Stock Analysts

Cast These 4 Toxic Stocks Aside or Sell Short for Profit

Successful investing hinges on accurate identification of overblown toxic stocks and the rightly priced ones. However, precisely spotting toxic stocks and discarding them at the right time to make some gains at the end is not a simple task. Overhyped toxic stocks are generally vulnerable to external shocks and burdened with a huge amount of debt. […]

Stock Analysts

TechnipFMC Buys Majority Stake in Norwegian Subsea Unit

TechnipFMC plc FTI recently agreed to acquire 51% stake in Norwegian Island Offshore group's subsea unit, Island Offshore Subsea AS. The services provided by the subsea unit – which has around 80 employees – include Riserless Light Well Intervention (RLWI) project management and engineering services that are used for plug & abandonment (P&A). The subsidiary also conducts well completion and riserless coiled tubing operations. […]

Stock Analysts

General Motors’ (GM) Q4 Earnings: Is a Beat in the Cards?

General Motors Company GM is set to report fourth-quarter and full-year 2017 results before the opening bell on Feb 6. Last quarter, the company delivered a positive earnings surprise of 23.4%. In fact, in each of the trailing four quarters, the company delivered a positive earnings surprise, the average beat being 15.7%. […]

Stock Analysts

Allergan’s Anti-Infective Drug Avycaz Receives Third FDA Nod

Allergan plc AGN announced that the FDA has approved a label expansion of its anti-infective drug, Avycaz (ceftazidime and avibactam). With this nod, the drug is now approved for treatment of patients with hospital-acquired bacterial pneumonia and ventilator-associated bacterial pneumonia (HABP/VABP) due to gram-negative bacteria. This approval marks the third therapeutic indication for the drug in the United States […]

Stock Analysts

Sprint (S) Betters Estimates in Q3 Earnings, Revenues Beat

Sprint S reported better-than-expected financial results in the third quarter of fiscal 2017. This Zacks Rank #3 (Hold) stock faces fierce competition in the domestic wireless market from Verizon Communications VZ , AT&T T and T-Mobile US TMUS . You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here . […]