The shares of beleaguered retailer, Sears Holdings Corporation ( SHLD ) remained highly volatile throughout yesterday’s trading session due to some positive as well as negative news, which captured market attention. Though the company’s shares opened at a lower price of $37.40, from the previous day’s closing price of $37.69, it soon gained positive momentum after News Corporation’s ( NWSA ) daily newspaper publishing arm, New York Post reported that the struggling retailer may avoid liquidation of its Canadian subsidiary, Sears Canada Inc., as Sycamore Partners is interested in buying the company. […]

We expect Harman International Industries, Incorporated ( HAR ) to beat expectations when it reports fourth-quarter fiscal 2014 results on Aug 7. In the third quarter, the company posted a positive earnings surprise of 12.0%. Moreover, the company has posted an average positive earnings surprise of 10.2% over the past four quarters. […]