Stock Analysts

AZN and Horizon Discovery Ink Deal

AstraZeneca ( AZN ) has entered into a research, collaboration and license agreement with Horizon Discovery to discover and develop new cancer drugs. As per the terms of the agreement, AstraZeneca will make an upfront payment (undisclosed) and milestone payments of up to $88 million, subject to certain conditions, to Horizon Discovery. This is the second deal between AstraZeneca and Horizon Discovery […]

Stock Analysts

Oculus Introduces Two Products

Oculus Innovative Sciences, Inc. ( OCLS ) launched two new Microcyn-based advanced wound care products in the U.S. Oculus’ shares gained around 8.7% on the news to end the trading session on Jan 7 at $3.89. […]

Stock Analysts

Murphy Oil Provides Production Update

Murphy Oil Corporation ( MUR ) has revised its fourth-quarter 2013 production guidance. The company has increased its quarterly production expectation by roughly 3% to about 205 thousand barrels of oil equivalent per day (“mboepd”) from 199 mboepd projected during the third quarter earnings call. The upward revision in guidance was due to the shifting of planned downtime at the Kikeh Floating Production Storage and Offloading (“FPSO”) vessel in Murphy Oil’s Siakap North/Petai project offshore Malaysia to the end of Jan 2014 from early fourth quarter 2013 […]

Mergers & Acquisitions

AccentHealth Grows Point-of-Care TV Network with Acquisition of Caervision’s Asthma and Allergy Network

AccentHealth Grows Point-of-Care TV Network with Acquisition of Caervision’s Asthma and Allergy Network Deal Expands AccentHealth Reach in Key Category PR Newswire NEW YORK, Jan. 8, 2014 NEW YORK , Jan. 8, 2014 /PRNewswire/ — AccentHealth, the leading patient education company at the Point-of-Care, announced today it has purchased the Asthma and Allergy waiting room television network of Caervision Corp. […]

Stock Analysts

Abraxas Operational Update

Upstream operator, Abraxas Petroleum Corp ( AXAS ) recently provided an update on the production status of its Williston, Permian and Eagle Ford properties, reporting strong production output. Williston Basin The company reported strong well results from the Lillibridge West pad. In McKenzie County, North Dakota, the Lillibridge 5H and Lillibridge 7H, producing from Middle Bakken, yielded 1,049 and 1,005 barrels of oil per day (boepd) respectively, in the first 30-days of production. […]

Stock Analysts

Orange Snaps Up Atheos

Orange Business Services (“OBS”), a subsidiary of Orange ( ORAN ), has beefed up its enterprise security service market share with the buyout of cyber defence company Atheos, for an undisclosed sum. The French incumbent claims that the acquisition will make it the numero uno player in Europe’s cyber defence sector. The acquisition will give Orange leverage in network access control, data loss prevention and on-site crisis management, thus allowing it to offer multidimensional security for its clients […]

Stock Analysts

Evenly Poised on Cabot

On Jan 6, 2014, we retained our Neutral recommendation on domestic energy explorer Cabot Oil & Gas Corp. ( COG ). Our investment thesis is supported by a Zacks Rank #3 (Hold) […]

Mergers & Acquisitions

BV Investment Partners’ PetroSkills Acquires Resource Development Company

BV Investment Partners’ PetroSkills Acquires Resource Development Company PR Newswire BOSTON, Jan. 8, 2014 BOSTON , Jan. 8, 2014 /PRNewswire/ — BV Investment Partners (“BV”), a middle-market private equity firm investing in the information and business services and communications sectors, today announced that its Fund VII portfolio company, PetroSkills, a leading provider of competency-based training, software and information solutions for energy companies worldwide, has acquired Resource Development Company, LLC (“RDC”), a leading provider of e-Learning content and software to the petroleum industry […]

Upgrades

YPF SA D CV ADR (YPF) Upgraded by Zacks to OUTPERFORM

Zacks Investment Research upgraded shares of YPF SA D CV ADR (YPF) from NEUTRAL to OUTPERFORM on January 08, 2014, with a target price of $35.00. YPF Sociedad Anonima is an international energy company, based on the integrated business of hydrocarbons, focalized in Latin America, with high standards of efficiency, profitability and responsibility. They have a dominant position in Argentina's exploration, production, refining and marketing sectors, as well as a growing presence in petrochemicals […]