Year: 2015

Shares of The Gap, Inc. GPS , a premier international specialty retailer, have been losing ground for quite some time now. […]

Market’s experienced a mixed week after fears surrounding IPOs returned to haunt investors. The Shanghai Composite Index advanced 1.8% on Monday following investor expectations that reforms of government owned companies will be accelerated. […]

Electric Boat Corp., a unit of General Dynamics Corporation GD , has won a modification contract aggregating $89.8 million from the Naval Sea Systems Command. This contract supplements the previous contract for the purchase of missile tube long lead time material for the common missile compartment program. This contract, which falls under the Foreign Military Sales program, is jointly held by the U.S […]

We are almost at the end of 2015, a year that was marked by unprecedented stock market volatility, sliding crude prices and global macroeconomic headwinds emanating from the Greek debt crisis and bursting of the Chinese equity bubble. Adding to the woes, widespread geo political instability in several regions like Syria, Yemen and Ukraine had a profound impact on the stock markets across the world. However, amid such turbulence, the U.S. […]

The U.S. Energy Department's inventory release showed that crude stockpiles recorded a surprise fall last week. […]

Continuing with the offer and counter offer spectacle, Anadigics, Inc. ANAD announced the receipt of a proposed amendment to a buyout proposal from an undisclosed third-party firm that increases the per share offer price to 54 cents. The counter offer was made by the concerned firm after GaAs Labs, LLC raised its offer price for semiconductor maker Anadigicsfrom its previous 35 cents per share to 48 cents a share […]

Following the most awaited increase in the benchmark federal funds rate after more than nine years to 0.25%-0.50% from zero since December 2008 by the Federal Reserve, the last four trading days depicted optimism over the banking stocks. The interest rate hike, though at a slower pace, will ease some pressure on net interest margin (NIM) – a key source of banks’ earnings and is expected to bolster the financial performance and drive operational efficiencies going forward. However, legal issues related to shoddy malpractices continued […]

We have issued an updated research report on ConAgra Foods, Inc. CAG on Dec 23. […]

On Dec 23, we issued an updated research report on industrial gas giant Air Products APD . Air Products' adjusted earnings for fourth-quarter fiscal 2015 (ended Sep 30, 2015) topped the Zacks Consensus Estimate while sales missed. Profit jumped year over year, aided by its cost-management initiatives and improved pricing. […]

On Dec 23, 2015, we issued an updated research report on New York based investment management firm Federated Investors, Inc. FII . We believe organic growth backed by consistent top-line growth remains the growth driver for the company. […]

On Dec 24, 2015, we issued an updated research report on global insurance broker Willis Group Holdings Public Limited Company WSH . Willis Group provides a wide range of services that include insurance brokerage, reinsurance as well as consultation in risk management to its clients worldwide. […]

Shares of Lindsay Corporation LNN gained around 9% to close at $74.94 yesterday after the company posted better-than-expected first-quarter fiscal 2016 earnings (ended Nov 30, 2015). The company reported earnings of 62 cents per share, flat with the year-ago quarter. Earnings, however, topped the Zacks Consensus Estimate of 56 cents with a positive earnings surprise of 10.7%. […]

ESCO Technologies Inc. ESE recently amended and extended its credit agreement to boost its liquidity position in the near term. Following the news, shares of the company went up marginally (0.51%) during the regular trading session on the NYSE on Dec 23. […]

Have you taken advantage of Abercrombie & Fitch Co. ’s ANF bull run in the past three months as the stock has gained nearly 25%. If not, then the time is right to add the stock as it looks very promising and is poised to carry the momentum into 2016 […]

Shares of NIKE, Inc. NKE hit a 52-week high of $136.39 yesterday, after this athletic apparel, footwear and accessories retailer posted solid second-quarter fiscal 2016 results, wherein its bottom line beat estimates for the 14th straight quarter and future orders grew year over year. However, the Zacks Rank #3 (Hold) stock eventually closed at $128.71, reflecting a year-to-date increase of 36.9% […]