Reportedly Google Inc. ’s ( GOOGL ) Gmail has started witnessing some amount of traffic in China after the nation’s censorship mechanism, often referred to as the Great Firewall, pulled the plug on the service. Background Just before the 25th anniversary of Beijing’s suppression of the Tiananmen Square pro-democracy protests, Google came under censorship in China […]
On Dec 31, 2014, Zacks Investment Research upgraded H&E Equipment Services Inc. ( HEES ) to a Zacks Rank #3 (Hold) from a Zacks Rank #4 (Sell). Why the Upgrade? […]
On Dec 31, 2014, we issued an updated research report on Align Technology Inc. ( ALGN ). Align exited third-quarter 2014 on a positive note with both the top and bottom lines sailing past the Zacks Consensus Estimate […]
Tesla Motors, Inc. ( TSLA ) is planning a software update for its dual motor Model S vehicles that will enable torque sleep in the cars. This means that torque sleep will be enabled in one of the drive units when torque is not required […]
Sam’s Club, a subsidiary of retail giant Wal-Mart Stores Inc. ( WMT ), has introduced an exclusive furniture collection called The Black Mountain Collection, designed by author Nicholas Sparks. […]
Coal producer Alpha Natural Resources ( ANR ) announced that its unit AMFIRE Mining Company, LLC has completed the divestiture of most of its assets to Rosebud Mining Company. An agreement was reached between the parties during the third quarter and the deal was completed by 2014 on schedule. The total consideration of the transaction was $86 million including $75 million in cash and the assumption of certain liabilities. […]
On Dec 30, 2014, shares of Time Warner Cable Inc. ( TWC ), the second largest cable multi service operator (MSO) in the U.S., reached a new 52-week high of $155.91. However, the company ended the day’s trading at $154.67. […]
On Dec 30, 2014, we issued an updated research report on Harris Corp. ( HRS ). […]
On Dec 29, we have issued an updated research report on Plains All American Pipeline, L.P. ( PAA ). […]
Dominion Resources, Inc. ( D ) announced on Dec 29, 2014 that it has completed the acquisition of the CID solar facility located in King’s County, CA. Dominion acquired the solar project from EDF Renewable Energy, a leading U.S. […]
OncoGenex Pharmaceuticals, Inc. ( OGXI ) has executed an initial agreement to retrieve all rights pertaining to the late-stage oncology candidate, custirsen, from Teva Pharmaceutical Industries Ltd. ( TEVA ) […]
On Dec 31, 2014, Zacks Investment Research upgraded manufacturer of pressure-sensitive materials, Avery Dennison Corporation ( AVY ), to a Zacks Rank #3 (Hold) from a Zacks Rank #4 (Sell). Why the Upgrade? Shares of Avery Dennison attained a new 52-week high of $52.90 on Dec 29 […]
On Dec 31, 2014, Zacks Investment Research upgraded steel producer, Newmont Mining Corporation ( NEM ), to a Zacks Rank #2 (Buy). Why the Upgrade? Shares of Newmont gained 3.6% yesterday, finally closing at a price of $19.26, mainly driven by a rise in gold prices. […]
On Dec 30, we have issued an updated research report on CenterPoint Energy, Inc. ( CNP ). Systematic investments in organic growth projects along with a stable financial position are expected to boost the company’s future performance […]
ARIAD Pharmaceuticals, Inc. ( ARIA ) announced that it has granted exclusive rights to privately-held pharmaceutical company Angelini Pharma to commercialize Iclusig in Central and Eastern Europe for the indications approved by the European Medicine Agency (EMA). […]
Synthetic Biologics, Inc. ( SYN ) announced the commencement and dosing of the first patient in a randomized, double-blind, placebo-controlled phase Ib study on its oral investigational candidate, SYN-004. The company is evaluating SYN-004 for the prevention of Clostridium difficile infection, antibiotic-associated diarrhea and secondary antibiotic-resistant infections in patients undergoing intravenous (IV) beta-lactam antibiotic therapy. […]
On Dec 26, Zacks Investment Research downgraded Philip Morris International Inc. ( PM ) to a Zacks Rank #5 (Strong Sell) after the company witnessed sharp downward estimate revisions in anticipation of soft fiscal 2014 results scheduled to be reported in Feb 2015. […]
United Airlines, the wholly-owned subsidiary of United Continental Holdings, Inc. ( UAL ), and online travel company Orbitz ( OWW ) have filed a lawsuit against Aktarer Zaman, the 22-year old founder of the travel site, Skiplagged.com. […]
On Dec 30, 2014, shares of Meritor, Inc. ( MTOR ) reached a new 52-week high of $15.43, before eventually closing at $15.39. […]
On Dec 30, 2014, we issued an updated research report on ConocoPhillips ( COP ), a major global exploration and production company. ConocoPhillips has leading positions in both natural gas and heavy crude oil in North America. Moreover, the company holds a legacy position in the North Sea and has a growing exposure to lucrative international regions. […]
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