Month: February 2018

Schlumberger Limited SLB recently announced that the company is considering an opportunity to form a joint venture (JV) with Subsea 7 S.A. SUBCY to provide clients with better subsea installations and oilfield services, derived from their Subsea Integration Alliance's success. Following the news of JV formation, Schlumberger gained 2.4% and Subsea stocks added 7.1% on last Friday. […]

Global investors are struck with increasing inflationary and rising rate fears to start 2018. The benchmark U.S. Treasury bond yield spurted to 2.88% on Feb 23, 2018 from 2.46% seen at the start of the year […]

Daimler AG DDAIF and its Chinese partner BAIC Motor Corp. intend to invest around $2 billion on a new factory in China, keeping in mind the rising demand for Mercedes-Benz and electric vehicles. Per the news by Reuters, the two companies will jointly invest over 11.9 billion yuan ($1.9 billion) to set up the facility in an undisclosed place. […]

Healthcare REIT, Ventas, Inc. VTR accomplished the sale of its 36 Skilled Nursing Facilities (SNF) during 2017, which were operated by Kindred Healthcare. […]

Backed by growth in Europe and North America, strong distributor business across the globe and efficient initiatives, Columbia Sportswear Company COLM has been able to consolidate position in investor’s good books. Evidently, shares of this renowned outdoor and active lifestyle apparel and accessories company have surged close to 33.5% over the past year, surpassing the industry ’s rally of 23%. […]

3D Systems Corporation DDD is scheduled to report fourth-quarter and full-year 2017 results on Feb 28, after the closing bell. The company has a dismal earnings surprise history, with earnings missing estimates by a huge margin in three of the trailing four quarters. This resulted in an average negative surprise of 83.8% […]

HollyFrontier Corporation HFC reported fourth-quarter 2017 net income per share (excluding special items) of 70 cents, below the Zacks Consensus Estimate of 82 cents. The weaker than anticipated results can be attributed to lower-than-expected refining margins. […]

U.S. gas exporter Cheniere Energy, Inc. LNG reported strong fourth-quarter results on robust production volumes and strong pricing […]

The Royal Bank of Scotland Group plc RBS reported fourth-quarter 2017 loss attributable to its shareholders of £579 million ($768.5 million) as compared with the loss of £4.44 billion ($5.67 billion) witnessed in the prior-year quarter. Following the release, shares of the bank declined 3.78% on the NYSE. Lower margin and non-interest income were headwinds […]

Radius Health, Inc. RDUS is scheduled to report fourth-quarter 2017 results on Mar 1. […]

lululemon athletica inc. LULU stock has been moving up the charts owing to the smooth execution of its 2020 strategy, focus on e-commerce business and ivivva remodeling. Also, these initiatives have led the company to deliver impressive earnings and sales surprises. […]

Colgate-Palmolive Company CL has been gaining on the recent progress of its savings program. Moreover, the company remains well poised with innovation, brand building and productivity maximization initiatives. However, strained margins remain a threat. […]