Articles in Business

CBI Wins $85M Shah Deniz Deal - Analyst Blog

4/15/2014, 3:40 pm from in Investing, Business, Stocks

Chicago Bridge & Iron Company N.V. ( CBI ) recently announced that it has received an $85 million contract from a consortium led by BP plc ( BP ) for the Shah Deniz Stage II project. … Read More

Higher Costs Drag on Northern Trust Earnings - Analyst Blog

4/15/2014, 3:34 pm from in Investing, Business, Earnings, Stocks

Higher expenses led Northern Trust Corp. ( NTRS ) to report first quarter 2014 earnings of 75 cents per share, missing the Zacks Consensus Estimate of 78 cents. However, this compared favorably… Read More

Kinder Morgan's TGP Capacity 100% Booked - Analyst Blog

4/15/2014, 3:30 pm from in Investing, Business, Stocks

A leading master limited partnership (MLP) Kinder Morgan Energy Partners, L.P. ( KMP ) announced that the partnership's Tennessee Gas Pipeline Company (TGP) has awarded 100% of the capacity… Read More

Safeway Closes Blackhawk Share Allocation - Analyst Blog

4/15/2014, 3:20 pm from in Investing, Business, Stocks

As expected, Safeway Inc. ( SWY ) completed the distribution of all the 37.8 million shares of Blackhawk Network Holdings ( HAWK ) Class B common stock to its shareholders. With this, Safeway… Read More

Edwards Lifesciences' Gain, Medtronic in Pain - Analyst Blog

4/15/2014, 3:10 pm from in Investing, Business, Stocks

Shares of Edwards Lifesciences Corp. ( EW ) soared 11% to close at $81.00 as on Apr 14 with the company's shares surging in the wake of a favorable ruling by U.S. District Court for the District… Read More

The New Wave in Covidien's Endoscopic Devices - Analyst Blog

4/15/2014, 3:00 pm from in Investing, Business, Stocks

Irish medical device giant Covidien plc ( COV ) recently acquired Florida based New Wave Surgical for more than $100 million. Shares of Covidien rose 1.3% in the trading session following the… Read More

Owens & Minor Raised to Buy - Analyst Blog

4/15/2014, 2:50 pm from in Investing, Business, Stocks

On Apr 15, Zacks Investment Research upgraded Owens & Minor Inc. ( OMI ) to a Zacks Rank #2 (Buy) from a Zacks Rank #3 (Hold).Why the Upgrade? OMI has been witnessing rising earnings… Read More

U.S. Bancorp Buys Biz from Ally Bank - Analyst Blog

4/15/2014, 2:40 pm from in Investing, Business, Stocks

On Monday, U.S. Bancorp ( USB ) announced a deal to purchase the document custodian business of Detroit based Ally Bank. This transaction follows the string of investments that U.S. Bancorp has… Read More

Starwood to Debut Element in Bozeman - Analyst Blog

4/15/2014, 2:30 pm from in Investing, Business, Stocks

Starwood Hotels & Resorts Worldwide Inc. ( HOT ) is set to unveil an Element branded hotel in Bozeman, MT. Christened Element Bozeman, the hotel is slated to open in Jun 2015 and will mark… Read More

Encana Initiates Alberta Properties Spinoff - Analyst Blog

4/15/2014, 2:20 pm from in Investing, Business, Stocks

Upstream operator Encana Corporation ( ECA ) has announced the filing of initial prospectus related to the spinoff of its gas and oil resources in Western Canada. The plan reflects the company's… Read More