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Health Net (HNT) to Be Acquired by Centene for $6.8 Billion - Analyst Blog
Fri, 03 Jul 2015 16:24:29 -0400 - Health Net, Inc.HNT and Centene Corporation CNC have entered into an agreement pertaining to which the latter will acquire all the shares of the former to form a combined entity. The total consideration of the deal is $6.8 billion,
15 Global Banks Under Brazilian Scanner for Rate Rigging - Analyst Blog
Fri, 03 Jul 2015 16:24:37 -0400 - Six weeks after reaching a multi billion settlement with regulators in UK and the U.S. , major banks might need to pump up their legal reserves again, as 15 of the world's largest banks are on the radar of
Video Game Stock Roundup: Twitch.tv Viewership Up, Nintendo NX in Focus - Analyst Blog
Fri, 03 Jul 2015 16:24:50 -0400 - Video game stocks weren't immune to the global market downtrend as a result of the Greece debt crisis and continued to slide over the past week. Some important events from the past five days include rising viewership of Twitch.tv,
ReneSola Sells 6.4 MW UK Solar Project to Foresight Group - Analyst Blog
Fri, 03 Jul 2015 16:25:06 -0400 - ReneSola LtdSOL announced that it has sold its 6.4 megawatt (MW) Field House utility scale project in the United Kingdom to funds managed by Foresight Group. ReneSola is gradually transitioning toward downstream development and servicing from OEM manufacturing. The
Applied Genetic Up on Biogen Deal for Eye Disease Drugs - Analyst Blog
Fri, 03 Jul 2015 16:25:20 -0400 - Applied Genetic Technologies CorporationAGTC was up approximately 17% after it announced a collaboration and license agreement with Biogen BIIB for the development of gene based therapies for multiple ophthalmic diseases. The transaction is expected to close in the third
AutoNation's (AN) Retail Sales Up 9% Y/Y in June, 7% in Q2 - Analyst Blog
Fri, 03 Jul 2015 16:25:33 -0400 - Automotive retailer AutoNation, Inc. 's AN total retail sales of new vehicles increased 9% year over year to 27,862 units in Jun 2015. On a same store basis, retail new vehicle sales improved 7% from the year ago figure.Segment
21st Century Fox Rides High on Women's World Cup Ratings - Analyst Blog
Fri, 03 Jul 2015 15:25:38 -0400 - Broadcasting FIFA Women's World Cup 2015 tournament has paid off for Twenty First Century Fox, IncFOXA . Fox Sports Network has witnessed escalating viewership as the tournament progressed, indeed much to the pleasure of the sponsors. The first semi
Petrobras to Sell Stake in Bijupira & Salema Fields for $25M - Analyst Blog
Fri, 03 Jul 2015 15:25:48 -0400 - Brazilian state run energy company Petroleo Brasileiro S.A. or PetrobrasPBR announced that it has entered into a deal with PetroRio S.A engaged in oil and gas exploration, and production activities. Per the agreement, Petrobras will likely divest its 20%
Shell to Go Ahead with GoM Appomattox Deepwater Project - Analyst Blog
Fri, 03 Jul 2015 15:25:59 -0400 - Royal Dutch Shell plcRDS.A has decided to proceed with the Gulf of Mexico (GoM) based Appomattox deepwater project although the business scenario looks challenging with crude prices still at low levels. Per the company, the development will likely be
BP to Settle Federal, State GoM Oil Spill Claims for $18B - Analyst Blog
Fri, 03 Jul 2015 15:26:09 -0400 - BP plcBP , one of the largest energy firms in the world, agreed to an $18.7 billion settlement of all federal and state claims related to the 2010 Gulf of Mexico (GoM) oil spill. This is touted as the
Western Union Shares Slide on News of Paypal-Xoom Deal - Analyst Blog
Fri, 03 Jul 2015 15:26:20 -0400 - Shares of the money transfer leader Western Union Co.WU plunged 6.9% to close at $18.99 in the last trading session, after the news that PayPal will acquire Xoom Corporation XOOM for $890 million became viral. Though Western Union is
Iron Ore Price Slumps Big Time: Bad news for Rio Tinto? - Analyst Blog
Fri, 03 Jul 2015 14:25:41 -0400 - Premium mining companies such as Rio Tinto plcRIO are currently in hot waters, as iron ore prices continue to slide over time, primarily due to increased productivity and unhealthy industry rivalry. Iron Ore Price Trend Growth of modern economies
Honeywell Backs US EPA's Action to Curb Global Warming - Analyst Blog
Fri, 03 Jul 2015 14:26:11 -0400 - Honeywell International Inc. HON announced that it will back the efforts of the U.S. Environmental Protection Agency ("EPA") to curb the usage of hydrofluorocarbons (HFCs) causing high global warming, in applications ranging from refrigerants to aerosols and foam insulation blowing
Aeropostale (ARO) to Venture into India & Indonesia - Analyst Blog
Fri, 03 Jul 2015 14:26:25 -0400 - Mall based apparel retailer, Aeropostale, Inc.ARO announced that it has entered into licensing agreements with India based Arvind Lifestyle Brands Limited and Indonesia based PT Mitra Adiperkasa TBK with an aim to expand in these countries. Shares of the
Dominion (D) to Grow on Renewable & Midstream Projects - Analyst Blog
Fri, 03 Jul 2015 14:26:51 -0400 - We have initiated coverage on Dominion Resources, Inc.D . The company's growth centric projects like the construction of combined cycle natural gas plants, heavy expansion of the midstream business and presence of green energy assets will unlock greater value


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