Technicals

Steris (STE): Strong Industry, Solid Earnings Estimate Revisions

One stock that might be an intriguing choice for investors right now is Steris Plc ( STE ) . This is because this security in the Medical- Instruments space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective. This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. […]

Technicals

3 Reasons Why NetSol Technologies (NTWK) is a Great Momentum Stock

Many investors like to look for momentum in stocks, but this can be very tough to define. There is great debate regarding which metrics are the best to focus on in this regard, and which are not really quality indicators of future performance. Fortunately, with our new style score system we have identified the key statistics to pay close attention to and thus which stocks might be the best for momentum investors in the near term. […]

Mergers & Acquisitions

Avon And Cerberus Announce A $605 Million Strategic Partnership To Drive Avon Shareholder Value

Avon And Cerberus Announce A $605 Million Strategic Partnership To Drive Avon Shareholder Value Affiliates of Cerberus to make a $435 million preferred stock investment in Avon Products, Inc. Avon North America to be separated into privately-held entity into which affiliates of Cerberus will invest $170 million for 80.1% ownership Avon also announces suspension of quarterly dividend to reinvest in the business PR Newswire NEW YORK, Dec. 17, 2015 NEW YORK , Dec. […]

Mergers & Acquisitions

Scholastic Announces Intent To Return Up To $200 Million To Shareholders Through Modified Dutch Auction Tender Offer

Scholastic Announces Intent To Return Up To $200 Million To Shareholders Through Modified Dutch Auction Tender Offer Company Will Retain Ownership and Future Value of Headquarters Property; Increased Leasing of Retail Space Expected to Boost Operating Income PR Newswire NEW YORK, Dec. 17, 2015 NEW YORK , Dec. 17, 2015 /PRNewswire/ — Scholastic Corporation (NASDAQ: SCHL), the global children’s publishing, education and media company, today announced that its Board of Directors has authorized the repurchase of up to $200 million of the Company’s common stock through a modified “Dutch Auction” tender offer and has approved a plan to generate more rental income from retailers from the lower floors of its headquarters building located at 557 and 555 Broadway in New York City . […]

Momentum Stocks

Bear of the Day: Huntsman (HUN)

Huntsman Corporation ( HUN ) is feeling the stress of a tough specialty chemicals market. This Zacks Rank #5 (Strong Sell) continues to lower full year guidance as conditions deteriorate. Huntsman makes specialty chemicals including performance additives and titanium dioxide. […]