Month: July 2015

Zacks Investment Research downgraded PH Glatfelter Co. GLT to a Zacks Rank #5 (Strong Sell) on Jul 4, 2015. […]

On Jul 1, DDR Corp. DDR , the Beachwood, OH-based retail real estate investment trust (“REIT”) disclosed its transactions activities for second-quarter 2015. […]

W. P. Carey Inc […]

We have issued an updated research report on Interactive Brokers Group, Inc. IBKR on Jul 3, 2015. We believe the company will continue to benefit from renewed interest of retail investors in equity markets, as evident from improvement in trading volume and client trades. […]

Chemical and advanced materials maker, Celanese Corporation CE announced that it will raise the list and off-list selling prices of several specialty chemicals. This price rise was slated to be effective Jul 2, 2015, or as contracts permit. […]

In sync with its strategy to add value to its portfolio, Washington Real Estate Investment Trust WRE recently acquired an apartment community named The Wellington for $167 million. The property, located at 1850 Columbia Pike in Arlington, VA, comprises 711 units. The Washington D.C.-based real estate investment trust (“REIT”) plans to develop around 360 additional units on the site. […]

A major management shake-up at Santander Consumer USA Holdings Inc. SC has been announced. […]

Ryland Group Inc. RYL recently unveiled a new model home, Vanderbilt, in the gated community of ManorView, Milton City, Atlanta, GA. […]

Shares of Grief Inc. GEF touched a 52-week low of $35.65 on Jul 2, before closing trade a notch higher at $35.69. Year to date, shares of this leading global producer of industrial packaging products and services have delivered a negative return of roughly 32% […]

The banking industry faced various regulatory probes from numerous authorities including the Department of Financial Services (“DFS”) in the last five trading days. Though banks are resorting to the resolution of legacy legal issues, there seems no end to these. […]

Globus Medical, Inc. GMED appears quite focused on expanding its portfolio of expandable spacers. On July 1, the musculoskeletal implant manufacturer announced the launch of RISE-L – a lateral lumbar interbody fusion (LLIF) device […]

Shares of North American food company ConAgra Foods, Inc. CAG hit a new 52-week high of $45.02 on Jul 2, 2015. The stock, however, closed the trading session slightly lower at $44.56 […]

HSBC Holdings plc HSBC is close to finalizing the buyer of its Brazilian unit put on block as part of its efforts to improve efficiency. According to a Wall Street Journal report, Brazil-based Itaú Unibanco Holding S.A. […]

Shares of Seattle, WA-based Alaska Air Group ALK gained 1.1% to reach $65.01 on Jul 2, following the release of impressive traffic results for Jun 2015. Traffic – measured in revenue passenger miles (RPMs) – came in at 2.92 billion on a consolidated basis, reflecting a year-over-year improvement of 6.9%. Furthermore, consolidated capacity (or available seat miles/ASMs) improved 7.2% to 3.37 billion […]

PPG Industries, Inc. ’s PPG protective and marine coatings business has launched the Sigma Sailadvance high-performance antifouling coatings portfolio for several operating conditions. […]

Share price of Tata Motors Limited TTM rallied 0.3% to $34.56 on Jul 1 after the automaker reported a 6% increase in total sales of its commercial and passenger vehicles, including exports, to 40,870 units in Jun 2015 from 38,574 units in Jun 2014. The year-over-year improvement was driven by better sales of Medium and Heavy Commercial Vehicle (M&HCV) and passenger cars, along with higher exports. […]

Shares of Itron, Inc. ITRI hit a new 52-week low of $33.58 on Jul 2, before closing trade a notch higher at $33.68. Moreover, the stock has tumbled over 20% year-to-date due to headwinds in Europe and currency fluctuation […]

Electronic Arts Inc. EA hit a new 52-week high of $68.48 on Jul 2, 2015, closing the session slightly lower at $67.80. The stock has gained approximately 7% over the past 30 days and is up 45.6% over the past six months […]

On Jul 3, 2015, we issued an updated research report on Laboratory Corporation of America Holdings LH , a leading independent clinical laboratory company. As the first operational quarter post the acquisition of Covance, LabCorp delivered impressive results in the first quarter of 2015 beating the Zacks Consensus Estimate on both lines. According to the company, the quarter highlighted solid organic revenue growth and operating leverage, which it expects will continue through the rest of the fiscal […]

Steel giant ArcelorMittal MT has announced the issuance of CHF 225 million (roughly $238 million) 2.50% Notes due Jul 3, 2020. The notes were issued under ArcelorMittal’s €6 billion wholesale Euro Medium Term Notes Program (EMTN). […]