Stock Analysts

Pilgrim’s Receives State Approval for Expansion Project

Premium consumer goods company Pilgrim’s Pride Corporation PPC has gained a state approval for an expansion project at its Mayfield, KY-based poultry processing complex. The project would further solidify the company’s presence in Kentucky. Work on the project is scheduled to commence from Oct 12, 2016 […]

Stock Analysts

Newell Brands Looks Promising: Invest in the Stock Now

Newell Brands Inc. NWL , one of the leading global manufacturers and marketers of home and office products, has emerged as an attractive investment opportunity for investors, backed by its strong portfolio of well-established brands such as Sharpie, Parker, Waterman, Lenox, and many more. The merger with Jarden Corp. […]

Stock Analysts

Hershey Recalls SoFit Items on Supplier Contamination Issues

The Hershey Company HSY recently announced a voluntary recall of three SoFit products due to an expanded supplier recall of sunflower seeds. Hershey’s supplier, SunOpta, issued a recall earlier this month on discovering that the sunflower seeds produced by it may be contaminated with Listeria monocytogenes infection. As an act of caution, Hershey recalled SoFit snack products that included a sunflower seed item as well as an almond and a pumpkin seed item manufactured on the same equipment […]

Stock Analysts

Pinnacle West (PNW) Hits 52-Week High on Economic Growth

Pinnacle West Capital Corporation PNW scaled a new 52-week high of $76.26 during Friday’s trading session, and closed slightly lower at $75.76. This Phoenix, AZ-based company supplies electricity services throughout the state of Arizona via its subsidiaries. The stock has delivered a one-year return of about 34.1% […]

Stock Analysts

Why is McDonald’s Offering Buyouts to Corporate Employees?

Per a recent Crain’s Chicago Business report, Oak Brook, IL-based McDonald's Corp. MCD will start offering voluntary buyouts to several employees at its corporate headquarters, beginning late July. Out of the company’s total workforce of 2,000, over 400 employees at the director level and above will likely be entitled to buyouts, wherein workers will be offered severance packages on the basis of their salary and span of service […]

Technicals

How QVC Group (QVCA) Stock Stands Out in a Strong Industry

One stock that might be an intriguing choice for investors right now is QVC Group QVCA . This is because this security in the Retail-Mail Order & Direct 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

Why Exa Corporation (EXA) Could Be a Potential Winner

It commonly happens in stock investing that investors miss the chance of buying winning stocks that they knew would stand out. Before they take the plunge, others get to know the hidden potential and enter into these stocks, pushing them out of reach. So, instead of repenting, spotting the off-the-radar potential winners and immediately investing in them could be a smart decision […]

Mergers & Acquisitions

Tunnel Hill Partners Completes Combination with the Connecticut and Somers, NY Operations of City Carting Holding Company to Create one of the Largest Integrated Waste Companies in the Northeast

Tunnel Hill Partners Completes Combination with the Connecticut and Somers, NY Operations of City Carting Holding Company to Create one of the Largest Integrated Waste Companies in the Northeast Expands footprint in disposal-constrained Northeast and increases scale of operations. Realizes a larger, more diversified customer base with predictable recurring cash flows. Increases overall percentage of municipal waste managed by Company […]

Mergers & Acquisitions

Voya Financial Commences Cash Tender Offer for Debt Securities

Voya Financial Commences Cash Tender Offer for Debt Securities PR Newswire NEW YORK, June 6, 2016 NEW YORK , June 6, 2016 /PRNewswire/ — Voya Financial, Inc. (NYSE: VOYA) (“Voya” or the “Company”) announced today that it has commenced a cash tender offer for up to $800,000,000 of combined aggregate purchase price (exclusive of accrued interest) (the “Tender Cap”) across five series of notes and debentures of Voya and one of its subsidiaries, Voya Holdings, Inc. […]