Author: Devin Weiss

Repros Therapeutics Inc. (RPRX) recently reported second quarter 2012 loss of 21 cents per share, wider than the Zacks Consensus Estimate of a loss of 17 cents but narrower than the year-ago loss of 30 cents per share. Lower...

Applied Materials’ (AMAT) third quarter pro forma earnings beat the Zacks Consensus Estimate by 2 cents or 9.0%. Revenues were partly responsible, beating consensus expectations by 1.0%. Revenue Applied reported revenue of...

After many twists and turns in the last eight months, Verizon Wireless’ proposed purchase of wireless spectrum finally seems to be reaching its last chapter, with a successful ending. Verizon Wireless is a joint venture...

Chevron Overseas Congo Ltd, a subsidiary of energy giant Chevron Corporation (CVX), has recently contracted Norwegian oilfield services firm Subsea 7 for $600 million. Per the agreement, Subsea 7 will install and supply subsea...

Leading contract drilling company, Diamond Offshore Drilling Inc (DO) has recently awarded a contract to Singapore-based Jurong Shipyard for converting an out-of-work rig built in 1976 into a deepwater driller at a cost of about...

Advertising titan, WPP Group Plc. (WPPGY) recently consented to acquire a Turkey-based agency, Manajans Thompson Reklam Isleri A.S. The acquisition will be given effect through the company’s wholly owned subsidiary, JWT,...

We maintain a Neutral rating on KB Home (KBH) following appraisal of the second quarter 2012 results. KB Home’s adjusted net loss per share of 31 cents in the second quarter was significantly narrower than the prior-year...

The consumer advocate of Florida Power & Light Co. (“FPL”), a unit of NextEra Energy Inc. (NEE), plans to oppose the rate increase agreement filed with the Florida Public Service Commission (“FPSC”)....

Nokia Corporation’s (NOK) woes continue to deepen as rating agency Standard and Poor’s has further downgraded it to junk status and has also slapped a negative outlook on the company. According to S&P,...