Month: January 2017

Leading solar service provider in the U.S. Canadian Solar Inc. CSIQ announced that its wholly owned subsidiary, Canadian Solar Solutions Inc., has finalized the sale of two solar power plants to affiliates of Concord Green Energy Inc. […]

Pfizer, Inc. PFE announced positive top-line results from the comparative REFLECTIONS B538-02 study on its investigational compound, PF-06410293, a potential biosimilar to AbbVie Inc.’s ABBV Humira (adalimumab) approved for the treatment of patients with rheumatoid arthritis. Pfizer’s three-month share price movement shows that the stock has significantly outperformed the Zacks classified Large Cap Pharma industry. […]

On Jan 5, 2017, Zacks Investment Research downgraded Intuit Inc. INTU to a Zacks Rank #5 (Strong Sell). Going by the Zacks model, companies holding a Zacks Rank #5 are likely to underperform the broader market. […]

Genocea Biosciences, Inc. GNCA announced encouraging six-month data from a planned interim analysis of its ongoing placebo-controlled phase IIb study on GEN-003 for the treatment of genital herpes infections. Shares of the company gained approximately 4% on the news […]

Symantec Corporation SYMC is one of the technology companies that demonstrated remarkable share price performance in the last six months. The stock has surged roughly 20.6%, outperforming the Zacks categorized Computer-Software industry’s gain of 12% in the same time frame. […]

According to the Wall Street Journal, Amazon.com, Inc. AMZN is planning to open a brick-and-mortar bookstore in New York City. […]

Among the top stories this week, Sony Corp. SNE announced that it has sold 6.2 million units of PS4 over the holiday season while Nintendo Co Ltd NTDOY displayed new accessories for its console Switch at CES 2017. […]

Biogen Inc. BIIB exercised its option to enter into an exclusive, global license agreement with California-based private biotechnology company, Amunix Operating Inc., to incorporate the latter’s proprietary XTEN half-life extension technology in developing a recombinant Factor IX candidate. […]

Online retailer Jet.com, owned by Wal-Mart Stores Inc. WMT , has acquired Boston-based footwear-shopping website ShoeBuy for about $70 million. The deal closed on Dec 30, 2016 […]

Enterprise application software provider, SAP SAP extended ties with professional services provider, Accenture plc ACN , by inking a deal to develop innovative cloud-enabled solutions for the oil and gas space. About a year ago, SAP and Accenture had entered into a partnership to accelerate the core development and go-to-market capabilities of cloud-powered SAP S/4HANA.They are working on critical client areas, including development, go-to-market, customer support and outcomes. In Oct 2016, the companies had announced their plans to develop state-of-the-art predictive analytics solutions for the utilities industry, in a bid to improve their asset management […]

L3 Technologies LLL completed the acquisition of Implant Sciences’ explosives trace detection (ETD) assets. The acquisition was valued at $117.5 million in cash plus the assumption of specified liabilities. […]

ReneSola Ltd. SOL announced that it has sold two solar projects in Holyoke, MA to New York-based C2 Special Situations Group, LLC ("C2”). Together, the projects will generate 1.3 megawatts (MW) of renewable energy, which will be sold to a local authority under a 20-year power purchase agreement […]

Comcast Corp. CMCSA , a leading cable MSO (multi service operator) and media giant, recently acquired video metadata technology provider Watchwith. However, the terms of the contract have been not been disclosed. […]

F5 Networks Inc. FFIV is one of the technology companies that have demonstrated remarkable share price performance last year. The company has generated high returns for investors in 2016, and has the potential to exceed expectations in the days ahead […]