Month: December 2017

On Dec 1, we issued an updated research report on The PNC Financial Services Group, Inc. PNC . […]

Raytheon Company RTN recently secured a foreign military sales (FMS) contract for providing technical expertise and assistance to the Qatar government. Work related to this contract is scheduled to be over by Nov 30, 2022. […]

ARRIS International plc ARRS has recently completed the previously announced acquisition of Ruckus Wireless and ICX Switch Business from Broadcom Limited AVGO . The deal was announced in February for a cash of $800 million along with the additional cost of unvested employee stock awards following Broadcom’s buyout of Brocade in November, 2017. ARRIS’ acquisition is expected to be value accretive to its earnings in the first year. […]

Barrick Gold Corporation ABX declared that it has acquired 48 million common shares of Reunion Gold Corporation, representing roughly 15% of issued and outstanding common shares, on non-diluted basis, in a non-brokered private placement at a price of C$0.19 per share for a total consideration of C$9.12 million. Barrick acquired the shares for the investment purposes. Subject to market conditions and other factors, the company may acquire additional common shares or other securities of Reunion or dispose of some or all of the common shares or other securities of Reunion that it owns […]

Generally, investors love stocks with a low price-to-earnings (P/E) ratio. The general perception is that the lower the P/E, the higher will be the value of the stock. The simple logic that a stock’s current market price does not justify (is not equivalent to) its higher earnings and therefore has room to run is behind investors’ inclination toward low P/E stocks […]

Zumiez Inc. ZUMZ is one the few retailers that are displaying robust quarterly reports and solid comparable store sales (comps) trend. Notably, the company has delivered positive comps trend for eight consecutive months, which carried forward in November […]

DowDuPont Inc. ’s DWDP subsidiary, The Dow Chemical Company has completed the earlier announced sale of a part of its Dow AgroSciences unit’s corn seed business in Brazil to CITIC Agri Fund for $1.1 billion. The divestment is part of the required regulatory remedies of the DowDuPont merger that closed on Aug 31, 2017 […]

The Boston Beer Co. Inc. […]

Customers are spoilt for choice with 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. In September, electric car sales surged 55% from the prior-year period. […]

At times, it is prudent to retain certain stocks that have enough potential but are weighed down by tough market conditions. Cirrus Logic Inc. CRUS seems to be one such stock, which investors should retain if they are looking to reap long-term benefits. […]

A successful investor understands the importance of retaining well-performing stocks in the portfolio at the right time. Indicators of a stock’s bullish run include a rise in share price and strong fundamentals. Though there may be some concerns regarding the stock but they are transitory in nature. […]