Month: January 2015

Stock Analysts

Kimco Realty Scales a New 52-Week High: Time to Buy?

January 9, 2015 0

Shares of Kimco Realty Corporation ( KIM ) scaled a new 52-week high of $26.76 on Jan 8, following the disclosure of its transaction activities and substantial strategic exit from Latin America in 2014. Broader market was optimistic as well, driven by expectations for a continued low rate environment for some more time following the Fed minutes disclosure. The stock closed at $26.60, reflecting a solid return of 33.4% over the past one year. […]

Stock Analysts

SCANA to Redeem in Advance Subordinated Notes in February

January 9, 2015 0

Energy holding company, SCANA Corporation ( SCG ) announced that it has decided to redeem in advance of maturity its $150 million of 2009 Series A, 7.70% Enhanced Junior Subordinated Notes. The entire outstanding principal amount of the notes are being called for redemption on Feb 2, 2015 at a price equal to 100% of the principal amount of the notes, plus accrued and unpaid interest through, but not including, the redemption date. The company reported strong financial results for the third quarter of 2014 with both the top and the bottom line beating the Zacks Consensus Estimate. […]

Stock Analysts

US Cellular Works on LTE Strength, Roaming Revenues Suffer

January 9, 2015 0

Stiff pricing competition from big players in the market and heavy subsidies on smartphones could restrict United States Cellular Corporation ’s ( USM ) growth, going forward. However, ahead of the fourth quarter earnings release, we expect U.S. Cellular to gain from LTE expansion and smartphone sales, which are likely to drive the bottom line. […]

Stock Analysts

3 Pharma Stocks That Soared Past Pfizer in 2014

January 9, 2015 0

Pfizer Inc. ( PFE ), one of the most well-known large-cap pharma companies in the world, had a challenging year with its top-line remaining under pressure and not too many updates on the regulatory/pipeline front. Although Pfizer’s earnings track record was better-than-expected in the last three quarters, the top-line remains under pressure with several erstwhile blockbuster drugs facing generic competition. […]

Stock Analysts

3 Retail Stocks That Outperformed Wal-Mart in 2014

January 9, 2015 0

The retail sector had a roller coaster ride in 2014. Most of the retailers got off to a weak start in 2014 due to a harsh winter which resulted in store shutdowns and disrupted shopping. Though weather conditions and the job scenario improved in the second quarter, the overall economic environment remained sluggish due to lower consumer demand […]

Stock Analysts

BlackBerry Unveils IoT Platform; Adds BBM to Android Wear

January 9, 2015 0

With the launch of the cloud-based Internet of Things (IoT) platform – Canadian handset maker BlackBerry Limited ( BBRY ) – is aiming to leverage its wide-ranging technology portfolio. The new IoT platform blends technology from Blackberry’s QNX software system designed for connected devices with its protected network infrastructure. With this new platform, BlackBerry seeks to provide its customers with the opportunity of structuring IoT applications in a secure, competent and scalable manner […]

Mergers & Acquisitions

Golub Capital Provides Senior Credit Facility To Finance Ontario Teachers’ Pension Plan’s Acquisition Of PetVet Care Centers, LLC

January 9, 2015 0

Golub Capital Provides Senior Credit Facility To Finance Ontario Teachers’ Pension Plan’s Acquisition Of PetVet Care Centers, LLC PR Newswire NEW YORK, Jan. 9, 2015 NEW YORK , Jan. 9, 2015 /PRNewswire/ — Golub Capital announced today that as Joint Lead Arranger, Joint Bookrunner and Administrative Agent it provided a $232.25 million senior credit facility to support the acquisition of PetVet Care Centers, LLC (“PetVet” or “the Company”) by Ontario Teachers’ Pension Plan (“Teachers'”). […]

Stock Analysts

Broadwind Energy Reduces Q4 Outlook, Shares Fall 10.1%

January 9, 2015 0

Broadwind Energy, Inc. ( BWEN ) recently announced that it now expects its top and bottom-line results for fourth-quarter 2014 to come in below the projections previously announced in Oct 2014. The news weakened market sentiments for the stock, with its share price falling nearly 10.1% at the close of the trading session on Jan 8. […]