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Tuesday 30 June 2015
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Pre-Market News Buzz on: Agilent Technologies (NYSE:A), Medtronic (NYSE:MDT), CBL & Associates Properties, (NYSE:CBL), Walter Energy, (NYSE:WLT)

On Monday, Agilent Technologies Inc (NYSE:A)’s shares inclined 0.76% to $39.79.

Agilent Technologies Inc (A) introduced a second automatic sampler for its ultra-high-performance 1290 Infinity II LC system. The new 1290 Infinity II Vialsampler shortens injection cycles, lowers carryover and enlarges sample capacity—at a pressure range of up to 1300 bar.

The new module is being shown for the first time at HPLC 2015, an international symposium on high-performance liquid phase separations and related techniques, in Geneva, Switzerland, this week.

Highly integrated, the new module combines autosampler features with options to integrate both a column oven and a sample cooler. It offers analytical laboratories a cost-effective way to experience the advantages of ultra-high-pressure liquid chromatography.

Agilent Technologies, Inc. provides bio-analytical solutions and services to the life sciences, diagnostics and genomics, chemical analysis, communications, and electronics industries worldwide. The company’s Life Sciences and Diagnostics segment offers liquid chromatography systems, columns, and components; liquid chromatography mass spectrometry systems; laboratory software and informatics systems; laboratory automation and robotic systems; dissolution testing; nucleic acid solutions; nuclear magnetic resonance, magnetic resonance imaging, and X-ray diffraction systems; immunohistochemistry; in situ hybridization; hematoxylin and eosin staining; special staining, DNA mutation detection; genotyping; gene copy number determination; identification of gene rearrangements; DNA methylation and gene expression profiling; next generation sequencing target enrichment; and automated gel electrophoresis-based sample analysis systems.

Medtronic PLC (NYSE:MDT)’s shares gained 0.65% to $77.21.

Medtronic PLC (MDT) declared recently that it is seeking applications for the 2015 Bakken Invitation Award, a global program honoring and connecting people who have overcome health challenges with the assist of medical technology and are now selflessly giving back to their communities.

To qualify for the Bakken Invitation Award, applicants 14 years or older must use a medical device therapy to treat the following disease categories: heart disease, diabetes, chronic pain, spinal disorders, or neurological, gastroenterological and urological disorders. All applicants with eligible medical technology, regardless of device manufacturer, can apply or be nominated. Applicants must have an established relationship of involvement with a legal nonprofit organization for six months or more.

Applications for the 2015 Award will be accepted until July 31, 2015. To apply or nominate someone for this honor, visit www.LiveOnGiveOn.org. A selection committee will review all nominations, and applicants will be notified in September.

Medtronic plc, a healthcare solutions company, provides medical technologies, services, and solutions worldwide. It operates through three segments: Cardiac and Vascular Group, Restorative Therapies Group, and Diabetes Group. The Cardiac and Vascular Group’s products comprise pacemakers; insertable cardiac monitors; implantable defibrillators; leads and delivery systems; ablation products; electrophysiology catheters; products for the treatment of atrial fibrillation; information systems for the administration of patients with cardiac rhythm disease administration devices; products to reduce surgical site infections; coronary and peripheral stents and related delivery systems; therapies for uncontrolled hypertension; endovascular stent graft systems; heart valve replacement technologies; cardiac tissue ablation systems; and open heart and coronary bypass grafting surgical products.

At the end of Mondays trade, CBL & Associates Properties, Inc. (NYSE:CBL)‘s shares dipped -1.55% to $16.80.

CBL & Associates Properties, Inc. (CBL) known locally as the co-owner of Triangle Town Center mall in north Raleigh, has taken on another big position in the state with its $192 million purchase of the Mayfaire Town Center and Community Center in Wilmington on Thursday.

Chattanooga, Tennessee-based CBL (NYSE:CBL) attained the property through an all-cash deal with the developers of Mayfaire, Greenville-based BrodyCo. Inc. and Wilmington-based Zimmer Development Co., according to news release from CBL after the stock market closed.

According to CBL, the center generates more than $200 million in sales annually with shop sales of $385 per square foot, which will rank it among CBL’s most profitable properties in its portfolio of 148 shopping malls and retail centers nationwide.

CBL & Associates Properties, Inc. is a public real estate investment trust. It engages in acquisition, development, and administration of properties. The fund invests in the real estate markets of United States. Its portfolio comprises of enclosed malls and open-air centers. CBL & Associates Properties is based in Oak Brook, Illinois. CBL & Associates Properties was founded in 1978 and is based in Chattanooga, Tennessee with additional offices in Waltham, Massachusetts; Chesterfield, Missouri; and Irving, Texas.

Walter Energy, Inc. (NYSE:WLT), ended its Monday’s trading session with 52.31% gain, and closed at $0.300.

Walter Energy, Inc. (WLT) has executed a number of measures like cost-containment and idling uneconomical mines to counter the overall softness in coal demand.

Walter Energy’s stable met coal prospects will enable the company to meet increasing future coal demand. However, the company is predictable to face tough competition from prime coal exporting countries like Australia and Indonesia.

Birmingham, AL-based Walter Energy’s first-quarter 2015 operating loss was narrower than the Zacks Consensus Estimate. Quarterly revenues however missed the expectations and declined year over year due to lower average selling prices and average volume sold for met coal. As a result of the ongoing downtrend, Walter Energy has been reporting losses in the last four quarters, raising concerns about its financial capabilities to cover up essential costs in case of a bankruptcy.

Walter Energy, Inc. produces and exports metallurgical coal for the steel industry. It operates through two segments, U.S. Operations, and Canadian and U.K. Operations. The company also extracts, processes, markets, and/or possesses mineral reserves of thermal coal and anthracite coal, in addition to produces metallurgical coke and coal bed methane gas. As of December 31, 2014, it had about 392.7 million metric tons of recoverable reserves. Walter Energy, Inc. sells its metallurgical coal in Europe, Asia, and South America; and thermal coal primarily to large utilities and industrial customers located principally in Alabama, West Virginia, and the United Kingdom.

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