Friday, December 26, 2014 Stocks have been on a tear lately and the trend should continue into today’s session as well, though seasonally low volumes could exacerbate volatility. The strong recent run should continue into the New Year as well. But whether the S&P 500 can produce another double-digit return in 2015 after three back-to-back years of such returns is hard to handicap. […]
Stocks have been on a tear lately and the trend should continue into today’s session as well, though seasonally low volumes could exacerbate volatility. The strong recent run should continue into the New Year as well. […]
Share price of General Motors Company ( GM ) increased 1% to $33.56 on Dec 23, 2014 after Cadillac announced the launch of the 2016 CTS-V. The automaker believes that the 2016 CTS-V is one of the world’s highest-performing luxury vehicles. The 2016 CTS-V is the third generation of the acclaimed luxury sports sedan, which had launched the elite V-Series almost a decade ago. […]
Campbell Soup Company ( CPB ), the manufacturer of branded convenience food products, remains focused on enhancing its top line and increase return on investment through strategic frameworks, including the stabilization of North American soup and simple meal business, overseas expansion as well as growth of the healthy beverages and baked snacks businesses. We believe that Campbell’s prudent investment and strategic efforts toward product innovation and brand building will lead to an increase in its customer base and profitability. Further, the company has resorted to acquisitions and joint ventures in order to enhance its brand portfolio and accelerate future growth […]
The Dow had a short but successful holiday-shortened week. The blue-chip index moved up on Monday boosted by gains in technology and telecom shares, which offset losses in energy and healthcare shares. The Dow closed above the 18K mark for the first time ever on Tuesday banking on better-than-expected revision to third quarter GDP numbers […]
On Dec 23 2014, we issued an updated research report on the premium steel & iron company Gibraltar Industries, Inc. ( ROCK ). Though the company has a leading presence in the industry, thanks to its diversified product offering, its trade is exposed to several business risks within the same. […]
On Dec 24, 2014, shares of Enstar Group Limited ( ESGR ) scaled a 52-week high of $161.73 on the back of solid third-quarter earnings. With roughly 0.01 million shares traded in the last session, the stock finally closed at $154.00 per share, gaining 0.40% on the day. The year-to-date return of Enstar Group is 10.8%, ahead of year-to-date return of other stocks in the insurance industry like AXIS Capital Holdings Limited ( AXS ), RenaissanceRe Holdings Ltd […]
Shares of Berry Plastics Group, Inc. ( BERY ) reached a new 52-week high of $31.81 on Dec 24, before closing a notch lower at $31.55. […]
Search giant Google Inc.’s ( GOOGL ) YouTube video platform might get sued if it doesn’t remove around 20,000 music videos. This may lead to YouTube facing an expensive lawsuit of $1 billion if it does not pull down the songs. […]
Shares of Sealed Air Corporation ( SEE ) hit a new 52-week high of $43.63 on Dec 24, 2014 and eventually closed a notch lower at $43.40. The stock price appreciation came on the back of strong third-quarter 2014 results and recent fall in oil prices. […]
Over the last five trading sessions, Video Game stocks mostly witnessed an uptrend. While Zynga, Inc. ( ZNGA ), Activision Blizzard, Inc […]
Freeport-McMoRan Inc. ( FCX ) has reported a successful production test from Freeport-McMoRan Oil & Gas’s (FM O&G) Highlander discovery. The production test indicated a flow rate of roughly 43.5 million cubic feet of natural gas per day (MMcf/d), about 21 MMcf/d net to FM O&G, on a 22/64th choke with flowing tubing pressure of 11,880 pounds per square inch. […]
[marketwatch 64CCEB57-99EC-4AB1-AAA8-DD6C4CF54112] Retailers Get a Christmas Gift From Consumers, and More […]
[marketwatch 64CCEB57-99EC-4AB1-AAA8-DD6C4CF54112] Retailers Getting a Christmas Gift from Consumers, and More […]
As of late, it has definitely been a great time to be an investor in Calithera Biosciences, Inc. ( CALA ) . The stock has moved higher by 112.7% in the past month, while it is also above its 20 Day SMA too. […]
Investors certainly have to be happy with Endologix Inc. ( ELGX ) and its short term performance. After all, the stock has jumped by 18.5% in the past 4 weeks, and it is also above its 20 Day Simple Moving Average as well. […]
Xoom Corporation ( XOOM ) has been on the move lately as the stock has risen by 26.2% in the past four weeks, and it is currently trading well above its 20-Day SMA. This is a pretty solid move higher, but the question that has to be on investors’ minds right now is; can this trend continue? While there can be no telling for sure, it is certainly encouraging that earnings estimates have risen in the past few weeks on the company, suggesting that sentiment on XOOM is moving in the right direction […]
Shares of CLARCOR Inc ( CLC ) reached a new 52-week high, touching $68.67 during the trading session on Dec 24, after gaining momentum on encouraging third-quarter results. However, the stock closed the session at $68.32, which reflects a year-to-date return of 8.5%. Despite its strong price appreciation, this Zacks Rank #3 (Hold) stock has plenty of upside left, given its strong fundamentals […]
Credit Suisse Group AG ( CS ), Switzerland's second largest bank, will have to face the court case filed against it by the New York Attorney General (AG) related to misrepresentation of risk involved in mortgage-backed securities (MBS) sales. In Nov 2012, a lawsuit, which seeks more than $10 billion in damages, was filed against Credit Suisse under the Martin Act. […]
Amid ongoing pressure on revenues, the trend of streamlining operations and focusing on core businesses continued over the last four trading days. Citigroup Inc. ( C ) led the path of restructuring activities in the industry. […]
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