Lender Processing Stays At Neutral

We are reiterating our Neutral recommendation on Lender Processing Services Inc. (NYSE:LPS), following the company’s earnings release. The company is a provider of integrated technology and outsourc...

Tags:

Nordstrom Plans Rack Store In Texas

Nordstrom Inc. (NYSE:JWN) plans to open a 35,455 square foot new Rack discount store at The Market at Town Center in Sugar Land, Texas in fall 2011. This follows Nordstrom’s first 31,000 square foot...

Tags:

Marathon Continues To Be Neutral

We have retained our Neutral recommendation for Marathon Oil Corporation (NYSE:MRO) following its second-quarter earnings release. Our decision reflects the leading integrated oil and gas company̵...

Tags:

Pfizer’s Sutent Disappoints Again

Pfizer Inc.’s (NYSE:PFE) Sutent faced yet another development setback when the company announced that the candidate failed to achieve its primary endpoint in a late-stage study (SUN 1087) that was b...

Tags:

Kinross Acquires Dvoinoye Deposit

Kinross Gold Corporation (NYSE:KGC) has acquired a 100% interest in Russia’s Dvoinoye deposit and the Vodorazdelnaya exploration and mining licenses by taking over the Northern Gold LLC and Regionru...

Tags:

BP (NYSE:BP) - Co. will sell Malaysian Ethylene and Polyethylene interests to Petronas. Petronas will, at closing, pay USD 363mln in cash to co. Both parties anticipate completing the transaction by...

Tags:

Novartis’ Tekamlo Gains FDA Nod

Novartis (NYSE:NVS) recently received a boost with the US Food and Drug Administration (FDA) approving Tekamlo for the treatment of high blood pressure. Tekamlo is a combination of Novartis’ Tekturn...

Tags:

HIW To Develop Build-to-Suit Asset

Highwoods Properties Inc. (NYSE:HIW), a real estate investment trust (REIT), has recently announced that it would develop a new eight-storied building in Kansas City for law firm Polsinelli Shughart. ...

Tags:

TAM Remains Neutral

We reiterate our Neutral recommendation on TAM S.A. (NYSE:TAM) and remain optimistic on its proposed merger with LAN Airlines S.A. (NYSE:LFL), to be christened LATAM Airlines Group S.A. (LATAM). Accor...

Tags:

Fresenius To Add Gambro’s PD Unit

Germany-based Fresenius Medical Care (NYSE:FMS), the world’s largest provider of services for dialysis patients, recently announced that it has entered into an agreement with Stockholm-based Gambro ...

Tags: