Month: June 2015

Stock Analysts

Lennar Gains on Q2 Earnings & Revenue Beat, Margins Soft

June 25, 2015 0

Shares of Lennar Corporation LEN gained 4.20% on Jun 24, as the homebuilding company performed impressively and beat expectations on both counts for the second time in fiscal 2015, despite soft margins. Lennar’s second-quarter 2015 adjusted earnings of 79 cents per share beat the Zacks Consensus Estimate of 65 cents by 21.5%. […]

Stock Analysts

Honeywell & Intel Team Up to Secure IoT, Critical Systems

June 25, 2015 0

Honeywell Process Solutions (“HPS”), a part of Honeywell International Inc. HON , teamed up with Intel Corporation’s INTC Security division, in order to fortify the security of critical industrial infrastructure and the Industrial Internet of Things (IIoT). The alliance will merge Intel Security’s leading-edge cyber security technology with Honeywell’s distinctive industrial process domain expertise, delivering customized security solutions for the industrial space. […]

Stock Analysts

Ericsson Sacks 1,700 in Sweden; Costs Savings in Focus

June 25, 2015 0

Ericsson ERIC , the leading telecommunications company, is taking its previously announced cost saving initiatives to the next level by accelerating its headcount reduction initiative in Sweden. With this, the company is sticking to its goal of targeting savings of around SEK 9 billion in 2017. As a matter of fact, Ericsson gave the green signal to its cost and efficiency program in March 2015. […]

Technicals

Why Ligand Pharmaceuticals (LGND) Could Be Positioned for a Surge? – Tale of the Tape

June 25, 2015 0

Ligand Pharmaceuticals Incorporated ( LGND ) is a biotechnology company that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well. These positive earnings estimate revisions suggest that analysts are becoming more optimistic on LGND’s earnings for the coming quarter and year. […]

Technicals

New Strong Sell Stocks for June 25th – Tale of the Tape

June 25, 2015 0

Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today: Abengoa Yield PLC ( ABY ) American Airlines Group Inc ( AAL ) Corrections Corp Of America ( CXW ) Fiat Chrysler Automobiles NV ( FCAU ) Genesee & Wyoming Inc ( GWR ) View the entire Zacks Rank #5 List . Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days […]

Technicals

Turtle Beach Corporation (HEAR) Catches Eye: Stock Up 34.6% – Tale of the Tape

June 25, 2015 0

Turtle Beach Corporation ( HEAR ) was a big mover last session, as the company saw its shares rise nearly 35% on the day. The upside came after the company announced that it has partnered with AuDConnex in order to strengthen its channel and distribution strategy for HyperSound Clear. The news led to far more shares changing hands than in a normal session, breaking the recent trend of the company, as the stock is now trading above the volatile price range of $1.76 to $2.13 over the past one-month time frame […]

Stock Analysts

Q1 GDP Shrinks at Slower Pace: 4 Stock Choices

June 25, 2015 0

The final first quarter GDP reading showed that the economy contracted in the first quarter at a slower pace than previously estimated. According to the “third estimate” of the Bureau of Economic Analysis (BEA), the economy contracted at an annual rate of 0.2% in the first quarter, in line with the consensus estimate and compared favorably with “second estimate” of a 0.7% decline. […]

Stock Analysts

3 Stocks at 52-Week Highs Still Worth Buying

June 25, 2015 0

The Federal Reserve’s June 2015 Federal Open Market Committee (“FOMC”) meeting has given a boost to the already optimistic market sentiments. The key driver was the Fed’s assurance on at least one interest rate hike before the current year ends. […]