[youtube 4SB8hQ5TlQw] Gold rebounds on Monday and Kitco News speaks with Frank Holmes to see if he thinks this trend can continue. Holmes says he thinks there’s short covering today following yesterday’s Swiss referendum, which he says was not a major factor for the gold market. […]
Shares of Amazon.com ( AMZN ) climbed nearly 1.5%, touching $341.26 and eventually closing at $338.64, following an increase in the price target to $400.00 from $350.00 by the investment and asset management firm Piper Jaffray. In addition, Piper Jaffray analyst Gene Munster reiterated an overweight rating on the stock. The analyst believes that despite the efforts made by traditional retailers to lure buyers with deep discounts and attractive offers, Amazon will continue to rule the e-Commerce space and retain its share this year. […]
Shares of Host Hotels & Resorts Inc. ( HST ) scaled a new 52-week high of $23.55 on Nov 28. […]
Shares of tech giant Hewlett-Packard Company ( HPQ ) hit a new 52-week high of $39.58 on Nov 28 and eventually closed at $39.06. This was the second consecutive trading day on which the company achieved new highs following the better-than-expected fourth-quarter fiscal 2014 bottom-line results posted on Nov 25. Since the earnings release, the stock price moved up 3.8%. […]
On Nov 28, 2014, we issued an updated research report on Chipotle Mexican Grill Inc. ( CMG ). On Oct 20, this restaurant chain posted robust third-quarter 2014 results with both earnings and revenues beating the Zacks Consensus Estimate. […]
Shaw Business – a division of Canadian cable TV behemoth Shaw Communications, Inc. ( SJR ) – plans to upgrade its Managed WiFi solution for clients operating in the hospitality industry. With the new Managed WiFi solution, hotels, inns, resorts, casinos and conference centers will be able to access Shaw Communications’ inimitable WiFi network and expertise […]
Shares of McCormick & Co., Inc. ( MKC ) reached a 52-week high of $74.75 on Nov 28, 2014 and eventually closed at $74.33, soon after the company raised its quarterly dividend on Nov 25. In fact, shares of this global leader in flavors and spices have been rising ever since the company delivered better-than-expected earnings and revenues in the third quarter of fiscal 2014 on Oct 2 and raised its earnings outlook for 2014 […]
The Procter & Gamble Company ( PG ) hit a 52-week high of $90.56 on Nov 28 after Reuters reported that the company is exploring possible sale of Wella hair care unit that could be worth around $7 billion. In this regard, the consumer giant is working with The Goldman Sachs Group, Inc. ( GS ) to carry out the plan, per Reuters […]
Shares of Wal-Mart Stores Inc. ( WMT ) reached a 52-week high of $88.09 on Nov 28, 2014 and eventually closed at $87.54. […]
Euro Properties Continues Significant Investments in New York Area in 2014 International Developer Focuses on Prime New York Markets For Luxury Residential Development PR Newswire NEW YORK, Dec. 1, 2014 NEW YORK , Dec. 1, 2014 /PRNewswire/ — Euro Properties , an international real estate development company with 25 years of experience building luxury homes in major cities, announced the completion of four acquisitions in the New York market in 2014 […]
Shares of Covidien plc ( COV ) reached a new 52-week high of $101.66 in mid-day trading on Nov 28. The company’s shares closed marginally lower at $101 on the same day, translating into an impressive year-to-date as well as one-year return of around 48%. Shares of this Irish company have been scaling new highs as the impending $42.9 billion merger with Medtronic, Inc. […]
On Nov 27, we issued an updated research report on Apollo Education Group, Inc. ( APOL ). Apollo Education reported the fourth-quarter fiscal 2014 results on Nov 27 […]
Enbridge Inc. ( ENB ) announced that it has acquired an 80% interest in a portfolio of two wind farms in the U.S. from European power and gas company, E.ON. […]
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[marketwatch 02A640B7-598D-41B9-B1BB-FF2BF4474731] The Secret Behind a CEO’s Success May Be in the Voice […]
On Nov 29, Zacks Investment Research upgraded Fortegra Financial Corporation ( FRF ) to a Zacks Rank #1 (Strong Buy). Why the Upgrade? Fortegra Financial has been witnessing rising earnings estimates on the back of strong third-quarter 2014 results […]
On Nov 28, 2014, we issued an updated research report on W.W. Grainger Inc. […]
On Nov 26, we issued an updated research report on steel maker U.S. Steel ( X ). While the company is still exposed to weak steel market fundamentals, it is well placed to gain from aggressive cost management, healthy automotive demand and increased cokemaking capabilities. […]
On Nov 28, we issued an updated research report on W.R. Berkley Corporation ( WRB ). The reinsurer/insurer reported third-quarter core operating earnings of $1.06 per share beating the Zacks Consensus Estimate by a substantial 16.5%. […]
On Nov 28, we issued an updated research report on Stryker Corporation ( SYK ). We believe that Stryker’s acquisition-driven strategy will enhance its long-term growth prospects by expanding its existing product offerings across all business segments. However, it faces intense competition in the orthopedics industry. […]
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