Keurig Green Mountain Inc. GMCR has entered into a merger agreement and agreed to sell itself to an investor group led by JAB Holding Company (‘JAB’), a Luxembourg based private company, for $13.9 billion. Shares of Keurig surged 72% following the announcement of the deal […]
E-commerce giant Amazon.com Inc. AMZN launched the Reader’s Edition of its Fire HD 8 tablet. The tablet is priced at $249.99 […]
H&R Block Inc . HRB reported loss from continuing operations of 51 cents per share for fiscal second-quarter 2016, ended Oct 31, wider than the Zacks Consensus Estimate of a loss of 49 cents. The loss was also wider than 45 cents incurred in the year-ago quarter on higher expenses […]
General Electric Company GE recently announced that it has scraped the deal to sell its electronics appliance unit to Swedish premier electronics manufacturer Electrolux AB ELUXY . Although the company has cited no official reason for the termination of the $3.3 billion transaction in limbo, it is apparently evident that the acrimonious lawsuit filed by the U.S. […]
On Dec 7, we issued an updated research report on Beacon Roofing Supply, Inc. BECN . This distributor of roofing material in the U.S […]
While HSBC Holdings plc HSBC has been shutting down branches and trimming pay packages due to pressure from investors to reduce costs and boost profits, the bank is now planning to repackage its loans into bonds and sell them to investors in the U.S. The news was first reported by Reuters. The move will help HSBC improve investment banking profits along with shedding credit risk and arbitrage capital requirements. […]
Almost a month after announcing a buyout offer by privately-owned RF chipmaker GaAs Labs, semiconductor maker Anadigics, Inc. ANAD said that it has received acquisition proposals that might lead to a buyout offer with better terms than what GaAs Labs offered. Anadigics recently announced that it has inked a definitive merger agreement with GaAs Labs — an investment firm specializing in communications, semiconductor and related markets […]
Under Armour, Inc. UA , a leading developer, marketer and distributor of branded performance products, recently inaugurated its new distribution and warehouse facility outside Nashville in Mount Juliet, TN. The new one million square foot facility is expected to create 1,500 jobs in the area over a period of 5 years. […]
Shares of both Staples, Inc. SPLS and Office Depot, Inc. ODP plunged 13.8% and 15.8%, respectively, yesterday, after the Federal Trade Commission (“FTC”) filed a lawsuit to block the merger of the office-supply retailers fearing that this $6.3 billion deal would reduce competition nationwide and result in price hikes and fewer options for large corporates who usually make bulk purchases […]
PVH Corporation PVH touched a new 52-week low of $79.05 yesterday. Investors appear to be gradually losing confidence in the stock as shares of the company have declined 13.8% since its third-quarter fiscal 2015 earnings announcement on Dec 2, while year-to-date, the stock has plunged 36.2%. This designer and marketer of branded dress shirts, neckwear, sportswear, footwear and other related products disappointed investors with its lower-than-expected sales for the third straight quarter in fiscal 2015 […]
Shares of advertising services provider The Interpublic Group of Companies, Inc. IPG hit a new 52-week high of $23.66 on Dec 7, 2015, before closing the trading session a notch lower at $23.52. This translates to a healthy one-year return of 15.1% […]
Shares of Newell Rubbermaid Inc. NWL and Jarden Corp. JAH jumped 7.4% and 3.7%, respectively, after news of their merger made the rounds yesterday […]
Momo Inc. MOMO was a big mover last session, as the company saw its shares rise above 6% on the day. […]
Growth stocks can be some of the most exciting picks in the market, as these high-flyers can captivate investors’ attention, and produce big gains as well. However, these can also lead on the downside when the growth story is over, so it is important to find companies which are still seeing strong growth prospects in their businesses. One such company that might be well-positioned for future earnings growth is Carrols Restaurant Group, Inc […]
Teekay Offshore Partners LP TOO saw a big move last session, as the company’s shares fell by nearly 12% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for TOO, as the stock is now down nearly 24% since Nov 25, 2015. […]
Coeur Mining, Inc. CDE is an operator and developer of silver and gold mining properties that could be an interesting play for investors. […]
Looking for a stock that might be in a good position to beat earnings at its next report? Consider Leidos Holdings, Inc. […]
Sturm, Ruger & Co. Inc. RGR was a big mover last session, as the company saw its shares rise nearly 6% on the day. […]
Growth stocks can be some of the most exciting picks in the market, as these high-flyers can captivate investors’ attention, and produce big gains as well. However, these can also lead on the downside when the growth story is over, so it is important to find companies which are still seeing strong growth prospects in their businesses. […]
Growth stocks can be some of the most exciting picks in the market, as these high-flyers can captivate investors’ attention, and produce big gains as well. However, these can also lead on the downside when the growth story is over, so it is important to find companies which are still seeing strong growth prospects in their businesses. One such company that might be well-positioned for future earnings growth is VASCO Data Security International Inc. […]
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