Technicals

Should You Sell Fabrinet (FN) Before Earnings? – Tale of the Tape

Investors are always looking for stocks that are poised to beat at earnings season and Fabrinet ( FN ) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report. That is because FN is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat […]

Mergers & Acquisitions

Braeburn Pharmaceuticals expands pipeline to include two schizophrenia treatments

Braeburn Pharmaceuticals expands pipeline to include two schizophrenia treatments Braeburn acquires six-month risperidone implant from Endo Pharmaceuticals; Phase 3 clinical trial planned for 2015 Braeburn licenses rights to novel, atypical antipsychotic compound from Oncothyreon; Phase 2 clinical trial planned for 2015 PR Newswire PRINCETON, N.J., May 1, 2015 PRINCETON, N.J. , May 1, 2015 /PRNewswire/ — Braeburn Pharmaceuticals announced today that it has expanded its current therapeutic focus beyond addiction and pain to include schizophrenia and other serious psychiatric disorders. Braeburn has acquired an implantable, six-month formulation of the atypical (or second-generation) antipsychotic risperidone for treatment of schizophrenia from Endo Pharmaceuticals. […]

Stock Analysts

Aimco (AIV) Q1 FFO Improves Y/Y; 2015 Guidance Up

Apartment Investment and Management Company AIV – better known as Aimco – reported first-quarter 2015 funds from operations (“FFO”) of 51 cents per share, a cent up from the year-ago quarter figure. The company’s pro forma FFO per share came in at 52 cents per share, which scaled the higher-end of the company’s guidance and came 2 cents ahead of the prior-year quarter tally. The Zacks Consensus Estimate for the quarter was pegged at 51 cents. […]

Stock Analysts

DreamWorks Q1 Loss Narrower than Expected, Revenues Lag

DreamWorks Animation SKG Inc. ’s DWA first-quarter 2015 loss (excluding a $31.9 million pre-tax restructuring charge) of 25 cents per share was narrower than the Zacks Consensus Estimate of a loss of 49 cents. However, adjusted loss widened from but wider than the year-ago quarter’s loss of 7 cents. […]

Momentum Stocks

Bull of the Day: Merit Medical (MMSI) – Bull of the Day

Today’s Bull of the Day is an example of how you can use the time-tested performance of the Zacks Rank combined with the recent addition of the Zacks Style Score in order to find your next great stock pick. You already know that you should be looking for Zacks Rank #1 (Strong Buy) and Zacks Rank #2 (Buy) stocks to add to your portfolio. […]

Mergers & Acquisitions

Intact Financial Corporation completes acquisition of Canadian Direct Insurance Inc.

Intact Financial Corporation completes acquisition of Canadian Direct Insurance Inc. Canada NewsWire TORONTO, May 1, 2015 TORONTO , May 1, 2015 /CNW/ – Intact Financial Corporation (TSX: IFC) announced today that it has completed its acquisition of Canadian Direct Insurance Inc. (“CDI” or “Canadian Direct”), thereby extending its direct-to-consumer operations from coast to coast […]

Mergers & Acquisitions

Aethon Energy and RedBird Capital Acquire Encana’s Moneta Divide Assets

Aethon Energy and RedBird Capital Acquire Encana’s Moneta Divide Assets PR Newswire DALLAS, May 1, 2015 DALLAS , May 1, 2015 /PRNewswire/ — Aethon Energy Management LLC (“Aethon” or the “Firm”), a Dallas -based private investment firm focused on onshore oil & gas, together with its partner, RedBird Capital Partners, LLC (“RedBird”), today announced the acquisition of the Moneta Divide assets from Encana Oil & Gas ( USA ) Inc., a wholly-owned subsidiary of Encana Corporation (Encana) (TSX: ECA) (NYSE: ECA). Terms of the negotiated transaction were not disclosed. […]

Mergers & Acquisitions

Carey Watermark Investors Announces Acquisition of Select-Service Hotel in Midtown Atlanta

Carey Watermark Investors Announces Acquisition of Select-Service Hotel in Midtown Atlanta Hilton Garden Inn and Homewood Suites by Hilton dual-branded property added to portfolio PR Newswire NEW YORK, May 1, 2015 NEW YORK , May 1, 2015 /PRNewswire/ — Carey Watermark Investors Incorporated (CWI 1) announced that it has acquired the newly-built Hilton Garden Inn and Homewood Suites dual-branded hotel in Atlanta, Georgia . The select-service and extended-stay property includes a total of 228 guestrooms and is located in Midtown Atlanta. Key Facts High quality hotel property: The Hilton Garden Inn and Homewood Suites Midtown Atlanta was built in 2013 to the highest standards of the Hilton brand. […]