Browsing Archive: May, 2012

Gloria Trevi Faces Lawsuit of $1 Million Over Allegations of Assault

Posted by macy macon on Wednesday, May 23, 2012, In : Entertainment 
                              
Mexican pop-rock singer, Gloria Trevi is facing a lawsuit of $1 million over the allegations that her security guards assaulted a fan in the concert in Los Angeles earlier this month on May 12.

Fore more details visit here: http://www.financeenquiry.com/gloria-trevi-faces-lawsuit-of-1-million-over-allegations-of-assault
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Ellen De Generes Buys New Mansion For USD 18 Millions

Posted by macy macon on Monday, May 21, 2012, In : Entertainment 

American stand-up comedian, Ellen De Generes and her American actress spouse Portia de Rossi, have got a new address.

The couple have bought a new mansion in Beverly Hills for worth $18 Million. Their new home  features walls of glass, soaring ceilings, several fireplaces, a library, a black-and-stainless-steel kitchen, four bedrooms and six bathrooms. Swimming Pool is also part of the one- acre property, which also has most beautiful views across Los Angeles city.

for more details visi...


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'Avengers' Dream Run Threatens To Sink 'Battleship's' US Launch

Posted by macy macon on Saturday, May 19, 2012, In : Entertainment 


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Northwest bio provides update on DCVAX®-L cancer trial

Posted by macy macon on Thursday, May 17, 2012, In : News 
Northwest Biotherapeutics (OTC.BB: NWBO) (NW Bio) announced today that it now has 41 clinical trial sites open and recruiting across the United States in its ongoing clinical trial of DCVax®-L immune therapy for Glioblastoma multiforme (GBM), the most lethal form of brain cancer.  This is ahead of the Company’s previous projection of 40 sites by the end of Q2, 2012.  The Company plans to continue adding clinical trial sites in the US and Europe, and expects to have at least 60 sites ...
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Coty Retracts from Acquiring Avon (AVP)

Posted by macy macon on Wednesday, May 16, 2012, In : News 
Saying that two months are enough for considering a takeover bid, Coty withdrew its $10.7 billion bid for Avon Products (NYSE : AVP). Coty had increased its first bid made in March last week but it had warned that it was valid only till Monday night.

Coty makes perfumes for Lady Gaga, David and Victoria Beckham, Beyonce Knowles and other celebrities, while Avon makes beauty products that are sold door-to-door, by women who are popularly known as Avon ladies. A big decline in sales and pr...
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Global Hunter Securities Downgrades US Energy Corp (NASDAQ: USEG)from BUY to ACCUMULATE

Posted by macy macon on Tuesday, May 15, 2012, In : Stock News 
Analysts at Global Hunter Securities Downgrades their rating on the shares of US Energy Corp (NASDAQ: USEG) from BUY to ACCUMULATE. The 12-month target price has been reduced from from $5 to $4.50.
 
In a research note published yesterday, the analysts mention that Q1 results were decent for  US Energy Corp. The company focused its E&P efforts as a non-operator in the North Dakota Bakken and the Eagle Ford Shale in Texas, the analysts add. The company's next step could be transition int...
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Saudi Oil Minister Says Crude Prices Should Fall to USD100 a Barrel

Posted by macy macon on Monday, May 14, 2012, In : News 
Saudi Arabia’s oil minister, Ali-al-Naimi, has called for Brent crude prices to fall to $100 a barrel because global supply is outweighing demand.

Brent has fallen 6 percent this month amid concerns that fuel demand will be badly impacted by concerns over Europe’s debt crisis. OPEC’s Secretary General, Abdalla el-Badri, said May 3 that the group is working to bring down the prices. OPEC is scheduled to meet next month. Its oil production is 8.3 percent more than what it considers t...
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Deutsche Bank Securities Maintains HOLD Rating on First Republic Bank (NYSE: FRC)

Posted by macy macon on Wednesday, May 9, 2012, In : Stock News 
Analyst Dave Rochester at Deutsche Bank Securities maintains HOLD rating on the shares of First Republic Bank (NYSE: FRC). The 12-month target price is set to $35.

In a research note published yesterday, the analysts mention that the company is likely to achieve stronger growth during Q2, given the all-time-high residential loan backlogs for refinance and purchase. Also, more penetration on the company's penetration into its high networth customer base will lead to substantial growth ov...


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Use Standard and Poor's Stock Ratings As A Guide For Safe Returns

Posted by macy macon on Tuesday, May 8, 2012, In : Finance 

Financial News is a bug bearer of market information helping the investor to make good portfolio decisions. It’s an instrument that can help in financial planning and in allocation of investments. The medium provides daily stock updates, securities and investments analysis along with giving advises on equity, bonds and currency & commodity markets. Financial News secures the investor against market volatility by giving him advance indications through information dissemination.

Investm...


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S&P Capital IQ Reiterates BUY Rating on Celgene (NASDAQ: CELG)

Posted by macy macon on Monday, May 7, 2012, In : Stock News 
Analyst Steven Silver of S&P Capital IQ reiterates his BUY rating on the shares of Celgene (NASDAQ: CELG). The target price is maintained at $92.

In a research note published this morning, the analyst mentions that the 10% fall in Celgene’s share price since the reporting of Q1 results is overdone. The current valuation does not reflect the many key catalysts that are expected over the forthcoming many months, the analyst says. The analyst believes that the Q1 was on account of a d...


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Yahoo(YHOO) Negotiating To Sell 15-25 Percent Of Alibaba

Posted by macy macon on Saturday, May 5, 2012, In : Stock News 
Yahoo Inc(NASDAQ : YHOO) is planning of selling 15 to 25 percent of Alibaba Group's stock back to the company. Yahoo had acquired 40 percent stake in Alibaba, China's largest e-commerce company, in 2005.

The two companies have been negotiating for months to reach an agreement. Alibaba, the Chinese investment  holding company has held numerous discussion with Yahoo in recent years  to get back some or all its stocks from Yahoo.
The latest deal, unlike the $17 billion tax-free asset swa...


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S&P Capital IQ Reiterates BUY Rating Cigna (NYSE: CI)

Posted by macy macon on Friday, May 4, 2012, In : Stock News 
Analyst Phillip Seligman of S&P Capital IQ reiterates his BUY rating on the shares of Cigna (NYSE: CI). The target price is set to $54.

In a research note published this morning, the analyst mentions that the company has reported Q1 adjusted EPS of $1.24, vs. $1.31, $0.12 below the estimate, partly on lower group disability & life income and higher than expected healthcare operating costs. Cigna has gained 787,000 more members so far this year, reflecting market share gains, the analy...
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Court Asks Microsoft (MSFT) To Leave German Market

Posted by macy macon on Wednesday, May 2, 2012, In : Stock News 
On Wednesday, a court in Mannheim, Germany ruled   that  Microsoft (NASDAQ : MSFT) violated  Motorola Mobility's patents, ordering the  software giant  to withdraw its Xbox 360 gaming consoles and Windows 7 operating system software from the German market.

The court agreed with  Motorola's allegations of Microsoft  using its certain video-compression software in products like Windows 7 and Xbox, in a clear breach of  agreement.

The Mannheim case is latest in a series of multi-billion w...


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Deutsche Bank Securities Maintains BUY Rating on Boston Beer Company (NYSE : SAM)

Posted by macy macon on Tuesday, May 1, 2012, In : Finance 
Analysts at Deutsche Bank Securities maintain their HOLD rating on the shares of Boston Beer Company (NYSE : SAM). The 12-month target price is set to $97.
 
In a research note published on April 30, the analysts state Boston Beer's stocks were valued fairly. Growth in the year 2012 seems to meet with the anticipations as volume is driving the multiple. Development in c-stores and traffic in bar/ restaurant are assumed by observing the support for 6 -7 percent volume behind beer line ex...
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