Technicals

Aeropostale (ARO): Moving Average Crossover Alert – Tale of the Tape

Aeropostale Inc ( ARO ) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for ARO broke out below the 200 Day Simple Moving Average, suggesting short-term bearishness. This has already started to take place, as the stock has moved lower by 39.3% in the past four weeks […]

Technicals

Brown-Forman (BF.B) Q4 Earnings in Line, Guides FY16 – Tale of the Tape

Brown-Forman Corporation ( BF-B ), the world’s leading producer and distributor of premium alcoholic beverages, came out with fourth-quarter fiscal 2015 results, wherein adjusted earnings of 66 cents a share came in line with the Zacks Consensus Estimate of 66 cents and jumped 6.5% year over year. Despite a mixed international outlook, the company expects its strength across all regions to sustain in fiscal 2016, where it anticipates a 6%- 7% growth in underlying sales. Earnings Estimate Revision: The Zacks Consensus Estimate for fiscal 2015 has been unchanged in the last 30 days. […]

Technicals

New Strong Buy Stocks for June 3rd – Tale of the Tape

Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List today: Box Ships Inc ( TEU ) Destination XL Group Inc ( DXLG ) Inter Parfums, Inc ( IPAR ) Ship Finance International Limited ( SFL ) UGI Corp ( UGI ) View the entire Zacks Rank #1 List . Want the latest recommendations from Zacks Investment Research? […]

Technicals

New Strong Sell Stocks for June 3rd – Tale of the Tape

Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today: Abaxis Inc ( ABAX ) Alon USA Partners LP ( ALDW ) Brookfield Canada Office Properties ( BOXC ) Cabot Corp ( CBT ) Columbus McKinnon Corp. ( CMCO ) View the entire Zacks Rank #5 List . Want the latest recommendations from Zacks Investment Research […]

Mergers & Acquisitions

Lang Realty Announces Acquisition of CityStyle Realty in Downtown West Palm Beach

Lang Realty Announces Acquisition of CityStyle Realty in Downtown West Palm Beach PR Newswire WEST PALM BEACH, Fla., June 3, 2015 WEST PALM BEACH, Fla. , June 3, 2015 /PRNewswire/ — Lang Realty, one of the dominant real estate companies in South Florida ( www.langrealty.com ), proudly announced that it has purchased CityStyle Realty in West Palm Beach from The Kolter Group. The office will operate under the name Lang Realty of Downtown West Palm Beach and is located at 701 S […]

Mergers & Acquisitions

IBM Acquires Blue Box to Accelerate Open Hybrid Clouds

IBM Acquires Blue Box to Accelerate Open Hybrid Clouds Blue Box strengthens IBM Cloud leadership position in private and hybrid clouds; simplifies running private clouds using OpenStack-based solutions PR Newswire ARMONK, N.Y., June 3, 2015 ARMONK, N.Y. , June 3, 2015 /PRNewswire/ — IBM (NYSE: IBM ) today announced it has acquired Blue Box Group, Inc. […]

Stock Analysts

Ascena Q3 Earnings and Sales Miss, Retains FY15 Outlook

Ascena Retail Group Inc. ASNA reported third-quarter fiscal 2015 adjusted earnings from continuing operations of 18 cents per share. Earnings were a penny short of the Zacks Consensus Estimate and down about 33% from 27 cents earned in the prior-year quarter due to soft performance at the company’s Justice and dressbarn brands. […]

Stock Analysts

G-III Apparel Beats Q1 Earnings Estimates; Ups Outlook

G-III Apparel Group, Ltd. GIII posted first-quarter fiscal 2016 earnings per share of 15 cents that fared significantly better than the Zacks Consensus Estimate of 7 cents as well as the prior-year quarter figure of 3 cents. The company’s impressive performance was enough to drive shares up 7.1% during after-market trading hours yesterday. […]

Mergers & Acquisitions

CEOWorld Magazine and WardrobeTrendsFashion Strategic Partnership Announcement

CEOWorld Magazine and WardrobeTrendsFashion Strategic Partnership Announcement PR Newswire SINGAPORE, June 3, 2015 SINGAPORE , June 3, 2015 /PRNewswire-iReach/ — New York , US, 5 June 2015 – World’s leading business and technology magazine, CEOWorld Magazine , and Asia’s high fashion and luxury online portal, WardrobeTrendsFashion , announce the launch of their new strategic partnership. Photo – http://photos.prnewswire.com/prnh/20150603/220461 This partnership allows both portals to cross-offer their audiences – CEOs, strategic decision makers, and high-level executives – with fresh international business and luxury content from other continents that they would find interesting and relatable. Both portals based in different continents in the world, CEOWorld magazine in United States and Cyprus , and WardrobeTrendsFashion in Singapore for the Asia-Pacific region, builds a bridge for their audience to follow the international developments in a fast changing business and luxury environment across the globe […]