Month: January 2015

Companies in the healthcare sector often collaborate for development and commercialization of products or to bring together their expertise, technical knowhow and resources. Oncology major Roche ( RHHBY ) recently announced that it has entered into a strategic collaboration agreement to acquire up to a 56.3% stake in Foundation Medicine, Inc. ( FMI ), a molecular information and genomic analysis company, on a fully diluted basis through a tender and acquisition of newly issued shares […]

This year’s edition of the International Consumer Electronics Show (CES) held in Las Vegas was definitely a treat for all the drone lovers. Drones Here, There, Everywhere! Pink drones, selfie-taking drones, military drones, miniature drones, self-flying drones — the drone zone at the Consumer Electronics Show was as alive as it could possibly be. This year saw over 20 companies showcasing their drones at the convention compared to a mere four last year. […]

SAP SE ( SAP ) recently disclosed its novel application, SAP Assortment Planning for Retail. The application has been designed such that the retailers can efficiently cluster the stores on the basis of selected attributes. This way, they can choose the optimal mix of items in each store cluster, so as to maximize their returns […]

Shares of GameStop Corp. ( GME ) surged 6.5% in yesterday’s extended trading session after the company reported 4.4% growth in comps for December following a 12% dip in November. […]

Developer of continuous glucose monitoring systems, DexCom Inc. ( DXCM ), recently announced preliminary product revenues for fourth quarter and full year 2014. […]

Baltimore-based Legg Mason Inc. ( LM ) reported an increase in its assets under management (“AUM”) as of Dec 31, 2014, as compared with the prior month. […]

On Jan 13, 2015, we issued an updated research report on Sealed Air Corporation ( SEE ). This specialty packaging service provider is likely to benefit from the recent drop in oil prices. […]

HeartWare International, Inc. ( HTWR ) recently announced preliminary top-line results for fourth quarter and full year 2014. […]

Over the past few years, self-checkout transaction systems have experienced a surge in demand. Technology services company, NCR Corporation ( NCR ) recently unveiled a new self-service checkout solution, NCR SelfServ 90. This new offering can be deployed as a free-standing self-checkout kiosk or fitted on a countertop or even fixed on a wall […]

Conifer Health Solutions, a subsidiary of Tenet Healthcare Corp. ( THC ), recently entered into a 10-year contract extension with Catholic Health Initiatives (CHI). The contract extension pertains to the provision of Patient Access, Revenue Integrity and Patient Financial Services to 76 CHI hospitals […]

Fluidigm Corp ( FLDM ) recently announced its preliminary fourth-quarter 2014 revenues. The company estimates revenues to surge 59.8% year over year to almost $33.4 million, which is slightly better than the Zacks Consensus Estimate of $33 million. Organic revenues (excluding revenues from the DVS sciences acquisition made in Jan 2014) are estimated to be $25.2 million, up 20.1% from the year-ago quarter. […]

Eli Lilly and Company ( LLY ) has entered into separate agreements with Merck ( MRK ) and Bristol-Myers Squibb Company ( BMY ) to evaluate its drugs for several oncology indications. Eli Lilly and Bristol-Myers Deal Eli Lilly and Bristol-Myers have collaborated to evaluate the safety, tolerability and preliminary efficacy of Eli Lilly’s galunisertib in combination with Bristol-Myers’ human programmed death receptor-1 (PD-1) blocking antibody, Opdivo. Eli Lilly plans to conduct a phase I/II study, which will evaluate the combination for the treatment of patients suffering from advanced glioblastoma, hepatocellular carcinoma and non-small cell lung cancer (NSCLC). […]

Golden Star Resources Inc. ( GSS ) has announced fourth-quarter and 2014 production results for its Bogoso and Wassa mines. The company’s gold production and sales amounted to 72,085 ounces in 2014, up 19% from the previous quarter […]

The year 2014 was a dynamic one for the aerospace and defense industry. Rising commercial demand along with a rebounding U.S. economy took most of the sting out of the sequester […]

MetLife Inc. ( MET ) has no intention of surrendering to the Financial Stability Oversight Council’s (FSOC) non-bank systemically important financial institution (SIFI) label imposed last month. The insurer giant is suing the regulatory body for putting the company into stressful financial scenarios. […]

On Jan 12, 2014, we issued an updated research report on Cousins Properties Inc. ( CUZ ). The Atlanta, GA-based company, from the REIT-Equity Trust-Others industry, is continuing with its focus on opportunistic investments and acquisition of trophy assets […]

If the courtroom dramas from tech companies in 2014 wasn’t enough, here comes the latest from technology giants Apple Inc. ( AAPL ) and Ericsson. Reportedly, both the companies are at logger heads over a patent royalty dispute. […]

The highly lucrative immuno-oncology market has been the focus area of several big pharma giants over the last couple of years. In 2014, we have seen several immuno-oncology deals. Interest in this filed remains unabated in 2015 with quite a few deals being announced so far this year. […]