Month: December 2015

Jones Lang LaSalle Incorporated JLL recently declared that it has closed the previously announced acquisition of CoR Advisors, an energy management and building systems integrator for commercial and corporate facilities. In fact, JLL had inked the deal to buy CoR Advisors back in Jun 2015. […]

Kennedy-Wilson Holdings, Inc. KW has entered into a new unsecured revolving credit facility worth $475 million. The new credit facility has a term period of 3 years and an option to extend it by an additional year. […]

In its weekly release, Houston-based oilfield services company Baker Hughes Inc. BHI reported a fall in the U.S. […]

Internet advertising revenues reached a new milestone in the third quarter of 2015, as reported by two renowned research firms Interactive Advertising Bureau (IAB) and PwC US. According to the reports, Internet advertising revenues in the U.S. reached $15 billion, up 23% from the third quarter of 2014 and up 5% from second-quarter 2015. […]

Yahoo! Inc. ’s YHOO revenues remain stagnant and it hasn’t really managed to come up with a product that could create a little buzz either among consumers or investors. That’s not all […]

We issued an updated research report on the premium agricultural chemical company Syngenta AG SYT on Dec 11, 2015. The company is involved in manufacture, marketing and research of seeds and pesticides, aimed at enhancing crop yield and food quality. With a high brand value, Syngenta operates in more than 90 countries around the world […]

Chemical behemoths DuPont DD and Dow Chemical DOW made it official last Friday that they plan on combining their businesses to create a chemical powerhouse dubbed “DowDuPont” with a combined market value of around $130 billion, before eventually breaking up into three independent companies. The two iconic American firms – both reeling under the effects of the commodity price slump, weak demand for agricultural chemicals and headwinds from a stronger greenback – have agreed to merge in an all-stock deal that has been unanimously cleared by the boards of both companies. A Monster Merger The proposed merger, which has been the talk of Wall Street since its announcement, will see the marriage of two of the America’s oldest companies with more than three centuries of combined history. […]

The Federal Reserve will most likely announce a rate hike later this week. Most investors anticipate that Bank of America Corporation BAC , being one of the largest U.S. […]

With a steady rise in business and leisure travel driven by an improving economy, hoteliers are looking to expand their footprint in the U.S. Starwood Hotels & Resorts Worldwide Inc. […]

Allegheny Technologies Inc. ATI recently announced certain rightsizing actions for its Flat Rolled Products (“FRP”) operations to combat the challenging business conditions for its commodity products. According to Rich Harshman, Chairman, President and CEO, these actions are the outcome of an extensive strategic review and analysis of the current and anticipated medium-term market conditions affecting Allegheny’s U.S […]

Internet of Things (IoT), which enables any physical electronic device with a valid IP address to transfer data seamlessly over a wireless network, is the latest in the league of service and business models that is rapidly gaining market traction. According to a recent report by research firm International Data Corporation (IDC), worldwide spending on IoT is slated to grow at a 17% compound annual growth rate (CAGR) to nearly $1.3 trillion in 2019 from $698.6 billion in 2015. Next-generation superfast wireless networks (4G LTE, LTE-A, upcoming 5G) will provide the primary impetus to the telecom industry […]

Medical device major Medtronic plc MDT recently entered into a new strategic tie-up with Samsung Electronics, in an attempt to expand its valued partnership with the renowned electronics company. Under this alliance, both the partners seek to provide more advanced digital health solutions in neuromodulation therapy to millions of patients, across the world. Interestingly, this news comes close on the heels of the FDA approval of Medtronic’s Activa portfolio of Deep Brain Stimulation (DBS) neurostimulators’ systems for conditional use in full-body Magnetic Resonance Imaging (MRI) scans […]

In its effort to expand in women’s health testing business, leading medical laboratory tests and services provider Laboratory Corp. of America Holdings LH recently agreed to purchase all the operating assets of full-service independent women's health laboratory Pathology, Inc. […]

Ascena Retail Group Inc. ASNA enhances its store presence with the inauguration of a new dressbarn store in Little Rock, AR. The store will be located at 11201 Bass Pro Parkway. […]

ARIAD Pharmaceuticals Inc. ’s ARIA shares fell 4.6% after the company lowered the 2015 revenue guidance for its leukemia drug Iclusig, in view of its continuing negotiations with the Economic Committee on Health Care Products in France regarding the drug’s pricing and reimbursement. ARIAD stated that the company’s previously issued 2015 revenue guidance for Iclusig assumed the completion of pricing and reimbursement negotiations in France by the end of this year. […]

St. Jude Medical, Inc. STJ is expected to gain faster FDA approval for its Burst-technology enabled products, on the back of positive data from the SUNBURST study […]

ITT Corporation ( ITT ) recently announced that rotorcraft products of its Enidine brand have debuted on the first test flight of its key partner Bell Helicopter’s 525 Relentless. Enidine’s highly-advanced technology has allowed Bell 525 Relentless to significantly reduce noise and vibration, which in turn, will help extend lifespan of the aircraft’s rotorcraft components. […]