Author: Devin Weiss

Moneygram International Inc. (MGI), has renewed its contract with leading Vietnam-based bank, Vietcombank. Following the news, the company’s shares rose 0.8% (or 13 cents) to close at $16.45 yesterday. Per the renewed...

Bio-Rad Laboratories, Inc. (BIO), a worldwide provider of life science research and clinical diagnostic products, recently inaugurated its Digital Biology Center for the development of products based on the droplet partitioning...

Imagine trying to run a business where (1) over 90% of the population can’t legally be a customer AND (2) you’re not allowed to advertise. And, no, you’re not selling products that kill people. In the world of...

Renowned printing and imaging solutions provider, Lexmark International Inc. (LXK) announced some operational changes to boost its earnings potential and cash position. Post-announcement, Lexmark shares surged. According to the...

U.S. Bank – a division of U.S. Bancorp (USB) – announced that it has invested $75,000 in Innovate North State – a regional organization – for 3 years to develop the manufacturing sector in Northern...

On August 28, rating agencies – Fitch Ratings and Standard & Poor’s (S&P) – affirmed their ratings on M&T Bank Corporation(MTB). Fitch affirmed the long-term and short-term Issuer Default Ratings...

General Motors Company (GM) plans to double its existing revolving credit facility of $5 billion in a bid to strengthen its cash reserve. According to the Wall Street Journal, the Detroit-based automaker is in talks with...

The U.S. Energy Department’s weekly inventory release showed that crude stockpiles jumped unexpectedly, as imports climbed. The report further revealed that within the ‘refined products’ category, gasoline...

We recently downgraded our recommendation on Best Buy Company Inc. (BBY), the beleaguered consumer electronic retailer, to Underperform with a price target of $16.00, following its dismal second-quarter 2013 results. Earlier, we...

Data center provider Equinix Inc. (EQIX) is all set to extend its business relations with Amsterdam Internet Exchange (“AMS-IX”). AMS-IX is in the process of building a customer Point of Presence (PoP) in...