Month: August 2017

Scientific Games Corporation SGMS announced the launch of its new five-reel, 25-line video slot game named Anchorman: The Legend of Ron Burgundy , which will be available across North America soon. The game, based on Paramount Pictures' comedy franchise, ANCHORMAN , is designed for the new TwinStar V24/43 cabinet that “features best-in-class processing power, eye-catching 24-inch and 43-inch HD displays, interactive touch controls, and an immersive sound system that makes for a superior player experience.” We believe the new game will help to sustain the momentum in Scientific Games’ shares, which have gained 149.7% year to date, substantially outperforming the industry’s 9.8% rally. Growth in Gaming Segment In the last reported quarter, almost 60% of the company’s total revenue was contributed by its gaming segment, which was driven by growth in Gaming Machine sales and Gaming Systems […]

Enterprise Products Partners L.P. EPD recently announced that its plants in the Texas Gulf Coast did not suffer heavy damage from the tropical storm, Harvey. The midstream energy partnership has been able to continue partial operations in the region. […]

SunPower Corporation SPWR , a subsidiary of TOTAL S.A. TOT , has been selected by Santa Rosa Junior College, a CA-based community college for installing a solar and storage project. Per the deal, SunPower will be responsible for design, engineering, and procurement of materials for both solar and storage project […]

Amazon.com, Inc. ’s AMZN Amazon Web Services (AWS) and VMware VMW recently announced that VMware Cloud is now available on AWS. […]

Integrated oil and gas company, Royal Dutch Shell plc RDS.A along with U.S. based Apex International Energy, recently signed three oil and gas exploration deals worth more than $81.4 million. Shell has been operating in Egypt for more than a century, while Apex has just forayed into the Egyptian market. […]

Leading homebuilders like D.R. Horton, Inc. DHI and PulteGroup, Inc. […]

With solid prospects, Lantheus Holdings, Inc. LNTH is an attractive pick at present. The stock has rallied 26.1% over the last three months, ahead of the S&P 500’s 2.2% gain and also better than the broader industry 's 4.9%.The stock has a market cap of $631.23 million This diagnostic medical imaging agents and product provider’s estimate revision trend for the current year has also been positive. […]

Thermo Fisher Scientific Inc. TMO recently completed the buyout of Patheon N.V. Notably, Patheon is a leading contract development and manufacturing organization (CDMO) serving the pharmaceutical and biotechnology sectors. […]

Electric utility firm The Southern Company SO , together with other co-owners of the Vogtle Project, recently requested for additional federal loan guarantees, extending the $8.3 million loan guarantees already issued for the project. Georgia Power, subsidiary of Southern Company, is the chief owner of the project with a 45.7% interest. […]

Lowe's Companies, Inc. LOW , once an investor favorite, is in the red territory for quite some time now. […]

A.M. Best has reiterated the Long-Term Issuer Credit Ratings (ICR) of ‘a-’ of Primerica, Inc. PRI […]

Aerospace behemoth The Boeing Co. BA won a modification contract for upgrading F-15 Radar Modernization program (RMP).Work related to the deal is scheduled to be over by Apr 30, 2020. […]

On Aug 29, we issued an updated research report on chemical maker, Eastman Chemical Company EMN . Eastman Chemical witnessed higher profits in the second-quarter 2017, aided by its cost management actions, disciplined capital allocation and growth of high-margin products. The company recorded profit of $292 million or $2.00 per share, up roughly 15% from the year-ago figure of $255 million or $1.71 […]

Brown-Forman Corporation BF.B reported robust first-quarter fiscal 2018, wherein both earnings and sales topped estimates. In fact, the bottom-line results reflected a turnaround from the dismal earnings reported in the prior quarter. […]

Rockwell Collins Inc. COL is set to close a deal, per which it is expected to be acquired by United Technologies Corporation UTX , for more than $20 billion, according to the Wall Street Journal. United Technologies had submitted an offer to acquire the the company on Aug 4. […]

Freeport-McMoRan Inc. FCX provided an update on its negotiations with the Indonesian Government regarding long-term operating rights of PT Freeport Indonesia (PT-FI). Freeport and the government of Indonesia have agreed on a framework to support PT-FI’s investment plans in Papua […]

Clayton Holdings LLC, a unit of Radian Group Inc. RDN , recently made a wise and strategic decision to provide an all-inclusive securitization readiness solution for non-agency assets. This solution will not only boost Radian Group’s service portfolio but also help the lenders and aggregators in the compliance process, pertaining to private label securitizations (PLS). […]