In a bid to gain access to a promising new treatment for chronic obstructive pulmonary disease, or COPD, pharmaceutical giant AstraZeneca (NYSE: AZN ) announced today it is acquiring privately held Pearl Therapeutics in a deal that could have a total valuation of $1.15 billion when all is said and done.
Under the terms of the agreement, AstraZeneca will acquire 100% of Pearl's shares for an initial payment of $560 million at the time of completion. An additional $450 million will be payable if Pearl's products under development, particularly its triple combination therapies and selected future products�developed�using Pearl's technology platform, achieve certain development and regulatory milestones.
Assuming certain sales thresholds are then exceeded, Pearl could receive an additional $140 million, bringing the total potential acquisition cost up to $1.15 billion.
Best Tech Companies To Buy For 2014: Teradata Corporation(TDC)
Teradata Corporation provides analytic data solutions worldwide. The company offers various data warehousing solutions that comprise software, hardware, and related business consulting and support services. Its solutions integrate an organization?s departmental and enterprise-wide data about customers, financials, operations, and others into a single enterprise-wide data warehouse. The company also provides various software and hardware products, including Teradata Analytic Database Software, which delivers near real-time intelligence; Teradata Platform Family for the hardware component; Teradata Logical Data Models that are blueprints for designing an integrated data warehouse; Teradata Aster MapReduce Platform, a platform for analyzing new multi-structured data sources and data types; and Teradata Integrated Analytics to convert traditional data warehouse into an analytic services environment. In addition, it offers Teradata Analytic Applications and Tools comprising da ta mining, master data management, integrated marketing management, enterprise risk management, finance and performance management, demand and supply chain management, and profitability analytics to solve business problems. Further, the company provides consulting services, such as data warehousing business impact modeling, design, architecture, installation, implementation, and optimization consulting services, as well as enterprise analytics consulting, data management, and managed services; customer support services; and training services. It serves various companies in banking/financial services, media and entertainment, government, insurance and healthcare, manufacturing, retail, telecommunications, transportation, and travel industries. The company has strategic partnerships with Accenture, Capgemini, Cognizant, Computer Sciences Corporation, Deloitte, IBM Global Business Services, and Wipro Limited. Teradata Corporation was founded in 1979 and is headquartered in Dayt on, Ohio.
Advisors' Opinion:- [By John Divine]
Teradata (NYSE: TDC ) shares were hit by Oracle's underwhelming results, as well. Teradata, which slumped 4.2% today, competes with Oracle in several areas, one of them being Big Data -- the growing need for companies to sift through, analyze, and mine vast amounts of data they already have stored or continue to collect. If Oracle's sales miss was truly a reflection of wider economic weaknesses, as the company claims, then Teradata's quarterly revenue might also disappoint when it's announced next month.�
- [By Sean Williams]
Analytic data solutions provider Teradata (NYSE: TDC ) jumped 2.7% on this shortened session following positive comments from Paul Meeks of Saturna Capital on CNBC yesterday. Meeks referred to Teradata in his on-air interview as his pick in the big data analytic space. As usual, I would suggest taking analyst comments with a grain of salt because they are often short-term drivers of stock prices. In this case, though, I do agree with Mr. Meeks. Teradata has plenty of cash on hand to continue investing in its products, and it's perfectly positioned to take advantage of the ongoing move into the cloud and big data centers.
- [By Corinne Gretler]
TDC dropped 3.1 percent to 46.41 kroner as a group of private-equity firms sold its stake in the company for 4.17 billion-krone ($743 million). NTC sold 90 million shares at 46.30 kroner apiece. That amounted to an 11 percent stake in TDC, (TDC) according to JPMorgan Chase & Co. which managed the sale.
Best Tech Companies To Buy For 2014: Infinera Corporation(INFN)
Infinera Corporation provides optical networking equipment, software, and services to communications service providers, Internet content providers, cable operators, and subsea network operators worldwide. Its products include digital transport node (DTN) platform that utilizes photonic integrated circuit technology to enable digital processing and management of data with the capability to generate wavelength division multiplexing (WDM) wavelengths and to add, drop, switch, manage, protect, and restore network traffic digitally; line systems that provide the management communications channel between network nodes and allow customers to manage capacity on network; and ATN platform that is used to extend the digital optical network architecture benefits of the DTN platform, and used as standalone WDM access systems. The company also provides IQ Network Operating System, an embedded software operating system that enables customers to simplify and speed up the tasks they perfor m to deliver, differentiate, and manage services; and a set of standards-based network and element management tools and operations support system integration interfaces to manage DTN and ATN platforms. In addition, it offers various product support services, including hardware and software technical support, installation and deployment, spares management, first line maintenance, on-site technical support, product technical training, and extended product warranties. The company?s customers include competitive carriers, multiple system operators, incumbent carriers, research and education/government organizations, and resellers. Infinera Corporation markets and sells its products and related support services primarily through its direct sales force, as well as through distribution or support partners. The company, formerly known as Zepton Networks, was founded in 2000 and is headquartered in Sunnyvale, California.
Advisors' Opinion:- [By Alex Planes]
What: Shares of Infinera (NASDAQ: INFN ) , which bottomed out at a nearly 14% loss earlier today, are sitting on a nearly 8% loss as of this writing after the company failed to impress Wall Street with improved guidance despite a double beat on its earnings report last evening.
5 Best Tech Stocks To Buy Right Now: Amalphi AG (AMI)
Amalphi AG is a Germany-based company that offers multivendor services for the maintenance of hardware and software of all kinds of Information Technology (IT) equipment. Its main activity is the sale of services including quality assurance, whereas the physical services are provided via international service providers. The Company's products include amalphi ip and ip-pack. amalphi ip is a maintenance service concept for IT-, office- and other technical equipment based on electronic components, which include hardware and software maintenance, help desk service, patch management and asset management. ip-pack offers service packs for the OEM with Service Level Agreements (SLAs) for Hewlett-Packard and IBM products. The Company has a sales network throughout Germany. ES Investment GmbH holds approximately a 49%-stake in the Company.Best Tech Companies To Buy For 2014: Convergys Corporation (CVG)
Convergys Corporation provides relationship management solutions in North America and internationally. Its Customer Management segment offers agent-assisted, self-service, and intelligent technology care solutions, including customer service, customer retention, sales, technical support, social interaction, collections management, back office, business-to-business, customer experience applied analytics, and intelligent interaction solutions for communications, financial services, technology, retail, healthcare, and government markets. This segment also provides premise-based and hosted automated self-care and technology solutions; speech recognition solutions; and license, professional, consulting and maintenance, and software support services. Convergys Corporation was founded in 1998 and is headquartered in Cincinnati, Ohio.
Best Tech Companies To Buy For 2014: Bel Fuse Inc.(BELFB)
Bel Fuse Inc., together with its subsidiaries, engages in the design, manufacture, and sale of products used in local area networking, telecommunications, business equipment, and consumer electronic applications in North America, Europe, and Asia. It offers various magnetic products, including MagJack integrated connector modules that provide the signal conditioning, electromagnetic interference suppression, and signal isolation for networking, telecommunications, and broadband applications; diplexer and triplexer filters used in high speed, home networking applications that utilize excess bandwidth available on existing coax cabling; power transformer products comprising standard and custom designs for use in alarm, security, motion control, elevator, and medical products; and discrete magnetic components consisting of transformers and chokes for use in networking, telecommunications, and broadband applications. The company also offers modules, such as power conversion mo dules comprising standard and custom isolated and non-isolated DC-DC converters designed to power low voltage silicon devices; and integrated modules that condition, filter, and isolate the electronic signal to ensure accurate data/voice/video transmission, as well as circuit protection products, including board level fuses and polymeric positive temperature coefficient devices for use in televisions, consumer electronics, power supplies, computers, telephones, and networking equipment. In addition, it provides a line of modular connectors, such as RJ45 and RJ11 passive jacks, plugs, and cable assemblies; and compression interfaces, high speed cables, connectors, and enclosures and harnesses. Bel Fuse Inc. sells its products through direct strategic account managers, regional sales managers working with independent sales representative organizations, and authorized distributors. The company was founded in 1949 and is headquartered in Jersey City, New Jersey.
Best Tech Companies To Buy For 2014: Hanwha SolarOne Co. Ltd.(HSOL)
Hanwha Solarone Co., Ltd., an investment holding company, engages in the manufacture and sale of silicon ingots, silicon wafers, and PV cells and modules. The company also offers mono crystalline and multi crystalline silicon cells; and provides PV module processing services. It sells its products to solar power system integrators and distributors primarily in Germany, Italy, Australia, the United States, the Czech Republic, Spain, and China. The company was formerly known as Solarfun Power Holdings Co., Ltd. and changed its name to Hanwha SolarOne Co., Ltd. in December 2010. Hanwha Solarone Co., Ltd. was founded in 2004 and is based in Qidong, the People?s Republic of China.
Advisors' Opinion:- [By Roberto Pedone]
One under-$10 stock that's starting to move within range of triggering a big breakout trade is Hanwha SolarOne (HSOL), which manufactures a number of silicon ingots, PV cells and PV modules using advanced manufacturing process technologies. This stock has been on fire so far in 2013, with shares up 301%.
If you take a look at the chart for Hanwha SolarOne, you'll notice that this stock has been uptrending strong for the last month and change, with shares moving higher from its low of $2.60 to its recent high of $4.28 a share. During that uptrend, shares of HSOL have been making mostly higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of HSOL within range of triggering a big breakout trade.
Traders should now look for long-biased trades in HSOL if it manages to break out above its 52-week high at $4.28 a share with high volume. Look for a sustained move or close above that level with volume that hits near or above its three-month average action of 1.61 million shares. If that breakout triggers soon, then HSOL will set up to enter new 52-week-high territory, which is bullish technical price action. Some possible upside targets off that breakout are its next major overhead resistance levels at $6 to $7 a share.
Traders can look to buy HSOL off any weakness to anticipate that breakout and simply use a stop that sits right below its 50-day moving average at $3.40 a share, or near more support at $3.35 a share. One can also buy HSOL off strength once it clears $4.28 a share with volume and then simply use a stop that sits a comfortable percentage from your entry point.
- [By Travis Hoium]
What: Solar stocks are shooting higher again today as the strong run in 2013 continues. LDK Solar (NYSE: LDK ) , Canadian Solar (NASDAQ: CSIQ ) , Yingli Green Energy (NYSE: YGE ) , Hanwha SolarOne (NASDAQ: HSOL ) , and JinkoSolar (NYSE: JKS ) led the way, gaining between 10% and 22% today.
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