Articles in Business

Francesca's Slips to Strong Sell on Poor Q3 & FY Outlook Cut - Analyst Blog

Zacks Investment Research downgraded Francesca's Holdings Corp. ( FRAN ) to a Zacks Rank #5 (Strong Sell) on Dec 16 after the company reported poor third quarter fiscal 2014 results and lowered... Read >>

Tesla (TSLA) Down on Target Price Cut by Morgan Stanley - Analyst Blog

Share price of Tesla Motors, Inc. ( TSLA ) declined to $192.65 on Dec 17, 2014 after Morgan Stanley ( MS ) decreased the sales outlook and cut the target price for the stock to $290 from $320.... Read >>

Apollo Global (APO) Invests $570M in Leighton's Services Arm - Analyst Blog

Apollo Global Management, LLC ( APO ) is set to buy half of the services arm of Australia's biggest builder, Leighton Holdings Ltd, for $570 million. Leighton's services business is one of the... Read >>

XL Group in Talks to Buy Catlin, Increases Alternative Capital - Analyst Blog

XL Group plc ( XL ) is in talk with Catlin Group Ltd. to acquire the latter and form a combined entity. If the companies work out the acquisition and the subsequent merger, these would need... Read >>

Halozyme Up on Collaboration and Licensing Deal with J&J - Analyst Blog

Shares of Halozyme Therapeutics, Inc. ( HALO ) jumped around 13.2% after announcing a worldwide collaboration and license agreement with Johnson & Johnson ( JNJ ). As per the agreement, the... Read >>

JPMorgan Expands in Asia, Buys Aviva's Real Estate Business - Analyst Blog

JPMorgan Chase & Co. ( JPM ) expands into the Asia Pacific area by purchasing a property platform in Australia, Japan and Singapore. The asset management division of the largest bank of the... Read >>

JLL to Offer Integrated Real Estate Solutions to Spanish BBVA - Analyst Blog

Of late, Jones Lang LaSalle Incorporated ( JLL ) has reason to cheer. Just a couple of days after receiving a credit rating upgrade from Standard & Poor's (S&P), the company has clinched a... Read >>

Celanese (CE) to Increase Price of Acetic Anhydride - Analyst Blog

Celanese Corporation ( CE ), a global leader in the chemical and specialty materials space, has decided to hike the list and off list selling prices of acetic anhydride in the Americas by $50 per... Read >>

NPS Pharmaceuticals and Shire Up on Takeover Rumors - Analyst Blog

NPS Pharmaceuticals, Inc. ( NPSP ) and Shire ( SHPG ) were up 18.5% and 3.1%, respectively, after a report from Bloomberg indicated that the latter is considering a potential acquisition of the... Read >>

Discover Financial Inorganic Growth Solid, Cost Woes Linger - Analyst Blog

On Dec 18, 2014, we issued an updated research report on Discover Financial Services ( DFS ). The company's strength lies in its strong inorganic growth story and solid cash position that also... Read >>