Month: December 2017

Markets enjoyed another month of strong gains, boosted by encouraging economic data and hopes surrounding tax reforms. Additionally, the Fed chose not to hike rates in November and offered a positive view about the U.S. economy. […]

Major automakers across the globe reported mixed vehicles sales figures in November. Per the data provided by Autodata Corp, in November 2017, the seasonally adjusted annualized rate (SAAR) of U.S. car and light truck sales declined to 17.48 million vehicles, from 17.71 million in November 2016. […]

Shares of SodaStream International Ltd. SODA have rallied more than 78% so far this year. However, its industry has lost 9.6% in the same time frame […]

RH RH , formerly Restoration Hardware, is slated to report third-quarter fiscal 2017 results (ending Oct 28) after the closing bell on Dec 5. Last quarter, the company delivered a positive earnings surprise of 38.3%. […]

On Dec 2, Twitter Inc. TWTR was upgraded to a Zacks Rank #1 (Strong Buy). Why the Upgrade? […]

The Royal Bank of Scotland plc RBS recently announced plans to close about 259 branches in order to accommodate changing customer preferences to digitization. The state-owned lender’s move has attracted opposition from Britain’s labor union, Unite. […]

Pfizer Inc. PFE announced that it has bought exclusive rights to develop and commercialize Swiss company Basilea Pharmaceutica’s anti-fungal treatment, Cresemba (isavuconazole), in China and other countries in the Asia-Pacific region. Notably, Cresemba is an intravenous (IV) and oral azole antifungal therapy, presently marketed in the United States as well as the EU for treating two serious infections, invasive aspergillosis and invasive mucormycosis. […]

In a bid to enhance its inorganic growth, The Cooper Companies, Inc. COO announced that CooperVision has completed the buyout of Paragon Vision Sciences. Headquartered in Gilbert, AZ, Paragon provides orthokeratology (ortho-k), specialty contact lenses and oxygen permeable rigid contact lens material […]

Ford Motor Company F is in process to issue two safety recalls and two safety compliance recalls in North America. The company is issuing safety recall for roughly 202,274 2016 Ford F-150 and 2016 Ford Explorer vehicles with defective front power seats that might lead to looseness in the adjuster assembly of the front seats. […]

Duluth Holdings Inc. DLTH is slated to report third-quarter fiscal 2017 results on Dec 7, before the market opens. This apparel retailer has a mixed record of bottom-line surprises in the trailing four quarters, with a beat of 30% in the preceding quarter. […]

The bull market that started in 2009 is expected to go strong this year. This optimism largely stems from the Santa Claus rally, which is being felt way ahead of Christmas. […]

In the Global Week Ahead , to find the biggest fundamental catalyst for stock markets, target the usual suspect at the top of a month – the latest U.S. non-farm payroll report . On Wednesday, the ADP private payroll report lands. […]

T-Mobile US Inc. TMUS recently requested for Special Temporary Authority (STA) from the Federal Communications Commission (FCC) to test microwave radio spectrum bands in two sites in Bellevue, WA. The third-largest wireless operator in the United States has plans to evaluate microwave radio spectrum with integrated antenna for the 71-76 GHz and 81-86 GHz bands […]