Hyatt Hotels Corporation H recently announced the opening of Hyatt Regency Naha, Okinawa in collaboration with Ken Corporation and Ken Real Estate Lease, Ltd. This is the debut of the Hyatt brand on the Japanese island of Okinawa. The hotel is located between Naha’s main street of Kokusai Dori and Tsuboya Yachimun Dori, a historical street lined with traditional pottery workshops […]
Zacks Investment Research upgraded Veeco Instruments Inc. VECO to a Zacks Rank #1 (Strong Buy) on Jul 2, 2015. Going by the Zacks model, companies sporting a Zacks Rank #1 have strong chances of performing better than the broader market […]
NXP Semiconductors NV NXPI has moved a step closer to becoming a $40 billion company after it received shareholders’ approval for acquiring Freescale Semiconductor Ltd. FSL in yesterday’s Extraordinary General Meeting. In a joint statement, the companies announced that their shareholders have approved the move in their respective special general meetings casting more than 99% votes in favor of the merger […]
Sportswear retailer Columbia Sportswear Inc. COLM recently made certain changes in its management level to boost overall growth of the company. […]
Delta Air Lines Inc. DAL posted healthy air traffic numbers in the month of June. […]
Mexican pay-TV and broadcasting behemoth, Grupo Televisa S.A.B. TV is likely to gain significantly from its ownership stake in the U.S. […]
ALLETE Clean Energy, a wholly-owned subsidiary of ALLETE, Inc. ALE , announced that it has closed the acquisition of a 100.5-megawatt (“MW”) Pennsylvania-based wind farm, Armenia Mountain, from The AES Corporation AES . […]
Sheridan – the Physician Services Division of TN-based healthcare provider AmSurg Corp. AMSG – recently took over Coastal Anesthesiology Consultants, P.A. – an anesthesia service provider based in St. […]
Drugstore chain retailer, Rite Aid Corporation RAD reported healthy sales results for the month of June. The company’s comparable-store sales (comps) for the four weeks ended Jun 27, 2015 rose 2.4%, reflecting an increase in front-end and pharmacy comps as well as higher prescription count at comparable stores. Pharmacy comps went up 3.4%, including a negative impact of nearly 226 basis points from generic drug introduction […]
Onshore contract driller, Patterson-UTI Energy Inc. PTEN declared that its Jun 2015 drill rig count averaged 113–112 rigs in the U.S. […]
On Jul 2, 2015, we issued an updated research report on Deere & Company DE . The manufacturer of agricultural, construction, forestry and consumer equipment is expected to benefit from improvement in the nonresidential construction sector, higher housing starts as well as innovative product introduction. However, low farm income, soft energy sector and tight credit condition remain headwinds. […]
Gannett Co., Inc. GCI , a diversified publishing conglomerate, which retained the name of the parent company, started trading as a separate entity upon completion of its spin-off on Jun 29. It is being headed by Chief Executive Officer, Robert Dickey […]
After a number of mergers and acquisitions in the insurance sector of late, it is now turn for Humana Inc. HUM , one of the top five players in the health insurance space, to be purchased. […]
Shares of DuPont DD sank to a 52-week low yesterday after it completed the separation of its performance chemicals unit through the spin-off of The Chemours Company CC . Chemours – earlier a part of DuPont – is now an independent, publicly traded corporation and started "regular-way" trading on the NYSE on Jul 1. […]
Burson-Marsteller a part of Young & Rubicam Group, a subsidiary of WPP plc WPPGY recently announced the launch of the Burson-Marsteller Cuba Specialty Team for providing strategic consultancy related to entry into the Cuban market. Closely monitoring the political and economic scenario in the U.S. and Cuba, the Burson-Marsteller Cuba Specialty Team aims to provide a varied portfolio of services to help clients analyze government policy developments in both countries. […]
Vertex Pharmaceuticals Incorporated VRTX received a major boost with the FDA approving its cystic fibrosis (CF) treatment, Orkambi. Orkambi, a combination of lumacaftor and Kalydeco (ivacaftor), an already marketed CF drug in the company’s portfolio, is approved for the treatment of the underlying cause of CF in people (ages 12 and above) with two copies of the F508del mutation. […]
Share price of Evolent Health Inc. EVH attained a new high of $20.48 on Jul 2, eventually closing a tad bit lower at $20.41. The company started trading publicly at the New York Stock Exchange (NYSE) on Jun 5, 2015. […]
The Dow experienced an eventful though holiday shortened week dominated by negotiations between Greece and its creditors. Stocks ended in the red on Monday after a breakdown in Greece’s debt negotiations with its lenders placed the country on the brink of a default. […]
Caisse de d pôt et placement, Fonds de solidarit FTQ and Investissement Qu bec partner with One51 to support the growth of IPL Canada NewsWire MONTRÉAL, July 3, 2015 MONTRÉAL, July 3, 2015 /CNW Telbec/ – Caisse de d pôt et placement du Qu bec, the Fonds de solidarit FTQ and Investissement Qu bec have partnered with One51 to acquire IPL, a Qu bec manufacturing company based in Saint-Damien . IPL is a North American leader in injection-molded plastic products and solutions for the food and industrial sectors. The transaction has been carried out with NOVACAP, one of Canada’s leading private equity firms, which is selling its 70% stake in IPL. […]
Technology giants Yahoo! Inc. YHOO and Google Inc. […]
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