Momentum Stocks

Bull of the Day: US Foods (USFD)

US Foods Holding Corp. ( USFD ) provides its customers with a broad range of food offerings, as well as a comprehensive suite of e-commerce, technology and business solutions. At the time of its 2016 IPO, the company was the second-largest U.S […]

Mergers & Acquisitions

2M Holdings Ltd, Group of Companies, Expands its Presence in Germany, Acquiring Franken-Kosmetik-Chemiehandel GmbH & Co. KG

2M Holdings Ltd, Group of Companies, Expands its Presence in Germany, Acquiring Franken-Kosmetik-Chemiehandel GmbH & Co. KG PR Newswire NUREMBERG, Germany and LONDON, February 26, 2018 NUREMBERG , Germany and LONDON , February 26, 2018 /PRNewswire/ — 2M Holdings Ltd (” 2M “) is delighted to announce that, following its recent acquisition of Dusseldorf based company CE-O2 GmBH , it has now acquired Franken-Kosmetik-Chemiehandel GmbH & Co. […]

Mergers & Acquisitions

Geely Founder Li Shufu is a New Shareholder of Daimler AG

Geely Founder Li Shufu is a New Shareholder of Daimler AG PR Newswire HANGZHOU, China and STUTTGART, Germany, February 24, 2018 HANGZHOU, China and STUTTGART, Germany , February 24, 2018 /PRNewswire/ — Li Shufu acquired 9.69 percent of voting shares / long-term investment / focus on digital technology services and electro-mobility A subsidiary of Geely Group Co., LTD., Hangzhou, China , a company owned by Li Shufu and managed by Zhejiang Geely Holding Group Co., LTD, Hangzhou, China , has acquired a 9.69 percent stake in Daimler AG, Stuttgart . “Daimler is an outstanding company with a first-class management. […]

Stock Analysts

Tech Roundup: Buffet’s AAPL Stake, GOOGL Stories, CSCO Earnings

Berkshire Hathaway raising its Apple AAPL stake, Cisco's CSCO earnings, Amazon AMZN becoming the 3 rd largest U.S. company, Google Stories and WhatsApp payments in India were the top stories last week. Here are the details- Warren Buffet Loves Apple Apple’s fourth largest shareholder, Warren Buffett’s Berkshire Hathaway, has given its vote of confidence to Apple […]

Stock Analysts

Buy These 5 Stocks with Rising Estimates Today

There are many things we may consider when choosing stocks for our portfolio. Depending on our investment horizon, some of these may be short-term factors while others, longer-term. Depending on our need for cash and risk appetite, we may try to make the most of daily market movements, or hold on in the hopes that the overall financial health/stability of a company will yield higher value in the form of dividends or share price appreciation. […]

Stock Analysts

Qualcomm Raises NXP Bid, Broadcom Responds

Last week, I wrote about how Qualcomm QCOM softened its rejection of Broadcom’s AVGO bid by meeting with its key people: Qualcomm Meets Broadcom After Rejecting Its Revised Offer . But the company reportedly hasn’t said much since then, either to Broadcom representatives or to the public. Its response has instead been to raise the offer for NXP Semiconductor NXPI from $110 to $127.50 per share in cash […]

Stock Analysts

Edison International (EIX) Beats on Q4 Earnings, Revenues

Edison International EIX reported fourth-quarter 2017 adjusted earnings per share (EPS) of $1.10 from continuing operations, beating the Zacks Consensus Estimate of 93 cents per share by 18.3%. The bottom line also increased 13.4% from 97 cents in the year ago. Excluding the one-time items, the company reported GAAP loss of $1.67 per share, against the year-ago quarter’s earnings of $1.01 […]

Stock Analysts

CVR Partners (UAN) Q4 Earnings Trail Estimates, Sales Down

CVR Partners, LP UAN posted a loss of $27.4 million or 24 cents per share in the fourth quarter of 2017, higher than a loss of $14.5 million or 13 cents per share it logged a year ago. The reported loss per share was wider than the Zacks Consensus Estimate of a loss of 14 cents. CVR Partners raked in net sales of $78.2 million in the reported quarter, down around 8% year over year […]

Stock Analysts

Pinnacle West (PNW) Q4 Earnings Top on New Retail Rates

Pinnacle West Capital Corporation PNW reported adjusted earnings per share of 19 cents in the fourth quarter of 2017, surpassing the Zacks Consensus Estimate of 10 cents by 90%. Despite an increase in retail rates and revenues, earnings were lower than the year-ago quarter due to higher operating expenses, effects of weather and a higher effective tax rate. […]