Month: January 2015

Leading cable MSO (multi-service operator) Cablevision System Corp. ( CVC ) yesterday unveiled an innovative wireless service on WiFi networks. Named “Freewheel,” this service will be launched commercially in February and will be the cable TV industry’s first independent venture in the wireless arena. […]

Midstream assets operator Energy Transfer Partners, L.P. ( ETP ) announced that it has entered into a merger agreement with Regency Energy Partners LP ( RGP ). Post-declaration, Energy Transfer units witnessed a fall of over 6% on the NYSE. […]

Gilead Sciences, Inc. ( GILD ) expanded its hepatitis C generic licensing agreements with its partners (based in India) to include an investigational pan-genotypic agent, GS-5816. Under the amended agreement, Gilead’s partners will gain the rights to manufacture GS-5816 and the single-tablet combination of its blockbuster hepatitis C drug Sovaldi and GS-5816 (if approved) for commercialization in 91 developing countries. […]

Taking its store-expansion strategy another step forward, Nordstrom Inc. ( JWN ) announced its plan to open a new Rack store in Cerritos, CA. Spanning across 34,000 square feet, the Rack store will be located at Cerritos Best Plaza, a property of CenterCal Properties, LLC. […]

DICK'S Sporting Goods Inc. ( DKS ), moving forward with its aggressive store expansion strategy, is set to unveil a new store at Coddingtown Mall in Santa Rosa, CA. […]

Cardinal Health, Inc. ( CAH ) is slated to report second-quarter fiscal 2015 results before the opening bell on Jan 29. In the last reported quarter, this Dublin, OH-based company recorded a positive earnings surprise of 3.09% while the average earnings surprise over the past four quarters is 3.75%. […]

Global medical devices company, St. Jude Medical, Inc. ( STJ ), is scheduled to report fourth-quarter and full-year 2014 financial numbers on Jan 28, before the opening bell. […]

Shares of United Parcel Service, Inc. ( UPS ) have lost 10.4% ever since it announced below-par guidance for the fourth quarter as well as full-year 2014 on Jan 23. […]

StanCorp Financial Group Inc. ( SFG ) is set to report fourth-quarter and full-year 2014 results on Jan 29. Last quarter, the company posted a 31.06% surprise […]

Updates on the regulatory front are eagerly awaited by investors in the pharma/biotech sector as they impact the share price of the concerned company. Regulatory updates include events like filing of marketing applications, acceptance of these applications for review by the regulatory agencies, reviews by advisory panels and finally, a response from the regulatory agency regarding the approval status. Late last week, The Medicines Company ( MDCO ) announced that the European Medicines Agency’s Committee for Medicinal Products for Human Use (CHMP) has issued positive opinions regarding the marketing authorization for three of its candidates – Orbactiv (oritavancin), Raplixa (sealant powder) and Kengrexal (cangrelor) […]

Post Holdings Inc. ( POST ) entered into a $1.15 billion agreement to acquire for privately-owned MOM Brands Company, sending its share up by 18% on Jan 26, 2015. MOM Brands — a 95-year old cereal company — offers a broad portfolio of ready-to-eat (RTE) cereals, private labels, and hot wheat and oatmeal products. […]

The Wall Street Journal reported that search giant Google Inc. ( GOOGL ) is set to expand its high-speed Internet service through its fiber-optic network to four new metro areas including North Carolina, Atlanta, Charlotte and Tennessee. […]

Houston, TX-based oilfield machinery provider, Cameron International Corporation ( CAM ) is set to release fourth-quarter 2014 financial results before the opening bell on Jan 29, 2015. Last quarter, the company had delivered a 5.41% positive earnings surprise. Moreover, Cameron has posted an average positive earnings surprise of 6.85% over the past four quarters. […]

The Sherwin-Williams Company ( SHW ) is set to release its fourth-quarter 2014 results before the opening bell on Jan 29, 2015. In the last quarter, the coatings and paints company had delivered a positive earnings surprise of roughly 6.6% on the back of improved operating results in its Paint Stores, Global Finishes and Consumer Groups. Let’s see how things are shaping up for this announcement. […]

Check Point Software Technologies Ltd. ( CHKP ) is set to report fourth-quarter fiscal 2014 results on Jan 29. […]

Colgate-Palmolive Co. ( CL ), a global dealer in consumer goods, is scheduled to report its fourth-quarter fiscal 2014 results on Jan 29. […]

Leggett & Platt Inc. ( LEG ), leading engineered products manufacturer, is slated to report its fourth-quarter 2014 results after the market closes on Jan 29. In the last quarter, the company had delivered a positive earnings surprise of 2%. […]

Dow Chemical ( DOW ) is set to release its fourth-quarter 2014 results ahead of the bell on Jan 29. Last quarter, the U.S. chemical kingpin delivered a 7.46% positive surprise on strength across its performance plastics and electronic and functional materials businesses […]

Actavis plc ( ACT ), which has been in acquisition mode over the last few years, has struck yet another deal. This time the company announced its intention to acquire UK-based Auden Mckenzie Holdings Ltd, a privately owned company producing niche generic medicines and proprietary brands. How Actavis Gains from the Acquisition Upon completion of the acquisition, Actavis will become the primary supplier of generic pharmaceuticals in the UK. […]