Year: 2015

Century Aluminum Co. ’s CENX fully-owned subsidiary, Century Aluminum of South Carolina, Inc., has reached an agreement in principle with Santee Cooper. […]

Following the completion of the much talked $1.9 billion alliance of medical equipment manufacturer Steris Plc STE and UK-based outsourced sterilization services provider Synergy Health, recently Steris revealed an optimistic fiscal 2016 outlook for the combined entity. Shares of the company accordingly rose 4% to close at $74.01 yesterday. […]

On Dec 23, 2015, we issued an updated research report on Minnesota-based medical equipment developer – Cardiovascular Systems Inc. CSII . The company develops a unique Orbital Atherectomy System (OAS) of products that helps remove plaque in arterial vessels in minimal treatment time […]

American cable behemoth Comcast Corp. CMCSA commenced the trial of its Gigabit broadband connection though DOCSIS 3.1 network in Philadelphia. Comcast will continue to test the same through 2017 and set a target to launch the service commercially by the end of the year. […]

The Priceline Group Inc. PCLN recently announced the appointment of Lynn M. Vojvodich to its board of directors, effective Jan 1, 2016 […]

According to media reports, McDonald's Corp. MCD intends to sell some of its stake in its Japanese subsidiary – McDonald’s Holding Co. […]

The Federal Reserve raised interest rates for the first time in more than eight years at its Dec 16 meeting – clearly indicating its rising confidence in the U.S. economy. The last federal fund rate hike happened in 2006. […]

Carnival Corporation CCL has joined the companies planning to serve cage-free eggs. The Florida-based cruiser, in partnership with the Humane Society of the United States (“HSUS”), announced that it will switch to 100% cage-free eggs in all its cruise brands by 2025. Carnival operates 11 cruise line brands globally, including Carnival Cruise Line, Princess Cruises, Seabourn, Holland America Line, Cunard, AIDA Cruises, Costa Cruises, P&O UK and P&O Australia, as well as its newest brand, Fathom. […]

Cliffs Natural Resources Inc. CLF has concluded the sale of its remaining coal business, Pinnacle Mine in West Virginia and Oak Grove Mine in Alabama, to Seneca Coal Resources, LLC. The transaction closed once the deal was signed. […]

On Dec 23, Zacks Investment Research raised Merit Medical Systems, Inc. MMSI to a Zacks Rank #1 (Strong Buy) on new regulatory approvals and an encouraging product pipeline. […]

We issued an updated research report on Lennar Corporation LEN on Dec 22, 2015. On Dec 18, the leading national homebuilder reported fourth-quarter results, surpassing the Zacks Consensus Estimate for earnings but missing the same for sales. […]

The Wall Street Journal reported that Alphabet Inc. ’s GOOGL Google is developing a mobile messaging application to compete with similar services offered by Facebook Inc. […]

Jet.com thought it could be the Grinch that would steal the Christmas from Amazon.com Inc. AMZN . […]

Paychex Inc. PAYX recently completed the acquisition of Advanced Partners within a month of entering into the deal. […]

It’s been a roller coaster year for China stocks, marked by exponential gains followed by a sharp nosedive. While the first half of the year was a great time for the markets, stocks began slipping during the second half. […]

The Hain Celestial Group Inc. HAIN is constantly on the lookout for strategic opportunities to expand its footprint in the organic and natural products category in order to offer “A Healthier Way of Life.” In its latest step toward this direction, the company acquired Orchard House Foods Limited ("Orchard House"), one of the leading providers of prepared fruit, juices, fruit desserts and other ingredients, with facilities in Gateshead and Corby in the U.K. Hain Celestial believes that the buyout will help enhance fruit product offerings in continental Europe and also expedite the development of new products with cold pressed juice as well as branded fruit product offerings in the U.K. […]

Lithia Motors Inc. ’s LAD shares gained 1.5% on Dec 22, after the company announced the acquisition of Barton Chrysler Jeep Dodge Ram Alpha Fiat in Spokane, WA. […]

On Dec 23, 2015, we issued an updated research report on Lincoln National Corporation LNC . Lincoln National holds a leading market position in terms of its Life and Annuity segments. […]

JetBlue Airways Corp. JBLU has decided to start non-stop daily flight service between Fort Lauderdale-Hollywood International Airport (FLL) and Rafael Hernández Airport (BQN) in Aguadilla, Puerto Rico. Under the new extension, JetBlue will flag off new flights starting May 5, 2016 […]

Aggressive marketing efforts made by retailers during festive seasons coupled with a surge in e-commerce businesses continue to open up business opportunities for package delivery companies like United Parcel Service, Inc. UPS and FedEx Corporation FDX around this time of the year. […]