Featured

Magic Software Posts Good Second-Quarter Results; Guidance Increased

Magic reported good second-quarter results with revenue of $47.4 million, an 11% increase year-over-year, coming in above the Street mean of $46.6 million. The growth ...

BCBS Illinois and Other HCSC Members Now Deem Cologuard Medically Necessary;

On Wednesday morning, BCBS of Illinois posted an updated medical policy on its website indicating that Cologuard may be considered medically necessary for colorectal cancer ...

Collegium Pharmaceutical, Second-Quarter Earnings Call Update

After the markets closed on Wednesday, August 10, Collegium released its second quarter 2016 financial results and provided a corporate update. The focus of the ...

Another Twist in Terex–Konecranes Merger; Ball in Zoomlion’s Court

On Monday morning, Terex announced that it would scrap the initial merger with Konecranes and instead signed a definitive agreement to sell the Material Handling ...

Aratana Fetches Another FDA Approval With Entyce to Launch in 2017

After the close on Tuesday, Aratana Therapeutics announced that it had received its second FDA product approval as the company continues to execute on its ...

Rackspace Posts Solid Second-Quarter Results; Deal Speculation Front and Center

Rackspace reported solid results for the second quarter of 2016 and did not comment on media reports that the company is in talks to be ...

Babcock Second-Quarter Results a Bit Shy

Babcock & Wilcox reported noisy second quarter 2016 results, as expected, following the operational update it provided on June 28, 2016. Adjusted loss per share ...

Diplomat Pharmacy Second-Quarter Analysis

On Tuesday evening, August 9, Diplomat reported second-quarter earnings that beat our estimate by $0.03 and consensus by $0.02. The better results compared with our ...

tiffany

Tiffany & Co. CFO Resigns; See Limited Risk to Operational Initiatives Presented at Recent Analyst Event

In an 8-K filed Friday morning, May 13, Tiffany revealed that CFO Ralph Nicoletti has notified the company of his resignation, effective May 20, 2016. ...

Nanosphere Acquisition Brings Another System Into the Luminex Fold

Before the open on Friday, Luminex announced that it entered into a definitive agreement to acquire Nanosphere for $1.35 per share, a 73% premium to the ...

crm

Conclusions From Salesforce Connections 2016; and First-Quarter Preview

This week we attended Salesforce Connections, the company’s annual Marketing Cloud user conference, which was held in Atlanta, Georgia. The event highlighted the company’s new ...

Abrupt Resignation of Francesca’s CEO Casts Uncertainty on Long-Term Strategy

Ahead of the open, Francesca’s announced the resignation of Chairman, President, and CEO Michael Barnes, effective immediately. Mr. Barnes, who joined the company in December ...

Markets

Michael Kors Better Than Feared Wholesale Drives Beat

Michael Kors beat consensus earnings expectations in the quarter and its own guidance driven by better top-line results with a less-than-feared decline in wholesale offsetting ...