Month: September 2017

With improving economic and labor market conditions, hiring services in the United States have gradually picked up pace. Moreover, rising levels of competition across several industries globally, have triggered companies to seek professional level talent for fulfilling human resource needs, leading to the recruitment of highly-skilled employees. However, Robert Half International Inc RHI , one of the world’s leading staffing solutions provider, is yet to reap significant gains from the improving staffing industry conditions. […]

Intel Corporation INTC recently scrapped its plans to launch the Project Alloy virtual reality (VR) headset as an open reference design. According to Road To VR, the chip-maker cited lack of partner interest behind the cancellation of the project. […]

A Bio-Techne Corporation TECH brand, ProteinSimple, recently expanded the Ella immunoassay platform through the launch of a 32×4 Simple Plex cartridge. The cartridge provides more accurate results at a lower cost. Notably, ProteinSimple falls under the Protein Platforms division of Bio-Techne. […]

According to sources cited by CNBC , T-Mobile US Inc. TMUS and Sprint Corp. S – the nation’s third-largest and fourth-largest wireless carriers are on close conversations to agree to the tentative terms for their proposed stock-for-stock merger […]

Anthem Inc ANTM is one of the largest publicly traded managed care organizations in terms of membership. Strategic acquisitions, national accounts in the commercial segment and the Medicaid expansion in the government segment have significantly boosted the company’s membership base. […]

Shares of Citrix Systems CTXS have been struggling lately. The stock has underperformed its industry in the first eight months of the year. The stock has depreciated 12.4%, as against the industry’s rally of 25.1% in the same period […]

Per Reuters, Tesla, Inc. TSLA has partnered with Advanced Micro Devices, Inc. […]

Aircraft giant The Boeing Company BA won a five-year basic ordering contract worth $41.5 million for supplying spare parts for F/A-18 E/F aircraft. Work pertaining to the deal will be carried out in Missouri. The contract has been awarded by the Defense Logistics Agency Aviation, Philadelphia, PA […]

Monster Beverage Corporation ’s MNST strong product portfolio, strategic deal with The Coca-Cola Company KO and focus on innovation are encouraging. Monster Beverage offers a wide range of products under the energy drinks category. […]

Medtronic plc MDT recently initiated a post-market FORWARD PRO Clinical Study to measure the performance of CoreValve Evolut PRO transcatheter aortic valve implantation (TAVI) system in regular clinical treatments. This study will evaluate the long-term performance of the next-generation self-expanding TAVI system in patients with severe symptomatic aortic stenosis and who are at an intermediate, high or extreme risk for open heart surgery. Notably, this system has recently been approved for commercial use in Europe and the United States. […]

Actuant Corporation ATU reported mixed fourth-quarter fiscal 2017 (ended Aug 31, 2017) results. The company claimed that benefits accrued from robust performance of both Industrial and Engineered Solutions’ segments were offset by weak Energy segment results. Earnings Quarterly adjusted earnings came in at 19 cents per share, lower than the Zacks Consensus Estimate of 21 cents […]

Eastman Chemical Company EMN is set to increase the selling prices of certain products. The price hike will be effective from Oct 1 or as contracts permit. The price hike is due to elevated operating costs, especially in raw materials […]

Zipcar, the leading car-sharing network and subsidiary of vehicle rental & leasing services provider Avis Budget Group, Inc. CAR , is expanding its geographic footprint across the globe to strengthen its leading position in the market. The company recently forayed into the Latin American market and Nordic countries by launching its services in Costa Rica and Reykjavik, Iceland, respectively […]

Blackstone Holdings Finance Co., an indirect subsidiary of The Blackstone Group BX , made a cash tender offer for the redemption of its 6.625% Senior Notes worth $600 million. The notes are due in 2019 and popularly known as “2019 Notes.” The offer, made on Sep 25, 2017, is subject to certain terms and conditions. […]

Toll Brothers Inc. TOL has been exhibiting robust performance on solid housing demand which in turn is helping the company to offset escalating building material and labor costs. The company’s third-quarter fiscal 2017 results reflected solid top and bottom-line performance with a year-over-year increase of 18% and 42.6%, respectively […]