Author: Devin Weiss

Integrated oil and gas company TOTAL S.A. (TOT) announced that its unit Total E&P Philippines B.V. acquired a 75% interest in the offshore Block SC56, located in the Sulu Sea, from Mitra Energy (Philippines SC-56) Limited...

Recently, health care products major Covidien plc. (COV) has been hit by a number of product recalls, the most significant being the voluntary recall of the Duet TRS Universal Straight and Articulating Single-Use Loading Units...

Brinker International Inc. (EAT) recently hiked its quarterly dividend payout by 4 cents to 20 cents per share, reflecting a 25.0% increase from the prior dividend payout. This equates to an annual payout of 80 cents per share....

Recently, Discover Financial Services (DFS) announced a partnership with eBay Inc.’s (EBAY) PayPal under which the latter’s customers will have access to Discover’s merchant network. According to Reuters,...

Kinder Morgan Energy Partners L.P. (KMP) has inked a deal with oil refiner Phillips 66 (PSX) for the transportation of Eagle Ford crude and condensate to the latter’s Sweeny refinery in Brazoria County, Texas. Per the...

The residual portion of American International Group’s (AIG) mortgage-backed securities in the Maiden Lane III LLC portfolio, held by the Federal Reserve Bank of New York (“Fed”), has been sold, according to...

We have maintained our Neutral rating on The Coca-Cola Company (KO) following the appraisal of second quarter 2012 results. The Coca-Cola Company delivered adjusted operating earnings of $1.22 per share in the second quarter of...

We are downgrading our long-term recommendation on Archer Daniels Midland Company (ADM) to ‘Underperform’ from ‘Neutral’, based on disappointing fourth quarter 2012 results. This leading food processing...

The Seoul Central District Court of South Korea banned both Apple Inc. (AAPL) and Samsung from selling some of their devices, according to Bloomberg. The South Korean court ruled that both companies were guilty of infringing on...