Box, Inc. BOX reported loss of 31 cents per share in first-quarter fiscal 2017, lower than the Zacks Consensus Estimate of a loss of 39 cents. Adjusted loss per share excludes one-time items but includes stock-based compensation expense […]
Weak U.S. sales data for May raised concerns in the auto sector over the last few days. Meanwhile, recalls were announced for nearly 16.4 million more vehicles with defective Takata airbags. […]
In the past couple of years, The Coca-Cola Company KO has been making investments in growing companies and the beverage industry. These investments in newer revenue platforms are expected to boost Coca-Cola’s long-term sales and profits by diversifying beyond its carbonated beverages which are experiencing a declining demand due to their high calorie content. On Wednesday, Coca-Cola and its largest Latin American bottler Coca-Cola Femsa SAB KOF announced that they have reached an agreement with consumer products giant Unilever Plc UL to buy the AdeS soy-based beverage business of the latter for about $575 million. […]
The Gap Inc. GPS posted another month of dismal results as comparable store sales (comps) and sales numbers declined for the four weeks ending May 28, 2016. However, the market responded positively as the stock rose nearly 4.6% in afterhours trading, mainly on the back of management’s statement that sales and comps will improve in June given the shift in the Memorial Day holiday weekend, which was in May last year […]
Noble Energy NBL finally received regulatory approval from the Israeli government to develop a fixed platform for the Leviathan field offshore Israel. The approved Plan of Development (“POD”) will allow a subsea system that will connect the production wells to a fixed platform located offshore with tie-in onshore in the northern part of Israel. Noble Energy believes that the fixed platform will provide several benefits including allowing it to better match the timing of capital with the pace of contracted demand and can expand the scale of operation as per requirement […]
Johnson & Johnson JNJ announced that Johnson & Johnson Consumer Inc. has entered into a definitive agreement under which it will acquire a privately held company Vogue International in a deal worth about $3.3 billion in cash. […]
Northrop Grumman Corp. NOC has received a contract from the U.S. […]
A former product manager at Alphabet Inc. GOOGL owned Nest Labs has filed a federal-level complaint against both Google and Nest claiming that he was fired on unfair grounds. The complaint filed with the National Labor Relations Board (NLRB) alleges that he was fired for posting comments against Nest CEO Tony Fadell and that both Google and Nest are trying to block worker’s voices through illegal surveillance […]
The largest U.S. health insurer UnitedHealth Group Inc. […]
Shares of Oracle Corporation ORCL fell 3.97% in yesterday’s trading session, after the company was named in a lawsuit by a former employee. On Wednesday, Oracle’s former senior Finance Manager, Svetlana Blackburn filed a lawsuit against the company. Blackburn alleged that the company had terminated her service when she resisted some manipulative accounting practices in Oracle’s cloud-computing business. […]
Ushering in good news for Welltower Inc. HCN , Moody's Investors Service, the rating arm of Moody's Corp. MCO , announced that it has upgraded the company’s senior unsecured debt rating to Baa1 from Baa2 and preferred stock rating to Baa2 from Baa3 […]
Aegion Corporation AEGN declared that it has won an $8 million contract from the City of Montgomery, Alabama for its Infrastructure Solutions platform. The contract is for the second and final phase of a wastewater pipeline rehabilitation project located in the Econchate Basin. […]
Water and wastewater service provider Aqua America Inc. WTR hit a new 52-week high of $33.00 during yesterday’s trading session before closing a tad lower at $32.99. […]
GlaxoSmithKline plc GSK with partner, Innoviva, Inc. INVA , announced that it has accelerated the timeline for filing a New Drug Application (NDA) for the once-daily closed triple combination therapy (FF/UMEC/VI) for the treatment of patients with chronic obstructive pulmonary disease (COPD). The closed triple therapy is a combination of an inhaled corticosteroid (fluticasone furoate/FF), a long-acting muscarinic antagonist (umeclidinium/UMEC) and a long-acting beta agonist (vilanterol/VI). […]
QIAGEN Announces Second Offer Extension for the Acquisition of Shares in Exiqon A/S Offer for DKK 18 per share remains valid until 20 June 2016 PR Newswire VENLO, The Netherlands, June 3, 2016 VENLO, The Netherlands , June 3, 2016 /PRNewswire/ — QIAGEN N.V. (NASDAQ: QGEN; Frankfurt Prime Standard: QIA) today announced another extension of the Offer Period for the acquisition of Exiqon A/S, a world leader in RNA technology. On 18 April 2016 , QIAGEN N.V. […]
Gray To Acquire #1 Ranked Television Stations In Green Bay And Davenport Markets PR Newswire ATLANTA, June 3, 2016 ATLANTA , June 3, 2016 /PRNewswire/ — Gray Television, Inc. (“Gray,” “we,” “us” or “our”) (NYSE: GTN and GTN.A) announced today that it has reached an agreement with Nexstar Broadcasting Group, Inc. (“Nexstar”) to acquire, for $270 million in cash, two television stations that Nexstar will divest upon its merger with Media General, Inc.: WBAY (ABC), in Green Bay, Wisconsin , and KWQC (NBC) in Davenport, Iowa , both currently owned and operated by Media General […]
One stock that might be an intriguing choice for investors right now is Middleby Corporation MIDD . This is because this security in the Machinery-General-Industrial 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. […]
Growth stocks can be some of the most exciting picks in the market, as these high-flyers can captivate investors’ attention, and produce big gains as well. However, these can also lead on the downside when the growth story is over, so it is important to find companies which are still seeing strong growth prospects in their businesses. One such company that might be well-positioned for future earnings growth is Dave & Buster's Entertainment, Inc. […]
Growth stocks can be some of the most exciting picks in the market, as these high-flyers can captivate investors’ attention, and produce big gains as well. However, these can also lead on the downside when the growth story is over, so it is important to find companies which are still seeing strong growth prospects in their businesses. One such company that might be well-positioned for future earnings growth is Burlington Stores, Inc. […]
Growth stocks can be some of the most exciting picks in the market, as these high-flyers can captivate investors’ attention, and produce big gains as well. However, these can also lead on the downside when the growth story is over, so it is important to find companies which are still seeing strong growth prospects in their businesses. […]
Copyright © 2024 | MH Magazine WordPress Theme by MH Themes