Technicals

Can the Rally in General Finance (GFN) Shares Continue?

General Finance Corporation GFN has been on the move lately as the stock has risen by 17.4% in the past four weeks, and it is currently trading well above its 20-Day SMA. This is a pretty solid move higher, but the question that has to be on investors’ minds right now is; can this trend continue? While there can be no telling for sure, it is certainly encouraging that earnings estimates have risen in the past few weeks on the company, suggesting that sentiment on GFN is moving in the right direction. […]

Stock Analysts

Qualcomm (QCOM) Discards Split Option Post Board Review

Qualcomm Inc. QCOM has decided to maintain its corporate structure and not separate its chip making and technology licensing businesses. This also ends the six-month strategic review by a special committee – prompted by activist investor Jana Partners – on whether the company should split its businesses. […]

Stock Analysts

Honeywell Closes Sigma-Aldrich Research Chemicals Unit Buy

Honeywell International Inc. HON successfully expanded its portfolio of solutions for drug discovery, medical diagnostic testing and other laboratory applications as it completed the acquisition of the Seelze, Germany-based laboratory research chemicals business from Sigma-Aldrich Corporation (SIAL) — a leading life science and technology company. […]

Stock Analysts

Alibaba Strikes Content Deal with Disney, Shares Up 2.4%

Chinese e-commerce giant Alibaba Group BABA has struck a significant content deal with The Walt Disney Company DIS , following which its shares were up 2.4% to $82.49. Alibaba signed a multiyear license agreement with Disney to offer a non-cable, over the top (OTT) device offering “DisneyLife” services, thus bringing together customers, physical products and digital entertainment for the first time. […]