Technicals

Is a Surprise Coming for Fortive Corporation (FTV) This Earnings Season?

Investors are always looking for stocks that are poised to beat at earnings season and Fortive Corporation FTV may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report. That is because Fortive Corporation is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. […]

Mergers & Acquisitions

Freudenberg strengthens floor mat business

Freudenberg strengthens floor mat business Japan Vilene Company signs an agreement to acquire Hanns Glass Group in Germany PR Newswire WEINHEIM, Germany, Feb. 7, 2018 WEINHEIM, Germany , Feb. 7, 2018 /PRNewswire/ — Freudenberg, the global technology company, is further expanding its car floor mat business. […]

Mergers & Acquisitions

Darden Restaurants Announces Early Tender Results for Cash Tender Offers and Consent Solicitations for its 6.000% Senior Notes due 2035 and 6.800% Senior Notes due 2037 and Extension of Early Tender Date

Darden Restaurants Announces Early Tender Results for Cash Tender Offers and Consent Solicitations for its 6.000% Senior Notes due 2035 and 6.800% Senior Notes due 2037 and Extension of Early Tender Date PR Newswire ORLANDO, Fla., Feb. 7, 2018 ORLANDO, Fla. , Feb. […]

Stock Analysts

Will Rise in Bond Issuance Drive Moody’s (MCO) Q4 Earnings?

Moody's Corporation MCO is scheduled to report fourth quarter and 2017 results on Feb 9, before the opening bell. The company is expected to witness a year-over-year rise in revenues in its Corporate Finance line, the largest revenue contributor at the Moody's Investors Service (“MIS”) division. Backdrop for bond issuance (driven by tightening of credit spreads and a rise in long-term yield curve) during the fourth quarter was favorable. […]

Technicals

Cognizant (CTSH) Q4 Earnings Top Estimates, Revenues In Line

Headquartered in Teaneck, NJ, Cognizant Technology Solutions Corp CTSH is a leading provider of information technology, consulting and business process outsourcing services. The company was spun off from Dun & Bradstreet in 1996 and went public in Jun 1998. Cognizant primarily serves four domains: Financial Services, Healthcare, Manufacturing, Retail and Logistics and Other (includes Communications, Information, Media & Entertainment and High Technology) […]

Mergers & Acquisitions

McKesson Corporation Announces Offer to Purchase Up to $1,100,000,000 Combined Purchase Price of Outstanding 6.000% Notes due 2041, 7.650% Debentures due 2027, 4.883% Notes due 2044, 4.750% Notes due 2021 and 7.500% Notes due 2019

McKesson Corporation Announces Offer to Purchase Up to $1,100,000,000 Combined Purchase Price of Outstanding 6.000% Notes due 2041, 7.650% Debentures due 2027, 4.883% Notes due 2044, 4.750% Notes due 2021 and 7.500% Notes due 2019 PR Newswire SAN FRANCISCO, Feb. 7, 2018 SAN FRANCISCO , Feb. […]