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Tenet’s profits a little off-mark analyst estimates – THC, HCA & CYH

Boston, MA 02/27/2013 (wallstreetpr) – The third largest hospital company in the U.S, Tenet Healthcare Corporation (NYSE:THC) reported its third quarter income that has been helped by higher admissions and its 2013 forecast has been reconfirmed. Dallas-based Tenet said that its $336 million adjusted earning beat its own projections as well as all analyst forecasts. […]

Stifel- KBW merger and three senior bankers shown the door

Boston, MA 02/27/2013 (wallstreetpr) – KBW, Inc (NYSE:KBW) the boutique investment bank has been taken over by Stifel Financial Corp (NYSE:SF) and three senior bankers have been shown the exit door post the merger. Managing Director Michael Barry had joined the company in 2009 after leaving Merrill Lynch & Co. Two unidentified sources said that […]

EU court will strike the gavel on Google rights – FB & GOOG

Boston, MA 02/27/2013 (wallstreetpr) – The European Union’s top court will be setting clear-cut boundaries between data-protection rights and freedom of expression and Google Inc (NASDAQ:GOOG) is protesting. In a case, the company argued that it should not have to remove any of its search engine content that had been legally published elsewhere. Francisco Enrique […]

FTC clamps down on privacy- Apple, Google beef up – AAPL, GOOG, FB, MSFT, AMZN & BB

Boston, MA 02/27/2013 (wallstreetpr) – Google Inc (NASDAQ:GOOG), Apple Inc (NASDAQ:AAPL) and a mass of software developers are gearing up to face the rules and fines that the U.S federal trade Commission is putting in place to deal with the privacy violations that occur with the use of various mobile applications. Analysts are saying that […]

AT&T breaking out of its traditional wireless mould – T, AAPL & GM

Boston, MA 02/27/2013 (wallstreetpr) – AT&T Inc (NYSE:T) is looking beyond its expansive wireless service for growth. America’s largest phone company will be moving into the European market with the launch of mobile licenses for the home-watchdog products that it offers. Over 30 countries from across the world have asked for licenses for AT&T Inc […]

GM CEO may receive $11.1 million pay in 2013 – F, DDAIF, AIG, BAC, C & VLKAY

Boston, MA 02/26/2013 (wallstreetpr) – CEO salaries are hitting the roof and this year General Motors Company (NYSE:GM) has plans to pay its CEO Dan Akerson, $11.1 million. The company’s top 25 executives are slated to get a total of $82 million in pay. In 2011 Akerson received $7.7 million though the target compensation for […]

2010 oil spill still haunting BP and Transocean – BP, RIG & HAL

Boston, MA 02/26/2013 (wallstreetpr) – The Gulf of Mexico oil spill of 2010 was caused due to negligence on the part of BP plc (NYSE:BP) and Transocean LTD (NYSE:RIG) officials. Several oil-rig safety measures were flouted and danger signs ignored. Millions of gallons of crude oil spewed out of the Mocando well into the Gulf […]

Testosterone- muscling its way towards fighting diabetes – LLY, ABBV, BAYN & BDX

Boston, MA 02/25/2013 (wallstreetpr) – Gary Wittert, professor of medicine in Australia at the University of Adelaide set out on a search for baby boomers last month, to participate in a clinical trial. One day is all it took to get him 800 volunteers for the trial of free testosterone injections. The professor and his […]

U.S in the midst of sequestration threat

Boston, MA 02/25/2013 (wallstreetpr) – The U.S is being threatened to be pushed back into a fiscal crisis similar to the Great Depression. Sequestration or federal budget cuts are looming high over a country that is already reeling under job cuts and inflation. Democratic and Republican governors who had converged in Washington last weekend for […]

Sharp-Foxconn deal heading for a dead-end by March 26 – 6753 & QCOM

Boston, MA 02/25/2013 (wallstreetpr) – Sharp Corporation (TYO:6753)’s business talks over a possible investment from the Taiwanese Foxconn Technology Group in most probability will come to a close at a dead end on March 26. With a sharp decline in the Sharp Corporation (TYO:6753) shares, the companies have been unable to seal a deal. Unconfirmed […]

Kadcyla from Roche and ImmunoGen wins FDA thumbs up ROG & IMGN

Boston, MA 02/25/2013 (wallstreetpr) – Roche Holding Ltd (VTX: ROG) in partnership with ImmunoGen, Inc (NASDAQ:IMGN has created an anti-cancer therapy that has gained approval from the U.S Food Drug Administration. The drug which was originally called T-DM1 will now be sold under the brand name Kadcyla as it has received clearance for treating humans […]

Sales rise as Nissan promotes gender diversity in its ranks – 7201, 7203 & 7267

Boston, MA 02/25/2013 (wallstreetpr) – There is a large disparity in the men: women workforce ratio in the Japanese auto industry. It is still a male dominated one, but things are changing and Nissan Motor Co., Ltd (TYO:7201) is emerging as a forerunner in the cause. The Nissan Note hatchback has been the company’s highest […]

Takaeda’s Omontys recalled in wake of serious reactions – 4502 & AFFY

Boston, MA 02/25/2013 (wallstreetpr) – Takeda Pharmaceutical Company Limited (TYO:4502) in conjunction with Affymax, Inc (NASDAQ:AFFY) have recalled all Omontys drug lots after various reports of “serious hypersensitive reactions”, some of which had proved to be fatal. Takeda Pharmaceutical Company Limited (TYO:4502), which is Asia largest drug manufacturer stated that patient safety is its topmost […]

Lenders revise Credit line -J.C Penney out of the blues – JCP, JPM, BAC & HLF

Boston, MA 02/25/2013 (wallstreetpr) – J.C. Penney Company, Inc (NYSE:JCP), the retailer has been reeling under losses of the last five consecutive quarters and William Ackman, hedge fund manger finally heaved a sigh of relief as he got lender clearance to the tune of billions of dollars, if necessary to clear its mounting debts and […]

J&J Hips and Mesh under Government scanner

Boston, MA 02/25/2013 (wallstreetpr) – Johnson & Johnson (NYSE:JNJ) has disclosed that different government investigations are underway into various alleged faults in its hip devices and surgical mesh that is sold in the world market. Johnson & Johnson (NYSE:JNJ) recalled over 93,000 pieces from across the world after announcing that 12 percent of the devices […]

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