We are seeing some bounce-back this morning following two dire days in the stock market. Futures in the U.S. are up ahead of the opening bell, and markets across the pond — FTSE, German DAX and French CAC — are all up 2.5% overnight. […]
One stock that might be an intriguing choice for investors right now is Chesapeake Energy Corporation CHK . This is because this security in the Oil & Gas – US Exploration & Productionspace is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective. […]
Carnival Corporation CCL is one of the largest cruise operators in the world and operates through three segments, North America cruise brands, EAA cruise brands and Cruise Support. Carnival has adopted a strategy to grow beyond its familiar itineraries and capitalize on Asian opportunities. […]
Tuesday, June 28, 2016 We are seeing some bounce-back this morning following two dire days in the stock market. Futures in the U.S. […]
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today: • Advanced Drainage Systems, Inc. WMS is a manufacturer of thermoplastic corrugated pipe, providing a comprehensive suite of water management products and drainage solutions. The Zacks Consensus Estimate for its current year earnings has been revised 11.2% downward over the last 30 days. […]
B Communications Ltd. Announces Final Results of the Modified Dutch Auction Tender Offer for a Portion of its 7 3/8% Senior Secured Notes due 2021 By B Communications (SP4) LP PR Newswire RAMAT GAN, Israel, June 28, 2016 RAMAT GAN , Israel , June 28, 2016 /PRNewswire/ — B Communications Ltd. […]
HighTower Merges with J.M. Egan Wealth Advisors Team will operate offices in New York and New Jersey as The Egan Group at HighTower PR Newswire CHICAGO, June 28, 2016 CHICAGO , June 28, 2016 /PRNewswire/ — HighTower announced today its merger with J.M. Egan Wealth Advisors, an RIA with offices in Sea Girt and Madison, N.J […]
On Jun 27, we issued an updated research report on Netherlands-based chemical giant, LyondellBasell Industries LYB . LyondellBasell’s adjusted earnings for first-quarter 2016 topped the Zacks Consensus Estimate. […]
Medical device major Medtronic plc MDT has made a mega investment in a bid to expand its portfolio in the huge and expanding worldwide market of heart failure. The company recently entered into a merger agreement with Heartware International Inc. […]
In line with its expansion strategy, Wintrust Financial Corporation WTFC inked a deal to acquire around $581 million in performing loans and related relationships from GE Capital Franchise Finance, a subsidiary of General Electric Company GE . The loans are related to GE Capital’s restaurant franchise finance business, mainly quick service restaurant concepts in the Midwest and in the Western region of the U.S. Wintrust Financial entered into the deal though its unit Wintrust Franchise Finance which has market presence for around 15 years and serves over 100 clients in the nation […]
As per a media release, MetLife Inc. MET along with Massachusetts Mutual Life Insurance Co. […]
On Jun 28, we issued an updated research report on Unum Group UNM . Unum boasts being an ace disability income writer and the second-largest writer of voluntary business in the United States. Its conservative pricing and reservation practices have contributed to its overall profitability over years […]
Internet stocks with strong earnings continue to fare better than the other sectors. The fact that they are unaffected by the overall impact of low oil prices is a major reason for this. […]
We have recently issued an updated research report on specialty contracting services provider, Dycom Industries Inc. DY , on Jun 27 and have ample reasons to believe the stock can be an attractive addition to your portfolio now. […]
SunPower Corporation SPWR announced that it has manufactured a new solar panel, the X-Series panel, with 24.1% efficiency, breaking its previous world record for panels using silicon cells. The test for efficiency was conducted by the U.S. […]
On Jun 27, we issued an updated research report on Accenture plc ACN . The company recently delivered better-than-expected results for the third quarter of fiscal 2016. Moreover, revenues increased on a year-over-year basis due to increased focus on the Consulting and Outsourcing business and new bookings. […]
Aerojet Rocketdyne Holdings, Inc. ’s AJRD subsidiary, Aerojet Rocketdyne is realigning its business units and is planning to set up the new Defense business headquarters in Huntsville, AL. The initiative will see the company merging its six business units into two – Space and Defense. […]
On Jun 27, we issued an updated research report on The Cheesecake Factory Incorporated CAKE . The company operates through two segments, The Cheesecake Factory and Other (includes Grand Lux cafe, outside bakery sales, international licensing). Notably, Cheesecake Factory restaurants have posted positive comps in 25 consequent quarters […]
Leading wireless semiconductor company, Skyworks Solutions Inc. SWKS , recently announced that it has been chosen by the Chinese multinational electronics goods manufacturer, Huawei, to install a broad suite of its products in the latter’s flagship P9 and P9 Plus smartphones. Per the deal, Skyworks will enable these smartphones with its highly advanced modules. […]
DENTSPLY Sirona Inc. XRAY is set to acquire Israel-based MIS Implants Technologies for $375 million in cash. The transaction is expected to be accretive to adjusted earnings within the first twelve months of the deal closure. […]
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