Author: Devin Weiss

CA Technologies (CA) recently extended its partnership with the IT solution and managed services provider Logicalis in the U.S. The two companies extended their agreement to provide customers a more flexible enterprise-class...

BMC Software Inc. (BMC) was selected by the privately-held UK-based Specsavers for their information technology service management (ITSM) needs. Specsavers, one of the world’s biggest optical chain stores, is increasing...

Varian Medical Systems’ (VAR) Board of Directors authorized the repurchase of another 8 million shares during the period from September 29, 2012 to December 31, 2013. The share repurchases may be done in different forms,...

Viacom Inc. (VIAB) posted disappointing results for the third quarter of fiscal 2012. Both the top-and bottom-lines fell below the Zacks Consensus Estimates. Advertising revenue (both domestic and international) dropped...

Teleflex Incorporated (TFX), a global leader in medical devices, recently completed its divestiture of its original equipment manufacturer (OEM) Orthopedics business. The company had earlier inked a definitive agreement to sell...

Idenix Pharmaceuticals, Inc. (IDIX) recently suffered a huge setback when it received a verbal notice from the US Food and Drug Administration (FDA) placing a partial clinical hold on its hepatitis C candidate, IDX184. IDX184, a...

Symantec Corp. (SYMC) is coming up with new offerings to woo customers and recently declared a new add-on solution for its “Symantec’s Cluster File System”. Customers would be able to run Big Data analytics on...

Bank of America Merrill Lynch, a wing of Bank of America Corporation (BAC), granted $855 million towards community development in the first half of 2012. Its activities for the first six months of 2012 included contributions of...

Genomic Health (GHDX) reported mixed second quarter 2012 results with earnings per share of 6 cents that were well above the Zacks Consensus Estimates for a loss of 2 cents, but revenues of $57.6 million that missed. While we...

Oil and gas explorer ConocoPhillips (COP) has finally resumed drilling operations in the Greater Poseidon area, off Western Australia. The field was being spud by Transocean Ltd.’s (RIG) semi-submersible rig Transocean...