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We updated our research report on Duke Realty Corporation (NYSE:DRE) on Jul 1, 2016. This Indianapolis, IN-based real estate investment trust (“REIT”) is engaged in owning, managing and...
Luminex Corp. (NASDAQ:LMNX) has finally closed the acquisition of Nanosphere Inc for $1.70 per share on Jun 30. Notably, Nanosphere will function as a wholly ¬owned subsidiary of Luminex post...
While most foreign banks are contracting their operations in India due to regulatory concerns, JPMorgan Chase & Co. (NYSE:JPM) is all set to open three more branches in the country. It has...
The 600 MHz low-band wireless spectrum auction, popularly known as Incentive Auction, kicked off by the U.S. telecom regulator Federal Communications Commission (FCC) on Mar 29, 2016, recently...
Aetna Inc. (NYSE:AET) is planning to shed some of its Medicare Advantage business in some markets, as per sources. Aetna hopes the divestures will address federal regulators’ concerns...
Shares of premier natural gas company, Spectra Energy Corp. (NYSE:SE) hit a 52-week high of $36.88 on Jul 1, 2016. Shares closed at $36.68, reflecting a solid return of 21.9% over the past three...
eBay Inc. (NASDAQ:EBAY) has decided to test the African waters by joining forces with e-commerce startup MailforAfrica.com.Both partners have confirmed that the partnership is financial, logistics...
Companies fall under the purview of increased regulatory scrutiny of the Federal Reserve if ownership stake crosses the level of 10% in a bank. The regulators’ concern arises from the fact that...
Independent refiner Tesoro Corporation (NYSE:TSO) has entered into a deal with Tesoro Logistics LP (NYSE:TLLP) – a master limited partnership – wherein the former will divest its...
In an effort to diversify its online presence, the e-commerce giant Amazon.com, Inc. (NASDAQ:AMZN) has reportedly started selling its first private-label groceries, which include Happy Belly (its...
In a bid to enrich the archive of kids’ shows, Amazon.com Inc. (NASDAQ:AMZN) recently announced a multi-year deal with Public Broadcasting Service (“PBS”). The terms of the deal...
LUKAS Hydraulik GmbH, a subsidiary of IDEX Corporation (NYSE:IEX) , recently completed the acquisition of AWG Fittings GmbH (“AWG”) in a €46.0 million cash-free, debt-free...
The Dow staged a spectacular rebound last week following losses after a surprise Brexit verdict. Despite opinion polls predicting a vote in favor of remaining within the EU, Britain ultimately voted...
PepsiCo, Inc. (NYSE:PEP) is all set to report first-quarter 2016 results on Jul 7, before the market opens. Last quarter, the company delivered a positive earnings surprise of 9.88%.The...
WEX Inc. (NYSE:WEX) recently completed the acquisition of Electronics Funds Source LLC (“EFS”) from Warburg Pincus. With the deal, EFS has now become a wholly-owned subsidiary of WEX....
Leading energy utility firm Southern Company (NYSE:SO) and Atlanta, GA-based energy services holding company, AGL Resources (NYSE:GAS) Inc. jointly announced the completion of their $12 billion...
United Parcel Services or UPS (NYSE:UPS) remains on track to finalize a new labor contract with its pilots as UPS Airlines , a subsidiary of UPS, signed a new tentative agreement with Independent...