Year: 2015

Qualcomm Inc. QCOM has been involved in an extensive tussle with regulators and domestic smartphone companies in China lately over its licensing business. However, the signing of a Chinese Patent License Agreement (CPLA) with QiKu Internet Network Scientific (Shenzhen) Co., Ltd, has allowed the company some respite. […]

On Dec 28, we issued an updated research report on Liberty Interactive Corporation QVCA . Liberty Interactive reported strong financial results in third-quarter 2015 with both the top and the bottom line surpassing the Zacks Consensus Estimate. […]

On Dec 29, 2015, Zacks Investment Research downgraded PACCAR Inc. PCAR to a Zacks Rank #5 (Strong Sell), placing it among the bottom 5% of all stocks ranked by Zacks. Why the Downgrade? […]

It was a week where both oil and natural gas prices rebounded from their multi-year lows. On the news front, Royal Dutch Shell plc RDS.A cut its investment budget for 2016 by $2 billion to $33 billion, while Chevron Corp. CVX has reportedly laid off more than 1,200 employees at its Gorgon Lake LNG project in Western Australia. […]

Inclement weather conditions led to widespread flight cancellations in and around Chicago on Monday. Chicago O'Hare International Airport – one of the busiest airports in the world – has been affected the most by the extreme weather conditions. Likewise, Chicago Midway International and Dallas/Fort Worth International Airports were the other two hubs which experienced a high number of cancellations and delays […]

Anheuser-Busch InBev SA/NV BUD is leaving no stone unturned to expand its operations in the craft beer business. This is evident from the fact that over the past one-week time frame, the Belgium-based brewer made three announcements related to its buyout in the aforementioned segment. Most recently, sources revealed that AB InBev agreed to purchase Colorado-based Breckenridge Brewery, one of the oldest breweries in the region. […]

Lower gasoline prices, an improving labor market and positive consumer sentiment are enough to drive momentum in the retail space. Thus, it would be feasible on your part to add a few retail stocks to your portfolio that have solid fundamentals and could provide a sound investment opportunity. Here we have highlighted one such stock – The Home Depot, Inc. […]

STAG Industrial, Inc. STAG disclosed the signing of a new lease deal for a 154,000-square-foot of space at a distribution warehouse building in Duncan, SC. The deal, which runs through a term of two years, was signed with a third-party logistics company […]

Chimerix CMRX announced disappointing top-line data from the phase III SUPPRESS study on its lead candidate brincidofovir. The study, which was evaluating brincidofovir in patients undergoing hematopoietic cell transplantation (HCT), did not achieve its primary endpoint of the prevention of clinically significant cytomegalovirus (CMV) infection through week 24 after transplant. […]

Standing on the threshold of 2016, oil investors can only wish for a recovery from the slipping prices that crushed the space throughout the year. Those who track the equity market on a daily basis saw how crude prices hurt the broader market almost every day of 2015. Major energy firms with significantly lower year-over-year operating income are now saddling a huge debt load. […]

China recently approved a proposal to refurbish its initial public offering (IPO) system. According to Reuters, which quoted official news agency Xinhua, China’s top-legislature – National People’s Congress – approved the State Council’s proposal to shift to a more U.S. […]

Epizyme, Inc. EPZM announced that its Investigational New Drug (IND) application for tazemetostat has been accepted by the FDA’s Division of Hematology Products for the treatment of adults with diffuse large B-cell lymphoma (DLBCL), the most common type of non-Hodgkin lymphoma (NHL). […]

China and India are the two big growth markets at the moment, so U.S. companies are making no mistakes about getting friendly with the two governments. But the Chinese economy is maturing, so it doesn’t need to lean on the U.S […]

The retail space seems to be brimming with confidence driven by factors like the slump in crude prices, increase in consumer spending, gradual housing market recovery and improvement in the labor market. Also, the Fed’s recent decision of hiking the interest rate by 25 basis points underscores the economy’s underlying strength, which is another tailwind for the retail environment. Hence, it would be feasible on your part to add a few retail stocks to your portfolio that have solid fundamentals and could provide a sound investment opportunity […]

The Boeing Co. BA won an indefinite-delivery/indefinite-quantity contract, worth $357.9 million, from the U.S. Department of Defense (DoD) […]

On Dec 28, we issued an updated research report on SIRIUS XM Holdings Inc. SIRI . […]

Anadigics, Inc. ANAD announced the receipt of a revised buyout offer from an unnamed party, which will expire this Thursday. The increased acquisition interest in the company cheered investors, as shares spiked 7.3% in the trading session following the announcement. […]

Granite Construction Incorporated GVA , along with Fluor Corporation FLR and Ames Construction, Inc., and Parsons Brinckerhoff Inc. as the lead designer, has been selected by the Arizona Department of Transportation (“ADOT”) to build and maintain a new stretch of the Loop 202 freeway in the Phoenix area. It has been touted as the largest highway project as well as the first public-private partnership highway in Arizona […]

After the six-year bull run, the major indexes were all over the place this year – up, down and sideways. While the domestic economy showed signs of growth, global concerns kept investors on the edge. The primary concerns were the persistent decline in oil prices and slowdown in the Chinese economy, along with economic weakness in Europe, Russia, Japan and Brazil. […]