JetBlue to Equip Pilots With Custom iPads and 2 Other Hot Stocks to Follow
JetBlue Airways (NASDAQ:JBLU): Current price $6.25
Once the Federal Aviation Administration approves, the carrier will equip all its pilots with custom-equipped iPads on-board, replacing the heavier paper manuals during flight phases, thus lowering weight on the planes, saving fuel and printing costs. Plus, pilots will gain real-time capabilities in the cockpit with advanced tech support. After running a trial phase over several months by giving iPads to 60 pilots, JetBlue handed fourth-generation 16-gigabyte Wi-Fi compatible iPads to some 2,500 pilots.
Dendreon Corporation (NASDAQ:DNDN): Current price $4.18
Dendreon said Friday that the European Medicines Agency Committee for Medicinal Products for Human Use has adopted a positive opinion, recommending that Provenge (autologous peripheral blood mononuclear cells activated with PAP-GM-CSF or Sipuleucel-T) be granted marketing authorization in the European Union, to treat asymptomatic or minimally symptomatic metastatic (non-visceral) castrate resistant prostate cancer in male adults in whom chemotherapy would not yet be clinically indicated. The Committee’s recommendation follows a positive recommendation by the Committee for Advanced Therapy.
Bank of America Corporation (NYSE:BAC): Current price $12.94
A Moelis & Company financial services investment banker has been named by BofA as vice chairman of its global financial institutions group, said a Friday memo reviewed by Reuters that was sent to the bank’s employees, which said that John Binnie will join the megabank in the autumn. The memo also said that, during his 30-year investment banking career, Binnie has been employed at Southgate Alternative Investment Strategies, Morgan Stanley and Citigroup.