Month: June 2016

When the markets are choppy with rampant global growth concerns, investors generally look for both income and growth in their portfolios. This can easily be achieved by honing in on stocks that not only pay dividends but also consistently increase their payout. […]

“It is far better to buy a wonderful company at a fair price than a fair company at a wonderful price.” – Warren Buffet. The strategy is quite simple – find stocks that are trading below their inherent worth. […]

A company with a favorable liquidity position always has the potential to provide higher returns, as liquidity supports the company’s business growth. It indicates a company’s capability of meeting its debt obligations by converting its assets into liquid cash and equivalents. However, one should be careful about investing in a stock with a high liquidity level as it may also indicate that the company is failing to utilize its assets efficiently. […]

It seems that Wal-Mart Stores Inc . WMT is leaving no stone unturned to get a stake in the delivery space. Most recently, the retail giant announced that it will partner with ride hailing services Uber and Lyft for speedy online grocery deliveries and to better compete with rival Amazon.com, Inc. […]

The U.S. equity markets closed lower on Friday mainly led by a fall in financial stocks. More importantly, the 24-company KBW Bank Index declined 2.3% primarily due to the disappointing May jobs report […]

Jones Lang LaSalle Inc. JLL – which shortened its name to “JLL” – announced the acquisition of Merritt & Harris, Inc. […]

Shares of HB Fuller Co. FUL reached a new 52-week high of $46.60 on Jun 3, before closing the trading session slightly lower at $46.53. This apex improved upon the last 52-week high of $46.21 on Jun 2. […]

Shares of Raytheon Company RTN scaled a new 52-week high of $133.98 on Jun 3, before closing a little lower at $133.86. With a market cap of around $39.75 billion, the company has seen its shares gain roughly 8.7% in the past one year, outperforming the 2.7% gain of the S&P 500 over the same period. […]

Vornado Realty Trust VNO recently sold a 47% stake in 7 West 34th Street, which is a 477,000 square feet Manhattan office building, to sovereign wealth fund, Korea Post at a value of $561 million. The company also completed a $300 million recourse financing of the property. As a result of the move, the company is set to experience a financial statement gain of $203 million, of which $160 million is to be recognized in second-quarter 2016, the company said in a press release on Jun 2. […]

We expect The J. M. Smucker Company SJM to beat expectations when it reports fiscal fourth-quarter 2016 results before the opening bell on Jun 9. […]

Shares of Synopsys Inc. SNPS have been gaining solid momentum of late. […]

Shares of gun makers like Smith & Wesson Holding Corporation SWHC and Sturm, Ruger & Co. RGR were down on Friday, Jun 3, after the FBI’s National Instant Criminal Background Check System, or, NICS reported an almost 13% drop in firearm background checks in May compared to the prior month. Overall, the FBI reported 1.87 million background checks in May, down 12.9% from 2.15 million in April […]

Statoil ASA STO on behalf of the Johan Sverdrup licensees has awarded the contract for the construction of three bridges and two flare towers to Rosenberg WorleyParsons AS. The contract is worth nearly NOK 600 million. The three bridges and two flare towers will be constructed and assembled primarily in Stavanger […]

On Jun 3, 2016, we issued an updated research report on Colorado-based SM Energy Company SM . We expect SM Energy’s attractive oil and gas investments, balanced and diverse portfolio of proved reserves and development drilling opportunities to create long-term value for shareholders. […]

On Wednesday, June 8th, Restoration Hardware will release earnings for Q1 of fiscal year 2016. Restoration Hardware (RH) is a Zacks Rank #4 (Sell). Join Zacks Editor David Bartosiak on Wednesday at 3:00 pm EST on Facebook Live for a preview of Restoration Hardware earnings along with real-time trade ideas […]

AbbVie Inc. ABBV was present at the ongoing annual meeting of the American Society of Clinical Oncology (ASCO) with early-stage data on a couple of its pipeline candidates – ABT-414 and rovalpituzumab tesirine (Rova-T). […]