Month: December 2014

On Nov 28, we issued an updated research report on Luminex Corporation ( LMNX ). We believe that this Austin, TX-based developer and manufacturer of proprietary biological testing technologies has an interesting product pipeline and will significantly benefit from new products like ARIES and NxTAG. […]

On Nov 28, 2014, shares of General Dynamics Corp. ( GD ) soared to a new 52-week high of $146.13, finally ending the trading session a little lower at $145.36. This defense prime with a market cap of around $48.2 billion has seen its shares rise roughly 52.1% so far this year, outperforming the 11.9% gain of the S&P 500 over the same period. […]

On Nov 28, 2014, shares of CarMax Inc. ( KMX ) reached a 52-week high of $57.28, before eventually closing at $56.98. […]

On Nov 27, 2014, we issued an updated research report on Gentiva Health Services Inc. ( GTIV ). […]

Shares of Celgene Corporation ( CELG ) have been riding high after the company announced that the European Medicines Agency's (EMA) Committee for Medicinal Products for Human Use (CHMP) has rendered a positive opinion for its phosphodiesterase 4 (PDE4) inhibitor, Otezla. Shares of the company hit a 52-week high of $114.50 on Nov 28, eventually closing a little lower at $113.69. […]

General Motors Company ’s ( GM ) Chinese joint venture with SAIC Motor Corp. – Shanghai General Motors Co – will recall 40,496 Buick LaCrosse sedans in China in Mar 2015. […]

DreamWorks Animation SKG Inc. ’s ( DWA ) highly anticipated release, Penguins of Madagascar, garnered roughly $36 million in the U.S. […]

Germany’s Deutsche Lufthansa Aktiengesellschaft ( DLAKY ) continues to be in hot waters with the pilots union (Vereinigung Cockpit) announcing that all pilots of Lufthansa’s short-haul and continental flights will go on a 2-day strike effective today. The pilots arrived at the decision following the fallout of talks with management over early retirement benefits. Per the union, the Germany-wide strike would come into effect from midday (6.00 a.m […]

The Boeing Company ( BA ) has received a $59 million modification contract from the U.S. Department of Defense (“DoD”). Per the contract, Boeing will continue to provide sustainment, programmed depot maintenance, modification and other related support services for the E-4B platform […]

Shares of Kimberly-Clark Corp. ( KMB ) reached a 52-week high of $116.78 on Nov 28, 2014 driven by the recent announcement of a new share buyback program. In fact, shares of this consumer products giant have been rising since the company reported strong third quarter 2014 results on Oct 21. […]

On Nov 28, 2014, shares of Montpelier Re Holdings Ltd . ( MRH ) scaled a 52-week high of $34.55 buoyed by a solid third-quarter earnings beat. With about 0.1 million shares exchanging hands in the last trading session, the stock closed at $34.05 […]

On Nov 28, 2014, shares of The Travelers Companies, Inc . ( TRV ) scaled a 52-week high of $105.07 buoyed by a solid third-quarter earnings beat. With about 0.8 million shares exchanging hands in the last trading session, the stock closed at $104.45, gaining 0.1%. […]

Shares of Apache Corp. ( APA ) plunged over 11% to hit a 52-week low of $63.73 on Nov 28, 2014. The fall came following OPEC’s (Organization of the Petroleum Exporting Countries) decision against production cut. […]

Shares of Kimco Realty Corporation ( KIM ) scaled a new 52-week high of $25.77 on Nov 28. The stock closed at $25.45, reflecting a solid year-to-date return of 32.7%. The trading volume for the session was over 1.7 million shares. […]

California-based global medical device company, Align Technology Inc. ( ALGN ), recently enhanced its chairside computer-aided-design and computer-aided-manufacturing (CAD/CAM) software system, used in the iTero intraoral scanner, by reporting connectivity to the dental solutions of IOS Technologies Inc. This new system will offer clinicians, who choose to provide in-office same-day crowns, inlays, onlays and veneers, access to an extensive spectrum of available CAD/CAM options. […]

Electric utility provider, Edison International ( EIX ) touched a 52-week high of $63.66 per share during the intraday session on Nov 28, 2014. The share price finally closed a tad lower at $63.56 with traded volume of nearly 0.9 million. Over the past year, Edison International shares have seen a steady uptrend with the stock now up nearly 42% in the same period. […]

Close on the heels of the U.S. Federal Trade Commission (FTC) approval attained last week, the European Commission has also cleared Medtronic Inc. ’s ( MDT ) proposed $42.9 billion acquisition of Covidien plc ( COV ), subject to certain conditions […]