Month: December 2015

Consumer products giant Unilever NV UN recently sold the Motions, Just for Me, Consort, and Groom & Clean brands, and also the TCB brand in Africa, to an international hair care company Strength of Nature. The terms of the deal was not disclosed. Strength of Nature is one of the fastest growing companies in the multi-cultural hair care category […]

Capital One Financial Corporation COF has completed a deal to acquire General Electric Company’s GE healthcare-related loans worth roughly $8.5 billion and its Healthcare Financial Services (“HFS”) business. The deal was announced in last August. The completion of the transaction combined Capital One’s existing healthcare lending business with HFS […]

This holiday season brought a cheer for Shutterfly, Inc. SFLY as it witnessed record orders and revenues during the Black Friday to Cyber Monday period. The digital personalized products and services provider’s robust performance came on the back of launch of a large number of new products and services on its Shutterfly and Tiny Prints sites, specifically targeting the holiday season. […]

Milacron Holdings Corp. MCRN recently completed the acquisition of CanGen Holdings, Inc. (CanGen), consisting of its 2 subsidiaries, Canterbury Engineering Company and Genca […]

Shares of Kinder Morgan Inc. KMI hit a 52-week low of $22.36 on Tuesday, Dec 1. Year to date, shares of this energy infrastructure company have delivered a negative return of roughly 47.0% […]

Repros Therapeutics RPRX suffered a setback with the FDA issuing a complete response letter (CRL) for the company’s lead pipeline candidate. Meanwhile, AbbVie’s ABBV oncology segment got a boost with the FDA approving its multiple myeloma drug. Recap of the Week’s Most Important Stories 1. […]

Leading media company Discovery Communications Inc. DISCA recently launched a streaming app called “Discovery Go” for cable and satellite TV subscribers. With this, the company has forayed into the TVEverywhere market by way of which authenticated pay-TV subscribers can login to their account from mobile devices and can watch TV programs live or on-demand […]

QVC, a leading multinational ecommerce firm, wholly owned by Liberty Interactive Corporation QVCA , reported all-time high digital sales last (Thanksgiving) week, courtesy attractive deals and gift items. This underlines the growing preference among consumers to shop online rather than in traditional brick-and-mortar shops. The sales upside was primarily driven by electronic gadgets and home appliances from leading brands like Canon Inc […]

Johnson Controls Inc. JCI has made strong projections for fiscal 2016. The company believes that its strategic and operating plans will lead to better performance during the fiscal year […]

Results of an 18-month investigation into the pricing and marketing of Gilead Sciences Inc. ’s GILD hepatitis C virus (HCV) infection drug, Sovaldi, and its second-wave successor, Harvoni, were released by Senate Finance Committee Ranking Member Ron Wyden and senior committee member Chuck Grassley. […]

Machinery company Kennametal Inc. KMT announced the completion of its divestiture of certain non-core assets to Madison Industries. The transaction value has been fixed at $70 million in cash. […]

Premium technical services company Jacobs Engineering Group Inc. JEC recently secured a construction management contract to aid the Cobb County Water System’s 2015–2020 Capital Improvement program in Georgia. […]

Just over a year ago, oil was hovering around $110 per barrel. Now it’s struggling to stay above $40. In between, it sunk to a 6½-year low of $38 a barrel. […]

Bemis Company, Inc. BMS has acquired the rigid plastic packaging operations of Emplal Participações S.A. (Emplal) […]

Molina Healthcare, Inc. ’s MOH wholly owned subsidiary Molina Healthcare of Illinois, Inc. recently entered into an agreement with Better Health Network, LLC to acquire some of the latter's assets […]

Reliance Steel & Aluminum Co. RS has agreed to buy St. Louis, MO-based Tubular Steel, Inc. […]

On Nov 30, 2015, we issued an updated research report on California-based medical equipment manufacturer – Edwards Lifesciences Corp. EW . […]

Lexicon Pharmaceuticals, Inc . LXRX announced positive top-line data from a phase III study, TELECAST, on its pipeline candidate, telotristat etiprate. […]

Zimmer Biomet Holdings, Inc. ZBH recently announced that its Gel-One Cross-linked Hyaluronate, an advanced joint preservation treatment for knee osteoarthritis has received expanded safety claim from the U.S. […]