Articles in Business

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BB&T Reserves $85M for Potential Fine on FHA Loans - Analyst Blog

Winston Salem, NC based BB&T Corporation ( BBT ) has recorded a contingent charge of $85 million in its latest SEC filing. The charge pertains to a potential fine that BB&T might have to... Read >>

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Priceline (PCLN) Prices EUR 1B Unsecured Senior Notes - Analyst Blog

Priceline.com ( PCLN ) recently announced the pricing of Senior Unsecured Notes aggregating €1 billion, carrying a coupon rate of 1.8% due in 2027 in an underwritten public offering. Priceline... Read >>

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Prologis (PLD) Increases Dividend by 9%: Should You Buy? - Analyst Blog

Ushering in good news for its shareholders, Prologis Inc. 's ( PLD ) Board approved a 9% hike in its annual dividend rate to $1.44 from $1.32 paid earlier. As a result, the company would now pay... Read >>

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BofA Ends Legal War Over Fontainebleau, to Pay $300M - Analyst Blog

Bank of America Corporation ( BAC ) has settled its lawsuit related to Fontainebleau Las Vegas, LLC by agreeing to reimburse $300 million, as disclosed by the bank in its regulatory filing... Read >>

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Walgreens Boots: Market Optimism on Merger Makes It a Buy - Analyst Blog

On Feb 24, 2015, Zacks Investment Research upgraded Walgreens Boots Alliance ( WBA ) to a Zacks Rank #2 (Buy). The completion of Step 2 of the Walgreens and Alliance Boots merger deal saw the... Read >>

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Medtronic's VenaSeal Wins FDA Nod for Vericose Veins Cure - Analyst Blog

The U.S. Food and Drug Administration (FDA) has recently cleared Medtronic plc 's ( MDT ) VenaSeal closure system for use in the treatment of patients in the U.S., who suffer from venous reflux... Read >>

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Principal Financial Approves $150M Share Buyback Program - Analyst Blog

The board of directors of Principal Financial Group, Inc . ( PFG ) approved a new share buyback program in a concerted effort to return more value to shareholders. The new approval authorizes the... Read >>

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DuPont (DD), MCR Safety Launch New Kevlar Glove - Analyst Blog

DuPont 's ( DD ) unit, DuPont Protection Technologies, and MCR Safety announced the launch of a new cut resistant glove Memphis Orange with Kevlar. The thinner and more flexible glove provides... Read >>

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Simon Property (SPG) to Form $1.8B JV with Hudson's Bay - Analyst Blog

Retail real estate investment trust ("REIT") Simon Property Group Inc. ( SPG ) has agreed to team up with Canada's firm, Hudson's Bay Company ("HBC"), to form a U.S. Joint... Read >>

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Briggs & Stratton Launches New Starter Technology - Analyst Blog

In an attempt to make starting lawn mowers easier, Briggs & Stratton Corporation ( BGG ) has introduced its easiest electric starting engine ever InStart. The company combined the power of... Read >>