Business financial

New Product Line from Logitech – Analyst Blog

Recently Logitech International SA ( LOGI ) introduced a new product for better and enhanced customer satisfaction with the launch of the first iPad keyboard. The keyboard has been specially designed for classroom environment with added advantages of spill resistance and enhanced durability, which gives it a key lifespan of more than five million strokes.

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Pfizer Halts Inotuzumab Study – Analyst Blog

Pfizer Inc. ( PFE ) recently faced a pipeline setback with the company discontinuing a late-stage study being conducted with its oncology candidate, inotuzumab ozogamicin. The randomized, open-label, two-arm phase III study was being conducted in patients suffering from relapsed or refractory CD22+ aggressive non-Hodgkin lymphoma (NHL) who are not eligible for intensive high-dose chemotherapy

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A.M. Best Upgrades View on PartnerRe – Analyst Blog

Ratings agency A.M. Best showed confidence in PartnerRe Ltd . ( PRE ) as it avowed the credibility of the company and upgraded the outlook to 'stable' from 'negative.' Accordingly, the ratings agency asserted the debt ratings and issuer credit rating (ICR) of "a-" for PartnerRe, who also affirmed the financial strength rating (FSR) of "A+" and ICR of "aa-" for Partner Reinsurance Co.

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Kimco Divests Nine Mexican Assets – Analyst Blog

Recently, Kimco Realty Corp. ( KIM ) sold 9 assets of its Mexican shopping center portfolio to a local real estate operator for 3.35 billion Mexican pesos ($274 million), which include 573 million Mexican pesos ($47 million) of mortgage debt

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The T3 Weekly Recap: Strong May Market Flipping Old Trading Adage on Its Head

The old trading adage "sell in May and go away" is being flipped on its head this month, and the rally shows no signs of abating. Many traders sit on the sidelines on options expiration Fridays, but not even even that could slow down this market today

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Pitney to Divest Management Biz – Analyst Blog

Recently Pitney Bowes Inc. ( PBI ) announced its plan to sell the management services business wing in the United Kingdom and Republic of Ireland to Swiss Post Solutions

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Strange Business: Communists Protest Outside Barbie’s Dreamhouse

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Balanced View on Valspar – Analyst Blog

We have reaffirmed our Neutral recommendation on paints and coatings maker Valspar Corp. ( VAL ) following its mixed second-quarter fiscal 2013 results.

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Exelon Unit Develops Solar Infra – Analyst Blog

Exelon Corporation 's ( EXC ) business unit - Constellation Energy Resources, LLC -   has constructed a 2.6-megawatt (MW) solar generation project in N.Y. The company will invest, develop, own and preserve the solar power systems of the project

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Altera’ Enpirion Buy Boosts FPGA Line – Analyst Blog

Semiconductor chip giant Altera Corp. ( ALTR ) recently took over privately-held power converter chip maker Enpirion Inc. for a cash consideration of roughly $141.0 million.

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