Year: 2014

Roche ( RHHBY ) announced that the FDA has granted Emergency Use Authorization for the LightMix Ebola Zaire rRT-PCR Test. The test is allowed for use in patients showing signs and symptoms of Ebola Zaire virus infection in combination with epidemiological risk factors, such as individuals traveling from West Africa. The test is able to detect the Ebola Zaire virus in whole blood samples using the large installed base of Roche's LightCycler 480 or cobas z 480 instruments […]

Aqua Pennsylvania, Inc., an operating subsidiary of Aqua America Inc. ( WTR ), announced that it has concluded its 2014 capital investment program worth $217 million. Around $200 million of this amount was utilized throughout the year to upgrade its distribution and collection infrastructure, and treatment facilities. […]

Raytheon Technical Services Co., LLC, (“RTSC”) a unit of Raytheon Company ( RTN ) has received a contract worth $270.5 million from the U.S. Department of Defense (“DoD”). Per the contract, Raytheon will provide the DoD with V-22 software support activity (“SSA”) systems and software engineering along with other services like software testing, avionics integration and testing, and SSA operations. […]

Norwegian energy giant Statoil ASA ’s ( STO ) share price rose by nearly 1% on the announcement that it has discovered oil at its wildcat well 30/11-10 in the North Sea. The development was reported by the Norwegian Petroleum Directorate (NPD). However, later the share price dropped over three consecutive sessions, finally closing at $17.83 per share on Dec 29, 2014 […]

Shares of leading fashion specialty retailer, Nordstrom Inc. ( JWN ), have been gaining traction, backed by its store-growth initiatives, flourishing customer strategy reflecting growth across channels and its latest Trunk Club acquisition bearing fruit. […]

On Dec 30, we issued an updated research report on Qiagen N.V. ( QGEN ), a leading provider of technologies and products for the separation, purification, and handling of nucleic acids DNA/RNA. Qiagen has once again posted in-line third-quarter 2014 results. […]

On Dec 29, we issued an updated research report on Cyberonics Inc. ( CYBX ), a medical technology company with core expertise in neuromodulation. Cyberonics posted a mixed second quarter fiscal 2015. […]

In an attempt to strengthen its foothold in the virology market, molecular diagnostics corporation Cepheid ( CPHD ), together with the not-for-profit organization – Foundation for Innovative New Diagnostics (FIND), has reported the receipt of CE-IVD status for its in vitro diagnostic test – Xpert HIV-1 Viral Load, in Europe. Acquired Immunodeficiency Syndrome, more commonly known as AIDS, is caused by a pathogen named Human Immunodeficiency Virus (HIV) which damages the body's immune system cells. […]

Famous Dave's of America Inc. ( DAVE ) announced the closure of three of its restaurants in Richmond, VA. The closures of the restaurants in the Richmond area are part of Famous Dave’s’ strategic financial re-evaluation, intended to boost its long-term performance. […]

Sony Corporation ( SNE ) recently announced in its company blog, that its PlayStation Network (“PSN”) is now finally online after a three-day outage following a hack attack. PSN had been down since Dec 25, when a group of hackers attacked the network by artificially creating high levels of traffic. This resulted in connectivity disturbance for the online gamers and in their peak holiday season. […]

V.F. Corporation ( VFC ) is making significant progress with its various growth initiatives. The company seems to be well on track as its solid brand portfolio, expansion strategies and earnings results have been driving it forward. […]

On Dec 30, 2014, Zacks Investment Research upgraded Allegheny Technologies Inc. ( ATI ) to a Zacks Rank #3 (Hold) from a Zacks Rank #4 (Sell). […]

Ryder System Inc. ( R ) – one of the world's largest providers of integrated logistics and transportation solutions – recently teamed up with Language Select – a telephone interpretation service provider – to offer improved communications service to its pre-owned vehicle customers in more than 200 languages. Notably, Ryder is the first commercial fleet management company to launch such a service. […]

On Dec 23, 2014, Zacks Investment Research downgraded SunEdison Inc. ( SUNE ) to a Zacks Rank #5 (Strong Sell). […]

Independent natural gas operator, Southwestern Energy Company ( SWN ) announced its total capital investment program for 2015 of approximately $2.6 billion, compared to a projected $2.4 billion capital program in 2014. The company also announced its target for total net gas and oil production of 970–980 billion cubic feet equivalent (Bcfe) for 2015, up from the company's current production projection of 758–764 Bcfe for 2014. Assuming a NYMEX commodity price of $4.00 per million cubic feet (Mcf) of gas and $80.00 per barrels of oil for 2015, the company projects full-year 2015 net income of $690 million to $710 million. […]