Stock Analysts

Technology in 2014, part 5: The Courtroom Drama

Technology companies fought hard in court all through the year, defending themselves against patent infringements, illegal actions, dishonoring agreements, wage-fixing charges and regulatory pressure. HP-Autonomy In 2011, Hewlett-Packard Company ( HPQ ) bought British company Autonomy, which makes software that can search through unstructured corporate data files with great accuracy, for $11 billion. But the following year, it wrote down $8.8 billion, claiming that Autonomy had inflated sales figures (through fake deals, subsidized transactions and misclassified sales), which it claimed made it impossible for H-P to realize the synergies and growth it expected at the time of sale […]

Stock Analysts

Will Shake Shack Join the List of Successful IPOs this Year?

U.S.-based burger chain, Shake Shack has filed for an initial public offering (IPO) with the Securities and Exchange Commission regulators to raise $100 million. Post IPO, the company will trade on the New York Stock Exchange under the symbol “SHAK”. However, the number of shares on offer and the price range for the proposed offering have not yet been determined […]

Stock Analysts

Assurant (AIZ) Crafts a 52-Week on a Slew of Positives

On Dec 29, 2014, shares of Assurant Inc. ( AIZ ) scaled a new 52-week high of $69.88 following a series of encouraging news at the company. Last month, Assurant Solutions inked a deal with Claro, a part of the largest Latin American telecom group América Móvil, to roll out a new program in Brazil named Claro Up […]

Stock Analysts

Mettler-Toledo Touches 52-Week High on Positive Outlook

Shares of Mettler-Toledo International Inc ( MTD ) reached a 52-week high of $306.92 on Dec 29 and closed at $305.89. This represents a healthy year-to-date return of approximately 27%, better than the S&P 500’s return of 13.1% over the same period. Mettler-Toledo’s third-quarter earnings of $2.95 per share comfortably beat the Zacks Consensus Estimate of $2.86. […]