Month: September 2015

Amazon.com Inc. AMZN ) has been experimenting with drones, taxis and bikes to ensure quicker deliveries across a vast area. […]

XL Group plc XL announced that its self sponsored venture capital initiative – XL Innovate – has acquired New Energy Risk, Inc. Founded in 2010, New Energy Risk bridges the gap between risk capital providers and owners, developers and customers of renewable energy projects. In 2014, the company partnered with XL Group and Munich Re to work on the growth of renewable energy technologies. […]

Brown-Forman Corporation BF.B , the American spirit giant and producer of the popular Jack Daniels whiskey, held its official ground breaking ceremony for the Slane Distillery yesterday. This is the company’s first distillery which is being built outside the U.S. In June, Brown-Forman announced that it has purchased all the shares of Slane Castle Irish Whiskey Limited for an undisclosed amount […]

Gearing up for the upcoming holiday season, GameStop Corp. GME , announced its plan to hire more than 28,000 seasonal workers to handle the rush. This year’s recruitment is nearly 12% higher from that of last year’s […]

Revance Therapeutics, Inc. RVNC announced that it has started dosing patients with RT002 (botulinum toxin type A injection) in a phase II study for the treatment of cervical dystonia (a neurological muscle movement disorder). The open-label, sequential, dose-escalating study will evaluate the safety, efficacy and duration of effect of a single application of the candidate, in patients with moderate-to-severe isolated cervical dystonia symptoms of the neck […]

Security and protection services provider Tyco International Ltd. TYC recently announced the expansion of its Global Center of Excellence Network (GCOE), which helps diverse companies to streamline and standardize their fire and security systems globally. […]

In a notable development, Senior Housing Properties Trust SNH has expanded its unsecured revolving credit facility by $250 million, through partial exercise of the accordion feature. In addition, this Newton, MA-based real estate investment trust (“REIT”) secured a new $200-million, unsecured term loan with a maturity period of 7 years. In particular, Senior Housing Properties’ commitments under the credit facility have been increased to $1 billion from the prior amount of $750 million. […]

We issued an updated research report on Papa John's International Inc. PZZA on Sep 29, 2015. Papa John’s has been posting positive comps on the domestic as well as international front since the beginning of 2014. […]

Lenel and AlertEnterprise entered into a partnership that will undertake to resell AlertEnterprise’s Physical Identity and Access Management (PIAM) software. Lenel is a part of UTC Climate, Controls & Security, which is a unit of diversified conglomerate United Technologies Corporation UTX . The software will provide support to an advanced PIAM and compliance solution […]