Articles in Business

Selective Insurance Upped to Strong Buy - Analyst Blog

On May 13, Zacks Investment Research upgraded Selective Insurance Group Inc. ( SIGI ) by a notch to a Zacks Rank #1 (Strong Buy). Why the Upgrade? Selective Insurance has been witnessing rising... Read >>

Credit Suisse to Settle Tax Probe? - Analyst Blog

Credit Suisse Group AG ( CS ) may shell out around $2.5 billion as settlement charges and is expected to plead guilty related to an ongoing tax probe by the United States Department of Justice (... Read >>

Data on Novo Nordisk's NovoEight - Analyst Blog

Pipeline updates are highly awaited events in the pharma biotech sector as they play an important role in deciding whether or not to invest in a particular company. These updates provide... Read >>

Lockheed Martin Wins DoD Contracts - Analyst Blog

Lockheed Martin Corporation ( LMT ), the prime U.S. defense contractor, received two small contracts worth approximately $48.9 million from the U.S. Department of Defense (DoD) on May 15, 2014.... Read >>

Setback for Novartis' RLX030 - Analyst Blog

Novartis ( NVS ) suffered a setback when the U.S. Food and Drug Administration (FDA) issued a Complete Response Letter (CRL) to its Biologics License Application (BLA) for pipeline candidate... Read >>

Update on Glaxo's Darapladib - Analyst Blog

Most companies in the pharma biotech space spend heavily in developing their pipelines. Successful development and subsequent commercialization of pipeline candidates augment their top line.... Read >>

AES Corp to Boost Nat Gas Generation - Analyst Blog

Indianapolis Power & Light (IPL), a subsidiary of The AES Corporation ( AES ), received the regulatory approval for the construction of two natural gas projects. The company will construct a... Read >>

Raytheon Unit to Maintain North Warning System - Analyst Blog

Aerospace and defense major Raytheon Co. ( RTN ) announced that its unit  Raytheon Canada Limited has been awarded a contract by Public Works and Government Services Canada for operations and... Read >>

PostNord Renews CGI Contract - Analyst Blog

CGI Group, Inc. ( GIB ) announced that PostNord, a leading communications and logistics solutions provider, has renewed its application outsourcing contract with CGI until May 2017. Per the... Read >>

Caterpillar to Grow vs. Bleak Mining Backdrop - Analyst Blog

On May 15, 2014, we issued an updated research report on Caterpillar Inc. ( CAT ). Caterpillar delivered a 22% increase in its first quarter 2014 earnings to $1.61 per share. The numbers outshone... Read >>