Month: December 2017

The Vienna meeting between 14 OPEC members and crude exporters outside the cartel, headed by Russia, has been quite a breather for energy investors. The crude output cut deal extension beyond the January-to-March quarter of 2018 is expected to drive oil prices outside the bearish territory. The move was taken in order to fight the global crude glut that affected the energy market for more than three years, leaving oil explorers with weak balance sheets […]

Ushering in good news for shareholders, Alexandria Real Estate Equities ARE announced a 5% sequential hike in quarterly cash dividend. The company will now pay a dividend of 90 cents per share, up from 86 cents paid in the prior quarter. The increased dividend will be paid on Jan 15, 2018, to shareholders of record as on Dec 29, 2017. […]

Sanofi, Inc. SNY announced that a head-to-head study comparing Toujeo (insulin glargine), a long-acting insulin to Novo Nordisk’s NVO Tresiba long-acting insulin (insulin degludec) has met the main objective. The study showed that the extent to which Toujeo lowered blood glucose levels in adult patients with diabetes was similar to Tresiba. […]

Dollar General Corporation DG is scheduled to report third-quarter fiscal 2017 results on Dec 7. In the preceding quarter, the company delivered a positive earnings surprise of 0.9%. Notably, the company’s earnings have surpassed the Zacks Consensus Estimate by an average of 1.8% in three of the trailing four quarters. […]

Ironwood Pharmaceuticals, Inc. IRWD announced encouraging top-line data from a phase IIa study, evaluating its lead soluble guanylate cyclase (sGC) stimulator candidate, IW-1973, in patients with type II diabetes with hypertension. The candidate reduced blood pressure and improved metabolic parameters like fasting plasma glucose and cholesterol in diabetic hypertensionpatients compared to baseline. […]

John Wiley & Sons Inc. JW.A is scheduled to report second-quarter fiscal 2018 financial numbers before the opening bell on Dec 6, 2017. […]

Whirlpool Corporation WHR , once an investors’ favorite, has been losing its sheen of late owing to the recent dismal performances. Though long-term strategy seems to bode well, recent performance suggests trouble down the road. In the past six months, shares of this Zacks Rank #4 (Sell) company have lost 10.2% compared with the industry ' s fall of 22.3%. […]

Wabco Holdings Inc. WBC acquired the outstanding 51% stake of its partnership with Sturrock and Robson Industries, Pty Ltd, previously formed in South Africa. With this acquisition, Wabco will build its wholly-owned business known as WABCO South Africa. […]

Quest Diagnostics DGX recently announced completion of the previously announced buyout of Cleveland HeartLab. This is in line with the company’s plan to establish a national center of excellence in diagnostic information services at Cleveland HeartLab's 25,000-square feet specialized laboratory in Cleveland, OH. Per the company, the national center of excellence will be focusing on heart disease diagnostics. […]

Kennedy Wilson KW announced that it has signed a long-term lease with global recruitment group, Indeed, to rent office blocks in the company’s Capital Dock development. This agreement makes Indeed the second largest tenant to occupy space in the campus development. Thus, Kennedy Wilson’s offices in Capital Dock are now 100% leased […]

Ecolab Inc. ECL recently announced the acquisition of three U.S. […]

Monster Beverage Corporation ’s MNST strong product portfolio, deal with The Coca-Cola Company KO and innovation raise hopes. However, higher costs pertaining to product innovation are hurting margins. Recently, this marketer and distributor of energy drinks and alternative beverages announced third-quarter fiscal 2017 results. […]