Medidata Solutions Acquires Content Management System CHITA

Medidata Solutions Acquires Content Management System CHITA

Medidata Solutions said Wednesday it has agreed to acquire CHITA, a cloud-based content management and collaboration system built on Box Platform, a suite of enterprise-grade content management and collaboration APIs from Box. CHITA allows users to create, store, view, edit and jointly work on both regulated and non-regulated content in a single application with UX capabilities. In addition, Medidata said it will partner with Box to develop a suite of […]

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Financial Stocks Pare Day-Long Declines

Financial Stocks Pare Day-Long Declines

Financial stocks improved from their mid-day lows but still fell Tuesday after the U.S. markets extended their decline and the Federal Open Markets Committee began two days of interest-rate talks. The NYSE Financial Sector Index dropped 0.3% while financial companies in the S&P 500 Index sank nearly 0.6%. In company news, Pathfinder Bancorp (PBHC) shares rose to their best price in other two years on Tuesday after the the holding […]

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Asian ADRs Move Lower in Monday Trading

Asian ADRs Move Lower in Monday Trading

American depository receipts of Asian stocks were trading 0.78% lower at 148.72 on the Bank of New York Mellon Asia ADR Index on Monday. In North Asia, the gainers were led by solar equipment maker SPI Energy (SPI), and mobile enterprise solutions provider Kingtone Wirelessinfo Solution (KONE), which climbed 4.9% and 2.7% respectively. They were followed by Chinese steel company Ossen Innovation (OSN), and commercial real estate firm GDS Holdings […]

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Tech Sector Hanging On For Small Gains

Tech Sector Hanging On For Small Gains

Technology stocks were holding onto moderate gains late Friday afternoon, with shares of tech companies in the S&P 500 posting a 0.3% gain. In company news, KLA-Tencor (KLAC) raced to a nearly 17-year high on Friday after the semiconductor test equipment company reported fiscal Q2 net income and revenue exceeding Wall Street expectations. The company earned $1.52 per share during the three months ended Dec. 31, beating the Capital IQ […]

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Teck Resources Sells 49% Interest in Alberta Wind Farm

Teck Resources Sells 49% Interest in Alberta Wind Farm

Teck Resources said Thursday it has agreed to sell its 49% interest in the Wintering Hills wind power facility to IKEA Canada for CAD58.6 million ($44.8 million). The joint owner in the Wintering Hills wind farm, TA Wintering Hills L.P., a subsidiary of TransAlta Corp (TAC) has also sold its 51% stake to IKEA Canada. Wintering Hills is an 88 megawatt wind power facility located in Alberta, Canada, and was […]

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