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Stocks in Focus: Salix Pharmaceuticals (NASDAQ:SLXP), Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR-A), Hertz Global (NYSE:HTZ), Diamondback Energy (NASDAQ:FANG), GasLog Partners (NYSE:GLOP)
Valeant Pharmaceuticals International, Inc. issued the below statement in response to Endo International PLC’s unsolicited offer to acquire Salix Pharmaceuticals Ltd. (NASDAQ:SLXP): “We are firmly committed to our all-cash agreed transaction, which delivers immediate and certain value to Salix shareholders. The tender offer is scheduled to expire at the end of the day on March…
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Notable Moves: Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR-A), China Sunergy Co. (NASDAQ:CSUN), B2Gold Corp. (NYSEMKT:BTG), Primoris Services (NASDAQ:PRIM), Sykes Enterprises (NASDAQ:SYKE)
Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR-A) plans to sell $13.7 billion in assets in the next two years after a corruption probe limited access to overseas debt markets. On Tuesday shares of Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR-A) closed at $6.49. China Sunergy Co Ltd (NASDAQ:CSUN) cut its net loss for the second quarter (Q2)…
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Stocks to Watch: XOMA Corporation (NASDAQ:XOMA), Petroleo Brasileiro Petrobras (NYSE:PBR-A), Genesee & Wyoming (NYSE:GWR), MainSource Financial Group (NASDAQ:MSFG), Fred’s (NASDAQ:FRED)
XOMA Corporation (NASDAQ:XOMA), announced the Company will host a conference call on Wednesday, March 11, 2015, at 4:30 p.m. Eastern Standard Time to discuss fourth quarter and full year 2014 financial results and provide an update on gevokizumab’s global clinical programs. On Monday shares of XOMA Corporation (NASDAQ:XOMA) closed at $3.74. Company’s sales growth for…
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What’s Hot: Yum! Brands (NYSE:YUM), Boston Scientific Corporation (NYSE:BSX), Shenandoah Telecommunications Co. (NASDAQ:SHEN), Petroleo Brasileiro Petrobras SA (NYSE:PBR-A), Gigamon Inc. (NYSE:GIMO)
Yum! Brands, Inc. (NYSE: YUM) announced the Company will present at the Bank of America Merrill Lynch 2015 Consumer & Retail Conference on Tuesday, March 3rd, 2015 in New York, NY at approximately 10:30 a.m. ET. The next day, Yum! Brands, Inc. will present at the UBS Global Consumer Conference on Wednesday, March 4th, 2015…
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Top Morning News: AT&T (NYSE:T), Petroleo Brasileiro Petrobras (NYSE:PBR-A), AeroVironment (NASDAQ:AVAV), Nuveen Municipal High Income Opportunity Fund (NYSEMKT:NMZ), ServiceSource International (NASDAQ:SREV)
AT&T Inc., (NYSE:T) Dallas, plans to contribute $735 million to its pension funds in 2015, the company’s recently filed 10-K shows. The contribution will come from cash distributions from its wireless business. AT&T contributed $562 million to its pension funds in 2014, the filing said. On Tuesday shares of AT&T, Inc. (NYSE:T) closed at $34.05.…
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5 Stock in Different Moves: Petroleo Brasileiro Petrobras (NYSE:PBR-A), Ericsson (NASDAQ:ERIC), Houghton Mifflin Harcourt Company (NASDAQ:HMHC), Google Inc (NASDAQ:GOOG), Facebook Inc (NASDAQ:FB)
Vetr Inc. downgraded shares of Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR-A) from a strong-buy rating to a buy rating. Their analysts now have a $12.62 price target on that stock. On Monday shares of Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR-A) closed at $6.59. Ericsson (NASDAQ:ERIC) and Swedish financial group SEB have announced an innovative joint…
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Active Movers: Huntington Bancshares Incorporated (NASDAQ:HBAN), Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR-A), MDC Holdings Inc. (NYSE:MDC), Citigroup Inc. (NYSE:C), Nielsen Holdings (NYSE:NLSN)
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Watch 5 Stocks: Discovery Communications (NASDAQ:DISCK), Petroleo Brasileiro Petrobras SA (NYSE:PBR-A), Netflix (NASDAQ:NFLX), Google Inc (NASDAQ:GOOG), American Tower Corporation (NYSE:AMT)
Discovery Communications Inc. (NASDAQ:DISCK) plans to expand its Nordic over-the-top service Dplay to more European markets this year and grow its online Eurosport Player by taking more sports rights. Announcing the plans of Discovery’s fourth quarter earnings call, company president and CEO David Zaslav also said that Discovery plans to acquire “specialty rights at a…
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Investor’s Alert: ZIOPHARM Oncology (NASDAQ:ZIOP), Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR-A), Mattersight Corporation (NASDAQ:MATR), CoreLogic (NYSE:CLGX), Dynasil Corporation (NASDAQ:DYSL)
On February 3, ZIOPHARM Oncology, Inc. (Nasdaq:ZIOP) announced that it has priced its previously announced underwritten public offering of common stock consisting of 10,000,000 shares at a public offering price of $8.75 per share. On Wednesday shares of ZIOPHARM Oncology, Inc. (NASDAQ:ZIOP) closed at $9.06. Three workers died and four others were injured in an…
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Top Morning News: Petroleo Brasileiro Petrobras (NYSE:PBR-A), VSE Corp. (NASDAQ:VSEC), CVS Health Corporation (NYSE:CVS), Imation Corp. (NYSE:IMN), Omnicom Group Inc. (NYSE:OMC)
The new chief executive officer of Brazil’s Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR-A) said on Tuesday that he has full autonomy to dictate its own fuel-pricing policy and protect cash, even as he questioned the size of losses stemming from a giant corruption scandal. On Tuesday shares of Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR-A) closed…