Stock Analysts

Calgon Carbon Slips to 52-Week Low: What’s Pulling it Down?

Shares of Calgon Carbon Corporation CCC sank to a new 52-week low of $12.75 on Tuesday before closing the day higher at $12.88. The pollution control company saw its profits plummet 50% year over year in the first quarter of 2016. Also, earnings of 11 cents per share missed the Zacks Consensus Estimate of 16 cents. […]

Stock Analysts

Medtronic Positive on HeartWare Buy, Covidien Synergies

On Jun 28, 2016, we issued an updated research report on Medtronic plc MDT . Post a divergent trend in fiscal 2015, a consistent and gradually stabilizing movement in the global Cardiac Rhythm & Heart Failure (CRHF) market can be observed. This should improve further over the coming quarters. […]

Stock Analysts

Toyota Recalls 3.37M Vehicles Worldwide on Safety Issues

Toyota Motor Corporation TM announced that it is recalling 3.37 million vehicles globally. These vehicles are being recalled either due to malfunctioning airbags or defects in their emissions control units. Of the total vehicles being recalled, 2.87 million cars are suspected to have faulty emissions control units […]

Stock Analysts

Corning Invests in Versalume, to Collaborate on Fibrance

Corning Incorporated GLW announced that it has made an investment in Versalume LLC, a Silicon Valley start-up which will work toward developing smart, integrated fiber lighting products and solutions using Corning Fibrance Light-Diffusing Fiber. The stock was up 1.68% or 32 cents on Tuesday following the announcement and closed at $19.38. […]

Stock Analysts

Accuray (ARAY) Receives 510(k) FDA Clearance for Radixact

Accuray Inc ARAY recently received the much-awaited 510(k) clearance for its Radixact Treatment delivery platform, Precision Treatment Planning System and iDMS Data Management System, from the US FDA. The hardware (Radixact) and software solutions combine to form the Radixact system, which is an evolved form of Accuray’s TomoTherapy System in terms of treatment speed and ease of use. […]

Technicals

Why You Shouldn’t Bet Against AK Steel Holding (AKS) Stock

One stock that might be an intriguing choice for investors right now is AK Steel Holding Corporation AKS . This is because this security in the Steel Producers 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 Momentum Stock Investors Will Love Smith & Wesson (SWHC)

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 […]

Technicals

Should You Get Rid of Ctrip.com (CTRP) Now?

Similar to wise buying decisions, exiting certain underperformers at the right time helps maximize portfolio returns. Selling off losers can be difficult, but if both the share price and estimates are falling, it could be time to get rid of the security before more losses hit your portfolio. One such stock that you may want to consider dropping is Ctrip.com International Ltd. […]

Mergers & Acquisitions

CD&R Enters Exclusive Discussions for the Acquisition of France’s Largest Furniture Retailer Network In Partnership Transaction

CD&R Enters Exclusive Discussions for the Acquisition of France’s Largest Furniture Retailer Network In Partnership Transaction Proposed Transaction Includes Strategic Partnership with One of Europe’s Top 3 Furniture Retailers PR Newswire LONDON, June 29, 2016 LONDON , June 29, 2016 /PRNewswire/ — In the latest of a series of partnership transactions since 2009, Clayton, Dubilier & Rice (“CD&R”) today announced that it has entered into exclusive discussions under which CD&R-managed funds would acquire BUT, the largest furniture retailer network in France , in a 50:50 partnership with WM Holding, a company related to the XXXLutz Group, one of Europe’s three largest furniture retailers. Subject to the information and consultation process with the competent workers’ council and customary regulatory approvals, the transaction would be expected to close in the second half of 2016. If completed, it is expected that Sir Terry Leahy , Senior Advisor to CD&R funds and former CEO of Tesco plc, would assume a senior role which could include the role of Chairman of the Board […]