Author: Devin Weiss

Brazilian electric utility, Companhia Energetica de Minas Gerais (CIG), also known as CEMIG, was recently downgraded by us from Outperform to a Neutral recommendation. Cemig, the fifth largest electricity generator in Brazil,...

Kirkland’s Inc. (KIRK) reported a second quarter fiscal 2012 loss of 11 cents per share, which was wider than the Zacks Consensus Estimate for a loss of 8 cents. The loss was also wider than the year-ago loss of 2 cents,...

Statoil ASA (STO) has made an oil discovery in the Geitungen prospect in production license 265 (PL265), offshore Norway. The exploration well 16/2-12 – located between the Johan Sverdrup discovery and the 16/2-9S Aldous...

Dow AgroSciences, the wholly owned subsidiary of The Dow Chemical Company (DOW), announced the launch of its herbicide tolerant and insect-resistant POWERCORE maize in Argentina. It is the first product to be approved in...

DARPA Picks Up Year 2 Option Brian Marckx, CFA This morning Aethlon Medical (AEMD) announced that DARPA has picked up the second-year option of the five-year $6.8 million DLT contract which will pay the company up to $1.6...

Shares of Best Buy Company Inc. (BBY) nosedived over 9% to $16.45 in the pre-market trading hours today as investors turned jittery following the weaker-than-expected second-quarter 2013 results. Earnings of this consumer...

CIT Group Inc. (CIT), which has been redeeming notes for quite sometime now, announced its decision to redeem the remainder of $681 million of its 7% Series C senior unsecured notes. These notes mature in 2016 and will be...

Toll Brothers, Inc. (TOL), one of the leading luxury homebuilders in the U.S., is all set to unveil its third quarter 2012 results on August 22, 2012, after the market closes. The Zacks Consensus Estimate is calling for 18 cents...

Immunovaccine Inc.: Initiation with an Outperform rating By Grant Zeng, CFAImmunovaccine (V.IMV) is a clinical stage biotechnology company focused on the development and advancement of its DepoVax(TM) vaccine-adjuvanting...

Hersha Hospitality Trust (HT),a real estate investment trust (REIT), has recently acquired the remaining 50% ownership stake in the 130-room Courtyard by Marriott hotel located in Ewing, a sub-market of Princeton, New Jersey....