Month: January 2015

Solar panel manufacturer Yingli Green Energy Holding Company Limited ( YGE ) also known as “Yingli Solar” completed a 10 megawatt (“MW”) solar power plant in China's Hebei Province in late Dec 2014. The company is presently looking for a buyer for this project, which is located in Fuping, a mountainous region in western Hebei Province. […]

Northrop Grumman Corp. ( NOC ) secured a big award from the U.S. […]

Teleflex Incorporated ( TFX ) recently announced a strategic agreement with HealthTrust covering PICC (peripherally inserted central catheter) and tip location devices. Under the terms of this agreement, members of HealthTrust will gain access to the entire range of Teleflex’s ARROW PICC and tip location devices, which includes the ARROW PICC with Chlorag+ard Technology and the ARROW VPS Vascular Positioning System. […]

Steel giant ArcelorMittal ( MT ) announced that it has completed the issuance €750 million ($882 million) 3.125% Notes due Jan 14, 2022 under its €3 billion (roughly $4 billion) wholesale Euro Medium Term Notes (“EMTN”) Program. ArcelorMittal said that the proceeds of the issuance will be used for general corporate purposes. ArcelorMittal posted healthy third-quarter 2014 results in November […]

Software developer Microsoft Corporation ( MSFT ) has launched its two most affordable smartphones, Microsoft Lumia 435 and Lumia 532. Both the handsets will be priced within the range of 69 to 79 euros ($81 to $93) pre-tax and will be available in February in the Middle East, Africa, India, other Asia and Europe. […]

Logitech International SA’s ( LOGI ) video conferencing segment recently unveiled their latest additions to the proven Lifesize cloud video conferencing service. This apart, the company also launched a couple of new products, Lifesize Icon 400 and Lifesize Icon Flex. These innovative products are designed for revolutionizing the video conferencing experience for all enterprises, big and small alike. […]

Mexican billionaire Carlos Slim is now the biggest stakeholder of The New York Times Company ( NYT ) after entities affiliated with him exercised their warrants to acquire 15.9 million Class A shares of the company at a cost of $101.1 million or $6.3572 per share. Slim had received these warrants in connection with the $250 million loan he financed to the company in 2009. The company was cash strapped at the time as printing revenues took a massive beating owing to recession. […]

On Jan 14, 2015, Regency Centers Corporation ( REG ), the Jacksonville, FL-based retail real estate investment trust (“REIT”) announced preliminary results for fourth-quarter as well as full year 2014. This included a 4% year over year increase in same store net operating income (“NOI”) in 2014, marking the third consecutive year of same property NOI growth. […]

Diversified energy company, ONEOK Inc. ( OKE ) recently announced 1.5 cent (or 2.5%) hike in its quarterly cash dividend to 60.5 cents per share for the fourth quarter of 2014. This translates into a 3% increase from the prior dividend […]

Advanced Micro Devices ( AMD ) recently declared that three of its senior executives will step down. The General Manager of Computing and Graphics Business Group, John Byrne; Chief Marketing Officer, Colette LaForce; and Chief Strategy Officer, Raj Naik are the three executives who will leave the company to look for other opportunities. […]

eHealth, Inc. ( EHTH ) recently issued preliminary results of certain metrics for fourth quarter and full year 2014. […]

In a move to further strengthen its presence in Southeast Asia, Stratasys Asia Pacific — a subsidiary of Stratasys Ltd. ( SSYS ) — has partnered with five channel partners to cater to the growing demand for 3D printing solutions in Singapore, Malaysia, Philippines and Thailand. These channel partners include Altech Asia Pacific Co […]

Fresh from its Golden Globe success on Sunday, Amazon.com Inc. ( AMZN ) has finalized the release date for the preliminary season of “Bosch,” its first hour-long original drama series. Followers of the best-selling book series by author Michael Connelly can mark Friday, Feb 13. […]

One of the top Dow performers of 2014 continues to produce good numbers on earnings. Giant chip-maker Intel ( INTC ) posted a robust 74 cents per share in its fiscal Q4 after the market close on Thursday, beating the Zacks consensus estimate of 66 cents. […]

In a bid to strengthen its services in Asia, airline behemoth Delta Air Lines Inc . ( DAL ) announced that it intends to launch daily nonstop flights between Shanghai, China and Los Angeles. After gaining regulatory approvals, Delta will start operating on the Los Angeles–Shanghai route from July 9, 2015 […]

Following the successful launch of Facebook ’s ( FB ) Internet.org in the African continent, it will now offer free Internet service in Latin America. The company is initially launching its Internet.org services in the country of Colombia, which was announced following CEO Mark Zuckerberg’s visit on Wednesday. Internet.org is a project initiated by Facebook. […]

General Motors Company ( GM ) announced that it expects total adjusted earnings before interest and tax (EBIT) and adjusted EBIT margin to rise in 2015 over 2014 levels. The automaker also predicted that it will report improved results in all regions. The company expects the improved results in 2015 to be driven by modest global industry improvement, based on continued growth in China, Europe and the U.S., together with the launch of key vehicles. […]

Baskin-Robbins, a unit of Dunkin' Brands Group, Inc. ( DNKN ), recently announced its plan to expand in the state of Kentucky. […]

CME Group Inc. ’s ( CME ) bid for GFI Group ( GFIG ) faces tough competition after BGC Partners ( BGCP ) raised its offer to $5.60 per share, about 2.8% higher than the previous value. […]