Momentum Stocks

Bear of the Day: Colfax (CFX)

Earnings estimates have been falling for Colfax Corporation ( CFX ) after the company reported Q3 earnings and revenue that fell well short of expectations. The decline in consensus estimates has been strong enough to send Colfax to a Zacks Rank #5 (Strong Sell) stock, placing it in the bottom 5% of all stocks that Zacks ranks based on earnings momentum. Since I last wrote about Colfax as Bear of the Day on January 8, 2015 , shares have plunged by more than 40% […]

Momentum Stocks

Bull of the Day: Old Republic (ORI)

Old Republic International ( ORI ) recently delivered a big earnings beat, driven by solid revenue growth and improving underwriting performance. Consensus estimates have soared for both this year and next year after the report, sending the stock to a Zacks Rank #1 (Strong Buy). The valuation picture looks very reasonable for Old Republic too with shares trading at less than 13x forward earnings and just 1.4x tangible book value. […]

Mergers & Acquisitions

Entropy, the Leading Independent Provider of Proxy Advisory Services in Israel, Joins ISS in Recommending That EZchip Shareholders Vote "FOR" the Merger Agreement With Mellanox Technologies, Ltd

Entropy, the Leading Independent Provider of Proxy Advisory Services in Israel, Joins ISS in Recommending That EZchip Shareholders Vote “FOR” the Merger Agreement With Mellanox Technologies, Ltd PR Newswire YOKNEAM, Israel, November 3, 2015 YOKNEAM, Israel , November 3, 2015 /PRNewswire/ — Second Proxy Advisory Firm to Recommend a Vote ” FOR ” the Merger Proposal Entropy Agrees That the Mellanox Transaction is Beneficial to ALL EZchip Shareholders Board Urges Shareholders to Vote FOR the Merger Proposal with Mellanox EZchip Semiconductor Ltd. (“EZchip” or the “Company”) (NASDAQ: EZCH), a leader in high-performance processing solutions for carrier and data center networks, today announced that Entropy Financial Research Services Ltd. […]

Mergers & Acquisitions

E-House Announces Receipt of Revised Non-Binding "Going Private" Proposal

E-House Announces Receipt of Revised Non-Binding “Going Private” Proposal PR Newswire SHANGHAI, Nov. 3, 2015 SHANGHAI , Nov. 3, 2015 /PRNewswire-FirstCall/ — E-House ( China ) Holdings Limited (“E-House” or the “Company”) (NYSE: EJ), a leading real estate services company in China , today announced that its board of directors (the “Board”) has received a revised non-binding proposal, dated November 2, 2015 , from the consortium consisting of Mr. […]

Mergers & Acquisitions

TASER Receives Largest Body Camera Order To Date From The San Antonio Police Department

TASER Receives Largest Body Camera Order To Date From The San Antonio Police Department Agency Makes Body Cameras Standard Equipment For Officers With Order For 2200 Axon Flex Cameras On Evidence.Com PR Newswire SEATTLE, Nov. 3, 2015 SEATTLE , Nov. 3, 2015 /PRNewswire/ — TASER International (NASDAQ: TASR), the global leader in body-worn camera and evidence management technology, today announced receipt of an order for 2200 Axon Flex body cameras equipped with Axon Signal technology and a five-year subscription with three optional one-year extensions to Evidence.com by the San Antonio Police Department . […]

Mergers & Acquisitions

GEODIS Announces Completion Of OHL (Ozburn-Hessey Logistics) Deal

GEODIS Announces Completion Of OHL (Ozburn-Hessey Logistics) Deal GEODIS is pleased to announce that it has received the regulatory approvals and officially completed the acquisition of OHL (Ozburn-Hessey Logistics) based in Nashville, Tennessee (USA). OHL is one of the leading 3PL companies in the USA, with annual revenue in excess of €1.2 Billion. This acquisition is effective as of today. […]

Mergers & Acquisitions

Quanex Building Products Announces Completion Of Woodcraft Industries Acquisition

Quanex Building Products Announces Completion Of Woodcraft Industries Acquisition PR Newswire HOUSTON, Nov. 2, 2015 HOUSTON , Nov. 2, 2015 /PRNewswire/ — Quanex Building Products Corporation (NYSE:NX) (“Quanex”), a leading supplier of window and cabinet components, today announced the completion of its previously-announced acquisition of Woodcraft Industries (“Woodcraft”) […]

Mergers & Acquisitions

FFP New Hydro Acquires Red River Hydro

FFP New Hydro Acquires Red River Hydro America’s largest portfolio of new hydroelectric projects on existing dams adds a new fully-licensed project to its portfolio PR Newswire BOSTON, Nov. 2, 2015 BOSTON , Nov. 2, 2015 /PRNewswire/ — FFP New Hydro LLC announced today the continued expansion of its hydroelectric power portfolio in the US with the acquisition of Red River Hydro, the owner of a FERC Hydropower license for the Overton Lock and Dam Project, located on the Red River in Louisiana at an existing lock and dam facility owned and operated by the US Army Corps of Engineers. […]

Stock Analysts

Will Melco Crown (MPEL) Beat Earnings Estimates in Q3?

Melco Crown Entertainment Limited MPEL is slated to report third-quarter 2015 results on Nov 5, before the opening bell. The company posted a negative earnings surprise of 11.11% in the last reported quarter. In fact, Melco Crown's earnings have missed the Zacks Consensus Estimate in all the trailing four quarters and it has an average negative surprise of 15.09% […]