Stock Analysts

Ericsson Successfully Deploys ENM in Swisscom LTE Network

Ericsson ERIC disclosed that it has successfully completed the deployment of Ericsson Network Manager (‘ENM’) in the 4G LTE network of Swisscom, which is one of the top telecom operators of Switzerland. This is the first time Ericsson’s ENM has gone live in an operator’s network. ENM is a next-generation unified network management system that enables operators to get a clearer picture of their network resources and services […]

Stock Analysts

Synopsys Begins Accelerated Share Repurchase Program

Synopsys Inc. SNPS recently announced that it is going to buy back $200 million worth of its common stock along with Wells Fargo Bank NA and HSBC under an accelerated share repurchase (ASR) program. This reflects the California-based company’s sound financial position and favorable prospects […]

Stock Analysts

ABM Buys Westway to Spur 2020 Vision & Boost UK Presence

Leading provider of facility solutions ABM Industries Incorporated ABM recently announced the acquisition of Westway Services Holdings Ltd., a provider of technical engineering services in the U.K., for an undisclosed amount. The all-cash deal is in tune with the strategic Vision 2020 plan of the company and is likely to augment its presence in the U.K. market. […]

Economic Data

Markets Focus On Fed Meeting

Stocks are expected to start today’s session modestly in the green. But as we have seen in recent days, the trend could shift quickly intraday. The big source of market volatility lately has been developments in the commodity complex, but the focus shifts now to next week’s decisive Fed meeting […]

Technicals

Westlake Chemical Partners (WLKP) in Focus: Stock Rises 5.1%

Westlake Chemical Partners LP WLKP was a big mover last session, as the company saw its shares rise over 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $15.58 to $18.01 in the past one-month time frame […]

Mergers & Acquisitions

Porsolt Expands its In Vitro Drug Discovery Service Capabilities with the Acquisition of Fluofarma

Porsolt Expands its In Vitro Drug Discovery Service Capabilities with the Acquisition of Fluofarma PR Newswire LAVAL, France, December 10, 2015 LAVAL , France , December 10, 2015 /PRNewswire/ — Porsolt SAS, a preclinical in vivo efficacy and safety CRO, has acquired Fluofarma, a Bordeaux -based company focused on the provision of cell-based assays and in vitro screening services. The acquisition further expands Porsolt’s capabilities and services that can assist clients at earlier stages of their drug discovery programs. Fluofarma, established in 2003, specializes in providing tailored services in cell biology and high content analysis, an approach highly solicited in association with predictive tools and cell-based models, thereby fulfilling pharmaceutical industry requirements to optimize the drug discovery pipeline. […]

Stock Analysts

Microsoft (MSFT) Rolls Out Cortana on iPhone and Android

Software developer Microsoft Corporation MSFT took a step closer to cross-platform dominance and boosted the company's Windows 10 push. It released its personal virtual assistant Cortana on competing platforms. The digital assistant is now available as a downloadable app on Apple’s AAPL iOS, Alphabet’s GOOGL Android, and Cyanogen OS devices. […]