Stock Analysts

SUPERVALU (SVU) Reports Another Data Breach

Grocery retailer SUPERVALU Inc. ( SVU ) reported a second data breach incident at its Albertson stores closely following a similar incident in late July when its customer payment system was hacked. Per management, a criminal intrusion in the company’s computer network was detected which may have led to the loss of some cardholder data from payment cards used at its Shop ’n Save, Shoppers Food & Pharmacy and Cub Foods owned and franchised stores, including some of its standalone liquor stores […]

Mergers & Acquisitions

European Commission Gives Final Approval For Huntsman’s Acquisition Of Rockwood’s Performance Additives And Titanium Dioxide Businesses

European Commission Gives Final Approval For Huntsman’s Acquisition Of Rockwood’s Performance Additives And Titanium Dioxide Businesses PR Newswire THE WOODLANDS, Texas, Sept. 30, 2014 THE WOODLANDS, Texas , Sept. 30, 2014 /PRNewswire/ — Huntsman Corporation (NYSE: HUN) announced today that it has received final clearance and approval from the European Commission to acquire the Performance Additives and Titanium Dioxide businesses of Rockwood Holdings, Inc […]

Stock Analysts

CorMedix Files IND Application for Neutrolin in the US

Investors in the pharma/biotech sector eagerly wait for pipeline updates as they play an important role in deciding whether or not to invest in a particular company. Pipelines are of prime importance as far as pharma/biotech companies are concerned. These companies spend a significant amount in advancing their pipelines […]

Stock Analysts

Preferred Bank Up to Strong Buy on Legacy Issues Resolution

On Sep 30, Zacks Investment Research upgraded Preferred Bank ( PFBC ) to a Zacks Rank #1 (Strong Buy). Why the Upgrade? On Sep 17, California-based Preferred Bank announced the termination of the Memorandum of Understanding (MOU) entered on Oct 1, 2013, on the notification by the Federal Deposit Insurance Corporation (FDIC) and the California Department of Business Oversight (DBO) […]

Mergers & Acquisitions

ClubCorp Completes Sequoia Golf Acquisition, Adds 50 Owned and Operated Clubs to Industry-Leading Portfolio

ClubCorp Completes Sequoia Golf Acquisition, Adds 50 Owned and Operated Clubs to Industry-Leading Portfolio PR Newswire DALLAS, Sept. 30, 2014 DALLAS , Sept. 30, 2014 /PRNewswire/ — ClubCorp – The World Leader in Private Clubs (NYSE: MYCC) – today announced it has completed its acquisition of Atlanta -based Sequoia Golf, adding 50 owned and operated clubs and increasing its portfolio of private clubs by 30 percent […]

Stock Analysts

Regado Trims Workforce, Revamps Strategy on Trial Halt

Shares of Regado Biosciences ( RGDO ) have plummeted almost 60% ever since it announced the permanent termination of the enrollment process for its phase III (REGULATE-PCI) study on Revolixys Kit on Aug 25, 2014 (read more: Regado Slumps on Permanent Termination of Revolixys Study ). The termination of the trial on the company’s lead candidate has left Regado in tatters. The absence of a decent pipeline has made matters worse. […]