Month: December 2017

HD Supply Holdings, Inc. HDS was a big mover last session, as the company saw its shares rise more than 6% on the day. […]

AT&T Inc T is reported to have reached more than 1 million subscribers in DIRECTV NOW, its over-the-top (OTT) online streaming service. AT&T’s subscriber gain marks a major achievement in the intensely competitive industry, amid cord-cutting. […]

Shareholders of Simon Property Group SPG have reasons to cheer. The company recently clinched a victory over Starbucks SBUX in a lawsuit to refrain the latter from proceeding with its plan to close Teavana stores in Simon’s malls. […]

AbbVie Inc. ABBV and partner Janssen, Johnson & Johnson’s JNJ pharmaceuticals subsidiary, announced that a combination study evaluating their key cancer drug Imbruvica in Waldenström's macroglobulinemia (WM), a rare form of non-Hodgkin's lymphoma, met the primary endpoint. […]

Itron, Inc. ITRI recently announced the expiry of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR Act) pertaining to its pending acquisition of Silver Spring Networks, Inc. […]

While betting on a stock near its 52-week high, investors are faced with one of the trickiest questions — will the stock scale higher or are it the right time to book profits? Though betting on 52-week high stocks without a foolproof investment plan is perilous and even naïve, clubbing it with the correct parameters can turn the tide in investors’ favor. In this screening article, we discuss the 52-week investment plan […]

Before being listed in the market, Deutsche Bank AG ’s DB asset management wing is undergoing a transformation. Recently, the bank announced that Deutsche Asset Management (Deutsche AM) will be rebranded as DWS by first-quarter 2018. The rebranded arm will be given a new logo, expressing its forward thinking […]

Ford Motor Company F has comprehensively designed its next round of expansion strategy for China. The automaker believes that the progress it has already made in China is just the beginning, as huge potential remains untapped in the country. […]

General Dynamics Corp. ’s GD business division, Electric Boat, recently secured a modification contract for providing fiscal 2018 lead yard services and development studies and design efforts for Virginia-class submarines. […]

RH RH reported strong third-quarter results despite the adverse effect of hurricanes Harvey and Irma on Dec 5, after market close. The new membership model (RH Members Program) is improving its brand image, streamlining operations and enhancing customer experience. The company’s efforts to redesign its supply chain network and rationalize product offerings also bode well. […]

Improving operating backdrop, rising rate environment and strengthening domestic economy are expected to continue supporting banking stocks. Keeping this in mind, we have selected Heritage Commerce Corp HTBK for your consideration. The company’s Zacks Consensus Estimate for the current-year earnings has been revised 1.3% upward over the last 60 days, indicating analysts’ optimism about its earnings growth potential. […]

Sealed Air Corporation SEE announced a 2.5-5% price hike on majority of its Food Care division’s products in Europe, Middle East and Africa (EMEA), effective Jan 1, 2018, in order to remain profitable regardless of higher raw material and other input costs. Notably, the company raised prices in EMEA as polyethylene (PE) market prices remain highly uncertain in the region due to a slump in upstream market activity. However, Sealed Air refrained from price hikes in Switzerland and the U.K […]

Engineering and construction company Fluor Corporation FLR recently secured a new contract with Ontario Power Generation (OPG), for the procurement and construction of redevelopment work at the Darlington Nuclear Generating Station in Canada. The undisclosed contract value will be booked in the fourth quarter of 2017. Contract Details Since early 1990s, the Darlington Nuclear Generating Station has generated roughly 20% of Ontario’s energy requirements, which caters to more than two million homes daily […]

Williams-Sonoma, Inc. WSM has launched four e-commerce sites in Canada, reinstating its effort toward digital targeted marketing. This home furnishing retailer will provide the market with a robust assortment of products through company-owned and operated e-commerce sites for Williams Sonoma, West Elm, Pottery Barn and Pottery Barn Kids brands […]