Abbott ABT recently announced results for its AMPLATZER Amulet left atrial appendage (LAA) occlusion device in a bid to fortify its core Structural Heart business. Data was presented at EuroPCR, the annual meeting of the European Association of Percutaneous Cardiovascular Interventions (EAPCI), in Paris. Further, these results were published in EuroIntervention […]
TransCanada Corporation ’s TRP C$1.4 billion North Montney Mainline Pipeline Project recently got greenlit by the National Energy Board (NEB). The pipeline will be developed by TransCanada’s wholly-owned subsidiary, NOVA Gas Transmission Limited (NGTL). The Montney Pipeline project was originally expected to deliver natural gas to the Prince Rupert Gas Pipeline, which would have supplied to the Pacific Northwest LNG (PNW) project — C$36 billion natural gas liquefaction and export facility. […]
On May 23, Comcast Corporation CMCSA said that it is in the process of preparing a superior all-cash offer for the assets of Twenty-First Century Fox, Inc. FOXA that The Walt Disney Company DIS has already shown interest in. […]
Innospec Inc.’ s IOSP stock looks promising at the moment. With strong fundamentals and upbeat prospects, this Zacks Rank #2 (Buy) stock can be a solid bet now. Let’s delve deeper into the factors that make this chemical company an attractive investment option. […]
Shares of Merit Medical Systems, Inc. MMSI have gained 18.9% since the release of first-quarter 2018 results on Apr 25. The rally was backed by better-than-expected earnings per share (EPS) and revenue growth across all product lines along with strong performance in all geographies. […]
Corus Entertainment Provides Update on Sale of Historia and S ries+ to Bell Media PR Newswire TORONTO, May 28, 2018 TORONTO , May 28, 2018 /PRNewswire/ – Corus Entertainment Inc. (TSX: CJR.B) (“Corus Entertainment”) today announced that the Commissioner of Competition has not approved the sale by Corus Entertainment of French-language specialty channels Historia and S ries+ to Bell Media Inc. (“Bell Media”) […]
Analog Devices, Inc. ADI will report second-quarter fiscal 2018 results on May 30, before the bell. […]
Box, Inc. BOX is set to report first-quarter fiscal 2019 results on May 30. […]
U.S. stock markets have remained highly volatile in 2018 so far. […]
Workday, Inc. WDAY is set to report first-quarter 2018 results on May 31. Notably, the company has surpassed the Zacks Consensus Estimate in the trailing four quarters, with an average positive surprise of 58.65%. […]
Stocks ended lower on May 25 as crude prices plummeted. The immediate trigger for a decline in oil prices was reports that OPEC and Russia were discussing an increase in oil production. Consequently, stocks of energy companies suffered losses […]
Hibbett Sports Inc. HIBB reported lower-than-expected results for first-quarter fiscal 2019. Both earnings and sales lagged estimates while the top line also declined year over year. […]
Luye Pharma Acquires AstraZeneca’s Signature Products Seroquel and Seroquel XR A Move Aimed at Enriching the Existing CNS Portfolio and Enhancing Strategic Synergy across International Markets PR Newswire HONG KONG, May 27, 2018 HONG KONG , May 27, 2018 /PRNewswire/ — Luye Pharma Group recently announced their acquisition of AstraZeneca’s core CNS products – Seroquel and Seroquel XR. As with previous acquisitions such as Lipusu, Xuezhikang, Beixi and Rivastigmine Transdermal Patch, the decision to acquire Seroquel and Seroquel XR was made by Luye Pharma based on a comprehensive evaluation of the target. […]
AngloGold Ashanti International Exploration Holdings Limited Announces Acquisition of Units in Pure Gold Mining Inc. Canada NewsWire DOUGLAS, Isle of Man, May 25, 2018 DOUGLAS, Isle of Man, May 25, 2018 /CNW/ – AngloGold Ashanti International Exploration Holdings Limited (” AngloGold International “), a wholly-owned subsidiary of AngloGold Ashanti Limited, is pleased to announce that it has acquired, by way of a non-brokered private placement, 12,800,000 units (the ” Units “, each a ” Unit “) of Pure Gold Mining Inc. (” Pure Gold “) at a price of $0.62 per Unit, representing an aggregate subscription price of approximately $7,936,000 . […]
Hydro One and Avista file a Settlement Agreement in Oregon Merger Case PR Newswire TORONTO and SPOKANE, WA, May 25, 2018 TORONTO and SPOKANE, WA , May 25, 2018 /PRNewswire/ – Hydro One Limited (“Hydro One”) (TSX: H) and Avista Corporation (“Avista”) (NYSE: AVA) today announced the achievement of an important milestone in the regulatory approval process of their proposed merger. The companies have filed an all-parties, all-issues settlement agreement in the merger proceeding before the Public Utility Commission of Oregon (“OPUC”). […]
Shares of Armstrong World Industries, Inc. AWI have surged around 47% in the last year. The company has also outperformed its industry ’s growth of roughly 19% as well as S&P 500's gain of 13% […]
U.S. aerospace and defense is one of the nation’s key industries, given the increasing demand for defense equipment and commercial jets. The industry benefits from the volatile and uncertain geopolitical global backdrop, characterized by terrorist threats, civil wars and border disputes […]
Raytheon Company ’s RTN Integrated Defense Systems (IDS) business unit recently won a modification contract for providing Romania with Phased Array Tracking on Radar to Intercept Option (PATRIOT) Fire Unit. The deal came under the foreign military sales (FMS) program. Details of the Deal The contract is valued at $395.8 million and has been awarded by the U.S […]
Lockheed Martin Corp .’s LMT Aeronautics business division recently secured a contract worth $558.3 million to support the low-rate initial production of F-35 Lightning II aircraft of the 11th lot. Work related to the deal is scheduled to be completed by February 2023. […]
Alphabet GOOGL is streamlining its subscription business, but the good news is marred by continuing trouble with publishers over GDPR, investigations by ACCC and fears about impact of India’s antitrust ruling. Further details- Revamps/Relaunches Music Streaming Service Alphabet, which includes YouTube in its Google business, appears to be in the process of simplifying its many music and video offerings. So now, it has a well-tiered array with YouTube Music being the ad supported bottom tier; followed by YouTube Music Premium, which is an all-you-can-eat music service for $9.99 that compares with Apple AAPL Music and Spotify SPOT ; and YouTube Premium, which includes all the benefits of YouTube Music Premium (ad-free, playlists, download, music recommendations, standalone mobile app, etc) plus original content for $11.99 […]
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