Year: 2014

On Dec 24, 2014, shares of Rockwell Collins Inc. ( COL ) soared to a new 52-week high of $86.57, finally ending the trading session a tad lower at $86.16. This defense prime, with a market cap of around $11.45 billion, has seen its shares surge roughly 16.37% in the last 52 weeks, outperforming the 13.02% gain of the S&P 500 over the same period. […]

This past year has been a solid one for initial public offerings and the total amount raised topped 2013 levels by 49%. Of the $204.8 billion raised in 2014, U.S. markets accounted for 39% with the Alibaba ( BABA ) IPO being the biggest […]

On Dec 23, 2014, we issued an updated research report on Federal Realty Investment Trust ( FRT ). The Rockville, MD-based retail real estate investment trust (“REIT”) is continuing with its strategy of expanding into premier markets. The company’s decent balance sheet position and ample liquidity have helped it capitalize on expansion opportunities […]

Enbridge Energy Partners L.P. ( EEP ) announced that an agreement has been reached on the terms of the drop down to the of the remaining 66.7% interest in the U.S. segment of the Alberta Clipper Pipeline from its general partner Enbridge Inc. […]

Out-licencing deals are common in the larger healthcare sector. Earlier in the week, we saw BioLineRx Ltd. ( BLRX ) out-licencing its skin lesion treatment candidate, BL-5010, in Europe, Australia and additional countries to a Belgium based over-the-counter (OTC) healthcare company, Omega Pharma. […]

Ushering positive news for its New Jersey platform, Mack-Cali Realty Corporation ( CLI ) announced the signing of a new 20-year lease deal with the New Jersey City University for a 68,348-square-feet space at Harborside Plaza 2 in Jersey City, NJ. On Dec 23, 2014, the company revealed that this building, located on the Jersey City Waterfront, is currently undergoing major renovations. […]

Citi Trends Inc . ( CTRN ), a leading value-priced retailer of urban fashion apparel and accessories, with its strategic initiatives, such as better utilization of floor area, improvisation of merchandise margins and efficient inventory management, has made a significant turnaround in its operating performance. […]

On Dec 24, Zacks Investment Research upgraded United Continental Holdings Inc. ( UAL ), the parent company of United Airlines, to a Zacks Rank #2 (Buy). Why the Upgrade? […]

U.K. supermajor BP plc ( BP ) has entered into negotiations with Russian oil giant OAO Rosneft to gain a foothold in an Eastern Siberian oil field. The company is optimistic about the Taas-Yuriakh field which it believes as holding large petroleum reserves. […]

Roche ( RHHBY ) announced that the FDA has approved a supplemental biologics license application (sBLA) for its blood cancer drug, Gazyva in combination with chlorambucil chemotherapy in patients suffering from treatment-naïve chronic lymphocytic leukemia (CLL). The approval of the sBLA adds positive data from stage II of the CLL11 study to its label, wherein it was observed that Gazyva plus chlorambucil showed significant improvement across multiple clinical endpoints when compared head-to-head with Rituxan plus chlorambucil. […]

Houston-based Southwestern Energy Company ’s ( SWN ) share price surprised with a fall of 1.6% following the news that the company has inked a purchase and sale agreement for an undivided 20% of Statoil ASA's ( STO ) ownership in oil and gas assets in West Virginia and southwest Pennsylvania. Subject to adjustments, the purchase price has been fixed at $394 million. This announcement comes a day after the company closed a nearly $4.98 billion deal to acquire Oklahoma City-based Chesapeake Energy Corp.’s ( CHK ) interest in 413,000 acres in the Marcellus and Utica shale plays. […]

Canada’s largest cable MSO and wireless operator – Rogers Communications Inc. ( RCI ) and the country’s leading telephone operator – BCE Inc. ( BCE ) have reached an agreement to jointly own Canadian retailer, Glentel Inc. […]

Christmas has brought good tidings for low-cost airline Virgin America Inc. ( VA ). Shares of the company climbed 14.49% to close the trading session on Dec 24 at $41.00 […]

On Dec 24, Zacks Investment Research upgraded Align Technology ( ALGN ) to a Zacks Rank #2 (Buy). Why the Upgrade? Align posted a stellar third-quarter 2014 with the company beating the Zacks Consensus Estimate on both lines. […]

On Dec 19, 2014, we issued an updated research report on blood management solutions provider, Haemonetics Corporation ( HAE ). We are disappointed with Haemonetics’ second-quarter fiscal 2015 performance. However, a factor that lends optimism is the company’s expectation of profitable growth in plasma, Thrombelastograph Hemostasis Analyzer (TEG) and emerging markets through the rest of fiscal 2015. […]

Amazon.com Inc. ’s ( AMZN ) film production division, Amazon Studios, released its original dramatic comedy TV series — Mozart in the Jungle — on Prime Instant Video in the U.S., U.K. and Germany. […]

On Dec 24, 2014, shares of Genuine Parts Company ( GPC ) reached a 52-week high of $108.11, before eventually closing at $107.62. The closing price represents a year-to-date return of 34.8%. Share Price Drivers Increase in the miles driven by Americans due to declining gas price is giving a boost to auto parts retailers and suppliers including Genuine Parts. […]

Shares of Amira Nature Foods Ltd. ( ANFI ) surged more than 30% on Wednesday as the Dubai-based provider of packaged Indian specialty rice increased its revenue and EBITDA guidance for fiscal 2015. Currently, the company expects both revenues and adjusted EBITDA to grow more than 25% in fiscal 2015 […]