Stock Analysts

Celgene (CELG) Gets Favorable CHMP Opinion for Revlimid

Celgene Corporation CELG announced that the European Medicines Agency's (EMA) Committee for Medicinal Products for Human Use (CHMP) has rendered a positive opinion for oncology drug Revlimid as monotherapy for the maintenance treatment of adult patients with newly diagnosed multiple myeloma (MM) who have undergone autologous stem cell transplantation (ASCT). Celgene has outperformed the Zacks classified Medical-Biomedical and Genetics industry in the past one year. […]

Technicals

Alcoa (AA) Shares March Higher, Can It Continue?

As of late, it has definitely been a great time to be an investor in Alcoa Corporation AA . The stock has moved higher by 26.9% in the past month, while it is also above its 20 Day SMA too. This combination of strong price performance and favorable technical, could suggest that the stock may be on the right path […]

Technicals

Can the Rally in Vanguard Natural Resources (VNR) Shares Continue?

Vanguard Natural Resources, LLC VNR has been on the move lately as the stock has risen by 38.9% in the past four weeks, and it is currently trading well above its 20-Day SMA. This is a pretty solid move higher, but the question that has to be on investors’ minds right now is; can this trend continue? While there can be no telling for sure, it is certainly encouraging that earnings estimates have risen in the past few weeks on the company, suggesting that sentiment on VNR is moving in the right direction […]

Technicals

Moving Average Crossover Alert: MagnaChip (MX)

MagnaChip Semiconductor Corporation MX is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for MX broke out above the 200 Day Simple Moving Average, suggesting a short-term bullish trend. This has already started to take place, as the stock has moved higher by 35.2% in the past four weeks. […]

Economic Data

Plenty of Grist for the Market Mill This Week

Monday, January 30, 2017 Plenty of grist for the mill of the markets this week, including Personal Income & Spending today, news from the Bank of Japan’s policy meeting tomorrow, news from the latest Federal Reserve meeting Wednesday, and, of course, the heart of Q4 earnings season. For a comprehensive account of these and many more events this week, check out Zacks Chief Strategist John Blank’s latest Global Market Ahead: 4 Good Reasons to Focus on the USA Personal Income & Spending showed a gap of 2 percentage points: income grew 0.3% in December (analysts had expected 0.4%) while spending ran hotter at 0.5%. Income in November was revised from unchanged to +0.1% […]

Technicals

Aurinia Pharmaceuticals (AUPH) Jumps: Stock Rises 5.6%

Aurinia Pharmaceuticals Inc. AUPH was a big mover last session, as its shares rose almost 6% on the day. The move came after the company announced that it has selected Worldwide Clinical Trials as its Clinical Research Organization for the AURORA Phase 3 study of volcosporin for the treatment of active lupus nephritis […]

Technicals

Is a Surprise Coming for Eli Lilly (LLY) This Earnings Season?

Investors are always looking for stocks that are poised to beat at earnings season and Eli Lilly and Company LLY 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 Eli Lilly is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat […]

Technicals

Affiliated Managers (AMG) Beats on Q4 Earnings, Revenue Lags

Have you been eager to see how Affiliated Managers Group Inc. AMG performed in Q4 in comparison with the market expectations? Let’s quickly scan through the key facts from this Massachusetts-based global asset management company’s earnings release this morning: An Earnings Beat Affiliated Managers came out with economic earnings of $3.80 per share, which beat the Zacks Consensus Estimate of $3.70 […]

Technicals

New Strong Sell Stocks for January 30th

Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today: Brookfield Renewable Partners L.P. BEP owns a portfolio of renewable power generating facilities. The Zacks Consensus Estimate for its current year earnings has been revised 5.1% downward over the last 30 days […]

Mergers & Acquisitions

Fredhopper to be Acquired by ATTRAQT Group plc to Create Global ‘go-to’ e-commerce Visual Merchandising Technology Company

Fredhopper to be Acquired by ATTRAQT Group plc to Create Global ‘go-to’ e-commerce Visual Merchandising Technology Company PR Newswire LONDON, January 30, 2017 LONDON , January 30, 2017 /PRNewswire/ — ATTRAQT Group plc has conditionally agreed to acquire Fredhopper, the European onsite search, navigation and merchandising software provider, for £25 million (subject to certain adjustments) in cash to create the global ‘go-to’ e-commerce visual merchandising company. (Logo: http://mma.prnewswire.com/media/462540/Attraqt_Image_Logo.jpg ) (Logo: http://mma.prnewswire.com/media/462541/Fredhopper_Logo.jpg ) (Logo: http://mma.prnewswire.com/media/462542/SDL_Image_Logo.jpg ) Fredhopper serves approximately 130 major international retail clients, while online visual merchandising company ATTRAQT’s portfolio includes boohoo.com, Matches Fashion, Moss Bros, Russell and Bromley , Superdry, The North Face and Timberland. […]