Month: August 2014

General Electric Company's ( GE ) distributed power business recently announced the supply of three 25-megawatt (MW) TM2500+ aeroderivative gas turbines to GEL Utility Limited in Nigeria. GEL Utility Limited, a part of Genesis Electricity, will utilize the engines for the Nigerian National Petroleum Corporation’s (NNPC) state oil refinery at Port Harcourt. General Electric’s sales and project finance group will arrange the financing for the project […]

CareFusion Corporation ( CFN ) is set to release its fourth quarter and fiscal 2014 results on Aug 7, after the closing bell. In the last quarter, the company posted a negative earnings surprise of 4.76%. Let’s see how things are shaping up for this announcement […]

Chemical maker FMC Corporation ( FMC ) has landed a technical development and distribution deal with leading soil and plant health technology solutions provider – Actagro LLC. Under the deal, FMC Corp. will be the exclusive marketer and distributor of Actagro organic acid-based soil and plant health nutritional products in Asia-Pacific […]

The outbreak of the deadly and highly infectious Ebola disease in Africa has already claimed multiple lives. According to media reports many health workers including doctors and nurses have also fallen a prey to the worst outbreak of the disease. According to the World Health Organization (WHO), the disease first surfaced in 1976. […]

Leading contract drilling company, Noble Corporation ( NE ) declared that the spin-off of Paragon Offshore plc, its fully owned affiliate, has finally reached completion. Regular-way trading of the ordinary shares of Paragon Offshore – which is listed on the New York Stock Exchange (NYSE) under the symbol PGN − started yesterday. The holders of Noble Corporation’s ordinary shares got 84,753,393 Paragon Offshore ordinary shares on a pro-rata distribution basis […]

UTC Aerospace Systems, a unit of diversified conglomerate United Technologies Corp. ( UTX ), won a contract extension from The Boeing Company ( BA ) to design and manufacture nacelle systems for the 787 Dreamliner commercial jets. UTC Aerospace also signed a Comprehensive Accessory Repair and Exchange (C.A.R.E.) program agreement for the Dreamliner fleet of Scoot Pte […]

Independent oil and gas company, Chesapeake Energy Corporation ( CHK ) is set to release second-quarter 2014 financial numbers before the opening bell on Aug 6, 2014. Let's see how things are shaping up prior to the announcement. In the last quarter, the company's earnings of 59 cents per share almost doubled year over year from 30 cents and surpassed the Zacks Consensus Estimate of 47 cents […]

Both The Walt Disney Company ( DIS ) and Groupon ( GRPN ) reported quarterly earnings after the bell Tuesday, and the two vastly different entertainment companies produced vastly different results. While the film and TV conglomerate beat estimates on both the top and bottom lines, the daily deals Internet firm missed on sales and guided lower. […]

In a bid to expand the discovery and development of RNA-targeting medicines, Roche ( RHHBY ) announced that it has entered into an agreement to acquire Denmark-based privately-held biopharmaceutical company Santaris Pharma. Roche will make an upfront cash payment of $250 million to shareholders of Santaris Pharma along with milestone payments of $200 million. […]

AbbVie ’s ( ABBV ) oncology candidate ABT-414 received orphan drug status in the U.S. and the EU for the treatment of glioblastoma multiforme. AbbVie is developing ABT-414 with certain components in-licensed from Life Science Pharmaceuticals, Inc […]

The Dow Chemical Company ’s ( DOW ) business unit Dow Microbial Control recently revealed that fresh studies have further underscored the efficiency of the Dow Advanced Oxidation System (AOS) Certified Whole Room Sanitization (WRS) technology. This technology provides microbial control for food processing and packaging environments. The technology provides sustainable sanitization solutions and is capable of decreasing and controlling pathogens both on surface and air […]

Zynga Inc. ( ZNGA ) is set to report second-quarter 2014 results on Aug 7. […]

Staffing and outsourcing services provider Kelly Services, Inc. ( KELYA ) is scheduled to report its second-quarter 2014 results before the opening bell on Aug 6. In the last reported quarter, Kelly recorded phenomenal results with an 800% earnings surprise. […]

UBS AG ( UBS ) through its asset management wing – UBS Global Asset Management – entered into a global infrastructure partnership with U.S.-based CalPERS (The California Public Employees' Retirement System). The partnership deal has been struck at $500 million. […]

Lions Gate Entertainment Corp. ( LGF ) is set to report its first-quarter fiscal 2015 results on Aug 7, 2014. […]

We expect Time Warner Inc. ( TWX ), a media and entertainment company, to beat expectations when it reports second-quarter 2014 results on Aug 6. In the last quarter, it posted a positive surprise of 3.4%. […]

GW Pharmaceuticals ( GWPH ) is scheduled to report third-quarter fiscal 2014 results on Aug 6. Last quarter, the company posted a positive surprise of 263.33%. Let’s see how things are shaping up for this announcement […]

We expect Cognizant Technology Solutions Corp. ( CTSH ) to beat expectations when it reports second-quarter 2014 results on Aug 6. Why a Likely Positive Surprise […]