Mergers & Acquisitions

Terra Nova Renewable Partners, A Partnership Between SunEdison And Clients Advised By J.P. Morgan Asset Management – Global Real Assets, Buys 33 Percent Stake in 336 Megawatt DC Solar Portfolio from Dominion

Terra Nova Renewable Partners, A Partnership Between SunEdison And Clients Advised By J.P. Morgan Asset Management – Global Real Assets, Buys 33 Percent Stake in 336 Megawatt DC Solar Portfolio from Dominion — Terra Nova Renewable Partners acquires 33 percent stake for an equity purchase price of $180 million plus a working capital adjustment — SunEdison has the option to purchase the assets held by the partnership within five years — The partnership, through an indirect subsidiary, has the option to purchase Dominion’s remaining 67 percent interest upon the occurrence of certain triggering events PR Newswire MARYLAND HEIGHTS, Mo., Dec. […]

Stock Analysts

Haynes (HAYN) Declares Ratification of Labor Agreement

Haynes International, Inc. HAYN declared that membership of the United Steelworkers Local 1505 has ratified a five-year agreement that covers bargaining unit employees at the company’s Arcadia, LA facility. Haynes stated that this new bargaining agreement was a successful negotiation process involving significant efforts by the company as well as the local union […]

Stock Analysts

Mead Johnson: Overseas Market Strong, Competition Prevails

On Dec 29, 2015, we issued an updated research report on llinois-based Mead Johnson Nutrition Company MJN – a global leader in pediatric nutrition, especially for infants and children. The company’s Enfa family of brands, which includes the Enfamil infant formula, is a leading brand franchise in pediatric nutrition. […]

Stock Analysts

Sanofi’s Dengue Vaccine Dengvaxia Gains Brazilian Approval

Sanofi ’s SNY Vaccines division, Sanofi Pasteur, announced that the Brazilian regulatory authority, ANVISA, has approved tetravalent dengue vaccine, Dengvaxia, for the prevention of disease caused by all four dengue types in individuals from 9–45 years of age living in endemic areas. Following the approval, Dengvaxia becomes the first dengue vaccine to be cleared in Brazil. This is the company’s third consecutive approval for Dengvaxia in an endemic country, following approvals in Mexico and the Philippines earlier this month. […]

Stock Analysts

Lockheed Martin Wins Modification Contract Worth $528.5M

Lockheed Martin Corporation LMT has won a modification contract aggregating $528.5 million from the Missile Defense Agency, Alabama. This contract supplements the previous contract for the production of Lot 7 and Lot 8 Interceptors, one-shot devices, and other production support efforts for the Missile Defense Agency Terminal High Altitude Area Defense Project Office. […]

Stock Analysts

Kamada (KMDA) Reports Encouraging Data on Rabies Drug

Investors in the pharma/biotech sector eagerly wait for pipeline updates as they play an important role in deciding whether or not to invest in a particular company. These updates provide information on experimental drugs and at times give an insight on the commercial potential of the candidate once it is successfully developed and commercialized. Last week, Kamada Ltd. […]

Mergers & Acquisitions

ArcLight Capital Partners Affiliate Acquires Gulf Oil, LP

ArcLight Capital Partners Affiliate Acquires Gulf Oil, LP PR Newswire BOSTON, Dec. 29, 2015 BOSTON , Dec. 29, 2015 /PRNewswire/ — ArcLight Capital Partners, LLC (“ArcLight”), one of the leading private equity firms focused on energy infrastructure investments, announced today that Chelsea Petroleum Products Holdings, LLC, an affiliate of ArcLight, completed the purchase of Gulf Oil, LP (“Gulf”) from Cumberland Farms, Inc […]