Month: May 2015

QIAGEN NV QGEN recently launched its Qiagen Clinical Insight (QCI) bioinformatics platform to facilitate clinical testing labs study genomic variants identified through next-generation sequencing (NGS) data. This indicates the company’s efforts to bolster its footprint in the rapidly evolving global bioinformatics market. QCI is a comprehensive, bioinformatics content and software platform that can analyze genomic variants available in published biomedical literature, professional association guidelines, public databases and annotations, drug labels and clinical trials. […]

Under pressure from U.S. safety regulators, Ford Motor Co. F announced two new safety recalls in North America. […]

We updated our research report on Simon Property Group Inc. SPG on May 27, 2015. This Indianapolis, IN-based retail real estate investment trust (“REIT”) constantly aims to enhance its portfolio quality […]

The majority of investors of the top two oil companies in the U.S. – ExxonMobil Corporation XOM and Chevron Corporation CVX – dismissed the proposal by its minority progressive shareholders to add directors with climate change expertise to their boards. These shareholders also rejected their offer to set targets for greenhouse-gas emissions. […]

Oil and gas company WPX Energy Inc. WPX continues to monetize its Marcellus Shale assets, lower its long-term debts and concentrate on its core operations. The company completed its third divestiture of the year, selling a bundle of Marcellus Shale marketing contracts and releasing certain related firm transportation capacity to an undisclosed buyer. […]

On May 27, 2015, we issued an updated research report on third-party logistics company, CH Robinson Worldwide Inc . CHRW . The Eden Prairie, MN-based company disappointed investors with its first-quarter 2015 results missing the Zacks Consensus Estimate of both earnings and revenues. […]

TiVo Inc. TIVO , a provider of software and technology for set-top boxes, smartphones and tablets, recently announced the acquisition of pay TV software solutions provider, Cubiware. […]

Honda Motor Co., Ltd. ’s HMC reported worldwide production volume for Apr 2015 at 379,053 units, down 1.4% from Apr 2014. Production outside Japan was up 7% at 327,109 units, reflecting growth for the second consecutive month […]

GlobeImmune, Inc. ’s GBIM shares plummeted 51.3% following the company’s announcement that a randomized, open-label phase II study (0101) on investigational hepatitis B virus (HBV) candidate GS-4774 has failed to meet the primary endpoint. The study compared three doses of GS-4774 (2YU, 10YU or 40YU) in combination with oral antiviral therapy (OAV) versus only antiviral treatment in chronic HBV patients, who were on long-term viral suppression and undergoing an OAV. […]

Baxter International Inc. ’s BAX senior unsecured ratings of A3 were recently downgraded to Baa2 by credit rating agency Moody’s MCO , reflecting apprehensions over the upcoming split of the company into two separate entities. However, Moody’s has maintained Prime-2 short term ratings on Baxter and is likely to rate Baxalta Baa2 […]

Valeant Pharmaceuticals International, Inc. VRX recently announced that its wholly owned subsidiary, Salix Pharmaceuticals, Inc. has received FDA approval for Xifaxan 550 mg for the treatment of irritable bowel syndrome (IBS-D) in adults […]

On May 27, 2015, Zacks Investment Research downgraded Illinois Tool Works Inc. ITW to a Zacks Rank #4 (Sell) from a Zacks Rank #3 (Buy). Why the Downgrade? […]

Atwood Oceanics, Inc. ATW announced that Mark L. […]

We updated a research report on Sempra Energy SRE on May 27. The company’s robust expansion of renewable capacity and various development projects are likely to boost its financials. Moreover, the company’s investor-friendly policies will help retain shareholder interest […]

In sync with its capacity expansion plans, premium U.S. carrier Delta Air Lines DAL plans to initiate flights from the Seattle-Tacoma International Airport to Boston, Orlando, Pasco, Wash and Victoria and British Columbia. Further, the carrier will extend its existing Bozeman, MT, service from the Seattle hub. […]

Nokia Corporation ’s NOK wholly-owned subsidiary, Nokia Solutions and Networks (“NSN”), has decided to acquire U.S.-based Eden Rock Communications. However, the financial terms of the transactions have been kept under wraps. The acquisition of Eden Rock Communications, a multivendor self-organizing network (“SON”) will certainly boost Nokia’s network performance during peak hours […]

Dunkin' Brands Group, Inc. DNKN in collaboration with The J.M. Smucker Company SJM and Keurig Green Mountain, Inc […]

Retrophin, Inc. ’s RTRX shares jumped 11.8% after the company announced its intention to sell its rare pediatric disease priority review voucher (pediatric PRV) to Sanofi SNY in a $245 million deal. […]

Shares of DexCom Inc. DXCM rallied to a new 52-week high of $71.73 on May 27, eventually closing a tad bit lower at $71.64. […]