Year: 2014

Google, Inc. ( GOOG ) recently started inviting users of its All Access music subscription service to buy its Glass wearable device priced at $1500. Google Glass is a wearable computer with an OHMD (optical head-mounted display) that is being developed as a part of the Project Glass research and development project. […]

On Jan 2, Zacks Investment Research downgraded Radian Group Inc. ( RDN ) to a Zacks Rank #5 (Strong Sell). […]

On Jan 2, Zacks Investment Research upgraded Federal Realty Investment Trust (FRT) to a Zacks Rank #2 (Buy). The upgrade is based on the company’s solid retail portfolio and improving market fundamentals. […]

Leading telecom carrier, AT&T, Inc. ( T ) has been ranked as the top wireless service provider in Indianapolis as per the RootMetrics wireless network performance study. The ranking was based on overall network performance with regard to call, text and mobile Internet performance […]

In a bid to boost business, several U.S.-based restaurateurs are currently focusing on unit expansion both domestically as well as internationally. Glendale, Calif.-based restaurateur, DineEquity, Inc. […]

We maintain our long-term Neutral recommendation on Gannett Co., Inc. ( GCI ) with a target price of $30.00. […]

On Jan 2, Zacks Investment Research upgraded Vulcan Materials Company ( VMC ), to a Zacks Rank #1 (Strong Buy). Estimates have been rising ever since the construction material company reported solid third quarter 2013 results and a positive outlook for fiscal 2013. […]

On Dec 31, 2013, we reiterated our long-term recommendation on department store retailer, Family Dollar Stores Inc. ( FDO ) with a target price of $68.00. […]

Walgreen Co. ( WAG ) has undertaken an initiative to help newly insured Americans as they start using their benefits under the Affordable Care Act. The news however, failed to shoot share price up, which declined marginally by 0.69%, ending the session at $57.44 as on Dec 31, 2013. […]

On Jan 2, 2014, we reiterated our Neutral recommendation on AmSurg Corporation ( AMSG ), a major operator of single-specialty practice-based ambulatory surgery centers (ASCs). While we are optimistic about the company’s double-digit sales growth in the past several quarters owing to new centers and improved same-center sales, our concerns linger around challenges like reimbursement issues and economic uncertainty. […]

Latin American Telecom behemoth, America Movil ( AMX ) is reportedly expecting the share repurchase program to continue in 2014. The company has already spent nearly $5.4 billion in 2013 and expects similar level of spending on repurchase this year. In an effort to stall share price decline, America Movil increased its share repurchase fund by 40 billion pesos ($3.2 billion) last year. […]

As part of its business restructuring initiatives in Asia, life insurer Manulife Financial Corp. ( MFC ) has divested its 11-year-old life insurance business in Taiwan. The insurer sold the business to CTBC Life Insurance Co., Ltd […]

Window and door maker Quanex Building Products Corporation ( NX ) has expanded its product portfolio with the purchase of the assets of Atrium Windows and Doors Inc.'s Texas plant. Financial terms of the transaction were not disclosed. The assets include six vinyl extrusion lines […]

Global leader in sports equipment and apparel, Nike Inc. ( NKE ), remains on our Neutral list with a target price of $82.00. Why Reiterate? […]

Per the deal inked in mid-2013, electronics and IT distributor, Avnet Inc. ( AVT ), has acquired the remaining share in MSC Investoren GmbH (or MSC Group). MSC is a German distributor of electronic components (embedded computing technology and display solutions). […]

On Dec 31, Zacks Investment Research upgraded Molina Healthcare, Inc. ( MOH ) to a Zacks Rank #3 (Hold). […]

The world’s No. 2 hamburger chain Burger King Worldwide ( BKW ) has undertaken a series of initiatives such as unit expansion, reimaging, closing underperforming units and several other growth initiatives to improve brand recognition. The new addition is also part of the company’s brand-building efforts. […]