Year: 2014

Ford Motor Co. ( F ) and AccuWeather announced that they have joined forces to incorporate one of the country’s leading weather apps – AccuWeather MinuteCast – to the automaker’s in-car connectivity system, Ford SYNC AppLink. The MinuteCast technology will provide customers with the latest weather information on the road […]

Defense major, Lockheed Martin Corp. ( LMT ) won a modification contract worth $67.8 million from the U.S. […]

On Dec 26, 2014, we issued an updated research report on Autoliv, Inc. ( ALV ). […]

Lebanon, Ohio-based LCNB Corp. ( LCNB ) has inked a stock plus cash deal to acquire BNB Bancorp, Inc (‘BNBK’). […]

On Dec 30, 2014, Zacks Investment Research upgraded RTI Surgical Inc. ( RTIX ) to a Zacks Rank #1 (Strong Buy). Why the Upgrade? […]

The world’s second-largest home improvement retailer, Lowe’s Companies, Inc. ( LOW ), remains well positioned to benefit from its housing market recovery and merchandising initiatives. […]

Vertex Pharmaceuticals Incorporated ( VRTX ) received good news when the FDA approved its supplemental new drug application for its cystic fibrosis (CF) drug Kalydeco. Kalydeco has now been approved for use in patients suffering from CF aged six years and above with an R117H mutation in the cystic fibrosis transmembrane conductance regulator (CFTR) gene. […]

On Dec 30, 2014, Zacks Investment Research upgraded The Goodyear Tire & Rubber Company ( GT ) to a Zacks Rank #1 (Strong Buy). Why the Upgrade? […]

Shareholders of suburban Chicago-based Walgreen Co. ( WAG ), commonly known as Walgreens, has finally approved its acquisition of the remaining 55% of its European counterpart Alliance Boots GmbH, with the subsequent reorganization of the company into a holding company structure. During the process, approximately 97% of the investors cast their votes in favor of the reorganization proposal while 97% of the votes cast came in favor of the share issuance proposal. […]

Dallas-based Southwest Airlines Co. ( LUV ), which purchased AirTran Airways in 2011, has nearly completed the integration process with the departure of the latter’s final flight (Flight 1) from Atlanta to Tampa, FL. […]

Gannett Co., Inc. ( GCI ) recently announced that it has offloaded Gannett Healthcare Group (“GHG”) for an undisclosed amount. […]

On Dec 30, 2014, Zacks Investment Research downgraded leading global wireless communications tower operator American Tower Corporation ( AMT ) by a notch to a Zacks Rank #4 (Sell). After registering positive earnings surprises of 4.1% and 11.5% in the first and second quarters of 2014, American Tower witnessed a negative earnings surprise of 10.7% in the third quarter that hurt investors’ sentiment and the analysts covering the stock took a cautious view on the stock’s future performance. […]

Canadian Solar Solutions Inc., a subsidiary of Canadian Solar Inc. ( CSIQ ), sold its 10-megawatt (MW) alternating current (AC) Liskeard 1 solar power facility to TransCanada Corporation ( TRP ) in a transaction valued at $52 million (C$60 million). Canadian Solar Solutions had installed the MaxPower CS6X-P modules at the New Liskeard, Ontario-based Liskeard 1 solar farm […]

Zacks Investment Research downgraded Herbalife Ltd. ( HLF ) to a Zacks Rank #5 (Strong Sell) on Dec 30 due to downward estimates revision resulting from lower-than-expected third quarter 2014 results reported on Nov 3. […]

Ignyta, Inc. ’s ( RXDX ) lead candidate, entrectinib (RXDX-101), has received orphan drug status as well as rare pediatric disease designation from the FDA for the treatment of neuroblastoma. Entrectinib is currently being evaluated in two phase I/II studies – STARTRK-1 and ALKA-372-001. […]

Shares of Watsco, Inc. ( WSO ) scaled a new 52-week high of $108.40 on Dec 29 before closing at $108.20. The new high came on the back of benefits expected from demand in the replacement market, strategic acquisitions, expansion of its product offerings and productivity improvement. […]