Stock Analysts

IAMGOLD (IAG) Concludes Niobec Mine Sale for $530M

IAMGOLD Corporation ( IAG ) announced that it has completed the sale of its Niobec mine to a group of companies led by Magris Resources Inc. for cash proceeds of $500 million (post-tax). The proceeds will also include additional $30 million when the adjacent rare earth element ("REE") deposit goes into commercial production […]

Stock Analysts

Comstock Resources Declares Production, Reserves for 2014

On Jan 22, energy explorer Comstock Resources Inc. ( CRK ) provided an update on its production and proved reserves for the year ended Dec 31, 2014. Proved Reserves The company added that as of Dec 31, 2014, it had proved oil and gas reserves of 620.4 billion cubic feet of natural gas equivalent (Bcfe), compared with 585 Bcfe last year […]

Stock Analysts

Clorox (CLX) Looks Strong from Earnings Growth Perspective

Global consumer product giant, The Clorox Company ( CLX ) has been performing remarkably well as evident from its strong quarterly performances and solid year-over-year growth of 23.4%. On analyzing the factors that illustrates the stock’s growth story, primary focus falls on its positive earnings surprise history. In the trailing three quarters, Clorox has surpassed the Zacks Consensus Estimate thrice, adding up to an average surprise of 4.31%. […]

Mergers & Acquisitions

Park City Hyatt Escala Lodge Acquired By Sunrise Holdings

Park City Hyatt Escala Lodge Acquired By Sunrise Holdings Berkshire Hathaway Home Services Utah Properties selected as exclusive sales and marketing agent for the residential condominiums at the property PR Newswire PARK CITY, Utah, Jan. 26, 2015 PARK CITY, Utah , Jan. 26, 2015 /PRNewswire/ — Sunrise Holdings, LLC (“Sunrise”) in partnership with Lantern Asset Management and Resort Finance America, today announced it has acquired Hyatt Escala Lodge located in Park City , Utah. […]

Technicals

Seagate’s (STX) Q2 Earnings Miss Estimate – Tale of the Tape

The storage solution provider, Seagate Technology Public Limited Company ( STX ) is mainly known as one of the largest manufacturers of hard disk drives (HDD) which caters to the needs of individual and small businesses. However, for the past few years the company is focusing on the larger enterprise segment, where technology upgrades and cloud-related investments are on the rise. Moreover, Seagate’s cloud-based applications have generated ample customer interest. […]