SolarCity Corp. ’s SCTY shares declined 3.7% on Dec 15 after the California Public Utilities Commission (“CPUC”) proposed to extend the state's solar net metering program beyond 2017. […]
Ushering in good news for HCP Inc. HCP , Moody’s Investor Services, the rating arm of Moody’s Corp. […]
The Federal Reserve is all set to mark the end of its accommodative monetary policy on Dec 16 by raising the interest rate after keeping it near zero for about eight years. While the market is expecting an initial 25 basis point hike, it prepared positively for the historic move with the U.S. stock indices and bond yields moving higher in anticipation […]
Premium diversified machinery company Middleby Corp. MIDD recently acquired Lynx Grills, Inc. (LYNX) for an undisclosed amount […]
Amgen’s AMGN 27% hike in its first quarter dividend was one of the key highlights this week. Meanwhile, ARIAD ARIA , which has yet to arrive at an agreement in France related to Iclusig pricing and reimbursement, cut its Iclusig revenue guidance for 2015. Recap of the Week’s Most Important Stories 1 […]
Leucadia National Corporation ’s LUK wholly owned subsidiary, Jefferies Group LLC, recently reported fourth-quarter and fiscal year 2015 (ended Nov 30, 2015) results. The firm’s adjusted net earnings totaled $37 million, reflecting remarkable improvement over loss of $17.8 million recorded in the year-ago quarter. Adjusted earnings excluded an amount of approximately $12.2 million related to operating results and wind-down costs of Jefferies’ Bache business […]
In an attempt to expand its next-generation sequencing (NGS) platform in the rapidly emerging markets of China, Illumina, Inc. ILMN recently entered into a strategic collaboration with its Chinese counterpart – Novogene. […]
On Dec 14, 2015, we issued an updated research report on Amedisys Inc. AMED , a provider of home health and hospice services across the U.S. In third-quarter 2015, Amedisys reported solid top and bottom-line beats over the Zacks Consensus Estimate. […]
On Dec 11, 2015, we issued an updated research report on Pennsylvania-based GNC Holdings Inc . GNC – a leading global specialty retailer of health and wellness products, including vitamins, minerals, herbal supplements, sports nutrition and diet elements. GNC Holdings delivered disappointing third-quarter 2015 results, which squarely missed the Zacks Consensus Estimate. […]
Federal authorities reviewing the proposed Halliburton Co. HAL – Baker Hughes Inc. BHI mega merger have termed the remedies offered to mitigate antitrust concerns as insufficient, pushing back the time frame to rule on the deal. […]
AT&T Inc. T recently unveiled its much-awaited cross-platform ‘NumberSync’ services with Samsung Gear S2. […]
The Board of Directors of HCI Group, Inc. HCI recently authorized a share repurchase plan, which permits the company to buy back shares worth up to $20 million. […]
Biotech major, Amgen Inc. AMGN declared about a 27% increase in its quarterly dividend. The company announced a dividend of $1.00 per share for the first quarter of 2016, payable on Mar 8, 2016, to shareholders of record as of Feb 16, 2016 […]
Lockton Brazil Expands with Acquisition of Specialist Broker VIS PR Newswire SAO PAULO, Dec. 16, 2015 SAO PAULO , Dec. 16, 2015 /PRNewswire/ — Lockton Brazil is pleased to announce the acquisition of VIS Corretora de Seguros e Beneficios Ltda (VIS), a specialist insurance and employee benefits broker in Sao Paulo with 27 staff members […]
SureShot Joins Forces With Connexio Labs, Expands Cross-Channel Marketing Offerings Leading Oracle App Provider Expands Product Portfolio PR Newswire DALLAS, Dec. 16, 2015 DALLAS , Dec. 16, 2015 /PRNewswire/ — SureShot, the industry leader in providing innovative apps for Oracle Marketing Cloud customers has merged with North Carolina -based Connexio Labs to expand its cross-channel marketing portfolio of products. […]
AEA Investors to Acquire a Majority Interest of 1-800 Contacts PR Newswire DRAPER, Utah, Dec. 16, 2015 DRAPER, Utah , Dec. 16, 2015 /PRNewswire/ — AEA Investors, LP (“AEA”) announced today that it has entered into a definitive agreement to acquire a majority interest of 1-800 Contacts, Inc […]
Expedia Inc. EXPE recently completed the acquisition of vacation rental site, HomeAway Inc. […]
Enterprise application software provider SAP SE ’s SAP next-generation SAP Business Suite 4 SAP HANA (SAP S/4HANA) has recently gained a new customer in the form of India-based information technology behemoth Wipro Ltd. WIT . SAP’s Global Service & Support organization team, along with Wipro, will work on the project which will likely be functional from 2016 […]
Long-beleaguered crude oil made an unexpected comeback this week with prices going north for the second consecutive day on Tuesday. The two global benchmarks, the Brent crude futures and the U.S. crude's West Texas Intermediate (WTI) futures rose 1% and 3%, respectively […]
Sanofi SNY announced that it has entered into exclusive talks with Boehringer Ingelheim regarding a possible exchange of their respective businesses. Sanofi’s shares were up 3.4% following the announcement. The proposed swap would consist of an exchange of Sanofi’s animal health business (Merial) with an enterprise value of €11.4 billion with Boehringer Ingelheim’s consumer healthcare (CHC) business worth €6.7 billion […]
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