Year: 2015

Online music streaming service Pandora, Inc P has signed yet another multi-year licensing agreement in a bid to better manage its content expenditure. Yesterday, the company announced a multiyear partnership with a top rights management firm, Downtown Music Publishing but refrained from disclosing the terms of the deal. The Downtown deal comes a few days after Pandora inked a multiyear direct deal with Warner/Chappell Music […]

We issued an updated research report on Discover Financial Services DFS on Dec 22, 2015. The company remains focused on enhancing its card sales volumes. The partnership with Creditcall Financial during the last reported quarter is worth mentioning in this regard. […]

On Dec 21, we issued an updated research report on BioScrip, Inc. BIOS – provider of home infusion and pharmacy benefit management (PBM) services. […]

On Dec 21, we issued an updated research report on premium basic materials company MRC Global Inc. MRC . The company appears well poised to grow on the back of inorganic strategies, which will likely improve its top line in the future […]

Even with more efficient LED bulbs, the demand for electricity inevitably shoots up during holiday season, which is not so bad for “dirty coal.” To meet the surge in domestic demand, utility operators have to fall back on this much-maligned fossil fuel to light up the sky. Per a forecast from the U.S. Energy Information Administration (“EIA”), coal production in Dec 2015 and Jan 2016 is expected to reach 73.27 million short tons and 73.84 million short tons, respectively. […]

In yet another resolution of a legal headwind, JPMorgan Chase & Co. JPM has settled a class-action lawsuit, stemming from the ‘London Whale’ scandal, for $150 million. The case, filed in the U.S […]

On Dec 21, 2015, we issued an updated research report on Utah-based molecular diagnostics provider – Myriad Genetics, Inc. MYGN .The companyemploys a number of proprietary technologies to target the genetic basis of varied human diseases and the role these genes might play in the onset, progression and treatment of the respective diseases. […]

Dallas, TX-based Southwest Airlines Co. LUV will have to shell out $2.8 million to settle a lawsuit that alleges violation of maintenance norms by the low-cost carrier. […]

CF Industries CF and Netherlands-based fertilizers and industrial chemicals producer – OCI N.V. – said that they have amended their merger agreement originally announced in Aug 2015. […]

Baxalta Inc. BXLT and Momenta Pharmaceuticals, Inc . MNTA announced that their biosimilar candidate M923 has met the primary endpoint in a pharmacokinetic study […]

Facebook, Inc. FB has announced support for Apple’s AAPL Live Photos. The format will now be visible on Facebook for iOS, albeit only for a small number of users for now […]

Shares of leading fashion specialty retailer Nordstrom Inc. JWN continue to tumble. Year to date, this Zacks Rank #5 (Strong Sell) stock has nosedived approximately 37% […]

Kinder Morgan Inc. KMI has revealed its intention to invest in ethanol projects in view of record-high demand and a higher use of gasoline in 2016 as mandated in the U.S. A new ethanol hub will be jointly developed by Kinder Morgan, Bailey Feed Mill and the largest U.S. […]

On Dec 22, we updated our research report on Total System Services, Inc. TSS . Total System has undertaken inorganic growth initiatives to strengthen its capacities as a payment processor […]

According to The Tennessean, the former Hemlock Semiconductor site at Clarksville will shortly have a new occupant — Alphabet Inc. ’s GOOGL Google. Google plans to invest more than $500 million in a data center and create approximately 70 full-time jobs initially […]

According to Yahoo! Autos, Alphabet Inc. ’s GOOGL Google is in talks with automaker Ford Motor Co. F to build autonomous cars. […]

Shares of Chipotle Mexican Grill, Inc. CMG declined more than 3.5% in the trading session on Dec 21 as the U.S. Centers for Disease Control and Prevention (CDC) is probing the restaurateur’s links with a new E […]

Shares of leading Bakken oil producer, Continental Resources, Inc. CLR , slipped to a 52-week low of $19.96 during Monday’s trading session. However, the stock recovered a tad and closed the session at $20.00 per share reflecting a negative year-to-date return of 47.9% […]

On Dec 22, Zacks Investment Research upgraded Spanish telecom giant – Telefonica S.A. TEF – to a Zacks Rank #2 (Buy) from a Zacks Rank #4 (Sell). […]