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Defense Stock Roundup: Saudi Arabia Navy to Buy U.S. Sea Hawk Helicopters; Northrop Hikes Dividend - Analyst Blog
Tue, 26 May 2015 18:55:55 -0400 - It was a gloomy week with most of the major defense companies trading in the red. The only bright spot was a billion dollar Foreign Military Sales ("FMS") contract approved by the U.S. Defense Security Co operation Agency ("DSCA").
General Motors Rejects Fiat Chrysler's Merger Proposal - Analyst Blog
Tue, 26 May 2015 18:56:55 -0400 - General Motors Co.GM has turned down the merger proposal by Fiat Chrysler Automobiles N.V. FCAU . Fiat Chrysler had planned this mega merger in order to cut costs, per media reports. The proposed merger would have resulted in significant
Intercontinental Hotels to Bring Hotel Indigo to Los Angeles - Analyst Blog
Tue, 26 May 2015 18:57:20 -0400 - With the gradually improving U.S. economy, hoteliers are looking to expand their footprints in the country. In order to keep with the trend, Intercontinental Hotels Group plc (IHG) recently inked a deal with Greenland USA a leading developer of
Alere Furthers Divestment Strategy, Sells Off Analytics Division - Analyst Blog
Tue, 26 May 2015 18:57:41 -0400 - Alere Inc.ALR is consistently executing on its strategy of divesting non core assets. The strategy is not only helping the company to focus on its core rapid diagnostic test business but is also improving the cost structure and strengthening
Steel Production Sags in April, Industry Stays in Funk - Analyst Blog
Tue, 26 May 2015 18:58:01 -0400 - Global crude steel production shrank in April on lower output across all major producing countries barring India according to the latest monthly report from the World Steel Association ("WSA"). The steel industry continues to reel under sluggishness in China
Pharmacyclics' Imbruvica Gets CHMP's Nod for Full Approval - Analyst Blog
Tue, 26 May 2015 18:58:31 -0400 - Updates on the regulatory front are eagerly awaited by investors in the pharma biotech sector as they impact the share price of the concerned company. Regulatory updates include events like filing of marketing applications for a candidate or applications
Target, MasterCard Data Breach Settlement Reaches a Dead End - Analyst Blog
Tue, 26 May 2015 17:59:20 -0400 - The proposed $19 million settlement between Target Corporation TGT and MasterCard Incorporated MA to resolve the data breach issue has fallen apart as per sources. Lack of adequate support from banks has been cited as the main reason. Last
Setback for Citigroup in Repo Deal Case with Mercuria - Analyst Blog
Tue, 26 May 2015 17:59:47 -0400 - The legal battle over metal financing deals between Citigroup Inc.C and Mercuria Energy Group Ltd took a new turn. On Friday, the High Court in London ruled that Citigroup is not entitled to claim $270 million payment from Cyprus
Oculus Founder Sued for Deal Breach: Will it Hit Facebook? - Analyst Blog
Tue, 26 May 2015 18:00:19 -0400 - Facebook 's FB entry into the virtual reality business through its ambitious project Oculus VR is reportedly facing legal obstacles. According to reports, a Hawaii company Total Recall Technologies has accused Facebook of misappropriating confidential information and proprietary technology
Triple-Play Miracle Stocks for Your Portfolio - Analyst Blog
Tue, 26 May 2015 18:00:47 -0400 - Though the U.S. stock market has hit a series of new highs in recent sessions, it has crawled up only a few points while trading volume is below average. The magnifier is thus placed on the case of the
AT&T (T) Perks Up Tablet Portfolio with LG G Pad F 8.0 - Analyst Blog
Tue, 26 May 2015 18:01:06 -0400 - U.S. telecom behemoth AT&T, Inc.T plans to add a new member to its tablet family with the upcoming launch of LG G Pad F 8.0.  The device will be available with the carrier effective May 29. The new tablet,
Will Halliburton Benefit from the Baker Hughes Acquisition? - Analyst Blog
Tue, 26 May 2015 18:01:24 -0400 - We issued an updated research report on Halliburton CompanyHAL on May 25, 2015. The company is a leading player in the oilfield services industry. Its $35 billion deal to buy smaller rival Baker Hughes should pay off as the
Oil & Gas Stock Roundup: Halliburton, BP Resolve Macondo Claims, Exxon Strikes Near Guyana - Analyst Blog
Tue, 26 May 2015 18:01:44 -0400 - It was a week where oil prices eked out another gain but natural gas settled lower, losing its grip on the $3 level. On the news front, Halliburton Co.HAL reached an amicable settlement with BP plcBP on Macondo claims,
Select Medical Hits 52-Week High on Strong Q1 Performance - Analyst Blog
Tue, 26 May 2015 18:02:02 -0400 - On May 22, 2015, shares of Select Medical Holdings CorporationSEM hit a 52 week high of $16.85, driven by solid first quarter results and a proposed acquisition. About 0.9 million shares exchanged hands in the last trading session, and
Cenovus Shuts Down Foster Creek Plant Due to Forest Fire - Analyst Blog
Tue, 26 May 2015 18:02:20 -0400 - Canadian oil company, Cenovus Energy Inc.CVE announced that it has safely evacuated all staff from its Foster Creek oil sands and Athabasca natural gas operations. It has also shut down production there as a precaution against a forest fire


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