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- Genzyme's Problems Continue with Discontinuation of Kidney Drug Development
- Zacks.com submits: Genzyme Corporation’s GENZ problems continue with the company recently announcing the discontinuation of the development of its kidney disease drug. Genzyme reported results on its advanced phosphate binder (APB) from a phase II/III study. Although the candidate met its primary endpoint, results showed that it...
- External links 2009-11-19
- CenterPoint and FPL Turning Attention to Louisiana Natural Gas
- Zacks.com submits: A subsidiary of CenterPoint Energy Inc. CNP and NextEra US Gas Assets LLC, an affiliate of FPL Group Inc. FPL signed an agreement to explore the construction of a pipeline in north Louisiana. The new pipeline will transport natural gas from the Haynesville Shale area. The...
- External links 2009-11-20
- Sears Reports Third Quarter Loss
- Zacks.com submits: Sears Holding Corp. SHLD, the fourth largest broadline retailer in the U.S., reported a third-quarter loss of $127 million or $1.09 per share compared to a loss of $146 million or $1.16 per share in the year-earlier quarter. Although Sears managed to reduce its quarterly loss...
- External links 2009-11-19
- Boeing Delivers First New, Efficient 777
- Zacks.com submits: Boeing Co. BA delivered its first 777-300ER Extended Range airplane to GE Capital Aviation Services and its lease customer Philippine Airlines. It is the first 777 in the fleet of Philippine Airlines. The aircraft was packed with relief supplies for victims of Typhoon Ketsana. The...
- External links 2009-11-19
- AmEx to Acquire Revolution Money for $300 Million
- Zacks.com submits: American Express Company AXP said on Wednesday that it will acquire Internet payment platform Revolution Money for about $300 million. The deal is expected to close in early 2010. Following the closure of the deal, Revolution Money would operate as a subsidiary of AmEx. The...
- External links 2009-11-19
- NetApp Tops in Second Quarter, Outlook Positive
- Zacks.com submits: NetApp Inc. NTAP reported second-quarter EPS of 37 cents, exceeding the Zacks Consensus estimate of 19 cents per share. Revenues by Zacks.com
- External links 2009-11-19
- Gymboree Q3: Beats Estimates on Higher Revenues, Guides Lower
- Zacks.com submits: The Gymboree Corp. GYMB reported its fiscal third quarter results after the closing bell on Wednesday. The company posted earnings of $34.8 million, a growth of 12.6% from $30.9 million recorded in the year-ago period. Earnings per share came in at $1.15, which topped the Zacks...
- External links 2009-11-19
- Ford Focuses on Asia
- Zacks.com submits: Ford Motor F has released plans suggesting an intense focus on its operations in China and India. The company looks forward to adding 250,000 units to its annual production capacity, taking both countries into account. Ford Motor has announced the launch of production of its small...
- External links 2009-10-01
- Housing Construction Rises Slightly
- Zacks.com submits: In August, total spending on construction rose to a seasonally adjusted annual rate of $941.9 billion, a 0.8% increase from the July rate of 934.6 billion. Through the first eight months of the year, construction spending has totaled $629.5 billion, down 11.9% from the $714.3 billion...
- External links 2009-10-01
- Penske Walks Away from Saturn
- Zacks.com submits: Penske Automotive Group PAG has declined to buy the Saturn brand from General Motors, despite nearing the end of the deal. The spokesperson of the Michigan-based second leading automotive retailer in the U.S. has explained that Penske was unable to find a manufacturer to make the...
- External links 2009-10-01
- Constellation Brands Reports Strong Quarter
- Zacks.com submits: Constellation Brands Inc STZ, a leading global wine, spirits and other beverage producing company, reported strong fiscal 2010 second quarter results with earnings excluding non-recurring items of 54 cents per share – a 20% increase year over year. The earnings also exceeded the Zacks Consensus Estimate...
- External links 2009-10-01
- China Unicom to Launch 3G Service
- Zacks.com submits: Second-largest Chinese wireless carrier China Unicom CHU will officially launch commercial 3G wireless services on Oct 1, 2009 across 285 Chinese cities. This coincides with the company's launch date of Apple Inc.'s AAPL iPhone in mainland China. China Unicom initially announced that it will commence commercial...
- External links 2009-09-30
- Time Warner Cable Begins Wideband Deployment
- Zacks.com submits: Time Warner Cable Inc TWC has recently deployed its first next-generation DOCSIS 3.0 also called Wideband service in New York City. With this, TWC has established itself as a formidable player to counter the threat from high-speed FiOS network of Verizon Wireless VZ. Earlier this month,...
- External links 2009-09-30
- Laswson Software: Earnings Preview
- Zacks.com submits: Lawson Software, Inc. LWSN is expected to report fiscal first quarter results on Sep 30, 2009. Based in Minnesota, Lawson is a leading provider of enterprise resource planning (ERP) software solutions and professional services to mid-market enterprises in the health care, retail, public and professional service...
- External links 2009-09-30
- Southwest Offers Discounted Fares to Boost Revenue
- Zacks.com submits: Southwest Airlines LUV Tuesday announced discounted fares for winter travel. The discounts were offered in order to increase travel to make up for the lost revenue due to the recession. Southwest has been hit hard by slowing demand due to the recession and...
- External links 2009-09-30
- Good News for Novartis
- Zacks.com submits: Early Wednesday morning, Novartis AG NVS announced that data from a two year late-stage study showed that its oral drug FTY720 fingolimod was significantly superior to placebo in reducing relapses and disability progression in patients with relapsing-remitting multiple sclerosis (MS). The double-blind placebo-controlled study, called FREEDOMS...
- External links 2009-09-30
- Nike Beats, Positioned Well for Global Recovery
- Zacks.com submits: Nike Inc. NKE, a leading global sportswear and equipment supplier, has recently reported better-than-expected results for the first quarter of fiscal 2010, with net income of $513.0 million or $1.04 per share compared to $510.5 million or $1.03 per share in the year-earlier quarter. The earnings...
- External links 2009-09-30
- Micron Reports Beat Q4
- Zacks.com submits: Micron Technology Inc. MU, a provider of advanced semiconductor solutions fourth-quarter of 2009 earnings beat the Zacks Consensus Estimate by 9 cents. The company posted a net loss of 10 cents per share, much better than the 45 cents loss reported in the year-ago period and...
- External links 2009-09-30
- Monster: Job Demand Dips
- Zacks.com submits: Thursday, Monster Worldwide Inc. MWW came out with its monthly employment index – The Monster Employment Index. This index observes online job demand on a monthly basis, and it dipped slightly in September after an expected significant rise in August due to recruitment activity in late...
- External links 2009-10-01
- ConAgra Foods Raises Dividend
- Zacks.com submits: Last week, ConAgra Foods Inc. CAG raised its regular quarterly dividend by a 1 cent to 20 cents based on encouraging results for the first quarter of fiscal year 2010. The company has decided to pay the dividend on Dec. 1 to shareholders of record Oct....
- External links 2009-10-01
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