Articles in Stocks

Morgan Stanley to Slash Jobs in Trading Biz - Analyst Blog

Morgan Stanley ( MS ) is set to retrench jobs from its fixed income currency and interest rates trading businesses, per a Wall Street Journal report. The slowdown in these business lines with... Read >>

Fortress to Fully Offload Stake in GAGFAH - Analyst Blog

New York based investment management firm Fortress Investment Group LLC ( FIG ) will finally exit from GAGFAH as it is set to vend the remaining stake in this Germany based residential property... Read >>

Updated Research Report on Staples - Analyst Blog

On Jun 6, 2014, we issued an updated research report on Staples Inc. ( SPLS ) following the company's first quarter fiscal 2014 earnings release. Staples' adjusted earnings of 18 cents per share... Read >>

International Paper's Veritiv to Trade Jun 18 - Analyst Blog

International Paper Company ( IP ) announced the timing with regard to the upcoming merger of its distribution solutions business, xpedx, with UWW Holdings, Inc. The new publicly traded company,... Read >>

Trimble Acquires MIS to Boost Mining Solutions - Analyst Blog

Trimble Navigation ( TRMB ), an original equipment manufacturer of positioning, surveying and machine control products, recently acquired privately held Mining Information Systems (MIS). The... Read >>

Bristol-Myers' RA Drug Orencia Encouraging - Analyst Blog

Bristol Myers Squibb Company 's ( BMY ) rheumatoid arthritis (RA) drug Orencia (125 mg) performed well in a phase IIIb study (AVERT n= 351). The study evaluated Orencia in combination with... Read >>


New Guru David Abrams' 2 New Stocks and 1 Increase

David Abrams ( Trades , Portfolio ) of Boston based Abrams Capital Management is a new guru. He formerly held a position at Seth Klarman (Trades, Portfolio)'s Baupost Group, and since founding his... Read >>

FIFA Sponsors Concerned About Controversy, Demand Probe - Analyst Blog

With just a day to go before the FIFA World Cup, the organizers of this huge sporting event find themselves in a spot of bother. Qatar being the host for the 2022 World Cup has raked up a... Read >>

Granite Construction to Add $31M to Q2 Backlog - Analyst Blog

Granite Construction Incorporated ( GVA ) will book $31 million in the second quarter backlog pertaining to its 41% share in the $75 million bridge reconstruction and widening contract win. The... Read >>

IBM to Sell Chip-Manufacturing Biz to Globalfoundries - Analyst Blog

Reportedly, IBM Corp. ( IBM ) has agreed to sell its loss making chip manufacturing unit to Globalfoundries. Although the financial details of the deal are not available, it is rumored that the... Read >>