Month: December 2015

Shares of Alphabet Inc. GOOGL hit a new 52-week high of $798.69 on Dec 29, 2015 eventually closing at $793.96. […]

On Dec 30, Zacks Investment Research raised LeMaitre Vascular Inc. LMAT to a Zacks Rank #1 (Strong Buy) primarily buoyed by upward estimate revision. Notably, LeMaitre hit a 52-week high of $17.90 on Dec 29, eventually closing a tad bit lower at $17.77, which represented a year-to-date return of 132.3% […]

DuPont DD said yesterday that it will slash roughly 1,700 jobs in Delaware, its home state, in early 2016 as it moves forward with its planned mega-merger with Dow Chemical DOW . This significant move is part of DuPont’s plans to cut 10% of its global workforce of around 63,000 as part of the 2016 cost savings and restructuring program that it announced on Dec 11. Delaware has been DuPont’s home for more than 213 years. […]

On Dec 29, 2015, Zacks Investment Research downgraded pollution control company Calgon Carbon Corporation CCC to a Zacks Rank #5 (Strong Sell). Why the Downgrade? Calgon Carbon continues to witness a challenging global economic scenario, affecting sales in certain areas of its industrial end markets […]

Methanex Corporation MEOH reported that it has successfully completed its first commercial production of methanol on Dec 27, 2015, from its newly finished 1 million ton Geismar 2 methanol plant in Geismar, LA. The facility was shifted from Methanex's production site in Punta Arenas, Chile. According to John Floren, President and CEO of Methanex, the Geismar 2 facility has started methanol production almost three months prior to its original schedule and management anticipates the plant to further ramp up to full production rates in the forthcoming weeks […]

We have issued an updated research report on Hibbett Sports Inc. HIBB on Dec 28, 2015. […]

Avon Products Inc. AVP has been gradually losing momentum due to continuous loss of active representatives, declining volumes, unfavorable foreign currency translations and reduced margins in mature markets like North America. Shares of this beauty products company have plunged roughly 54.7% year-to-date […]

On Dec 30, 2015, Zacks Investment Research downgraded Advance Auto Parts Inc. AAP to a Zacks Rank #4 (Sell). Why the Downgrade? […]

Shares of The New York Times Company NYT have skyrocketed more than 16% in the past three months. If you haven’t yet taken advantage of the share price appreciation, then the time is right to add the stock to your portfolio. After all, The New York Times looks promising and is poised to carry the momentum into 2016. […]

On Dec 29, 2015, we issued an updated research report on Baker Hughes Inc. BHI , one of the major oilfield service companies in the world. […]

Anadigics, Inc. ANAD announced that GaAs Labs, LLC had amended its proposed buyout offer to match the bid of 54 cents per share, which was made by a competing bidder a week back. The competing bidder had submitted a revised buyout offer on Dec 23, countering GaAs Labs, LLC after the latter raised its offer price for semiconductor maker Anadigics from its previous 35 cents per share to 48 cents a share. […]

A leader in the natural food and personal care product categories, with an extensive portfolio of well-known brands and strong fundamentals, The Hain Celestial Group, Inc. HAIN is poised for a surge as the economy gradually revives and the demand for organic food increases. Hain Celestial’s strategic investments, coupled with its continued efforts to contain costs, boost productivity and enhance margins, enable it to deliver encouraging results. […]

The Dow has not had a kind year and is currently languishing in the red. Down 0.6% year to date, the blue-chip index has been dragged lower by multiple headwinds. A slump in oil prices, international crises combined with concerns over a Fed rate hike and a strengthening dollar weighed down on the markets […]

Fairchild Semiconductor International Inc. FCS acknowledged receiving a revised unsolicited acquisition proposal from an undisclosed party, a fortnight after it rejected an earlier bid from the same party in favour of a merger with Phoenix-based ON Semiconductor Corp. ON . […]

With record earnings, revenues and net new client assets in fiscal 2015, TD Ameritrade Holding Corporation AMTD appears a solid bet now. The company’s strong trading volumes, client focus and cross-selling opportunities are expected to yield positive results for the stock. […]

A fine of more than $13.75 million was levied on Barclays Capital Inc., a unit of London-based Barclays PLC BCS by the Financial Industry Regulatory Authority (“FINRA”) for negligently permitting retail brokerage customers to carry out over 6,100 unsuitable mutual fund switches over a five-year period and failing to provide applicable breakpoint discounts to certain customers. Barclays will have to shell out more than $10 million in restitution, including interest, to the affected customers for mutual fund-related suitability violations and a $3.75 million fine. The company did not admit or deny wrongdoing in agreeing to the settlement. […]

Colgate-Palmolive Co. CL commands a market-leading position in the oral care and personal care product categories. Constant focus on product innovations, globally recognized brands and broad global presence in both developed and emerging markets facilitate the company to take advantage of growth opportunities, thereby enhancing its profitability […]

Tesla Motors, Inc. TSLA is on a hiring spree. The electric carmaker currently has 1,600 openings listed on its careers website […]

Community Health Systems, Inc. ’s CYH subsidiaries recently inked a definite agreement to buy majority stake in two reputed hospitals. Community Health, the nation’s largest hospital operator (in terms of hospital count), will be taking over an 80% stake in IU Health La Porte Hospital in La Porte and IU Health Starke Hospital in northwestern Indiana. […]