On Dec 31, 2014, Zacks Investment Research upgraded Microchip Technology Inc. ( MCHP ) to a Zacks Rank #2 (Buy) from Zacks Rank #3 (Hold) on its buoyant guidance for the upcoming third quarter of fiscal 2015. Why the Upgrade? […]
Micron Technology, Inc. ( MU ) has gained significantly in 2014 backed by its growth initiatives, product innovation and solid quarterly results. Notably, the company amassed a one-year return of approximately 61%. […]
On Jan 2, 2015, Zacks Investment Research upgraded The Andersons Inc. ( ANDE ) to a Zacks Rank #4 (Sell) from a Zacks Rank #5 (Strong Sell). Why the Upgrade? […]
On Dec 31, 2014, we issued an updated research report on Talisman Energy ( TLM ). Amid a weak natural gas and crude oil pricing environment we don’t expect the Canadian energy explorer to earn significantly for its shareholders in the coming months. […]
Spectrum Brands Holdings, Inc. ( SPB ) recently declared that it has closed the previously announced buyout of The Procter & Gamble Company’s ( PG ) European pet food business. However, financial terms of the deal remained undisclosed […]
Amazon.com ’s ( AMZN ) Indian operations intend to increase its headcount by more than two folds in the logistics and delivery space in seven months as it goes forward with its bid of providing shipping services to sellers who are registered on the e-commerce portal. Seattle-based Amazon initiated its India operations in Jun 2013. […]
On Dec 26, 2014, we issued an updated research report on Cullen/Frost Bankers, Inc. ( CFR ). This commercial and consumer banking services provider has recorded positive earnings surprises in three of the last four quarters with an average surprise of 2.55%. […]
Zacks Investment Research upgraded shares of AbbVie Inc. (ABBV) from NEUTRAL to OUTPERFORM on January 02, 2015, with a target price of $79.00. AbbVie's third quarter EPS of $0.89, up 8.5% y-o-y,, surpassed the Zacks Consensus Estimate of $0.78 […]
Zacks Investment Research upgraded shares of Terex Corporation (TEX) from UNDERPERFORM to NEUTRAL on January 02, 2015, with a target price of $29.00. In the third quarter of 2014, Terex Corporation's adjusted earnings per share (EPS) declined 19% year over year to $0.59. Terex will continue to benefit from its restructuring programs, debt reduction and share repurchases. […]
Friday, January 2, 2015 (This is Mark Vickery covering for Sheraz Mian, who is off this week.) When my boss, Zacks Director of Research Sheraz Mian, instructed me to take over writing his Ahead of Wall Street column here on Zacks.com, he warned me that at this holiday week at the very end of 2014/start of 2015 there would likely be very few news items related to the stock markets. After U.S. […]
When my boss, Zacks Director of Research Sheraz Mian, instructed me to take over writing his Ahead of Wall Street column here on Zacks.com, he warned me that at this holiday week at the very end of 2014/start of 2015 there would likely be very few news items related to the stock markets. After U.S. […]
Dale Jarrett Racing Adventure Acquires 24/7 Kid Doc, Inc. PR Newswire HICKORY, N.C., Jan. 2, 2015 HICKORY, N.C. […]
The Cutrale and Safra Groups Announce Satisfaction of the Regulatory Condition For its Acquisition of Chiquita Brands International, Inc. PR Newswire NEW YORK, Jan. 2, 2015 NEW YORK , Jan. […]
Kohlberg Kravis Roberts & Co. ( KKR ) announced the sale of its outstanding stake in Switzerland-based Alliance Boots to Walgreens Boots Alliance, Inc., the new holding company of the largest U.S. […]
Zacks Investment Research now holds a pessimistic view on industrial titan General Electric Company ( GE ), as evident from its recent downgrade to Zacks Rank #4 (Sell) from Zacks Rank #3 (Hold). The gloomy outlook comes on the heels of the disappointing guidance given by the conglomerate as it expects a downslide in oil prices to hurt its performance in 2015. […]
Shares of technology company, PMC-Sierra ( PMCS ), hit a new 52-week high of $9.39 on Dec 31, eventually closing at $9.16. The company delivered one-year as well as year-to-date return of more than 42%. […]
Shares of United Continental Holdings Inc. ( UAL ) hit a new 52-week high of $67.77 on Dec 31, 2014. However, the company ended the day’s trading a trifle lower at $66.89, reflecting a solid 77% return over the past 12 months. […]
On Jan 2, Zacks Investment Research upgraded Great Lakes Dredge & Dock Corporation ( GLDD ) to a Zacks Rank #2 (Buy) from a Zacks Rank #3 (Hold), largely on the back of steady inflow of projects, improved fleet utilization and acquisitions. Why the Upgrade? Share price of Great Lakes Dredge & Dock has been on the rise since the company announced that it has been awarded the New Jersey shore and the Arthur Kill Channel projects, together valued at over $210 million, on Dec 15. […]
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