Stock Analysts

PPG Buying Stake in Le Joint Francais Sealants Businesses

PPG Industries ( PPG ) has submitted an offer to buy a majority stake in the aerospace and automotive sealants businesses of France-based sealants and adhesives products supplier, Le Joint Francais ("LJF"). Financial terms of the offer were not divulged. LJF, which supplies its products for the aerospace and automotive industries, has been a licensee of PPG’s aerospace sealant technology for more than 60 years […]

Stock Analysts

Statoil, GE Team Up to Develop Eco-Friendly Energy Solutions

Norwegian oil giant Statoil ASA ’s ( STO ) stock price rose by 0.8% on the announcement that it has formed a new collaboration with GE to speed up the development of more environmentally and economically viable energy solutions to aid the future growth. This joint technology-focused program is targeted at deriving an industrial response to some of the biggest problems faced in global oil and gas production which include flaring, CO2 and methane emissions, and water usage. The collaboration is expected to enhance business operations at the same time. […]

Stock Analysts

Luminex Gets Health Canada Approval for Genotyping Assay

Developer and seller of proprietary biological testing technologies, Luminex Corp ( LMNX ), recently received Health Canada approval for its genotyping assay, xTAG CYP2D6 Kit v3. Identifying patient CYP2D6 genotypes can help clinicians customize drug treatment through the selection of relevant therapies. Cytochrome P450 2D6 (CYP2D6) is a clinically vital gene that encrypts a drug-metabolizing enzyme. […]

Stock Analysts

Will Under Armour (UA) Earnings Beat Estimates in Q4?

We expect Under Armour, Inc. ( UA ), one of the leading designers, marketers and distributors of authentic athletic footwear, apparel and accessories, to beat expectations when it reports fourth-quarter 2014 results on Feb 4. In the last quarter, the company had reported a positive earnings surprise of 2.5%. […]