Articles in Business

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Armstrong World Closes Credit Facility - Analyst Blog

Armstrong World Industries, Inc. ( AWI ) has announced the completion of a $1.275 billion new Senior Secured Credit Facility. The credit facility includes a $575 million term loan A, a... Read >>

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Toyota Recalls FJ Cruisers - Analyst Blog

Toyota Motor Corp. ( TM ) plans to recall 209,000 units of FJ Cruiser sports utility vehicles (SUVs) due to a problem with their front seatbelt retractors. The recalled SUVs are from the... Read >>

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Pediatric Exclusivity for Hospira's Drug - Analyst Blog

Hospira, Inc. ( HSP ) recently gained pediatric exclusivity from the US Food and Drug Administration (FDA) for its injectable sedation drug, Precedex (dexmedetomidine HCl). The FDA's... Read >>

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BlackRock Announces 300 Job Cuts - Analyst Blog

According to an internal memo issued by BlackRock, Inc. ( BLK ), the company will be cutting 300 jobs - about 3% of the total workforce as of Dec 31, 2012. At the same time, the company... Read >>

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KBH Closes Revolving Credit Facility - Analyst Blog

One of the leading homebuilding companies in the U.S., KB Home ( KBH ) recently closed a new unsecured revolving credit facility worth $200 million. The company intends to use the proceeds... Read >>

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Juniper's T4000 Finds a Taker - Analyst Blog

Networking giant Juniper Networks Inc. ( JNPR ) recently announced that it has provided the China Education and Research Network ('CERNET') with its advanced core routing solutions (T4000).... Read >>

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Talaria in Google's Kitty - Analyst Blog

Internet search giant Google Inc. ( GOOG ) has acquired an infrastructure startup company, Talaria Technologies for an undisclosed sum to boost its cloud offerings. Palo Alto-based,... Read >>

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Cerner Acquires Labotix Automation - Analyst Blog

Leading healthcare information technology (HCIT) solutions provider, Cerner Corporation ( CERN ) recently revealed the acquisition of Labotix Automation Inc. Labotix is a leader in... Read >>

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Stryker Launches Iconix - Analyst Blog

Orthopedic major, Stryker Corp. ( SYK ) has launched the Iconix all suture anchor platform with IntelliBraid technology at the American Academy of Orthopaedic Surgeons 2013 Annual... Read >>

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Another Contract for ABB - Analyst Blog

ABB Ltd . ( ABB ) has been awarded a new contract by Italian power company Enel, to provide an automation and control system, Symphony ® Plus, for use at its Grazia Deledda Sulcis... Read >>