Articles in Business

Rockwell Hits 52-Week Low on Weak Q3, Bleak Outlook - Analyst Blog

Shares of Rockwell Automation Inc. ( ROK ) hit a new 52 week low of $102.68 on Oct 9 and eventually closed at $102.95. Sluggish third quarter 2013 results and weaker outlook for the full year led... Read >>

TE Connectivity Buys Measurement Specialities for $1.7B - Analyst Blog

Leading connectivity company, TE Connectivity ( TEL ) recently completed the acquisition of global designer and manufacturer of sensor and sensor based systems Measurement Specialties Inc. Valued... Read >>

General Motors' (GM) China Sales Soar 15.2% in September - Analyst Blog

General Motors Co. ( GM ) and its joint ventures in China recorded a 15.2% year over year increase in sales in Sep 2014, taking the figure to 319,936 vehicles. With this, September marked the... Read >>

Progressive Q3 Earnings Beat on Higher Premiums - Analyst Blog

Progressive Corp .'s ( PGR ) operating earnings for the third quarter of 2014 came in at 46 cents per share, surpassing the Zacks Consensus Estimate by 3 cents. Earnings improved about 28% year... Read >>

CareFusion Continues to Grow on Strong Product Lineup - Analyst Blog

On Oct 8, we have updated our research report on CareFusion Corporation ( CFN ). CareFusion's products are considered among top spending priorities of healthcare providers and the company is... Read >>

Covidien Gets FDA Clearance for Patient Monitoring System - Analyst Blog

Covidien plc ( COV ) revealed that it has received 510(k) clearance from U.S. Food and Drug Administration (FDA) for its Nellcor Portable SpO2 Patient Monitoring System (PM10N). It is the only... Read >>

Ashland to Divest Elastomers Business to Lion Copolymer - Analyst Blog

Ashland Inc. ( ASH ) has agreed to sale its elastomers business to synthetic rubber maker Lion Copolymer Holdings. The transaction, which is subject to regulatory clearances and other closing... Read >>

Shire's NDA on ADHD Candidate SHP465 Suffers Setback - Analyst Blog

Shire ( SHPG ) received a setback when the FDA informed the company that it requires additional pediatric data on pipeline candidate SHP 465 to approve its New Drug Application (NDA). SHP 465 is... Read >>

Manitowoc's (MTW) Q3 Results Affected by Weak Demand - Analyst Blog

Shares of Manitowoc Company, Inc. ( MTW ) plunged 5.5% following the company's announcement of preliminary third quarter 2014 results and outlook for the full year. The manufacturer of cranes and... Read >>

AGCO (AGCO) Down to Strong Sell on Trimmed Guidance - Analyst Blog

On Oct 10, Zacks Investment Research downgraded AGCO Corporation ( AGCO ), a manufacturer of agricultural equipment, to a Zacks Rank #5 (Strong Sell). The downgrade resulted from the company's... Read >>