Shares of paper and paper products manufacturer KapStone Paper and Packaging Corporation ( KS ) scaled a 52-week high of $32.12 on Feb 27, before closing the trading session nominally lower at $31.54. This translates to a phenomenal year-over-year return of 136.8%. KapStone’s share prices have steadily been on the uptrend from Jun 2013 […]
Wells Fargo & Company ( WFC ) announced 700 job cuts in its home lending business. It has issued a 60-day notice to the concerned employees. The recent layoffs come on the heels of the company’s retrenchment of 250 jobs last month, bringing the total tally to around 6,900 since July […]
On Feb 27, 2014, coffee maker Green Mountain Coffee Roasters Inc. ( GMCR ) closed the previously announced deal with beverage giant, The Coca Cola Company ( KO ). […]
The National Highway Traffic Safety Administration (NHTSA), the auto safety supervisory body of the U.S. government, announced an investigation into General Motors Co. ’s ( GM ) delayed recall of 1.6 million older-model small cars […]
On Feb 27, Zacks Investment Research downgraded Europe’s largest oil company Royal Dutch Shell plc ( RDS.A ) to a Zacks Rank #5 (Strong Sell). Why the Downgrade? Following Shell’s weak fourth-quarter results, we see the integrated player as a risky bet that ordinary investors should exit […]
Zacks Investment Research downgraded Chart Industries Inc. ( GTLS ) to a Zacks Rank #5 (Strong Sell) on Feb 26, 2014. […]
[marketwatch 741875F2-7746-483A-8931-7FCBDFD34331] Photos of the Day – Bird Escapes Tiger in Germany […]
Recently, Henry Schein Inc. ‘s (HSIC) distribution business received a boost on the back of a distribution deal inked with leading consumer goods company – The Procter & Gamble Company ( PG ). […]
On Feb 26, we issued an updated research report on Reliance Steel & Aluminum Co. ( RS ). […]
KKR acquires majority ownership of Sedgwick Stone Point Capital returns as minority investor PR Newswire MEMPHIS, Tenn., Feb. 28, 2014 MEMPHIS, Tenn. , Feb. […]
eBay Inc. ( EBAY ) recently made an investment of $133 million in Delhi-based Snapdeal.com. This is the second time that eBay has invested in the company. […]
Greif, Inc. ( GEF ) reported first-quarter fiscal 2014 (ended Jan 31, 2014) results with adjusted earnings of 49 cents per share, up 11.4% from 44 cents in the year-ago quarter. However, results came short of the Zacks Consensus Estimate of 53 cents. […]
Seattle Genetics ( SGEN ) presented positive data on Adcetris at the 2014 Bone Marrow Transplant (BMT) Tandem Meeting. Shares rose 2.4% on the news. […]
In yet another landmark event in the tussle between men’s apparel retailers Jos. A. […]
On Feb 27, 2014, we issued an updated research report on Tesla Motors, Inc. ( TSLA ).The company has clinched a substantial share of the electric car market, thanks to an impressive product portfolio and a rapidly developing Supercharger network. Its rising production and sales as well as rapid international expansion are other positives. […]
Piedmont Office Realty Trust Inc. ( PDM ) recently offered senior unsecured notes to pay off debt. […]
[marketwatch CCD9B654-27DD-4A6F-8C35-E0ADB833F73B] Barron’s Buzz: What Private Banks Tell Investors […]
[marketwatch 8C8FA1BF-1A7C-4A3E-A9CE-F4F551049C21] Meet the Teen Who Researched Her Own Cancer […]
On Feb 28, 2014, we issued an updated research report on UnitedHealth Group Inc. ( UNH ). […]
Cliffs Natural Resources Inc. ( CLF ) has extended its commercial agreement with ArcelorMittal USA, a part of steel giant ArcelorMittal ( MT ), which incorporates new amendments to supply iron ore pellets for an additional two years through the end of Jan 2017. On mutual consideration, the partnership can be extended for a third year. […]
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