Month: March 2015

Ushering in good news for its 1515 Broadway property, SL Green Realty Corp. SLG disclosed the signing of a 2,113-square feet lease for a Times Square store at its ground floor. Inked with the watches and jewelry maker Swatch, the deal also completed the lease-up of the retail space at this property. […]

Shares of cosmetics company Estee Lauder Inc. EL hit a new 52-week high of $83.47 on Mar 2 on the back of solid second-quarter fiscal 2015 results and growing optimism around the prestige beauty category. Strong Second-Quarter Performance On Feb 5, 2015 Estee Lauder posted robust second-quarter fiscal 2015 results, wherein both earnings and revenues surpassed the Zacks Consensus Estimate […]

Shares of home furnishing retailer, Lumber Liquidators Holdings, Inc. LL plunged 25.1% yesterday after a news report on 60 Minutes accused the company of selling toxic flooring products. […]

We expect The Kroger Co. KR , one of the largest grocery retailers, to beat expectations when it reports fourth-quarter fiscal 2014 results on Mar 5, 2015. In the last quarter, the company had posted a positive earnings surprise of 13.1% […]

Shares of PPG Industries Inc. PPG touched a new 52-week high of $237.75 on Mar 2, 2015, surpassing its previous high of $237.41 registered on Feb 25, 2015, and eventually closing the day a notch lower at $237.70. The coatings company, with a market cap of roughly $32.3 billion, has seen its shares rise around 22% over the past one year […]

Housing data released this year has been rather soft due to severe winter conditions which seasonally slow down construction activity at the beginning of the year. Housing starts slipped 2% in January from the prior month to an annualized rate of 1.065 million units. Building permits, a gauge of future construction, also declined 0.7% […]

Shares of Omnicom Group Inc. OMC scaled a new 52-week high of $80.98 during yesterday’s trading session, before closing a notch lower at $80.52. Omnicom’s share prices have been on an uptrend since it reported impressive fourth-quarter 2014 earnings results in February this year. […]

Trex Co. Inc. […]

Investors remained quite bearish in the last five trading days despite a number of orders coming in from the U.S. Navy. […]

Costco Wholesale Corporation COST is slated to report second-quarter fiscal 2015 results on Mar 5. In the last quarter, the company had delivered a positive earnings surprise of 2.8%. […]

Shares of healthcare service provider Cardinal Health Inc. CAH hit a 52-week high of $90.49 on Mar 2, 2015, after the company announced plans to acquire Cordis, a unit of Johnson & Johnson JNJ for approximately $1.944 billion in cash ($1.594 billion net of tax benefits). Share prices eventually closed lower at $89.52, up 25.24% over the last one year […]

Canadian Solar Inc. CSIQ will release fourth-quarter 2014 financial results before the opening bell on Mar 5, 2015. […]

Echoes of the dot-com boom could be heard yesterday after the Nasdaq closed above 5,000 for the first time in 15 years. Though GDP numbers remained below par, the index moved upward, riding on a deal among chipmakers. […]