Month: December 2015

Starbucks Corporation SBUX recently launched Holiday Spice Flat White— a spiced up version of the popular Flat White beverage — at its stores in the U.S. and Canada. […]

Share prices of the defense majors have bobbed up and down in recent times but they had little bearing on their ability to win contracts fairly regularly. Lockheed Martin’s LMT newly acquired member, Sikorsky, has already started to contribute to the top line with a major defense contract under its belt. […]

Shares of Xilinx Inc. XLNX attained a new 52-week high of $49.88 yesterday, eventually closing at $49.69. […]

Veeva Systems Inc. VEEV is aggressively expanding its footprint in the international markets by making its Veeva OpenData available across five markets of Europe – U.K., France, Germany, Italy and Spain. Veeva OpenData provides customer data and services to all healthcare professionals (HCP), healthcare organizations (HCO) and affiliations across major life sciences markets. […]

Kinross Gold Corporation KGC declared that operations at its Paracatu mine in Brazil have resumed normal production levels after remaining suspended at both the Plant 1 and Plant 2 facilities from Nov 5, 2015 owing to insufficient rainfall. Both plants resumed full production since Nov 20 after the area witnessed an increase in seasonal rainfall. However, operations at the Santo Antonio tailings reprocessing project, slated to start production in the fourth quarter of 2015, remain temporarily suspended until the water balance is fully restored. […]

On Nov 30, we issued an updated research report on T-Mobile US, Inc. TMUS . […]

Following the successful launch of its seasonal Mint service on the New York to Barbados route, low-cost carrier JetBlue Airways Corp. JBLU has decided to offer the premium service on a weekly basis. JetBlue intends to operate round-trip Mint-based flights between John F […]

Dunkin' Brands Group, Inc. DNKN has entered into a multi-unit store development agreement with franchise group Berliner III, LLC. Per the deal, the parties would open 16 new restaurants – 14 in St. […]

LyondellBasell LYB has agreed to buy the polypropylene (PP) compounding assets of India-based Zylog Plastalloys Pvt. Ltd. The acquisition includes manufacturing sites in Sinnar, Maharashtra, and in Chennai, Tamil Nadu […]

On Nov 27, we issued an updated research report on Canadian Pacific Railway Limited CP . The company posted positive earnings surprises in three of the four quarters last year, with an average beat of 1.14%. Meanwhile, in the third quarter of 2015, Canadian Pacific’s bottom line outpaced the Zacks Consensus Estimate while the top line missed the same. […]

Leading value-priced retailer, Citi Trends, Inc. CTRN is an appealing choice for customers looking for cheap alternatives, as it offers merchandise at about 20%–70% discount compared to other department and specialty stores’ regular prices. Also, the company’s niche market is focused on African-Americans, which along with inviting store formats provides an edge over other off-price retailers and mass merchants. […]

Watts Water Technologies, Inc. WTS has completed the previously announced acquisition of Apex Valves Limited (Apex). Per the terms of the deal, Watts Water acquired 80% of the outstanding shares of Apex for $22 million. […]

On Dec 1, Zacks Investment Research updated the research report on industrial goods manufacturer Ingersoll-Rand Plc IR . Few days back, Ingersoll reported relatively solid third-quarter 2015 results with an improved operating performance that offset expected headwinds in the global economic environment. The company reported third-quarter 2015 net income of $300.9 million or $1.12 per share compared with $291.3 million or $1.07 per share in the year-earlier quarter. […]

Neenah Paper, Inc. NP , a global manufacturer of technical products and fine papers, recently announced a 10.0% year-over-year hike in its quarterly dividend payout to 33 cents per share or $1.32 on an annualized basis. […]

We have issued an updated research report on Logitech International SA LOGI on Nov 30, 2015. The company has been intending to tap the high potential market for accessories by pursuing innovation and expanding its product lines. In November 2015, Logitech collaborated with Apple Inc. […]

On Dec 1, 2015, Zacks Investment Research downgraded leading full-line sporting goods retailer, DICK'S Sporting Goods Inc. DKS to a Zacks Rank #5 (Strong Sell). Why the Downgrade […]