On May 23, 2014, we initiated coverage on Watts Water Technologies, Inc. ( WTS ), manufacturer and seller of various water safety and flow control products. Watts Water Technologies reported upbeat first-quarter results with earnings up 10% year over year to 55 cents per share […]
Consumer products giant Unilever Plc ( UL ) has been focusing on its core portfolio to deliver sustainable growth. Unilever's core businesses comprise detergents, foods, toiletries and specialty chemicals. […]
On May 23, 2014, we issued an updated research report on Mattel, Inc. ( MAT ). On Apr 17, this leading toy maker reported dismal first quarter 2014 results with earnings and revenue missing the Zacks Consensus Estimate […]
Zacks Investment Research upgraded Edwards Lifesciences Corp. ( EW ) to a Zacks Rank #2 (Buy) on May 27, 2014. […]
General Motors Company ’s ( GM ) Australian subsidiary, GM Holden, announced the recall of about 46,000 Commodore and Caprice cars of model year 2014. Of the vehicles recalled, 41,933 vehicles are in Australia and 3,744 are in New Zealand. […]
On May 22, 2014, we issued an updated research report on MGM Resorts International ( MGM ). On Apr 29, the leading casino resort company reported solid first-quarter results with earnings and revenues beating the Zacks Consensus Estimate. Adjusted earnings of 21 cents per share for the quarter compared favorably with the prior-year quarter figure of a penny […]
Roche ( RHHBY ) received positive news when the Committee for Medicinal Products for Human Use (CHMP) recommended the European Commission to approve Gazyvaro in combination with chlorambucil for the treatment of adult patients suffering from previously untreated chronic lymphocytic leukemia (CLL). These patients had comorbidities and were unsuitable for chemotherapy. We note that Gazyvaro is approved in the U.S. […]
DSW Inc. ( DSW ), retailer of footwear and accessories, is set to report its first quarter fiscal 2014 results on May 28, 2014. Last quarter, it posted a positive surprise of 6.90%. […]
U-Haul Company of Las Vegas West Expands Self-Storage Operations with Purchase of Pic-N-Pac Storage PR Newswire NORTH LAS VEGAS, Nev., May 27, 2014 NORTH LAS VEGAS, Nev. , May 27, 2014 /PRNewswire/ — Located minutes from Las Vegas Boulevard, U-Haul Moving and Storage at W. Lake Mead Boulevard has officially opened its doors […]
OptionsHouse and tradeMONSTER to Combine to Form Leading Online Brokerage Firm — Uniquely positioned to enable active traders and investors to gain a competitive edge in the market with innovative tools and fast, reliable execution, seamlessly delivered across desktop and mobile devices. — PR Newswire CHICAGO, May 27, 2014 CHICAGO , May 27, 2014 /PRNewswire/ — Two innovative, Chicago -based online brokerage firms — OptionsHouse LLC, a subsidiary of PEAK6 Investments, L.P., and tradeMONSTER, a subsidiary of tradeMONSTER Group, Inc. — today announced definitive agreements to combine under a new standalone company, creating a market leading brokerage for active traders and investors […]
Teva Pharmaceutical Industries Limited ( TEVA ) and partner, Active Biotech, announced that the Committee for Medicinal Products for Human Use (CHMP) maintained its Jan 23 opinion of recommending against the approval of Nerventra in the EU for the treatment of relapsing-remitting multiple sclerosis (RRMS). The companies intend to evaluate the CHMP opinion to decide on the future path of the candidate in the RRMS indication. The CHMP, while issuing the negative opinion in January, stated that the potential risks associated with Nerventra outweighed the benefits based on the data available. […]
SunEdison ’s ( SUNE ) divested semiconductor business, SunEdison Semiconductor Ltd., debuted on Nasdaq Global Select Market on May 22, 2014, with the ticker symbol ‘SEMI.’ SunEdison Semiconductor had offered 7.2 million shares at $13.00 per share and raised approximately $93.6 million with the IPO. The company’s shares touched a high of $16.04 on the day and settled at $15.00 at the end of the trading session. On Friday’s trade, shares of SEMI were up 3.7%. […]
On May 22, 2014, we issued an updated research report on Burger King Worldwide, Inc. ( BKW ). […]
Improper legacy business conduct continues to dent Barclays PLC ’s ( BCS ) reputation. The U.K.-based major global bank was fined £26 million ($43.9 million) by the Financial Conduct Authority (FCA) on Friday. The fine resulted from the banking baron’s failure to maintain internal controls that allowed the manipulation of fixing of gold prices […]
Durata Therapeutics ( DRTX ) received encouraging news when the U.S. Food and Drug Administration (FDA) approved its antibiotic DALVANCE (dalbavancin) for treating adults suffering from acute bacterial skin and skin structure infections (ABSSSI) caused by susceptible gram-positive bacteria, including MRSA (methicillin resistant staphylococcus aureus). […]
Hennessy Advisors Surpasses $5 Billion in Assets Under Management Firm Grows Assets by 60% in Past 18 Months PR Newswire NOVATO, Calif., May 27, 2014 NOVATO, Calif. , May 27, 2014 /PRNewswire/ — Hennessy Advisors, Inc. (NASDAQ:HNNA) today announced that assets under management in the mutual funds it manages have surpassed the $5 billion mark, following strong investor inflows and investment gains. […]
[youtube rfGHYeXf__o] Well what a great start of the week, We bought IACI the best bet of the week and got a fast 1.25. MDRX acted fine and gap up to much this morning to chase it, but entered on the pull back, and $DNKN moves to the top of the list for the next stock to move. Other stocks are just as ready to pop and those can be found at www.daytradingradio.com […]
On May 23, 2014, we issued an updated research report on Buffalo Wild Wings Inc. ( BWLD ). On Apr 28, this restaurant chain posted solid first quarter 2014 results with earnings and revenue beating the Zacks Consensus Estimate. […]
On May 22, 2014, Encana Corp. ( ECA ) – an upstream energy operator − declared that it will price 52,000,000 common shares at C$28.00 per stock, during the initial public offering of (IPO) of PrairieSky Royalty Ltd. The offering will likely be concluded by May 29, but awaits regulatory approvals […]
The world’s largest democracy, India, has decided to impose an anti-dumping duty on solar modules imported from the U.S., China, Malaysia and Taiwan. The primary objective is to support domestic solar cell manufacturers and create a competitive price base for Indian producers. Currently, the majority of India’s solar cell installations are imported […]
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