Month: January 2015

Mergers & Acquisitions

Ipreo Acquires ClearMomentum

January 20, 2015 0

Ipreo Acquires ClearMomentum Expands new Alternative Assets vertical with leading-edge portfolio monitoring solutions PR Newswire NEW YORK and ROCHESTER, N.Y., Jan. 20, 2015 NEW YORK and ROCHESTER, N.Y. , Jan […]

Economic Data

IMF Cuts, Q4 Earnings Mixed – Ahead of Wall Street

January 20, 2015 0

Tuesday, January 20, 2015 This is Mark Vickery covering for Sheraz Mian, who will be out of the office until Wednesday. This morning, the International Monetary Fund (IMF) lowered its global growth forecast by 30 basis points — 3.5 percent from 3.8 percent — which constitutes the IMF’s biggest cut in 3 years. This follows last week’s decision by the World Bank to lower its growth forecast for all of 2015 from 3.4 percent to 3.0 percent […]

Economic Data

IMF Trims Global Growth Forecast, Domestic Earnings Mixed – Economic Highlights

January 20, 2015 0

This morning, the International Monetary Fund (IMF) lowered its global growth forecast by 30 basis points — 3.5 percent from 3.8 percent — which constitutes the IMF’s biggest cut in 3 years. This follows last week’s decision by the World Bank to lower its growth forecast for all of 2015 from 3.4 percent to 3.0 percent. Clearly these global finance agencies are concerned with the same thing investors have been concerned with since 2015 got underway: lower global growth, led in some ways by plummeting oil prices, resulting in sluggish growth in the U.S […]

Technicals

M&T Bank (MTB) Beats on Q4 Earnings, Revenues Up Y/Y – Tale of the Tape

January 20, 2015 0

Have you been eager to see how M&T Bank Corporation ( MTB ) performed in Q4 in comparison with the market expectations? Let’s quickly scan through the key facts from this New York-based major bank’s earnings release this morning: An Earnings Beat M&T Bank came out with net operating earnings per share of $1.95 for fourth-quarter 2014, marginally beating the Zacks Consensus Estimate of $1.94. […]

Mergers & Acquisitions

The Gardner Group Merges with Hylant, Expanding Employee Benefits Offerings in Florida

January 20, 2015 0

The Gardner Group Merges with Hylant, Expanding Employee Benefits Offerings in Florida PR Newswire TOLEDO, Ohio, Jan. 20, 2015 TOLEDO, Ohio , Jan. 20, 2015 /PRNewswire/ — Hylant, one of the largest privately owned insurance brokerage firms in the nation, announced today that The Gardner Group, an independent employee benefits agency based in Neptune Beach, Fla […]

Stock Analysts

Will Briggs & Stratton (BGG) Earnings Disappoint in Q2?

January 20, 2015 0

Briggs & Stratton Corp. ( BGG ) is scheduled to report its second-quarter fiscal 2015 results on Wednesday, Jan 21, after the market closes. In the first quarter of fiscal 2015, Briggs & Stratton posted adjusted loss per share of 21 cents, narrower than the prior-year quarter loss of 35 cents as well as the Zacks Consensus Estimate of a loss of 37 cents per share. […]

Stock Analysts

3 Retail Stocks to Beat Despite Subdued December Sales

January 20, 2015 0

Baffled by the inability of cheap gasoline and more jobs to perk up December retail sales, investors are now busy scanning the retail stocks in their portfolio. With a rebounding economy and increased consumer confidence the retail space was charged up but it did not hear the cash registers jingle. […]