On Dec 29, 2015, we issued an updated research report on Weatherford International Ltd. WFT , a leading oilfield services company. We continue to believe that Weatherford’s medium-term revenue growth will outpace its peers, given its recovering margins and a growing presence in the relatively stable market of the Eastern Hemisphere. […]
Shares of Kellogg Company K reached a new 52-week high of $73.60 on Dec 29, eventually closing at $73.51, owing to growth initiatives taken up by the company to revive sales. The cereals and convenience food company yielded a solid year-to-date return of 15.7%. Growth Drivers Kellogg’s shares gained momentum since past three quarters owing to growth initiatives taken up to drive sales growth. […]
According to a report on AINonline, United Continental Holdings UAL , the parent company of United Airlines,has announced that it intends to add more flights to China. The decision follows the obstacles encountered by the carrier pertaining to its service to India, owing to Middle East carriers relentlessly adding capacity. […]
On Dec 30, 2015 we issued an updated research report on Everest Re Group, Ltd. RE . Everest Re boasts a strong presence in both insurance and reinsurance markets […]
Capital requirement provisions under the Dodd-Frank Act are finally catching up with the banks. Starting next year, trust preferred securities (“TruPS”) will no longer be eligible for calculation in the regulatory capital ratios. […]
We have issued an updated research report on Ventas, Inc. VTR on Dec 29, 2015. The Chicago, IL-based real estate investment trust (“REIT”) recently completed the spin-off of majority of its post-acute/skilled nursing facility portfolio into Care Capital Properties, Inc. […]
On Dec 28, we issued an updated research report on Varian Medical Systems, Inc. VAR . […]
Confronted by the ever-growing challenge to attract and retain customers, Verizon Communications Inc . VZ has finally entered the competitive race. The carrier is now offering a promotional credit of up to $650 that will cover switching costs (like early termination fees) for existing Sprint Corp. […]
On Dec 29, 2015, we issued an updated research report on Lindsay Corporation LNN . The irrigation equipment maker is poised to benefit from the five-year Highway Bill, meaningful acquisitions, a solid capital allocation plan and investments in product development. […]
On Dec 29, 2015, we updated our research report on NuVasive, Inc. NUVA . We are impressed with continued growth visible across all the product lines as well as the expansive geographic reach of the company. […]
Anika Therapeutics Inc. ANIK announced that it has enrolled the first patient in the pivotal HyaloFast FastTRACK phase III study for the treatment of articular knee cartilage defect lesions. The prospective, randomized, active treatment-controlled, evaluator-blinded multicenter study will enroll patients (n=200) at up to 30 sites in the U.S. […]
On Dec 30, 2015, we issued an updated research report on Omnicell, Inc. OMCL – a healthcare solutions provider that develops and markets end-to-end automation solutions for the medication management. Despite Omnicell’s disappointing third-quarter 2015 results that missed the Zack Consensus Estimate on both lines, we are positive on the company’s strategic acquisitions that are expected to add value.The earlier acquired MACH4 and Avantec contributed approximately $6.5 million to revenues in the reported quarter […]
Beacon Roofing Supply, Inc. BECN has acquired Denver, CO-based residential and commercial roofing and related products distributor, Statewide Wholesale. […]
Dunkin' Brands Group, Inc. ’s DNKN Dunkin' Donuts brand recently inked a multi-year marketing agreement with The Madison Square Garden Company MSG sending shares of the quick service restaurant up almost 2% during the trading session on Tuesday. Per the deal, Dunkin' Donuts would be the official coffee, baked goods and breakfast sandwich partner of the Madison Square Garden arena, the New York Knicks and the New York Liberty basketball teams, as well as the New York Rangers hockey team […]
Restaurateurs are ushering in the New Year with initiatives to boost traffic. Papa John's International Inc. […]
On Dec 30, 2015, we issued an updated research report on Cullen/Frost Bankers, Inc. CFR . The Texas-based commercial and consumer banking services provider continues to reflect strength in several areas. […]
On Dec 29, 2015, we issued an updated research report on Watsco Inc. WSO . The company is expected to benefit from investment in new technologies and products […]
Shares of Meridian Bioscience Inc. VIVO rallied to a new 52-week high of $20.92 on Dec 29 and closed a tad bit lower at $20.76. […]
Shares of Ball Corporation BLL gained around 1.5% to close at $73.82 yesterday, after the company received approval from Conselho Administrativo de Defesa Economica (“CADE”) regarding the proposed acquisition of Rexam PLC REXMY (Rexam). CADE granted final conditional regulatory clearance in Brazil for the deal. In early 2015, Ball Corporation had confirmed its offer to acquire Rexam. […]
We issued an updated research report on FactSet Research Systems Inc. FDS on Dec 29, 2015 after the company posted lower-than-expected first-quarter fiscal 2016 results on Dec 15. Adjusted earnings per share of $1.44 missed the Zacks Consensus Estimate of $1.46 and revenues $270.5 million fell short of the Zacks Consensus Estimate of $273 million. […]
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