(Adds detail and background.)
By Alex MacDonald
LONDON--Vedanta Resources PLC (VED.LN) plans to materially reduce its capital expenditure plan, the company's chief executive said Friday, amid concerns about the company's ability to pay down debt after the recent commodities price slump.
By Daniel Goldstein, MarketWatch
Timeshares have been huge profit centers for hotel companies like Starwood Hotels & Resorts Worldwide (HOT) , which has sold more than $6 billion in vacation timeshare properties to more than 220,000 buyers over the past 30 years.
Synergy Pharmaceuticals Inc. (NASDAQ:SGYP) announced today the
initiation of the first of two planned pivotal phase 3 clinical trials
evaluating the safety and efficacy of 3.0 and 6.0 mg plecanatide,
once-daily oral tablets, for the treatment of irritable bowel syndrome
with constipation (IBS-C). Synergy is also evaluating 3.0 and 6.0 mg
doses of plecanatide in two ongoing pivotal phase 3 trials for chronic
idiopathic constipation (CIC), scheduled to read out top-line results in
second quarter and third quarter 2015.
By Philip van Doorn, MarketWatch These companies had double-digit increases in sales per share even before November's solid retail-sales report
After disappointing retail-sales reports around Thanksgiving, investors cheered on Thursday, when the Department of Commerce said U.S. retail sales rose 0.7% during November, the best performance in eight months.
Sign-up for HAWAIIAN ELECTRIC INDUSTRIES INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Hawaiian Electric Industries, Inc. investment picks
Myers Industries, Inc. (NYSE:MYE), an international manufacturer of
polymer products and wholesale distributor servicing the under vehicle
service industry in the U.S., announced today that it has entered into a
definitive agreement to sell its Lawn & Garden business for $115 million
to an entity controlled by Wingate Partners V, L.P., a Dallas, TX based
private equity firm.
Radian Guaranty Inc., the mortgage insurance subsidiary of Radian Group
Inc. (NYSE: RDN), announced today that it has entered into a Stock
Purchase Agreement to sell 100% of the issued and outstanding shares of
Radian Asset Assurance Inc., Radian’s financial guaranty insurance
subsidiary, to Assured Guaranty Corp., a subsidiary of Assured Guaranty
MaxLinear Inc. (NYSE: MXL ),
a leading provider of integrated radio frequency (RF) and mixed-signal
integrated circuits for broadband communications applications, today
announced Pro Brand International Inc. (PBI), has launched a new direct
broadcast satellite digital outdoor unit (D-ODU) leveraging the
MaxLinear MxL801 dual-polarity Ku-band satellite down-conversion RF IC,
and the MxL862 24-channel, Full-Spectrum Capture™ (FSC™)
channel-stacking system on chip (SoC).
PBI is a leading developer of advanced satellite antenna, and
channel-stacking low-noise block down converter (LNB) products that is
leading the market transition to multi-channel solutions.
By Chelsey Dulaney
Electronics chain makes improvements to website made to confront online competition
Best Buy Co.'s holiday sales in the U.S. grew 4.1% on sharply higher online sales, but the retailer warned that its earnings would begin to feel pressure starting next quarter as it boosts spending to fuel growth.
Independent. Insightful. Trusted. Morningstar provides stock market analysis; equity, mutual fund, and ETF research, ratings, and picks; portfolio tools; and option, hedge fund, IRA, 401k, and 529 plan research. Our reliable data and analysis can help both experienced enthusiasts and newcomers.