Technicals

Weatherford (WFT) in Focus: Stock Moves 6.5% Higher

Weatherford International plc WFT was a big mover last session, as the company saw its shares rise roughly 7% on the day. Shares moved up after the company priced an offering of $1.1 billion of exchangeable senior notes due 2021 with a 5.875% interest rate. This led to solid volume too with far more shares changing hands than in a normal session. […]

Technicals

Should You Get Rid of Cal-Maine Foods (CALM) 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. […]

Technicals

Is Global Payments (GPN) a Great Growth Stock?

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 Global Payments Inc. […]

Technicals

Amarin (AMRN) Looks Good: Stock Adds 6.7% in Session

Amarin Corporation plc AMRN was a big mover last session, as the company saw its shares rise almost 7% on the day. The move came on solid volume with far more shares changing hands than in a normal session. This continues the recent uptrend for the company since May 12, as the stock is now up almost 37% […]

Mergers & Acquisitions

BNC Bancorp Announces Receipt of Merger Regulatory Approvals

BNC Bancorp Announces Receipt of Merger Regulatory Approvals PR Newswire HIGH POINT, N.C., June 3, 2016 HIGH POINT, N.C. , June 3, 2016 /PRNewswire/ — BNC Bancorp (the “Company,”) (NASDAQ: BNCN), the holding company for Bank of North Carolina , today announced it has received all the necessary regulatory approvals from the Federal Reserve Board, the Federal Deposit Insurance Corporation (“FDIC”), the North Carolina Officer of the Commissioner of Banks and the South Carolina State Board of Financial Institutions for the previously announced merger transaction between the Company and Southcoast Financial Corporation (NASDAQ: SOCB), the holding company for Southcoast Community Bank. The transaction has also been approved by the shareholders of Southcoast […]

Momentum Stocks

Bear of the Day: Sony (SNE)

When I think about consumer electronics companies I think about innovation. I think about awesome devices that enrich our lives. I love checking out the newest gadgets available […]

Momentum Stocks

Bull of the Day: Weight Watchers (WTW)

Sometimes all a company needs is a shot in the arm. The right spokesperson, the right idea, or the right marketing campaign can turn things around on a dime. Even the right activist investor can come and shake things up, getting a company going in the right direction […]

Technicals

Banco Macro (BMA) Looks Good: Stock Adds 5.2% in Session

Banco Macro S.A BMA was a big mover last session, as the company saw its shares rise over 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $59.47 to $63.71 in the past one-month time frame. […]

Stock Analysts

Medtronic (MDT) Posts Solid Q4; Covidien Synergy Continues

On Jun 3, 2016, we issued an updated research report on Medtronic plc MDT . The company ended fiscal 2016 on a promising note with fourth-quarter earnings and revenues both surpassing the Zacks Consensus Estimate. Foreign exchange headwinds still remained significant, negatively impacting revenues by $179 million […]

Stock Analysts

Zumiez (ZUMZ) Posts Q1 Loss; May Comps Slide, Stock Down

Shares of Zumiez Inc. ZUMZ dropped 9.4% in the after-hours trading session following the company’s first-quarter fiscal 2016 results, wherein both the top and bottom lines fell on a year-over-year basis. Moreover, this Zacks Rank #4 (Sell) company posted dismal comparable store sales (comps) data for May and issued a drab second-quarter outlook. […]