Month: January 2015

Huntington Bancshares Incorporated ( HBAN ) is scheduled to report fourth-quarter 2014 results on Thursday, Jan 22, before the market opens. Huntington managed to deliver a positive earnings surprise of 5.3% in third-quarter 2014. The company’s earnings per share came in at 20 cents, beating the Zacks Consensus Estimate by a penny. […]

Things were a little lull at the defense sector over the last five trading days with some of the major players gaining only slightly while others ending in the red. Among the most important headlines, Northrop Grumman Corp. […]

On Jan 20, Zacks Investment Research upgraded Bemis Company, Inc. ( BMS ) to a Zacks Rank #1 (Strong Buy). Why the Upgrade? […]

WEX Inc. ( WEX ), a principal provider of financial and information management solutions, declared that WEX Europe has inked a deal with Voxel Group, the leading supplier of electronic transactions systems to the hospitality and travel industries worldwide. […]

Old Republic International Corporation ( ORI ) announced that it is funding the establishment of a joint underwriting venture with certain principals long associated with specialty insurance. The new venture – Old Republic Specialty Insurance Underwriters, Inc. […]

The year 2014 turned out to be a good one for the Health Insurance sector in spite of fears that the Health Care reform would make it tough on the industry. Not only did many health insurers meet or beat earnings, they even outperformed the S&P 500. The industry has been trying out ways to adapt to Obamacare, which was passed in 2010 […]

It was a week where oil prices rebounded from their 6-year lows and natural gas rallied too. On the news front, Schlumberger Ltd. ( SLB ) kicked off the earnings season with a healthy beat. […]

Deals and agreements are a common practice in the healthcare sector. We have seen several deals, collaborations and acquisitions last year. […]

One of the leading hamburger chains, McDonald's Corp. ( MCD ) is set to report fourth-quarter and full-year 2014 results on Jan 23, 2015. In the last quarter, the company posted a positive surprise of 10.95%. […]

Midstream energy assets operator, Kinder Morgan, Inc. ( KMI ) is expected to report fourth-quarter 2014 earnings on Jan 21, after the closing bell. […]

Ushering in good news for its shareholders, EPR Properties ( EPR ) announced a hike of over 6% in its monthly dividend rate to 30.25 cents from 28.50 cents paid earlier. The new dividend will be paid on Feb 17, 2015 to shareholders of record as on Jan 30. […]

Novo Nordisk A/S ( NVO ) announced that the company will first launch its combination diabetes drug, Xultophy, in Switzerland. Xultophy is a single injection combination of Tresiba (basal insulin) and Victoza (a GLP-1 analogue), which has to be administered once-daily, independent of meals. The drug is approved for use in type II diabetes patients who show inadequate control with oral glucose-lowering treatments (used individually or with basal insulin). […]

On Jan 19, Zacks Investment Research upgraded Hologic Inc. ( HOLX ) to a Zacks Rank #2 (Buy). Why the Upgrade […]

In line with its strategy to grow through inorganic means, worldwide distributor of health care products and services, Henry Schein Inc. ( HSIC ), recently decided to acquire scil animal care company GmbH – an animal health laboratory and imaging diagnostic products and services distributor in North America and Europe. Although financial terms of the deal remained undisclosed, Henry Schein expects this acquisition to close in the second quarter of 2015 […]

L Brands, Inc. ’s ( LB ) sustained focus on cost containment, inventory management, merchandise and speed-to-market initiatives has helped it to stay afloat in a soft consumer environment. Moreover, the company’s foray into international markets is likely to bring long-term growth opportunities as overseas stores continue to perform better and generate increased sales volumes. […]

Fertilizer maker Mosaic ( MOS ) said that it envisions margins for its phosphates and potash businesses to come ahead of its earlier projected guidance ranges. Moreover, phosphates volumes are also expected to exceed its previous expectations while volumes for potash have been forecast to be at the top end of the company’s guidance range. […]