Month: June 2016

Lockheed Martin Corp. LMT has secured a U.S. […]

When the concept of a Dash push-button service was announced, many believed it to be an April Fool’s joke. But Amazon.com, Inc. […]

As majority of Britons voted in favor of leaving the European Union, real estate investment trust (REIT) – Gramercy Property Trust GPT – declared its direct exposure to the British pound. The company revealed that its capital exposure stands at £36 million, while current net operating income (NOI) is £2 million. Amid this, shares of Gramercy fell 0.99% during Friday’s trading session on the NYSE […]

Shares of cigarette manufacturer Altria Group Inc. MO hit a new 52-week high of $68.00 on Jun 24, recording a healthy year-to-date return of 8.33%. […]

Spanish telecom behemoth Telefonica SA TEF is facing the brunt of Brexit, Britain’s vote to leave the European Union. According to Bloomberg, the company is considering seriously to postpone the planned initial public offering (IPO) of its Telxius infrastructure unit and the possible IPO of its U.K. wireless unit O2 […]

United Technologies Corp. UTX recently announced Vince Campisi as its new Senior Vice President, Digital, and Chief Information Officer. Per the declaration, Campisi will take charge of his office from Jun 27, 2016. […]

Why is everyone, right from the top brass to research analysts, excited about earnings? This is simply because earnings are a measure of the money a company is making. In other words, take a company’s revenue over a given period of time, subtract the cost of production and, there it is, you have earnings! It not only determines how affluent the company’s shareholders are, but also influences a company’s share price […]

On Jun 24, 2016, we issued an updated research report on Ameriprise Financial, Inc. AMP . Despite the company’s strong capital position and continued focus on business growth, estimates have been declining lately, prior to the second-quarter earnings release given the continued equity market volatility and outflows in the Asset Management segment. […]

8point3 Energy Partners LP CAFD is slated to report second-quarter fiscal 2016 results on Jun 29, 2016. Last quarter, the partnership had posted a positive earnings surprise of 307.69%. 8point3 Energy is a limited partnership formed by First Solar Inc. […]

Nordstrom Inc. JWN has decided to shut down its full-line store at Horton Plaza Store in San Diego, CA. After enjoying nearly 31 years of patronage from the customers at Horton Plaza, since 1985, this store will cease to operate from Aug 26, 2016. […]

I think globally each week. Do you? Follow me on Twitter @johnblank100 As I wrote this week’s Global Week Ahead, I started laughing out here in California. […]

Diversified utility PPL Corporation PPL announced that the decision of British citizens to move out of the European Union is not going to impact its existing operations in the U.K. PPL Corporation through its regulated distribution network serves nearly 7.8 million customers across 21,600 square miles in Wales and southwest and central England. United Kingdom Exposure Utilities operating in the U.S. […]