Technicals
Why You Shouldn’t Bet Against Broadcom (BRCM) Stock – Tale of the Tape
One stock that might be an intriguing choice for investors right now is Broadcom Corp. ( BRCM ). […]
Month: August 2014
Mergers & Acquisitions
Arthur J. Gallagher & Co. Acquires Trip Mate, Inc.
Arthur J. Gallagher & Co. Acquires Trip Mate, Inc. […]
Stock Analysts
Consolidated Edison Beats on Q2 Earnings, Revenues, View Up
Consolidated Edison Inc. ( ED ) posted second quarter 2014 earnings from ongoing operations of 65 cents per share, beating the Zacks Consensus Estimate of 54 cents by 20.4%. The earnings beat came on the back of higher sales and operating efficiencies. […]
The Wall Street Journal
Bank of America’s Prospects Are Still Unsettled
[marketwatch BC83CB27-2B98-46C0-A1CF-595FDAA15624] Bank of America’s Prospects Are Still Unsettled […]
MarketWatch
U.S. Treasury Bond Yield Hits Lowest Since June 2013
[marketwatch CB8BDCBC-FB57-4C12-98BC-15A6D519C89D] U.S. Treasury Bond Yield Hits Lowest Since June 2013 […]
Stock Analysts
Manitex Lags on Q2 Earnings, Shares Fall on Flat Y/Y Results
Shares of Manitex International, Inc. ( MNTX ) slumped 17% and eventually closed at $12.03, a day after the company reported second-quarter 2014 earnings of 22 cents, flat year over year. Results also lagged the Zacks Consensus Estimate of 26 cents […]
Stock Analysts
2 Auto Stocks Poised to Accelerate with GDP Recovery
The U.S. economy has sprung back to life after GDP growth rebounded in the second-quarter. According to the “advance estimate” by the Bureau of Economic Analysis, second quarter output of goods and services increased at an annual rate of 4%. […]
Technicals
MDC Partners (MDCA) Is in Oversold Territory: What’s Next? – Tale of the Tape
MDC Partners Inc ( MDCA ) has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock. And for technical investors there is some hope when looking at MDCA given that, according to its RSI reading of 28.74, it is now in oversold territory. […]
Technicals
Home Loan Servicing (HLSS) is Oversold: Can It Recover? – Tale of the Tape
Home Loan Servicing Solutions Ltd ( HLSS ) has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock. And for technical investors there is some hope when looking at HLSS given that, according to its RSI reading of 28.16, it is now in oversold territory. What is RSI […]
Technicals
Springleaf (LEAF) Enters Overbought Territory – Tale of the Tape
Springleaf Holdings Inc ( LEAF ) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because LEAF is now in overbought territory with an RSI value of 70.13. […]
Stock Analysts
Global Indemnity Q2 Earnings in Line with Estimates, Up Y/Y
Global Indemnity Plc ( GBLI ) reported operating earnings per share (EPS) of 35 cents for second-quarter 2014. The results were in line with the Zacks Consensus Estimate and higher than the year-ago quarter figure of 27 cents. With this result, the company’s average four-quarter beat stands at 41.1%. […]
Stock Analysts
Allscripts Healthcare Q2 Earnings Beat but Revenues Miss
Allscripts Healthcare Solutions, Inc. ( MDRX ) posted adjusted earnings per share of 5 cents in the second quarter of 2014, up from a penny in the same quarter of 2013. With this, adjusted earnings beat the Zacks Consensus Estimate of 4 cents by 25% […]
Stock Analysts
SouFun Earnings Beat on Solid Segmental Results, Guides Low
SouFun Holdings Ltd . ( SFUN ) reported operating net income of 16 cents per share in the second quarter of 2014, a penny higher than the Zacks Consensus Estimate. Earnings also improved 6.7% year over year […]
Stock Analysts
Central Garden Q3 Earnings Miss on Weak Segmental Results
Central Garden & Pet Co. ( CENT ) recorded adjusted earnings per share of 28 cents in third-quarter fiscal 2014. The reported quarterly earnings remained flat year over year and missed the Zacks Consensus Estimate of 31 cents […]
Stock Analysts
Freddie Mac Posts Dismal Q2 Earnings, Expenses Down Q/Q
Federal Home Loan Mortgage Corporation ( FMCC ) or Freddie Mac’s second-quarter 2014 results had a minimal effect on its share price. Though the company reflected its 11th consecutive quarter of positive earnings, net income of $1.4 billion was below the prior-quarter earnings of $4 billion. […]
Economic Data
Global Tensions Weigh on the Markets – Ahead of Wall Street
Friday, August 8, 2014 Stocks are on track to open higher, but a growing list of geopolitical concerns are driving investor sentiment and market action. The Iraq situation is grabbing headlines, but Russia remains the primary worry for the markets. The U.S. […]
Mergers & Acquisitions
Alitalia And Etihad Airways Finalise €1,758 Million Investment Deal To Build A Reinvigorated Alitalia As A Competitive, Sustainably Profitable Business
Alitalia And Etihad Airways Finalise €1,758 Million Investment Deal To Build A Reinvigorated Alitalia As A Competitive, Sustainably Profitable Business PR Newswire ROME, Aug. 8, 2014 ROME , Aug. 8, 2014 /PRNewswire/ — Transaction implementation agreement will see Etihad Airways invest €560 million in the Italian carrier, becoming a minority shareholder (subject to regulatory approval), with core Alitalia shareholders committing an additional €300 million Additionally, up to €598 million in financial restructuring of short and medium term debt provided by financial institutions and existing bank shareholders €300 million new loan facilities extended by Italian financial institutions Recapitalisation safeguards thousands of Italian jobs and will allow Alitalia to invest in new long-haul routes, a revitalized brand, and a greater focus on Italian tourism and trade promotion New international routes and flights from more Italian cities to Abu Dhabi and beyond Optimised network and increased frequencies will increase competition and choice, while supporting tourism, trade and economic development Alitalia to benefit from network integration and cost synergies with Etihad Airways and its equity partners Goal of sustainable profitability by 2017 Alitalia revitalised to embody Italian culture, history, art, fashion and food as an Ambassador for Made in Italy Etihad Airways and Alitalia today announced that they have signed the transaction implementation agreement which will result in a €1,758 million investment to build a reinvigorated Alitalia as a competitive, sustainably profitable business […]
Kitco Video
‘Don’t Get Married To Any Gold Position Right Now’ – iiTrader
[youtube T-WO15qYcfI] […]
Technicals
Intevac (IVAC): Moving Average Crossover Alert – Tale of the Tape
Intevac, Inc. ( IVAC ) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for IVAC broke out below the 200 Day Simple Moving Average, suggesting short-term bearishness. […]
Technicals
How HEALTHSOUTH (HLS) Stock Stands Out in a Strong Industry – Tale of the Tape
One stock that might be an intriguing choice for investors right now is HEALTHSOUTH Corp. ( HLS ). This is because this security in the specialized health services space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective […]