Month: May 2015

The days when major corporate crimes ravaged the coffers of industry biggies are long gone now. In the present hyper-connected world, organizations are threatened by rapidly spreading cyber attacks that spread beyond the corporate walls. […]

In the last week, the ongoing consolidation trend in the U.S. cable TV industry gained momentum from the recent signing of agreement by Charter Communications Inc. […]

Markets experienced a strong run of gains, followed by a dramatic plunge on Thursday. Stocks gained on Monday following speculation that the government will intensify measures to boost the economy. The Shanghai Composite increased on Tuesday following optimism among investors that government measures to increase access to financial markets will boost fund inflows. […]

Actavis plc ACT announced that the FDA approved Viberzi (eluxadoline) as a twice-daily, oral treatment for adults suffering from irritable bowel syndrome with diarrhea (IBS-D). Approximately 15 million adults in America are estimated to be affected by IBS-D. Currently, there are only few treatment options that relieve both the diarrhea and abdominal pain associated with IBS-D […]

Shares of Hawaiian Holdings, Inc. HA have gained over 2% ever since it was announced earlier in the week that the company will make an entry into the S&P SmallCap 600 index after market closes on May 28. […]

Copart, Inc. CPRT reported earnings per share (“EPS”) of 44 cents for third-quarter fiscal 2015 (ended Apr 30, 2015), up from 31 cents in the corresponding quarter of fiscal 2014. However, EPS missed the Zacks Consensus Estimate of 50 cents. […]

Fluidigm Corporation FLDM recently announced that it will divulge the features of its new automated library preparation application for targeted sequencing, optimized for its Juno system, at the upcoming European Human Genetics Conference to be held in Glasgow, Scotland. The manufacturer of technologies and life science tools expects to commercialize the application by the fourth quarter of 2015. Juno system, released earlier this year, enables scientists prepare samples for various Single Nucleotide Polymorphisms (SNP) genotyping applications. […]

After the Feb 2015 merger of Orbital Sciences Corporation and the aerospace and defense segment of Alliant Techsystems, the combined entity – Orbital ATK, Inc. OA – reported its first financial results today. […]

Itron, Inc. ’s ITRI ChoiceConnect Network solution has been selected by Linea Distribuzione to modernize gas distribution system in Northern Italy. […]

Tech Data Corp. TECD announced that it will acquire North America's leading data center and professional services provider – Signature Technology Group. The transaction, financial terms of which have been kept under wraps, is likely to close in Jun 2015 […]

Wal-Mart Stores Inc. WMT has amicably settled the lawsuit filed by actor-comedian Tracy Morgan over a highway crash (that happened on Jun 7, 2014) that killed one man and left Morgan and two friends seriously injured. The terms and conditions of the settlement with Morgan and the other plaintiffs remained confidential. […]

Starwood Hotels & Resorts Worldwide Inc. ’s HOT upscale brand, The Luxury Collection Hotels & Resorts, recently announced the opening of Excelsior Hotel Gallia, a Luxury Collection Hotel in Milan, Italy, after renovation. Formerly known as Palace Gallia, the hotel will be owned by Katara Hospitality – a global hotel owner, developer and operator based in Qatar. […]

Redefining the dynamics of the semiconductor industry, leading analog semiconductor manufacturer Avago Technologies Limited AVGO is reportedly in the advanced stages of negotiation to acquire rival Broadcom Corp. BRCM . […]

Abercrombie & Fitch Co. ANF began fiscal 2015 on a dismal note as both its first-quarter top and bottom lines failed to meet estimates and deteriorated year over year. The company’s adjusted loss of 53 cents per share in the first quarter of fiscal 2015 was wider than the Zacks Consensus Estimate of a loss of 34 cents. […]

Leading apparel retailer, Hanesbrands Inc .’s HBI subsidiary, Champion Athleticwear and Sports Authority together unveiled a new line of performance and lifestyle apparel called Champion Gear. Sports Authority is the largest full-line sporting goods retailer in the United States and Puerto Rico. The Champion Gear apparel line features the Champion Vapor Technology, which offers seamless construction and quick drying. […]