Stock Analysts

AstraZeneca Presents Data at ASCO; Inks Deal with Eli Lilly

AstraZeneca plc AZN and its global biologics research and development arm, MedImmune, presented encouraging abstracts of data from their MEDI4736 (anti-PD-L1 monoclonal antibody) combination-based immuno-oncology portfolio at the annual meeting of the American Society of Clinical Oncology (ASCO). The company also announced a deal with Eli Lilly LLY for MEDI4736. […]

Stock Analysts

Bristol-Myers’ Opdivo Superior to Standard-of-Care Therapies

Bristol-Myers Squibb Company BMY announced positive data from a phase III, open-label, randomized study (CheckMate-017) evaluating Opdivo in comparison with Taxotere in treatment-experienced patients suffering from advanced squamous non-small cell lung cancer. Bristol-Myers reported that CheckMate-017 proved that Opdivo was not only superior to standard-of-care chemotherapy in terms of overall survival but also had sustained benefits over time. […]

Stock Analysts

Sigma-Aldrich (SIAL) Hits a New 52-Week High of $140.03

Shares of Sigma-Aldrich Corporation SIAL touched a new 52-week high of $140.03 on May 29, eclipsing the previous high of $139.59, before eventually closing marginally lower at $139.30. The lab chemical and life sciences company’s one-year return is roughly 42.4%, higher than the S&P 500’s total return of around 12%. Average volume of shares traded over the last three months is roughly 852.9K […]

Mergers & Acquisitions

Wolf Popper LLP Investigates Claims That the Proposed Acquisition of OM Group, Inc. May Not Be In the Best Interests of Its Investors

Wolf Popper LLP Investigates Claims That the Proposed Acquisition of OM Group, Inc. May Not Be In the Best Interests of Its Investors PR Newswire NEW YORK, June 1, 2015 NEW YORK , June 1, 2015 /PRNewswire/ — Wolf Popper LLP is investigating claims on behalf of investors in OM Group, Inc. (“OM Group”) (NYSE: OMG), concerning the proposed acquisition of OM Group by affiliates of a private equity firm, Apollo Global Management, LLC […]

Stock Analysts

MasterCard Associates with Android Pay, Secures Payments

MasterCard Incorporated MA has brought about yet another enhancement in its payment system. The company, which is well-known for having introduced contactless payments that built the foundation for secure mobile transactions, is now up for capitalizing on the benefits of Android Pay – an app launched by Google Inc. […]

Stock Analysts

Kinross Gold (KGC) Resumes Operations at Maricunga Mine

Kinross Gold Corporation KGC announced that mining and crushing operations at its Maricunga mine have resumed in early May, before the scheduled restarting target of June. The company temporarily suspended operations at the mine due to extreme weather conditions in Chile. The region experienced heavy rain that caused flooding and damaged infrastructure. […]

Mergers & Acquisitions

Wireless Power Standards Bodies A4WP and PMA Merge to Form Industry-Leading Organization

Wireless Power Standards Bodies A4WP and PMA Merge to Form Industry-Leading Organization New organization focused on advancing wireless charging availability for consumer, industrial, medical and military applications PR Newswire TAIPEI, Taiwan, June 1, 2015 TAIPEI, Taiwan , June 1, 2015 /PRNewswire/ — Today, the Alliance for Wireless Power ( A4WP ) and Power Matters Alliance ( PMA ), industry leaders in wireless charging technology, have announced the signing of the merger agreement between the two organizations. The merger positions the combined organization as the leader in wireless charging, bridging two core wireless charging technologies. […]

Stock Analysts

Scana’s (SCG) Subsidiary Files for Rate Increases under BLRA

Energy holding company, SCANA Corporation ’s SCG principal subsidiary – South Carolina Electric & Gas Company (“SCE&G”) – filed for a total increase of 2.78% to its approved electric rates under provisions of a state law known as the “Base Load Review Act” or BLRA. SCE&G applied to the Public Service Commission of South Carolina and the South Carolina Office of Regulatory Staff for the aforesaid hike in the rates. The BLRA significantly lowers the construction cost of nuclear power plants in South Carolina. […]