Year: 2014

Dow Chemical ’s ( DOW ) wholly-owned unit – Dow AgroSciences LLC – reported that the U.S. Department of Agriculture (USDA) has concluded the Draft Environmental Impact Statement (DEIS) for its Enlist corn and soybean and Enlist E3 soybean traits and will see the review process to move ahead. The USDA, in the DEIS, recommended full deregulation (as the “Preferred Alternative”) for all three genetically-engineered (GE), 2,4-D herbicide-resistant Enlist corn and soybean traits […]

To shift its focus from the near-saturated developed markets, Chicago, IL-based leading global hotel chain Hyatt Hotels Corp. ( H ) is currently focusing on the faster growing Asia-Pacific region to benefit from the region’s rising demand for hotels. The company currently operates more than 50 hotels in this region […]

Pipeline updates are highly awaited events in the pharma/biotech sector as they play an important role in deciding whether or not to invest in a particular company. These updates provide information on experimental drugs and at times provide an insight into the commercial potential of the candidate once it is successfully developed and commercialized. Last week, Intercept Pharmaceuticals, Inc. […]

In a bid to grow further, several U.S.-based restaurateurs are focusing on unit expansion. Greenwood Village, Colo.-based casual dining restaurateur, Red Robin Gourmet Burgers Inc. […]

Shares of silver mining company Silver Standard Resources Inc. ( SSRI ) rose 3.3% during the trading session following the news of the of the completion of sale of its San Agustin project in Durango, Mexico, to U.S.-based Argonaut Gold Inc. for an aggregate consideration of roughly $75 million […]

Corning Inc ( GLW ) recently announced that it has a new manufacturing process in place to mold its shatter-resistant smartphone glass covers. These covers can be molded into three-dimensional shapes, which will allow device makers to try new options while designing their products. Corning, which considers Apple ( AAPL ) and Samsung Electronics to be the major consumers of its Gorilla Glass, is collaborating with Taiwan-based G-Tech Optoelectronics Corp […]

On Jan 3, 2014, we maintained our recommendation on Actuant Corporation ( ATU ) at Neutral. Despite an increase in sales, reduction in margins is a matter of concern and thus largely led to our Neutral recommendation. Why the Reiteration? […]

In its weekly release, Houston-based oilfield services company Baker Hughes Inc. ( BHI ) reported a dip in the U.S. […]

Last week saw Apple ( AAPL ) and Facebook ( FB ) lose some ground, with Intel ( INTC ) remaining notably resilient. iPad Excitement Falls Flat A recent report by Chitika Insights indicates that Apple’s iPad lost market share to its smaller rivals during the Christmas season in the U.S. and Canada […]

Enterprise Products Partners L.P. ( EPD ) announced the commencement of transportation services to shippers which supported its Mid-America Pipeline Rocky Mountain expansion project through long-term agreements. […]

Shares of BioCryst Pharmaceuticals, Inc. ( BCRX ) reached a 52-week high of $8.60 during the first half of the trading session on Jan 3, 2014. […]

The aerospace behemoth The Boeing Co. ( BA ) successfully resolved a crucial labor conflict by signing a deal with the members of the International Association of Machinists and Aerospace Workers last Friday, Jan 3, 2014, related to its new 777X aircraft production. With a 51% vote, the workers grudgingly approved of an eight-year contract extension that assures production of Boeing’s 777X aircraft in the Puget Sound area […]