Month: January 2015

The crude slide continues with Thursday’s fall and stockpiles surprise with a build-up on higher imports and production. Brent Crude – the key North Sea price and global benchmark – for February delivery is down 2.1% to $47.67 a barrel on the ICE Futures Europe exchange. […]

On Jan 15, 2015, we initiated coverage on Delphi Automotive PLC ( DLPH ). This Zacks Rank #3 (Hold) stock had reported positive earnings surprises in each of the last four quarters with a positive average beat of 7.5%. […]

Stockton, CA-based specialty food company, Diamond Foods Inc. ( DMND ), has a vertically integrated business model that allows it to instantly react to the changing market trends and exploit new opportunities. Moreover, the company’s nut roasting facilities and patented glazing technologies enables it to provide shelf-stable glazed nut to the mass market […]

Pipeline updates are highly awaited events in the pharma/biotech sector as they play an important role in deciding whether or not to invest in a particular company. These updates provide information on experimental drugs and at times give an insight into the commercial potential of the candidate once it is successfully developed and commercialized. Earlier this week, Hospira, Inc […]

Humana Inc. ( HUM ) recently inked an Accountable Care agreement with Boulder Community Health, a regional health system having facilities throughout Boulder and Broomfield counties. […]

On Jan 14, 2015, we issued an updated research report on Universal Forest Products Inc. ( UFPI ). Despite a solid organic and inorganic growth profile, the company’s near-term outlook is marred by uncertain economic conditions in the U.S […]

Copper prices fell off a cliff on Wednesday, sending the metals sector into a tailspin. Prices for the red metal – which is used across a gamut of industries – tumbled to its lowest level in more than five years, putting metals and mining stocks on thin ice. Growth Fears Lead to Downward Spiral Prices of copper for March delivery slid roughly 5% to $2.51 per pound on the New York Mercantile Exchange on Wednesday, the lowest since Jul 2009. […]

Zacks Investment Research downgraded Trinseo SA ( TSE ) to a Zacks Rank #5 (Strong Sell) on Jan 14, 2015. Going by the Zacks model, companies holding a Zacks Rank #5 have strong chances of performing worse than the broader market. Why the Downgrade […]

Electric utility provider Wisconsin Energy Corp. ( WEC ) announced 3.25 cent (or 8.3%) hike in its quarterly cash dividend to 42.25 cents per share for the fourth quarter of 2014. […]

Shares of Xilinx Inc. ( XLNX ) have generated a return of 6.6% over the last three months. The company also delivered a positive earnings surprise of 12.7% in the second quarter of fiscal 2015 […]