Stock Analysts

MagnaChip Inks Research Pact to Make Magnetic Bio-Sensors

Semiconductor maker MagnaChip Semiconductor Corporation ( MX ) inked a research pact with two of the world’s best bio-sensor research teams to apply its revolutionary 0.18 micron mixed-signal technology for developing cost-effective magnetic bio-sensors. The collaboration includes teams from the Massachusetts General Hospital, spearheaded by Hakho Lee, PhD, and Pohang University of Science and Technology’s Analog IC Systems Lab, led by Prof Jae-Yoon Sim. The teams will focus on developing cutting-edge, cost-efficient silicon magnetic bio-sensor technology that will be able to examine extremely rare cells in the blood […]

Stock Analysts

Valley National to Sell Branch & Prepay Long-term Debt

With an aim to consolidate branches across its footprints, Valley National Bancorp ( VLY ) has announced the sale of its branch located at 62nd West 47th Street in Manhattan. The company plans to re-locate this branch in the same area in 2015. Notably, with this branch sale, Wayne, NJ-based Valley National will record a pre-tax gain of $17.8 million in fourth-quarter 2014.The company intends to utilize the proceeds for absorbing expenses related to prepayment of some higher-cost long-term debts with contractual maturity dates in late 2015 […]

Economic Data

News Items for a Quiet Week – Ahead of Wall Street

Tuesday, December 30, 2014 (This is Mark Vickery covering for Sheraz Mian, who is off this week.) This morning, among a rather scant market-centric news week — at least until Friday, when Zacks Strategist John Blank indicates we’ll be seeing “PMI readings galore” — the Case-Shiller home price data report has come out, which points to relative strength within the largest 10 and 20 housing markets in the U.S. Results were lower than the 4.7% year-over-year increase expected. […]

Economic Data

Markets Need Catalyst – Economic Highlights

This morning, among a rather scant market-centric news week — at least until Friday, when Zacks Strategist John Blank indicates we’ll be seeing “PMI readings galore” — the Case-Shiller home price data report has come out, which points to relative strength within the largest 10 and 20 housing markets in the U.S. Results were lower than the 4.7% year-over-year increase expected. Case-Shiller's 10-city read of 4.4% and 20-city 4.5% number were both down 0.1% from September's reads. […]

Stock Analysts

WPP’s Ogilvy Chosen Global Media Agency by Brand USA

Ogilvy Public Relations (Ogilvy PR), a unit of Ogilvy & Mather, which is a subsidiary of WPP plc ( WPPGY ) was recently selected as the global media relations agency of record by Brand USA – the official public-private partnership promoting international tourism to the United States. Since Dec 2013, Ogilvy PR has been operating as Brand USA's media relations partner. The recent tie-up completed though a competitive RFP (request for proposal) process has further strengthened Ogilvy PR’s long-term partnership with Brand USA […]

Stock Analysts

Top 3 Semiconductor Stocks of 2014

Semiconductors form the basis of virtually all other technology-based devices. The industry therefore drives, enables and indicates the technological progress of an economy. Developments in the industry determine the way we work, commute, communicate, entertain ourselves and respond to our environment. […]

Stock Analysts

Fluidigm’s Single-Cell Workflow to Advance Cancer Research

Developer and seller of microfluidic systems, Fluidigm Corp ( FLDM ) recently announced a new single-cell application for its C1 system, which improves whole genome sequencing of individual cells. Whole genome sequencing is a laboratory process used to determine the complete DNA sequence of an organism's genome at a single time. The new application will empower cancer researchers to predict cancer susceptibility, metastasis, and therapeutic efficacy by discovering and defining specific mutation profiles in complex cell populations […]

Stock Analysts

Ericsson to Enhance China Mobile Hong Kong’s Network

Ericsson ( ERIC ) was selected as the exclusive supplier of advanced converged LTE (Long-Term Evolution) FDD/TDD and Evolved Packet Core network capabilities by China Mobile Hong Kong, one of Hong Kong`s dominant mobile operators. The enhancements will further improve user experience and optimize network operations, thus benefiting the subscribers of the operator. The deal also entails Ericsson to develop China Mobile Hong Kong’s commercial LTE network with TD-LTE (LTE TDD) in Hong Kong […]