Month: June 2015

Apple Inc. AAPL is reportedly introducing its exclusive haptic feedback technology aka Force Touch in its new iPhone models. […]

Imports of steel, which have wreaked havoc on the ailing American steel industry, dropped nearly 4% from the previous month in May – according to the American Iron and Steel Institute ("AISI"), an association of North American steel makers. Total steel imports declined for the fourth straight month in May, an encouraging sign for the beleaguered domestic steel makers. […]

Dow Chemical DOW recently said that its Sadara joint venture with Saudi Arabian Oil Company (Saudi Aramco) is progressing on schedule and budget. The project is progressing in sync with Dow’s strategy to enable cost-advantaged growth in rapidly growing regions. […]

The long-drawn legal battle between Barclays PLC BCS and Lehman Brothers Inc. has finally come to an end. […]

Mack-Cali Realty Corporation CLI , the Edison, New Jersey-based real estate investment trust (“REIT”), reaped around $81.4 million from the sale of its commercial office property located at 14 Sylvan Way, Parsippany, NJ. The divestiture of the property, situated in Mack-Cali Business Campus, depicts the company’s strategy to reinvest the proceeds toward other growth initiatives. […]

The Securities and Exchange Commission (“SEC”) is taking a hard look at how the private equity firms have been disclosing and managing their expenses. In the process, KKR & Co. […]

PPG Industries, Inc. PPG declared that its Duraform AP Easy Care clear coat has been NSF/ANSI 51-certified by NSF International (National Science Foundation) for non-direct food contact applications. This certification will enable stainless-steel, aluminum appliances and food-service equipment makers to use the clear coat for finishing their products […]

BD Life Sciences – Biosciences, a division of Becton, Dickinson and Company BDX or BD, and FlowJo, LLC, jointly announced a strategic partnership to combine the former’s cytometry data acquisition software with FlowJo’s data analysis platform. The two companies displayed the integration model at CYTO 2015: the 30th Congress of the International Society for Advancement of Cytometry, in Glasgow, Scotland. […]

We issued an updated research report on Tenet Healthcare Corp. THC on Jun 29, 2015. Tenet Healthcare has been generating consistent growth in operating revenues. […]

Energy holding company, SCANA Corporation ’s SCG principal subsidiary – South Carolina Electric & Gas Company or SCE&G – has entered into a settlement agreement with the South Carolina Office of Regulatory Staff and the South Carolina Energy Users Committee. The agreement is related to the company's petition to update the new nuclear units’ construction and capital cost schedules. Two nuclear electric-generating units are being constructed jointly by SCE&G and state-owned utility Santee Cooper at the V.C. […]

On Jun 29, 2015, we issued an updated research report on Lindsay Corporation LNN . The designer and manufacturer of self-propelled center pivot and lateral move irrigation systems is poised to benefit from its strong balance sheet, productivity improvement and geographic expansion, continuous focus on developing its cost structure and investments in product development However, a competitive pricing environment, strengthening dollar and uncertainty of highway funding remain near-term headwinds. In third-quarter fiscal 2015 (ended May 31, 2015), Lindsay reported earnings of $1.10 per share, a 14% decline year over year. […]

Thermo Fisher Scientific Inc. TMO recently agreed to acquire Heysham, U.K.-based research chemical manufacturer, Alfa Aesar, for $405 million (£256 million) in cash. According to Thermo Fisher, this acquisition will help the company expand its existing portfolio of chemicals, solvents and reagents that support laboratory applications including research, drug discovery and development, and production. […]

Airline behemoth Delta Air Lines, Inc. DAL is constantly adding to its services in a bid to improve customer satisfaction. In its latest move, Delta has decided to upgrade its operations between New York's John F […]

On Jun 29, 2015, we issued an updated research report on Lincoln National Corporation LNC . Lincoln National remains under intense competitive pressure from the insurance industry, particularly, in terms of variable annuities. […]

Zacks Investment Research downgraded Potlatch Corporation PCH to a Zacks Rank #5 (Strong Sell) on Jun 30, 2015. Going by the Zacks model, companies holding a Zacks Rank #5 have strong chances of performing worse than the broader market. […]

On Monday, Parkway Properties Inc. PKY closed an unsecured term loan worth $200 million. This loan facility will boost the Orlando, FL-based real estate investment trust’s (“REIT”) financial flexibility as well as aid its expansion plans. […]

Leading medical technology developer, Integra LifeSciences Holdings Corporation IART , has inked a definitive agreement to buy all of the outstanding shares of TEI Biosciences, Inc. and TEI Medical, Inc. for $312 million in cash. […]

Every investor wants to invest in stocks that offer highest "reward-to-risk" ratio. However, the return on a stock is a function of various broad-based as well as company-specific factors, on which an investor has no control. […]

L Brands, Inc. LB is making all possible efforts to woo investors. […]