Stock Analysts

WPP Acquires Majority Stake in Phantasia, Shares Flat

Wunderman, the largest global digital agency and an integral part of WPP plc ( WPPGY ), recently acquired a majority stake in Phantasia, the most effective digital marketing agency in Peru. This investment will boost Wunderman’s capabilities and is in line with its expansion strategy. Post-acquisition, Phantasia will be renamed Wunderman Phantasia […]

Stock Analysts

Vical Up on Deal with AnGes to Develop Ebola Treatment

Vical Incorporated ( VICL ) shares jumped approximately 8.3% after the company announced that it has entered into an agreement with a Japanese biopharmaceutical company, AnGes MG, to develop and commercialize an equine polyclonal antibody therapy for patients afflicted with Ebola virus disease. As per the terms of the agreement, Vical will develop and provide AnGes a DNA vaccine encoding the glycoprotein antigen of the 2014 Zaire strain of Ebola virus. AnGes will gain exclusive development and commercialization rights to the equine polyclonal antibody therapy in Japan. […]

Max Keiser

Keiser report: Ali-Baba Revolution (E706, ft. Paul Schulte)

[youtube yEknOqaa60Y] In this episode of the Keiser Report, Max Keiser and Stacy Herbert are joined by Paul Schulte for a double header. In the first half, they discuss the economic catastrophe that is the European corporate and banking sector heading into 2015 – especially for Spain, France, Italy and then Germany. In the second half, they discuss the McFarlane effect as the new chairman of Barclays could begin dismantling the behemoth. […]

Stock Analysts

Anadigics (ANAD) Updates Fourth Quarter 2014 Guidance

Premier semiconductor manufacturer Anadigics, Inc. ( ANAD ) recently updated its guidance for fourth-quarter 2014 in an investor presentation at the 17th Annual Needham Growth Conference held at The New York Palace in New York City. The CEO and the Vice President of the company offered a sneak preview of the near-term growth objectives of the company at the conference. […]

Stock Analysts

Lennar Beats on Q4 Earnings & Revenues, Margins Soft

Despite soft margins, Lennar Corporation ( LEN ) delivered another strong performance, beating the Zacks Consensus Estimate for both revenues and earnings in the fourth quarter of fiscal 2014. Lennar’s fourth-quarter adjusted earnings of $1.07 per share beat the Zacks Consensus Estimate of 97 cents by 10.3%. Earnings jumped 46.6% year over year driven by an increase in homebuilding revenues. […]

Stock Analysts

AstraZeneca Announces Encouraging Data from Brilinta Study

AstraZeneca ( AZN ) announced encouraging top-line results from the PEGASUS-TIMI 54 study on Brilinta. The study evaluated Brilinta 60 mg twice daily or 90mg twice daily plus low-dose aspirin for the secondary prevention of atherothrombotic events in patients having a history of heart attack one to three years prior to study initiation. […]

Stock Analysts

Ericsson Contests Apple, Demands Licensing Offer Review

Countering the latest lawsuit filed against Ericsson ( ERIC ), by the iPhone maker – Apple Inc. ( AAPL ), the company pressed legal charges against the latter to overrule its claims in the United States District Court for the Eastern District of Texas. On Jan 12, Apple charged Ericsson of demanding royalties for licensing patents on the LTE technology as a percentage of the price of the smartphone or tablet […]

Economic Data

Swiss Franc Goes Off Euro – Ahead of Wall Street

Thursday, January 15, 2015 This is Mark Vickery covering for Sheraz Mian, who will be out of the office until next Tuesday. So far, early Q4 2014 earnings season is being eclipsed by bigger headlines elsewhere. This morning, the Swiss National Bank has made the surprise decision to remove its long-standing exchange rate of 1.20 Swiss francs to 1 euro […]