Month: December 2017

On Dec 27, Charter Communications Inc CHTR was upgraded to a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here . […]

QuickLogic Corporation QUIK shares surged about 7.5% in yesterday’s trading session, outperforming the market. In the past six months, the company’s shares have gained 23%, outperforming the industry ’s growth of 9.2%. Will the recent positive trend continue driving the stock over the long haul or is it due for a pullback […]

Ulta Beauty Inc. ULTA stock’s performance has raised mixed sentiments among investors lately. The company’s robust earnings surprise history, a strong loyalty program, omni-channel growth, effective marketing initiatives and strength in prestige cosmetics underscore the inherent potential in the stock […]

Shopify Inc. SHOP has been a favorite with investors, courtesy of its rising share price and strong fundamentals. Shares of Shopifyhave gained 144.6% year to date, significantly outperforming the industry ’s 26.3% rally. […]

Shares of Westlake Chemical Corporation WLK have shot up around 62% over the past six months. The company has also significantly outperformed its industry ’s gain of roughly 37% to over the same time frame. Westlake Chemical has a market cap of roughly $13.6 billion […]

Shares of FMC Corporation FMC scaled a fresh 52-week high of $96.02 on Dec 26, before eventually closing the day at $95.54. FMC Corp. has a market cap of roughly $12.8 billion. […]

The New York Times Company NYT has been contemplating new avenues of revenue generation in a bid to counter the dwindling advertising revenues. Analysts pointed out that increasing online readership has made the print-advertising model redundant. Print advertising revenue fell 20.1% in the third quarter of 2017, following a decline of 10.5% in the preceding quarter. […]

Envision Healthcare Corp. EVHC has lately fallen out of investors’ favor due a number of factors working against it. These include low patient volumes, increased leverage, high operating expense and a weak operating environment […]

Under the Trump administration, one thing that has been constant in the U.S. markets so far is uncertainty. From policy reforms affecting corporate taxes and infrastructure spending to the abolishment of Affordable Care Act to the Mexican wall, investors have always been on guard […]

Central Garden & Pet Company CENT is a sound investment opportunity backed by its robust growth strategies and an impressive brand portfolio. Organic growth, value accretive acquisitions and divestment of non-strategic assets have also been boding well for the stock. Also, shares of the company have returned 21.8% in the past six months. […]

Almost everyone is cheering the implementation of the new tax law. But this will have an adverse near-term impact on financial performance of some companies. One such bank, Capital One Financial COF , is reducing its share repurchase authorization owing to this […]

Eni SpA E announced successful testing of the Tecoalli-2 well, located in the shallow waters of the Campeche Bay, offshore Mexico. The well is located in Contractual Area 1, about 200 kilometer West of Ciudad del Carmen and in water depth of 33 meter. It confirms the excellent production capabilities of the Orca formation during the production test. […]

General Electric Company GE recently landed a locomotive manufacturing order with Canadian National Railway Company CNI ) for an undisclosed amount. The Class I railroad will buy 200 new locomotives manufactured by GE transportation — one of the operating segments of GE. GE will manufacture Tier 4 ET44ACs and Tier 3 ES44ACs (Tier 4 certified) locomotives of its Evolution Series as part of the order […]

ITT Inc. ITT has managed to impress investors with its recent winstreak, as earnings have trumped estimates in the four trailing quarters. […]

It was a week where both oil and natural gas prices experienced noticeable upticks on healthy storage draws. On the news front, supermajor Royal Dutch Shell plc RDS.A has signed an agreement to purchase British energy supplier First Utility, while domestic natural gas producer Cabot Oil & Gas Corporation COG announced plans to offload its Eagle Ford shale holdings for $765 million. Overall, it was a good week for the sector. […]

In its weekly release, Houston-based oilfield services player Baker Hughes, a GE company BHGE , reported an increase in total rig counts in the United States. About the Rig Count Baker Hughes’ data, issued since 1944 at the end of every week, helps energy service providers gauge the overall business environment of the oil and gas industry. Change in Baker Hughes’ rotary rig count dents demand for energy services like drilling, completion and production provided by the likes of Halliburton Company HAL , Schlumberger Ltd. […]