Technicals

New Strong Sell Stocks for June 30th

Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today: · Agrium Inc. AGU produces, markets, and distributes crop nutrients, crop protection products, seeds, and merchandise products primarily in the United States, Canada, Australia, and South America. The Zacks Consensus Estimate for its current year earnings has been revised 2.7% downward over the last 30 days. […]

Mergers & Acquisitions

CPG Announces Closing Conditions Satisfied for Acquisition by TransCanada

CPG Announces Closing Conditions Satisfied for Acquisition by TransCanada PR Newswire HOUSTON, June 30, 2016 HOUSTON , June 30, 2016 /PRNewswire/ — Columbia Pipeline Group, Inc. (NYSE: CPGX) (“CPG”) today announced that, on the morning of June 30, 2016 , TransCanada Corporation (TSX: TRP) (NYSE: TRP) (“TransCanada”) and CPG held a closing with respect to the acquisition of CPG by TransCanada, at which time the parties confirmed that all conditions to the closing of the merger were satisfied. After the closing, the parties filed a certificate of merger with the Secretary of State of the State of Delaware , which provides that the merger will become effective at 12:01 a.m., Eastern Daylight Time , on July 1 , 2016 […]

Technicals

How Murphy Oil (MUR) Stock Stands Out in a Strong Industry

One stock that might be an intriguing choice for investors right now is Murphy Oil Corporation MUR . This is because this security in the Oil & Gas – US Exploration & Production 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. […]

Technicals

Why Nucor Corporation (NUE) Could Be a Potential Winner

It commonly happens in stock investing that investors miss the chance of buying winning stocks that they knew would stand out. Before they take the plunge, others get to know the hidden potential and enter into these stocks, pushing them out of reach. So, instead of repenting, spotting the off-the-radar potential winners and immediately investing in them could be a smart decision. […]

Stock Analysts

General Mills Scales a 52-Week High on Strong Q4 Results

Shares of General Mills, Inc. GIS touched a new 52-week high of $67.91 on Jun 29 following impressive fourth-quarter fiscal 2016 results, before market open. Investors are also encouraged by the food company’s decision to raise its quarterly dividend by 4% and hike its cost saving target from various restructuring projects. […]

Stock Analysts

Stress Test Results: 31 Banks Rejoice, 2 Fail to Clear

Following the release of the Dodd-Frank Act supervisory stress test 2016 (DFAST 2016) results last week, the Federal Reserve approved the capital plans of 30 financial institutions out of 33 in the Comprehensive Capital Analysis and Review (CCAR). However, the capital plans of two of the remaining three have been rejected based on certain qualitative concerns, while the third plan received conditional consent on resubmission by Dec 29. The Fed’s nod to most of the major U.S. […]

Stock Analysts

Omnicom Unit Forms DDB Health & Appoints Josh Prince CEO

Omnicom Group Inc. OMC , the world’s leading advertising, marketing and corporate communications company, recently announced that its healthcare segment, Omnicom Health Group, has created DDB (Diagnostic Devices Branch) Health. This new unit will combine several professional healthcare agencies across the U.S. […]