American Water Works Company AWK announced that its subsidiary, Illinois American Water will invest $5.7 million in 2017 to replace aging water mains and install 11 pressure-reducing valves in the system’s high service zone in Peoria. The company aims to replace 21,000 feet of old pipelines. […]
In an otherwise somber week, Hurricane Harvey gave a severe jolt to many industries, including auto. In fact, Harvey, which devastated the Houston area, home to more than 500 auto dealerships, will have a grave impact on the auto space that is already grappling with challenges. Notably, Texas is the second-largest auto market in the United States, after California. […]
On Aug 31, we issued an updated research report on U.S. national wireless carrier Sprint Corp. S […]
Per Business Insider , Honda Motor Company HMC plans to launch two fully-electric vehicles in 2018. Of which, one will be unveiled in China and the other in Europe. In June, Honda announced the upcoming model launch for the Chinese market, the world’s largest market for electric vehicles. […]
The discount store industry continues to enjoy a favorable spot within the Retail sector, which is evident from solid performance of its players, including Ross Stores Inc. ROST . The company is among few in the space that has been consistent with earnings performance and is also gaining momentum from store expansion and merchandising initiatives […]
Molina Healthcare, Inc MOH continues to grow on membership. Over last few years, aggregate membership consistently increased on the expansion of the Affordable Care Act (ACA). The uptrend in membership continued in the first half of 2017 as well on the back of increased Marketplace-enrollment and the acquisition of Medicaid managed care […]
On Aug 29, we issued an updated research report on Sunnyvale, CA–based Accuray Inc. ARAY , a leading developer and designer of radiosurgery and radiation therapy systems for the treatment of tumors. […]
CACI International Inc CACI announced that it has been awarded a task order worth $51 million by the 90th Cyberspace Operations Squadron (90th COS), a subordinate unit of the 24th Air Force. The contract spans over a period of three years, awarded under the Network-Centric Solutions-2 contract vehicle. Per the deal, CACI will provide software development support to 90th COS. […]
A glimpse of Foot Locker, Inc. ’s FL share price movement reveals that it has plunged about 25% in a month wider than the industry ’s decline of 11.9%. […]
We issued a research report on Nordson Corporation NDSN on Aug 31. We believe that weak projections for the upcoming quarter, risks arising from international diversification and escalating costs and debt levels, and competitive threats have weakened the company’s prospects. It currently carries a Zacks Rank #4 (Sell) […]
Algonquin Power & Utilities Corp. Continues Expansion of its Regulated Utility Distribution Business in the United States PR Newswire OAKVILLE, ON, Aug. […]
Charleston Laboratories, Inc. Reacquires Rights to Novel Investigational Treatment CL-108, for Acute Pain and Opioid-Induced Nausea and Vomiting PR Newswire JUPITER, Fla., Aug. 31, 2017 JUPITER, Fla […]
Campbell Soup Company CPB , the manufacturer of branded convenience food products, reported fourth-quarter fiscal 2017 adjusted earnings of 52 cents a share lagging the Zacks Consensus Estimate of 55 cents and up 13% year over year. Earnings Estimate Revision: The Zacks Consensus Estimate for fiscal 2017 and 2018 has been stable in the last 30 days. If we look at Campbell Soup’s performance in the trailing four quarters (excluding the quarter under review), the company has underperformed the Zacks Consensus Estimate by an average of 1.8%, with a miss in two quarters. […]
VOXX International Corporation Completes Its Sale Of Hirschmann Car Communication To TE Connectivity And Receives Approximately $170.0 Million PR Newswire HAUPPAUGE, N.Y., Aug. 31, 2017 HAUPPAUGE, N.Y. […]
First Quantum Minerals to increase its ownership in Minera Panama S.A. to 90% PR Newswire TORONTO, Aug. […]
Shares of Bob Evans Farms, Inc. BOBE rallied 7% in the trading session on Aug 30, after the company reported better-than-expected first-quarter fiscal 2018 results. Per management, Bob Evans reported “strong sales performance in both sides and sausage and good profit performance despite higher than forecasted sow costs.” Recent Developments In May 2017, Bob Evans completed the sale of its restaurant business — Bob Evans Restaurants — to private equity firm Golden Gate Capital for $565 million […]
Toyota Motor Corporation TM engages in collaboration to offer ride-hailing services in Southeast Asian countries. Companies like Toyota Financial Services Corporation (“TFS”), Aioi Nissay Dowa Insurance Co., Ltd. […]
Spotting harmful stocks and abandoning them at the right time is the key to protect your portfolio from big losses or make profits by short selling them. Here are four stocks with an unfavorable rank and serious fundamental drawbacks for investors to get rid now: Attunity Ltd. […]
Zumiez Inc. ZUMZ is slated to release second-quarter fiscal 2017 results on Sep 7. The question lingering in investors’ minds is whether this mall-based specialty retailer of action sports related products will be able to deliver a positive earnings surprise in the quarter to be reported […]
We issued an updated research report on Entergy Corporation ETR on Aug 29. Of late, Entergy is gradually shifting from being a hybrid to a pure-play utility. The company began this process by closing Vermont Yankee power plant in 2014 […]
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