Month: January 2015

Nokia Networks, the core business wing of Nokia Corporation ( NOK ), has completed the acquisition of part of the wireless network business of Panasonic Corp. The company expects the deal to further enhance its mobile broadband portfolio, augment the effectiveness and quality control of its product development and R&D activities, and also strengthen its presence in Japan’s mobile infrastructure market. Notably, the deal, which was struck in Jul 2014, covered the base station operations of Panasonic System Networks – the radio access network (RAN) division of the Japanese consumer electronics behemoth […]

Share price General Motors Company ( GM ) increased 1.5% to $34.85 on Jan 6, after the automakers leading luxury auto brand, Cadillac, reported outstanding sales results along with significant global expansion in 2014. Cadillac sales increased 5.2% year over year to 263,697 vehicles worldwide in 2014. Cadillac performed significantly well in all the geographic locations. […]

TASER International Inc. ( TASR ) announced that the Los Angeles Police Department (“LAPD”) has placed an order for 3,130 X26P Smart Weapons. The first order includes an upgrade of 2,270 of the old TASER weapons to the newer version […]

Shares of hhgregg, Inc. ( HGG ) crashed 22.48% yesterday after the company announced its preliminary sales results for the third quarter of fiscal 2015. […]

Integrated energy firm Chevron Corporation ( CVX ) has made another important oil discovery in the Gulf of Mexico (GoM). The deepwater find, at its Anchor prospect, is the second by the company in the region, within the span of a year. The discovery was made through Well No. […]

AutoNation Inc. ( AN ) recorded a 12% year-over-year increase in sales to 33,069 vehicles in Dec 2014. The growth was attributable to strong sales recorded at all segments, with the Premium Luxury segment growing the most. […]

Deerfield, IL-based drug retailing chain Walgreens, which is now a fully-owned subsidiary of the first global pharmacy-led health and wellbeing enterprise Walgreens Boots Alliance Inc. ( WBA ), recently reported solid sales results for Dec 2014. Following the news release, the company's shares rose 0.26% to eventually close at $74.69 yesterday […]

On Jan 7, Zacks Investment Research upgraded BJ's Restaurants, Inc. ( BJRI ) to a Zacks Rank #1 (Strong Buy). This restaurateur would post solid fourth-quarter 2014 results, which is expected to be reported in Feb this year […]

On Jan 6, Zacks Investment Research upgraded Royal Caribbean Cruises Ltd. ( RCL ) to a Zacks Rank #1 (Strong Buy). […]

McDonald’s Corp. ( MCD ) finds itself facing yet another controversy related to food safety. A piece of vinyl was reportedly found in a Chicken McNugget recently at one of the company’s outlets in Aomori, Japan. […]

SM Energy Company ( SM ) announced that it is initiating a process to sell its gas-producing assets in the Mid-Continent regions of Oklahoma, Texas and Louisiana. Moreover, the company will close its regional office in Tulsa, OK. The assets include the Arkoma Basin of Oklahoma and in the Arklatex area of East Texas and Northern Louisiana. […]