Month: January 2018

AngioDynamics Inc . ANGO reported adjusted earnings of 16 cents per share in the second quarter of fiscal 2018. […]

Forget 4G LTE (Long-Term Evolution); the stage is set for 5G wireless race in the U.S. telecom space. With the U.S […]

An improving US economy is helping all the industries to gradually return to growth trajectory. Notable decline in unemployment, easing of the U.S. […]

Airline operations were severely disrupted on Jan 4 as Winter Storm Grayson wreaked havoc. The storm has battered the East Coast, causing heavy snowfall accompanied by wind gusts in excess of 50 mph in the affected areas. […]

Some news reports are sensationalized for maximum following like the one from the Register saying that Intel’s INTC Krzanich sold off a large number of shares because he was fully aware of major security flaws that could send Intel shares down. It’s true that the number of shares involved was significant: he exercised his option to purchase 644,135 shares at $12.985 to $26.795, subsequently selling them at a weighted average price of $44.05. […]

Exelixis, Inc . EXEL announced an amendment to the protocol for the phase Ib trial of cabozantinib combined with Roche Holdings’ RHHBY Tecentriq in patients with locally advanced or metastatic solid tumors. […]

It has only been a handful of days into 2018 and the markets are already touching record highs. It looks like the rally will continue for some time. The Dow Jones Industrial index crossed the 25,000 level for the first time yesterday, while other two major indexes — the S&P 500 and Nasdaq also closed at all-time highs […]

On Jan 2, Bonanza Creek Energy Inc. BCEI was raised to a Zacks Rank #1 (Strong Buy). Why the Upgrade […]

Trimble Navigation Ltd. TRMB recently acquired StabiplanB.V. The deal will expand the MEP Engineering Solutions of the original equipment manufacturer of positioning, surveying and machine control products. […]

Penn Virginia Corporation PVAC has decided to boost its acreages in the oil and gas rich Eagle Ford Shale play. About the Deal For the acquisition, the upstream energy player is expected to give roughly $86 million in cash to Hunt Oil Company. […]

Carnival Corporation CCL announced yesterday that it will launch four new cruise ships in 2018 as part of its current fleet enhancement strategy. While Carnival Horizon (belonging to Carnival Cruise Line brand) and Seabourn Ovation (Seabourn) will be launched in April and May respectively, AIDAnova (AIDA Cruises) and ms Nieuw Statendam (Holland America Line) are slated for a December launch. According to Roger Frizzell, chief communications officer of Carnival, "On top of the three new ships we launched in 2017, we look forward to the delivery of four more spectacular ships that will help us continue providing extraordinary cruise vacations at an exceptional value for our guests." Carnival has 18 new ships scheduled to be included in its portfolio of leading global cruise brands between 2018 and 2022 […]

Midstream oil firm Tallgrass Energy Partners, LP TEP has recently reported that the partnership has agreed to make two acquisitions through its subsidiary, Tallgrass Terminals LLC. The firm has also taken a few commercial development steps to increase its bouquet of various services. Pawnee Terminal Acquisition and Others The partnership will buy 51% membership interest in the crude oil terminal at Pawnee, CO from Zenith Energy for around $31 million […]

ImmunoGen, Inc. IMGN announced that it has initiated a phase I study to evaluate its anti-CD123 antibody-drug conjugates (ADCs), IMGN632, for treating patients with hematological malignancies including acute myeloid leukemia (AML) and blastic plasmacytoid dendritic cell neoplasm. […]

Wintrust Financial Corporation ’s WTFC subsidiary, Barrington Bank & Trust Company, N.A., through its Mortgage division, has completed the acquisition of certain assets and liabilities of iFreedom Direct Corporation DBA Veterans First Mortgage. The deal was announced in December 2017 with the aim of expanding in both size and structure. Notably, the acquisition has also provided Wintrust Mortgage with Veterans First Mortgage’s servicing rights on nearly 8,300 loans, which total $1.4 billion in principal balance […]

DISH Network Corp. DISH has entered into a partnership with comScore to measure the effectiveness of addressable advertising campaigns across its legacy pay-TV service using Hopper set-top box and its next-generation Sling TV service, which provides online TV streaming (OTT) on various handheld gadgets. comScore is creating a cross-platform addressable measurement system for DISH Network. […]