Stock Analysts

Kimco Closes $1B Deals in Q4, Majorly Exits Latin America

Riding high on its portfolio transformation activities, Kimco Realty Corp. ( KIM ) disclosed fourth-quarter deals worth $999 million and full-year 2014 transactions of $3.1 billion. The company has also largely liquidated its Mexican portfolio, reflecting substantial accomplishment of its effort to depart from Latin America. […]

Stock Analysts

CF Industries at 52-Week High on Nitrogen Fertilizer Demand

Shares of CF Industries Holdings, Inc. ( CF ) touched a new 52-week high of $292.72 on Jan 7, surpassing its previous high of $290.29, before eventually closing marginally lower at $290.74. The fertilizer maker, which has a market cap of around $14.5 billion, has seen its shares rise roughly 29.5% over the past year […]

Stock Analysts

Pulte at 52-Week High; Obama to Cut Mortgage Insurance Fee

Shares of homebuilder PulteGroup, Inc. ( PHM ) hit a new 52-week high on Jan 7, amid a report that President Barack Obama plans to cut premiums on mortgage insurance to encourage home buying among first-time homebuyers. It is expected that Obama will announce a 50-basis-point cut in Federal Housing Administration’s (FHA) annual mortgage insurance premiums from 1.35% to 0.85% at an event in Phoenix on Thursday. […]

Stock Analysts

Covidien Hits 52-Week High as Medtronic Deal Nears Close

Shares of Covidien plc ( COV ) hit a new 52-week high of $104.06 in mid-day trading on Jan 7 following a significant advancement in its impending merger with Medtronic, Inc. ( MDT ). Covidien’s shares closed marginally lower at $103.95 on the same day, translating into an impressive one-year return of roughly 52% […]

Downgrades

Core Laboratories, N.V. (CLB) Downgraded by Zacks to UNDERPERFORM

Zacks Investment Research downgraded shares of Core Laboratories, N.V. (CLB) from NEUTRAL to UNDERPERFORM on January 08, 2015, with a target price of $103.00. We are downgrading Core Laboratories to Underperform from Neutral in a weak crude pricing environment as the business of oil field services companies is directly correlated to the commodity price […]

Economic Data

Can Markets Repeat the Rebound? – Ahead of Wall Street

Thursday, January 8, 2015 This is Mark Vickery covering for Sheraz Mian, who will be out of the office until a week from next Tuesday. The first positive trading day in the stock market finally happened yesterday, on plenty of value-buying following 5 straight sessions in the red to start 2015 as well as oil prices leveling off, at least temporarily. Thursday begins with futures and the 10-year reacting positively to comments made yesterday by the head of the Chicago Fed suggesting pushing out the Federal Reserve’s inevitable interest rate hike […]

Economic Data

Markets Finally Rebounded In 2015 – Economic Highlights

The first positive trading day in the stock market finally happened yesterday, on plenty of value-buying following 5 straight sessions in the red to start 2015 as well as oil prices leveling off, at least temporarily. Thursday begins with futures and the 10-year reacting positively to comments made yesterday by the head of the Chicago Fed suggesting pushing out the Federal Reserve’s inevitable interest rate hike. […]

Mergers & Acquisitions

Superior Capital Partners Acquires Daystar Desserts as Add-On Investment to Dianne’s Fine Desserts Platform

Superior Capital Partners Acquires Daystar Desserts as Add-On Investment to Dianne’s Fine Desserts Platform DAYSTAR ACQUISITION REPRESENTS THE 19TH ACQUISITION MADE UNDER SUPERIOR’S INAUGURAL FUND PR Newswire DETROIT, Jan. 8, 2015 DETROIT , Jan. 8, 2015 /PRNewswire/ — Superior Capital Partners LLC, a Detroit -based private equity firm, announced today that it has acquired the assets of Daystar Desserts, LLC as an add-on acquisition to its portfolio company, Dianne’s Fine Desserts […]