Year: 2015

Amazon.com Inc. ’s AMZN Prime membership is getting bigger and better in the U.S. as the one-hour restaurant delivery service recently reached Austin. […]

CF Industries Holdings, Inc. CF announced that the new urea plant at its Donaldsonville (LA) Nitrogen Complex started operating on Nov 17, 2015. […]

TDS Telecom – a wholly owned subsidiary of Telephone and Data Systems Inc. TDS – has announced the launch of a new cloud-based back-up service – TDS Backup Online. Notably, TDS Backup Online can be used on up to five PCs simultaneously and is accessible from anywhere […]

On Dec 15, Zacks Investment Research upgraded producer and supplier of photovoltaic products JinkoSolar Holding Co. Ltd. JKS to a Zacks Rank #1 (Strong Buy) […]

Leading Canadian telecom operator Shaw Communications Inc. SJR has now decided to venture into the Canadian wireless market. […]

PulteGroup Inc. PHM entered into an agreement to acquire the homebuilding assets of John Wieland Homes and Neighborhoods (Wieland), an Atlanta-based move-up and luxury home builder. The acquisition is anticipated to cost about $430–$450 million and will close by first-quarter 2016. […]

On Dec 16, we issued an updated research report on Netherlands-based chemical giant, LyondellBasell Industries LYB . LyondellBasell’s adjusted earnings for third-quarter 2015 topped the Zacks Consensus Estimate while sales missed. Revenues plummeted year over year, affected by lower prices of the company’s products […]

AstraZeneca plc AZN , along with its global biologics research and development arm MedImmune, has unveiled a range of strategic initiatives to expand its footprint in China. The company also announced that it will be acquiring the respiratory business of Takeda Pharmaceutical Company Limited TKPYY . Partnership Expanded with WuXi in China AstraZeneca has struck a deal with WuXi AppTec, an operating subsidiary of China-based WuXi PharmaTech Inc., to develop innovative biologics targeting therapeutics areas such as respiratory, inflammation and autoimmunity, cardiovascular and metabolic diseases, and oncology […]

Specialty food company, Diamond Foods, Inc. DMND is focused on the processing, marketing and distribution of snack products and culinary, ingredient and in-shell nuts. […]

Statoil ASA STO has entered into maintenance and modification agreements for installations on the Norwegian continental shelf (NCS) and for the onshore plants at Sture, Kollsnes, Kårstø and Melkøya. The agreements are valued at NOK 24 billion. […]

Shares of The Clorox Company CLX hit a 52-week high of $131.59 yesterday and eventually closed trade a notch lower at $131.12, surging roughly 29.7% year-to-date. This demonstrates the stock’s inherent strength. […]

In an investor presentation, Jeffrey Immelt – the CEO of diversified conglomerate General Electric Company GE – offered a relatively bullish outlook for 2016 based on his continued efforts to streamline the operating structure of the company. At the same time, he remained quietly confident to handsomely reward shareholders with healthy dividends and share repurchases. Despite soft macroeconomic conditions and expectations of weak global growth in 2016, General Electric aims to build upon the momentum of 2015 for a healthy rise in operating profit in the next year […]

Raising the interest rate by 25 basis points, Fed has taken a step toward normalizing the monetary policy, and thus going by past history a market correction in inevitable in the near future. In such a scenario, we need to focus on value-intrinsic stocks that have strong fundamentals. […]