Maxim Group Reiterates BUY Rating on American Superconductor Corporation (NASDAQ: AMSC)

New York, July 31 (FinanceEnquiry.com) – Analysts at Maxim Group reiterate BUY ratings on the shares of American Superconductor Corporation (NASDAQ: AMSC). The 12-month target price is set to $7.0. In a research note published yesterday, the analysts mention that revenues remains the critical factor due to...

JP Morgan Downgrades Dendreon (NASDAQ: DNDN) from OVERWEIGHT to NEUTRAL

New York, July 31 (FinanceEnquiry.com) – Analysts at JP Morgan downgrade their ratings on Dendreon (NASDAQ: DNDN) from OVERWEIGHT to NEUTRAL. The 12-month target price has been reduced from $15 to $16. In a research note published today, the analysts mention that DNDN has been downgraded on the basis of...

Mednax Inc (NYSE: MD) Acquires Loudon Anesthesia Associates

New York, July 31 (FinanceEnquiry.com) – Mednax Inc (NYSE: MD) has announced that they have planned to acquire Loudon Anesthesia Associates, which is a physician group practice and provides anesthesia services at Inova Loudon Hospital and Inova Loudon Ambulatory Surgery Center in Leesburg, VA. Loudon...

Astronics Corporation (NASDAQ: ATRO) Acquires Max Viz Inc for $10 million

New York, July 31 (FinanceEnquiry.com) – Max-Viz Inc  has been acquired by Astronics Corporation (NASDAQ: ATRO) Max-Viz Inc is a privately held company and is a market leading developer and designer of Enhanced Vision Systems for fixed and rotary wing aircraft through OEM and after market channels both in...

Axiom Capital Research Initiates SELL Rating on United States Steel Corporation (NYSE: X)

New York, July 31 (FinanceEnquiry.com) – Analysts at Axiom Capital Research initiate SELL ratings on the shares of United States Steel Corporation (NYSE: X). The 12-month target price is set to $10. In a research note published today, the analysts mention that due to flat Rolled division accounting for 70...

JP Morgan Downgrades Graphic Packaging (NYSE: GPK) from OVERWEIGHT to NEUTRAL

New York, July 31 (FinanceEnquiry.com) – Analysts at JP Morgan downgrade their ratings on the shares of Graphic Packaging (NYSE: GPK) from OVERWEIGHT to NEUTRAL. The 12-month target price is set to $6. In a research note published yesterday, the analysts mention that GPK’s long term story is...

Chrysler Reports Profit of $436 Million in Second-Quarter

New York, July 31 (FinanceEnquiry.com) – The automaker controlled by Fiat SpA (F), Chrysler Group LLC has posted net income of $436 million for the second quarter. The sales of the Auburn Hills, Michigan-based company increased 23 percent to $16.8 billion. The sales for the passenger cars in US increased ...

For the Fourth Consecutive Month, German Unemployment Rises

New York, July 31 (FinanceEnquiry.com) – As the sovereign debt crisis forced companies to delay hiring, the unemployment in Germany rose for the fourth consecutive month. According to Federal Labor Agency, the number of unemployed rose  a seasonally adjusted 7,000 to 2.89 million. The adjusted jobless...

Moody’s Downgrades Raiffeisenbank from Baa3 to Ba1

New York, July 31 (FinanceEnquiry.com) – Analysts at Moody’s Investors Service has downgraded Raiffesien (Bulgaria)’s long and short term local and foreign currency deposit ratings from Baa3 to Ba1. The outlook on the rating stays stable. In a research note published yesterday, the analysts...

Paul McCartney Gets £1 For Olympics Perfomance

New York, July 31 (FinanceEnquiry.com) –  Sir Paul McCartney was paid just £1 as a token fees to perform at the  Olympics opening ceremony. The Beatles singer closed the spectacular event by playing tracks like The End’ and ‘Hey Jude’ . The singer didn’t mind waiving his regular...

Coca-Cola (KO) Streamlines Operating Structure

New York, July 31 (FinanceEnquiry.com) – The Coca-Cola Co (NYSE:KO) has planned to streamline its business by dividing it into three divisions namely  Coca-Cola Americas, Coca-Cola International and a bottling division. The new structure will be effective from January 1. The company is also raising the...

Moody’s Reports Sunquest’s Acquisition by Roper Industries (NYSE: ROP) is Credit Positive

New York, July 31 (FinanceEnquiry.com) – Analysts at Moody’s Investors Service reported that Sunquest’s acquisition by Roper Industries (NYSE: ROP) is credit positive. In a research note published yesterday, the analysts mention that Sunquest Information Systems Inc has entered into a...