Stock Analysts

Alaska Airlines Makes Premium Class Booking Available

Alaska Airlines, the wholly owned subsidiary of Alaska Air Group ALK recently announced that its Premium Class offering is up for grabs. The company’s Premium section services are expected start from Jan 5, 2017 on selected routes. Passengers who choose this service can get up to four inches of extra legroom, early boarding as well as free snacks and drinks. […]

Stock Analysts

Home Depot (HD) Stock Up on Q3 Earnings and Sales Beat

The Home Depot Inc. HD reported better-than-expected top and bottom-line results for third-quarter fiscal 2016, gaining from balanced sales growth as well as persistent focus on productivity that bolstered earnings. With this, the company retained its four-year long trend of beating earnings estimates. […]

Stock Analysts

Volkswagen’s Audi Charged with Cheating on Emissions Tests

Volkswagen AG ’s VLKAY luxury brand, Audi is being investigated for irregularities related to emission levels of carbon dioxide in some automatic-transmission vehicles. The news was first reported in a German newspaper stating that the California Air Resources Board (CARB) had found a cheating software in an older Audi model, which is not related to the device detected in Volkswagen’s diesel emissions test-cheating scandal last year. […]

Mergers & Acquisitions

QuickLiquidity Purchases Partnership Interest in $25 Million Shopping Center

QuickLiquidity Purchases Partnership Interest in $25 Million Shopping Center PR Newswire BOCA RATON, Fla., Nov 15, 2016 BOCA RATON, Fla. , Nov 15, 2016 /PRNewswire/ — QuickLiquidity today announced that it has purchased a partnership interest in a $25 million neighborhood shopping center located in the Pittsburgh, PA metropolitan area. The partnership owns a 275,000-square-foot neighborhood shopping center anchored by the supermarket chain Giant Eagle […]

Stock Analysts

Consumer Staples Stocks’ Earnings Slated for Nov 16: HI, SFS

The Q3 earnings season is in its last leg with 455 S&P 500 members, representing 91% of the index’s total market capitalization, having already reported their results. However, there are some big tech and retail names that are scheduled to report this week. As of Nov 11, total earnings of these companies were up 3.9% on a year-over-year basis (72.7% of the companies beat EPS estimates) while total revenue increased 2.7% (55.4% beat top-line expectations) […]

Stock Analysts

IBM Partners KYCK! for Singapore-based Blockchain Project

International Business Machines Corp IBM recently announced a blockchain project with Singapore-based fintech startup KYCK!, which aims at smoothening the Know Your Customer (KYC) process for financial service providers. The blockchain project is based on the open-source Hyperledger Fabric and will be supported by IBM Bluemix Garage. […]

Stock Analysts

Lockheed Martin Gains $125M Navy Deal for A-RCI System

Defense prime Lockheed Martin Corp. ’s LMT Rotary and Mission Systems business division has secured a modification contract for providing engineering and technical support for Acoustic – Rapid Commercial-Off-The-Shelf (COTS) Insertion (A-RCI) systems. Notably, A-RCI is an open-architecture sonar system that is used to maintain an advantage in acoustic detection of threat submarines. […]