In the first quarter, Spain’s Grupo BBVA reported profits of EUR 1,734 million, largely driven by gains of about EUR 823 million on disposals. Impairment losses fell 51% sequentially to EUR 1,376 million on the non-recurrence of special provisions in the trailing quarter, but the benefit of this was largely offset by a 7% sequential…
On Jan 21 Wal-Mart Stores Inc (NYSE:WMT) said it has launched a service allowing customers to pick up tax refunds in cash at stores across the United States. The service, Walmart Direct2Cash, was made available at Wal-Mart stores from Tuesday, the company said. Wal-Mart Stores Inc. (NYSE:WMT) belongs to Services sector. Its net profit margin…
On Jan. 11, Tekmira Pharmaceuticals Corp. (NASDAQ:TKMR), announced that they have agreed to merge to create a new leading global HBV company focused on developing a curative regimen for hepatitis B patients by combining multiple therapeutic approaches. Tekmira Pharmaceuticals Corp. (NASDAQ:TKMR) belongs to Healthcare sector. Its weekly performance is 55.49%. On last trading day company…
Alcobra Ltd. (NASDAQ:ADHD) announced the pricing of its previously announced underwritten public offering of 6,500,000 ordinary shares at an offering price of $4 per share. Gross proceeds from the sale of the shares by Alcobra before underwriting discounts and commissions and other offering expenses are expected to be approximately $26 million. The offering is expected…
St. Jude Medical released third-quarter performance that was generally consistent with our expectations, and we have not altered our projections for the full year. However, we plan to modestly raise our fair value estimate to reflect the reduced share count and cash flow realized since our last update. While St. Jude continues to wrestle with…
ATMI reported third-quarter results that were slightly below our expectations due to near-term softness in manufacturing activity in the chip industry. We are maintaining our fair value estimate and moat rating. For the quarter, revenue was $100.2 million, down 2% sequentially and down from sales of $109 million in the year-ago quarter. A near-term slowdown…
