Provider of clean energy SolarCity Corporation SCTY announced that it has created funds to develop more solar projects in the U.S. The $347 million fund has been created in association with leading global bank Citigroup Inc. C […]
UBS Financial Services, a wing of UBS Group AG UBS , has agreed to settle charges of the Securities and Exchange Commission (SEC) related to its supervisory role in selling financial products by paying more than $15 million. Per the regulator, UBS Financial failed to make its sales force trained in selling some complex financial products — reverse convertible notes (RCNs) — with the knowledge of their critical aspects. The UBS unit has agreed to pay disgorgement of $8,227,566 in profits from the sales, along with $798,316 in interest and a $6 million penalty […]
Tobacco company Altria Group Inc. MO holds a 27% stake in SABMiller Plc SBMRY , the world’s second-largest brewer by volume. […]
McCormick & Co. Inc. MKC delivered better-than-expected results in the third quarter of fiscal 2016, where both earnings and revenues beat the Zacks Consensus Estimate. […]
Investors certainly have to be happy with Amyris, Inc. AMRS and its short term performance. After all, the stock has jumped by 21.9% in the past 4 weeks, and it is also above its 20 Day Simple Moving Average as well […]
As of late, it has definitely been a great time to be an investor in ARC Group Worldwide, Inc. ARCW . The stock has moved higher by 48.8% in the past month, while it is also above its 20 Day SMA too […]
Ariad Pharmaceuticals Inc. ARIA has been on the move lately as the stock has risen by 34.5% in the past four weeks, and it is currently trading well above its 20-Day SMA. This is a pretty solid move higher, but the question that has to be on investors’ minds right now is; can this trend continue? […]
Investors certainly have to be happy with BHP Billiton Limited BHP and its short term performance. After all, the stock has jumped by 13.8% in the past 4 weeks, and it is also above its 20 Day Simple Moving Average as well. This is certainly a good trend, but investors are probably asking themselves, can this positive trend continue for BHP […]
3D Systems Corporation DDD has been on the move lately as the stock has risen by 24.3% in the past four weeks, and it is currently trading well above its 20-Day SMA. This is a pretty solid move higher, but the question that has to be on investors’ minds right now is; can this trend continue? While there can be no telling for sure, it is certainly encouraging that earnings estimates have risen in the past few weeks on the company, suggesting that sentiment on DDD is moving in the right direction […]
As of late, it has definitely been a great time to be an investor in PCM, Inc. PCMI . […]
Investors certainly have to be happy with Harmonic Inc. HLIT and its short term performance. […]
Investors certainly have to be happy with Worthington Industries, Inc. WOR and its short term performance. […]
As of late, it has definitely been a great time to be an investor in Yirendai Ltd. YRD . […]
There seems to be something about Canada that is attracting retailers to the land. On reading the trends, we note that many U.S. […]
Amgen Inc. AMGN announced positive top-line data from a phase III study (ARISE) on calcitonin gene-related peptide (CGRP) receptor, erenumab (AMG 334), for the prevention of episodic migraine. The multi-center, randomized, 12-week, double-blind, placebo-controlled study evaluated the safety and efficacy of erenumab in patients with episodic migraine […]
Comcast Corporation CMCSA has entered into a share warrant deal with Harmonic Inc. HLIT . The warrant will allow Comcast to purchase up to a 10% stake in Harmonic at a fixed rate of $4.76 per share, dependent upon the performance of certain operational metrics like product milestones and sales target. […]
San Jose, CA-based Nutanix Inc NTNX is set to start trading on Sep 30, 2016 at the NASDAQ stock exchange. The enterprise cloud platform provider recently raised its price range for initial public offering (IPO) to $13-$15 per share from an earlier range of $11-$13. At the current price range, Nutanix is expected to raise almost $241.5 million by selling 14 million shares […]
Consumer goods giant The Procter & Gamble Co. PG intends to expand operations in two of its manufacturing plant at Csomor and Gyongyos, Hungary. The proposed expansion will involve an investment of $200 million, creating 250 positions. […]
As per a Wall Street Journal report, Hewlett Packard Enterprise Company HPE is likely to boost its collaboration with Microsoft Corporation MSFT at Microsoft Ignite in Atlanta related to the latter’s hybrid platform, Azure. Strategic Move Earlier, Hewlett Packard Enterprise had tried its hand at gaining market traction in the public cloud space. […]
Costco Wholesale Corporation COST posted fourth-quarter fiscal 2016 earnings of $1.77 per share that beat the Zacks Consensus Estimate of $1.73 and also increased 2.3% from the prior-year quarter. The warehouse club chain’s bottom line benefited from lower credit card fees on account of its switching over to Visa from American Express. The company managed to sail through high tides and to an extent succeeded in allaying investors’ fears, amid stiff competition and food price deflation that have been weighing upon the sector’s performance. […]
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