Mechel OAO ( MTL ) announced that its enterprise, Mechel Service OOO, has inked an agreement with Credit Bank of Moscow to extend the maturity of its existing credit lines, totaling $105 million, till Feb 2016. The security pledge and interest rate remain unaltered. […]
The proposed merger of American Realty Capital Healthcare Trust, Inc. ( HCT ), with and into a wholly owned subsidiary of Ventas Inc. ( VTR ), has crossed another hurdle. […]
On Jan 15, we issued an updated research report on Juniper Networks, Inc. ( JNPR ). […]
The PNC Financial Services Group, Inc. ( PNC ) reported another impressive quarter with an earnings surprise of 5.7%. The company’s fourth-quarter 2014 earnings per share of $1.84 outpaced the Zacks Consensus Estimate of $1.74 […]
SunTrust Banks, Inc. ’s ( STI ) fourth-quarter 2014 adjusted earnings of 88 cents per share surpassed the Zacks Consensus Estimate of 80 cents. Moreover, the reported figure came in 14.3% higher than the prior-year quarter number […]
On Jan 14, 2015, Zacks Investment Research upgraded leading molecular diagnostic company Myriad Genetics Inc. ( MYGN ) to a Zacks Rank #2 (Buy). Why the Upgrade […]
Offshore drilling giant Transocean Ltd. ( RIG ) has provided its fleet status report for the period commencing Dec 18, 2014 to date. […]
Leading 3D printing solutions provider, Stratasys Ltd. ( SSYS ) recently announced the appointment of Jerome Hamilton as its Senior Vice President of Global Operations. […]
Comerica Incorporated ’s ( CMA ) fourth-quarter adjusted earnings per share of 82 cents outpaced the Zacks Consensus Estimate of 77 cents. This also compared favorably with the prior-year figure of 62 cents. Comerica Inc […]
Amazon.com Inc. ’s ( AMZN ) film production division, Amazon Studios, released 13 original TV series pilots on its streaming service, Amazon Instant Video, in the U.S., U.K. […]
The Charles Schwab Corp. ’s ( SCHW ) fourth-quarter earnings of 25 cents per share beat the Zacks Consensus Estimate by a penny driven by revenue growth. […]
Saint-Gobain and Sika Management Met in Zurich Today PR Newswire ZURICH, January 16, 2015 ZURICH , January 16, 2015 /PRNewswire/ — During this meeting, Saint-Gobain presented constructive proposals to the Sika Board of Directors and Management to reassure them about Sika’s continued development under the best possible conditions and to implement the synergies identified, as quickly as possible after the closing, in the interests of all the shareholders. With its new shareholder Saint-Gobain, Sika will continue its development under the same conditions as those that have underpinned its success. […]
Zacks Investment Research downgraded shares of SARATOGA INVEST (SAR) from OUTPERFORM to NEUTRAL on January 16, 2015, with a target price of $17.10. Saratoga Investment Corporation, formerly known as GSC Investment Corp., is a specialty finance company that invests primarily in leveraged loans and mezzanine debt issued by U.S. […]
Zacks Investment Research downgraded shares of Chesapeake Energy Corporation (CHK) from NEUTRAL to UNDERPERFORM on January 16, 2015, with a target price of $17.00. We are downgrading our recommendation on Chesapeake Energy shares to Underperform from Neutral. The company reported weak third quarter earnings, due mainly to lower price realizations […]
Zacks Investment Research downgraded shares of Cabot Oil & Gas Corporation (COG) from NEUTRAL to UNDERPERFORM on January 16, 2015, with a target price of $26.00. Based on the number of near-term challenges, we are lowering our recommendation for Cabot Oil & Gas to Underperform from Neutral. […]
Zacks Investment Research upgraded shares of The Allstate Corp. (ALL) from NEUTRAL to OUTPERFORM on January 16, 2015, with a target price of $83.00. […]
Zacks Investment Research upgraded shares of MAVENIR SYSTEMS (MVNR) from NEUTRAL to OUTPERFORM on January 16, 2015, with a target price of $14.80. Mavenir Systems Inc. provides software-based telecommunications networking solutions. […]
Zacks Investment Research upgraded shares of SOTHERLY HOTELS (SOHO) from NEUTRAL to OUTPERFORM on January 16, 2015, with a target price of $7.90. SoTHERLY Hotels Inc. is a real estate investment trust […]
Zacks Investment Research upgraded shares of MOVADO GRP INC (MOV) from UNDERPERFORM to NEUTRAL on January 16, 2015, with a target price of $23.90. Movado Group, Inc. is a designer, manufacturer and distributor of quality watches with prominent brands sold in almost every price category comprising the watch industry. […]
Duluth announces receipt of final court approval for arrangement with Antofagasta Investment Company Limited PR Newswire TORONTO, Jan. 16, 2015 TORONTO , Jan. 16, 2015 /PRNewswire/ – Duluth Metals Limited ( ” Duluth ” or ” Duluth Metals ” ) (TSX: DM) (TSX:DM.U) is pleased to announce that Duluth has received final court approval for the previously announced proposed arrangement (the ” Arrangement “) with Antofagasta Investment Company Limited (” Antofagasta “), a wholly-owned subsidiary of Antofagasta plc […]
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