Month: January 2018

ON Semiconductor Corporation ON recently announced that it has joined Baidu Inc.’s BIDU Apollo Autonomous Driving Platform, which is considered as the largest partner ecosystem for autonomous driving in the world. Almost 50 companies have joined this platform including the likes of Microsoft and NVIDIA NVDA . ON Semi is a prominent supplier of image sensor products that are an essential component of Advanced Driver Assistance Systems(ADAS) implementation […]

Ross Stores ROST displays immense growth potential driven by its commitment toward better price management, effective merchandising initiatives, cost containment and store expansion strategies. These factors not only aided the company’s quarterly performance but also helped it gain 22.8% in the past three months, outperforming the industry ’s growth of 11.1%. Further, this Zacks Rank #2 (Buy) company’s optimistic guidance for the fourth-quarter and fiscal 2017, indicate that there is no looking back for the stock […]

Avis Budget Group, Inc. CAR announced that its subsidiary Zipcar, will now provide ‘floating’ car sharing services across the eight London boroughs of Wandsworth, Islington, Hackney, Lewisham, Lambeth, Waltham Forest, Southwark and Merton. Those interested in availing the service can simply pick up a car from the ‘Zipzone’, an area spanning over 235 square kilometres across North and South London. […]

Suncor Energy Inc. SU has recently resolved a commercial dispute related to the Fort Hills project, which also has Teck Resources Ltd TECK and TOTAL SA's TOT subsidiary, TOTAL E&P Canada as partners. Suncor Energy and Teck Resources have received more working interest in the oil sands mine project from TOTAL. […]

Leading casual dining restaurant operator Darden Restaurants, Inc. DRI exhibited impressive price performance in 2017. In the past year, the stock has returned 36.2% compared with the industry ’s gain of 19.5%. […]

Walgreens Boots Alliance, Inc. WBA reported adjusted earnings per share (EPS) of $1.28 in first-quarter fiscal 2018, up 16.4% year over year and 15.5% at constant exchange rate (CER). […]

AbbVie Inc. ABBV shares are expected to be northbound in 2018, carrying on the momentum achieved last year. The stock was up 54.4% in 2017, comparing favorably with a gain of 16.3% recorded by the industry […]

Alphabet Inc ’s GOOGL Google division is looking to divest Zagat, its restaurant review guide for the United States. Per Reuters, the company has been involved in informal talks with multiple companies to offload Zagat in recent months. Google is yet to finalize a price and deadline for the divestiture […]

Noble Energy NBL has completed the sale of its 50% stake in CONE Gathering LLC for $305 million. CONE Gathering owns the general partner of CONE Midstream Partners LP. Noble Energy retained its 21.7 million common limited partner units and plans to maximize value through the divestment of the units over the next few years. […]

After a banner year, Wall Street’s tech big cheese continues to scale new highs in 2018. Computer and software makers, Internet players and chipmakers are having a ball after the repatriation tax holiday in the GOP’s plan is expected to boost stock prices of these companies, while also stimulating the U.S. economy […]

Efficiency, which is the ability to transform inputs into outputs, is a potential indicator of a company’s financial health. Companies with favorable efficiency levels are likely to be on investors’ radar irrespective of market conditions. […]

United Therapeutics Corporation ( UTHR entered into an exclusive license agreement with a private biopharmaceutical company, Corsair Pharma, Inc. Per the agreement, United Therapeutics will have an exclusive license to Corsair's intellectual property for the development of treprostinil prodrug formulation and the former will also make an equity investment in Corsair. […]

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. […]

3M Company MMM has recently filed a patent infringement suit against a leading global supplier of touchscreen solutions, Elo Touch Solutions Inc. 3M has more than 109,000 patents in various categories across its product portfolio. […]