Articles in Business

ACE Creates Additional Capacity - Analyst Blog

1/7/2014, 3:25 pm from in Investing, Business, Stocks

To support additional collateralized capacity for global reinsurance business, ACE Limited ( ACE ) created a new special purpose insurance vehicle Altair Re II. The capacity of the special… Read More

HSIC to Buy 5 Healthcare Biz in Europe - Analyst Blog

1/7/2014, 3:20 pm from in Investing, Business, Stocks

In a bid to strengthen its dental and technology lines of business in Europe, Henry Schein, Inc. ( HSIC ) forged an agreement to fully acquire five healthcare businesses operating in three… Read More

Unum Stays in Neutral Lane - Analyst Blog

1/7/2014, 3:15 pm from in Investing, Business, Stocks

We retain our Neutral recommendation on Unum Group ( UNM ) following a soft result at Unum U.K., higher debt burdens on the company and low interest rate environment. The accident and health… Read More

Standard Motor Announces Asset Buy - Analyst Blog

1/7/2014, 3:10 pm from in Investing, Business, Stocks

Standard Motor Products Inc. ( SMP ) announced the acquisition of all the assets of Pensacola, Fla. based Pensacola Fuel Injection, barring the retail segment, which will be retained by the… Read More

AECOM Downgraded to Strong Sell - Analyst Blog

1/7/2014, 3:05 pm from in Investing, Business, Stocks

On Jan 7, Zacks Investment Research downgraded AECOM Technology Corporation ( ACM ) to a Zacks Rank #5 (Strong Sell). Why the Downgrade? AECOM has witnessed sharp downward estimate revisions… Read More

Moody's Rates Berkshire's Notes Issue - Analyst Blog

1/7/2014, 3:00 pm from in Investing, Business, Stocks

Moody's Investors Service of Moody's Corp. ( MCO ) has undertaken a rating action on the recently issued notes by Berkshire Hathaway Finance Corporation (BHFC), a subsidiary of Berkshire… Read More

NCS Declares Underwritten Offering - Analyst Blog

1/7/2014, 2:55 pm from in Investing, Business, Stocks

NCI Building Systems Inc. ( NCS ) has declared an underwritten public offering of 8,500,000 shares to enhance its liquidity. The offering has been made by investment funds associated with… Read More

Tower Group Considers Merger with ACP Re - Analyst Blog

1/7/2014, 2:50 pm from in Investing, Business, Stocks

As a strategic endgame, property and casualty insurer Tower Group International, Inc. ( TWGP ) has sought an alliance with ACP Re Ltd., a Bermuda based reinsurance company. The deal, valued at… Read More

Neutral on Wendy's Company - Analyst Blog

1/7/2014, 2:45 pm from in Investing, Business, Stocks

We maintain our Neutral recommendation on The Wendy's Company ( WEN ) owing to its initiatives to boost sales, which is partly offset by capital expenses related to its re imaging program and a… Read More

Select Comfort Falls Due to Lower Guidance - Analyst Blog

1/7/2014, 2:40 pm from in Investing, Business, Stocks

Shares of mattress retailer, Select Comfort Corp. ( SCSS ), declined 19.1% after the company lowered its guidance for the fourth quarter of 2013. Failure to meet the sales target during the… Read More