Stock Analysts

Regeneron Reports Interim Data on Cholesterol Lowering Drug

Regeneron Pharmaceuticals, Inc. REGN announced that positive preliminary results from an ongoing, single-arm, open label, phase II proof-of-concept study on evinacumab in patients suffering from homozygous familial hypercholestrolemia (HoFH) were presented at the European Atherosclerosis Society Congress. […]

Momentum Stocks

Bull of the Day:Lear Corporation (LEA)

The auto parts industry continues to benefit from surging auto sales, which are currently running at a decade high, thanks to still low gas prices and easily available credit. Lear Corporation ( LEA ) reported excellent quarterly results, sending estimates higher and the stock to a Zacks Rank #1 (Strong Buy). Based in Southfield, MI, Lear is a leading global supplier of automotive seating and electrical systems. […]

Stock Analysts

Scana’s Unit Files Petition to Modify Capital Cost Schedule

Scana Corporation ’s SCG affiliate, South Carolina Electric & Gas Company (“SCE&G”), has filed a petition with the Public Service Commission of South Carolina (SCPSC). According to the filing, the subsidiary has sought permission to modify its capital cost schedule along with the construction milestone schedule for V.C. Summer Units 2 and 3, the two Westinghouse AP1000 nuclear plants being constructed at the V.C […]

Stock Analysts

Deutsche Bank’s Postbank IPO on Hold, Seeks "Creative" Exit

In a bid to boost capital levels, Deutsche Bank AG ’s DB efforts to deconsolidate its retail unit – Deutsche Postbank AG – seem to get further delayed. John Cryan who took over his position as the sole Chief Executive Officer (CEO) of the bank after Jürgen Fitschen stepped down as Co-CEO earlier this month, is looking for “creative” solutions to exit Postbank. Citing Cryan’s remarks at an investor conference in New York on Tuesday, a report by Bloomberg stated that the company’s previous plan for an initial public offering of Postbank is currently on hold. […]

Stock Analysts

Jacobs Awarded Design and Construction Contract by AFCEC

Jacobs Engineering Group Inc. JEC has recently secured an architect-engineering (A-E) 2013 design and construction services (DCS) contract from the Air Force Civil Engineer Center (‘AFCEC’) based at Texas. The estimated gross value of the indefinite-delivery/indefinite-quantity is $950 million. […]

Technicals

Why Kennametal (KMT) Stock Might be a Great Pick

One stock that might be an intriguing choice for investors right now is Kennametal Inc. KMT . This is because this security in the Machine-Tools & Related Products space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective […]

Technicals

New Strong Sell Stocks for June 1st

Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today: • CVB Financial Corp. CVBF is a holding company for Citizens Business Bank which offers a range of banking services. The Zacks Consensus Estimate for its current year earnings has been revised 2% downward over the last 30 days. […]

Mergers & Acquisitions

RiceBran Technologies Signs Exclusive Multi-Year Agreement with Organic By Nature, Inc. to Supply Organic RiSolubles

RiceBran Technologies Signs Exclusive Multi-Year Agreement with Organic By Nature, Inc. to Supply Organic RiSolubles Sales from the new exclusive supply agreement are expected to trigger the acquisition of RBT stock at $2.80 per share by Narula Group PR Newswire SCOTTSDALE, Arizona, June 1, 2016 SCOTTSDALE, Arizona , June 1, 2016 /PRNewswire/ — RiceBran Technologies (NASDAQ: RIBT and RIBTW) (the “Company” or “RBT”), a global leader in the production and marketing of value added products derived from rice bran, today announced that the Company has entered into a 3 1/2 year exclusive supply agreement (the “Agreement”) with Organic by Nature, Inc. (“Organic by Nature”), a Long Beach, California based company specializing in organic and natural superfood supplements. […]

Mergers & Acquisitions

Funds Advised by Apax Partners to Acquire Agencyport Software; Acquisition to Expand Duck Creek Technologies’ Engagement with Property and Casualty Insurers, Agents, Brokers, and Customers

Funds Advised by Apax Partners to Acquire Agencyport Software; Acquisition to Expand Duck Creek Technologies’ Engagement with Property and Casualty Insurers, Agents, Brokers, and Customers Market-leading, front-end digital distribution technology provides independent portal technology that is easy to use, increases multi-channel interactions, and reduces integration and customization costs PR Newswire NEW YORK, June 1, 2016 NEW YORK , June 1, 2016 /PRNewswire/ — Apax Partners, a leading global private equity firm, today announced that funds advised by Apax have agreed to acquire Agencyport, the leading provider of digital distribution technology for the property and casualty insurance industry. The acquisition is being made in connection with the formation of Duck Creek Technologies, a joint venture between Accenture and Apax Partners that will operate as an independent company focused on driving innovation in insurance software. […]

Technicals

Cliffs Natural Resources (CLF) Jumps: Stock Rises 39.4%

Cliffs Natural Resources, Inc. CLF was a big mover last session, as the company saw its shares rise over 39% on the day. The upside followed the news that JPMorgan upgraded the iron ore producer's shares to OVERWEIGHT from NEUTRAL and a new long-term iron ore supply agreement with ArcelorMittal USA LLC […]

Technicals

Is Gorman-Rupp (GRC) Stock a Solid Choice Right Now?

One stock that might be an intriguing choice for investors right now is Gorman-Rupp Co. GRC . 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 […]