Author: Devin Weiss

The reduction in Mexico’s central bank interest rate from 7.75% to 7.5% has forced down borrowing costs on floating-rate securities. Thus, Telefonos de Mexico (TMX or Telmex), Mexico’s leading fixed-lined phone...

Plexus Corp. (PLXS) is set to announce third-quarter financial results for the period ended July 4, 2009 on July 29. Senior management will host a live webcast and conference call to review the results on July 30. Plexus had...

Weatherford Weathers Downturn on International Strength Weatherford International (WFT), which recently moved its corporation to Switzerland from Bermuda, is a leading manufacturer and provider of equipment and services used in...

Standard & Poor’s Upgrades McClatchy’s Corporate Rating On Tuesday June 30, 2009, Standard & Poor’s raised its corporate credit rating for newspaper publisher McClatchy (MNI) to “CC” (highly...

Telus kick-starts satellite TV services in Western CanadaTelus Corporation (TU) has officially launched its new satellite TV services in Alberta and British Columbia through a joint-venture with Bell Canada, a subsidiary of BCE...

Shares of Manhattan Associates Inc. (MANH) have tumbled more than 8% after slashing its second-quarter outlook. The developer of supply chain software now anticipates adjusted earnings of 8 cents to 12 cents per share, compared...

According to the research group Gartner, the outlook for the semiconductor equipment industry is showing signs of improvement, as it appears that capital equipment spending bottomed out in the second quarter of 2009. Most...

Bob Evans Farms Inc.’s(BOBE) share price has entered into oversold territory with a stochastic value of 19.92. The Zacks #1 Rank (“Strong Buy”) stock has topped the consensus forecast in 3 out of last 4...

Alexion Pharma (ALXN) is looking for label expansion of its only marketed product Soliris. At present, Soliris is used for treating a chronic disease Paroxysmal Nocturnal Hemoglobinuria (PNH) where red blood cells are destroyed...

Cobiz Financial Inc.’s(COBZ) MACD indicator has moved into bearish territory with a reading of -0.0208. The Zacks #5 Rank (“Strong Sell”) stock has declined by more than 1% to $6.42 in morning trade. The...