Month: January 2017

Value investors have preferred price-to-earnings ratio, or P/E, for generations as a means to identifying value stocks. However, in case of loss-making companies that have a negative Price-to-Earnings ratio, the Price-to-Sales or P/S ratio is considered in determining their true value. However, the price-to-book ratio (P/B ratio), though used less often, is also an easy-to-use valuation tool for identifying low-priced stocks with great returns. […]

CBOE Holdings, Inc. CBOE reported trading volume for Dec 2016 as well as 2016. For December, the company witnessed trading volume of 96.1 million, up 7% from the year-ago month, but down 18% from the prior month […]

KB Home KBH recently announced the opening of Centerpointe community in Downey, LA. The community’s location will provide owners easy access to major transportation routes that lead to commercial and employment hubs and numerous entertainment, cultural and recreational centers throughout Southern California. […]

Shares of American Eagle Outfitters Inc. AEO slipped 2.8%, since the company released its comparable store sales (comps) results for fourth-quarter fiscal 2016 to date, which mainly comprises holiday sales. Notably, comps remained flat year over year, bearing the brunt of a volatile holiday season – largely marked by intense promotional activities. […]

PPG Industries PPG has wrapped up its acquisition of leading Romanian paint and architectural coatings maker, Deutek S.A. from the Emerging Europe Accession Fund (“EEAF”). Financial terms of the deal were not divulged […]

Schlumberger Limited SLB has acquired Scotland-based Peak Well Systems, a specialist in the design and development of advanced downhole tools for flow control and well integrity, for an undisclosed sum. The addition of Peak’s mechanical and remedial solutions for cased-hole well intervention will enhance Schlumberger’s production services portfolio with an extensive offering of mechanical services to its global customers. […]

Internet of Things (IoT), which enables any physical electronic device with a valid IP-address to transfer data seamlessly over a wireless network, is the latest in the league of service and business models that is quickly gaining market traction. According to a recent report by research firm International Data Corporation (IDC), worldwide spending on IoT is slated to grow at a 15.6% compound annual growth rate (CAGR) to nearly $1.29 trillion in 2020 from $737 billion in 2016. […]

Fresh data indicates that global manufacturing is undergoing a revival. Output across the U.S., U.K., China and Japan has increased after a considerable lull. This comes as welcome news for the sector which has been embattled over the greater part of the last two years. […]

The Allstate Corporation ALL has completed the previously announced acquisition of SquareTrade. The acquired company provides consumer protection across the U.S. With this acquisition, Allstate will be exposed to the business of providing warranty service to electronic devices. […]

Energy markets witnessed two and half years of weak oil prices on the back of a supply glut. After repeated cries all this time for big oil producers to stop fighting for output share, OPEC and non-OPEC crude producers finally decided to limit output in a landmark accord. Hailed as the most important move in years by the oil producers to restore prices, it was also the first time in 15 years that a deal was struck between OPEC and non-OPEC producers to jointly curb crude production. […]

Shares of Kohl’s Corporation KSS slumped more than 15% in after-hours trading yesterday, when the specialty retailer lowered its profit outlook for fiscal 2016 due to sluggish holiday sales. This Menomonee Falls, WI-based retailer now expects adjusted earnings to be in a range of $3.60–$3.65 per share for fiscal 2016. […]