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Today's Free Fly Stories All of the free stories from today. |
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| 08:06 EDT |  | ZTS, PFE | Zoetis comments on Pfizer’s split-off plans for remaining interest
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| 08:05 EDT |  | TSL | Trina Solar to host business news update conference call
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| 08:05 EDT |  | CRM | Salesforce.com cash flow trends concerning, says Bernstein
Bernstein said Salesforce.com's free cash flow trends are concerning as cash expense indicates a significant decline in free cash flow per share. The firm expects Salesforce.com will have to pay a higher percentage of compensation in cash as free cash flow falls and reiterates its Underperform rating and $29 price target. |
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| 08:05 EDT | | CGIX | Cancer Genetics forms joint venture with Mayo Clinic
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| 08:05 EDT |  | | FX Action: USD-CAD firmed up in overnight trade
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| 08:04 EDT | | MBND | Goodman Networks to acquire Multiband for $3.25 per share
Goodman Networks and Multiband jointly announced that they have signed a definitive merger agreement, pursuant to which Goodman Networks will acquire Multiband. Under the terms of the agreement, Goodman Networks will pay $3.25 per Multiband common share, redeem all of Multiband's outstanding preferred stock and repay Multiband's outstanding bank indebtedness in an all cash transaction totaling approximately $116M. The agreement was approved by the unanimous vote of each of Goodman Networks' and Multiband's directors. Multiband said that its board has evaluated a number of alternatives for the company and believes that Multiband's acquisition by Goodman Networks is in the best interest of Multiband's shareholders. The transaction, which is expected to close in the third quarter of 2013, is subject to the approval of Multiband's shareholders, regulatory approvals and other customary closing conditions. There is no financing condition associated with the proposed acquisition. Upon the close of the acquisition, Multiband will be operated as a wholly-owned subsidiary of Goodman Networks and continue under Jim Mandel's leadership in the role of Chief Executive Officer of Multiband. |
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| 08:04 EDT | | ZTS, PFE | Pfizer announces plan to split-off remainder of Zoetis
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| 08:03 EDT | | KSS, SBUX | Kohl's announces Michelle Gass as Chief Customer Officer
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| 08:03 EDT | | CLSN | Celsion announces issurance of more patents covering ThermoDox technologies
Celsion announced that its proprietary patent application, "Method of Storing Nanoparticle Formulations," has now been granted in the four largest markets for liver cancer globally: China, Japan, South Korea and most recently Taiwan. Celsion holds an exclusive license agreement with Duke University for its temperature sensitive liposome technology which covers the ThermoDox formulation. Celsion's newly issued patents pertain specifically to methods of storing stabilized, temperature-sensitive liposomal formulations and will assist in the protection of global rights by extending the overall term of the ThermoDox patent portfolio to August 2026. |
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| 08:02 EDT | | PFE, ZTS | Pfizer announces plan to split-off remainder of Zoetis
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| 08:01 EDT | | VAR | Varian Medical receives FDA clearance for Nexus DRF X-ray imaging system
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| 07:59 EDT | | GRA | W.R. Grace price target raised to $101 from $90 at Jefferies
Jefferies raised its price target for W.R. Grace citing the company's balance sheet strength and margin leverage. The firm reiterates a Buy rating on the stock. |
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| 07:58 EDT |  | RBS, LYG | RBS: No new shares needed to meet regulatory capital requirements, FT reports
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| 07:58 EDT |  | GALE | Galena Biopharma initiated with an Outperform at JMP Securities
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| 07:57 EDT | | DKS | Dick's Sporting price target raised to $61 from $57 at Susquehanna
Susquehanna raised its price target on Dick's Sporting following in-line Q1 results. The firm believes the company's September analyst day and Q2 results could be catalysts to move the shares higher. Shares are Positive rated. |
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| 07:55 EDT | | | House Financial Services Committee to hold a hearing
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| 07:55 EDT | | MBND | Multiband trading halted, pending news
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| 07:54 EDT |  | MDC | M.D.C. Holdings upgraded to Buy from Hold at KeyBanc
KeyBanc upgraded M.D.C. Holdings due to relative valuation and improving operating metrics. Price target is $46. |
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| 07:54 EDT |  | RYL | Ryland Group downgraded to Hold from Buy at KeyBanc
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| 07:54 EDT | | PHM | PulteGroup downgraded to Hold from Buy at KeyBanc
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