Month: December 2015

Red Robin Gourmet Burgers, Inc. RRGB , a casual dinning restaurant company, introduced the new Wedgie Burger right in time for New Year celebrations. […]

Manitex International, Inc. MNTX has raked in net $6.2 million by divesting its Load King subsidiary to Utility One Source. […]

Carnival Corporation & plc CCL entered into a memo of agreement with Italian shipbuilder, Fincantieri S.p.A., to build four cruise ships. The final contracts are expected to be executed in 2016. Including the latest agreement, Carnival Corporation has to deliver 17 ships between 2016 and 2020 […]

A dominant position among the nation’s largest grocery retailers enables The Kroger Co. KR to expand its store base and boost market share through product launches. The company’s strong corporate and national brands have helped garner customers’ loyalty. […]

On Dec 29, 2015, Zacks Investment Research upgraded New Jersey-based Ascena Retail Group Inc. ASNA , to a Zacks Rank #1 (Strong Buy). Why the Upgrade? […]

Range Resources Corporation RRC announced the completion of the sale of its Nora assets. Range Resources raised total proceeds of $865 million, after purchase price adjustments based upon an effective date of Nov 1. Nora operations for the full fourth quarter of 2015 will be included by the company […]

According to a recent report by Engadget, U.S. telecom behemoth AT&T, Inc. T will discontinue its policy of subsidizing phones for new customers by doing away with two-year service contracts, effective Jan 8, 2016. […]

On Dec 30, 2015, we issued an updated research report on chemicals and polymers maker LyondellBasell Industries LYB . LyondellBasell continues to benefit from the favorable North American natural gas environment and is executing its expansion projects to leverage the U.S. […]

On Dec 29, 2015, we issued an updated research report on CarMax Inc. KMX . Going forward, this auto retailer of used and new vehicles will continue to benefit from its aggressive store expansion and share repurchase strategies. […]

On Dec 30, 2015, we issued an updated research report on fertilizer company Potash Corp. POT . Potash Corp […]

In a notable development, Terreno Realty Corp. TRNO announced the acquisition of an industrial property in Union City, CA. Valued at around $37.3 million, this buyout is consistent with this industrial real estate investment trust’s (“REIT”) strategy of enhancing its industrial property portfolio in the major U.S. […]

Dr. Reddy's Laboratories Ltd. RDY announced that it has re-launched esomeprazole magnesium delayed-release capsules, the generic version of AstraZeneca PLC’s AZN Nexium, in the U.S […]

Shares of UDR Inc. UDR touched a new 52-week high of $38.07 on Dec 30, before closing the trading session marginally lower at $37.76. This reflects a solid year-to-date return of over 26% for this residential real estate investment trust (REIT). […]

On Dec 30, we issued an updated research report on Toll Brothers Inc. TOL . On Dec 8, 2015, Toll Brothers reported earnings results for the fourth quarter of fiscal 2015. […]

Chipotle Mexican Grill, Inc. CMG was once the apple of every investor’s eye with revenues exhibiting a phenomenal CAGR of more than 23%, since going public, supported by solid comparable restaurant sales (comps) growth. However, Wall Street’s favorite fell from grace toward 2015-end, as a slew of E. […]

Leading financial services company PRA Group, Inc. PRAA recently raised its domestic revolving credit commitments by $125 million to $725 million. The increase in credit facility is expected to strengthen the company’s financial base and help it undertake strategic investments […]

Manufacturer of X-ray equipment and related technologies, American Science & Engineering Inc. ASEI , recently disclosed the most high-profile seizures of illegal items worth millions of dollars in 2015. […]

Boston Beer Co. Inc. SAM is facing a tough time due to troubles at its Samuel Adams brand, which has been up against severe competition from other brewers that are entering the craft beer market […]