General Mills, Inc. GIS reported better-than-expected fourth-quarter fiscal 2016 results, beating the Zacks Consensus Estimate for both earnings and sales. The food manufacturer raised its quarterly dividend by 4% and also upped its cost saving target from its various restructuring projects […]
Monsanto Company MON reported weak third-quarter fiscal 2016 (ended May 31, 2016) results. Diluted earnings from ongoing business came in at $2.17 per share that missed the Zacks Consensus Estimate of $2.41. The bottom line also decreased from the year-ago figure of $2.51 per share. […]
Rockwell Collins Inc. COL has been awarded a modification contract from the U.S. Navy to provide additional AN/ARC-210 radios and ancillary equipment for domestic as well as foreign allies. […]
Enterprise Products Partners L.P. ’s EPD plant in Pascagoula, MS caught fire on Jun 28 but was brought under control shortly after. The cause of the fire is being investigated. […]
Infinity Pharmaceuticals, Inc. INFI announced that AbbVie Inc. ABBV has exercised its right to terminate the collaboration with the company for the development and commercialization of duvelisib […]
We issued an updated research report on premium meat products company, Hormel Foods Corporation HRL on Jun 28, 2016. The company produces and sells a variety of meat and food products globally. […]
Pfizer Inc. PFE announced that two additional phase III studies (SPIRE-HR and SPIRE-FH) on its PCSK9 inhibitor, bococizumab, have met the primary endpoint in patients at high and very high risk of cardiovascular events. […]
Esperion Therapeutics, Inc. ESPR announced updates on a clinical development program as well as its regulatory plans for lead candidate, bempedoic acid (ETC-1002), for the treatment of patients with elevated low density lipoprotein cholesterol (LDL-C). The program includes pivotal phase III efficacy and safety studies, and a planned global cardiovascular outcomes trial (CVOT) in patients with elevated LDL-C levels who are unable to tolerate statins (statin intolerance). […]
On Jun 28, 2016, we issued an updated research report on MarketAxess Holdings Inc. MKTX . MarketAxess undertakes various growth initiatives to enhance its operations and to diversify its product portfolio. […]
Leading provider of facility solutions, ABM Industries Incorporated ABM , recently announced that it has inked a deal to offer infrastructure upgrades in Temple Terrace in Florida. ABM will provide its customized energy performance contracting program (EPC) to improve energy efficiency in the city. The company will provide its energy-efficient program to eight public buildings in Temple Terrace […]
One stock that might be an intriguing choice for investors right now is Memorial Production Partners LP MEMP . 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. […]
One stock that might be an intriguing choice for investors right now is Energen Corp. EGN . […]
One stock that might be an intriguing choice for investors right now is Matador Resources Company MTDR . 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 […]
We had learnt in school that “An ounce of prevention is worth a pound of cure.” The saying simply means that a timely action can prevent some serious loss later on. How about applying the same principle to your portfolio? Exiting an out of favored stock at the right time helps maximize your portfolio’s returns. […]
Texas-based pipeline company Energy Transfer Equity L.P. ETE reported the termination of its merger agreement with natural gas pipeline company Williams Companies, Inc. WMB […]
SunPower Corporation SPWR announced that it has started to construct a four-megawatt (MW) SunPower solar power system at three parking areas of the California State University, Fullerton (“CSUF”). The green energy produced from this project will be purchased by CSUF under a long-term power purchase agreement. […]
BlackBerry Limited BBRY recently entered into a strategic alliance with PT Elang Mahkota Teknologi Tbk. (“Emtek”) of Indonesia to provide market-leading services to its BBM cross-platform customers. […]
On Jun 28, 2016, we issued an updated research report on The Travelers Companies, Inc. TRV . […]
Tesoro Refining & Marketing Company LLC, an affiliate of independent refiner Tesoro Corp. TSO , has purchased Dakota Prairie Refining, LLC. The acquired company is an oil refinery in southwestern North Dakota with strategic access to advantaged Bakken crude oil. […]
Leading provider of integrated circuits (ICs), Applied Micro Circuits Corporation AMCC , recently announced the availability of Mudan storage reference platform, which runs on its X-Gene Server on a Chip (SoC) solution, at the Red Hat Summit 2016. Mudan is the world’s first fully integrated Ceph storage platform built on 64-bit ARMv8-A technology, which has been jointly developed by Applied Micro and Red Hat. Mudan is a highly advanced storage reference platform, which offers add-on storage adapter cards configurability from a variety of vendors […]
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