Stock Analysts

5 Best PEG Stocks Value Investors Will Love Right Now

Not a single investor this era can casually overlook any of the investment picks and market tips of the Oracle of Omaha. If we delve deeper into how Warren Buffet became the most successful value investor of the 21st century — it is not difficult to realize the huge significance of the “intrinsic value” of the stock that does most of the tricks. One wonders how this single term has managed to successfully continue as the fundamental value investing mantra for so long despite all kinds of vagaries of the market. […]

Stock Analysts

Fair Isaac & TransUnion Team Up to Launch Auto Score 9 XT

Fair Isaac Corporation FICO , an analytics software firm, recently declared the availability of FICO Auto Score 9 XT in collaboration with TransUnion TRU . This new system analyzes up to a month’s "trended" credit data, which will use TransUnion CreditVision Data to create a more accurate score based on recent trends in a consumer's financial behavior. This latest system is designed to address both lenders and consumers […]

Stock Analysts

Goldman (GS) Lays off Executives in Investment Banking Unit

According to Bloomberg , The Goldman Sachs Group, Inc. GS has retrenched employees in the investment banking division in London, New York and Hong Kong in the wake of reduced deals and 60% slump in first-quarter profits. Notably, the positions include that of managing directors, executive directors and vice presidents in the mergers and debt and equity capital markets units. […]

Economic Data

ADP Sets Table for Jobs Report with Gain of 173K

Thursday, June 2, 2016 This morning’s Automatic Data Processing, or ADP ADP , results for May has come out slightly ahead of expectations at 173K private sector jobs for the month. April’s total was revised upward 10K to 166K. This looks to continue the “plod-along” economy we’ve grown accustomed to these past few years […]

Economic Data

ADP Data Raised Fed Hike Chances

This morning’s Automatic Data Processing, or ADP ADP , results for May has come out slightly ahead of expectations at 173K private sector jobs for the month. April’s total was revised upward 10K to 166K. This looks to continue the “plod-along” economy we’ve grown accustomed to these past few years. […]

Technicals

New Strong Sell Stocks for June 2nd

Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today: • Columbia Pipeline Partners LP CPPL is engaged in owning, operating and developing natural gas transmission pipelines, storage and related midstream assets. The Zacks Consensus Estimate for its current year earnings has been revised 1.4% downward over the last 30 days. • ePlus inc. […]

Technicals

Is TopBuild (BLD) Stock a Solid Choice Right Now?

One stock that might be an intriguing choice for investors right now is TopBuild Corp. BLD . This is because this security in the Building & Construction Products – Miscellaneousspace is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective. […]

Mergers & Acquisitions

Vulcan Real Estate to Buy Redbury Hollywood for $40.9 Million

Vulcan Real Estate to Buy Redbury Hollywood for $40.9 Million sbe Retains Management of Hotel, Its Popular Brands Continue to Appeal to Investors PR Newswire LOS ANGELES, June 2, 2016 LOS ANGELES , June 2, 2016 /PRNewswire/ — sbe , the Los Angeles -based leading lifestyle hospitality company that develops, manages and operates award-winning hospitality venues, today announced the sale of The Redbury Hotel in Los Angeles, California for $40.9 million . The 57-room boutique hotel at the iconic corner of Hollywood and Vine was sold to 1717 Vine LLC, an entity related to Seattle -based Vulcan Inc. The property is a luxury all-suites hotel that includes the distinctive and highly popular Cleo restaurant. […]

Mergers & Acquisitions

Credit Data Solutions Set to Acquire Top Tier Mortgage Credit Reseller with History of Long-term Excellence

Credit Data Solutions Set to Acquire Top Tier Mortgage Credit Reseller with History of Long-term Excellence PR Newswire SAN DIEGO, June 2, 2016 SAN DIEGO , June 2, 2016 /PRNewswire/ — Credit Data Solutions, LLC, D/B/A Service 1st Information Systems, Statewide Credit and Credit Bureau of San Diego is poised to purchase and integrate the assets of Credit Bureau of Santa Maria , Inc., D/B/A The Credit Bureau of San Luis Obispo and Santa Barbara Counties, Statewide Credit, and Service 1st Information Systems into its corporate configuration. Acquisition of this highly respected credit reseller offering mortgage, business and consumer credit reports, tenant screening, and employment background screening will help propel the current growth of Credit Data Solutions. As a company building on nearly a century of success in the mortgage and consumer credit industry, Credit Data Solutions delivers a unique experience to customers based on a legacy of serving the specific needs of individuals. […]

Mergers & Acquisitions

S&P Global Platts Acquires RigData

S&P Global Platts Acquires RigData PR Newswire NEW YORK, June 2, 2016 NEW YORK , June 2, 2016 /PRNewswire/ — S&P Global Platts, the leading independent provider of information and benchmark prices for the commodities and energy markets, announced today that it has acquired RigData, a provider of daily information on rig activity for the natural gas and oil markets across North America . The purchase extends the S&P Global Platts energy analytical capabilities by strengthening its position in natural gas and enhancing the company’s oil offering. Financial terms were not disclosed […]

Mergers & Acquisitions

Integrated Advisory Group, a Leading Boutique M&A Advisory Firm, Is Very Pleased to Announce the Sale of Its Client RTW Management to Glide Transportation

Integrated Advisory Group, a Leading Boutique M&A Advisory Firm, Is Very Pleased to Announce the Sale of Its Client RTW Management to Glide Transportation PR Newswire CARROLLTON, Texas, June 2, 2016 CARROLLTON, Texas , June 2, 2016 /PRNewswire/ — Headquartered in Salt Lake City UT, RTW Management is a National, GSA-certified transportation company Specializing in: Photo – http://photos.prnewswire.com/prnh/20160602/374694 Fixed-route shuttle service Non-emergent & ambulatory transportation Para-transit Public busing for municipalities, state parks and national parks Airport shuttle service “We are very proud of what we have accomplished with this acquisition,” commented Jason Hullender , President and Managing Partner of Integrated Advisory Group. “Through this acquisition, the company will have a greater range of service areas and improved its position as a leading shuttle service provider.” George Goates , President of Glide Transportation, added: “RTW has a great reputation and Walt has built a fantastic team. Glide will take this company to the next level, bidding on or larger projects […]

Stock Analysts

Intercontinental Exchange Weak Trading Volumes a Drag

On Jun 1, 2016, we issued an updated research report on Intercontinental Exchange, Inc. ICE . Low interest rates and demand for low-priced products have been reducing trading volumes, thereby posing risks to transaction and clearing revenues that account for the majority of the company’s top line […]