Month: December 2017

Marrone Bio Innovations, Inc. MBII has inked an exclusive deal to distribute and market its biofungicide, Regalia Maxx with Disagro, the leading supplier of agricultural inputs in Central America. Regalia Maxx, which is registered in Belize, Guatemala, Honduras, Nicaragua, El Salvador, Panama and Costa Rica, stimulates the plant’s intrinsic ability to fight diseases and delivers improved harvest quality and better yield. […]

Colgate-Palmolive Company CL has been witnessing immense pressure of late. This is reflected in the company’s strained margins and recently raised cost guidance pertaining to its Global Growth & Efficiency Program. […]

Under Armour, Inc. UAA , once considered the arch rival of NIKE, Inc. NKE , has been in a spot of bother for quite some time. […]

The recent FDA approval of Exelixis, Inc. ’s EXEL Cabometyx for the treatment previously untreated advanced renal cell carcinoma has put the spotlight in this space. RCC is the most common form of kidney cancer in adults […]

As part of its cost-containment initiatives, Cabot Oil & Gas Corporation COG recently inked a deal to divest Eagle Ford Shale holdings to a unit of Venado Oil & Gas LLC for $765 million. Subject to satisfactory closing conditions, the deal is set for completion during the first quarter of 2018. The divested assets will include around 74,500 acres which produced 15,656 barrels of oil equivalent per day in the third quarter of 2017 […]

Shares of BlackBerry Limited BB have gained 12% to $12.17 at the close of trading on Dec 20 following the release of third-quarter fiscal 2018 (ended Nov 30, 2017) earnings report. The company reported earnings per share (excluding 55 cents from non-recurring items) of 3 cents, comparing favorably with the Zacks Consensus Estimate of a loss of a penny. Moreover, the bottom line expanded 50% year over year. […]

The Retail – Supermarkets industry has depicted a marvelous bull run this year, as evident from its year-to-date surge of 36.6%, in comparison to the S&P 500’s 22.8% upside. Notably, Wal-Mart Stores Inc. WMT is a bellwether that flawlessly crushed this robust trend too, with its rally of 46.5% this year […]

Sysco Corporation SYY appears to be investors’ preferred pick, as evident from its solid bull run. This distributor and marketer of food products has seen its shares gain 16.6% in the past six months, when the industry was down 0.6%. The company's impressive growth initiatives have been driving solid results over the past years […]

Target Corporation TGT looks quite disciplined in approach when it comes to tackling prevailing headwinds in the retail landscape — sluggish store traffic, stiff competition from online retailers and aggressive pricing strategy. The company’s initiatives such as the development of omni-channel capacities, diversification and localization of assortments along with emphasis on flexible format stores bode well. These are going to play a major role in 2018. […]