Technicals

Why You Shouldn’t Bet Against Carolina Financial (CARO) Stock

One stock that might be an intriguing choice for investors right now is Carolina Financial Corporation CARO . This is because this security in the Banks-Southeast 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. […]

Mergers & Acquisitions

Huron Capital’s SABG Acquires Twin City Knitting

Huron Capital’s SABG Acquires Twin City Knitting Sock Business Expands Presence in Team Sports Market, Adds U.S.-based Manufacturing PR Newswire DETROIT, Nov. 7, 2016 DETROIT , Nov. 7, 2016 /PRNewswire/ — Huron Capital Partners LLC (“Huron Capital”) today announced its portfolio company, Sock & Accessory Brands Global (“SABG”), has acquired Conover, North Carolina -based Twin City Knitting Company (“TCK”). […]

Technicals

Horizon (HZNP) Misses Q3 Earnings, Revenue Estimates

Dublin, Ireland-based Horizon Pharma plc HZNP is a biopharmaceutical focused on identifying, developing, acquiring and commercializing products that address unmet therapeutic needs in arthritis, pain, inflammatory and orphan diseases. The company operates through three business units – Orphan, Primary Care and Rheumatology. Its portfolio currently comprises nine marketed products. […]

Stock Analysts

Pacific Biosciences (PACB) Q3 Loss Narrower than Expected

Headquartered in Menlo Park, CA, Pacific Biosciences of California Inc . PACB , a pioneer in the field of single molecule long resequencing, reported a loss of 19 cents per share in the third quarter of 2016, a penny narrower than the Zacks Consensus Estimate. Notably, the figure was also narrower than the loss of 27 cents reported in the year-ago quarter […]

Stock Analysts

Broadcasting Stocks’ Q3 Earnings on Nov 8: LMCA, NXST & More

The third-quarter earnings season is in its last leg with reports from 84.6% of the S&P 500 companies already out as of Nov 4 (per the latest Earnings Outlook report). The outcome of the season so far has given a decent growth picture, breaking the five-quarter-long lackluster trend. Clearly, this period is quite significant with both earnings and revenues on the growth trajectory. […]