Month: January 2018

Shares of Microsoft Corporation MSFT rallied to a 52-week high of $88.41 on Jan 5, eventually closing marginally lower at $88.19. The momentum can be attributed to its recent acquisition of Avere Systems as well as increasing traction in blockchain technology. […]

The technology sector is in focus this week with the Customer Electronics Show (CES) 2018 set to begin tomorrow and run through this Friday. It is a Las Vegas-based annual technology tradeshow conducted by the Consumer Technology Association in January. However, even before the biggest tech show of the year officially commences, we saw dozens of tech biggies holding press conferences throughout yesterday […]

Netflix Inc. NFLX announced that a six-episode chat show , My Next Guest Needs No Introduction with David Letterman is set for release on Jan 12. With the series, Letterman, who was last seen as the host of CBS’ Late Show in May 2015, is making a comeback on TV. […]

Darden Restaurants, Inc. DRI is one of the largest casual dining restaurant operators worldwide. The company is on a growth trajectory, gathering momentum from Cheddar's acquisition, various sales boosting initiatives […]

On Jan 5, we issued an updated research report on Huntington Bancshares HBAN . The company’s strategic initiatives including expansion moves are likely to bolster revenue growth. Also, a robust liquidity position along with growth in loans and deposits is expected to drive its long-term growth […]

Commerce Bancshares’ CBSH impressive revenue growth and growing deposit and loan balances make it a promising pick right now. Moreover, a strong capital position supports its capital deployment activities. A positive trend in estimate revisions also reflects optimism on the company’s earnings growth prospects […]

Pfizer, Inc. PFE reportedly said in a statement that it will end R&D efforts in the Alzheimer’s and Parkinson’s disease areas, which will result in about 300 layoffs. The decision to end the neuroscience-discovery program will mainly affect employees at facilities in Andover and Cambridge, MA, and Groton, CT. […]

RTI Surgical Inc. RTIX recently executed a deal to acquire Zyga Technology Inc., a privately-held medical device company, based in Minnesota. However, successful closing of the deal is subject to filing with the state of Delaware […]

Celgene Corporation CELG announced that it will acquire Impact Biomedicines for an upfront amount of $1.1 billion. Per the terms of agreement, Impact Biomedicines’ shareholders will receive contingent payments based on regulatory approval and sales-based milestones. […]

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. […]

Shares of ADTRAN ADTN have struggled for quite some time now due to multiple headwinds. Consequently, the stock declined 21.1% in the last three months, significantly underperforming its industry ’s rally of 6.9%. […]

On Jan 8, we issued an updated research report on premium diversified machinery company Xylem Inc. XYL . Over the last six months, this Zacks Rank #3 (Hold) stock yielded a return of 27.5%, outperforming 15.4% growth recorded by the industry […]

Itron, Inc. ITRI has completed the acquisition of Silver Spring Networks, Inc. SSNI for $830 million. […]

Cousins Properties CUZ boosted its financial position by closing a new five-year, $1-billion unsecured credit facility. The move offers greater flexibility to the company as it has replaced the previous $500 million facility slated to mature in May next year. Notably, the company focuses on maintaining a disciplined balance sheet, with ample liquidity to leverage on improving market fundamentals, make opportunistic investments and raise operational efficiency, which aids in long-term growth. […]

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 […]

Picking stocks from the vast investment universe is not an easy task. For this, one has to understand the fundamentals of every company and try to place them against the current economic background to figure out how it may fare as an investment. One way to accomplish this task is to follow broker recommendation […]

Apogee Enterprises, Inc. APOG recently announced details of the planned restructuring which was referred to in the third-quarter fiscal 2018 earnings release. […]

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? […]