Month: March 2016

With an earnings season just around the corner, investors will stop obsessing about the Fed’s actions and the next set of manufacturing data for some time, and confront the ground reality of the companies. By all accounts, Wall Street is anticipating yet another quarter of bleak earnings reports and less-than-stellar company outlooks. […]

With earnings season just around the corner, investors will stop obsessing about the Fed’s actions and the next set of manufacturing data for some time, and confront the ground reality of the companies. By all accounts, Wall Street is anticipating yet another quarter of bleak earnings reports and less-than-stellar company outlooks. Needless to say, the first-quarter earnings season is carting along with it the now familiar gloomy shroud of declining earnings estimates. […]

On Mar 31, 2016, Zacks Investment Research upgraded QLogic Corp QLGC to a Zacks Rank #1 (Strong Buy). Going by the Zacks model, companies holding a Zacks Rank #1 have strong chances of outperforming the broader market over the next few quarters. […]

CBRE Group, Inc. CBG has inked a deal to acquire its Oslo, Norway-based affiliate firm Atrium AS. The deal, once completed is expected to bolster the Los Angeles, CA-based commercial real estate services and investment firm’s presence in the Nordics region, providing it the opportunity to capitalize on enhanced real estate activity […]

Valeant Pharmaceuticals International, Inc. VRX continues to be a Zacks Rank #5 (Strong Sell) stock with waves of bad news hitting the company. The company’s shares plunged 6.6% on Wednesday after it asked its lenders for another month to file its annual report, thereby reducing the risk of default if it misses the current deadline of Apr 29 […]

Markets ended the month with gains following signs that the economy was stabilizing. The Shanghai Composite moved lower on Monday following a slump in real estate stocks after China’s largest cities outlined new restrictions on the sector. The benchmark index declined again on Tuesday as small cap stocks fell and real estate companies continued to decline […]

Industrial goods manufacturer General Electric Company GE recently inked a definitive agreement with asset management firm State Street Corporation to divest its Asset Management business for approximately $485 million. The news seems to have struck a right chord with the investors and propelled General Electric shares to a new 52-week high of $31.95 during trading hours yesterday. The transaction will augment the asset management portfolio of State Street Global Advisors, the investment management division of State Street Corporation, by $100 billion. […]

The idea of ‘value investing’ is no rocket science. The idea is to invest in stocks that you believe are undervalued– that is, those with their market value less than their ‘fundamental value’ or ‘intrinsic value’ – based upon your investment horizon. However, determining a stock’s intrinsic value is no easy task. […]

Momentum investing literally means “that which goes up will continue to go up for a period, and that which goes down will continue to go down.” Thus, momentum investors buy high on the anticipation that the asset (in our case stocks) will only ascend further in the short-to-intermediate term. The trick to achieve success in momentum investing is based on the risk-appetite of the investor. […]

Share price of Westport Innovations Inc. WPRT dropped 6.5% to $2.72 on Mar 30, 2016 after the company reported a loss of 35 cents per share in the fourth quarter of 2015, narrower than a loss of $1.02 recorded in the prior-year quarter. […]

BlackRock, Inc. BLK is contemplating to eliminate around 400 jobs or roughly 3% of its 13,000 employees in a bid to streamline parts of its business and focus on the areas poised for growth. […]

Japan-based multinational conglomerate Sony Corporation SNE recently inked a Memorandum of Understanding (“MoU”) with Vietnam’s information technology and telecommunications company Viettel Telecom Corporation. Per the agreement, Sony and Viettel Telecom will jointly develop and commercialize services like mobile e-money, identification, CRM and e-ticketing which will be based on a particular “NFC FeliCa contactless technology”. […]

Tesla Motors, Inc. TSLA is all set to unveil the much-awaited Model 3 later today. The excitement level among Tesla fans is palpable. […]

Leading communications equipment and service provider Harris Corp. HRS recently signed an $11 million deal with a nation in Africa to deliver its industry leading Falcon III multiband, multimission radios under an ongoing modernization program. Per the terms of the deal, Harris will offer RF-7800H-MP wideband tactical manpack radios, which will boost long-range and beyond-line-of-sight data capacities […]