Enbridge Inc. ENB recently received a permit from the United States Army Corps of Engineers to provide anchor support for the Line 5 petroleum pipeline under the Straits of Mackinac, in the state of Michigan. Following the approval, the company began the installation of 54 steel supports to the pipeline, as erosion created a gap between the lake bottom and the pipe […]
KBR, Inc. KBR has received two contract modifications to upgrade remote tracking stations in the Air Force Satellite Control Network (“AFSCN”). The contract, valued at almost $40 million, has been awarded by both the U.S. […]
Achillion Pharmaceuticals, Inc. ACHN announced that the FDA has granted Breakthrough Therapy designation to its oral factor D inhibitor, danicopan (previously ACH-4471), as a treatment for paroxysmal nocturnal hemoglobinuria (“PNH”), a rare, acquired blood disease. The company is evaluating danicopan in combination with Alexion’s ALXN C5 inhibitor, Soliris (eculizumab) in a phase II study in PNH patients who have sub-optimal response to Soliris alone. […]
Shares of Marathon Petroleum MPC scaled higher after billionaire activist investor Paul Singer’s Elliott Management Corp suggested the company to break into three separate businesses. Following this development, the stock rose 8.4% in yesterday’s trading to a more than 5-month high. Claiming that Marathon suffered a long-term undervaluation in the equity market, Elliott recommended the split to help the company better its business scale while enhancing its shareholder value. […]
Discover Financial Services DFS seems to have caught investors’ attention who acknowledge its growing top line, well-performing Direct Banking Business and a soaring card sales volume. The company is one of the major card issuers in the United States and a leading innovator in the credit card industry. It is active in forging alliances and partnerships owing to which, card sales volume expanded on average rate of 4.6% in the last five years on the back of a rise in customer base using Discover card […]
Enanta Pharmaceuticals, Inc. ENTA announced positive top-line results from a mid-stage study on its lead product candidate EDP-305, currently being developed for the treatment of non-alcoholic steatohepatitis (NASH). This phase IIa ARGON-1 study evaluated the safety, tolerability, pharmacokinetics and efficacy of EDP-305 for the NASH patient population […]
Castik Capital supports further growth of AddSecure Funds advised by Castik Capital S.à r.l (“Castik”) acquire the majority of AddSecure shares from Abry Partners. Castik is a European private equity firm with a long-term approach to value creation that will support the company’s further growth. PR Newswire STOCKHOLM, Sept […]
Investors interested in stocks from the Leisure and Recreation Products sector have probably already heard of Callaway Golf (ELY) and Yeti (YETI). But which of these two stocks offers value investors a better bang for their buck right now? […]
Investors interested in stocks from the Insurance – Property and Casualty sector have probably already heard of American Financial Group (AFG) and ProSight Global, Inc. (PROS). But which of these two stocks is more attractive to value investors? […]
Investors looking for stocks in the Automotive – Original Equipment sector might want to consider either Oshkosh (OSK) or Gentherm (THRM). But which of these two stocks offers value investors a better bang for their buck right now? We’ll need to take a closer look […]
Investors looking for stocks in the Retail – Apparel and Shoes sector might want to consider either J.Jill (JILL) or Canada Goose (GOOS). But which of these two stocks is more attractive to value investors? We’ll need to take a closer look to find out. […]
Investors looking for stocks in the Transportation – Services sector might want to consider either XPO Logistics (XPO) or DSV A/S UNS ADR (DSDVY). But which of these two stocks is more attractive to value investors? We’ll need to take a closer look to find out. […]
Big City Moms and The Baby Show Series Merge to Form the Largest Consumer Event Series for New and Expecting Families Across the Country PR Newswire NEW YORK, Sept. 26, 2019 NEW YORK , Sept. 26, 2019 /PRNewswire/ — Big City Moms and The Baby Show Series have agreed to merge companies, forming the country’s largest consumer event series in the expecting and new family space. […]
TSO3 Inc. announces receipt of final Court approval for Plan of Arrangement with Stryker PR Newswire QUÉBEC CITY and MYRTLE BEACH, SC, Sept. 26, 2019 QUÉBEC CITY and MYRTLE BEACH, SC , Sept […]
Air Products and Chemicals, Inc. APD recently announced that it will raise the product pricing, surcharges and monthly service charges for merchant customers in North America. The price hike is effective Oct 1, 2019 or as contracts permit. […]
Ford Motor Company F is likely to sign a joint venture deal with Mahindra & Mahindra, which will mark an end to Ford’s independent operations in India. According to sources familiar with the matter, this move is probably Ford’s failure to capture market in India despite having presence in the country for more than 20 years. Global automakers had a tough time making inroads into India, a market dominated by Maruti Suzuki and Hyundai Motor Company. […]
The struggling housing market is steadily gaining footing, thanks to historically low mortgage rates. After upbeat builder sentiment along with soaring housing starts and existing home sales August data, the latest new home sales data for the month echoes the same sentiment. […]
Opioids are a diverse class of moderately strong, addictive and cheap painkillers, whose misuse claims more than 130 lives daily in the United States. Notably, the opioid epidemic began in the late 1990s and the death rates have increased manifold since then. […]
Micron Technology, Inc. MU is set to report fiscal fourth-quarter earnings on Sep 26, after market close. […]
Accenture plc ACN reported mixed fourth-quarter fiscal 2019 results, wherein earnings surpassed the Zacks Consensus Estimate but revenues missed the same. Earnings of $1.74 per share surpassed the consensus estimate by 3 cents and came ahead of the year-ago figure by 16 cents. The bottom line benefited from higher revenues and operating results, lower effective tax rate and lower share count […]
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