Economic Data

Markets To Open Modestly In Red – Economic Highlights

Stocks are indicated to start today’s session modestly in the red, likely a reaction to fresh headlines about Greece. But the market’s primary preoccupation lately has been the Fed and it has been trying to handicap the central bank’s next move through incoming economic data. Monday’s factory sector ISM survey gave us a good start to May data following a somewhat mixed showing in April […]

Technicals

Five9 (FIVN): An Off-the-Radar Potential Winner – Tale of the Tape

It commonly happens in stock investing that investors miss the chance of buying winning stocks that they knew would stand out. Before they take the plunge, others get to know the hidden potential and enter into these stocks, pushing them out of reach. So, instead of repenting, spotting the off-the-radar potential winners and immediately investing in them could be a smart decision […]

Technicals

Looking for a Growth Stock? Why It is Time to Focus on MiMedx (MDXG) – Tale of the Tape

Growth stocks can be some of the most exciting picks in the market, as these high-flyers can captivate investors’ attention, and produce big gains as well. However, these can also lead on the downside when the growth story is over, so it is important to find companies which are still seeing strong growth prospects in their businesses. One such company that might be well-positioned for future earnings growth is MiMedx Group, Inc […]

Technicals

Oncothyreon Inc (ONTY) in Focus: Stock Surges 15.8% – Tale of the Tape

Oncothyreon Inc ( ONTY ) was a big mover last session, as the company saw its shares surge nearly 16% on the day. Shares rallied after the company presented positive data on its HER2-positive metastatic breast cancer treatment candidate ONT-380 at this year's annual American Society of Clinical Oncology conference in Chicago. ONT-380 was found successful in reducing tumors in patients who no longer responded to other treatments […]

Mergers & Acquisitions

American Industrial Partners Acquires Fasteners Division From Anixter International Inc.

American Industrial Partners Acquires Fasteners Division From Anixter International Inc. PR Newswire NEW YORK, June 2, 2015 NEW YORK , June 2, 2015 /PRNewswire/ — American Industrial Partners (“AIP”), a middle-market private equity firm focused on acquiring and improving North American-headquartered industrial businesses, completed the acquisition of the Anixter International Inc.’s OEM Supply Fasteners division. […]

Mergers & Acquisitions

Lynden International acquires Haas Industries

Lynden International acquires Haas Industries PR Newswire SEATTLE, June 2, 2015 SEATTLE , June 2, 2015 /PRNewswire/ — Lynden International, a full-service freight forwarding and logistics company, acquired Haas Industries on June 1 to enhance its network and services throughout the Lower 48 and Canada . The acquisition strengthens Lynden’s capabilities for home delivery, trade show, and specialized delivery services within those markets. ” Lynden and Haas are a great fit and the combination of our two companies will allow us to continue building our domestic service portfolio. […]

Stock Analysts

GE Offers Fuel Card Program with WEX Collaboration

GE Capital Transportation Finance, a unit of General Electric Company GE , recently announced an over-the-road (OTR) fuel card program in collaboration with WEX Inc WEX – a provider of corporate payment solutions for OTR trucking companies. The newly co-branded OTR fuel card offers industry-leading controls, fraud reduction, level III reporting and fuel savings throughout the fleet one network. The strategic move by the company is aimed to help customers control and manage their fleet expenses in an effective manner. […]

Stock Analysts

What Makes Companhia Brasileira de Distribuicao a Sell?

On Jun 1, 2015, Zacks Investment Research downgraded Companhia Brasileira de Distribuicao CBD to a Zacks Rank #4 (Sell) from a Zacks Rank #3 (Hold) after the company reported sluggish results in the first quarter of 2015 on May 7. Going by the Zacks model, companies holding a Zacks Rank #4 are likely to underperform in comparison to the broader market. Sluggish First Quarter Results Companhia Brasileirade Distribuicao reported a year-over-year decline in profit and sales in the first quarter of 2015, mainly due to a weak economic scenario in Brazil. […]

Stock Analysts

Merck’s Keytruda under Priority Review for Lung Cancer

Merck’s MRK supplemental Biologics License Application (sBLA) for its anti-PD-1 therapy, Keytruda has been accepted for priority review by the FDA. The company is looking to expand the label into the treatment of patients with advanced non-small cell lung cancer (NSCLC) whose disease has progressed on or after platinum-containing chemotherapy and an FDA-approved therapy for EGFR or ALK genomic tumor aberrations, if present. […]