Stock Analysts

Twitter Tests Ad Space on Following List to Boost Revenues

Social networking website, Twitter ( TWTR ) is keen on growing its advertising business and reportedly, expanded the advertising space from Timeline to users’ following list. Some of the celebrity Twitter users have noticed the change, but it is not clear if the company has fully rolled out this advertisement strategy for marketers. We believe that Twitter will benefit from this higher spending by marketers as its innovative product portfolio continues to attract advertisers (its primary revenue source) […]

Stock Analysts

Weatherford Closes Deal with Lubrizol, Gets $750 Million

Switzerland-based Weatherford International Ltd. ( WFT ) procured an amount of $750 million following the closure of the previously announced sale of the company’s engineered chemistry and Integrity drilling fluids businesses to an affiliate of The Lubrizol Corporation, a Berkshire Hathaway company. The transaction is, however, subject to a customary post-closing working capital adjustment […]

Stock Analysts

Starwood Debuts Aloft in Dongguan; Grows Presence in China

In a bid to ramp up its presence in the flourishing Chinese market, leading hotelier, Starwood Hotels & Resorts Worldwide Inc. ( HOT ) recently unveiled a property named Aloft Dongguan Songshan Lake in the city of Dongguan, in the central Guangdong province. This marked the entry of Aloft, one of Starwood’s contemporary hotel brands, in the city of Dongguan. […]

Stock Analysts

Walgreen Closes Alliance Boots Buyout; Renames Company

The largest drugstore chain in the U.S., Walgreen , has completed its acquisition of the UK-based Alliance Boots on Dec 31, 2014, to form a new company called Walgreens Boots Alliance Inc. Walgreens Boots Alliance, the first global pharmacy-led health and wellbeing enterprise, will start trading on the Nasdaq under the ticker symbol “ WBA ”. The merger process, which began in Jun 2012, was completed this week following the approval by Walgreen’s shareholders on Dec 29, 2014 […]

Downgrades

TIMKENSTEEL CP (TMST) Downgraded by Zacks to UNDERPERFORM

Zacks Investment Research downgraded shares of TIMKENSTEEL CP (TMST) from NEUTRAL to UNDERPERFORM on January 02, 2015, with a target price of $35.20. TimkenSteel Corporation engages in manufacturing alloy steel, as well as carbon and micro-alloy steel. The company provides air-melted alloy steel bars, tubes, and precision components, as well as value-added services, including thermal treatment and machining. […]

Upgrades

AOL INC (AOL) Upgraded by Zacks to NEUTRAL

Zacks Investment Research upgraded shares of AOL INC (AOL) from UNDERPERFORM to NEUTRAL on January 02, 2015, with a target price of $47.20. AOL Inc. is a leading global Web services company with an extensive suite of brands and offerings and a substantial worldwide audience […]

Upgrades

STELLUS CAP INV (SCM) Upgraded by Zacks to OUTPERFORM

Zacks Investment Research upgraded shares of STELLUS CAP INV (SCM) from NEUTRAL to OUTPERFORM on January 02, 2015, with a target price of $15.00. Stellus Capital Investment Corporation is a closed-end, non-diversified management investment company. The Company's investment objective is to maximize the total return to its stockholders in the form of current income and capital appreciation by investing primarily in private middle-market companies […]

Upgrades

NEXTERA ENERGY (NEP) Upgraded by Zacks to OUTPERFORM

Zacks Investment Research upgraded shares of NEXTERA ENERGY (NEP) from NEUTRAL to OUTPERFORM on January 02, 2015, with a target price of $38.60. NextEra Energy Partners, LP engages in owning, operating and acquiring contracted clean energy projects. It owns interests in wind and solar projects primarily in North America. […]

Upgrades

VTTI EGY PTNRS (VTTI) Upgraded by Zacks to OUTPERFORM

Zacks Investment Research upgraded shares of VTTI EGY PTNRS (VTTI) from NEUTRAL to OUTPERFORM on January 02, 2015, with a target price of $26.70. VTTI Energy Partners LP owns, operates, develops and acquires refined petroleum product and crude oil terminals, and related energy infrastructure. VTTI Energy Partners LP is based in London, United Kingdom. […]

Stock Analysts

Stellus Capital Up to Strong Buy on Amended Credit Facility

On Jan 2, Zacks Investment Research upgraded Stellus Capital Investment Corporation ( SCM ) to a Zacks Rank #1 (Strong Buy). Why the Upgrade? The rank upgrade of this Houston-based non-diversified investment management company was driven by strong estimate revisions that came on the back of the recent reorganization of its revolving credit facility and impressive fiscal third-quarter results. […]