Stock Analysts

E*TRADE Continues to Fortify Balance Sheet; Time to Hold?

On Jan 7, 2015, we issued an updated research report on E*TRADE Financial Corporation ( ETFC ). Shares of this New York-based investment brokerage firm have gained over 15% in a year’s time. We believe the rise in the stock price has been driven by a number of factors including the company’s continuous efforts in strengthening its balance sheet – the latest move being its plans to reduce debt, apart from the ongoing strategy of lowering the size of its legacy loan portfolio […]

Stock Analysts

CGI Wins IT infrastructure Management Deal from Mitsubishi

Information technology (“IT”) company CGI Group Inc. ( GIB ) was awarded an outsourcing contract by Mitsubishi Hitachi Power Systems Europe for managing its IT infrastructure. The five-year contract, valued at €17 million (around $20.2 million), entails CGI Group to employ its Remote Infrastructure Management approach to manage Mitsubishi’s IT infrastructure from its data center in Bremen. […]

Technicals

Isle of Capri Casinos (ISLE) Stock: Moving Average Crossover Alert – Tale of the Tape

Isle of Capri Casinos ( ISLE ) may be a solid choice for technical investors, as the firm saw some good news with its moving average crossover. ISLE just saw its 50 Day Moving Average break out above its 200 Day Simple Moving Average, meaning that there could be some short-term bullishness for the stock. You could definitely argue that this has already started to take place, as shares of ISLE have jumped by 18.4% in the trailing 4 weeks. […]

Stock Analysts

4 Regional Banks to Benefit from Rate Hike

The tide of operating environment has not been favorable since the beginning of 2014, but the U.S. banks proved their mettle and stayed afloat. In spite of the nagging, and perhaps heightened, structural pressure and weakness in key segments – capital market business and mortgage banking, cost containment and modest improvement in some segments managed to counter the stress […]

Stock Analysts

Pioneer’s 1Q15 Output & Costs Affected by Severe Winters

Texas-based Pioneer Natural Resources Company ’s ( PXD ) share price increased by 1.4% following the announcement that severe winter weather in West Texas has considerably affected production and drilling operations in the Spraberry/Wolfcamp area. Due to heavy icing and freezing temperatures at the beginning of Jan 2015, the Spraberry/Wolfcamp area experienced extensive power outages, facility freeze-ups, trucking curtailments and restricted access to production and drilling facilities. […]

Economic Data

Jobs Numbers, Revisions Push Higher – Ahead of Wall Street

Friday, January 9, 2015 This is Mark Vickery covering for Sheraz Mian, who will be out of the office until a week from next Tuesday. This week’s hotly anticipated non-farm payroll numbers were released this morning, and results did not disappoint. December job gains reached 252K, with the unemployment rate dipping to 5.6 percent […]