Low cost carrier, Southwest Airlines Co. ( LUV ) has ordered 85 split scimitar winglets from Aviation Partners Boeing (APB) that are expected to reduce its fuel consumption and augment the efficiency of its fleet. Notably, the company has been using APB’s blended winglets on its entire 737-800 fleet for the last 10 years. […]
On Jan 2, 2014, we downgraded our recommendation on SK Telecom Co Ltd ( SKM ) to Neutral from Outperform as market saturation continues to affect the company’s wireless business. Why the Downgrade? Despite the surging demand for smartphones, the South Korean mobile market is saturated and SK Telecom is feeling the heat of it. […]
Norwegian oil giant Statoil ASA ( STO ) along with its partners has struck oil and gas in the Askja prospects in the North Sea. The mid-water semisubmersible rig Ocean Vanguard was used to drill two exploration wells – 30/11-9S and 30/11-9A – located between the Oseberg and Frigg fields and about 13 kilometer southeast of the Statoil-operated Krafla/Krafla West discoveries. […]
The largest U.S. defense operator Lockheed Martin Corporation ( LMT ) recently received two contracts from the Department of Defense (DoD). Together these contracts fetched $24.1 million and are part of number of contracts awarded by the DoD on Jan 2 […]
[marketwatch CF432515-2819-4DA8-A810-D27003C328EF] AT&T Goes After T-Mobile Customers, and More […]
[marketwatch CF432515-2819-4DA8-A810-D27003C328EF] AT&T Lures T-Mobile Customers to Switch, and More […]
ESCO Corporation Acquires Stabiltec Downhole Tools PR Newswire PORTLAND, Ore., Jan. 3, 2014 PORTLAND, Ore. , Jan. […]
Former GrowLife President and Co-Founder Kyle Tracey Joins PeopleString/Vape Holdings as Chief Executive Officer Vape to Also Acquire Tracey’s New Ceramic Line PR Newswire WOODLAND HILLS, Calif., Jan. 3, 2014 WOODLAND HILLS, Calif. , Jan. […]
[youtube HIyEyUlVBH0] Watch the full Keiser Report Episode 545 on Saturday! In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the beggar economy in which the biggest pickpockets rule. They look at the London Gold Fix, in particular, where every day for the past more than twenty years, pockets were picked every single day, according to the data. In the second half, Max interviews precious metals expert, James Turk, about his new book, “The Money Bubble,” and about the dollar, gold and Bitcoin. […]
Zacks Investment Research downgraded shares of Rexnord Corporation (RXN) from OUTPERFORM to NEUTRAL on January 03, 2014, with a target price of $28.00. We find Rexnord well positioned to grow its Process & Motion Control and Water Management platforms by leveraging benefits from the increasing backlog in the non-residential construction market in the U.S. […]
Zacks Investment Research downgraded shares of RYLAND GRP INC (RYL) from NEUTRAL to UNDERPERFORM on January 03, 2014, with a target price of $40.70. The Ryland Group, Inc. is a leading national homebuilder and mortgage-related financial services firm […]
Zacks Investment Research downgraded shares of ROYAL BK SC-ADR (RBS) from NEUTRAL to UNDERPERFORM on January 03, 2014, with a target price of $10.60. The Royal Bank of Scotland Group plc is the holding company of one of the world's largest banking and financial services groups, with a market capitalisation of 62.8 billion at the end of 2006. Headquartered in Edinburgh, the Group operates in the UK, US and internationally through its two principal subsidiaries, the Royal Bank and NatWest […]
Zacks Investment Research upgraded shares of ZHONE TECH INC (ZHNE) from NEUTRAL to OUTPERFORM on January 03, 2014, with a target price of $5.90. Zhone Technologies is developing the industry's first complete line of telecommunications infrastructure products for the local access network. Zhone's products bring end-to-end integration and management to the local loop – from the core to the subscriber's premises – making it possible for carriers and service providers to offer a full suite of managed services while optimizing bandwidth, reducing costs, and speeding up provisioning. […]
Zacks Investment Research upgraded shares of DIEBOLD INC (DBD) from NEUTRAL to OUTPERFORM on January 03, 2014, with a target price of $34.80. Diebold Incorporated develops, manufactures, sells and services automated teller machines, electronic and physical security systems, various products used to equip bank facilities, software and integrated systems for global financial and commercial markets. […]
[marketwatch 244825A2-DC4C-4CF5-BD75-EF3D443EB3B2] The Most Hated Buzzwords of 2013 Are… […]
[youtube KeqK-LnpKI0] Chicago-based iiTrader chief market strategist Rich Ilczyszyn checks in with Kitco News to discuss gold’s early year rise. Rich tells Kitco News that despite the early year pop in prices, which isn’t all that surprising, he doesn’t see this price move as a catalyst to $1,500 or $1,600 gold just yet. Rich touches on his outlook for the first “real” week of trading on Jan.6, when trading volumes are expected to return to normal and what direction he expects gold prices to take in early 2014 […]
Bayer ( BAYRY ) had a very successful 2013 driven by its newly launched products. The German company is awaiting several regulatory decisions and pipeline updates in the coming quarters. Of Bayer’s three major segments – HealthCare, Crop Science and Material Science – HealthCare is the primary revenue generator for the company […]
On Jan 2, 2014, we reaffirmed our long-term recommendation on The Macerich Company ( MAC ) at Neutral. The decision reflects the company’s recent deal with Deliv, strong third-quarter performance and an improving balance sheet. […]
Shares of Freeport-McMoRan Copper & Gold Inc. ( FCX ) hit a new 52-week high of $38.09 on Jan 2 and eventually closed at $37.63. Freeport’s shares have recorded a one-year return of roughly 15%. […]
NPS Pharmaceuticals, Inc. ( NPSP ) announced that it has started a 12 week global registration study (n~36) on its sole marketed product Gattex (teduglutide) in pediatrics suffering from short bowel syndrome (SBS). […]
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