Technicals

Canadian Natural Resources (CNQ) Slips to Q3 Loss

Have you been eager to see how Canadian oil and gas finder Canadian Natural Resources Ltd. CNQ performed in Q3 in comparison with the market expectations? Let’s quickly scan through the key facts from this Calgary, Alberta-based company’s earnings release this morning: About Canadian Natural Resources: Canadian Natural Resources is engaged in the acquisition, development and exploitation of crude oil and natural gas properties […]

Mergers & Acquisitions

ANSYS acquires KPIT medini Technologies

ANSYS acquires KPIT medini Technologies Acquisition strengthens ANSYS’ leading systems simulation portfolio PR Newswire PITTSBURGH, Nov. 3, 2016 PITTSBURGH , Nov. 3, 2016 /PRNewswire/ — ANSYS (NASDAQ: ANSS), the global leader and innovator of engineering simulation software, announced today that it has acquired Berlin -based KPIT medini Technologies AG, a leading provider of systems safety analysis solutions. […]

Stock Analysts

Cable ONE (CABO) Misses Earnings, Beats Revenue in Q3

Small-sized cable MSO (multi service operator) Cable ONE Inc. CABO reported mixed financial results in the third quarter of 2016 wherein the top line surpassed the Zacks Consensus Estimate by a nominal margin and the bottom line missed the same. Cable ONE operates in a highly competitive cable market where it faces intense competition from leading cable multi-service-operators MSOs like Comcast Corp […]

Stock Analysts

Qualcomm (QCOM) Q4 Earnings, Revenues Top; Guides Well

Qualcomm Inc. QCOM reported impressive financial results in the fourth quarter of fiscal 2016 wherein both the top and the bottom line surpassed the Zacks Consensus Estimate. The spectacular performance can be primarily attributed to new patent licensing agreements in China and strong shipments of 3G/4G smartphone chipsets. […]

Stock Analysts

AES Corp (AES): A Beat in the Cards this Earnings Season?

The AES Corporation AES is set to release third-quarter 2016 results, before the opening bell on Nov 4. Last quarter, the company posted a negative earnings surprise of 5.56%. Moreover, AES Corp missed the Zacks Consensus Estimate in two of the trailing four quarters, with an average negative surprise of 6.45% […]

Mergers & Acquisitions

AAM Announces Acquisition of MPG

AAM Announces Acquisition of MPG Creates a well-diversified, global leader in advanced powertrain, drivetrain and driveline solutions Expected to deliver annual cost synergies in the range of $100 million to $120 million PR Newswire DETROIT, and SOUTHFIELD, Mich., Nov. 3, 2016 DETROIT , and SOUTHFIELD, Mich. , Nov […]

Momentum Stocks

Bear of the Day: Rent-A-Center Inc. (RCII)

In the modern world, having a system outage for a single day can wreak havoc on any company. But when you combine weeks of system issues with a double digit decline in same store sales, a company’s top and bottom line are bound to be negatively impacted. These are some of the issues facing our Zacks Bear of the Day, Rent-A-Center Inc […]

Momentum Stocks

Bull of the Day: Ultra Clean Holdings (UCTT)

Investors tend to be weary of companies that experience the combined impacts of an abrupt departure by a key member of the management team, and a shift in the company’s overall focus. But there are times when that is just what the company needed. This is the case of the Zacks Bull of the Day, Ultra Clean Holdings ( UCTT ) who in July saw their CFO leave the company during a time when management began to refocus on growing their market share and new semicap opportunities […]

Stock Analysts

Airline Stock Roundup: Southwest Down on Dull View; Bullish Thanksgiving Forecast

The past week saw low-cost carrier Southwest Airlines LUV stock losing value despite reporting better-than-expected earnings as well as revenues in the third quarter. The stock suffered mainly due to its lackluster guidance with respect to revenue per available seat mile (RASM: a measure of unit revenues). The carrier expects the metric to fall in the band of 4–5% in the fourth quarter, which compares unfavorably to the views of its peers for unit revenues […]