Premium networking, telecommunications equipment and services provider, Ericsson ’s ERIC financial troubles over the past few years have been well-documented. The company’s repeated earnings misses, eroding profitability and precipitous revenue decline have left investors high and dry. Most recently, write-downs and restructuring costs have pushed the bottom line deep into the red. […]
On May 29, 2017, we issued an updated report on Nektar Therapeutics NKTR . Nektar Therapeutics is a biopharmaceutical company focused on the development of treatments utilizing its PEGylation and advanced polymer conjugate technology platforms. Nektar’s shares have significantly outperformed the Zacks classified Medical-Drugs industry so far this year, having returned 69.5% compared with the industry's gain of 5.2% […]
Broadcom Limited AVGO is set to release second-quarter fiscal 2017 results on Jun 1. Last quarter, the company posted a positive earnings surprise of 5.63%. We note that the company delivered positive earnings surprises in all of the trailing four quarters, with an average beat of 5.95% […]
Headquartered in Leverkusen, Germany, Bayer AG BAYRY is a life science company with core competencies in the areas of health care and agriculture. It looks like a great stock to buy now. Here are some reasons for the same […]
Elite Limousine Plus Acquires First Corporate Sedans, Creating Tri-State’s Largest Luxury Car Service Combined Company Gives Customers Access to a fleet of over 800 High Quality Vehicles Backed by 24×7 Customer Support and Full Benefits of Ride Sharing App Technology PR Newswire NEW YORK, May 30, 2017 NEW YORK , May 30, 2017 /PRNewswire/ — In a move that promises to reshape the local black car services market, Elite Limousine Plus, Inc. (Elite) today announced that it has acquired First Corporate Sedans, Inc. […]
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today: Acacia Research Corporation ACTG is a licenser of patented technologies. The Zacks Consensus Estimate for its current year earnings has been revised 21.1% downward over the last 30 days. Cloud Peak Energy Inc. […]
USI Expands Benefits Presence in MidAtlantic Region with Acquisition of the Employee Benefits Business from The Hartman Group Hartman Employee Benefits, Inc., Joins USI, Top Five Employees Benefits Broker in Pennsylvania PR Newswire VALHALLA, N.Y., May 30, 2017 VALHALLA, N.Y. , May 30, 2017 /PRNewswire/ — USI Insurance Services (” USI “) has acquired Hartman Employee Benefits, Inc., (“Hartman Employee Benefits”) from The Hartman Group. […]
Gavial Engineering & Manufacturing, Inc. to Offer ITC Transducers PR Newswire SANTA BARBARA, Calif., May 30, 2017 SANTA BARBARA, Calif. , May 30, 2017 /PRNewswire/ — Gavial Holdings, Inc […]
On May 30, Zacks Investment Research upgraded Standard Motor Products Inc. SMP to a Zacks Rank #2 (Buy). Going by the Zacks model, companies carrying a Zacks Rank #2 have higher chances of outperforming the broader market […]
PPG Industries PPG declared that it has reached a definitive agreement to sell the remaining fiberglass operations to Nippon Electric Glass Co. Ltd. (“NEG”), a leading fiberglass maker […]
On May 29, Barrick Gold Corporation ABX reported that an unplanned work stoppage, initiated by one of the unions representing employees at the Veladero mine in the San Juan province, Argentina, has ended. The work stoppage was initiated on May 28. The company is in talks with the union leadership to seek a timely solution to the situation […]
Clean Energy Fuels Corp. CLNE recently announced that it has received a renewable natural gas contract to fuel the Los Angeles County Metropolitan Transportation Authority’s fleet of transit buses. Clean Energy Fuels will be offering its Redeem brand of RNG – the first renewable and commercially available vehicle fuel made completely from 100% organic waste– to Los Angeles Metro. […]
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? One way to find these companies is by looking at several key metrics and financial ratios, many of which are crucial in the value stock selection process […]
Oil field services firm Baker Hughes Inc. BHI recently reported the rig count for the week ended May 26, 2017. In the U.S., the total number of rigs increased from the previous week, primarily owing to a rise in the number of land rigs […]
On May 29, 2017, we issued an updated research report on Crown Castle International Corp. CCI , a leading wireless communication tower operator in the U.S. The company currently carries a Zacks Rank #3 (Hold). […]
On May 29 2017, we issued an updated research report on leading medical devices company, Boston Scientific Corporation BSX . The stock currently carries a Zacks Rank #3 (Hold). Boston Scientific’s shares gained 9.46% in the past three months, considerably ahead of the Zacks categorized Medical – Products Industry’s gain of 1.29% […]
Garmin Ltd. ’s GRMN Garmin International Inc. will seek a review of the International Trade Commission’s (ITC) decision to impose a fine of $37 million for an alleged patent violation […]
We issued an updated report on Regeneron Pharmaceuticals, Inc. REGN on May 29. Regeneron’s key growth driver, Eylea, continues to drive revenues […]
Share price of CMS Energy Corporation CMS , an electric and power company, hit a new 52-week high of $47.50 on May 26, closing a tad lower at $47.41. In the last six months, the stock returned about 17.9% compared with the Zacks categorized Utility – Electric Power industry’s gain of 11.3%. […]
AGCO Corporation AGCO , a manufacturer and distributor of agricultural equipment and related replacement parts, has been performing well of late. Shares of this Zacks Rank #1 (Strong Buy) stock have gained 10.5% year to date. If you haven’t taken advantage of the share price appreciation yet, the time is right for you to add the stock as AGCO looks promising and is poised to carry the momentum ahead […]
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