Company Overview and News
Devon Energy Corporation (DVN - Free Report) announced that it has completed the sale of its ownership interests in EnLink Midstream Partners, LP (ENLK - Free Report) and EnLink Midstream, LLC (ENLC - Free Report) for $3.125 billion to affiliates of Global Infrastructure Partners. The deal was announced on Jun 6, 2018. (Read More: Devon to Monetize Midstream Assets, Buyback More Shares) The company monetized in excess of $4 billion worth of assets year to date.
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The railroad's profit surpassed Wall Street estimates as it continue to cut costs and improve its operations.
Form 8-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549
Estimates for Plains All American Pipeline, L.P. (PAA - Free Report) have been revised upward over the past 60 days, reflecting analysts’ optimism in the stock. The Zacks Consensus Estimate for 2018 and 2019 earnings have moved up 7% and 8% to $1.52 and $1.88, respectively. Plains All American Pipeline is a master limited partnership based in Houston, TX. It is involved in the transportation, storage, terminalling and marketing of crude oil, natural gas, natural gas liquids (NGL) and refined products in the United States and Canada.
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Columbus and Oklahoma City are the latest expansion territories that also include Miami, Orange County, Los Angeles and Atlanta San Diego, CA, July 17, 2018 (GLOBE NEWSWIRE) -- Generation NEXT Franchise Brands, Inc. (OTCQB: VEND) announced today that its flagship subsidiary, Reis & Irvy’s, has signed two agreements with exclusive master franchise rights for the robot-staffed frozen yogurt chain in both Ohio and Oklahoma.
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In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out this week in the energy sector. Each week we’ll dig into some data and provide a bit of explanation on what drives the numbers.
Ferrellgas Partners L.P. (FGP - Free Report) announced the buyout of Diamond Propane, Inc, based in Potsdam, NY. Diamond Propane is a propane retailer that serves residential, agricultural, industrial and commercial customers in and around St. Lawrence County. The acquisition is expected to be immediately accretive to earnings and expand Ferrellgas’ operation in northern New York. Expansion via Acquisition Along with organic growth, Ferrellgas looks for strategic acquisitions of other propane operators to expand footprint across the United States.
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Stocks are opening slightly higher on Wall Street as the market heads for a second straight week of healthy gains.
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Earnings estimates for Enphase Energy, Inc (ENPH - Free Report) have been revised upward over the past 90 days, reflecting analyst’s optimism in the stock. The Zacks Consensus Estimate for 2018 and 2019 earnings moved up by 28.6% and 20% to 9 cents and 30 cents, respectively. Enphase Energy, based in Petaluma, CA, designs, develops and sells microinverter systems for residential as well as commercial markets in the United States and internationally.
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Stocks were indicated to open higher after Wednesday’s sell-off broke a five-day streak. Investors have had less faith and lower rewards by buying the dips in 2018 than in prior years. Many of those investors also have been concerned about how they want their investments positioned ahead of the midterm elections and into international trade concerns, as well as for the longer-term.
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Estimates for ReneSola Ltd. (SOL - Free Report) have been revised upward in the past 30 days, reflecting analysts’ optimism in the stock. The Zacks Consensus Estimate for 2018 and 2019 earnings have moved up 550% and 141.7% to 26 cents and 29 cents, respectively. China-based ReneSola, is a manufacturer and seller of solar wafers as well as related products. The company’s shares have returned 7.1% in the past month compared with the industry’s gain of 6.
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Investors with an interest in Oil and Gas - Exploration and Production - United States stocks have likely encountered both Devon Energy (DVN - Free Report) and Apache (APA - Free Report) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.
Energy producers have flocked to the prolific Permian Basin boosting demand for takeaway capacity and creating serious bottlenecks.
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Anadarko Petroleum’s (APC - Free Report) board of directors has authorized a $1-billion hike in share repurchase program and raised its debt reduction plan by $500 million. The authorization indicates the company’s plan to utilize free cash flow to fund repurchase and repayment of debts.
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2018-07-17 - Asif
History and Development of the Company Kitov Pharma was incorporated under the laws of the State of Israel (under a previous name) on August 12, 1968 and its ordinary shares were originally listed for trading on the TASE in 1978. The company's ordinary shares are currently traded on the TASE under the symbol “KTOV”, and its ADSs and its public warrants are traded on NASDAQ under the symbols “KTOV” and “KTOVW”, respectively. In October 2012, the District Court in Lod, Israel approved the creditors arrangement in accordance with Section 350 of the Companies Law in order to effectuate the sale by Kitov Pharma (then known as Mainrom Line Logistics Ltd.) of all its activities, assets, rights, obligations and liabilities to a private company held by its then controlling shareholders, and all rights of Kitov Pharma’s creditors against it were extinguished. The sale was made pursuant to an arrangement between Kitov Pharma and its creditors. Following such sale and a related cash...
2018-07-17 - Asif
Overview and Recent Developments Athersys is an international biotechnology company that is focused primarily in the field of regenerative medicine. The company's MultiStem® cell therapy, a patented and proprietary allogeneic stem cell product, is its lead platform product and is currently in later-stage clinical development. The company's current clinical development programs are focused on treating neurological conditions, cardiovascular disease, inflammatory and immune disorders, certain pulmonary conditions and other conditions where the current standard of care is limited or inadequate for many patients, particularly in the critical care segment. Current Programs By applying its proprietary MultiStem cell therapy product, the company established therapeutic product development programs treating neurological conditions, cardiovascular disease, inflammatory and immune disorders, and other conditions. The company's programs in the clinical development stage include ...
2018-07-16 - Asif
General The company's objective is to build a profitable and growing specialty therapeutics company. To meet this objective, Cytori Therapeutics has acquired and are developing two technology platforms that hold promise for treating millions of patients and represent significant potential for increasing shareholder value. The company's current corporate activities fall substantially into advancing these platforms: Cytori Nanomedicine and Cytori Cell Therapy. The Cytori Nanomedicine platform features a versatile liposomal nanoparticle technology for drug encapsulation that has thus far provided the foundation to bring two promising drugs into mid/late stage clinical trials. Nanoparticle encapsulation is promising because it can help improve the delivery and metabolism of many drugs, thus potentially enhancing the therapeutic profile and patient benefits. The company's lead drug candidate, ATI-0918 is a generic version of pegylated liposomal encapsulated doxorubicin. Pegyl...
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