Stock Analysts

Wells Fargo (WFC) Seeking to Expand Insurance Presence?

Wells Fargo & Company WFC is likely to expand its insurance business, in an effort to boost revenues as low interest rates weigh on the banking giant’s lending business. The company has recruited over 50 officials to the insurance division in recent months. The hiring comes in line with the company’s plan to “increase cross-sell, attract new business, enhance customer service and leverage industry expertise.” The hiring includes several key positions including business development officers, national practice managers and market leaders […]

Stock Analysts

Hulu Buys Seinfeld Streaming Rights for $180 Million

At its Upfront Presentation, Hulu announced that it has acquired the online streaming rights for all the seasons of the hugely popular 90’s sitcom Seinfeld from Sony Corporation. Though the terms weren’t disclosed, sources estimate the deal to be as high as $180 million, which in turn values a single episode close to a whopping $1 million. The development follows rival Netflix Inc’s NFLX purchase of streaming video on demand (SVOD) rights for another extremely successful sitcom Friends , last year, from Warner Bros, a unit of Time Warner Inc […]

Stock Analysts

PPG Industries Unveils Olympic ONE Color Changing Paint

PPG Industries Inc. ’s PPG OLYMPIC Paint and Stain brand was redefined with the launch of its new color changing two-in-one ceiling paint cum primer. This unique paint is pink in color when applied, but eventually dries white, thereby helping homeowners to easily locate covered as well as left out spots on the ceilings […]

Stock Analysts

Can Changes at Kellogg’s Top Management Turn It Around?

Kellogg Company K recently announced a couple of leadership changes in its struggling North American business in an attempt to instigate some growth in the segment. Paul Norman has been appointed the President of the North America segment. Norman was, until now, serving as Kellogg's Chief Growth Officer and led the U.S. […]

Stock Analysts

Republic Services Well Poised to Achieve 2015 Set Goals

Premier waste management firm Republic Services, Inc. RSG remains well poised to continue its growth momentum in 2015 after it started the year on a positive note with a healthy earnings beat in the first quarter. The company is committed to its long-term strategy, which involves the maintenance of a healthy cash flow and a disciplined approach to cash utilization. […]