Shares of The Hershey Company HSY plunged almost 11% since Mondelez International, Inc. MDLZ issued a press release on Aug 29 stating that it is no longer pursuing the probable merger with Hershey. In June, Mondelez offered to acquire the Pennsylvania-based chocolate maker for about $22.8 billion. […]
Concerns over declining oil prices, slowdown in the Chinese economy and uncertainty over the Presidential Election have been dominating the stock markets recently. However, improved labor market conditions and an almost desirable inflation rate make it favorable for the Fed to raise interest rates. Janet Yellen’s much anticipated speech at the recent Jackson Hole symposium signals a possible rate hike in “recent months.” But the fact that rates will not be increased until the Election makes December a strong contender for the month of the hike. […]
Shares of G-III Apparel Group, Ltd. GIII nosedived nearly 21% after the company reported dismal quarterly numbers for the second quarter of fiscal 2017. Following the weak results, the company also trimmed its fiscal 2017 outlook […]
NCI Building Systems Inc. NCS posted adjusted earnings of 33 cents per share for the third quarter of fiscal 2016 (ended Jul 31, 2016), which is a surge of 120% from 15 cents in the prior-year quarter. Earnings comfortably beat the Zacks Consensus Estimate of 26 cents […]
In order to assemble a healthy portfolio, investors should currently avoid material stocks like Monsanto MON . Investment in poorly ranked material stocks would not be very rewarding right now, as these companies are presently confronting several headwinds. Why to Shun Monsanto? […]
The month of August has not treated well Corrections Corporation of America CXW and The GEO Group GEO . The Department of Justice announced on Aug 18 that the Bureau of Prisons would end the use of private prisons in a phased manner. […]
Alphabet Inc. GOOGL is reportedly on the verge of a big win in the cloud infrastructure services market that is dominated by Amazon.com, Inc. […]
Gramercy Property Trust GPT revealed closing the sale of four properties, reaping gross proceeds of $206.7 million. The move comes as part of the company’s earlier revealed plan of disposing select non-core assets, subsequent to the merger with Chambers Street Properties. Notably, the four properties disposed this time, include three single-tenant office buildings in Princeton, NJ, Burlington, MA and Bloomington, MN and one single-tenant industrial facility in Phoenix, AZ. […]
Array BioPharma ARRY presented results from a phase II study on its pipeline candidate, ARRY-797, at the European Society of Cardiology Congress 2016 in Rome, Italy. ARRY-797 is an oral, selective p38 mitogen-activated protein kinase inhibitor, which is being evaluated in patients with lamin A/C-related dilated cardiomyopathy (LMNA-related DCM). […]
Twilio Inc. TWLO has gained a whopping 259% since its Jun 23 debut on the stock market at $15 a share. […]
On Aug 30, 2016, leading Canadian communications service provider BCE Inc. BCE was downgraded to Zacks Rank #4 (Sell). Notably, the Wireline segment continues to witness a decline in revenue. […]
Consumer confidence surged during the month of August, indicating that the economy was rebounding after performing poorly during the first half of the year. Cheap fuel prices and a strong jobs market seem to have contributed toward improving the health of the economy substantially. This release adds to several such reports which are indicating that an economic turnaround in the second half of the year is well underway. […]
Episerver Acquires Omnichannel Personalization Vendor Peerius Adds Context to Content-and-Commerce Cloud Platform to Accelerate Vision for the Next Wave of Individualized Engagement PR Newswire IRVINE, Calif. and LONDON, Aug. 31, 2016 IRVINE, Calif. […]
Minerva Luxembourg S.A. Announces That HSBC Securities (USA) Inc. Has Launched A Tender Offer And Consent Solicitation Relating To Any And All Of The 7.75% Notes Due 2023 Issued By Minerva Luxembourg S.A. […]
Almost Family Inc. AFAM has been struggling lately, but the selling pressure may be coming to an end soon. That is because AFAM recently saw a Hammer Chart Pattern which can signal that the stock is nearing a bottom. […]
Equity LifeStyle Properties, Inc. ELS has been struggling lately, but the selling pressure may be coming to an end soon. That is because ELS recently saw a Hammer Chart Pattern which can signal that the stock is nearing a bottom […]
Looking for a stock that might be in a good position to beat earnings at its next report? Consider The Chemours Company CC , a firm in the Chemicals-Diversified industry, which could be a great candidate for another beat. […]
DuPont Fabros Technology, Inc. DFT has been struggling lately, but the selling pressure may be coming to an end soon. That is because DFT recently saw a Hammer Chart Pattern which can signal that the stock is nearing a bottom. […]
Looking for a stock that might be in a good position to beat earnings at its next report? Consider Carbonite, Inc. […]
As of late, it has definitely been a great time to be an investor in American Woodmark Corp. AMWD . The stock has moved higher by 18% in the past month, while it is also above its 20 Day SMA too […]
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