Month: May 2015

Stock Analysts

Gasoline Prices Set to Fall: 3 Travel Stocks to Buy Now

May 27, 2015 0

Crude prices have dropped sharply over the past year with many analysts believing that the commodity will fall further before mounting a real recovery. From about $105 per barrel last July to around $60 now – sinking in between to a 6-year low of under $44 recently – the plummeting value of oil represents a decline of more than 50% over nine months. What’s more, in the absence of major production cuts from OPEC, the effects of booming shale supplies in North America and a stagnant European economy, we do not expect much upside in the commodity’s prices in the near term […]

Stock Analysts

Companhia Brasileira Hits 52-Week Low on Weak Q1 Comps

May 27, 2015 0

Shares of Companhia Brasileira de Distribuicao CBD dropped to a 52-week low of $27.58 on May 27 after the company reported sluggish results in the first quarter of 2015 on May 7. In fact, share price of this Brazilian retailer has been losing momentum since then and eventually closed at $27.62 on May 27. […]

Economic Data

Fed-centric Worries Pervade? – Ahead of Wall Street

May 27, 2015 0

Wednesday, May 27, 2015 With not much on the data front this morning, stocks today will likely be reflecting Greece-related noise and Fed-centric worries. The major indexes appear on track to start today’s session in the green after the big Tuesday sell-off which followed many days of strong gains that pushed stocks into all-time record territory. The Greece story simply refuses to go away… the country has a big payment due to the IMF next week (June 5th) and it is believed to be out of cash to make the payment unless it closes the deal with Germany and the rest of its creditors before then […]

Economic Data

Markets Appears To Be On Track To Start In The Green – Economic Highlights

May 27, 2015 0

With not much on the data front this morning, stocks today will likely be reflecting Greece-related noise and Fed-centric worries. The major indexes appear on track to start today’s session in the green after the big Tuesday sell-off which followed many days of strong gains that pushed stocks into all-time record territory. The Greece story simply refuses to go away… the country has a big payment due to the IMF next week (June 5th) and it is believed to be out of cash to make the payment unless it closes the deal with Germany and the rest of its creditors before then. […]

Mergers & Acquisitions

Acquisition of Web4 Elevates Neudesic as a Key Provider of Human Capital Management Solutions

May 27, 2015 0

Acquisition of Web4 Elevates Neudesic as a Key Provider of Human Capital Management Solutions Web4’s HRadvocate and eReview products further strengthen Neudesic’s ability to deliver solutions that drive employee engagement and productivity PR Newswire IRVINE, Calif., May 27, 2015 IRVINE, Calif. , May 27, 2015 /PRNewswire/ — Today, Neudesic announced the acquisition of Anaheim, Calif. -based Web4, a leading provider of ECM, HR and collaboration products and solutions, including HR advocate , which streamlines HR processes, and eReview, which allows users to simultaneously view and annotate multiple documents […]

Mergers & Acquisitions

EventaGlobal Acquires GroupOnomics, Targets Wholesale Change in Hotel/Meetings Transaction Chain and Rebrands as Groups360

May 27, 2015 0

EventaGlobal Acquires GroupOnomics, Targets Wholesale Change in Hotel/Meetings Transaction Chain and Rebrands as Groups360 Company introduces GroupSync, an industry-first search engine PR Newswire NASHVILLE, Tenn., May 27, 2015 NASHVILLE, Tenn. , May 27, 2015 /PRNewswire/ — EventaGlobal has acquired GroupOnomics, the nation’s largest groups transaction database, and rebranded as Groups360, signifying the company’s ability to work with both hotels and meeting planners. The combined management team, with more than 100 years of hospitality experience, solves problems in the hotel/meetings transaction chain that cost the industry billions of dollars. […]

Technicals

Michael Kors (KORS) Tops on Q4 Earnings, Gives Soft Outlook – Tale of the Tape

May 27, 2015 0

Michael Kors Holdings Limited ( KORS ), a global luxury lifestyle company, came out with fourth-quarter fiscal 2015 results, wherein earnings of 96 cents per share beat the Zacks Consensus Estimate of 90 cents, and surged from 78 cents in the prior-year quarter. Management now projects first-quarter fiscal 2016 earnings in the range of 74 cents to 78 cents a share, which falls short of the current Zacks Consensus Estimate of $1.03 per share. Earnings Estimate Revision: The Zacks Consensus Estimate for fiscal 2015 has been portraying a downtrend in the last 30 days. […]

Technicals

Will Attunity (ATTU) Continue to Surge Higher? – Tale of the Tape

May 27, 2015 0

Attunity Ltd ( ATTU ) has been on the move lately as the stock has risen by 26.6% in the past four weeks, and it is currently trading well above its 20-Day SMA. This is a pretty solid move higher, but the question that has to be on investors’ minds right now is; can this trend continue? While there can be no telling for sure, it is certainly encouraging that earnings estimates have risen in the past few weeks on the company, suggesting that sentiment on ATTU is moving in the right direction […]

Technicals

New Strong Buy Stocks for May 27th – Tale of the Tape

May 27, 2015 0

Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List today: Brocade Communications Systems, Inc. ( BRCD ) CARDIOME PHARMA CORP ( CRME ) Cascade Bancorp ( CACB ) CoStar Group Inc ( CSGP ) Fox Factory Holding Corp ( FOXF ) View the entire Zacks Rank #1 List . Want the latest recommendations from Zacks Investment Research […]

Mergers & Acquisitions

Great Panther Completes Acquisition of Cangold

May 27, 2015 0

Great Panther Completes Acquisition of Cangold PR Newswire VANCOUVER, May 27, 2015 TSX: GPR NYSE MKT: GPL VANCOUVER , May 27, 2015 /PRNewswire/ – GREAT PANTHER SILVER LIMITED (TSX: GPR) (NYSE MKT: GPL) (“Great Panther”) and Cangold Limited (TSX-V: CLD) (“Cangold”) are pleased to announce the completion of the previously announced plan of arrangement (the “Arrangement”) pursuant to which Great Panther has acquired all of the issued and outstanding common shares of Cangold (“Cangold Shares”). Cangold is now a wholly-owned subsidiary of Great Panther. […]

Mergers & Acquisitions

Lightcollar, Inc and Ems Factory, Inc enter into a definite merger agreement to launch Ems Find, on-demand mobile medical transportation platform

May 27, 2015 0

Lightcollar, Inc and Ems Factory, Inc enter into a definite merger agreement to launch Ems Find, on-demand mobile medical transportation platform PR Newswire PHILADELPHIA, May 27, 2015 PHILADELPHIA , May 27, 2015 /PRNewswire/ — Ems Find, Inc (f/k/a Lightcollar, Inc) (OTCQB: EMSF), a Nevada Corporation and Ems Factory, Inc., Philadelphia based healthcare provider focusing on providing medical transportation, developing and marketing on-demand mobile applications, healthcare consulting services, hereby announce that they have entered into definitive merger of their respective companies, which was formally signed on March 31, 2015 . The newly merged company has changed its name to Ems Find, Inc in connection with the transaction to reflect the combined companies business going forward. […]

Stock Analysts

Spirit Airlines (SAVE) to Connect Los Angeles & Oakland

May 27, 2015 0

Spirit Airlines SAVE plans to flag off non-stop flights between Los Angeles International Airport (LAX) and Oakland International Airport (OAK), starting Nov 12, 2015. Under this latest plan, the company will operate one morning and one evening non-stop flight on a daily basis. With the launch of this service, travelers from Los Angeles will able to save time by skipping the four-hour road journey to San Francisco. […]