Technicals

H&R Block (HRB): Moving Average Crossover Alert

H&R Block, Inc. HRB could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for HRB broke out below the 200 Day Simple Moving Average, suggesting short-term bearishness. […]

Technicals

Moving Average Crossover Alert: NextEra Energy (NEE)

NextEra Energy, Inc. NEE 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 NEE broke out above the 200 Day Simple Moving Average, suggesting a short-term bullish trend. […]

Mergers & Acquisitions

Streamline Brands Acquires SwimLabs Swim Schools

Streamline Brands Acquires SwimLabs Swim Schools Purchase expands largest swim school brand family in the industry PR Newswire DENVER, March 1, 2017 DENVER , March 1, 2017 /PRNewswire/ — Streamline Brands, the fastest growing franchisor of swim schools in the world including SafeSplash and Swimtastic swim schools, announced the acquisition of SwimLabs & Rehab Inc., franchisor of SwimLabs Swim Schools. SwimLabs operates 10 swim schools in six states and internationally in Istanbul, Turkey . With this acquisition, Streamline extends its position as the franchisor of the largest swim school network in North America , with 136 locations in 17 states and Mexico and more than 20 additional locations expected to open by the end of 2018 […]

Mergers & Acquisitions

Revenue Cycle and Coding Strategies Merge to Expand Healthcare Consulting Services

Revenue Cycle and Coding Strategies Merge to Expand Healthcare Consulting Services PR Newswire AUSTIN, Texas, March 1, 2017 AUSTIN, Texas , March 1, 2017 /PRNewswire/ — (SEND2PRESS NEWSWIRE) — Medical and radiation oncology consulting firm Revenue Cycle and healthcare coding and compliance consulting and education firm Coding Strategies announce a merger that will bring the two companies together for the benefit of the healthcare industry. Founded in 1998 and based in Atlanta, Georgia , Coding Strategies provides consulting expertise and educational tools for the healthcare industry. […]

Mergers & Acquisitions

Sound United Announces Acquisition of D+M Group

Sound United Announces Acquisition of D+M Group Consolidated company joins together powerful audio brands with global scale, providing increased resources to invest in innovation PR Newswire VISTA, Calif., March 1, 2017 VISTA, Calif. , March 1, 2017 /PRNewswire/ — Sound United LLC , parent company to Polk Audio , Definitive Technology , and Polk BOOM , today announced it has completed the acquisition of the D+M Group, owner of the Denon , HEOS by Denon , Marantz , and Boston Acoustics brands. The D+M Group is the largest supplier of audio/video receivers worldwide and a leader in wireless multi-room audio. […]

Stock Analysts

AMC Entertainment (AMC) Beats on Q4 Earnings and Revenues

AMC Entertainment Holdings Inc. AMC reported strong financial results in the fourth quarter of 2016 wherein both the top line and the bottom line outpaced the Zacks Consensus Estimate. GAAP net income was $33.2 million or 33 cents per share compared with $41.6 million or 42 cents per share in the prior-year quarter. […]

Stock Analysts

Liberty Interactive (QVCA) Misses Q4 Earnings and Revenues

Liberty Interactive Corp. QVCA reported weak financial results in the fourth quarter of 2016 wherein both the top line and the bottom line fell short of the Zacks Consensus Estimate. Quarterly GAAP net income came in at $266 million or 58 cents per share compared with a net income of $312 million or 64 cents per share in the prior-year quarter. […]

Stock Analysts

Kinder Morgan Divests 49% Stake in Elba Liquefaction to EIG

Kinder Morgan, Inc. KMI recently announced that it has divested 49% interest in Elba Liquefaction Company, LLC to investment funds managed by EIG Global Energy Partners. The joint venture will gain ownership of 10 liquefaction units and other ancillary equipment to be constructed as part of the Elba Liquefaction Project at Kinder Morgan’s existing Southern LNG Company, L.L.C. […]

Mergers & Acquisitions

Actis launches "Atlas Renewable Energy", a Latin American solar generation platform, following acquisition of team and assets from SunEdison

Actis launches “Atlas Renewable Energy”, a Latin American solar generation platform, following acquisition of team and assets from SunEdison PR Newswire LONDON and MEXICO CITY, March 1, 2017 LONDON and MEXICO CITY , March 1, 2017 /PRNewswire/ — Actis, a leading growth markets investor, today announced a commitment amounting to $525 million to establish a Pan-Latin American renewable energy platform, Atlas Renewable Energy, which will target over 1,500 MWs of installed capacity across the Latin America region. Actis today completed the acquisition of over 1,500 MW of solar PV assets from SunEdison in Latin America . […]

Momentum Stocks

Bull of the Day: Deere (DE)

Deere & Company ( DE ) is sounding optimistic as its non-agriculture business appears to be rebounding. This Zacks Rank #1 (Strong Buy) raised guidance for 2017. For 175 years, Deere has manufactured agriculture, construction and forestry equipment […]