All Posts Tagged With: "SI"

(ADTN) ADTRAN Eyes Broadband Business

Alabama-based networking solution provider, ADTRAN Inc. (ADTN) recently announced plans to acquire Nokia Siemens Networks’ fixed-line Broadband Access business. The deal is expected to close by April next year, upon regulatory approval from concerned authorities. According... 

26Dec2011 | | 0 comments | Continued

(MR) Mindray Medical International Limited Acquires IT Firm in China

Mindray Medical International Limited (MR), a leading Chinese medical device manufacturer, recently revealed an agreement to take a majority stake in Zhejiang Greenlander Information Technology Co., Ltd. (“Greenlander”). The terms for the deal were not revealed. The... 

15Dec2011 | | 0 comments | Continued

(PG) Procter & Gamble and Siemens Extend Ties

Procter & Gamble Company (PG) gets to deepen its ties with Siemens AG (SI), as the latter confirmed the extension of providing a wide array of software to the leading fast moving consumer goods manufacturer. It will be Siemens Industry Automation Division’s business unit,... 

15Dec2011 | | 0 comments | Continued

(PHG) Royal Philips Electronics NV Earns FDA Approval of Cancer Scanners

In the face of high competition, the Dutch company Royal Philips Electronics NV (PHG) got approval from the U.S. Food and Drug Administration (FDA) to sell a combination scanner that performs both positron emission tomography (PET) and magnetic resonance imaging. The scanner... 

30Nov2011 | | 0 comments | Continued

(MR) Mindray Medical International Limited Ultrasound Systems at Radiology Society of North America

Leading Chinese medical devices maker Mindray Medical International Limited (MR) will unveil a new ultrasound system at the ongoing Radiology Society of North America (“RSNA”) annual meet in Chicago. The new system dubbed DC-T6 is a high performance imaging platform with... 

30Nov2011 | | 0 comments | Continued

(AVAV) Investing in AeroVironment

Clean Energy and Spy Bots The biggest problem with most clean energy companies is the speculation involved. Most aren’t profitable, at least not yet, especially in the electronic vehicle (EV) market. It’s a guessing game trying to figure out what products or brands will take... 

20Sep2011 | | 0 comments | Continued

(LMT) Aerospace and Defense Stock Outlook – August 2011 – Industry Outlook

The growth of the Aerospace and Defense industry depends largely on the spending outlook of government departments, with the U.S. defense budget being the primary driver. The U.S. is the world’s largest aerospace and defense market, and also home to the world’s largest military... 

30Aug2011 | | 0 comments | Continued

(MO) U.S. Trade Deficit Much Worse than Expected

The Trade Deficit rose in June to $53.07 billion from $50.83 billion in May. The rise in the trade deficit is bad news for the economy, and the level is very dangerous. For the month it was up 4.4%, and it was worse than the $48.0 billion consensus expectation. On a year-over-year... 

22Aug2011 | | 0 comments | Continued

(ABB) ABB Announces Equipment Orders

ABB Ltd. (ABB) received several orders for equipment from Samsung Heavy Industries, Hyundai Heavy Industries, Keppel FELS and Jurong Shipyard Pte Ltd., for a total value of $200 million. The company will be supplying 23 new Jack-Up and DP drilling vessels and one FPSO will be... 

16Aug2011 | | 0 comments | Continued

(DD) U.S. Trade Deficit Soars in May

The Trade Deficit rose in May to $50.23 billion from $43.66 billion in April. The rise in the trade deficit is bad news for the economy, and the level is very dangerous. For the month it was up 15.0%; worse than the $44.0 billion consensus expectation. On a year over year basis,... 

5Aug2011 | | 0 comments | Continued

(NOK) Nokia-Seimens Gets Hit With Loss of LightSquared Deal

Nokia Siemens Networks (NSN), a 50-50 joint venture between Nokia Corp. (NOK) and Siemens AG (SI), recently suffered a massive blow. On July 29, the upcoming wholesale 4G LTE (Long Term Evolution) wireless network operator LightSquared announced that it has decided to outsource... 

3Aug2011 | | 0 comments | Continued

(MR) Mindray Medical International Limited Acquires Hyssen of China

Mindray Medical International Limited (MR), a leading Chinese medical devices company, recently forged an agreement to take a controlling stake in Suzhou Hyssen Electronics Co. Ltd (“Hyssen”). The transaction will not affect Mindray’s financial results. The company... 

11Jul2011 | | 0 comments | Continued

(ABB) ABB Acquires Lorentzen & Wettre to Strengthen Business

ABB Ltd. (ABB) has entered into an agreement to acquire Lorentzen & Wettre from ASSA ABLOY AB (publ) for a price of about $119 million (SEK 750 million). The acquisition is directed to solidify the company’s pulp and paper business. Lorentzen & Wettre, based in the... 

7Jul2011 | | 0 comments | Continued

(NOK) Nokia and Siemens Joint Venture Network Wins Contract

Nokia Siemens Networks (NSN), a 50-50 joint venture between Nokia Corp. (NOK) and Siemens AG (SI) to provide telecom infrastructure solutions, recently won a contract to supply equipments for ongoing fiber-to-the-home (FTTH) network of Bulgarian Internet service provider EVO.bg.... 

6Jul2011 | | 0 comments | Continued

(SOLR) Increase Odds of Positive Earnings Surprises

Surprises are, by definition, unexpected. However, since we know that companies that report better-than-expected earnings tend to see their share prices rise after the announcement, and those that disappoint sink, it would be nice to be able to get in front of those that are... 

5Jul2011 | | 0 comments | Continued

(ABB) ABB Modernizes German Steel Plants

ABB Ltd. (ABB) will work on the ThyssenKrupp Steel’s Duisburg-Bruckhausen steel plant at Germany. The company received three contracts from ThyssenKrupp Steel Europe to upgrade the 7-stand hot strip rolling mill no 1 of the steel plant. The conglomerate value of the contracts... 

30Jun2011 | | 0 comments | Continued

(ABB) Orders Flow for ABB Limited

ABB Ltd. (ABB) received a contract from the transmission system operator in Finland, called Fingrid, for expansion and upgrade of an existing 400/110 kV (kilovolt) substation. The contract is valued at $19 million and is a part of the project to solidify Finland’s main electrical... 

29Jun2011 | | 0 comments | Continued

(NOK) Nokia and Siemens AG Venture Nokia Siemens Network Fails to Find Investor

Nokia Siemens Networks (NSN), a 50-50 joint venture between Nokia Corp. (NOK) and Siemens AG (SI) to provide telecom infrastructure solutions, has suffered a setback. For the last 6 months, NSN was looking for a third party investor in order to inject funds, thereby reducing... 

27Jun2011 | | 0 comments | Continued

(ADI) Analog Devices Posts Solid Second Quarter Earnings

Analog Devices’ (ADI) fiscal second quarter earnings beat the Zacks Consensus Estimate by 11 cents, or 16.2%. Revenue was also better than expectations, beating by around 6.0%. Results exceeded both management and our expectations on revenue and gross lines. Strong revenue... 

20May2011 | | 0 comments | Continued

(VIVO) FDA OKs Meridian C. Difficile Test

Diagnostic test kit maker Meridian Bioscience (VIVO) has clinched the approval of U.S. Food and Drug Administration (“FDA”) for its new C. difficile (Clostridium difficile) test dubbed Premier C. difficile GDH. The approval of this next-generation test broadens the Cincinnati-based... 

13May2011 | | 0 comments | Continued

(USB) U.S. Trade Deficit Up on Foreign Oil Addiction

The Trade Deficit rose in March to $48.18 billion from $45.44 billion in January (revised down from $45.76 billion. The rise in the trade deficit is bad news for the economy, and the level is very dangerous. For the month it was up 6.0%, and it was worse than the $47.7 billion... 

11May2011 | | 0 comments | Continued

(GE) General Electric Turbine Technology for Saudi Plant

Saudi Electricity Company (SEC) has selected General Electric Company (GE) for providing gas turbine technology and services for its upcoming power plant expansion projects. The approximate value of the agreements with GE is expected to be $500 million and the projects are expected... 

4May2011 | | 0 comments | Continued

(BA) U.S. Firms Out of Indian Jet Deal

India has decided against considering fighter jets manufactured by The Boeing Company (BA) and Lockheed Martin Corporation (LMT) for a $11 billion order and is narrowing down its choice to two European-made planes- France’s Dassault Rafale and the Eurofighter Typhoon. Boeing’s... 

3May2011 | | 0 comments | Continued

(IT) International Business Machines Completes TRIRIGA Acquisition

Information technology (IT) giant, International Business Machines Corp. (IBM) announced that it has completed the acquisition of TRIRIGA, Inc. Las Vegas, Nevada-based TRIRIGA Inc. is a privately held company that provides real estate management software solutions. Financial... 

18Apr2011 | | 0 comments | Continued

(UNP) U.S. Trade Deficit Down Slightly

The Trade Deficit fell in February to $45.76 billion from $46.99 billion in January (revised up from $46.34 billion). The fall in the trade deficit is good news for the economy, but the level is still very dangerous. For the month is was down 2.6%, and it was in line with the... 

12Apr2011 | | 0 comments | Continued

(GE) Is GE Paying Too Much for Growth?

by Tony D’Altorio, Investment U Research Wednesday, April 6, 2011 Few companies can claim the same industrial pedigree as General Electric (NYSE: GE). With an ancestry that goes back to Thomas Edison, it’s the longest-standing member of the Dow Jones Industrial Index. Spread... 

7Apr2011 | | 0 comments | Continued

(GIVN) Given Imaging PillCam SB Video Capsule Ok’d for Further Use

Given Imaging (GIVN), a producer of gastrointestinal products and a developer of capsule endoscopy, recently announced that the Food and Drug Administration (“FDA”) provided updated clearance for its PillCam SB video capsule, including a clearance to encourage its usage for... 

28Mar2011 | | 0 comments | Continued

(UNP) U.S. Trade Deficit Turns Ugly

The Trade Deficit rose in January to $46.34 billion from $40.26 billion in December (revised down from $40.58 billion). The rise in the trade deficit is very bad news for the economy. Not only did it soar by 15.1% on the month, it was also much worse than the $41.50 billion consensus... 

11Mar2011 | | 0 comments | Continued

(MR) Mindray Medical International Limited Earnings Beats Estimates – Signs Deal

Mindray Medical International Limited (MR), a leading Chinese medical devices company, reported fourth-quarter and fiscal 2010 adjusted (excluding one-time expenses) earnings per share of 38 cents and $1.45, respectively, beating the corresponding Zacks Consensus Estimates of... 

7Mar2011 | | 0 comments | Continued

(HIT) Merge Healthcare Announces Seven New Contracts for Clinical Trials

With an aim to strengthen its position in the health IT (HIT) market, Merge Healthcare (MRGE) has taken up seven new contracts for its clinical trials solutions. In this regard, the company signed a deal with North Carolina based Cato Research Ltd., a Contract Research Organization... 

15Feb2011 | | 0 comments | Continued