Month: December 2019

Merck & Co., Inc. MRK announced that the FDA has granted priority review status to yet another supplemental new drug application (sNDA) for its blockbuster PD-L1 inhibitor, Keytruda. The sNDA is seeking approval of Keytruda, as a monotherapy, to treat patients with high-risk non-muscle invasive bladder cancer (NMIBC), unresponsive to Bacillus Calmette-Guerin (BCG) therapy – a therapy widely used in the management of bladder cancer. […]

Nu Skin Enterprises, Inc. NUS is on losing grounds, due to headwinds in Mainland China and adverse currency impacts on gross margin. […]

CACI International Inc CACI recently won a five-year single-award task order to develop and support the Air Force Research Laboratory’s Command, Control, Communications, Computers, Intelligence, Surveillance and Reconnaissance (C4ISR) programs and other technologies. Per the terms of the Network-Centric Solutions-2 task order, CACI will also provide mission expertise on integration of intelligence and operations across air, space and cyberspace. Moreover, AI, ML, advanced geospatial intelligence and signals intelligence support will be provided by CACI. […]

Biogen Inc. BIIB shares declined almost 2.5% on Dec 2, following rating downgrade by an analyst at Robert W. Baird, per a Bloomberg report . […]

Value investing is easily one of the most popular ways to find great stocks in any market environment. After all, who wouldn’t want to find stocks that are either flying under the radar and are compelling buys, or offer up tantalizing discounts when compared to fair value? One way to find these companies is by looking at several key metrics and financial ratios, many of which are crucial in the value stock selection process. […]

Standex International Corporation SXI announced that it signed an agreement to acquire Olathe, KS-based Torotel, Inc. The transaction value, fixed at $48 million or $7.77 per share, will be paid out in cash to Torotel’s shareholders. It is worth noting here that Torotel engages in the manufacturing and distribution of custom magnetics products — including high-voltage transformers, inductors, reactors, electro-mechanical assemblies and others […]

Value investing is easily one of the most popular ways to find great stocks in any market environment. After all, who wouldn’t want to find stocks that are either flying under the radar and are compelling buys, or offer up tantalizing discounts when compared to fair value? One way to find these companies is by looking at several key metrics and financial ratios, many of which are crucial in the value stock selection process […]

Pitney Bowes Inc. PBI completed the divestiture of its Software Solutions business to Syncsort, in a transaction worth approximately $700 million. However, the deal excludes Pitney Bowes’s software and data business in Australia, whose divestitures are likely to be completed in the first quarter of 2020 […]

Valley National Bancorp VLY successfully completed the acquisition of Oritani Financial Corp for $740 million. With an aim to further expand presence in New Jersey, Valley National had announced the all-stock deal in June 2019. The acquisition is expected to double Valley National’s market share in Bergen County and enhance its presence in Hudson County. […]

Shares of Eaton Vance Corp. EV have jumped 34.1% so far this year, outperforming the industry ’s growth of 10.3%. The stock also surpassed the S&P 500 rally of 24% over the same time frame […]

Mylan N.V. MYL and partner Biocon Ltd. announced the launch of Ogivri (trastuzumab-dkst), a biosimilar of Roche’s RHHBY blockbuster breast cancer drug, Herceptin (trastuzumab), in the United States […]

The Middleby Corporation MIDD announced that it acquired Seattle-based Synesso. The financial terms of the transactions have been kept under wraps. Synesso is engaged in the designing and manufacturing of espresso machines (semi-automatic). […]

Value investing is easily one of the most popular ways to find great stocks in any market environment. After all, who wouldn’t want to find stocks that are either flying under the radar and are compelling buys, or offer up tantalizing discounts when compared to fair value? One way to find these companies is by looking at several key metrics and financial ratios, many of which are crucial in the value stock selection process […]

PPG Industries Inc. PPG announced that it started using titanium dioxide (TiO2) pigment from the new chloride production line of Lomon Billions. TiO2 purchased from Lomon Billions’ second chloride-process production line is expected to be used to manufacture coatings and paints at many global production facilities of PPG Industries. […]