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Vertex Pharmaceuticals Incorporation (VRTX) Has High Success Levels with Novel Cystic Fibrosis Drugs

November 24, 2014

Portfolio Manager Jeffrey Cornell of Johnson Investment Counsel bought back Vertex Pharmaceuticals Incorporation (VRTX) this year, and says the stock has appreciated due to achievements in the company’s cystic fibrosis therapy. “A big upside surprise has been on Vertex Pharmaceuticals. They are a biotech company with drugs that treat cystic fibrosis patients. While that is a fairly small market, there aren’t a lot of drugs that effectively combat the illness,” Cornell said. FOR MORE INFORMATION ON THIS INTERVIEW CLICK HERE. Cornell says Vertex’s drugs open the doorways in the lungs that allow the passing of secretions, therefore attacking the problem of cystic fibrosis rather than just the symptoms...
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Microsoft Corporation (MSFT) is a Clear Winner in Platform as a Service

November 21, 2014

Ed Maguire, Analyst at CLSA, LLC, says he believes platform as a service is the layer in cloud technology that has outsized strategic importance. He says anything that resided in the infrastructure-as-a-service layer was most likely to be subject to forces of commoditization and price pressure, while spending migrates to applications and analytics above the platform layer. “So we’ve identified a couple of key players and characteristics for winners in the Platform-as-a-Service landscape,” Maguire says. “It’s critical to be able to port applications from on premise to public cloud with minimal rewriting code. This point is something that Microsoft understood very, very early on with Azure...
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salesforce.com, inc. (CRM) on Track to Reach $10 Billion Revenue Target

November 21, 2014

FRB Capital Markets Analyst Samad Samana believes salesforce.com, inc. (CRM) is well-positioned to continue moving toward its long-term target of $10 billion of revenue. He also thinks the company is on track to be the dominant cloud software company. “They have also made a commitment to delivering margin expansion, which we believe is an increasingly greater focus for investors even on the growth side,” Samana says. “They continue to diversify their product line and over the last 12 months, they have made some significant changes, they really beefed up their sales force, their internal sales teams, and they have made some changes in leadership...
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Informatica Corporation (INFA) Adapting Business Strategy to Unstructured Data Trends

November 20, 2014

Tom Roderick, Analyst at Stifel, Nicolaus & Co, says Informatica Corporation (INFA) is one of his top stock picks. He says he likes the company because of its adaptability in the current environment. “We’re aware that the shift to Big Data means that you have to adapt to more data sources out there, and Informatica is a company that is adapting reasonably well to that theme,” Roderick says. “They have shifted more and more of their revenue stream from subscription-based cloud data integration assets, and that’s a business that has become close to 10% of their revenue stream today, but is growing much faster than the core of the company — growing greater than 40%...
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Veeva Systems Inc (VEEV) Wins With Disruptive Technology

November 20, 2014

Stifel Nicolaus & Co. Analyst Tom Roderick says Veeva Systems Inc (VEEV) has been a disruptor in the software-as-a-service sector. He says Veeva is one of a few companies emphasizing vertical specialization. “Veeva Systems has proven to be a big disruptor of big traditional CRM and document management systems in the life sciences and pharmaceutical vertical,” Roderick says. “Veeva is so dialed in and so focused on that particular vertical, they understand the enormous compliance and regulatory challenges that are being addressed within the life sciences and pharma vertical.” FOR MORE INFORMATION ON THIS INTERVIEW CLICK HERE. Roderick says he believes Veeva also has the opportunity to be disruptive on the document management side against certain entrenched competitors...
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Lee Shavel, CFO of NASDAQ OMX Group, Inc. (NDAQ), Speaks at Keefe, Bruyette & Woods Securities Brokerage Conference

November 19, 2014

NASDAQ OMX Group, Inc. (NDAQ) is looking forward to the continued migration and rollout of its next-gen product and the retirement of legacy products, said CFO Lee Shavel. He was speaking at Keefe, Bruyette & Woods’ 2014 Securities Brokerage & Market Structure Conference in New York. Shavel said he has seen prototypes for the company’s next-gen IR platform, and that they can’t be matched in terms of interface and content. NASDAQ is currently holding roadshows across the country, and the reaction has been positive, Shavel said, with improved retention from clients. He said the company is “looking forward to moving forward with over the course of 2015″ with this product...
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Regions Financial Corp (RF) to Benefit From Stimulated Economic Activity on the Gulf Coast

November 19, 2014

Analyst Richard Bove of Rafferty Capital Markets says Regions Financial Corp (RF) is an attractive company due to its book value and potential benefit from an accelerated Gulf Coast economy. “If we go down to the regional banks, I think Regions Financial is a fairly attractive company because the company also is selling at a discount to book value — which is very important to me in selecting a bank stock. Its book value is solid because it has gotten rid of its problem loans,” Bove said. FOR MORE INFORMATION ON THIS INTERVIEW CLICK HERE. Bove says that because Regions Financial is the biggest bank on the Gulf Coast in the U.S., it will likely gain from the rebuilding occurring there...
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Richard Bove Picks Morgan Stanley (MS) as an Example of Strong Business Discipline

November 18, 2014

Renowned Analyst Richard Bove of Rafferty Capital Markets, LLC, says Morgan Stanley (MS) is a company that has developed necessary business disciplines that may allow it to benefit from where the economy and financial system are headed. “Morgan Stanley has superb management, and I think it has developed a business model based around selling a large amount of financial products, not just stocks, but mortgages and loans, which seems to make a great deal of sense,” Bove said. FOR MORE INFORMATION ON THIS INTERVIEW CLICK HERE. Bove says that Morgan Stanley management, particularly CEO James Gorman, has put in place disciplines both on its balance sheet and the selection of executives...
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Bank of America Corp (BAC) Ready to Refocus on Taking Market Share

November 18, 2014

Analyst Richard X. Bove of Rafferty Capital Markets says Bank of America Corp (BAC) is the most attractive universal bank at the moment, and that after dealing with various regulatory issues is ready to seek market share. “It is selling at a discount to book value, and book value is solid,” Bove said. “The company has paid out $70 billion plus in fines and litigation, and it is not going to be paying out $70 billion in fines and litigation over the next few years. The money, which was going to fines and litigation, is now going to go to profits.” FOR MORE INFORMATION ON THIS INTERVIEW CLICK HERE. Bove says Bank of America gave up market share because it was working through these regulatory issues, but the company has now reached a point where it can start to come back and take market share...
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Catamaran Corp (USA) (CTRX) Plans to Continue Aggressive M&A Strategy

November 17, 2014

Catamaran Corp (USA) (CTRX) CFO Mike Shapiro says the company has deployed capital through an aggressive M&A strategy over the last several years. He says management believes that the best way to create value for shareholders is by continuing to deploy capital for M&A. “We’ve done eight highly accretive acquisitions over the last six years, primarily by acquiring middle-market PBMs, which are subscale and don’t have the span of services and capabilities that Catamaran has,” Shapiro says. “And within those acquisitions, a number of those, interestingly, were legacy Catamaran technology partners. So the integration of the acquisitions over the past several years has been relatively low from a risk perspective, given the fact that we already had an existing relationship with most of these PBMs...
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Advent Software, Inc. (ADVS) Seeks Growth By Displacing Older Solutions

November 17, 2014

Pete Hess, CEO of Advent Software, Inc. (ADVS), says the company plays globally across many verticals within investment management. He says the space remains very fragmented, and he sees an opportunity for Advent to grow by displacing older solutions on the market. “There are a lot of older enterprise on-site-deployed solution providers that may not be making the same level of investment to take full advantage of the new technology paradigm of cloud, mobile and social,” Hess says. “As consumers of technology, we all have new expectations for ease of use, user experience and cost of ownership. These expectations are now working their way into the workplace, and that’s why we’re making investments to engineer our solutions so that they can be easily deployed in the cloud and integrated with other applications...
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Toyota Motor Corp (ADR) (TM) Offers Strong Dividend Yield and Earnings Growth

November 14, 2014

Managing Director Marvin Kline of Logan Capital Management says his firm added Toyota Motor Corp (ADR) (TM) in the second quarter because they found the company had a strong dividend yield and balance sheet. “Toyota, at the time we brought it, had a 3% yield. They announced that they are buying back stock,” Kline said. FOR MORE INFORMATION ON THIS INTERVIEW CLICK HERE. Kline says people may not be aware that Toyota’s balance sheet is comprised of cash and marketable securities. Therefore the company has a lot of asset value in addition to its operating business. “If you subtract the value of the company’s investments from its market value, it is selling at a very low multiple of earnings,” Kline added...
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Bruce McDonald, EVP/Vice Chair Johnson Controls Inc (JCI), Speaks at Baird’s 2014 Industrial Conference

November 12, 2014

Johnson Controls Inc (JCI) has “a lot on its plate,” according to Bruce McDonald, Executive Vice President/Vice Chairman of the company, and he anticipates 2015 as the year when the company’s recent maneuvers become firmed. He was speaking at Baird’s 2014 Industrial Conference, held at the Four Seasons Hotel in Chicago. Johnson Controls has spent the last year divesting some businesses, acquiring new ones, doing a stock buyback and trying to seal some deals. A new CEO, Alex Molinaroli, “really comes in with a fresh vision to transform us to be more of what we’ve been in the past, a large automotive supplier with some other businesses on the side,” McDonald said...
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John Engel, Chairman/CEO WESCO International, Inc. (WCC), Speaks at Baird’s 2014 Industrial Conference

November 12, 2014

Major organizational changes are driving new sales for WESCO International, Inc. (WCC), according to John Engel, Chairman, CEO and President of the company. He was speaking at Baird’s 2014 Industrial Conference, held at the Four Seasons Hotel in Chicago. The company, which specializes in supply chain solutions, is headquartered in Pittsburgh, Pennsylvania. It has 9,200 employees working at 475 locations in 19 countries. FOR THE LATEST TWST INDUSTRIAL REPORT CLICK HERE. “This year, the company made major organizational changes,” said Engel. “We never had a global sales and marketing leader. We set up new functions in the front end, reorganized our business into a smaller number of P&Ls...
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Glen E. Tellock, Chairman/CEO of The Manitowoc Company Inc (MTW), Speaks at Baird’s 2014 Industrial Conference

November 12, 2014

The Manitowoc Company Inc (MTW) is “situated quite well,” said Glen E. Tellock, Chairman/CEO of the Manitowoc Company, and will start to “go on the offensive” in the coming months after “being on the defensive” for some time. He was speaking at Baird’s 2014 Industrial Conference, held at the Four Seasons Hotel in Chicago. The Wisconsin-based Manitowoc has two business platforms — food service, which accounts for 38% of sales, and cranes, which is 62% of sales. It does 56% of its business in North America, with Europe accounting for 23% and the Asia Pacific region at 12%. FOR THE LATEST TWST INDUSTRIAL REPORT CLICK HERE. Although acknowledging that “you don’t see a lot of growth in the crane business and some stubbed growth on the food side,” Tellock said Manitowoc is focused on improving its margins through operational tweaks, and is positioning itself to “leverage the upside in the opportunities we may have...
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