The Redwood Group, LLC Completes Its Acquisition Of The Food, Seed, And Grain Operations Of Lathrop Feed & Grain, Inc. PR Newswire MISSION, Kan., Sept. […]
Hurricane Harvey's devastation has ranged far and wide, with heavy rainfall and flooding continuing to hit parts of Texas — particularly Houston — and Louisiana. Houston is the fourth most populous city in the United States and represents about 2% of the country’s total restaurant presence. In fact, according to the country’s official website, Houston residents are more likely to eat out than any other city in the country […]
The U.S. aerospace and defense stocks have seen significant upward trends so far this year, primarily on the back of increasing geopolitical uncertainties worldwide. […]
Wall Street witnessed a decent rally of the defense stocks at the onset of this week owing to North Korea’s missile launch that flew over Japan's Hokkaido island before crashing in to the sea. North Korea’s President justified the move as an action to counter the United States and South Korean military drills. In retaliation, South Korea dropped bombs on Korean peninsula […]
SYNNEX Completes Acquisition of Westcon-Comstor North America and Latin America Businesses PR Newswire FREMONT, Calif., Sept. 1, 2017 FREMONT, Calif. […]
VRP Consulting Expands Its Global Reach With the Acquisition of EU-Based CodeSWAT PR Newswire SAN FRANCISCO, Sept. 1, 2017 SAN FRANCISCO , Sept. […]
Midstream player Energy Transfer Partners ETP recently received approval from the Federal Energy Regulatory Commission (FERC) to offer Phase 1A of the Rover Pipeline. Phase 1A signifies the portion of the Rover Pipeline that spreads over 212 miles and will carry natural gas from Cadiz, OH, to Defiance, OH. The pipeline initiated service on Aug 31 […]
The second half of 2017 has already started, but for the 63-million citizens who voted for President Donald Trump at Capitol Hill have yet to witness the abolishment of Obamacare or a Mexican wall. The dollar has been under strong selling pressure this year amid ongoing uncertainty over the economic agenda of Trump and mounting speculation on whether the Fed will implement a third-rate hike this year. […]
Shares of U.S. Concrete Inc. USCR , a provider of ready-mixed concrete and concrete-related products and services, rallied 12.4% since Harvey wreaked havoc on Aug 25 […]
The Cooper Companies Inc. COO reported adjusted earnings of $2.64 in third-quarter fiscal 2017, surpassing the Zacks Consensus Estimate by 6 cents and improving from $2.30 in the year-ago quarter. We believe that the upside was driven by robust revenue growth. […]
Shares of chemical maker, Eastman Chemical EMN touched a fresh 52-week high of $86.79 on Aug 31, before pulling back to eventually close the day at $86.20. Eastman Chemical has a market cap of roughly $12.5 billion and average volume of shares traded in the last three months is around 1,035.4K. The company has an expected long-term earnings per share growth of around 7.9%. […]
Palo Alto Networks Inc. PANW reported better-than-expected fourth-quarter fiscal 2017 results. Palo Alto Networks reported adjusted earnings per share (excluding stock-based compensation, amortization and other one-time items) of 92 cents, surpassing the Zacks Consensus Estimate of 79 cents […]
The Coca-Cola Company KO has a possibility to take over the renowned energy drink maker Monster Beverage Corp. MNST , according to founder of The Street, Jim Cramer. Meanwhile, Monster Beverage’s shares scaled a new 52-week high of $56.44 on Aug 31, finally ending the day’s trading a tad lower at $55.82. […]
Tech Data Corp. TECD reported fiscal second-quarter 2018 non-GAAP earnings of $1.74 per share, which missed the Zacks Consensus Estimate of $2.06. […]
In the top stories last week, Alphabet GOOGL launched its Chrome Enterprise subscription to challenge Microsoft MSFT , Apple AAPL is likely beefing up Apple Music while Western Digital WDC looks set to acquire a stake in Toshiba Memory and prevent its sale to competitors. Here are the details: Google’s Chromebook Heads for the Enterprise Google has announced a service called Chrome Enterprise for $50 per chromebook per year. This compares with Microsoft’s $84 per user per year for Windows 10 Enterprise E3. […]
Carestream Dental Becomes Independent Global Company Following Acquisition by Clayton, Dubilier & Rice, Hillhouse/CareCapital Investment signals opportunity for growth in the oral healthcare market PR Newswire ATLANTA, Sept. 1, 2017 ATLANTA , Sept. […]
Frito-Lay, owned by PepsiCo Inc. PEP , aims to get into organic grocery stores, with organic Doritos, Tostitos, Cheetos and other snacks, per a Blomberg report. This is quite a smart move by Frito-Lay amid continuously shifting consumer preference toward healthier options […]
Orbital ATK, Inc. OA announced that it has been awarded a $157 million contract from the U.S. […]
Principal Financial Group Inc . PFG remains poised for growth, banking on deeper focus on fee-based revenue sources, strategic acquisitions, improving asset under management and effective capital deployment. The Zacks Rank #2 (Buy) investment manager looks promising on the back of a number of growth drivers. […]
Amgen, Inc. AMGN announced that the European Commission has approved the marketing application for a pediatric formulation (granules in capsule for opening) of Mimpara for the treatment of secondary hyperparathyroidism (sHPT). […]
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