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Life Out-licenses Technology Rights - Analyst Blog
Wednesday, September 15, 2010 - 8:42am | 505Recently, Life Technologies (LIFE) provided rights to some companies related to its proprietary CHO (Chinese Hamster Ovary) cell lines to produce recombinant proteins meant for use as therapeutic agents and vaccines. The company has adopted a policy to provide access to know-how for the production...
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Rare Earth Minerals Shine
Tuesday, September 14, 2010 - 10:16am | 1357Investing in new companies is tricky - but that doesn't mean you can't win. In the past week, two new companies have made remarkable gains. Molycorp Inc. (NYSE: MCP), the producer of rare earth oxides, moved into the number one spot on our IPO watch list after its stock jumped 19...
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Rare Earth Minerals Shine
Tuesday, September 14, 2010 - 10:16am | 1357Investing in new companies is tricky - but that doesn't mean you can't win. In the past week, two new companies have made remarkable gains. Molycorp Inc. (NYSE: MCP), the producer of rare earth oxides, moved into the number one spot on our IPO watch list after its stock jumped 19...
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Investors Big on Japan Real Estate - Analyst Blog
Monday, September 13, 2010 - 9:51am | 628With the bottoming out of real estate prices and a recovery in the debt market, foreign investors are increasingly favoring Japanese real estate over others. Over $2 billion worth of investment deals were inked since late last year with more in the pipeline. Mapletree Investments, the real...
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Stock Market News for September 13, 2010 - Market News
Monday, September 13, 2010 - 9:15am | 569Stocks held on to the September rally and closed higher for the week but volume remained low as investors kept a lid on their enthusiasm and refrained from making big moves. The Dow industrials advanced 47 points. The index has gained in seven of the last eight sessions. The tech-heavy Nasdaq...
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Company News for September 13, 2010 - Corporate Summary
Monday, September 13, 2010 - 9:15am | 828• Deutsche Bank (NYSE: DB) announced plans to raise at least $12.5 billion in fresh capital to meet stricter capital requirements and increase its stake in Postbank from 30% currently • Hewlett-Packard (NYSE: HPQ) confirmed its intentions to acquire ArcSight (NASDAQ: ARST) for $1.5 billion • Hertz...
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Zacks Analyst Blog Highlights: American International Group, Citigroup, Deutsche Bank AG, The Goldman Sachs Group and Morgan Stanley - Press Releases
Monday, September 13, 2010 - 6:39am | 1127For Immediate Release Chicago, IL – September 13, 2010 – Zacks.com Analyst Blog features: American International Group Inc. (AIG), Citigroup Inc. (C), Deutsche Bank AG (DB), The Goldman Sachs Group Inc. (GS) and Morgan Stanley (MS ). Get the most recent insight from Zacks Equity Research with the...
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Credit Suisse, UBS Might Need More Cash
Sunday, September 12, 2010 - 6:11pm | 107Swiss banking giants Credit Suisse (NYSE: CS) and UBS (NYSE: UBS) have to hold $19.6 billion in additional capital as a result of the new Basel III banking standards. The newspaper NZZ am Sonntag reported that analysts are saying may not need to raise fresh capital because their earnings should...
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Stock Market News for September 10, 2010 - Market News
Friday, September 10, 2010 - 11:39am | 506Some optimism on the jobs front and a report that said the trade deficit had dropped in July helped stocks continue their September rally even as traders remained circumspect about European banks’ financials. A drop in first-time claims for unemployment benefits helped send the Dow average up 90...
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AIG Unit Inks Deal with China Bank - Analyst Blog
Friday, September 10, 2010 - 11:39am | 1180In a move to strengthen its position in China, American International Assurance Co. (“AIA”), the Asian arm of American International Group Inc. (AIG), signed a bancassurance agreement with Industrial & Commercial Bank of China Ltd. (“ICBC”) to sell its life insurance products at ICBC’s...
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Company News for September 10, 2010 - Corporate Summary
Friday, September 10, 2010 - 9:06am | 911• National Semiconductor (NYSE: NSM) posted fiscal first quarter results of 36 cents a share, one cent below estimates, on revenues of $412 million, below consensus projections of $415 million. The company CEO noted, "In the near term, slower growth in our end markets and distribution channel,...
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US Stock Futures Rise; All Eyes On Obama Press Conference
Friday, September 10, 2010 - 6:33am | 225US stock futures recorded gains on Friday, despite Deutsche Bank related concerns weighing on European markets. Investors are awaiting President Obama's news conference to know his thoughts on the state of the economy. Futures on the Dow Jones Industrial Average gained 10 points to 10,335. S&P...
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Stocks Post Modest Gains On Thursday (SPY, QQQQ, GLD, USO, TLT, UUP)
Thursday, September 9, 2010 - 4:31pm | 469Stocks opened higher on Thursday after better than expected initial and continuing jobless claims data. The indices held reasonably strong until news came out that Deutsche Bank (NYSE: DB) may be considering an equity offering of more than $11 billion. This sparked a strong move lower which saw all...
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Late Market Roundup (DB, AAPL, ADBE, DAL, HA, GOL)
Thursday, September 9, 2010 - 1:58pm | 368Shares of Deutsche Bank AG (NYSE: DB) fell after Bloomberg said in a report that DB was looking forward to raising more than $11 billion by selling stocks. Equity strategist Peter Boockvar of Miller Tabak said, "They will likely not be the only bank that will have to raise more money." Although the...
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Deutsche Bank May Need To Raise $15 Billion (DB)
Thursday, September 9, 2010 - 1:07pm | 127There were reports that Deutsche Bank (NYSE: DB) will have to raise additional capital in order to comply with Basel III capital requirements, and this send shares down sharply. Deutsche Bank may have to raise $11 billion in capital, and there are rumors out on Wall Street the bank may have to...