Month: May 2014

Aluminum giant Alcoa ( AA ) has landed a deal with Spirit AeroSystems ( SPR ) to supply the latter with aluminum sheets for more than five years. Kansas-based Spirit is leading designer and maker of aerostructures for commercial, military, business and regional jets. […]

Tesla Motors, Inc. ( TSLA ) has been charged with an $89,000 fine for seven safety violations with regards to one workplace incident that injured three workers. […]

TripAdvisor Inc. ( TRIP ), an online travel research company, announced the acquisition of Vacation Home Rentals for an undisclosed sum. Massachusetts-based Vacation Home Rentals is a website featuring more than 14,000 vacation rental properties in 89 countries […]

Tractor Supply Company ( TSCO ) is an intriguing option for investors seeking both growth and income. The operator of farm and ranch stores in the U.S. […]

hhgregg Inc. ( HGG ) is leaving no stone unturned to revive its struggling business. […]

Global communications services company WPP plc ( WPPGY ) acquired a leading Canada based creative digital marketing agency, Twist Image, for an undisclosed sum. The Acquiree Twist Image, headquartered in Montreal, provides dedicated services across the digital landscape. Its services include development of integrated digital marketing platforms and campaigns spanning social media, interactive experiences, mobile and content creation […]

Airgas Inc. ( ARG ) posted adjusted earnings of $1.15 a share in fourth-quarter fiscal 2014 (ended Mar 31, 2014), up 1% from $1.14 reported in the year-ago quarter. Results fell short of the Zacks Consensus Estimate of $1.19 as well as the management's earnings guidance of $1.18–$1.23 per share […]

Following the announcement of the completion of its long proposed strategic plan to split its operation into consumer banking and an education loan management business, shares of Sallie Mae ( SLM ), formally known as SLM Corporation , plunged more than 60% on May 1. The stock closed the trading session at $9.02. The company’s consumer business will operate with the name Sallie Mae and the existing ticker symbol […]

Ford Motor Co. ( F ) has announced that Chief Executive Officer (CEO) and President Alan Mulally is retiring from the company on Jul 1, 2014 and Chief Operating Officer (COO) Mark Fields will take over his responsibilities. […]

Shares of Morgan Stanley ( MS ) rose 1% on the day following its announcement of entering a deal to sell its Swiss private banking unit to Bank J. Safra Sarasin AG, the Swiss unit of J. Safra Sarasin Group on April 30. […]

SolarCity Corp. ( SCTY ) is all set to grasp the largely untapped abundant solar power resources in one of the sunniest U.S. states – Nevada […]

Clean energy major FuelCell Energy Inc. ( FCEL ) continues to strengthen its footprint in the state of Connecticut. The company announced that it will construct a 1.4 megawatt (MW) fuel cell power plant at the University of Bridgeport, CT […]

On May 1, 2014, we issued an updated research report on United Continental Holdings Inc. ( UAL ). We find the carriers’ plan to cut costs and enhance productivity by spending less on fuel and optimizing distribution channels quite encouraging. […]