LE BOURGET, France, June 18, 2013 (PR Carbon) — The Boeing Company (NYSE:BA) and Korean Air today announced that the airline has agreed to purchase five 747-8 Intercontinental airplanes and six 777-300ER (Extended Range) jetliners, valued at approximately $3.6 billion at current list prices. Boeing will work with Korean Air to finalize the order, at [...]
Management Shakeup at Merck & Co., Inc. (NYSE:MRK)
June 15, 2013 By
It’s been confirmed from Twitter sources, that Merck & Co., Inc. (NYSE:MRK)’s R&D operations and research division is now taken over by Roger Perlmutter. Changes in the key position in R&D management are under way, as Perlmutter looks to simplify things inside the corporate bureaucracy. According to a spokesperson for Merck ($MRK), it has confirmed [...]
Biotech Most Active Stocks, MannKind Corporation, Gilead Sciences, Inovio Pharmaceuticals, Mast Therapeutics, Arena Pharmaceuticals, Celsion Corporation, ACADIA Pharmaceuticals
June 14, 2013 By
It’s been reported that MannKind Corporation (NASDAQ:MNKD) won’t announce results from its phase 3 studies of inhalable insulin Afrezza until August. So there is nothing charming in the stock for investors. This year Gilead Sciences, Inc (NASDAQ:GILD) is buying Pharmasset for $11 billion, it is having $85 billion market cap, pharmaceutical company Gilead Sciences is [...]
Clearwire Corporation Shareholders Rejected Sprint Nextel Corporation Bid of worth $3.40 a Share in Wake of DISH Offer
June 14, 2013 By
It’s been reported that by the proxy advisory firm, Institutional Shareholder Services, that recommended the Clearwire Corporation (NASDAQ:CLWR) shareholders rejected a takeover bid proposal by Sprint Nextel Corporation (NYSE:S) worth $3.40 a share in wake of a revised offer from Dish Network of worth $4.40 a share. It’s been reported that Clearwire’s board has recommended [...]
Oil Futures Surged 1.3%, BP plc, Total SA, ConocoPhillips, Chevron Corporation, Exxon Mobil Corporation, Petroleo Brasileiro Petrobras
June 14, 2013 By
On Friday crude oil futures surged after a mixed batch of economic data, putting oil on track for a solid weekly gain. For July crude delivery rose $1.27, or 1.3%, to $97.96 a barrel on the New York Mercantile Exchange. Gains in oil comes after a better than expected reading on U.S. producer prices. Oil [...]
Nokia Corporation’s NSN may need another buyer after Siemens search for new buyer
June 14, 2013 By
Siemens AG (ADR) (NYSE:SI) is looking forward for interested parties for its network equipment business commonly known as Nokia Siemens Networks, according to Wall Street Journal. Siemens, a Germany company which have a Joint venture with Nokia Corporation (ADR) (NYSE:NOK) for network equipments commonly known as Nokia Siemens Networks formed in 2007. According to WSJ, [...]
Tech Sector Most Active, Sprint Nextel Corporation, Intel Corporation, Research In Motion Ltd, AT&T Inc, Cisco Systems, EMC Corporation
June 14, 2013 By
Sprint Nextel Corporation (NYSE:S) is now entering in the race of smart phone n announced that they are going to give its own smart phone having 5 inch screen ,camera with 13 MP and jelly bean android of GOOG with high speed processor and memory with estimated price of $100. As Google is shutting down [...]
Groupon Inc (NASDAQ:GRPN) Stock Rallies 11.22%, Upgraded to buy by Deutsche Bank
June 14, 2013 By
On Friday, June 14, 2013, Groupon Inc (NASDAQ:GRPN) stocks received an upgrade rating to Buy from Hold by Deutsche Bank. Following this upgrade GRPN shares rallies 11.22%. Deutsche Bank raised GRPN price target to $10 from previous price of $6. An analysts Ross Sandler at Deutsche Bank expects the company’s billings to surge by 20% [...]
Join our 10,000+ Subscribers.