Month: November 2017

Ulta Beauty ULTA posted mixed Q3 earnings and forecast after the closing bell today, and stocks are down in late trading on the news. Earnings of $1.70 per share beat the Zacks consensus by 3 cents, while revenues of $1.34 billion were exactly in-line with expectations. Ecommerce was up 62% year over year, and guidance for Q2 has been raised from our $1.92 billion consensus, but shares are selling off in the after-hours based on lowered guidance for Q4 earnings. […]

Following the FDA approval of Zilretta in October for managing osteoarthritis (“OA”) of the knee, Flexion Therapeutics, Inc. FLXN has recently announced the full commercial launch of the same. […]

WellCare Health Plans, Inc. WCG appears a solid bet, riding high on organic strength and earnings growth prospects. […]

The increase in oil exports from the United States into the Asian markets can put pressure on the world markets as the supplies from OPEC may eventually be replaced with that of the United States. U.S. crude oil exports to Asia last week hit the highest in two months, and the second-highest on record, at 877,000 barrels per day (bpd), according to data from Kpler […]

The much awaited spin-off of CONSOL Energy Inc. (CONSOL) is over, leading to the formation of two separate entities focusing on the Gas and Coal businesses of the company. […]

Shares of Genpact Limited G touched 52-week high of $32.45, eventually closing at $32.01 on Nov 29, 2017. The stock has gained 31.5% year to date, substantially outperforming the 5.2% rally of the industry it belongs to. The outperformance can be attributed to expanding customer base as well as strong execution over the last four quarters. […]

Snap Inc. SNAP announced that it is revamping its messaging application, Snapchat by separating posts made by friends and the ones made by publishers in an attempt to make the platform more user-friendly. Per the blog post, the right side of the app will have the Discover page covering Stories posted by brands and advertisers while the left side will feature a new page called “Friends” containing chats and Stories by friends […]

The Medicines Company MDCO announced that it has entered into a definitive agreement with antibiotics company, Melinta Therapeutics, Inc. MLNT , for selling its infectious disease business unit for an upfront payment of $270 million. The agreement will grant Melinta worldwide rights of Orbactiv, Minocin and recently launched Vabomere. […]

Assurant inc . AIZ has been witnessing downward revisions lately. […]

The U.S. telecom industry remained rather subdued last week. […]

Hilton Worldwide Holdings Inc. HLT is known for its scale, size and commercial platform. The company has a portfolio of more than 100 hotels and resorts in Latin America. […]

Customers are spoiled with choices for multiple brand new or soon-to-be launched electric cars flooding the market. These new age models with upgraded features have been wooing clients, leading to a steady rise in sales. […]

Box, Inc. ’s BOX fiscal third-quarter 2018 adjusted loss was 13 cents per share, in line with the Zacks Consensus Estimate. The loss was 18.2% wider on a sequential basis but 7.7% narrower than the year-ago quarter. […]