Momentum Stocks

Bear of the Day: Bojangles’ (BOJA)

It isn’t much of a secret that things have been pretty poor for the restaurant industry as of late. Competitive pressures, changing consumer tastes, and a general shift away from the space by investors, have all combined to push the industry lower. […]

Mergers & Acquisitions

GRUI Signs LOI to Acquire Squeeze Report Inc., an Investment Community Website with Proprietary Stock Trading Algorithms

GRUI Signs LOI to Acquire Squeeze Report Inc., an Investment Community Website with Proprietary Stock Trading Algorithms PR Newswire DALLAS, August 29, 2017 DALLAS , August 29, 2017 /PRNewswire/ — Grupo Resilient International, Inc. (OTC: GRUI) today announced its technology subsidiary, Resilient Data Corporation has signed an LOI to acquire 100% of Squeeze Report, Inc. Squeeze Report is an investment community website that has proprietary stock trading algorithms. […]

Stock Analysts

Minerva-J&J’s Amendment of MIN-202 Contract Wins EU Approval

Minerva Neurosciences, Inc. NERV announced that an amendment to its license agreement with Janssen Pharmaceuticals, a subsidiary of Johnson & Johnson JNJ , related to co-development of orexin-2 receptor antagonist, MIN-202 (JNJ 42827922), has been approved of in the EU. Notably, Minerva entered into the agreement with Janssen in June, the execution of which was dependent on the sanction of its certain term by the EU […]

Stock Analysts

J&J’s (JNJ) Xarelto/Aspirin Regimen Positive in Phase III

Johnson & Johnson ’s JNJ subsidiary, Janssen, announced data from a pivotal phase III study, showing that its blood thinner Xarelto has significantly reduced major cardiovascular events in patients with stable coronary and peripheral artery disease (CAD/PAD). The study is being currently conducted to expand Xarelto’s label (rivaroxaban, 2.5 mg twice-daily) in combination with aspirin (100 mg once daily) versus aspirin alone. […]

Stock Analysts

Airline Operations Disrupted as Harvey Wreaks Havoc

Normal life has been disrupted with the tropical storm Harvey wreaking havoc, and is expected to cause further damage. In fact, the storm caused severe devastation throughout the weekend with Houston – the fourth largest city in the country — experiencing the worst hit. Meanwhile, the city has been witnessing unprecedented rainfall, resulting in multiple causalities […]

Stock Analysts

Roche’s Gazyva Gets Priority Review for Follicular Lymphoma

Roche Holding AG RHHBY announced that the FDA has accepted the company’s supplemental Biologics License Application (sBLA) and granted Priority Review to Gazyva in combination with chemotherapy followed by Gazyva alone for patients suffering from previously untreated follicular lymphoma. The FDA is expected announce its final decision by Dec 23. We remind investors that priority review is given to those drugs which the FDA believes have the potential to provide significant improvements in the safety and effectiveness of the treatment, prevention or diagnosis of a serious disease […]

Stock Analysts

U.S. Apartment Supply Remains High, No Respite in Near Term

The U.S. apartment supply remains elevated, with fourth-quarter 2017 projected to be the peak period for deliveries. However, delays resulting from labor shortage and escalating costs could push the peak season to first-quarter 2018, as expected completion dates of a number of projects are changing to early 2018 from late 2017. […]

Stock Analysts

Novartis Announces Positive Data on Cardiovascular Drug

Novartis AG NVS announced positive primary data from the phase III study, CANTOS, on pipeline candidate canakinumab (ACZ885). The study evaluated quarterly injections of canakinumab in patients with a prior heart attack and inflammatory atherosclerosis as measured by high-sensitivity C-reactive protein. […]

Mergers & Acquisitions

Continental To Acquire New Indonesian Property Interest

Continental To Acquire New Indonesian Property Interest PR Newswire JAKARTA, Indonesia, Aug. 28, 2017 JAKARTA, Indonesia , Aug. 28, 2017 /PRNewswire/ — Continental Energy Corporation (OTCQB: CPPXF) (the ” Company “) today announced that it has entered into a preliminary private placement agreement with PT ALT GME Bungalun Kariorang (” AGBK” ), a privately owned Indonesian company […]

Stock Analysts

Don’t Sell Federal Realty’s (FRT) Stock Now: Here’s Why

Federal Realty Investment Trust FRT , similar to other retail real estate investment trusts (REIT), has been facing low demand for its real estate amid a rising trend in online purchases. Hence the company has been capitalizing on expansion opportunities in premium markets to support its operating performance. Specifically, Federal Realty has been actively investing in assets, which generates income growth and creates long-term value. […]

Stock Analysts

Why Should You Hold on to Arch Capital (ACGL) Stock Now?

Arch Capital Group Ltd. ACGL has effectively confirmed to evolving demands and expectations of clients for years, building up a solid product and service portfolio in the process. Keeping this performance intact, the company continues to push the envelope only to grow from strength to strength in the future. […]

Stock Analysts

ExxonMobil Concludes Jurong Aromatics Deal in Singapore

World's largest publicly traded oil company, ExxonMobil Corporation 's XOM subsidiary in Singapore recently acquired the Jurong aromatics complex in Singapore, among the world’s largest. Notably, ExxonMobil Asia Pacific first announced the acquisition plan in May 2017 . The integrated major, which is operating in Singapore for more than 120 years, has rehired most of the employees of the aromatics facility. […]