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Technology

Coronado Biosciences forms subsidiary to license products

09 Oct 2014 @ 09:03
Goal is to “aggregate a strong line of dermatologics” Coronado Biosciences, Inc. (Nasdaq:CNDO) has formed a wholly owned subsidiary, Journey Medical Corporation (JMC), to acquire and license dermatology products. Under the leadership of Claude Maraoui, CEO, JMC will begin building a portfolio of dermatological assets focused on acne, steroid responsive dermatoses, pigmentation and...
 

Cooper Companies acquire EndoSee

09 Oct 2014 @ 09:01
Worth $44m The Cooper Companies, Inc. (NYSE:COO) today announced that CooperSurgical, its women’s healthcare unit, has acquired EndoSee Corporation, a developer of an office-based disposable hysteroscopy system. The transaction is valued at approximately $44 million and is expected to be neutral to fiscal 2015 earnings per share excluding one-time charges and deal-related amortization...
 

Landec issue fiscal year results - 22% revenue increase

08 Oct 2014 @ 08:58
Company argue they have “exceeded both our revenue and operating income expectations” Landec Corporation (Nasdaq:LNDC), a developer and marketer of products for healthy living applications in the food and biomedical markets, reported results for the first quarter of fiscal 2015 ended August 31, 2014. “For the first quarter, we exceeded both our revenue and operating […]
 

GT Advanced Technologies file for bankruptcy

07 Oct 2014 @ 04:57
NASDAQ may temporarily halt trading in the company’s stock GT Advanced Technologies Inc., (Nasdaq:GTAT), announced today that it had, together with certain of its direct and indirect subsidiaries (collectively, GT), commenced voluntary cases under chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the District of New Hampshire. The company expects […]
 

eBay to Spin Off PayPal

01 Oct 2014 @ 01:49
Shares of eBay (NASDAQ:EBAY) opened at 56.66 today, up 7.6% from yesterday’s close at 52.66, reaching a high of 59.20 before mid-morning, itself an increase of 12.4%. The stimulus for this surge was, clearly, the announcement that eBay and PayPal plan to split into independently publicly traded companies in 2015. The report says that the […]
 

Hill International lands US federal contract

30 Sep 2014 @ 06:32
$16 Million Contract for PMO Services from U.S. Federal Transit Administration Hill International (NYSE:HIL), a construction risk manager, announced today that it has received a contract from the U.S. Federal Transit Administration to provide project management oversight (PMO) services on major transit capital projects nationwide. The five-year contract has an anticipated value to Hill of...
 

TESARO to close $201.25m public offering?

30 Sep 2014 @ 06:20
Including Full Exercise of the Underwriters’ Option to Purchase Additional Notes TESARO, Inc. (Nasdaq:TSRO) announced today the closing of its previously announced underwritten public offering of $201.25 million aggregate principal amount of its 3.00% convertible senior notes due 2021, including the notes issued pursuant to the full exercise of the underwriters’ option to purchase...
 

Long-term Trading Forecast on Alibaba Group

24 Sep 2014 @ 03:23
Here is a long-term forecast on Alibaba Group Holding stock (NYSE:BABA). This is a new market – one of the newest on earth and the media is full of the hype. It is better to speculate on this market with the aim of making long-term gain that is bigger than loss, while also considering potential […]
 

Thalassa Shares Drop 24%

17 Sep 2014 @ 01:55
Thalassa Holdings share price sank nearly 24% following publication of its interim results for the first half, as of 30 June, in a vivid display of the anxiety that continues to infect investors. My personal opinion is that the anxiety is not caused so much by any particular company report, but more so by concerns […]
 

ZF & TRW To Be 2nd Largest Auto Parts Company - or Not?

16 Sep 2014 @ 04:05
As automotive parts manufacturers from around the world assemble for the opening of Automechanika in Frankfurt, unlisted German company ZF and U.S.-based TRW (NYSE:TRW) have announced that the former will acquire the latter for $13.5 billion in cash or $105.60 per share. TRW’s share price is currently 103.01, down less than a percentage point from Friday’s […]
 
 
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