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. […]
Principal Financial Group Inc. PFG saw a big move last session, as the company’s shares fell by over 5% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session […]
Shares of independent energy company Southwestern Energy Company SWN slipped about 7.6% on the NYSE to touch a 52-week low of $8.15 on Dec 3, 2015. The stock finally closed a tad higher at $8.19. […]
Brown Gibbons Lang & Company (BGL) Facilitates Salinas Valley Memorial Healthcare System’s Acquisition of PrimeCare PR Newswire CHICAGO, Dec. 4, 2015 CHICAGO , Dec. […]
Dyax Corp. DYAX was a big mover last session with its shares rising over 12% on the day. The upside was owing to the company’s announcement that the U.S […]
AUDI AG, BMW Group and Daimler AG successfully concluded acquisition of Nokia’s digital mapping and location business HERE PR Newswire BERLIN, INGOLSTADT, MUNICH and STUTTGART, Germany, Dec. 4, 2015 BERLIN , INGOLSTADT, MUNICH and STUTTGART, Germany , Dec. […]
WellSpring Pharmaceutical Corporation acquires FDS, the highly trusted feminine hygiene brand, from Inspired Beauty Brands, Inc. PR Newswire SARASOTA, Fla., Dec. 4, 2015 SARASOTA, Fla. […]
Vertical / Trigen Holdings, LLC and Osmotica Holdings Corp Limited to Combine, Creating World-Class, Fully-Integrated Specialty Pharmaceuticals Company PR Newswire SAYREVILLE, N.J. and MARIETTA, Ga., Dec. […]
Norfolk Southern Board Of Directors Unanimously Rejects Unsolicited Indication Of Interest From Canadian Pacific Canadian Pacific’s Indication of Interest is Grossly Inadequate and Not in the Best Interests of Norfolk Southern and Its Shareholders Transaction Would Face Substantial Regulatory Risks and Uncertainties Highly Unlikely to Be Overcome Norfolk Southern Confident That Its Strategic Plan Will Deliver Compelling Shareholder Value Company to Host Conference Call at 8:30 am ET Today PR Newswire NORFOLK, Va., Dec. 4, 2015 NORFOLK, Va. , Dec. […]
Motor Car Parts of America, Inc. ( MPAA ) is seeing record sales as America’s auto fleet ages and needs repair. […]
Parker Drilling Company ( PKD ) has battened down the hatches for 2015 and 2016 as crude prices continue to be weak. This Zacks Rank #5 (Strong Sell) isn’t expected to be profitable either this year or next. Parker Drilling offers drilling services and rental tools to the energy industry […]
Premium industrial metals & minerals company Rio Tinto plc RIO recently revealed its discovery of the largest diamond ever found in Canada. Despite the challenging sub-arctic environment of the country, the company managed to unearth the two-billion year old rare gem with its mining expertise, modern excavating technology and skilled workforce. Found in the company’s Diavik Diamond Mine, the diamond weighs 187.7 carat and is named ‘The Diavik Foxfire’. […]
Synovus Financial Corporation SNV is raising $250 million in capital through the issuance of fixed-to-floating rate subordinated notes. Notably, the company plans to utilize the proceeds to meet near-term debt obligations, and fund potential acquisitions as well as share buybacks. […]
Premium diversified machinery company Nordson Corporation ’s NDSN business unit, Nordson EFD, which manufactures precision fluid-dispensing systems, recently launched Unity HiTemp syringe barrels in the market. These 30cc barrels would serve to lower downtime as well as maintenance expenses that are commonly experienced in aluminum barrels widely used in pneumatic dispensing systems for hot molten adhesives. […]
As part of its strategy to shrink continental European operations, Barclays PLC BCS is divesting its Italian retail operations to Italy-based Mediobanca SpA’s retail bank, CheBanca! The financial terms of the deal were not disclosed. Deal Details & Implications The transaction comprises Barclays’ 89 branches with 220,000 clients and 620 staff. The deal also includes residential mortgage loans worth €2.9 billion. […]
Canadian miner Teck Resources Inc. TCK in a recent Global Metal and Mining conference revealed plans of how the company intends to deal with the persistently weak coal industry fundamentals. Amid weakening demand for the fossil fuel, the company aims to conserve capital and reduce operating expenses […]
Yesterday, shares of Groupon, Inc . GRPN surged over 7% as investors reacted postively to the company's Thanksgiving weekend sales data. As per the blog post from newly elected CEO Rich Williams, for the four-day weekend, billing across North America improved 41% year over year while customers purchased 52% more Groupons […]
Baxalta Incorporated BXLT announced that the European Medicines Agency’s Committee for Medicinal Products for Human Use (CHMP) has rendered a positive opinion licensing the production of HyQvia and Gammagard Liquid 10% (marketed as Kiovig outside the U.S. and Canada) in the EU through the company’s manufacturing services agreement with Netherlands-based Stichting Sanquin Bloedvoorziening (Sanquin Blood Supply Foundation). With the CHMP issuing a favorable opinion, Sanquin will now be able to process plasma supplied by Baxalta into bulk material for HyQvia and Gammagard Liquid 10% for the markets in the EU, Iceland and Norway. […]
Chesapeake Energy Corporation CHK announced the commencement of private offers to refinance existing senior unsecured notes worth $1.5 billion aggregate principal amount with its new 8.00% Senior Secured Second Lien Notes due 2022. The exchange offer will expire on Dec 30, 2015. […]
U.S. light-vehicle sales went up 1.2% year over year to 1.3 million units in Nov 2015. Most automakers reported sales growth although sales volume in Nov 2014 was quite strong and there were two less selling days in Nov 2015 compared to Nov 2014. […]
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