Financial News from Zacks

  • E*TRADE Reports a Rise in DARTs Zacks - Fri, Jun 21, 2013 6:25 PM EDT

    Online brokerage firm E*TRADE Financial Corporation (ETFC) reported a rise in its Daily Average Revenue Trades for the month of May 2013.

  • FelCor Sells Asset to Reduce Debt Zacks - Fri, Jun 21, 2013 6:15 PM EDT

    FelCor Lodging inked a deal to divest Sheraton Suites Galleria - Atlanta for $21 million to an undisclosed purchaser.

  • QCOM's Snapdragon 800 for LG Optimus Zacks - Fri, Jun 21, 2013 6:05 PM EDT

    LG Electronics, Inc. has decided to use the popular Snapdragon 800 processors of Qualcomm Technologies, Inc., the business arm of Qualcomm Inc.

  • Consumer Staples Stock Outlook - June 2013 Zacks - Fri, Jun 21, 2013 6:00 PM EDT

    Consumer staples stocks have outperformed the S&P; 500 as a whole in the year-to-date period, generating gains of 16.8% year-to-date.

  • AT&T; Installs Free Solar Chargers Zacks - Fri, Jun 21, 2013 6:00 PM EDT

    AT&T; Inc. started a pilot test by installing solar powered handset chargers near parks in New York.

  • Scripps Networks Remains Neutral Zacks - Fri, Jun 21, 2013 5:55 PM EDT

    We reaffirm our long-term Neutral recommendation on Scripps Networks Interactive.

  • Phillips 66 Upgraded to Buy Zacks - Fri, Jun 21, 2013 5:50 PM EDT

    On Jun 18, Zacks Investment Research upgraded , Phillips 66 to a Zacks Rank #2 (Buy).

  • Sprint's Revised Bid for Clearwire Zacks - Fri, Jun 21, 2013 5:45 PM EDT

    Sprint Nextel Corp. raised its bid for Clearwire's shares by nearly 47% to $5 per share, thereby outpacing DISH Network's $4.40 per share offer.

  • Post-Fed, but Pre-Earnings Zacks - Fri, Jun 21, 2013 5:40 PM EDT

    The after-effects of the Bernanke announcement and the resultant impact on benchmark interest rates will no doubt remain the big issues for the market this week.

  • Label Updates for Lilly/Boehringer Diabetes Drugs Zacks - Fri, Jun 21, 2013 5:40 PM EDT

    The companies said that labels for Tradjenta and Jentadueto will contain additional information about the risk of pancreatitis.

  • Allstate's CAT Loss for May Rises Zacks - Fri, Jun 21, 2013 5:35 PM EDT

    Allstate Corp. announced that its pre-tax catastrophe (CAT) loss estimate has jumped to $323 million for May 2013.

  • CMS to Use GE Turbines for Wind Park Zacks - Fri, Jun 21, 2013 5:30 PM EDT

    CMS Energy Corp. has entered into an agreement with General Electric Company.

  • Tutor Perini Pens SFMTA Deal Zacks - Fri, Jun 21, 2013 5:25 PM EDT

    Tutor Perini has executed a contract with SFMTA for Central Subway Project.

  • Stock-Picking Secrets of the Whales Zacks - Fri, Jun 21, 2013 5:21 PM EDT

    Learn how to follow institutional investors as they pick winners with superior research and war chests of cash.

  • Amerisafe Upped to Strong Buy Zacks - Fri, Jun 21, 2013 5:20 PM EDT

    On Jun 20, 2013, Zacks Investment Research upgraded Amerisafe Inc. to a Zacks Rank #1 (Strong Buy).

  • Dow Wins Approval for Enlist E3 in Canada Zacks - Fri, Jun 21, 2013 5:15 PM EDT

    Dow AgroSciences LLC, a wholly-owned subsidiary of The Dow Chemical Company, and MS Technologies LLC have received approval for Enlist E3 soybeans from Canadian regulatory authorities.

  • U.S. Center Adopts ARAY's CyberKnife Zacks - Fri, Jun 21, 2013 5:10 PM EDT

    Accuray announced that U.S.-based Lancaster General Health is the first to use its latest CyberKnife M6 system for treating patients.

  • FedEx Acquires Southern African Biz Zacks - Fri, Jun 21, 2013 5:05 PM EDT

    In a move to expand globally, FedEx Corp. is acquiring service provider, Supaswift and its subsidiaries that offer FedEx Express international services in Southern Africa.

  • A.M. Best Avows Kemper Units' Ratings Zacks - Fri, Jun 21, 2013 5:00 PM EDT

    A.M. Best Co. reiterated the FSR and ICR of subsidiaries of Kemper.

  • Prologis Inks Build-to-Suit Deal in Poland Zacks - Fri, Jun 21, 2013 4:55 PM EDT

    San Francisco-based industrial real estate investment trust (REIT) -- Prologis Inc. -- inked a deal with a retailer for a build-to-suit facility in Poland.

  • Kennedy-Wilson Boosts Dublin Presence Zacks - Fri, Jun 21, 2013 4:50 PM EDT

    Kennedy-Wilson along with one of its partners bought a residential property -- Clancy Quay -- in Dublin.

  • Rating Action on Mercury General Zacks - Fri, Jun 21, 2013 4:45 PM EDT

    Fitch Ratings affirmed the issuer default rating of Mercury General Corporation at "A".

  • Terex Downgraded to Strong Sell Zacks - Fri, Jun 21, 2013 4:40 PM EDT

    On Jun 20, Zacks Investment Research downgraded Terex to Zacks Rank #5 (Strong Sell).

  • Ericsson, MTS Ink Key LTE Deal Zacks - Fri, Jun 21, 2013 4:38 PM EDT

    Ericsson and MTS recently announced that they have entered into a three-year strategicdeal to develop ICT infrastructure

  • Scripps Networks to Expand Foothold Zacks - Fri, Jun 21, 2013 4:35 PM EDT

    Scripps Networks Interactive Inc. is expanding its Internet and mobile applications

  • Contracts Flow in for Defense Cos. Zacks - Fri, Jun 21, 2013 4:31 PM EDT

    Data Link Solutions, Alliant Techsystems Inc., FLIR Systems Inc. and Lockheed Martin Corporation have received Department of Defense contracts on Jun 20, 2013.

  • SGEN/Takeda Report Data on Adcetris Zacks - Fri, Jun 21, 2013 4:30 PM EDT

    Seattle Genetics and partner Takeda reported results from a post-hoc analysis evaluating progression-free survival (PFS) in patients treated with Adcetris

  • TWC Faces Consumer Wrath Zacks - Fri, Jun 21, 2013 4:25 PM EDT

    Time Warner Cable Inc. continued efforts to incur expenses to carry the rights to broadcast LA Lakers and LA Dodgers games has landed it into trouble

  • People's United Hits A 52-Week High Zacks - Fri, Jun 21, 2013 4:20 PM EDT

    Shares of People's United Financial Inc. soared to a new 52-week high, touching $14.38 in the first half of the trading session on Jun 20.

  • S&P; Revises Outlook, Raises Hope Zacks - Fri, Jun 21, 2013 4:15 PM EDT

    The U.S. banking sector now has reasons to rejoice with Standard & Poor's Ratings Services' revision of the outlooks on 4 regional U.S. banks

  • Another Setback for Idenix Zacks - Fri, Jun 21, 2013 4:15 PM EDT

    The FDA has asked the company to provide additional preclinical safety information on IDX20963 before it can commence clinical studies with the candidate.

  • Actavis Files Patent Infringement Lawsuit Zacks - Fri, Jun 21, 2013 4:10 PM EDT

    Sandoz and Hetero are looking to launch their generic versions of Actavis/Kissei's Rapaflo.

  • Takeda Launches Diabetes Drugs Zacks - Fri, Jun 21, 2013 4:05 PM EDT

    Takeda announced the launch of three type II diabetes drugs in the US - Nesina, Kazano, and Oseni

  • Raptor Pharma's Procysbi Launched in the US Zacks - Fri, Jun 21, 2013 4:00 PM EDT

    Raptor Pharma's Procysbi capsules were recently launched in the US.

  • Zacks#1 Ranked Global Mutual Funds Zacks - Fri, Jun 21, 2013 3:57 PM EDT

    Below we will share with you 5 top rated global mutual funds. Each has earned a Zacks #1 Rank (Strong Buy) as we expect these mutual funds to outperform their peers in the future.

  • Draft Guidance from NICE for pSivida's Iluvien Zacks - Fri, Jun 21, 2013 3:55 PM EDT

    pSivida Corp. announced that the UK's NICE has issued draft guidance recommending Iluvien for the treatment of pseudophakic patients with chronic DME considered insufficiently responsive to available therapies...

  • Boeing, UTX to Form Logistics Entity Zacks - Fri, Jun 21, 2013 3:50 PM EDT

    Boeing joined forces with United Technologies to bid for military support contracts in Saudi Arabia.

  • FICO Collaborates with MeridianLink Zacks - Fri, Jun 21, 2013 3:45 PM EDT

    Fair Isaac joined forces with MeridianLink Inc. to help small banks and credit unions take improved and faster lending decisions.

  • Marriott's Ritz-Carlton in Bali Zacks - Fri, Jun 21, 2013 3:40 PM EDT

    Marriott will unveil a new Ritz-Carlton resort in Bali, Indonesia.

  • Positive Data on VIVUS' Stendra Zacks - Fri, Jun 21, 2013 3:35 PM EDT

    VIVUS announced encouraging data from TA-501 study evaluating the efficacy of Stendra

  • Cloud Peak to Develop Mine in PRB Zacks - Fri, Jun 21, 2013 3:30 PM EDT

    Cloud Peak Energy received approval to start exploration and development work in a coal mine located in Crow Indian Reservation.

  • Triumph for Banks in Madoff Case Zacks - Fri, Jun 21, 2013 3:28 PM EDT

    In a major victory for banks, the lawsuit filed by Madoff Securities trustee, Mr. Irving Picard, has been dismissed.

  • McKesson CFO to Quit Zacks - Fri, Jun 21, 2013 3:25 PM EDT

    McKesson recently announced that its executive vice president and chief financial officer (CFO), Jeffrey C. Campbell, will quit from his positions at the end of Jun 2013 to join American Express Company....

  • Below we will share with you the 5 highest yielding Zacks #1 ranked high yield mutual funds. Each has earned a Zacks #1 Rank (Strong Buy) as we expect these mutual funds to outperform their peers in the ...

  • Rowan Resolute Employed by Anadarko Zacks - Fri, Jun 21, 2013 3:20 PM EDT

    Rowan Companies plc has inked a three-year contract with Anadarko Petroleum Corporation for Rowan Resolute.

  • Delta On Track with Virgin Buy Zacks - Fri, Jun 21, 2013 3:10 PM EDT

    Delta Air Lines has successfully crossed two of the three regulatory hurdles in the path of its planned stake purchase of Virgin Atlantic Airways Ltd.

  • BMY's Sprycel Label Updated Zacks - Fri, Jun 21, 2013 3:00 PM EDT

    Sprycel's US label has been updated by the FDA.

  • Oceaneering to Use Normand Flower Zacks - Fri, Jun 21, 2013 2:50 PM EDT

    Oceaneering International Inc. has entered into a contract for a period of 3 years to use Normand Flower.

  • Seadrill in Deal with DSIC Offshore Zacks - Fri, Jun 21, 2013 2:40 PM EDT

    Seadrill Limited announced that it has entered into a contract with Dalian Shipbuilding Industry Offshore Co. Ltd., for building two high specification jackup drilling rigs.

  • Nokia to Launch 41MP Windows Phone Zacks - Fri, Jun 21, 2013 2:30 PM EDT

    Nokia Corporation expects to launch a Windows-based smartphone that will possess a 41 mega pixel PureView camera.

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