Month: January 2015

A business unit of ALLETE, Inc. ( ALE ), Minnesota Power, has commenced operations at the Bison 4 Wind Energy Center, a 205 megawatt (“MW”) capacity power plant. […]

On Jan 16, 2015, we issued an updated research report on premium agro-chemical firm Monsanto Company ( MON ). The company, along with its subsidiaries, is a leading global provider of agricultural products. Despite several scopes for improvement, Monsanto is currently facing certain major headwinds in business. […]

Plains All American Pipeline, L.P. ( PAA ) announced that it has inked a 364-day credit facility, worth $1 billion, in order to further strengthen its liquidity position. On a pro-forma basis, the partnership’s committed liquidity under the credit facility was $3.6 billion as of Dec 31, 2014, up from the previous limit of around $2.6 billion […]

Both on-demand media giant Netflix ( NFLX ) and global tech behemoth IBM ( IBM ) reported Q4 earnings, and both stocks are seeing a pop in after-market trading. Netflix posted earnings of 72 cents per share, easily beating the Zacks Consensus Estimate of 44 cents. […]

Premium railroads manufacturing company L.B. Foster Co. ( FSTR ) has recently strengthened its automated and international solutions’ trade with the acquisition of TEW Engineering Ltd […]

Shares of Companhia Brasileira de Distribuicao ( CBD ) dropped to a 52-week low of $33.62 on Jan 20 after the company reported sluggish comparable store sales for the fourth quarter 2014 on Jan 13. In fact, share price of this Brazilian retailer has been losing momentum since then and eventually closed at $33.85 on Jan 20. Sluggish Fourth Quarter Comps On Jan 13, CBD reported sluggish comparable store sales in its food and non-food categories in the fourth quarter of 2014, despite increased sales and profits, given tough macroeconomic conditions […]

On Jan 19, 2015, we have issued an updated research report on Embraer SA ( ERJ ). The Brazilian plane maker continues to lead the market for commercial jets with a capacity of 70 to 130 seats. As of Dec 31, 2014, the company had an order backlog of $20.9 billion, up 14.8% year over year. […]

While Twitter, Inc. ( TWTR ) faces a significant uproar in Turkey owing to Charlie Hebdo, the company’s expansion plans in international territories remain intact. […]

On Jan 19, 2015, we issued an updated research report on premium basic materials company BHP Billiton Limited ( BHP ). BHP Billiton is one of the world’s largest diversified resource firm with operations spanning over several continents. […]

Zacks Investment Research downgraded Supernus Pharmaceuticals, Inc. ( SUPN ) to a Zacks Rank #4 (Sell) on Jan 20. Why the Downgrade? […]

AAR Corp. ’s ( AIR ) Airlift division has won a 10-year search & rescue contract from the United Kingdom Ministry of Defence in the Falkland Islands. […]

Brazilian steel producer, Gerdau S.A. ( GGB ), recently announced a buyback program of approximately 30 million American Depositary Receipts (“ADR”). The news lifted investors’ sentiments, driving an increase of roughly 5.5% in the company’s ADR price at the end of the trading session on Jan 19. […]

ArcelorMittal ( MT ) announced that it has sold its interest in the Kuzbass coal mines in the Kemerovo region of Siberia, Russia, to the country's National Fuel Company (NTK). The assets include the coal mines of Berezovskaya and Pervomaskaya, which cumulatively produce 700,000 tons of coal annually. The Kuzbass mine supplied coal to ArcelorMittal's steel operations in Ukraine. […]

Shares of BorgWarner Inc. ( BWA ) inched up 0.6% on Jan 14 after it announced mixed guidance for 2014 and 2015. […]

Actavis ( ACT ) and Hungary-based partner Gedeon Richter announced encouraging data from a phase III study on their atypical antipsychotic drug, cariprazine. The study evaluated the efficacy and safety of cariprazine in the prevention of relapse in adults suffering from schizophrenia. […]