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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...
 

TransAtlantic Petroleum provide update on Turkey as ISIS approaches border

09 Oct 2014 @ 07:18
++BREAKING NEWS++ TransAtlantic Petroleum Ltd. (NYSE-MKT:TAT) (TSX:TNP) has provided an update on the status of its operations in Turkey. The update follows close fighting to hold back of Islamic State on the Syria-Turkey border. In a statement the company said: “While there have been press reports of protests in Diyarbakir and Batman in southeastern Turkey, […]
 

Monsanto Surprises

09 Oct 2014 @ 02:42
Monsanto (NYSE:MON) issued its Q4 and full-year results this morning, and whilst the earnings results are disappointing, its share price jumped 3.8% from 106.14 to 110.00 within 15 minutes following the opening bell. The price has been declining over the past 45 minutes and it seems to be headed back toward the 107.74 mark at […]
 

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 […]
 

Red Lion expand airport operation

08 Oct 2014 @ 08:55
Up, up and away for their share price? Red Lion Hotels (NYSE:RLH) announced today the company signed a franchise agreement on a hotel located near the Detroit Metropolitan Wayne County Airport, one of the top 20 busiest airports in the country serving more than 32 million passengers a year. “The Detroit metro area is among […]
 

Willis refreshes Canadian team

08 Oct 2014 @ 08:53
Changes at the top Willis North America, a unit of Willis Group Holdings (NYSE:WSH), the global risk advisor, insurance and reinsurance broker, has appointed Brian Parsons as National Partner and CEO, Willis Canada. Mr. Parsons has deep experience in the insurance brokerage, risk management and natural resources industry. He joins Willis after spending 22 years […]
 

Is SodaStream Losing Its Fizz?

08 Oct 2014 @ 07:51
The share price of SodaStream (NASDAQ:SODA) seems to have lost its fizz. It’s price dropped nearly 22% today on the NASDAQ exchange to 21.52. Which leads me to tell this story. Just through days ago my wife and I were browsing through a popular home goods store when the SodaStream display caught my eye. While […]
 

Subprime bubble not occurring, argue Equifax

07 Oct 2014 @ 05:02
Year-to-date originations at record highs According to the latest Equifax (NYSE:EFX) National Consumer Credit Trends Report, while year-to-date auto loan growth rates have slowed compared to last year, totals for new credit and the number of new loans originated for auto purchases are at all-time highs. – The total number of new loans originated through […]
 

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 […]
 
 
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