Stock Analysts

Acadia Realty Rewards Shareholders with Dividend Increase

Much to the delight of its shareholders, Acadia Realty Trust AKR has raised the quarterly dividend for the quarter ending on Dec 31, 2016, by 4% on a sequential basis to 26 cents a share. This cash dividend will be paid on Jan 13, 2017 to the shareholders on record as of Dec 30, 2016. In addition to the quarterly dividend, the Rye, NY-based retail real estate investment trust (“REIT”) has announced a special cash dividend of 15 cents per share […]

Stock Analysts

Auto Stocks’ Earnings Scheduled for Nov 15: UFAB, FENX

The auto sector has been one of the worst performers in terms of earnings growth this reporting cycle. Auto companies’ results as of Nov 11, 2016, displayed a year-over-year decline of 8.2% in earnings and 1.1% in revenues, per our latest Earnings Preview . In comparison, S&P 500 companies that have reported so far posted a 3.9% increase in earnings on a 2.7% rise in revenues […]

Stock Analysts

PPG Industries Buys Remaining Stake in Italian Coatings JV

PPG Industries PPG has acquired the remaining 50% ownership interest in PPG Univer S.p.A from its joint venture (JV) partner, Univer Italiana S.r.l. The financial terms of the transaction were not divulged. PPG Univer makes architectural and liquid industrial coatings and operates a network of 12 retail stores in Italy […]

Stock Analysts

ABM Industries Poised for Top-Line Growth, Risks Remain

On Nov 14, 2016, Zacks Investment Research downgraded ABM Industries Incorporated ABM to a Zacks Rank #3 (Hold). Going by the Zacks model, companies holding a Zacks Rank #3 have high chances of performing in line with the broader market in the quarters ahead. Headquartered in San Francisco, CA, ABM Industries provides engineering, janitorial, parking, and facility solutions to commercial, industrial, institutional, and retail facilities. […]

Momentum Stocks

Bull of the Day: Northrop Grumman (NOC)

With Trump’s stunning victory, investors are quickly reallocating their portfolios to prepare for a Republican president, and a Republican-controlled Congress as well. While there are a number of areas that look to benefit from this political situation, one that may do especially well is the defense market. This corner of the economy could benefit from a massive surge in defense spending, as some believe that Trump will look to spend somewhere near $500 billion more on defense , pushing total U.S […]

Momentum Stocks

Bear of the Day: Realogy Holdings (RLGY)

In the wake of Trump’s surprising victory, investors have seen incredible volatility in a number of market sectors. One area that has been on the move more than others is the world of real estate. That is because interest rates are soaring in anticipation of some inflationary policies from Trump (including a burst of new spending), while some think that foreign holders of Treasury bonds may be reducing their positions as well. […]

Mergers & Acquisitions

Gold Fields Comments on News Reports Regarding Acquisition Proposals Made to Kirkland Lake

Gold Fields Comments on News Reports Regarding Acquisition Proposals Made to Kirkland Lake PR Newswire JOHANNESBURG, November 14, 2016 JOHANNESBURG , November 14, 2016 /PRNewswire/ — Gold Fields Limited (Gold Fields) (JSE, NYSE: GFI) notes recent press reports regarding proposals made jointly by it and Silver Standard Resources Inc. (Silver Standard) (TSX: SRO, Nasdaq: SSRI) to acquire all of the outstanding shares of Kirkland Lake Gold Inc. […]