Month: November 2015

Magna International Inc. MGA recently announced that it has entered into a 50/50 joint-venture agreement with Chongqing Hongli Zhixin Automotive Parts Manufacture Co., Ltd. […]

On Nov 24, 2015, we issued an updated research report on Discovery Communications, Inc. DISCA . Discovery Communications posted positive earnings surprises in the last four quarters, with an average of 11.58% […]

Natural gas-focused energy company Questar Corp. STR announced that the Utah and Wyoming public service commissions have permitted it to add certain natural gas properties under the Wexpro II Agreement. Last December, Questar – through its affiliate Wexpro – had acquired additional interest in the Canyon Creek Unit of southwestern Wyoming’s Vermillion Basin for a consideration of about $52.7 million […]

If Thanksgiving Day celebrates nature’s bounty, Black Friday and the month thereafter is for retailers to rejoice in abundant sales. And can there be a better way to start the annual shopping bonanza than with optimism brimming in the market? […]

On Nov 26, 2015, we initiated our coverage on Chemed Corporation CHE . This Zacks Rank #2 (Buy) company delivered a strong third-quarter 2015, exceeding the Zacks Consensus Estimate of both earnings and revenues. Despite issues related to admission coding changes, we are encouraged by the strong segmental performances witnessed at the company […]

Social Commerce or as most of us understand, the “Buy Button” on social media websites is the buzzword these days with marketers swearing by it. While the transition from retail commerce to e-commerce has been gradual, that from e-commerce to social commerce is happening at a rapid pace with more and more users getting comfortable to shop with their mobile phones and while catching up with friends. Nonetheless, the share of social commerce is still relatively small (less than 1% of total e-commerce sales) according to Morgan Stanley, indicating huge scope for growth. […]

Shares of Fluidigm Corp. FLDM gained more than 5% (52 cents) to close at $10.86 on Nov 25, 2015, following the news that Time Magazine has selected the company’s Juno System as one of the top 25 inventions of 2015. Juno’s ability to pre-amplify and analyze DNA in a single step, thereby saving significant amount of time for testers, is particularly impressive. […]

European banks that are undergoing broad-based restructuring to trim global operations and become more domestic-focused, are still looking for growth opportunities in China, particularly the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone ("Qianhai"). Earlier this month, HSBC Holdings plc’s HSBC plans to enter the country’s $4-trillion bond market through a joint venture (JV) with the Chinese government hit the markets. However, while HSBC’s proposed venture still awaits regulatory approval, its rival company Credit Suisse Group AG CS has attained business permit from China Securities Regulatory Commission to launch securities brokerage services in Qianhai, and will open an outlet by early next year. […]

The week started on a disappointing note for video game stocks after videogame retailer GameStop Corp. GME posted lower-than-expected quarterly numbers. […]

Shares of Adobe Systems Inc. ADBE hit a new 52-week high of $92.50 on Nov 25, eventually closing at $91.77. […]

Brazilian integrated electric utility Companhia Paranaense de Energia ELP or COPEL recently announced that it has acquired Lot B1 from the Hydroelectric Plant Concession Contracting Auction, held a couple of days earlier. As revealed, COPEL’s generation and transmission subsidiary, Copel Geracao e Transmissao (COPEL GeT), participated in the auction that was held under the Allocation of Assured Energy and Power Quotas regime. Acquisition of Lot B1 implies that COPEL GeT will now operate the Gov. […]

In a major development, The Macerich Company MAC announced the inauguration of high-profile ArcLight Cinemas at the third level of Santa Monica Place. Opening of this glamorous cinema in the Santa Monica, CA-based retail real estate investment trust’s (“REIT”) award-winning property will likely attract more traffic to the center. […]

The Walt Disney Company DIS is having a fabulous year. Stupendous success of its movie business, theme parks and Consumer Products divisions has led to a 26% increase in the stock price so far this year. However, things don’t look so rosy at its Cable Networks division, especially at the ESPN network. […]

Regency Centers Corporation REG recently disclosed the physical settlement of its Common Stock Forward Sale Agreements with Wells Fargo Bank, National Association (“Forward Purchaser”), for approximately $186 million. The company plans to use the proceeds to lower its near-term debt obligations and meet other general corporate needs. According to the forward sale agreements, entered on Jan 14 and Jan 15 of 2015, Regency Centers consented to sell a total of 2,875,000 shares of its common stock at an offer price of $67.40 per share to the Forward Purchaser […]

On Nov 26, 2015, we issued an updated research report on California-based medical equipment manufacturer – ResMed Inc. RMD . […]

Premium wireless equipment company Ericsson ERIC recently partnered with Orange to offer economical, optimized and less complex devices as well as improved network capabilities for Cellular IoT as compared with LTE and GSM. The advanced cellular network for IoT is expected to be operational from 2017 onward. Per the Ericsson Mobility Report, IoT is a rapidly growing segment in the contemporary market that would include almost 28 billion connected devices by 2021 […]

GOL Linhas Aereas Inteligentes S.A. GOL posted a decline in air traffic for Oct 2015. […]

Black Friday is here and Americans are set to spend on the year’s busiest shopping day. We note that, from early 2000, both urban and suburban dwellers have started regarding this day as the beginning of their holiday shopping season. Eye-popping Black Friday deals are an important component to the Christmas shopping bonanza. […]

Long-Term Evolution (LTE), the most sought after next-generation (4G) super-fast wireless communications technology, is gaining rapid momentum worldwide. 4G wireless networks primarily aim to cope with the substantial rise in demand for high-speed wireless data services and mobile video. According to a recent research report published by leading trade organization 4G Americas, at present the number of LTE subscribers worldwide is around 907 million compared with 635 million at the end of first-quarter 2015. […]