Shares of contract drilling services provider Helmerich & Payne Inc. ( HP ) fell 6.6% on the NYSE following a bearish rig activity update. Helmerich & Payne stated that drilling activity and rig dayrates are expected to witness a significant decline owing to low crude prices. […]
What is a bane for energy stocks might just be a boon for the travel sector. Drop in Gasoline Prices According to the EIA (U.S. […]
SUPERVALU Inc. 's ( SVU ) third-quarter fiscal 2015 earnings per share of 18 cents beat the Zacks Consensus Estimate of 14 cents by 28.6%. Earnings also surpassed year-ago results of 13 cents by 38.5%, backed by a higher top line. […]
Great Lakes LLC, a unit of Great Lakes Dredge & Dock Corporation ( GLDD ), and Sons Materials, L.P., announced the sale of real estate owned by their joint venture, Amboy Aggregates (Amboy). Great Lakes Dredge & Dock has a 50% interest in Amboy, which conducts sand dredging operation in New Jersey that distributes the dredged sand and other aggregates for use in road and building construction and for clean land fill. Sale of the real estate, bought on Dec 31, 2014, includes approximately forty-one acres of land located in South Amboy, NJ. […]
Humana Inc. ( HUM ) recently entered into an Accountable Care agreement with Aurora Health Care. Effective since Jan 1, 2015, this agreement is aimed at catering to Humana Medicare Advantage (MA) members throughout eastern Wisconsin and northern Illinois […]
AVX Corp. ( AVX ) was a big mover last session, as the company saw its shares rise nearly 6% on the day. The price rise was backed by the company’s announcement of the Solutions for Hope pilot programs, which successfully supplied substantial quantities of coltan from its mines in the Republic of Congo […]
Rockwell Medical, Inc. ( RMTI ) was a big mover last session with its shares rising nearly 9% on the day. […]
Investors certainly have to be happy with Ebix Inc ( EBIX ) and its short term performance. After all, the stock has jumped by 24.4% in the past 4 weeks, and it is also above its 20 Day Simple Moving Average as well. This is certainly a good trend, but investors are probably asking themselves, can this positive trend continue for EBIX? […]
Northeast Utilities ( NU ), an energy delivery firm with headquarters in Boston, MA and Hartford, CT, is processing a change of its name to "Eversource Energy". The re-branding program will officially take place on Feb 2, 2015. The company’s customers will obtain information related to the name change initiative following the launching stage. […]
3D Systems Corporation ( DDD ) has been making consistent efforts to expand its business and strengthen its operational efficiency. Apart from driving organic growth, the company has also been pursuing strategic acquisitions to expand its product portfolio. As part of its efforts to introduce new and innovative products, the company recently unveiled its full color desktop printer, CubePro C […]
On Jan 5, 2015, we issued an updated research report on CIT Group Inc. ( CIT ). We expect the company’s restructuring initiatives and a continued rise in earning assets to drive growth going forward […]
The share price of Toyota Motor Corporation ( TM ) increased 2.5% to $125.17 on Jan 7, 2015 after the automaker reported a 12.5% year-over-year increase in sales in China to 1.03 million vehicles in 2014. However, the sales volume achieved was lower than the expectation of 1.1 million vehicles, per sources. Toyota was unable to meet its sales volume target due to slow growth in the world’s largest auto market along with huge vehicle inventory. […]
The Blackstone Group L.P. ( BX ) and TPG Capital LP have announced a deal to jointly acquire the U.K.-based Acenden Mortgage Servicing Solutions from the administrators of Lehman Brothers. Notably, financial terms of the transaction were not disclosed. […]
As of late, it has definitely been a great time to be an investor in Halyard Health Inc ( HYH ) . The stock has moved higher by 20.5% in the past month, while it is also above its 20 Day SMA too. This combination of strong price performance and favorable technical, could suggest that the stock may be on the right path. […]
Ocera Therapeutics Inc ( OCRX ) has been on the move lately as the stock has risen by 8.9% 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 OCRX is moving in the right direction […]
As of late, it has definitely been a great time to be an investor in Onconova Therapeutics Inc ( ONTX ) . The stock has moved higher by 9% in the past month, while it is also above its 20 Day SMA too. […]
Koninklijke Philips N.V ( PHG ) disclosed that it received 510(k) clearance from the U.S.A. Food and Drug Administration (‘FDA’) for marketing its Avalon CL Fetal Monitoring solution across the nation. […]
Washington-based retailer of sports-related teen apparel, Zumiez Inc. ( ZUMZ ), reported an 8.0% rise in comps for the five weeks ended Jan 3, 2015, in contrast to a 2.4% decline reported for the five weeks ended Jan 4, 2014. Solid comps growth for the month is attributed to a remarkable holiday season that gained from a favorable backdrop of lower gas prices and improved unemployment rate along with the right weather conditions. […]
On Jan 8, Zacks Investment Research upgraded Chemical Financial Corporation ( CHFC ) to a Zacks Rank #1 (Strong Buy). Why the Upgrade? Chemical Financial has been exhibiting organic growth with expansion in Michigan […]
Family Dollar Stores Inc. ( FDO ) posted first-quarter fiscal 2015 earnings of 44 cents a share, which missed the Zacks Consensus Estimate of 59 cents, and plunged 35.3% from 68 cents earned in the prior-year quarter. Stiff competition and margin contraction hurt the results. […]
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