Author: Devin Weiss

We retain our Neutral recommendation on Abiomed Inc (ABMD) following the company’s record first-quarter fiscal 2013 results which edged past the Zacks Consensus Estimates. Adjusted earnings per share came in at 8 cents,...

Leading health care products company, Covidien plc. (COV) recently received 510(k) approval from the U.S. Food and Drug Association (FDA) for its iDrive Ultra powered stapling system. It is a first of its kind fully powered,...

Target Corporation (TGT), posted strong sales results for the four-week period ended August 25, 2012. Target, the operator of general merchandise and food discount stores in the United States, registered an increase of 4.2% in...

Health insurer Aetna Inc. (AET) announced that it has renewed the agreement with Novant Health Care. According to the new agreement, the latter will continue to provide its healthcare related service to Aetna’s members. A...

Chemical and industrial products behemoth E. I. du Pont de Nemours and Company (DD) struck a deal with private equity firm Carlyle Group to divest its performance coatings business for $4.9 billion in cash. The transaction is...

Nokia Corporation (NOK) was hard hit as Samsung Electronics Co. unveiled its new Windows Phone8 software-based smartphones. Samsung places it in direct competition with Nokia’s Lumia smartphones. Samsung became the first...

PULSE, a unit of Discover Financial Services (DFS), has announced an extension of its network provider agreement with Motorola Employees Credit Union (“MECU”). Per the new agreement, MECU’s 39,000 members will...

In an attempt to expand its operational roots, Cabela’s Inc. (CAB), is all set to serve the residents of Regina, Saskatchewan, Canada, by adding a new store. This new offering will furnish the residents of the region an...

We are maintaining our Neutral recommendation on Vale S.A. (VALE) based on the optimism stemming from the worldwide demand upside for metals and minerals owing to industrial development. The industrial development is expected to...

MAA (MAA), an apartment-only real estate investment trust (REIT), has recently completed the acquisition of Haven at Blanco — a 436-unit multifamily apartment community in San Antonio, Texas. The property was acquired from...