Author: Devin Weiss

Hyatt Hotels Corporation (H) recently announced that a Hyatt affiliate inked a management agreement with an affiliate of Island Hospitality Partners, LLC to unveil Hyatt Place Manat?, Puerto Rico in early 2014. This is not the...

Roche Holdings Ltd. (RHHBY) recently announced results from its phase III study (EMILIA study) of trastuzumab emtansine (T-DM1). The study showed that trastuzumab emtansine significantly improved overall survival (OS) in people...

The risk reward equation of the leading fashion retailer Nordstrom Inc. (JWN), remains balanced, following the company’s better-than-expected second quarter 2012 results, upbeat guidance, store expansion plans and strong...

GlaxoSmithKline (GSK) and Theravance, Inc. (THRX) recently announced that they have completed the phase III program for their pipeline candidate, LAMA/LABA (UMEC/VI), for chronic obstructive pulmonary disease (COPD). LAMA/LABA...

We reiterate our Neutral recommendation on DENTSPLY International Inc. (XRAY). Its second quarter 2012 adjusted earnings per share of 62 cents beat the Zacks Consensus Estimate of 56 cents per share. Revenues increased 25.2%...

Gap Inc. (GPS) witnessed considerable recovery in its comparable sales and total sales performance, driven by its relentless efforts to be on the growth curve. The company’s efforts have paid off well in an economy, which...

Mississippi Power Co. – a unit of Atlanta-based electric utility firm Southern Co. (SO) – recently announced that it will sell 15% of its Kemper County power plant to South Mississippi Electric Power Association...

Synopsys Inc. (SNPS) reported earnings per share (EPS) of 43 cents in the third quarter of 2012, in line with the Zacks Consensus Estimate. Revenue Revenue in the third quarter stood at $443.7 million, up 14.7% from $386.8...

MEO Australia Limited confirmed that Eni SpA (E) has drilled a shallow-water appraisal well – the Heron South-1 – in the Timor Sea, off northern Australia. The well – drilled on the NT/P68 exploration permit...

British energy major BP Plc (BP) has incurred a huge cost overrun on its Skarv project off Norway, which got deferred mainly due to supply hindrances to obtain some vital equipment and services. The company is now trying hard to...