Month: January 2015

Host Hotels & Resorts Inc. ( HST ), in association with Kokua Hospitality, LLC, is transforming the San Francisco-based The Powell Hotel and renaming the property as Axiom Hotel. The company had purchased Powell Hotel in early 2014 […]

Roche ( RHHBY ) and personal genetics company 23andMe, Inc. announced an agreement to make breakthroughs in therapeutic research and treatment for Parkinson's disease. Both the companies will collaborate to generate whole genome sequencing data for approximately 3,000 patients in 23andMe's disease community suffering from Parkinson’s disease […]

On Jan 7, we issued an updated research report on the U.S. health insurer Aetna Inc. ( AET ) […]

Shares of AmTrust Financial Services, Inc . ( AFSI ) gained 0.04% in the after-market trading session after the property and casualty insurer announced a couple of acquisitions. […]

On Jan 7, Zacks Investment Research downgraded oil drilling equipment maker Cameron International Corp. ( CAM ) to a Zacks Rank #5 (Strong Sell). Why the Downgrade […]

Watsco Inc. ( WSO ) has announced its decision to hike quarterly dividend by 17% to 70 cents per share from 60 cents. […]

Facebook ’s ( FB ) flagship mobile messaging service, WhatsApp, reportedly touched the 700 million monthly active user mark — a significant improvement from 600 million in August last year. Currently, WhatsApp is one of the premier mobile messaging services, reflecting a massive monetization opportunity for Facebook. […]

Cantel Medical Corp ( CMN ) is presently focusing on growing inorganically. As part of its strategy, the company recently acquired water purification and treatment service provider Pure Water Solutions for $11.9 million in cash. The deal is expected to prove slightly accretive to Cantel Medical’s fiscal 2015 non-GAAP earnings and fiscal 2016 results. […]

CytRx Corporation ( CYTR ) jumped 15.8% after announcing encouraging interim results from a phase II study on aldoxorubicin. The candidate is being developed for the treatment of unresectable glioblastoma multiforme (GBM). The open-label, multisite study will be evaluating the preliminary efficacy and safety of the candidate in patients whose tumors have progressed even after treatment with surgery, radiation and Merck & Co. […]

China's primary offshore oil company China National Offshore Oil Corp. ( CEO ), also known as CNOOC, reported a natural gas discovery with its Lingshui 25-1-1 exploration well drilled in the northeast part of Ledong Sag in the Qiongdongnan basin of the South China Sea. […]

Michael Kors Holdings Limited ( KORS ) is a fast-emerging brand in the retail arena of affordable luxury. The company is on a massive penetration drive across the globe, which had resulted in a streak of strong quarterly performances. […]

Brazilian state-run energy giant Petroleo Brasileiro S.A. or Petrobra s ( PBR ) declared the findings of good quality oil at Pudim well, located in Espirito Santo basin. […]

The majority of Medtronic Inc. 's ( MDT ) shareholders have approved the medical technology giant's long proposed takeover of Covidien plc ( COV ) for a total cash and stock value of $42.9 billion. In particular, shareholders maintaining 95.66% of Medtronic's shares as well as those representing roughly 75.18% of its outstanding shares voted in favor of the acquisition, as of the record date; based on preliminary vote evaluation […]

KaloBios Pharmaceuticals, Inc. ( KBIO ) announced that one of its principal candidates, KB001-A, has failed to meet the primary endpoint in a randomized, double-blind, placebo-controlled phase II study. The company was developing KB001-A for the treatment of Pseudomonas aeruginosa (Pa) lung infections in patients suffering from cystic fibrosis. […]