On Dec 31, we issued an updated research report on The Wendy's Company ( WEN ). On Nov 6, 2014, Wendy's posted third-quarter 2014 results with both earnings and revenues missing the Zacks Consensus Estimate. […]
Shares of leading semiconductor manufacturer TriQuint Semiconductor, Inc. ( TQNT ) and rival RF Micro Devices Inc. ( RFMD ) are set to be delisted from the NASDAQ with the merger of the respective entities into a combined firm […]
All is not well for Qualcomm Inc. ( QCOM ), the largest manufacturer of wireless chipsets globally, as the company may have to settle for lower royalty payment for its technology licensing in China. […]
Nike, Inc. ( NKE ), a leader in the U.S. […]
Premium industrial goods company United Technologies Corporation’s ( UTX ) Sikorsky helicopter segment has reportedly put in bids for a $3 billion military tender of Poland. The tender involves the supply of 70 helicopters to the Polish military. Notably, in Oct 2014, United Technologies refused to bid for the contract until its terms were altered in favor of its conditions. […]
Regency Centers Corporation ( REG ) recently completed the acquisition of a 212,000 square feet mixed-use property located in the Capitol Hill neighborhood of Seattle, WA. The move is in sync with the company’s strategy to enhance its portfolio by addition of premium grocery-anchored shopping centers and mixed-use properties. This expansion in the Broadway Market comes as a complement to the company’s Pacific Northwest portfolio. […]
On Dec 31, 2014, we issued an updated research report on RadioShack Corp. ( RSH ). In an effort to ramp up sales, this beleaguered electronic and mobile products retailer has, of late, redesigned its retail website with new deals in the offing […]
Defense prime Lockheed Martin Corp. ( LMT ) ended 2014 on an upbeat note with a big contract from the Pentagon’s funding list. The company won a $662.0 million modification contract from the U.S. […]
Riding high on the success of Marco Polo, video-streaming service provider Netflix Inc. ( NFLX ) recently topped its rival, Time Warner’s ( TWX ) HBO in the U.S. Marco Polo represents a powerful epic of a medieval dynasty that’s wrapped with political intrigue […]
Oracle ’s ( ORCL ) Cloud Platform, which includes its Database, Java, and Oracle Fusion Middleware, is gaining popularity as a reliable source of various SMAC (social, mobile, analytics and cloud) requirements. We believe, in the coming days, the company’s cloud platform will be one of its key revenue generating businesses. […]
With the National Football League around the corner, Papa John’s International, Inc. ( PZZA ) recently introduced the BOGO promotion offer, which provides one large one-topping pizza free with any order of large pizza at a regular price. The offer is valid through Jan […]
General Motors Company ( GM ) has announced three new recalls for a total of 83,572 sport-utility vehicles and pickup trucks. However, there have been no such reports of injuries related to these recalls. The first recall by General Motors is mainly focused on the potential defect in the electrical system of the vehicles. […]
On Dec 31, we issued an updated research report on Marriott International, Inc. ( MAR ). On Oct 28, 2014, Marriott International posted third quarter 2014 results, beating the Zacks Consensus Estimate for both earnings and revenues […]
Tekmira Pharmaceuticals Corporation ’s ( TKMR ) shares increased almost 9% after it provided updates from phase I/II studies on TKM-PLK1. The candidate is being developed for the treatment of patients suffering from advanced gastrointestinal neuroendocrine tumors (GI-NET) and adrenocortical carcinoma (ACC). […]
On Jan 2, 2015, we issued an updated research report on China Life insurance Co. Ltd. ( LFC ) […]
Brown & Brown, Inc. ( BRO ) has recently sold some assets from its North Carolina-based subsidiary, Axiom Re, LP (“Axiom Re”) to Beach Re Limited (“Beach”). Axiom Re will become a part of Beach’s North American operations […]
On Jan 2, Zacks Investment Research upgraded Pool Corp. ( POOL ) to a Zacks Rank #1 (Strong Buy). […]
On Jan 2, 2015, Zacks Investment Research upgraded PG&E Corporation ( PCG ) to a Zacks Rank #1 (Strong Buy). Why the Upgrade? San Francisco-based PG&E Corporation has a solid base of regulated utility asset mix that offers a stable earnings base. […]
Canfor Completes Phased Purchase Agreement of Beadles and Balfour Lumber Companies PR Newswire VANCOUVER, Jan. 2, 2015 VANCOUVER , Jan. […]
IGT Schedules Special Shareholder Meeting for February 10, 2015 to Vote on Approval of the Merger Agreement with GTECH PR Newswire LAS VEGAS, Jan. 2, 2015 LAS VEGAS , Jan. 2, 2015 /PRNewswire/ — International Game Technology (“IGT”) announced today that a special meeting of its shareholders has been scheduled to, among other things, consider and vote on a proposal to approve the previously announced Agreement and Plan of Merger (the “Merger Agreement”) by and among the Company GTECH S.p.A., a joint stock company organized under the laws of Italy (”GTECH”), GTECH Corporation, a Delaware corporation (”Gold US Sub”), Georgia Worldwide PLC, a public limited company organized under the laws of England and Wales (”Holdco”) and Georgia Worldwide Corporation, a Nevada corporation (”Sub”), with IGT becoming a wholly owned subsidiary of Holdco upon consummation of the merger […]
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