Month: February 2014

Simon Property Group, Inc. ( SPG ) disclosed the appointment of the Chief Executive Officer (CEO) – Mark Ordan – of the unit that it decided to spin-off. This unit, which is named Washington Prime Group, Inc., will operate as an independent, publicly traded real estate investment trust (REIT) and include the entire strip center business and smaller enclosed malls of Simon Property. […]

Leading U.S. wireless tower operator American Tower Corp. ( AMT ) is likely pursuing the acquisition of Indian wireless tower operator Viom Networks […]

Air Products & Chemicals Inc. ( APD ) and Nippon Steel & Sumikin Pipeline & Engineering Co. Ltd […]

WellPoint Inc. ( WLP ) has been working toward increasing awareness among the masses about child health. For this, the company has collaborated with The American Academy of Pediatrics – an organization that has 60,000 primary care pediatricians, pediatric medical subspecialists and pediatric surgical specialists. […]

On Feb 28, 2014, we issued an updated research report on DIRECTV ( DTV ), the largest U.S. satellite TV operator. The company posted strong fourth-quarter 2013 results mainly buoyed by solid subscriber and ARPU growth in the U.S. […]

Ford Motor Co. ( F ) has been accused of breaching a patent on an automatic turn signal technology, according to Bloomberg. The 2008 patent related to the three-blink lane change technology is owned by Richard Ponziani. […]

In collaboration with Hegg Companies, leading global hotel chain, Hyatt Hotels Corporation ( H ) recently unveiled a property under the Hyatt Place brand in Lincoln, Neb. Christened Hyatt Place Lincoln/Downtown-Haymarket, the new hotel is the second Hyatt Place-branded property in the state. Lincoln, the capital of Nebraska, is a fast growing city boasting a university, popular restaurants and entertainment venues. […]

In order to boost shareholders value, Bermuda-based property and casualty insurer, Endurance Specialty Holdings Ltd. ( ENH ) increased its quarterly dividend by 6.25%. […]

On Feb 24, 2014, we issued an updated research report on SunTrust Banks, Inc. ( STI ). The company reported better-than-expected fourth-quarter results […]

On Feb 28, we issued an updated research report on Total System Services Inc. ( TSS ). Although the past and recent acquisitions have helped the company reach the $2.0 billion mark in revenues in 2013, higher debt-levels on account of these acquisitions are expected to mar the desired upside in the near term […]

According to a report in Reuters, Credit Suisse Group AG ( CS ) is planning to increase assets under management (AUM) in its private banking division in Japan. At present, the Swiss Bank is in troubled waters and its decision comes after other banking majors like U.S.-based Merrill Lynch, a division of Bank of America Corporation ( BAC ) and French bank, Societe Generale Group ( SCGLY ) have already closed their private banking operations in Japan. […]

On Feb 27, Zacks Investment Research downgraded General Electric Company ( GE ) to a Zacks Rank #4 (Sell) from a Zacks Rank #3 (Hold), primarily due to tepid fourth-quarter 2013 earnings. Why the Downgrade? Over the past week, General Electric has witnessed downward earnings estimate revisions for 2014 […]

Oil giant BP plc ’s ( BP ) request to a federal judge to delay oil spill compensation payments to seafood workers was denied. BP had appealed to U.S. […]

Leading hotelier Starwood Hotels & Resorts Worldwide Inc. ( HOT ) is set to introduce an Aloft-branded property in Louisville, Ky. Christened – Aloft Louisville Downtown – the hotel is slated for an Apr 2015 opening and will mark the brand’s entry into the state […]

On Feb 26, 2014, we issued anupdated research report on United Parcel Service, Inc. ( UPS ). While the company’s top line missed the Zacks Consensus Estimate, the bottom line was in line with our expectation. […]

On Feb 28, Zacks Investment Research downgraded eHealth Inc. ( EHTH ) by a notch to a Zacks Rank #5 (Strong Sell). Why the Downgrade […]