Analyst Blog
Analyst Blog

  • St. Jude Invests in CardioMEMS
    Medical devices major St. Jude Medical (STJ) has inked an agreement to invest $60 million in privately-held cardiac devices maker CardioMEMS Inc, for a 19% stake in the entity.

  • Coca-Cola Enterprises Offers Guidance
    Yesterday, Coca-Cola Enterprises (CCE) provided an update on its full-year 2010 earnings guidance and long-term financial objectives following the divestiture of its North American bottling wing to The Coca-Cola Company (KO).

  • NiSource to Offer $400M in Equity
    Energy utility NiSource Inc. (NI) announced that it will sell $400 million of its common stock through Credit Suisse Securities under a forward sales agreement.

  • Vertex’s Telaprevir Encourages
    Recently, Vertex Pharmaceuticals (VRTX) announced positive results from a late-stage study (n=662) of its lead pipeline candidate, telaprevir.

  • Mixed Bag for NCI Buildings
    NCI Building reported third-quarter fiscal 2010 operating loss of 64 cents per share compared to operating earnings of 95 cents per share in the year-ago quarter.

  • Quality Systems Stays Neutral
    We reiterate our Neutral recommendation on Quality taking into account its well-recognized brand name as a provider of Electronic Health Record.

  • Accenture Clinches Defense Order
    Accenture has won a four-year $73.0 million contract from the U.S. Defense Logistics Agency.

  • Suncor Disposes North Sea Assets
    Suncor will sell a number of its UK offshore assets for £240 million to Dana Petroleum.

  • Aon Prices Senior Notes
    Aon has priced its public offering of senior unsecured notes aggregating $1.5 billion to finance the acquisition of Hewitt Associates.

  • NYSE, APX JV Forms NYSE Blue
    There is an increasing need for innovative tools and trading instruments to deal with new types of business risks including those around energy, carbon, renewable energy, water and other environmental factors.