Stock Analysts

Should Ingersoll-Rand (IR) Be in Your Portfolio Now?

On Jun 30, Zacks Investment Research upgraded industrial goods manufacturer Ingersoll-Rand Plc IR to a Zacks Rank #2 (Buy) from a Zacks Rank #3 (Hold) primarily on the back of improving fundamentals. Ingersoll-Rand shares are currently trading at a forward P/E of 18.0x with long-term earnings growth expectation of 12.4%, which reflects its inherent growth potential. Why the Upgrade […]

Mergers & Acquisitions

First National Bankers Bank Announces Signing of a Definitive Agreement to Acquire Independent Bankers’ Bank of Florida

First National Bankers Bank Announces Signing of a Definitive Agreement to Acquire Independent Bankers’ Bank of Florida PR Newswire BATON ROUGE, La., June 30, 2015 BATON ROUGE, La. , June 30, 2015 /PRNewswire/ — First National Bankers Bank (“FNBB”) announced today that it has entered into a definitive agreement to acquire Independent Bankers’ Bank of Florida (“IBBF”), Lake Mary , Florida. […]

Economic Data

Deadline for Greece… Also Iran – Ahead of Wall Street

Tuesday, June 30, 2015 Greece has defaulted on its loan to the IMF, but hopes of a last-minute deal remain alive. And it is these hopes and rumors of a potential deal that appear to be giving markets a lift today. It isn’t easy to fully decipher the evolving Greece situation and how markets should or shouldn’t respond it […]

Technicals

How Tsakos Energy Navigation (TNP) Stock Stands Out in a Strong Industry – Tale of the Tape

One stock that might be an intriguing choice for investors right now is Tsakos Energy Navigation Limited ( TNP ). This is because this security in the Transport – Shipping space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective. This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. […]

Stock Analysts

UK Bucks Trend: 3 Stock Picks

At this moment, continental Europe, China, Japan and major Southeast Asian economies are combating multiple concerns. Among emerging markets, India is showing some promise of growth. But for the U.S., the situation remains worrisome for other developed economies. […]

Stock Analysts

Statoil Begins Production of First Elements at Johan Sverdrup

Norwegian oil giant Statoil ASA STO has commenced production of the first elements on the Johan Sverdrup project. The project came online when the machine meant for cutting steel for the riser platform jacket on the Johan Sverdrup field was started. The steel jacket will be one of the most complex structures to be built in the industry, ever. […]

Stock Analysts

Is Grexit Inevitable? 3 Stocks to Buy

Breakdown in cash-for-reform talks between Greece and its lenders over the weekend has left the country teetering on the brink of a default and a subsequent exit from the euro currency bloc. Lack of progress in Greek debt talks jolted global markets on Monday. […]