KeyCorp’s (NYSE:KEY) Acquisition of First Niagara Financial Group Inc. (NASDAQ:FNFG) Is Hit by High Merger Related Charges

KeyCorp’s (NYSE:KEY) Acquisition of First Niagara Financial Group Inc. (NASDAQ:FNFG) Is Hit by High Merger Related Charges

July 27, 2016

At a cost of $45 billion, KeyCorp (NYSE:KEY) is just about to conquer the acquisition of First Niagara Financial Group Inc. (NASDAQ:FNFG) even as the merger-related charges threaten to rise. The related charges come during the second quarter of the company’s operations and apparently, they are almost double what theRead More

In Avanir Pharmaceuticals Inc (NASDAQ:AVNR)’s Rejected Drug Device, Analysts Hold A Different View

In Avanir Pharmaceuticals Inc (NASDAQ:AVNR)’s Rejected Drug Device, Analysts Hold A Different View

November 27, 2014

Boston, MA 11/27/2014 (wallstreetpr) – Avanir Pharmaceuticals Inc (NASDAQ:AVNR) suffered a blow this week when the U.S. Food and Drug Administration declined to approve its migraine drug device. The company had sought marketing approval for the device, which in many ways has good revenue promise. However, even though the FDA rejectedRead More

Fiat Chrysler Automobiles NV (NYSE:FCAU) Boosts Its Sterling Heights Plant With A $1.49 Billion Investment

Fiat Chrysler Automobiles NV (NYSE:FCAU) Boosts Its Sterling Heights Plant With A $1.49 Billion Investment

July 27, 2016

$1.49 billion is what Fiat Chrysler Automobiles NV (NYSE:FCAU) will be using to revamp its Sterling Heights Assembly Plant in Michigan. The automaker says that it is moving in haste to make the plant ready for the building of the next-generation Ram 1500 pickup truck. The current production of theRead More

Tobira Therapeutics, Inc. (NASDAQ:TBRA) Reveals CENTAUR Didn’t Meet Study Endpoint

Tobira Therapeutics, Inc. (NASDAQ:TBRA) Reveals CENTAUR Didn’t Meet Study Endpoint

July 26, 2016

Tobira Therapeutics, Inc. (NASDAQ:TBRA) has finally revealed on Monday the results of the Phase 2b safety and efficacy clinical trial for cenicriviroc (CVC) treating non-alcoholic steatohepatitis (NASH) among 289 patients suffering from liver fibrosis, a study that is also known as CENTAUR. Study Results The study failed to meet itsRead More

Recent News

Government Encourages Revival of Nokia Corp (ADR) (NYSE:NOK) And Foxconn Plants In Tamil Naidu

Government Encourages Revival of Nokia Corp (ADR) (NYSE:NOK) And Foxconn Plants In Tamil Naidu

Technology July 27, 2016 at 10:37 am

The Tamil Naidu state government is taking measures that will facilitate the revival of Nokia Corp (ADR) (NYSE:NOK) and Foxconn’s factories in the state. Industries Minister M.C. Sampath revealed the plans during a State Legislative session on Tuesday. The minister brought up the subject as a response to DMK legislatorRead More

Twitter Inc (NYSE:TWTR), Sky Sports Agree To Broadcast Premier League Updates On Twitter

Twitter Inc (NYSE:TWTR), Sky Sports Agree To Broadcast Premier League Updates On Twitter

Technology July 27, 2016 at 9:58 am

Twitter Inc (NYSE:TWTR) has recently entered into an agreement with Sky Sports to officially broadcast on the social media platform, Twitter, goals and highlights from the highly anticipated Premier League Season 2016/17. The move is part of Sky Sports’ efforts to extend the availability of Premier League games and evenRead More

Zynga Inc (NASDAQ:ZNGA) Launches New Version Of Words With Friends For The Classroom

Zynga Inc (NASDAQ:ZNGA) Launches New Version Of Words With Friends For The Classroom

Technology July 27, 2016 at 9:43 am

Zynga Inc (NASDAQ:ZNGA) has released a new version of Words with Friends called Words With Friends EDU which is designed for school-going children. The new game includes educational features and is best suited for school children attending fourth grade to eighth grade. Words with Friends EDU is available on mobileRead More

Weatherford International Plc (NYSE:WFT) Collaborates With International Business Machines Corp. (NYSE:IBM) On Production Optimization Solutions

Weatherford International Plc (NYSE:WFT) Collaborates With International Business Machines Corp. (NYSE:IBM) On Production Optimization Solutions

Technology July 27, 2016 at 9:42 am

Weatherford International Plc (NYSE:WFT) has announced that it signed an agreement that will allow it to team up with International Business Machines Corp. (NYSE:IBM) to create the next generation of production optimization solutions. The two firms will work together to develop new products and services that will be used byRead More

Acquisition Talk and 14nm Chips Debate Behind Advanced Micro Devices Two-Day Rally

Acquisition Talk and 14nm Chips Debate Behind Advanced Micro Devices Two-Day Rally

Technology July 27, 2016 at 8:47 am

Advanced Micro Devices, Inc. (NASDAQ:AMD) continues to edge higher on the market one week after posting its first revenue increase in two years. Given that the stock has registered two straight days of gains, investors are starting to question the actual catalysts behind the impressive run. The chipmakers surprise quarterlyRead More

GoPro Inc (NASDAQ:GPRO) Will Be The Main Sponsor Of The National Drone Racing Championships

GoPro Inc (NASDAQ:GPRO) Will Be The Main Sponsor Of The National Drone Racing Championships

Technology July 26, 2016 at 12:46 pm

The 2016 National Drone Racing Championships are beckoning given that they are scheduled to take place between Aug. 5 and seven at Governors Island in New York City. The event’s organizer, the Drone Sports Association says that it going be such a big event that is expected to attract hundredRead More

BlackBerry Ltd (NASDAQ:BBRY) Customers Will Benefit From Microsoft Azure Platform

BlackBerry Ltd (NASDAQ:BBRY) Customers Will Benefit From Microsoft Azure Platform

Technology July 26, 2016 at 12:44 pm

Microsoft Azure will have more to handle for BlackBerry Ltd (NASDAQ:BBRY). The global leader in secure mobile communications says that it will ensure its enterprise mobility solutions with the cloud computing platform which is open, flexible, and enterprise-graded. Microsoft Corp’s Corporate Vice President, who is also a Chief Evangelist, SteveRead More

Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) Ousts Hans Vestberg From CEO Post

Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) Ousts Hans Vestberg From CEO Post

Technology July 26, 2016 at 12:36 pm

The Board of Directors of Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) has finally decided on Monday to oust Hans Vestberg as CEO after holding the post for nearly seven years. In line with this, Jan Frykhammar, Telefonaktiebolaget LM Ericsson Chief Financial Officer (CFO), has been appointed as interim CEO. Accordingly, the BoardRead More

Tobira Therapeutics, Inc. (NASDAQ:TBRA) Reveals CENTAUR Didn’t Meet Study Endpoint

Tobira Therapeutics, Inc. (NASDAQ:TBRA) Reveals CENTAUR Didn’t Meet Study Endpoint

Health July 26, 2016 at 12:34 pm

Tobira Therapeutics, Inc. (NASDAQ:TBRA) has finally revealed on Monday the results of the Phase 2b safety and efficacy clinical trial for cenicriviroc (CVC) treating non-alcoholic steatohepatitis (NASH) among 289 patients suffering from liver fibrosis, a study that is also known as CENTAUR. Study Results The study failed to meet itsRead More

Bellerophon Therapeutics, Inc. (NASDAQ:BLPH) Hopes To Conclude INOpulse Clinical Trial For PH-COPD By Year-End After Getting Approval For Phase Study

Bellerophon Therapeutics, Inc. (NASDAQ:BLPH) Hopes To Conclude INOpulse Clinical Trial For PH-COPD By Year-End After Getting Approval For Phase Study

Health July 26, 2016 at 12:32 pm

Bellerophon Therapeutics, Inc. (NASDAQ:BLPH) has announced on Monday that it can finally commence a Phase 2 study evaluating the ability of its proprietary pulsatile nitric oxide (NO) delivery device that, INOpulse, to treat pulmonary hypertension in chronic obstructive pulmonary disease (PH-COPD) after receiving an approval in Belgium. Phase 2 StudyRead More

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