Mergers & Acquisitions

Summit Bicycles Acquires the Beeline Bikes San Francisco/Silicon Valley Franchise

Summit Bicycles Acquires the Beeline Bikes San Francisco/Silicon Valley Franchise Mobile bike shop partners with Bay Area brick-and-mortar dealer to expand offerings and enhance customer experience PR Newswire SAN FRANCISCO, Feb. 28, 2017 SAN FRANCISCO , Feb. 28, 2017 /PRNewswire/ — Beeline Bikes , the mobile bike shop that comes to you, has partnered with Summit Bicycles , the largest local bike shop in San Francisco /Silicon Valley […]

Stock Analysts

ONEOK (OKE) Misses Q4 Earnings, Beats Revenue Estimates

ONEOK Inc. OKE reported fourth-quarter 2016 operating earnings of 43 cents per share, missing the Zacks Consensus Estimate of 47 cents by 8.5%. Full-year 2016 operating earnings came in at $1.67 per share, missing the Zacks Consensus Estimate of $1.73 by 3.5%.Yearly earnings, however, increased 40.3% from the 2015 tally of $1.19. […]

Stock Analysts

PPG Industries to Showcase Aerospace Products and Services

PPG Industries PPG will feature its latest aerospace products and services at the Avalon 2017 Australian International Airshow and Aerospace & Defence Exposition in Geelong, Australia. PPG’s aerospace business provides a variety of products such as coatings, sealants, transparencies, packaging and application systems, and transparent armor, as well as chemical management services. […]

Stock Analysts

Perrigo to Sell Tysabri Royalties; Issues Tepid 2017 View

Perrigo Company Plc PRGO recently reported preliminary numbers for 2016 and issued a lackluster guidance for 2017. The company also announced that it has signed an agreement to divest the royalties it receives in multiple sclerosis drug, Tysabri, in order to monetize the asset. The company now expects to file its annual report on or before Mar 16, 2017 […]

Stock Analysts

Wal-Mart Upgrades App for Pharmacy & Money Service Customers

Retail giant Wal-Mart Stores Inc. WMT has announced an upgrade to its mobile app, which will benefit its pharmacy and money services customers. For Wal-Mart pharmacy, the app will enable customers to refill prescriptions from their smartphones and use express lanes to pick up their orders, scan the prescription’s code, and pay electronically […]

Stock Analysts

Cable ONE (CABO) Q4 Earnings Miss, Revenues Beat Estimates

Small-sized cable MSO (multi service operator) Cable ONE Inc. CABO reported mixed financial results in the fourth quarter of 2016 wherein the top line surpassed the Zacks Consensus Estimate by a nominal margin while the bottom line missed the same. Cable ONE operates shares space with leading cable MSOs like Comcast Corp. […]

Stock Analysts

Target (TGT) Q4 Earnings & Sales Miss Estimates; Stock Down

After three straight quarters of earnings beat, Target Corporation TGT succumbed to a negative earnings surprise of 3.3% in the fourth quarter of fiscal 2016. Total sales also came below the Zacks Consensus Estimate, after surpassing the same in the preceding quarter. Moreover, it failed to contain the decline in the top line […]

Technicals

What Falling Estimates & Price Mean for Matson (MATX)

Similar to wise buying decisions, exiting certain underperformers at the right time helps maximize portfolio returns. Selling off losers can be difficult, but if both the share price and estimates are falling, it could be time to get rid of the security before more losses hit your portfolio. One such stock that you may want to consider dropping is Matson, Inc […]

Technicals

Can The Uptrend Continue for Sotheby’s (BID)?

Investors certainly have to be happy with Sotheby's BID and its short term performance. After all, the stock has jumped by 17.2% in the past 4 weeks, and it is also above its 20 Day Simple Moving Average as well. This is certainly a good trend, but investors are probably asking themselves, can this positive trend continue for BID […]