KB Home Ups Community Count with Artero Homes, California
Leading U.S. homebuilding company, KB Home KBH opened a new townhome community called Artero in Livermore, CA. […]
Leading U.S. homebuilding company, KB Home KBH opened a new townhome community called Artero in Livermore, CA. […]
Shares of Bank of America Corporation BAC closed modestly in the green on Thursday after the Federal Reserve approved the bank’s revised capital plan. The approval was declared through a press release wherein the Federal Reserve said that the company’s “progress in remediating the identified deficiencies in its capital planning processes” led to the sanction of its plan. Notably, at the Comprehensive Capital Analysis and Review (“CCAR”) in Mar 2015, the Federal Reserve had highlighted certain loopholes in BofA’s capital planning processes, including deficiency in loss & revenue modeling practices and internal controls. […]
Shares of Invesco Ltd. IVZ gained 1.3% in a day’s trading on Thursday, following the release of its preliminary month-end assets under management (“AUM”) for Nov 2015 on Wednesday, Dec 9. […]
Shares of solar technology company SunEdison Inc. SUNE gained nearly 7.8% in after-hours trading yesterday, following the company’s announcement to sell two wind-power plants with a total capacity of 333 megawatt (“MW”) to Terra Nova Renewable Partners for a consideration of $209 million. […]
Independent refiner Tesoro Corporation TSO has decided to buy crude oil logistics provider Great Northern Midstream LLC. The value of the transaction has not been disclosed. […]
Yum! Brands, Inc. YUM , in its recent annual conference, discussed details about the previously announced spinoff of its China business. […]
We issued an updated research report on PRA Group Inc. PRAA on Dec 11, 2015. PRA Group has experienced negative operating leverage in the last few years due to the effects of global economic crisis. […]
CubeSmart CUBE announced a 31% hike in its quarterly dividend rate to 21 cents from 16 cents paid earlier. The company will pay the increased dividend on Jan 15, 2016 to shareholders of record as on Jan 4. […]
The largest oil company in Europe Royal Dutch Shell plc RDS.A is looking to streamline its portfolio of global assets in the wake of persistent low commodity prices. This time, the company is assessing its business interests in New Zealand. To go into more details, Shell is planning to focus on operations with more prospects to partially counter the effects of the crude price slump […]
The Federal Reserve will most likely announce a rate hike next week. Most investors expect that JPMorgan Chase & Co. JPM being one of the largest banks will definitely benefit from this move […]
Online travel booking company, Priceline.com PCLN announced that it will increase its stake in China's online travel company, Ctrip.com International, Ltd. CTRP , as part of its efforts to broaden its footprint in the world’s largest outbound-travel market. Priceline said it has agreed to invest an additional $500 million through a convertible bond along with an unnamed "long-term equity investment firm" […]
Puma Biotechnology, Inc. PBYI announced interim results from the ongoing phase II study on PB272 (neratinib) for the treatment of patients with ERBB2 mutant, human epidermal growth factor receptor type 2 (HER2) non-amplified, metastatic breast cancer. Data were presented at the 2015 Cancer Therapy & Research Center – the American Association for Cancer Research (CTRC-AACR) San Antonio Breast Cancer Symposium. […]
Zacks Investment Research downgraded Bunge Limited BG to a Zacks Rank #5 (Strong Sell) on Dec 11, 2015. Going by the Zacks model, companies holding a Zacks Rank #5 have strong chances of underperforming the broader market over the next few quarters. Why the Downgrade […]
Premium manufacturer of thermal imaging cameras FLIR Systems, Inc. FLIR has collaborated with the Chinese drone titan, DJI Innovations, to develop new infrared cameras for its latest drones. […]
Prudential Financial, Inc . PRU announced that it expects to generate earnings in the range of $9.75–$10.25 in 2016, which translates to 2.6–6.7% jump year over year. The Zacks Consensus Estimate for 2016 is currently pegged at $10.11, above the company’s guided range. […]
Medical device major Medtronic plc ’s MDT Activaportfolio of Deep Brain Stimulation (DBS) neurostimulators’ systems recently won the U.S. FDA approval for conditional use in full-body Magnetic Resonance Imaging (MRI) scans. […]
American International Group, Inc. 's AIG CEO Peter Hancock recently announced a new Executive Leadership Team structure, in a bid to make organizational operations smoother. The team, comprising 10 heads – all veterans in their respective fields – will work toward attaining the strategic priorities of the company […]
On Dec 10, 2015, we issued an updated research report on QUALCOMM Incorporated (QCOM) QCOM – the market leader in mobile chipsets. This Zacks Rank #5 (Strong Sell) company reported better-than-expected financial results in the fourth quarter of fiscal 2015 steering past the Zacks Consensus Estimate on both the top and the bottom-line front. However, Qualcomm has provided a soft outlook for non-GAAP earnings per share for the first quarter of fiscal 2016, estimating the same between 80 cents and 90 cents. […]
U.S. telecom major Verizon Communications Inc. VZ will start field trials for its upcoming 5G wireless network with its partners in 2016 […]
Becton, Dickinson and Company BDX , more commonly known as BD, recently announced the receipt of FDA clearance for two Vertebral Balloon Systems (VBS). Notably, the products are developed by CareFusion, which was taken over by BD in Mar 2015. BD expects to fully roll out the products within a year. […]
Copyright © 2024 | MH Magazine WordPress Theme by MH Themes