Category: Business & Finans

American Apparel Co-Chair Says Company Not For Sale; Co. and Advisers Considering Debt, Fresh Offering

American Apparel’s (APP) new co-chairman Allan Mayer told Reuters on Monday that the fashion retailer is not for sale and that it does not need immediate capital....

Synthetic Biologics Adds 3%; Diabetes Study Supports Its Methane-Regulating Treatments

Synthetic Biologics (SYN) shares were higher over 3% in recent trade after a study at Cedars-Sinai Medical Center supported its contention that methane regulating...

Siemens AG: Dresser-Rand Acquisition Price Represents Full Valuation but Strategic Fit Justifies the Cost

Siemens announced the acquisition of Dresser-Rand (DRC $81.97; Market Perform) for $7.6 billion ($83 per common share in cash). Concurrent with the acquisition...

On Track Innovations Up 3% On First Commercial Trio Payment System Order

On Track Innovations (OTIV) is getting a boost Tuesday as the cashless payments products company receives its first commercial order from UK-based Vianet (VNET.L) for...

BroadSoft: Strategic Value Rising as Ericsson Ups the Ante to Take on Enterprise IT

We attended Ericsson’s (ERIC $12.98) briefing at NASDAQ MarketSite in New York City today where the company’s CEO, Hans Vestberg, gave an overview of Ericsson’s...

MSC Industrial Direct Co, : 2015 Outlook Is Focus—Entering Final Leg of Investment Cycle

We expect an in-line quarter with 8% sales growth and EPS at $1.01, up 6%. The buy-side expects in-line results, but is cautious on fiscal 2015 guidance. Organic average...

WESCO International: Slight Upside to Quarter and Optimistic First Look at 2015 Possible

The key conclusion from the second quarter was that Wesco was finally seeing a broad-based recovery across all end-markets and geographies. Management also lowered the...

Aerohive Networks Reports Solid Fourth Quarter

Following last quarter’s pre-announcement, Aerohive Networks delivered a solid close to the year, with revenue of $36.2 million (up 19.5% year-over-year), in line with...