Month: January 2015

3M Company ( MMM ) is scheduled to report its fourth-quarter 2014 results before the opening bell on Jan 27. In the last reported quarter, quarterly earnings beat the Zacks Consensus Estimate by a couple of cents. Let’s see how things are shaping up for this announcement […]

Enterprise Products Partners L.P. ( EPD ) announced that shipper commitments received during a recent binding commitment period will support its proposed expansion of the Panola Pipeline Company, LLC natural gas liquids (“NGL”) system. A 181-mile long Panola Pipeline starts near Carthage in Panola County, TX and supports the oil and gas production regions of Haynesville and Cotton Valley […]

Oil giant BP plc ( BP ) announced a definitive, multi-year agreement with Synchrony Financial ( SYF ), a premier consumer financial services company for the launch of a private label credit card and co-branded credit programs for consumers. The new BP credit card programs will be launched in the second quarter of 2015 and will include the BP private-label credit card and co-branded options for qualifying customers. […]

The issuer credit rating (ICR) of W. R. […]

Seagate Technology Public Limited Company ( STX ), one of the largest manufacturers of hard disk drives (HDD), is slated to report second-quarter fiscal 2015 results on Jan 26, before the opening bell. In the last quarter, it had posted a positive earnings surprise of 7.2%. […]

Toyota Motor Corporation ( TM ) has decided to increase the production of its fuel cell vehicle, Mirai, over the next couple of years to meet the expected increase in demand. The car, which was launched in Japan slightly over a month ago, is gaining popularity. It has already generated 1,500 orders for Toyota in the first month after launch. […]

Constellation Energy Resources, LLC, a subsidiary of Exelon Corporation ( EXC ), has entered into the phase 2 of an agreement with The Port Authority of New York and New Jersey, worth $25.8 million, in an attempt to further strengthen the latter’s energy efficiency and water conservation initiatives. The project is part of the Port Authority’s Energy Conservation Improvements initiative and scheduled to be concluded in Dec 2016. Per the contract, this National Association of Energy Service Companies-affiliated firm will provide a wide array of services to the Port Authority – fitting over 5,000 light-emitting diode (LED) exterior lighting fixtures at the George Washington Bridge, the Goethals Bridge and Outerbridge Crossing, and the Holland and Lincoln Tunnel Roadways […]

Biotech major, Amgen ( AMGN ), will be reporting fourth quarter and full year 2014 results on Jan 27 after the market closes. Amgen’s track record has been pretty good in the last three quarters with the company beating earnings estimates consistently. […]

Midland, TX-based Diamondback Energy Inc. ( FANG ) has priced a public offering of 1,750,000 common shares, with a 30-day over-allotment option to the underwriter for an additional 262,500 shares. The closing of the offering is expected to occur on Jan 26, 2015, subject to certain customary conditions […]

General Motors Company ’s ( GM ) Cadillac brand will utilize the most comprehensive and advanced mixed-material manufacturing techniques for the production of the new CT6 top-range sedan. With this, the automaker intends to offer a top-range, large luxury sedan which will deliver the efficiency of a smaller vehicle. General Motors will be producing the new Cadillac CT6 at its Detroit-Hamtramck Assembly plant, utilizing a unique combination of joining techniques. […]

The much-hyped merger between tobacco majors Reynolds American Inc. ( RAI ) and Lorillard Inc. ( LO ) has been facing several obstructions from anti trust authorities […]

Retail giant Wal-Mart Stores, Inc. ( WMT ) announced that it will open 11 supercenters by Jan 29 across Canada. […]

Switzerland-based Novartis AG ( NVS ), one of the leading players in the healthcare solutions, will be reporting its fourth-quarter and full-year 2014 results on Jan 27, 2015. Novartis’ track record remained dismal in the first nine months of 2014 with the company missing estimates twice in the last three quarters. The average earnings miss over the last four quarters is 0.98%. […]

On Jan 22, 2015, we issued an updated research report on U.S. energy firm Apache Corp ( APA ). Being a firm in the exploration and production industry, Apache’s profitability is expected to take a beating in this weakly priced oil and gas market. […]

Minerva Neurosciences, Inc. ( NERV ) gained approximately 16.6% after the company announced encouraging preliminary results from a phase I study on its sleep disorder candidate, MIN-202, a selective orexin-2 antagonist. The double-blind, placebo-controlled, randomized, four-way crossover, single-dose phase I study evaluated the use of MIN-202 in patients suffering from major depressive disorder (MDD) and insomnia […]

Affiliated Managers Group Inc. ( AMG ) is scheduled to release fourth-quarter and full-year 2014 results on Jan 27, before the market opens. […]

On Jan 23, 2015, Zacks Investment Research upgraded J. C. Penney Company, Inc. […]

Lexmark International Inc. ( LXK ) is set to report fourth-quarter 2014 results on Jan 27. Last quarter, the company posted a positive earnings surprise of 12.9%. […]

DuPont ( DD ) is set to release its fourth-quarter 2014 results ahead of the opening gong on Jan 27. The chemical behemoth’s adjusted earnings for the last quarter beat the Zacks Consensus Estimate and also came ahead of the year-ago earnings. […]