Month: October 2014

In a bid to meet regulatory requirements that aim for easy resolution at times of crisis, UBS AG ( UBS ) has launched a share-for-share exchange offer for setting up a group holding company – UBS Group AG. The offering will allow the shareholders to exchange their existing shares with the shares of the new holding company on a one-for-one basis. Post transaction, UBS Group AG, which is currently a subsidiary of UBS AG, will emerge as the holding company for UBS AG and its subsidiaries. […]

On Sep 23, 2014, we issued an updated research report on ABB Ltd. ( ABB ), a leading power and automation technology company. The company has been positioning itself to reap benefits from the growing demand and increased spending in the energy sector […]

On Sep 26, 2014 , we issued an updated research report on Companhia Paranaense de Energia ( ELP ) or COPEL. The Brazilian electricity market is the largest in South America. […]

On Sep 24, 2014, we issued an updated research report on SEI Investments Co. ( SEIC ). This Oaks, PA-based asset management company remains focused on improving its top line. […]

Leading radio frequency solutions supplier Anadigics, Inc. ( ANAD ) has recently been shipping loads of production volume of various power amplifiers, developed under its patented InGaP-Plus technology, to several leading manufacturers and small product developers. The supply of these power amplifiers for multiple platforms is a testament to Anadigics' growing expertise in the rapidly expanding cellular and communications technology market. […]

Adding to the woes of Bank of America Corporation ( BAC ), on Monday, the bank was penalized $7.65 million by the Securities and Exchange Commission (SEC) on the conclusion of BofA’s $4 billion accounting error investigation. According to the SEC, lack of record-keeping and internal controls led to the error disclosed in Apr 2014. […]

Abbott Labs ( ABT ) became a diversified medical products company focusing on branded generic pharmaceutical, medical devices, diagnostic and nutritional businesses following the separation of its research-based pharmaceuticals business into a new company, AbbVie Inc. ( ABBV ) in Jan 2013. The company is looking to strengthen its presence in the fast-growing emerging markets to bolster its overall growth through acquisitions and deals. […]

Arthur J. Gallagher & Co. ( AJG ) has been on an acquisition spree in 2014 with the year-to-date takeover tally becoming 37 […]

American International Group Inc. ’s ( AIG ) former CEO, Maurice "Hank" Greenberg has questioned the Federal Reserve about the legitimacy of the $182.3 billion bailout loan granted, along with the 92% ownership in the company, which was at the brink of bankruptcy in Sep 2008. This unique class-action trial is initiated by Starr International Co., the investment and charitable firm run by Greenberg […]

On Sep 26, 2014, we issued an updated research report on Aon Plc ( AON ). The company’s mergers and acquisition (M&A) activities, divestitures and restructuring initiatives position it to generate long-term growth. However, increasing debt levels and an unfavorable impact from foreign currency fluctuations remain headwinds […]

Last week, Questar Fueling Company, an affiliate of the natural gas-focused energy firm Questar Corporation ( STR ), announced the opening of a compressed natural gas (CNG) fueling station in a strategic position in Kansas City, KS. The new fueling station will serve medium and heavy-duty trucks and light-duty natural gas vehicles. The station has six high-speed fueling lanes for the trucking fleet […]