Technicals

Why You Shouldn’t Bet Against Houston Wire & Cable (HWCC) Stock

One stock that might be an intriguing choice for investors right now is Houston Wire & Cable Company HWCC . This is because this security in the Wire and Cable Products space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective. This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. […]

Mergers & Acquisitions

Romana Food Brands Corp. Acquires Pizza Romana, a Significant Pizza Manufacturer with Budgeted Sales Revenues in Excess of $17 Million in its 2018 Fiscal Year

Romana Food Brands Corp. Acquires Pizza Romana, a Significant Pizza Manufacturer with Budgeted Sales Revenues in Excess of $17 Million in its 2018 Fiscal Year PR Newswire MONTRÉAL, Dec. 7, 2017 With Current Production Capabilities of 5,000 Pizzas Per Hour, the Company Moves to Bolster Market Position MONTRÉAL, Dec […]

Stock Analysts

Huntsman (HUN) Closes Secondary Public Offering of Venator

Huntsman Corporation HUN successfully completed its secondary public offering of Venator, receiving net proceeds of roughly $471 million. The company will use the proceeds along with cash in hand to fully repay the remaining $511 million on its Term Loan B due 2023. Notably, Huntsman will not have any senior secured term loans remaining outstanding under its senior credit facilities […]

Stock Analysts

Bet on Tax Reform With These Dividend Growth Stocks

With President Donald Trump closer to his major legislative move — the biggest tax overhaul in decades — investors have started chasing dividend growth stocks. This is because lower corporate taxes would boost companies’ profitability leading to fatty dividends and in turn benefit stocks having a history of dividend growth year over year. Why Dividend Growth […]

Stock Analysts

Citigroup (C) to Witness Lower Trading Revenues in Q4

John Gerspach, Chief Financial Officer (CFO) at Citigroup C , foresees a decline in the company’s trading revenues by high teens in the fourth quarter. Also, Trump’s tax reform move is likely to affect its earnings by a solid $20 million as a one-time charge, after it is enforced as law. He also expects credit card revenues to remain flat in the fourth quarter because of pressure from the recent marketing costs. […]

Stock Analysts

JetBlue (JBLU) Flight Attendants Seek Union Representation

Per media reports, JetBlue Airways Corporation JBLU flight attendants expressed their interest in holding a union representation election after having felt exploited by the company. The attendants look for an improvement in wages, the ability to defend themselves against unfair charges as well as take actions and voice opinion in case JetBlue merges with another airline. JetBlue responded by saying that it respects its crew members’ right to consider a third-party proposal and hopes for a discussion on how to enhance their direct relationship so as to address the needs of its employees in a better manner. […]

Stock Analysts

Expedia Enters Into Strategic Alliance With G6 Hospitality

Expedia, Inc. EXPE announced on Wednesday, a strategic technology and marketing partnership with G6 Hospitality, owner and operator of economy lodging locations under Motel 6 and Studio 6 brands in the United States and Canada. The partnership is aimed at providing Motel 6 and Studio 6 access to Expedia’s marketing, technology and data insight solutions while boosting Expedia owned sites and Expedia Media Solutions, the advertising sales unit of Expedia. […]