Articles in Business

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AbbVie Raises Outlook amidst Shire Takeover Attempts - Analyst Blog

AbbVie Inc. ( ABBV ), which is currently looking to buy UK based Shire ( SHPG ), raised its 2014 adjusted earnings guidance. AbbVie now expects full year diluted adjusted earnings in the range of... Read >>

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Eaton Settles Meritor Litigation, Hits 52-Week High - Analyst Blog

Eaton Corporation plc ( ETN ) and Meritor Inc. ( MTOR ) signed an agreement to settle the anti trust lawsuit filed in 2006. Per the agreement, Eaton Corp. will pay $500 million to ZF Meritor LLC... Read >>

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Denbury Shows Stability on Strong Fundamentals - Analyst Blog

On Jun 18, 2014, we issued an updated research report on Denbury Resources Inc. ( DNR ). With its unique profile, compelling economics and unmatched infrastructure, Denbury is nicely positioned to... Read >>

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Abbott Labs to Buy Russia-Based Veropharm - Analyst Blog

Abbott Laboratories ( ABT ) announced a definitive agreement to acquire Russia based pharmaceutical manufacturer Veropharm for approximately $395 million $495 million (13.6 billion rubles 17... Read >>

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Transocean Unit Applies for $350M IPO - Analyst Blog

Transocean Partners LLC a master limited partnership (MLP) formed by offshore drilling giant, Transocean Ltd. ( RIG ) has filed for an initial public offering (IPO). The MLP intends to list its... Read >>

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NVR Unveils Another Model Townhome in NJ - Analyst Blog

Ryan Homes, a division of NVR, Inc. ( NVR ), announced the opening of a new Wexford townhome model at the community of Villages at Parkers Mill. Located in Mount Holly, NJ, the townhomes are... Read >>

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Berkshire Hathaway Credit Rating Retained, Outlook Upped by S&P - Analyst Blog

Warren Buffett's Berkshire Hathaway Inc. ( BRK.B ) saw its credit rating reiterated by Standard & Poor's (S&P). The outlook was, however, moved to stable from negative as the credit review... Read >>

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Allergan Rejects Valeant's Deal - Analyst Blog

Allergan, Inc. ( AGN ) announced that it has once again rejected the acquisition offer from Valeant Pharmaceuticals International, Inc. ( VRX ). Valeant has been relentlessly pursuing Allergan... Read >>

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Umpqua Bank to Consolidate 27 Stores Post Sterling Merger - Analyst Blog

Umpqua Bank, a subsidiary of Umpqua Holdings Corporation ( UMPQ ), announced its intention to consolidate 27 stores in the current year. The decision follows the Apr 2014 merger with Sterling... Read >>

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Alaska Airlines Continues Seattle Expansion with Tampa Service - Analyst Blog

Alaska Airlines Group Inc. ( ALK ) has added a daily round trip service from Seattle to Tampa, FL a gradually expanding tourist destination. The nonstop year round service aims to save on... Read >>