In order to strengthen its presence in the West Coast and leverage on the growing fundamentals, RLJ Lodging Trust ( RLJ ) bought 2 hotels in an off-market transaction for a total of $120 million. In particular, the company acquired Courtyard Portland City Center in Portland, OR and Embassy Suites Irvine Orange County in Irvine, CA. […]
UOP LLC, a subsidiary of Honeywell International Inc . ( HON ), recently secured a contract from Chinese petrochemical producer Guangdong Peng Zun Energy Development Co., Ltd. for an undisclosed amount. […]
On May 23, 2014, the shares of American Water Works Company, Inc. ( AWK ) touched a 52-week high of $47.69. The share price was finally closed at $47.61, up 0.7% from the previous day’s closing. […]
On May 23, Dallas, TX-based Matador Resources Co. ( MTDR ) announced the pricing of its 7.5 million share offering. […]
Crude prices rallied to a five-week high on positive U.S. economic data and the continued Ukraine impasse, while natural gas continued its downtrend amid another above-consensus storage build. […]
Neenah Paper, Inc. ( NP ) recently announced a 13% increase in its quarterly dividend to 27 cents per share. This cheered investors’ sentiment and the share price increased 1.06 % on Friday, May 23. […]
Pall Corporation ( PLL ) is set to report its third-quarter fiscal 2014 results before the opening bell on May 29. The company recorded a positive earnings surprise of 2.50% in the last quarter. Further, it delivered positive earnings surprises in trailing 4 quarters with an average beat of 1.9%. […]
Leading analog semiconductor manufacturer Avago Technologies Limited ( AVGO ) is scheduled to report its second-quarter fiscal 2014 results after the closing bell on May 29. In the last reported quarter, Avago’s earnings exceeded the Zacks Consensus Estimate by 5 cents. Let’s see how things are shaping up for this announcement […]
AutoZone Inc. ( AZO ) reported a 16.4% rise in earnings per share to $8.46 for the third quarter of fiscal 2014 (ended May 10, 2014) from $7.27 in the year-ago quarter. Earnings were in line with the Zacks Consensus Estimate of $8.46 […]
Riding on a steady growth momentum, the shares of PartnerRe Ltd. ( PRE ) hit a new 52-week high at $107.93 on May 23. This multi-line insurer and reinsurer’s shares rose about 6.5% since the beginning of 2014 […]
Foot Locker, Inc. ( FL ) saw a superb start to fiscal 2014 with first-quarter adjusted earnings of $1.11 a share surging 22% year over year and comfortably beating the Zacks Consensus Estimate of $1.06. Shares of this athletic footwear retailer climbed 1.6% after its earnings release […]
A week after being rejected by AstraZeneca ( AZN ) for the fourth time, Pfizer ( PFE ) abandoned its plans to takeover the UK-based company. Pfizer’s decision brings down the curtains, at least for now, on its attempts to create one of the largest pharmaceutical companies in the world. […]
Shares of advertising services provider The Interpublic Group of Companies, Inc. ( IPG ) hit a 52-week high of $18.62 on May 23, 2014, before closing the trading session a notch lower at $18.56. This translates to a healthy 1-year return of 26.4%. […]
Stocks made strong gains last week, with the S&P 500 making a new all-time high and closing above the 1900 level for the first time, with even the small-caps participating in the gains. The positive trend will likely continue today as well, despite the mixed Durable Goods report this morning. The Case-Shiller home price index and the Conference Board’s consumer confidence report are expected. […]
[youtube 52zSqdBitKE] Mark (US expat) in Singapore I have developed a theory about how the US will get rid of the national debt. Borrowing is the equivalent of printing, except that there is interest to pay later. If the US could eliminate the interest then it could roll over debt forever and ‘borrowing’ would just be a disguise for printing money or currency inflation […]
[marketwatch 9685A456-4715-4A80-AA38-AF1F6E8B645E] BofA Error Confirmed by a Devil in the Detail […]
As of late, it has definitely been a great time to be an investor in Barracuda Networks Inc ( CUDA ) . The stock has moved higher by 5.2% in the past month, while it is also above its 20 Day SMA too. This combination of strong price performance and favorable technical, could suggest that the stock may be on the right path. […]
MakeMyTrip Limited ( MMYT ) has been on the move lately as the stock has risen by 24.9% in the past four weeks, and it is currently trading well above its 20-Day SMA. This is a pretty solid move higher, but the question that has to be on investors’ minds right now is; can this trend continue? While there can be no telling for sure, it is certainly encouraging that earnings estimates have risen in the past few weeks on the company, suggesting that sentiment on MMYT is moving in the right direction […]
As of late, it has definitely been a great time to be an investor in Research Frontiers, Inc. ( REFR ) . The stock has moved higher by 23.1% in the past month, while it is also above its 20 Day SMA too. […]
The St. Joe Company ( JOE ) has been on the move lately as the stock has risen by 26.7% in the past four weeks, and it is currently trading well above its 20-Day SMA. This is a pretty solid move higher, but the question that has to be on investors’ minds right now is; can this trend continue […]
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