Month: November 2017

Whirlpool Corporation WHR has recently concluded the two-year expansion of its manufacturing unit in La Tablada city in Buenos Aires Province, Argentina. This facility is likely to manufacture front load washing machines with Sense Inverter technology. The latest expansion is in sync with the more than $20 million investment plan initiated last year, following commencement of manufacturing at the facility […]

Despite facing challenges at its U.S. retail business, Guess?, Inc. […]

Share price movement of upstream player Apache Corporation APA has been weak, both in absolute and relative terms. Year to date, Apache’s shares have plunged 36%, underperforming the industry ’s decline of 22%. […]

A successful investor understands the importance of adding well-performing stocks to the portfolio at the right time. Indicators of a stock’s bullish run include a rise in share price and strong fundamentals. […]

Moving ahead with its divestment goals, European oil giant Royal Dutch Shell plc RDS.A is set to vend stakes in pipelines and terminals to its subsidiary Shell Midstream Partners LP SHLX in an $825-million deal. According to Shell Midstream, the purchase price is approximately 8.4 times the pipelines’ projected adjusted earnings before interest, taxes, depreciation and amortization for the next one year. The partnership is likely to finance the deal with borrowing under the new and current credit facilities […]

A leading international provider of payment technology services, Global Payments Inc. GPN recently introduced a simpler option called Apple Pay through a joint venture with CaixaBank, the leader in retail banking in Spain. The venture named Comercia Global Payments EP, S.L will provide Apple Pay service via CaixaBank Pay app to its users, who can add their CaixaBank cards to Apple Wallet and effortlessly use the facility for purchases at any contactless enabled retail location. […]

Williams-Sonoma, Inc. WSM launched the Pottery Barn 3D Room View augmented reality (AR) app on iOS for iPhone and iPad to enhance customers’ virtual reality experience. Shares of this multi-channel specialty retailer of premium quality home products jumped 9.4% on Nov 29. […]

Banco Santander, S.A. SAN recently conducted a review of its goodwill. […]

Lloyds Banking Group plc LYG will be closing 49 branches, in sync with the changing consumer preferences and as part of its efforts to move toward digitization. The move will result in nearly 100 job cuts. The branch closure, expected to occur next year, will affect 32 Lloyds Bank branches, six Halifax branches and 11 Bank of Scotland branches. […]

Celanese Corporation CE will increase the list and off-list selling prices of acetaldehyde. The price hike will be effective immediately or as contracts permit. […]

DowDuPont Inc .’s DWDP Specialty Products Division has introduced DuPont Kalrez 9600, an innovative perfluoroelastomer compound. The product has been designed to meet the needs of the semiconductor fabricating industry. The well-balanced, high-purity perfluoroelastomer product offers longer seal life through enhanced performance properties in an array of aggressive and emerging high-temperature plasma applications […]

The Chemours Company ’s CC stock looks promising at the moment. The company’s shares have surged around 110.1% over a year. We are positive on the company’s prospects and believe that the time is right for you to add the stock to portfolio as it looks promising and is poised to carry the momentum ahead […]

CF Industries Holdings, Inc. ’s CF stock looks promising at the moment. The company, currently carrying a Zacks Rank #2 (Buy), has seen its shares rally roughly 17% year to date […]

Spirit Airlines, Inc. SAVE has announced the addition of 11 new routes starting next spring. The carrier’s move is a prudent one, as it is likely to boost traffic on the new routes, thereby driving the top line […]

Companhia Paranaense de Energia ELP or COPEL reported net earnings of R$389.8 million ($123.4 million) in third-quarter 2017 versus net loss of R$75.1 million ($23.1 million) incurred in the year-ago quarter. The bottom-line results were driven by higher revenues, rise in financial income and growth in operational income, partially offset by higher operating costs and expenses. Earnings per share came in at R$1.40 or 44 cents per American Depository Receipt (ADR), significantly above loss of R$0.32 or 10 cents per ADR in the year-ago quarter […]

PVH Corporation PVH delivered better-than-expected earnings and sales results for third-quarter fiscal 2017. While this marked the company’s fifth straight sales beat, earnings topped estimates for the 14th consecutive quarter. Results continued to benefit from solid momentum at the company’s premium Calvin Klein and Tommy Hilfiger brands. […]