-
Life Out-licenses Technology Rights - Analyst Blog
Wednesday, September 15, 2010 - 9:42am | 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...
-
Zacks Analyst Blog Highlights: Catalyst Health Solutions, Jefferies Group, CVS Caremark, Medco Health Solutions and Express Scripts - Press Releases
Wednesday, September 15, 2010 - 8:06am | 1290For Immediate Release Chicago, IL – September 15, 2010 – Zacks.com Analyst Blog features: Catalyst Health Solutions Inc. (CHSI), Jefferies Group Inc. (JEF), CVS Caremark Corporation (CVS), Medco Health Solutions Inc. (MHS), and Express Scripts Inc. (ESRX). Get the most recent insight from Zacks...
-
Stock Market News for September 14, 2010 - Market News
Tuesday, September 14, 2010 - 6:03pm | 1093Activity on the mergers and acquisitions front and robust Chinese factory data buoyed confidence that the recovery is beginning to gain momentum, sending stocks higher for a fourth successive session. Financials got a boost after global regulators agreed to implement measures that will make it...
-
Company News for September 14, 2010 - Corporate Summary
Tuesday, September 14, 2010 - 5:36pm | 675• Best Buy (NYSE: BBY) posted earnings sharply above estimates at 60 cents, versus estimates of 44 cents on revenues of $11.34 billion • MedAssets (NASDAQ: MDAS) plans to purchase The Broadlane Group for $850 million in cash • Reports say Green Mountain Coffee Roasters (NASDAQ: GMCR) is planning to...
-
Schwab Rating Affirmed by Fitch - Analyst Blog
Tuesday, September 14, 2010 - 4:33pm | 433On Monday, Fitch Ratings affirmed its long term issuer default rating (IDR) on Charles Schwab Corp. (SCHW) at”A”. The rating outlook remained “Stable”. The rating agency expects the company’s overall financial performance to remain satisfactory over the near term. Fitch’s confirmation is based on...
-
Catalyst Acquires FutureScripts - Analyst Blog
Tuesday, September 14, 2010 - 1:03pm | 685Expanding its pharmacy benefit management (PBM) solutions, on Monday, Catalyst Health Solutions Inc. (CHSI) announced the purchase of all the PBM units of Independence Blue Cross (IBC) − FutureScripts LLC and FutureScripts Secure LLC − for an all cash transaction of $225 million. Both the entities...
-
Goldman Reduces Estimates For Patriot Coal Corporation
Tuesday, September 14, 2010 - 10:21am | 172In a recent report from Goldman Sachs, Patriot Coal Corporation (NYSE: PCX) provided an operational and guidance update. Keys updates include 3Q2010 volume guidance reduced about 10% due to downtime at two mines and geological conditions at others. Work at the Federal mine had been idled due to...
-
Mad Money Lightning Round OT: Cramer Sees Akamai (AKAM) At $60 (SMA, ETFC, AKAM)
Monday, September 13, 2010 - 8:23pm | 152On CNBC's Mad Money Lightning Round OT, Jim Cramer said that E TRADE Financial Corporation (NASDAQ: ETFC), along with the other brokerage stocks, will get hurt until we get a better control of the machines. E TRADE Financial Corporation (ETFC) gained 1.69% on Monday. Akamai Technologies, Inc. (...
-
Goldman Sachs Upped to Neutral - Analyst Blog
Monday, September 13, 2010 - 7:03pm | 527We are upgrading our recommendation on Goldman Sachs Group Inc. (GS) to Neutral considering its business model, competitive position in the market, the impact of the recent regulatory reforms and the company's strategic efforts to comply with them. Goldman's second quarter 2010 earnings per...
-
Jon Najarian Gives Options Picks Of The Day
Monday, September 13, 2010 - 4:01pm | 169CNBC and Fast Money contributor Jon Najarian gave a few of his favorite options plays for the day. Jon was a fan of ArcSight (NASDAQ: ARST) on the take over big from HP this morning. HE felt that there could potentially be higher bids as in the 3Par bidding war with Dell. He also likes SunTrust...
-
Goldman Sachs Calls Active (GS)
Monday, September 13, 2010 - 3:44pm | 132Goldman Sachs (NYSE: GS) shares are trading up today about 2.3% on average volume. We saw strength in the financials today on the heels of positive China data. With opex coming up this Friday we are seeing some interesting call activity in GS options. The 155 September calls have traded 13,00...
-
How To Become A Partner At Goldman Sachs (GS)
Monday, September 13, 2010 - 2:50pm | 374Becoming a partner at Goldman Sachs (NYSE: GS) is the Wall Street equivalent of hitting the lottery. Once you're a partner, you're basically set for life. Or so you thought. This report from the NY Times explains the process of becoming a partner. Most people assume that once you become a...
-
How Butterflies Can Create Profits When Trading The SPDR Gold ETF (GLD)
Monday, September 13, 2010 - 1:54pm | 264In recent articles, we discussed that Theta (Time Decay) has the potential to cause option prices to decline dramatically, particularly in the final weeks leading up to option expiration. As it turns out(...)Read the rest of How Butterflies Can Create Profits When Trading The SPDR Gold ETF (GLD)...
-
Basel Standards Seen As Positive
Monday, September 13, 2010 - 11:37am | 267The Basel Committee released the well telegraphed capital ratios today, which were inline with expectations, according to Deutsche Bank. Given the increased clarity and current capital ratios at the US banks and brokers, it is viewed as an incremental positive. DB continues to like the risk/...
-
GS To Choose 100 New Partners
Monday, September 13, 2010 - 11:35am | 142The New York Times reported on Sunday that Goldman Sachs Group Inc (NYSE: GS) will choose close to 100 executives to be its partners, this fall. However, it will remove around 60 executives from the remunerative title. Goldman generally removes around 30 executives from its partner ranks. The...