Analog Devices Inc. ADI reported second-quarter fiscal 2017 adjusted earnings of $1.03 per share, which beat the Zacks Consensus Estimate of 85 cents. Adjusted earnings per share (EPS) exclude one-time items but include stock-based compensation expenses […]
Boom Fantasy Announces $2 Million Round, Acquires DFS Competitor Draftpot Founders Fund’s FF Angel leads Boom Fantasy’s Series Seed round, with participation from MLB ownership and industry heavyweights across sports, media, and technology PR Newswire NEW YORK, May 31, 2017 NEW YORK , May 31, 2017 /PRNewswire/ — Boom Fantasy, the fast-rising new competitor in fantasy sports, has closed a $2 million Series Seed round. The company will use the new funds for product advancement and player enhancements. In conjunction with the raise, Boom Fantasy has acquired the primary assets of market competitor Draftpot as the industry continues to consolidate […]
Albertsons Companies Acquires MedCart Specialty Pharmacy PR Newswire BOISE, Idaho, May 31, 2017 BOISE, Idaho , May 31, 2017 /PRNewswire/ — Albertsons Companies announced today that it recently acquired MedCart Specialty Pharmacy in order to strengthen and extend its pharmacy specialty services. MedCart Specialty Pharmacy is an industry-leading, URAC accredited, pharmaceutical and healthcare provider of customized specialty care services and medication management for patients and physicians addressing complex diseases. “MedCart Specialty Pharmacy has built an exemplary operation which complements our patient centered care strategy and pharmacy services growth plan,” explained Mark Panzer , Senior Vice President, Albertsons Companies, Pharmacy Health and Wellness. […]
KeyBank National Association to Acquire HelloWallet from Morningstar, Inc., Accelerating KeyBank’s Innovative Financial Wellness Commitment PR Newswire CLEVELAND, May 31, 2017 CLEVELAND , May 31, 2017 /PRNewswire/ — KeyCorp (NYSE: KEY) and Morningstar, Inc. (NASDAQ: MORN), today announced that they have entered into a definitive agreement for the acquisition by KeyBank of leading personal software platform HelloWallet from Morningstar, Inc. The acquisition is subject to customary closing conditions. […]
Value investing is easily one of the most popular ways to find great stocks in any market environment. After all, who wouldn’t want to find stocks that are either flying under the radar and are compelling buys, or offer up tantalizing discounts when compared to fair value? […]
The Wall Street banking giant – Citigroup Inc. C – continued the strategy of divesting parts of its consumer and investment banking operations to free up capital, reduce expenses and in turn, increase profits. The firm has entered into an agreement to vend its Fixed Income Analytics and Index Businesses to London Stock Exchange Group plc (LSE ) […]
In a clear departure from previous months, data released on Thursday revealed that consumers had quickened spending substantially during the month of April. The recently released GDP report had underlined the economy’s problems during the first three months of the year. […]
Primoris Services Corporation PRIM recently acquired the assets of Florida Gas Contractors (FGC), for approximately $33 million. The buyout will broaden the geographic reach of Primoris’ Utilities and Distribution segment. […]
Chemical company, Huntsman Corporation HUN , has been performing well of late. The company has a market capitalization of about $5.8 billion. The stock has yielded a solid one-year return of around 58.1% […]
Value investing is easily one of the most popular ways to find great stocks in any market environment. After all, who wouldn’t want to find stocks that are either flying under the radar and are compelling buys, or offer up tantalizing discounts when compared to fair value? […]
Headquartered in Sunnyvale, CA, Intuitive Surgical Inc . ISRG recently announced that the da Vinci X Surgical System, an upgrade to its flagship da Vinci Xi surgical platform, has been cleared by the FDA. […]
Merck & Co., Inc. MRK recently announced that the FDA has approved Isentress HD, a new 1,200 mg once daily dose of its marketed drug Isentress (raltegravir), in combination with other anti-retroviral therapies. The drug is meant for the treatment of adults and pediatric patients with HIV-1 infection (weighing at least 40 kg). […]
Pfizer Inc. PFE announced that its Trumenba vaccine received approval from the European Commission (EC) for active immunization of people aged 10 years and older for the prevention of invasive disease caused by Neisseria meningitidis serogroup B (MenB). Shares of Pfizer have underperformed the Zacks classified Large Cap Pharma industry so far this year. […]
Western Digital Corp WDC recently announced the launch of the world’s first client solid state drives (SSDs) built with its 64-layer 3D NAND technology. The drives have been named WD Blue 3D NAND SATA SSD and SanDisk Ultra 3D SSD. Both the products will be available in 250GB, 500GB, 1TB and 2TB capacities, at an approximate retail price of $99 as suggested by manufacturers. […]
Arthur J. Gallagher & Co. […]
Community Health Systems, Inc. CYH has signed a definitive agreement to sell five Pennsylvania hospitals and their associated assets to the subsidiaries of Reading Health System. Hospitals included in the transaction are the 169-bed Brandywine Hospital in Coatesville, the 148-bed Chestnut Hill Hospital in Philadelphia, the 63-bed Jennersville Hospital in West Grove, the 151-bed Phoenixville Hospital in Phoenixville and the 232-bed Pottstown Memorial Medical Center in Pottstown. […]
On May 30, we issued an updated research report on U.S. based automotive replacement parts provider, Standard Motor Products Inc. SMP […]
Industrial battery manufacturer, EnerSys ENS kept its winning streak alive for the fifth consecutive quarter. The company’s fiscal fourth-quarter 2017 adjusted earnings came in at $1.28 a share, beating the Zacks Consensus Estimate of $1.21 by 5.8%. The bottom line fared even better on a year-over-year comparison, improving 24.3% from the prior-year figure of $1.03 […]
Qualcomm Inc. QCOM , the largest mobile chipset manufacturer using baseband technology globally, through its subsidiary, Qualcomm Technologies, Inc., unveiled the Qualcomm Mesh Networking Platform. The platform was launched at the Computex trade show in Taipei, Taiwan on May 30, 2017 […]
Orbital ATK OA announced that it has been awarded an initial $90 million contract from Northrop Grumman NOC to supply parts for the B-2 Spirit stealth bomber. Contract Detail Under the terms of the contract that extends for five years, Orbital ATK will produce composite components for the B-2 Spirit stealth bomber. There will be an open option for follow-on orders […]
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