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Stock Market & Financial Investment News

News For BA;AMZN;RIMM;BBRY;CHK;ENDP;BIOC;CPNO;KMP;MTOR;HA From The Last 14 Days
Check below for free stories on BA;AMZN;RIMM;BBRY;CHK;ENDP;BIOC;CPNO;KMP;MTOR;HA the last two weeks.
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May 17, 2013
11:53 EDTENDPOptions with decreasing implied volatility: SGMO ARNA CSC ENDP
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10:13 EDTBBRYBlackBerry Z10 helps company regain Canadian market share, AllThingsD says
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10:09 EDTBABoeing to host investor meeting
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07:10 EDTAMZNU.K. to question Amazon over income tax, Reuters reports
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06:43 EDTAMZNApple disputing government's e-book allegations, NY Times says
Apple (AAPL) is aggressively combating the U.S. government's contention that it pushed Amazon.com (AMZN) and publishers to raise e-book prices,The New York Times reported yesterday, citing court papers filed this week. Amazon and publishing companies were already looking to use a different pricing model before Apple joined the e-book business in 2000, the newspaper quotes Apple as stating. A trial over the Justice Department's lawsuit against Apple regarding e-book pricing is slated to start June 3, the newspaper noted. Reference Link
06:12 EDTAMZNApple losing its edge as innovator, poll shows, Bloomberg reports
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06:06 EDTAMZNOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: A so-so Q1 earnings season hasn't dented investors' enthusiasm for stocks as prices have been rising, with the DJIA up 16% for the year and 4.2% since earnings season began April 8, the Wall Street Journal reports...JPMorgan Chase (JPM), in a last-ditch effort to beat back activist investors, sent a letter to shareholders who have yet to vote on the nonbinding proposal ahead of the May 21 annual meeting, urging them to reject a proposal to split the chairman and CEO roles held by James Dimon, the Wall Street Journal reports...REUTERS: Amazon.com (AMZN) will be called back to the British parliament to clarify how its activities in the U.K. justify its low corporate income tax bill, Reuters reports...J.C. Penney (JCP) CEO Ullman says that the department store chain is emerging from what he called an abyss but warned he needs time to fix the issues of the retailer, Reuters reports...BLOOMBERG: Apple (AAPL), which holds $102B in cash and investments outside the U.S., will suggest changes to corporate-tax laws to encourage companies to bring more cash into the country, Bloomberg reports...Fiat’s (FIATY) deliberations over moving its headquarters to the U.S. after a merger with Chrysler Group LLC. raised concern among Italian unions and politicians about the plans of the country’s biggest manufacturer. CEO Marchionne is considering the move because Fiat’s main sources of revenue and profit are shifting to North America, Bloomberg reports.
May 16, 2013
16:21 EDTKMPKinder Morgan's Tennessee Gas, Mitsubishi Corp sign transportation agreement
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12:33 EDTCHKChesapeake volatility at 29-month lows
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11:08 EDTBABoeing announces 115 new 737 orders in weekly update
Boeing on its website announced 115 new orders in its weekly update consisting of 35 737s for Southwest Airlines, 70 737s for Turkish Airlines, and 10 737s for WestJet. In the changes category, Boeing reduced 737 net orders by 30.
10:03 EDTAMZNOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Amazon.com (AMZN) initiated with a Buy at Lazard Capital... Apple (AAPL) initiated with a Neutral at Susquehanna... Churchill Downs (CHDN) initiated with a Buy at Brean Capital... Interpublic Group (IPG) initiated with an Overweight at Evercore... Monarch Casino (MCRI) initiated with a Buy at Brean Capital... Stillwater Mining (SWC) coverage resumed with an Outperform at Wells Fargo... Wabtec (WAB) initiated with an Overweight at Atlantic Equities... eBay (EBAY) initiated with a Buy at Lazard Capital... Dangdang (DANG) initiated with a Buy at BofA/Merrill... Coeur d’Alene Mines (CDE) coverage resumed with a Neutral at JPMorgan... ValueClick (VCLK) initiated with an Underperform at Northland Securities... Yelp (YELP) initiated with an Outperform at Cowen.
10:03 EDTCHKOn The Fly: Analyst Downgrade Summary
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10:03 EDTENDPOn The Fly: Analyst Upgrade Summary
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09:24 EDTAMZNAmazon.com expands content licensing agreement with NBCUniversal
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08:27 EDTENDPEndo Health upgraded to Buy from Neutral at Buckingham
Buckingham upgraded Endo Health based on attractive risk/reward and expectations for a more detailed strategy from the new CEO, maybe by Q2 results. Price target remains $41.
06:47 EDTCHKChesapeake downgraded to Neutral from Overweight at JPMorgan
JPMorgan downgraded Chesapeake citing valuation and a lack of catalysts.
06:46 EDTAMZNAmazon.com initiated with a Buy at Lazard Capital
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06:20 EDTBABoeing price target raised to $112 from $105 at Citigroup
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May 15, 2013
17:46 EDTAMZNSAC Capital gives quarterly update on stakes
NEW STAKES: Discovery (DISCA), Liberty Global (LBTYA), Liberty Media (LMCA), Norwegian Cruise Line (NCLH), and Cubist (CBST). INCREASED STAKES: Suncor (SU), EQT Corporation (EQT), Amazon.com (AMZN), Visa (V), and GNC Holdings (GNC). DECREASED STAKES: News Corp. (NWSA), Facebook (FB), Sherwin-Williams (SHW), and Avago (AVGO). LIQUIDATED STAKES: Coach (COH), Dover (DOV), and Virgin Media (VMED), .
17:30 EDTBAGE, Boeing warn of defective engine parts, WSJ reports
General Electric (GE) said more than 70 Boeing (BA) 777 models may be affected by an engine manufacturing defect, reports The Wall Street Journal. Reference Link
11:30 EDTBABoeing confirms Southwest converts 30 orders to 737 Max 7s from 737s
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11:21 EDTBASouthwest revises aircraft delivery schedule
As a component of its AirTran integration, fleet modernization initiatives, and careful capital management, Southwest (LUV) has revised its aircraft delivery schedule. For 2014, five Boeing (BA) 737-700 firm orders have been converted to 737-800s, five options were exercised for -800 deliveries from Boeing, and five options to purchase Boeing Next Generation aircraft were relinquished. Five options in 2015 were also relinquished. Separately, the company has agreed to purchase ten pre-owned 737-700s for delivery in 2014 and 2015. Twelve 737NG options held by the company in 2014 and 2015, as well as 29 options in 2017 and 2018, were converted to 737 MAX options and deferred beyond 2024. The company also converted 30 Boeing 737NG firm orders in 2017 and 2018 to MAX firm orders and deferred them to 2019 through 2021.
10:13 EDTBBRYOn The Fly: Analyst Downgrade Summary
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08:24 EDTBBRYBlackBerry announces Los Angees Sheriff's Department deploys BB10, Enterprise
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08:19 EDTAMZNAmazon paid $3.7M tax in U.K.on $6.B in sales, Reuters reports
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07:48 EDTBBRYBlackBerry downgraded at Bernstein
As previously reported, Bernstein downgraded BlackBerry to Market Perform from Outperform. The firm downgraded shares based on valuation, lack of near-term catalysts, and risk the company does not meet high expectations. Price target lowered to $15 from $22.
07:12 EDTBABoeing resumes 787 Dreamliner deliveries, Reuters reports
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06:23 EDTBAAirbus in talks with major Japan carriers about A350 orders, Bloomberg reports
Airbus SAS (EADSY) is in discussions with Japan’s two biggest carriers, ANA Holdings (ALNPY) and Japan Airlines Co., about an order for its A350-1000, a long-range plane aimed at eroding Boeing's (BAs dominance in wide-body aircraft, sources say, reports Bloomberg. Reference Link
06:19 EDTBBRYBlackBerry downgraded to Market Perform from Outperform at Bernstein
Price target lowered to $15.
06:08 EDTBAOn the Fly: Periodicals Wrap-Up
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May 14, 2013
15:03 EDTBBRYBlackBerry falls after company update, levels to watch
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14:36 EDTBBRYTone at BlackBerry user conference more upbeat this year, says RBC Capital
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12:32 EDTBBRYOn The Fly: Midday Wrap
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11:56 EDTBBRYBlackBerry mobile device management opportunity underappreciated, says Jefferies
Jefferies said Blackberry's mobile device management, or MDM, opportunity is underappreciated. The firm expects MDM software to gain traction throughout the year and significantly ramp revenues next year, enabling the company to transition to an attractive business model. Shares are Buy rated with a $22 price target.
11:12 EDTBBRYBlackBerry plans to bring BBM to iOS, Android this summer
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11:01 EDTBBRYBlackBerry says bringing BBM platform to iOS, Android
Says BBM on Google's (GOOG) Android and Apple's (AAPL) iOS to start with messaging, other BBM features to follow. Comment from CEO Thorsten Heins speaking at BlackBerry Live event.
09:44 EDTBBRYSprint says will launch BlackBerry Q10 in U.S. in late Summer
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09:41 EDTBBRYBlackBerry introduces Q5 smartphone with keyboard for select markets
BlackBerry introduced the BlackBerry Q5, a BlackBerry 10 smartphone for selected markets that features a QWERTY keyboard with discrete keys. The new BlackBerry Q5 smartphone will be available in selected markets in Europe, the Middle East, Africa, Asia including the Asia Pacific region, and Latin America, with expected availability beginning in July.
09:35 EDTBBRYBlackBerry says Q5 mid-tier phone with keyboard to launch this Summer
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09:34 EDTBBRYBlackBerry says U.S. carriers to roll-out update of BB10 OS later this month
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09:34 EDTBBRYBlackBerry announces Q5 phone, a QWERTY device for emerging markets
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09:32 EDTBBRYBlackBerry CEO says U.S. carriers to start selling Q10 in early June
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08:01 EDTBBRYBlackBerry speculated to introduce low-cost phone at conference, AP says
With BlackBerry CEO Thorsten Heins set to speak this morning at the company's annual three-day conference, speculation remains that the company will introduce a lower-priced phone at the event, according to Associated Press. Reference Link
07:54 EDTAMZNAmazon's employees in Germany to strike for pay, benefits, Reuters reports
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07:16 EDTKMPCitigroup to host a conference
2013 Global Energy & Utilities Conference is being held in Boston on May 14-16.
07:10 EDTBAAir India to resume Dreamliner flights, increases order, Reuters reports
State-run Air India Ltd will resume flying its Boeing 787 Dreamliner passenger jets tomorrow, nearly four months after the planes were grounded due to safety concerns. Air India has six Dreamliners and has ordered 21 more, reports Reuters.Reference Link
07:05 EDTAMZNNetflix continues to lead web usage in North America, AllThingsD reports
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06:51 EDTBABoeing, Turkish Air finalize order for 50 737 MAXs, 20 Next-Generation 737-800s
Boeing and Turkish Airlines finalized a firm order for forty 737 MAX 8s, ten 737 MAX 9s and twenty Next-Generation 737-800 jets, valued at $6.9B at list prices. The order, originally announced as a commitment last month, also includes options for an additional twenty-five 737 MAX 8s and is the largest Boeing order in Turkish Airlines' history.
06:09 EDTBAOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: North American oil production will dominate world-wide supply growth over the next five years, the International Energy Agency predicted today, the result of growing production from "fracking" and other technologies that access once-inaccessible reserves, the Wall Street Journal reports...REUTERS: Investors are becoming increasingly selective about which bonds and stocks they buy in Southeast Asia's fast-growing economies as the risk of policy bungling makes them more discerning, Reuters reports...State-run Air India Ltd will resume flying its Boeing (BA) 787 Dreamliner passenger jets tomorrow, nearly four months after the planes were grounded due to safety concerns. Air India has six Dreamliners and has ordered 21 more, Reuters reports...BLOOMBERG: China XD Group, a state-controlled power equipment maker, is in talks to buy GE’s (GE) joint venture with Mexico’s Xignux SA for about $1B, sources say, Bloomberg reports...Philadelphia Fed President Charles Plosser said today in Stockholm that a slowing in U.S. inflation to the lowest rate in more than three years doesn’t warrant a Fed policy response, Bloomberg reports.
May 13, 2013
16:57 EDTKMPKinder Morgan raises FY13 dividend to $1.60 per share from $1.57 per share
Kinder Morgan announced an increase in its projections for Kinder Morgan (KMI) and Kinder Morgan Energy Partners (KMP) primarily based on projected contributions from the Copano Energy acquisition, which closed on May 1. KMI now expects to declare dividends of $1.60 per share up from its published annual budget of $1.57 per share, which represents an increase of approximately 14% over its 2012 declared distribution of $1.40 per share. KMP now expects to declare cash distributions of $5.33 per unit, up from its 2013 published annual budget of $5.28 per unit, which represents a 7% increase over its 2012 declared distribution of $4.98 per unit.
15:22 EDTAMZNAmazon confirms purchase of Samsung screen technology, The Digital Reader says
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14:02 EDTKMPKinder Morgan Energy announces land purchase in Texas
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11:48 EDTBAUnited says two of six Boeing 787 converted to new FAA standard
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11:29 EDTBAPentagon contracts tumbled in April, Washington Post says
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09:44 EDTBBRYBlackBerry shares rise in early trading, levels to watch
The stock is up over 2.5% at time of writing, last at $15.94. RBC Capital noted today that sell through of the company's Q10 appeared healthy. Another alternative to Apple (AAPL), Nokia (NOK) is also on the rise today. At current price, next resistance is at $16.48. Support is at $15.47.
09:27 EDTENDPEndo Health downgraded to Market Perform from Outperform at William Blair
09:25 EDTENDPOn The Fly: Pre-market Movers
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09:04 EDTENDPEndo Health falls 4.8%
Endo Health is down 4.8%, or $1.67, to $33.30
08:30 EDTBABoeing price target raised to $120 from $100 at Sterne Agee
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08:13 EDTENDPEndo Health price target lowered to $31 from $35 at Susquehanna
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08:06 EDTBBRYBlackBerry Q10 sell through looks healthy, says RBC Capital
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07:49 EDTENDPFDA decision on Opana a modest positive for Impax, says Leerink
Leerink views the FDA's denial of Endo's (ENDP) Citizen Petition as a modest positive for Impax (IPXL), which it notes is the sole holder of 180 day exclusivity on generic Opana. However, Leerink says upside for Impax will be limited as Actavis (ACT), Sandoz, and Teva (TEVA) have settlements to enter the market starting in June 2013 when Impax's 180-day generic exclusivity expires.
07:45 EDTENDPEndo Health price target lowered to $36 from $42 at Stifel
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07:32 EDTENDPEndo Health downgraded to Sell from Neutral at Lazard Capital
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07:30 EDTBATechConnect to host a summit
2013 National Innovation Summit is being held in Washington, D.C. on May 12-16.
07:20 EDTENDPEndo Health price target lowered to $37 from $47 at Jefferies
Jefferies lowered its price target for Endo Health after the FDA ruled that crushable Opana generics can come to market. The firm keeps a Buy rating on the stock, saying the company's spending flexibility is underappreciated.
06:48 EDTENDPEndo Health downgraded to Fair Value from Buy at CRT Capital
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06:12 EDTCHKBNY Mellon appeals ruling on Chesapeake’s early $1.3B bond call, Bloomberg says
Bank of New York Mellon (BK) is appealing a ruling allowing Chesapeake Energy (CHK) to proceed today with redeeming $1.3B in bonds six years early at 100 cents on the dollar, reports Bloomberg. A notice of the appeal was filed May 11 in federal court in Manhattan.Reference Link
06:00 EDTBBRYBlackBerry volatility low into BlackBerry Live
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May 12, 2013
20:28 EDTBBRYBlackBerry shares could jump to low $20s-$30 this year, Barron's says
If BlackBerry's BES, or BlackBerry Enterprise Server, is successful, the stock could reach the low $20s-$30s this year, Barron's stipulates in the Technology Trader column. The new BlackBerry network faces uncertainty, as it is unproven, the paper adds. Reference Link
May 10, 2013
16:59 EDTENDPEndo Health says FDA denial could cut FY13 adjusted EPS by 55c
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15:45 EDTENDPEndo Health trading halted, pending news
15:44 EDTENDPEndo Health denied petition to block Opana ER generics
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14:52 EDTAMZNMarket poised to end week higher as tech helps lead advance
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07:24 EDTAMZNAlibaba to expand beyond China, Economic Times reports
Alibaba is looking to expand beyond its home market in China by targeting overseas Chinese through its flagship e-commerce website Taobao, reports the Economic Times. Taobao is China's most popular e-shopping platform, with over 90% of the online market for consumer-to-consumer transactions in the country. It had more than 800M product listings and over 500M registered users as of last year. Reference Link
07:08 EDTAMZNESPN considers subsidizing wireless data plans, WSJ reports
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06:47 EDTHADelta says airlines have new priorities, NY Times reports
Delta Air Lines' bright, spacious new terminal at New York's Kennedy Airport reflects airlines' new emphasis on better amenities and service, Delta stated, according to the New York Times. The airlines, whose finances have improved, are no longer competing primarily based on price, the newspaper stated. Reference Link
May 9, 2013
16:52 EDTENDPBDSI's Phase 3 trials for BEMA Buprenorphine to finish late 2013 or early 2014
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16:44 EDTENDPBlue Ridge Capital reports 5.98% passive stake in Endo Health
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13:41 EDTAMZNAmazon hardware developments include phone with 3D screen, WSJ reports
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13:21 EDTAMZNAmazon has been developing smartphone with 3D screen, DJ reports
Dow Jones, citing sources, says Amazon has been developing a smartphone with a 3D screen, and has been developing an audio-only streaming device.
11:41 EDTBABoeing reports five new orders in weekly update
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11:35 EDTBBRYRumor: BlackBerry moves up on renewed speculation of an investor stake
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11:31 EDTBABoeing upgraded to Hold from Sell at Societe Generale
11:28 EDTBABoeing says 787 program on track for 10 per month rate by year-end
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09:06 EDTBBRYBlackBerry Street estimates are too low, says Scotia Capital
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05:54 EDTBANippon Airways to resume 787 Dreamliner flights June 1, Reuters reports
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May 8, 2013
17:26 EDTBABoeing awarded $26.06M government contract modification
Boeing was awarded a $26.06M modification, to a previously awarded firm-fixed-price, foreign military sales contract. The cumulative total face value of this contract is $216.23M.
16:30 EDTCHKMarkWest Energy acquires granite was assets from Chesapeake for $245M
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14:09 EDTCHKChesapeake confirms favorable ruling in bond litigation
Chesapeake Energy (CHK) announced that the United States District Court for the Southern District of New York has ruled in Chesapeake’s favor, enabling the company to redeem its $1.3B of 6.775% Senior Notes due 2019 at par pursuant to the Special Early Redemption provision of the Notes. The company initiated its legal action on March 8, against the trustee for the Notes, The Bank of New York Mellon (BK). Chesapeake said will proceed with its Special Early Redemption of the Notes, with payment expected to be made on May 13, adding, “We are pleased that the Court has ruled in Chesapeake’s favor. We expect the refinancing of the Notes to save the Company more than $100M in interest payments.”
13:00 EDTBBRYWi-LAN announces patent infringement against BlackBerry
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12:48 EDTCHKChesapeake wins bond suit against BNY Mellon, Reuters reports
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11:22 EDTAMZNBoehner says he probably won't back online sales tax bill, The Hill says
House Speaker John Boehner said he probably cannot support a bill that would allow states to receive sales taxes from online transactions, since he believes the bill is too burdensome to small businesses, The Hill reported last night. Reference Link
10:00 EDTENDPOn The Fly: Analyst Downgrade Summary
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09:24 EDTBBRYOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Myriad Genetics (MYGN), up 9%... Electronic Arts (EA), up 7.4%... Cognizant (CTSH), up 5.2%. ALSO HIGHER: Whole Foods (WFM), up 8.5% after earnings, raising guidance, announcing two-for-one stock split... BlackBerry (BBRY), up 2% after Macquarie says stock setting up for bounce and Jefferies says Q10 demand remains robust... Delta (DAL), up 0.7% after initiating 6c dividend, authorizing $500M share buyback. DOWN AFTER EARNINGS: ValueClick (VCLK), down 20%... Axiall (AXLL), down 8.4%... Zillow (Z), down 5.1%... SodaStream (SODA), down 6%... Symantec (SYMC), down 5.8%... AOL (AOL), down 4.6%. ALSO LOWER: Fusion-io (FIO), down 26% after resignations of CEO, Chief Marketing Officer.
08:40 EDTENDPEndo Health downgraded to Neutral from Buy at Buckingham
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07:45 EDTBBRYBlackBerry volatility low on historically tight four-month trading range
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07:40 EDTBBRYBlackBerry setting up for another tradable bounce, says Macquarie
Macquarie believes Blackberry is setting up for another tradable bounce near-term given overly bearish sentiment. The firm does not believe there have been any supply chain adjustments and checks indicate June quarter production is ahead of initial estimates and that the Q10 is likely to be a bigger upgrade product for Enterprise subs than the Z10. The analyst rates shares a Neutral but sees a short squeeze rallying shares to $17+ on a decent Q10 sell-in.
07:01 EDTENDPEndo Health downgraded to Underperform from Neutral at Cowen
06:19 EDTBBRYBlackBerry Q10 demand remains robust, says Jefferies
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05:44 EDTHAU.S. airlines' restructuring means less routes, WSJ reports
A decade of restructuring in the U.S. airline industry has resulted in a sharp reduction in air service that is curtailing traveler choice and some local economies even as it improves the industry's health, an MIT study shows, reports the Wall Street Journal. From 2007 through last year, U.S. airlines cut the number of scheduled domestic flights by 14%. The number of seats offered fell by slightly less, as airlines pushed passengers onto bigger planes, says the study. Reference Link
May 7, 2013
12:29 EDTBAHigh option volume stocks: GNK CVR ACM BA HOLX
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11:37 EDTCHKGastar gains after plan to raise funds for share buyback, settlement
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10:05 EDTAMZNeBay April SSS up 20.5%, Amazon SSS up 30.6%, ChannelAdvisor says
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10:00 EDTCHKOn The Fly: Analyst Initiation Summary
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09:18 EDTBBRYBlackBerry appears to be reducing build targets Cleveland Research
Cleveland said its research indicates a mixed launch for the Q10, further disappointments with the Z10, and additional pressure on sever revenue with subscriber declines. The analyst said Blackberry is looking to reduce build rate and partners have now preparing for 6-8M units for the next several quarters vs. 10-12M units previously. Shares are Neutral rated.
09:00 EDTBBRYBlackBerry demand well below production levels, says Pacific Crest
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08:38 EDTAMZNAmazon leak reveals planned Windows 8 mini-tablet, Telegraph says
According to a listing that appeared briefly on Amazon's (AMZN) U.S. website before being removed, a new 7-inch Acer tablet priced at $379.99 will be the first Microsoft (MSFT) Windows 8 small tablet, reported The Telegraph. This device is expected to be the first of number of mini W8 tablets that will compete with Apple's (AAPL) iPad Mini, Google's (GOOG) Nexus 7 and Amazon's own Kindle Fire, the report added. Reference Link
08:06 EDTCHKChesapeake initiated with a Cautious at ISI Group
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07:46 EDTBAAirbus orders beat Boeing in first four months of 2013, Economic Times rpeorts
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07:28 EDTBARolls-Royce to replace a LOT Dreamliner engine, Reuters reports
Rolls Royce (RYCEY) will replace one of the engines of a Boeing (BA) 787 Dreamliner owned by Polish carrier LOT that's grounded in Chicago, due to a technical issue, reports Reuters. LOT's other Dreamliner is grounded in Warsaw. Reference Link
07:08 EDTENDPEndo Health sees FY13 adjusted EPS $4.40-$4.70, consensus $4.50
Sees FY13 revenue $2.8B-$2.95B, consensus $2.9B. Sees FY13 effective tax rate 28.5%-29.5%
07:07 EDTENDPEndo Health reports Q1 adjusted EPS $1.09, consensus $1.09
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May 6, 2013
19:05 EDTAMZNSenate passes bill allowing states to tax Internet purchases, AP reports
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16:23 EDTENDPGreenLight XPS laser therapy safe and effective with faster recovery for BPH
Data to be presented at the American Urological Association Annual Meeting demonstrate that treatment for Benign Prostatic Hyperplasia, or BPH, with GreenLight XPS laser therapy with MoXy fiber, instead of transurethral resection of the prostate, or TURP, results in significantly shorter hospitalization, catheterization, and recovery times for patients, while maintaining equivalent safety and efficacy. The findings from the prospective, multicenter, randomized GOLIATH trial, demonstrate the equivalence in safety and effectiveness of the 180W GreenLight XPS system for addressing lower urinary tract symptoms associated with BPH. Manufactured by American Medical Systems, an Endo Health Solutions subsidiary, GreenLight XPS is the most widely used BPH laser treatment currently on the market.
11:02 EDTAMZNAmazon launches Android app store for China, Reuters says
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08:48 EDTBBRYBlackBerry Z10 sales trends slowing, says Canaccord
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08:13 EDTAMZNOnline sales-tax bill headed to the House, WSJ reports
A bill that would basically end tax-free Web shopping appears to be heading toward Senate passage today, but will run into stronger anti-tax sentiment in the House, reports the Wall Street Journal. Reference Link
07:31 EDTMTORMeritor reaffirms FY13 guidance
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07:24 EDTENDPDrug companies attempt to make painkillers that can't be abused, WSJ reports
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06:00 EDTBABoeing's Dreamliner troubles spark FAA industry review, WSJ reports
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May 5, 2013
14:48 EDTCHKChesapeake director Louis Simpson resigns from board
Chesapeake Energy announced on Friday that its board has accepted the resignation of director Louis A. Simpson. Thomas L. Ryan, President and CEO of Service Corporation International has been elected to fill the vacancy and has been appointed to the audit committee. He will stand for election at the 2013 annual meeting of shareholders on June 14. Mr. Ryan replaces R. Brad Martin on the audit committee, with Mr. Martin becoming chair of the nominating, corporate governance and social responsibility committee
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