Facebook Inc (NASDAQ FB) is facing a class-action lawsuit in Europe that could bring Facebook’s lack of privacy protection into focus. The suit says that after Facebook’s privacy policy became apparently deliberately confusing, violations occurred. Austrian law student and privacy activist Max Schrems said Friday he will challenge the social network in court. Schrems says…
Range Resources RRC reported first-quarter results Thursday. Quarterly production came in at 876 MMcfe per day, up 4% sequentially and 34% year over year and above both the company’s guidance and our forecast of 839 MMcfe/d. Growth was led by Range’s Marcellus acreage, where the firm continued to deliver impressive results across both its liquids-rich…
Alkermes (NASDAQ ALKS) is leaving no stone unturned to develop its pipeline successfully. The biopharmaceutical company’s pipeline expanded significantly following the purchase of the erstwhile Elan’s drug delivery unit. Elan was acquired by Perrigo Company (NASDAQ PRGO) last year. Important pipeline candidates at Alkermes include ALKS 5461 for treating patients suffering from major depressive disorder…
Facebook Inc (NASDAQ FB) released its latest earnings report recently, exceeding the estimates of analysts with strong key metrics. As a result, Sterne Agee analysts have increased their estimates and price target for the social network. Shares of Facebook Inc (FB) have surged more than 5% after the recent solid earnings report. The company reported…
NTT DoCoMo DCM reported fiscal year-end results that were generally in line with our expectations, but margin guidance for this year was lower than we anticipated. We have put our fair value estimate under review as we revise our model projections. There is no change to our economic moat rating. Revenue grew 5.4% year over…
The purported release dates for the Apple Inc. (NASDAQ:AAPL) iPhone 6 and iWatch is ticking ever nearer, yet there is still no word from Apple on precisely when we will see either of these high-profile devices. This has led to a raft of speculation about Apple fans, as those eagerly anticipating the release of the…
