Month: January 2018

Infosys Limited INFY recently announced that Belgium’s largest telecommunications company, Proximus has selected the company to implement Excite. Infosys’ business transformation program, Excite, will strengthen Proximus’ IT capabilities by replacing legacy IT systems, streamlining processes as well as implementing advanced administrative tools. Per the program, Infosys will be granted the joint overall responsibility and ownership of the Greenfield Excite program […]

On Jan 5, we issued an updated research report on TriMas Corporation (TRS). The company’s upcoming fourth-quarter results will be hampered by the impact of Hurricane Harvey, currency volatility and uncertainty in the macroeconomic environment as well as escalating steel and resin prices. However, we believe going forward, TriMas will gain from stable order patterns, investment in new products and focus on improving manufacturing footprint. […]

The Building Products – Retail industry has portrayed a bull run in a year’s time as evident from its surge of 37.9%, outperforming the S&P 500 index’s growth of 23.9%. Impressively, the industry ranks in the top 14% (36 out of 256) of the Zacks classified industries. […]

It seems that GoPro, Inc. GPRO has begun 2018 with a round of layoffs. Per a report by the tech news site — TechCrunch — GoPro has laid off nearly 200-300 workers, largely in its Karma drone business division. […]

Improving operating backdrop, rising rate environment, anticipated tax benefit from the U.S. tax reform and the strengthening domestic economy are projected to continue supporting banking stocks. […]

Alexandria Real Estate Equities ARE recently priced its public offering of 6,000,000 shares of common stock at $123.50 per share. This share offering is related to a forward-sale deal signed by the company with Bank of America, N.A., JPMorgan Chase Bank, N.A., London Branch and Citibank, N.A. The underwriters have been granted a 30-day option to purchase up to an additional 900,000 common shares […]

WEC Energy Group WEC is a consistent performer with capital investments, to reinforce infrastructure and expand customer base, reaping rewards. Efficient management and skillful execution of plans have culminated in robust results, the best part being better-than-guided earnings for 12 years nonstop. The average positive earnings surprise of 3.08% for the trailing four quarters should encourage investors as would a 1.5% upward revision in the Zacks Consensus Estimate for fourth-quarter 2017 to 66 cents, in the last 30 days […]

On Jan 5, we issued an updated research report on Astec Industries, Inc. (ASTE). The company is poised to benefit from investment in infrastructure, introduction of new products, acquisitions as well as organic growth […]

On Jan 4, Sonic Corp. SONC announced the first-quarter fiscal 2018 results. The quarter, ending on Nov 30, 2017, witnessed decent results, wherein earnings surpassed the Zacks Consensus Estimate but revenues missed the same […]

Global markets started the New Year on a strong note, notching up record gains. Stocks of automobile companies were the leading gainers in the Eurozone. Meanwhile, the FTSE 100 hit record levels on multiple occasions. […]

The Ensign Group, Inc. ENSG has significantly grown inorganically over the past few years. […]

Deutsche Bank AG DB will likely report annual loss consecutively for the third year, as its results are expected to be impacted by change in tax rates and poor performance of the investment banking segment. High legal expenses during the final quarter of 2017 also played a role in wiping out profit. CEO John Cryan of the Germany-based lender has been trying to turnaround the bank through cost-saving measures and focus on investment banking […]

Value investing is easily one of the most popular ways to find great stocks in any market environment. After all, who wouldn’t want to find stocks that are either flying under the radar and are compelling buys, or offer up tantalizing discounts when compared to fair value? One way to find these companies is by looking at several key metrics and financial ratios, many of which are crucial in the value stock selection process […]

Galapagos NV GLPG announced positive top-line data from phase Ib study evaluating its osteoarthritis (“OA”) candidate, GLPG1972. The candidate reduced the level of ARGS neoepitope, a cartilage breakdown biomarker, by more than half in its highest dosage. Shares of the company have risen 43.1% in the past year, outperforming the industry ’s decline of 1.7% in that period. […]

GE Healthcare, an operating unit of General Electric Company GE , has entered into a partnership with Roche Holding AG RHHBY , to create a new digital platform aimed at providing improved healthcare services. GE Healthcare and Roche are two big names in the healthcare industry. […]

Shares of Intercontinental Exchange, Inc. ICE inched up 0.8% in the last trading session after it reported solid average daily volume (ADV) for December. […]

Shares of Magna International, Inc. MGA scaled a 52-week high of $59.6 on Jan 5 before closing the day at $59.54 eventually. […]