Author: Devin Weiss

Yesterday, Unisys (UIS) announced a commencement of its exchange offers for four sets of senior notes. The company also said that the previously announced offer to exchange a portion of the senior notes and its concurrent notes...

China Unicom’s 3G venture remains on trackChina Unicom Hong Kong Limited (CHU), the second largest wireless service provider in China, has reportedly commenced commercial trials of its 3G wireless services in an additional...

In June, the economy dropped 467,000 jobs, bringing the official (U-3) unemployment rate up to 9.5%, its highest level since the recession of the early 1980’s. In some ways this was a mirror image of the May report, which...

Miami Land Sale Delayed by Six More MonthsMiami land sale deal between McClatchy (MNI – the seller) and Citisquare Group (the buyer) was extended for the second time after the latter failed to exercise its option to buy...

J&J Acquires Key Assets From ElanThis morning, Johnson & Johnson (JNJ) announced a definitive agreement whereby J&J will acquire substantially all of the assets and rights to Elan’s (ELN) Alzheimer’s...

The Unemployment Rate for June increased to 9.5%, the highest level in 25 years, expected to increase to 9.6%, following a 9.4% reading in May, 8.9% in April, and 8.5% reading in March; in other words, the unemployment rate...

We upgrade our rating to Buy for Alvarion Ltd (ALVR), a pure-play wireless solutions provider. This follows a series of impressive contract awards to deploy several large-scale wireless systems. The value of one of these...

In last week’s edition of Trading Tools, we examined The Coca-Cola Company (KO), after the Zacks Unusually High Option Volume screener revealed the blue chip was the target of a ratio vertical put spread. Utilizing the...

You know it’s a tough day on the market when a gain of approximately 1% is enough to make the Zacks #1 Rank Top Performers List. But, such is the case for Advance Auto Parts, Inc. (AAP) as we head into the Fourth of July...

Apollo Group (APOL) continues to top Wall Street estimates and has once again sent analysts scrambling to catch up. Company Description Apollo Group, Inc. has been providing higher education to working adults for over 25 years....