Stock Analysts

Corning to Acquire Gerresheimer’s Glass Tubing Business

Corning Incorporated GLW recently announced that it has agreed to take over Gerresheimer AG’s pharmaceutical glass tubing business for 196 million euros. The acquisition is expected to be completed by the end of 2015, subject to customary closing conditions, including regulatory approvals. Based in Dusseldorf, Germany, Gerresheimer manufactures glass tubes and plastic packaging products mainly for its own plants. […]

Stock Analysts

Pfizer’s Once-Daily Xeljanz Application under FDA Review

Pfizer Inc.’s PFE New Drug Application (NDA) for its once-daily 11 mg once daily formulation of Xeljanz (tofacitinib citrate) has been accepted for review by the FDA. The company is looking to get the new formulation approved for the treatment of moderate to severe rheumatoid arthritis (RA) in patients who have had an inadequate response or are unable to tolerate methotrexate (MTX). A response from the agency should be out by Feb 2016 […]

Stock Analysts

Lindsay Corporation Up to Strong Buy, Add to Your Portfolio

On Jul 4, Zacks Investment Research upgraded Lindsay Corporation LNN to a Zacks Rank #1 (Strong Buy). Why the Upgrade? Even though Lindsay did not provide any guidance for fiscal 2015, the company remains optimistic about productivity improvement and geographic expansion and hopes to benefit from balance-sheet strength and acquisitions […]

Stock Analysts

Is Shell (RDS.A) Planning to Start Arctic Drilling in July?

As per media reports, Royal Dutch Shell plc RDS.A will start drilling for oil in the Arctic Ocean this month. Over the last two years, the integrated energy major has spent almost $3 billion for the contentious operation with expectations that the area has large reserves of undiscovered oil and gas. Meanwhile, Shell officials stated that a fleet of 30 vessels which comprise large drilling rigs like Polar Pioneer and Noble Discoverer are getting prepared for the Arctic project. […]

Stock Analysts

Petrobras’ Divestment Plans Attract Explorers’ Attention

Petroleo Brasileiro S.A. or Petrobras PBR has announced its intention to divest assets worth $15 billion in 2015–16 in its latest 5-year plan . The Brazilian state-run energy firm’s divestment plan is divided into three parts – 30% from E&P, 30% from Downstream and the remaining 40% from Gas & Power. […]

Mergers & Acquisitions

Manifest Digital and McMURRY/TMG Combine to Create Manifest, One of the Top-Ranked Independent U.S. Agencies

Manifest Digital and McMURRY/TMG Combine to Create Manifest, One of the Top-Ranked Independent U.S. Agencies Union Produces Strong Digital and Content Offering and Enlists Sapient Nitro Executive as Chief Strategy Officer PR Newswire NEW YORK, July 6, 2015 NEW YORK , July 6, 2015 /PRNewswire/ — Manifest Digital, a leader in digital experience design, and McMURRY/TMG, the leader in omni-channel content creation and delivery, are combining to form Manifest, an agency that connects experience design, emerging technology and content to create innovative and compelling customer experiences for brands. […]

Technicals

3 Reasons Lakeland Industries (LAKE) is a Great Value Stock – Tale of the Tape

Many investors like to look for value in stocks, but this can be very tough to define. There is great debate regarding which metrics are the best to focus on in this regard, and which are not really quality indicators of future performance. Fortunately, with our new style score system we have identified the key statistics to pay close attention to and thus which stocks might be the best for value investors in the near term. […]