Technicals

Actua (ACTA) Shows Strength: Stock Adds 12.9% in Session

Actua Corporation ACTA was a big mover last session, as its shares rose almost 13% on the day. The move came after the company announced its intention to commence a modified “Dutch auction” tender offer to repurchase for cash certain of its outstanding shares of common stock for an aggregate purchase price of no more than $80.0 million. […]

Mergers & Acquisitions

Linxens Acquires Smartrac’s Secure ID & Transaction (SIT) Division

Linxens Acquires Smartrac’s Secure ID & Transaction (SIT) Division PR Newswire PARIS, November 4, 2016 PARIS , November 4, 2016 /PRNewswire/ — Acquisition marks a transformational step in the development of Linxens Diversifies its product range in RFID antennas and inlays The new group will generate more than €500 million in revenue and employ 3,500 people worldwide LINXENS, a global leader in the design and manufacture of micro-connectors for smart cards, has today announced that it has acquired SMARTRAC’s SIT division, a global leader in the development and manufacture of RFID inlays and antennas. The deal is expected to complete by the end of the year. By acquiring SMARTRAC’s SIT division’s technical expertise and vision, Linxens will solidify its position as a leading provider of contact and contactless smart card connectivity solutions across its key business segments of payments, e-government, telecoms, transportation, loyalty and access control […]

Stock Analysts

Peek Into Oil Q3 Earnings on Nov 7: OAS, KOS, VNOM & SEMG

We have reached the final stretch of the Q3 earnings season with results from 364 S&P 500 members that combined account for more than 78% of the index’s total market capitalization. Q3 Reflects Improving Trends in Growth Total earnings for these companies are up 1.6% from the same period last year on 1.6% higher revenues, with 72.3% positive earnings surprises and 54.7% beating revenue estimates. (Data from the Earnings Outlook dated Nov 2, 2016) […]

Stock Analysts

Machinery Stocks’ Earnings Lineup for Nov 7: ROK, MFS, SNHY

After encountering a difficult 2015 and a similarly tough first-half 2016, the scenario for the Machinery industry seems to be improving at last. The industry, which is broadly grouped under the Industrial Products sector (one of the 16 broad Zacks sectors) suffered a 21% plunge in earnings in first-quarter 2016 and a then a 1% dip in the second quarter. Going by our projected growth of a 7% increase in earnings for the sector, the growth graph will finally enter the positive territory in the third quarter […]

Stock Analysts

Drug Stocks Earnings Roster for Nov 7: HZNP, ACAD & More

The bulk of the Q3 earnings season is over, with 364 S&P 500 members (as of Nov 2) – accounting for 72.6% of the index’s total market capitalization – having already reported results, according to the latest Earnings Outlook . While total earnings for these index members were up 1.6% from the year-ago quarter, revenues were also up 1.6% year over year. […]

Technicals

Why LendingClub (LC) Might Surprise This Earnings Season

Investors are always looking for stocks that are poised to beat at earnings season and LendingClub Corporation LC may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report. That is because LendingClub is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. […]