Stock Analysts

Can Assai Help Companhia Brasileira Tread the Growth Path?

Things are not looking up for Companhia Brasileira de Distribuicao CBD , which was in the green territory for quite some time. Unfortunately, this Zacks Rank #5 (Strong Sell) stock has tumbled about 10.9% in the past six months, as against the industry ’s surge of 19.6%. We note that Companhia Brasileira has been battling a tough retail environment at Brazil, where food deflation, persistently high unemployment level along with sluggish consumer spending have been playing spoilsport. […]

Technicals

Covanta Holding (CVA) Surges: Stock Moves 5.9% Higher

Covanta Holding Corporation CVA was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $14.45–$16.55 in the past one-month time frame, witnessed a sharp increase yesterday. […]

Mergers & Acquisitions

Proper Media Acquires Spoutable.com

Proper Media Acquires Spoutable.com Ad Tech company doubles its reach by acquiring leading provider of advertising placements PR Newswire SAN DIEGO, Feb. 27, 2018 SAN DIEGO , Feb. 27, 2018 /PRNewswire/ — Proper Media , a full-service, independent ad tech company based in San Diego , today announced the acquisition of Spoutable.com, a technology company reinventing web monetization through its suite of highly viewable and engaging advertising placements. […]

Mergers & Acquisitions

RE/MAX Takes Bold Step to Provide Best-in-Class Technology

RE/MAX Takes Bold Step to Provide Best-in-Class Technology Global Franchisor Acquires Leading Technology Firm booj PR Newswire DENVER, Feb. 27, 2018 DENVER , Feb. 27, 2018 /PRNewswire/ — In a move signaling a shift in RE/MAX technology strategy, RE/MAX, LLC announced today it has acquired booj , an award-winning Colorado -based web design and technology company. […]