Articles in Business

Whirlpool Takes First Step Toward the Acquisition of Indesit - Analyst Blog

Whirlpool Corp. ( WHR ) yesterday completed the first leg of share purchase under the deal signed last week to attain 66.8% stake in Indesit Company S.p.A. (IND). The company bought the 4.4% stake... Read >>

Petrobras Talks with CEMIG to Sell Gasmig Interest - Analyst Blog

On Jul 16, Brazilian energy giant, Petroleo Brasileiro SA or Petrobras ( PBR ) declared that it was in talks with the electricity company, Companhia Energ├ętica de Minas Gerais ( CIG ) or CEMIG to... Read >>

Salix-Pharming's Ruconest Gets FDA Nod for HAE - Analyst Blog

Salix Pharmaceuticals, Ltd. ( SLXP ) and Pharming Group NV's Ruconest gained FDA approval for the treatment of acute angioedema attacks in adults and adolescents suffering from hereditary... Read >>

Thermo Fisher (TMO) to Divest Cole-Parmer to GTCR for $480M - Analyst Blog

Thermo Fisher Scientific ( TMO ) recently inked a definitive agreement with private equity firm GTCR, LLC whereby the latter has agreed to buy the Cole Parmer channel business of Thermo Fisher for... Read >>

What's Holding Back PS Business Park's Growth Momentum? - Analyst Blog

PS Business Parks Inc. ( PSB ) has planned a significant divestiture program for the coming quarters, with the aim of leaving Portland, Sacramento, and Phoenix markets. Although this will provide... Read >>

Will Hawaiian Holdings (HA) Miss Earnings Estimates? - Analyst Blog

Hawaiian Holdings Inc. ( HA ) is set to release its second quarter fiscal 2014 results on Jul 22, 2014. In the last quarter, the company delivered an 81.82% earnings surprise. Let's see how things... Read >>

Pebblebrook Boosts West Coast Presence in Portland - Analyst Blog

Capitalizing on the growth opportunities in the U.S. West Coast market, Pebblebrook Hotel Trust ( PEB ) bought a Portland, OR based property, The Nines Hotel, for $127.0 million. It is the third... Read >>

Prologis Invests in Europe, Rating Goes Up - Analyst Blog

Prologis Inc. ( PLD ) continues to strengthen its foothold in Europe. The company has recently announced the acquisition of two logistics facilities in Poland and Hungary by its Prologis European... Read >>

Is Comcast (CMCSA) Poised to Beat Earnings Estimates in Q2? - Analyst Blog

Leading cable multi service operator (MSO) in the U.S., Comcast Corporation ( CMCSA ), is slated to report its second quarter 2014 results on July 22, before the opening bell. In the previous... Read >>

Arch Capital Up to Strong Buy Ahead of Q2 Earnings Release - Analyst Blog

On Jul 18, Zacks Investment Research upgraded Arch Capital Group Ltd. ( ACGL ) by a notch to a Zacks Rank #1 (Strong Buy). Why the Upgrade? Arch Capital has been witnessing rising earnings... Read >>