Stock Analysts

Kellogg’s Cereals Hurting Growth; Project K Remains on Track

On Sep 29, we issued an updated research report on Kellogg Company ( K ). On Jul 31, the global snacks and cereal company reported lower profits and revenues in the second quarter of 2014 as cereal sales in developed markets remained challenging. Second-earnings of $1.02 per share were in line with the Zacks Consensus Estimate quarter and remained flat year over year as currency benefits offset weak revenues and profits […]

Stock Analysts

Netflix (NFLX) Expands to Movie Distribution, Partners TWC

After phenomenal success in original productions, Netflix Inc. ( NFLX ) is venturing into movies. The company recently signed a distribution deal with The Weinstein Company (“TWC”), which will enable it to stream the sequel of Crouching Tiger, Hidden Dragon simultaneously with the film’s release at selected IMAX theatres on Aug 28, 2015 […]

Stock Analysts

Tobacco Biggies May Face Higher tax if U.K. Labor Party Comes

The tobacco industry has been facing the brunt of worldwide anti-tobacco campaigns which are prompting governments to impose restrictions on the sale of tobacco products. Tobacco stocks like British American Tobacco and Imperial Tobacco declined last week after the news was flashed in fear of being hit hard again after U.K.’s opposition labor party promised to levy U.S. […]

Stock Analysts

America Movil’s Decision on Telecom Asset Sale Pending

Mexican telecom behemoth America Movil SAB ( AMX ) is yet to take the final decision on which telecom assets to divest in order to comply with the latest government directive. The government of Mexico has decided to reform its highly monopolistic telecommunications sector, predominantly the wireline and wireless phone segments and the cable and satellite TV segments. The intension behind this reform is to instill competition by encouraging the entry of other operators. […]

Stock Analysts

Cardinal Health Unit and KEW Group Unite to Treat Cancer

Cardinal Health Specialty Solutions, a unified business unit of Cardinal Health Inc. ( CAH ) and KEW Group, Inc., entered an agreement to make KEW's state-of-the-art diagnostic services available to Specialty Solutions' community oncology customers. Focused on revolutionizing cancer treatment, KEW is a privately held oncology services company […]