Month: October 2014

Kitco Video

Safe Haven Gold Demand To Trump EU Deflation Worries – Wyckoff

October 2, 2014 0

[youtube gdNpiUwRxo4] Kitco News catches up with Jim Wyckoff following the much anticipated ECB meeting that took place Thursday. “The marketplace’s reaction is that they were a bit disappointed that the ECB was not more progressive in its stimulus,” he says. “I think you’re going to see the ECB keep its foot on the throttle with pretty aggressive monetary easing.” Wyckoff says that the downbeat EU data as well as deflationary pressures in the region will be an underlying bullish factor for gold. […]

Mergers & Acquisitions

Lockton Companies to Open Glasgow, Scotland Office

October 2, 2014 0

Lockton Companies to Open Glasgow, Scotland Office Acquisition of Griffiths & Armour in Glasgow will expand Lockton’s insurance and risk management presence in Scotland PR Newswire GLASGOW, Scotland, Oct. 2, 2014 GLASGOW, Scotland , Oct. 2, 2014 /PRNewswire/ — Lockton Companies, LLP today announced that it has reached agreement to acquire the Glasgow general insurance business of Griffiths & Armour. […]

Mergers & Acquisitions

RealNex Continues Rapid Expansion, Acquires Innovative Commercial Real Estate Property Marketing System BuzzTarget

October 2, 2014 0

RealNex Continues Rapid Expansion, Acquires Innovative Commercial Real Estate Property Marketing System BuzzTarget BuzzTarget’s 3-in-1 Platform Joins RealNex Offerings Property Line, REA, REI Wise and Ten Eight to Formulate Commercial Real Estate Industry’s Most Comprehensive Suite of Services PR Newswire HOUSTON, Oct. 2, 2014 HOUSTON , Oct. 2, 2014 /PRNewswire/ — RealNex, the innovative real estate technology solutions company formed by Pavonis Group, continues its progression towards becoming the most complete integration of market-leading technology solutions available for commercial real estate professionals with the acquisition of prominent listing company, BuzzTarget. […]

Stock Analysts

Novartis (NVS) Presents Data on Zykadia and Afinitor

October 2, 2014 0

Pipeline updates are highly awaited events in the pharma/biotech sector as they play an important role in deciding whether or not to invest in a particular company. These updates provide information on experimental drugs and at times give an insight into the commercial potential of the candidate once it is successfully developed and commercialized. Novartis ( NVS ) recently announced positive data on Zykadia from a phase I study […]

Stock Analysts

Citi Trends’ Strategies Prove Effective for Turnaround

October 2, 2014 0

Over the past year, Citi Trends Inc. ( CTRN ) has made a significant turnaround in its operating performance benefiting from strategies such as better utilization of floor area, improvisation of merchandise margins and efficient inventory management. Despite a challenging and highly promotional industry backdrop, these strategies have led the company to report better-than-expected earnings results over the past few quarters […]

Stock Analysts

Does Brown-Forman’s Initiatives Position it for Growth?

October 2, 2014 0

On Sep 26, 2014, we issued an updated research report on Brown-Forman Corporation ( BF.B ) following the company's first-quarter fiscal 2015 results, which marks a year-over-year improvement in both its top and bottom lines. We are optimistic about this alcoholic-beverage company since it posted first-quarter earnings per share of 70 cents, which was nearly 6.1% higher than the year-ago quarter. The year-over-year rise in bottom-line results was primarily attributable to increased top-line performance and prudent cost management. […]

Stock Analysts

NCI Building Back on Track, Poised for an Improved 2015

October 2, 2014 0

NCI Building Systems Inc. ’s ( NCS ) EVP and CFO Mark Johnson, during its third-quarter conference call, stated that the improved results have put the company back on track to deliver year-over-year growth in earnings after a challenging first half of 2014, impacted by severe winter weather. The results were also impressive as the company reversed its second-quarter loss. […]

Downgrades

CDW CORP (CDW) Downgraded by Zacks to UNDERPERFORM

October 2, 2014 0

Zacks Investment Research downgraded shares of CDW CORP (CDW) from NEUTRAL to UNDERPERFORM on October 02, 2014, with a target price of $28.80. CDW Corporation offers information technology products and services to business, government, education and healthcare customers primarily in the United States and Canada. […]

Downgrades

TORO CO (TTC) Downgraded by Zacks to UNDERPERFORM

October 2, 2014 0

Zacks Investment Research downgraded shares of TORO CO (TTC) from NEUTRAL to UNDERPERFORM on October 02, 2014, with a target price of $56.70. Toro Company designs, manufactures and markets consumer and professional turf maintenance equipment, snow removal products and irrigation systems and provides landscaping and turf maintenance services. The company manufactures walk-behind power mowers and snowblowers and riding lawn mowers and lawn and garden tractors […]

Downgrades

CONTL RESOURCES (CLR) Downgraded by Zacks to UNDERPERFORM

October 2, 2014 0

Zacks Investment Research downgraded shares of CONTL RESOURCES (CLR) from NEUTRAL to UNDERPERFORM on October 02, 2014, with a target price of $62.30. CONTINENTAL RESOURCES is a crude-oil concentrated, independent oil and natural gas exploration and production company with operations in the Rocky Mountain, Mid-Continent and Gulf Coast regions of the United States. The Company focuses its operations in large new and developing plays where horizontal drilling, advanced fracture stimulation and enhanced recovery technologies provide the means to economically develop and produce oil and natural gas reserves from unconventional formations. […]