Articles in Business

Tower Group Acquired by ACP Re for $2.50 a Share in Cash - Analyst Blog

Tower Group International, Ltd. has finally been acquired by ACP Re, Ltd., a Bermuda based reinsurance company. Each share of the company was converted into the right to receive $2.50 in cash. ... Read >>

Patterson-UTI Poised for Growth with Quality Land Rig Fleet - Analyst Blog

On Sep 15, 2014, we issued an updated research report on Patterson UTI Energy Inc. ( PTEN ). The company is the second largest North American land drilling contractor and has a premium quality... Read >>

Avanir Pharmaceuticals Shoots Up on Positive AVP-923 Data - Analyst Blog

Shares of Avanir Pharmaceuticals ( AVNR ) gained a massive 85.31% to close the trading session on Sep 15 at $12.49. The jump came on the back of encouraging data from a phase II study (n=220) on... Read >>

Unum Group Rides On Core Business: Will You Add the Stock? - Analyst Blog

On Sep 16, Zacks Investment Research upgraded Unum Group ( UNM ) to a Zacks Rank #2 (Buy).Why the Upgrade? Unum Group has witnessed rising earnings estimates on the back of strong second quarter... Read >>

Costco Sustains Sales Momentum Amid Intense Competition - Analyst Blog

Costco Wholesale Corporation ( COST ) appears unfazed by the soft recovery in the U.S. economy. The company has managed to keep an upbeat note and sustain its sales momentum amid heightened... Read >>

Is Illumina (ILMN) a Buy on Solid Q2, Strategic Road Map? - Analyst Blog

On Sep 16, 2014, we issued an updated research report on life sciences company Illumina Inc. ( ILMN ). Illumina delivered strong second quarter 2014 results with both the top and the bottom line... Read >>

Verizon Announces Early Upgrade Offer to Promote iPhone 6 - Analyst Blog

Verizon Communications ( VZ ) has come up with yet another promotional offer on Apple Inc.'s ( AAPL ) latest offering iPhone 6. The company is offering an early upgrade option, allowing customers... Read >>

US Cellular Banks on Strategic Initiatives, Smartphone Sales - Analyst Blog

On Sep 9, 2014, we updated our research report on wireless service provider United States Cellular Corporation ( USM ). We expect U.S. Cellular to gain from LTE expansion and smartphone sale,... Read >>

Medtronic's CoreValve Emerges Cost-Efficient in New Trial - Analyst Blog

Leading medical device major Medtronic Inc. 's ( MDT ) self expanding CoreValve transcatheter aortic valve system recently exhibited cost efficiency in transcatheter aortic valve replacement... Read >>

Grupo Aeroportuario's Operations Hurt by Hurricane Odile - Analyst Blog

Airport operator Grupo Aeroportuario del Pacífico, S.A.B. de C.V. ( PAC ) is facing a difficult time owing to Hurricane Odile, which lashed across Baja California on Monday. The Category 3... Read >>