Articles in Business

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Google to Shutter Zavers - Analyst Blog

Per a Re Code report Google Inc. ( GOOGL ) will shut down its online coupon offering, Zavers. Zavers' customer page states that a number of grocery stores chains including A&P, Waldbaums,... Read >>

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United Continental Shares Gain Altitude - Analyst Blog

With airline stocks reflecting a spiraling trend on Monday trade, United Continental Holdings Inc. ( UAL ) topped the show with its shareholders reacting positively to IATA's (International Air... Read >>

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XL Closes Life Reinsurance Divestiture - Analyst Blog

XL Group plc ( XL ) announced that its subsidiary XL Insurance (Bermuda) Ltd closed the divestiture of XL Life Reinsurance (SAC) Ltd ("XLLR") to GreyCastle Holdings Ltd. for a cash... Read >>

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Updated Research Report on CBS Corp. - Analyst Blog

On May 30, 2014, we issued an updated research report on CBS Corporation ( CBS ) following the company's first quarter fiscal 2014 results. CBS Corp's quarterly earnings per share of 78 cents grew... Read >>

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DDR Gaining Control of Premium Anchor Locations (revised) - Analyst Blog

In order to gain control of its premium anchor store locations in its portfolio, DDR Corp. ( DDR ) disclosed the start of the multi year proactive lease termination initiative. The move will help... Read >>

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Groupon Down on Likely Revival of IL Sales Tax - Analyst Blog

Shares of Groupon ( GRPN ) plummeted 6.46% ($0.38) to close at $5.50 on Jun 2, 2014 following the reported revival of an Illinois sales tax law. Earlier, Illinois had imposed a tax on out of state... Read >>

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Myriad Genetics Posts Key myPath Melanoma Data - Analyst Blog

Myriad Genetics, Inc. ( MYGN ) reported results from a crucial clinical validation study of its myPath Melanoma test at the 2014 American Society of Clinical Oncology (ASCO) annual meeting in... Read >>

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Ascena's Lane Bryant Expansion Still Going Strong - Analyst Blog

The store expansion plan of Ascena Retail Group Inc. 's ( ASNA ) Lane Bryant brand continues in full swing with the opening of another location that marks the brand's 9th outlet opened in May and... Read >>

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Tata Motors' May Sales Down 24% - Analyst Blog

Tata Motors Limited ( TTM ) recorded a 24% decrease in sales to 37,525 vehicles in May 2014 from 49,304 vehicles in May 2013. The automaker's domestic sales of commercial and passenger vehicles... Read >>

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Allstate Hits 52-Week High - Analyst Blog

On Jun 2, 2014, shares of The Allstate Corporation ( ALL ) scaled a new 52 week high of $58.88. About 2.4 million shares exchanged hands in the last trading session, closing at $58.67. The... Read >>