Month: October 2014

AbbVie ’s ( ABBV ) key growth engine is Humira. Sales of the company’s flagship product, approved for multiple indications, had increased 10.7% to $10.7 billion in 2013. […]

On Sep 26, we have issued an updated research report on Exelon Corporation ( EXC ). The utility provider’s stable financial position, systematic investments in inorganic and organic growth project, and focus on expanding renewable asset base are expected to drive its forthcoming performance. […]

Regulatory decisions are highly awaited events in the pharma/biotech sector. A positive decision may result in significant stock price appreciation. Earlier in the week, the FDA has approved Salix Pharmaceuticals, Inc […]

Lockheed Martin Corp. ( LMT ) seems to be on a winning spree even in this tight budget environment. […]

Predominantly natural gas producer Ultra Petroleum Corp. ( UPL ) has closed its previously announced acquisition of position in the mature Pinedale acreage from SWEPI L.P. – an affiliate of European oil major Royal Dutch Shell plc ( RDS.A ) […]

Helix Energy Solutions Group, Inc. ( HLX ) announced today that its wholly owned subsidiary, Helix Q5000 Holdings S.A.R.L., has entered into a credit agreement with a syndicated bank lending group for a term loan of up to $250 million. Nordea Bank Finland Plc acted as Lead Arranger and Bookrunner of the new facility. […]

Shares of Honda Motor Co., Ltd. ( HMC ) fell 1.1% on Sep 29, after the automaker reported a 4.7% year over year decline in production in Japan to 59,232 units in Aug 2014, which is in sharp contrast to the 39.4% increase in production in Jan-Aug. Even the worldwide production volume growth slowed down to 1.1%, compared to 8.9% in the first 8 months of 2014. […]

On Sep 26, we issued an updated research report on met coal producer Walter Energy Inc. ( WLT ). Walter Energy like other coal miners is having to deal with the currently soft coal market conditions in the U.S […]

San Ramon, CA-based energy giant Chevron Corp. ( CVX ) has entered into a deal with EnLink Midstream Partners LP ( ENLK ) and EnLink Midstream LLC ( ENLC ). […]

On Sep 30, we issued an updated research report on Private mortgage insurer, MGIC Investment Corp. ( MTG ). MGIC Investment is one of the nation’s oldest private mortgage insurers with insurance in force of $159.3 million. […]

UPS Canada – division of leading freight service provider United Parcel Service, Inc. ( UPS ) – is reportedly expanding its center in Kelowna to address rising customer needs in this region. UPS is well positioned to tap opportunities in this rapidly expanding shipping market […]

Baxter International Inc. ( BAX ) plans to open a new global innovation and research and development (R&D) center for its new spun-off biopharmaceuticals business, Baxalta Incorporated, in Cambridge, MA. Baxter has chosen the Cambridge biotech community for its global innovation and R&D operations. […]

On Sep 30, we issued an updated research report on Harris Corporation ( HRS ). On July 29, 2014, Harris reported fourth-quarter fiscal 2014 financial results with both the top and the bottom line surpassing the respective Zacks Consensus Estimate. Improved foreign defense expenditure, a strong tactical radio order pipeline and growth in the Government Communication segment are likely to act as catalysts for the company moving ahead. […]

Pipeline updates are highly awaited events in the pharmaceutical/biotech sector as they play an important role in deciding whether or not to invest in a particular company. These updates provide information on experimental drugs and at times give an insight into the commercial potential of the candidate once it is successfully developed and commercialized. […]

Increasing appetite for organic products is bringing natural and organic food companies in the limelight, and The Hain Celestial Group, Inc. ( HAIN ) is not any exception. Tapping strategic opportunities, the company constantly endeavors to expand its footprint in organic and natural products and in turn, "Change the Way the World Eats." Hain Celestial’s latest attempt is the acquisition of Tilda Limited, a renowned name in Basmati rice and Rudi's Organic Bakery, one of the leading organic and gluten-free companies […]