Technicals

Cascadian Therapeutics (CASC) Jumps: Stock Rises 10.4%

Cascadian Therapeutics, Inc. CASC was a big mover last session, as the company saw its shares rise over 10% on the day. Shares gained after the company announced the pricing of the previously declared offering of 35,000,000 shares of its common stock at a price of 80 cents per share to the public […]

Technicals

3 Reasons Momentum Stock Investors Will Love Banco Bradesco (BBD)

Many investors like to look for momentum in stocks, but this can be very tough to define. There is great debate regarding which metrics are the best to focus on in this regard, and which are not really quality indicators of future performance. Fortunately, with our new style score system we have identified the key statistics to pay close attention to and thus which stocks might be the best for momentum investors in the near term. […]

Technicals

3 Reasons Why Denbury Resources (DNR) is a Great Momentum Stock

Many investors like to look for momentum in stocks, but this can be very tough to define. There is great debate regarding which metrics are the best to focus on in this regard, and which are not really quality indicators of future performance. Fortunately, with our new style score system we have identified the key statistics to pay close attention to and thus which stocks might be the best for momentum investors in the near term. […]

Technicals

Why Harsco (HSC) Stock Might be a Great Pick

One stock that might be an intriguing choice for investors right now is Harsco Corporation HSC .This is because this security in the Industrial Services space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective. This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the Industrial Services space as it currently has a Zacks Industry Rank of 34 out of more than 250 industries, suggesting it is well-positioned from this perspective, especially when compared to other segments out there. […]

Mergers & Acquisitions

Banco do Brasil S.A. Announces the Early Tender Results of the Tender Offer for its 9.250% Perpetual Non-Cumulative Junior Subordinated Securities

Banco do Brasil S.A. Announces the Early Tender Results of the Tender Offer for its 9.250% Perpetual Non-Cumulative Junior Subordinated Securities PR Newswire SAO PAULO, June 24, 2016 SAO PAULO , June 24, 2016 /PRNewswire/ — BANCO DO BRASIL S.A. (acting through its Cayman Islands branch) (a bank organized as a sociedade de economia mista and accordingly a sociedade por ações incorporated under the laws of the Federative Republic of Brazil ) Offer to Purchase for Cash Up to U.S […]

Stock Analysts

Avery Dennison (AVY) Hits 52-Week High, Gains from Buyouts

Shares of Avery Dennison Corporation AVY crafted a 52-week high of $77.38 on Jun 23. The fresh high came on the back of expected benefits from its focus on productivity, acquisitions and performance of Pressure-sensitive materials. The stock dropped a notch lower at $77.12 at the close of trading yesterday, with a solid one-year return of over 25.6% and year-to-date return of 23.1%. […]

Stock Analysts

Winnebago’s (WGO) Q3 Earnings Beat Estimates, Rise Y/Y

Share price of Winnebago Industries, Inc. WGO increased 0.9% to $23.15 on Jun 23 after the company reported impressive third-quarter fiscal 2016 results. Winnebago recorded earnings of 53 cents per share in the third quarter (ended May 28, 2016) of fiscal 2016, 25.5% higher than 43 cents earned in the prior-year quarter […]

Stock Analysts

FDA Okays Trial for Medtronic’s MRI-Guided Epilepsy Device

Medtronic plc MDT recently won the FDA’s Investigational Device Exemption (IDE) for the SLATE (Stereotactic Laser Ablation for Temporal Lobe Epilepsy) trial, which will evaluate this medical technology giant’s Visualase MRI-Guided Laser Ablation technology. Notably, the Visualase technology helps perform minimally invasive neurosurgery. The IDE has been granted for expansion of the 510 (k)-approved Visualase technology's indication to include patients suffering from drug resistant mesial temporal lobe epilepsy (MTLE). […]

Mergers & Acquisitions

Vistra Group Acquires Ujwal to Further Expand its Footprint in India

Vistra Group Acquires Ujwal to Further Expand its Footprint in India PR Newswire HONG KONG, June 24, 2016 HONG KONG , June 24, 2016 /PRNewswire/ — Vistra Group today announced the acquisition of Ujwal Management Services Private Limited (USMPL), an international business services provider based in Bangalore, India . This is the Group’s second acquisition in India following the announcement of the acquisition of IL&FS Trust Company Limited (ITCL) in April. […]

Mergers & Acquisitions

Brown Gibbons Lang & Company (BGL) Announces the Sale of Riverside Pain Physicians

Brown Gibbons Lang & Company (BGL) Announces the Sale of Riverside Pain Physicians PR Newswire CHICAGO and CLEVELAND, June 24, 2016 CHICAGO and CLEVELAND, June 24, 2016 /PRNewswire/ — Brown Gibbons Lang & Company (BGL) is pleased to announce the sale of Riverside Pain Physicians ( Riverside ), and certain affiliates, to Surgery Partners (NasdaqGS: SGRY). BGL’s Healthcare & Life Sciences team served as the exclusive financial advisor to Riverside in the transaction. The specific terms of the transaction were not disclosed […]