Month: December 2014

On Dec 30, 2014, shares of Autoliv, Inc. ( ALV ) reached a new 52-week high of $108.51, before eventually closing at $107.09. The closing price represents a year-to-date return of 21.7% […]

Fosun International Limited, a leading Shanghai-based investment company, has recently entered into an agreement to acquire Meadowbrook Insurance Group, Inc. ( MIG ). The purchase consideration of the deal stands at $433 million or $8.65 per share […]

A dominant position among the nation’s largest grocery retailers enables The Kroger Co. ( KR ) to expand its store base and boost market share through product launches. The company’s strong corporate and national brands have helped garner customers’ loyalty […]

PVH Corp. ( PVH ) seems to be well on track to exploit opportunities in the lifestyle apparel market. […]

U.K. supermajor BP plc ( BP ) announced the commencement of oil production from the Kinnoull field in the central North Sea. Development of the Kinnoull reservoir is a part of wider upgradation of the Andrew field area. […]

Tutor Perini Corporation ( TPC ) has announced that its specialty contracting subsidiary, Five Star Electric, has secured three contracts together, valued at approximately $141 million. These contracts will be included in Tutor Perini’s fourth-quarter backlog. […]

As per media releases, Raízen – a joint venture (JV) of Royal Dutch Shell plc ( RDS.A ) in Brazil – has decided to invest nearly $1 billion for eight ethanol plants over the coming 10 years. Shell is the largest oil company in Europe. […]

On Dec 30, 2014, we issued an updated research report on Regis Corp. ( RGS ). Regis reported mixed fiscal first-quarter 2015 results. […]

Hilton Worldwide Holdings Inc. ( HLT ) has once again opened a hotel in China, this time under its popular brand DoubleTree. […]

Oil and gas drilling firm Paragon Offshore plc ( PGN ) announced that it has repurchased senior unsecured notes worth $25.2 million in December. Shareholders appreciated this move and Paragon Offshore stock gained nearly 7% on the NYSE. Of the total notes bought back, $15.2 million comprised of senior notes due 2022 and carried an interest rate of 6.75%. […]

3D Systems Corporation ( DDD ) partnered with The Culinary Institute of America (“CIA”) for developing the 3D printing technologies for food and culinary industries. The two entities will be collaborating to initiate a beta program for ChefJet Pro culinary 3D printer that was unveiled in Jan 2014. […]

On Dec 31, Zacks Investment Research upgraded FBL Financial Group Inc . ( FFG ) to a Zacks Rank #1 (Strong Buy). Why the Upgrade […]

Equifax Inc. ( EFX ) has gained significantly on the back of its ongoing growth initiatives, product innovation, shareholder-friendly moves and impressive quarterly results. […]

F5 Networks, Inc. ( FFIV ) has been reaping the benefits of its ongoing growth initiatives, product innovation, strong balance sheet, shareholder-friendly moves and impressive quarterly results. […]

Starwood Hotels & Resorts Worldwide Inc. ( HOT ) recently announced the opening of two Sheraton branded hotels — Sheraton Xishuangbanna and Sheraton Zhengzhou — in the Yunnan Province and Henan Province of China. Sheraton Xishuangbanna Hotel marks Starwood’s debut in the picturesque Xishuangbanna region (Yunnan Province) known for the Xishuangbanna Tropical Rain Forest Natural Reserve […]

After timely delivery of the packages during the Christmas holiday season, United Parcel Service, Inc. ( UPS ) — a leading package delivery company — expects nearly four million parcels to be returned to retailers across the U.S. […]