Stock Analysts

Flowserve Closes SIHI Buyout, IPD Segment to Gain by 2017

Flowserve Corporation ( FLS ) closed the previously announced buyout of the Itzehoe, Germany-based engineered vacuum and fluid pumps provider, SIHI Group B.V. The transaction was valued at about €298 million ($372.5 million). SIHI Group specializes in providing engineered vacuum and fluid pumps along with related aftermarket services […]

Stock Analysts

Forget IBM, Buy These Tech Stocks Instead

Now that we are into the New Year, the stock market and its key sectors warrant introspection. Amid macroeconomic uncertainties and global market upheavals, the sector that stood out in 2014 was Technology. This is evident from a substantially better performance by the NASDAQ-100 Technology Sector (NDXT) index, which rallied 20.3% on a yearly basis, exceeding Dow Jones (6.8%), Nasdaq (6.6%) and the S&P 500 (10.3%). […]

Stock Analysts

Starwood Hotels (HOT) Brings Sheraton Brand to Tajikistan

Leading hotelier, Starwood Hotels & Resorts Worldwide, Inc. ( HOT ) recently announced the opening of the Dushanbe Hotel in Tajikistan under the brand Sheraton. The hotel, which has been opened in collaboration with CJSC CHL International, a subsidiary of CHL Limited, marks the entry of the company in Tajikistan. […]