Mergers & Acquisitions

Sappi successfully concludes its acquisition of the speciality paper business of Cham Paper Group Holding AG (CPG)

Sappi successfully concludes its acquisition of the speciality paper business of Cham Paper Group Holding AG (CPG) PR Newswire JOHANNESBURG, Feb. 28, 2018 JOHANNESBURG , Feb. 28, 2018 /PRNewswire/ — Sappi Limited, a leading global producer of dissolving wood pulp, specialities and packaging papers, printing and writing papers and biomaterials, today announced that all conditions precedent relating to the acquisition of the speciality paper business of Cham Paper Group Holding AG (CPG) have been fulfilled and closing has been completed. […]

Stock Analysts

Ericsson, T-Mobile to Deploy 5G Network in the United States

Ericsson ERIC has been selected by T-Mobile to provide 5G radio access products for the latter’s deployment of a nationwide 5G network in the United States. The company’s latest products, available for 600 MHz and millimeter-wave in 28 GHz and 39 GHz, will enable T-Mobile to start deployment of 5G in its network in the current year. In collaboration with Ericsson, T-Mobile is building out 5G in New York, Las Vegas as well as Los Angeles by leveraging Ericsson's 5G New Radio (NR) radios and baseband […]

Stock Analysts

5 Stocks with Steady Sales Growth to Invest in Right Now

Steady sales growth holds the key to survival in an ever changing and highly competitive business environment. But when it comes to picking stocks, investors often ignore sales growth as a dependable metric. This might be because of their preconceived notion that a company’s stock price is typically sensitive to its earnings momentum […]

Stock Analysts

Express Scripts (ESRX) Q4 Earnings Top, Long-Term View Solid

Express Scripts Holding Company ESRX posted fourth-quarter 2017 adjusted earnings of $2.16 per share, which beat the Zacks Consensus Estimate of $2.08. Further, adjusted earnings improved from $1.88 per share in the year-ago quarter. Revenues of $25.38 billion also beat the Zacks Consensus Estimate of $25.12 billion and increased from $25.12 billion in the year-ago quarter. […]

Stock Analysts

GE Transportation Inks $1B Deal With Ukrainian Railways

GE Transportation, one of the operating segments of General Electric Company GE , recently inked a 10-year framework agreement with Ukraine. Under the agreement, GE will supply 30 Evolution Series freight locomotives including additional locomotive kits and long-term maintenance services to Ukrzaliznytsya or Ukrainian Railways. The deal is valued at more than $1 billion and is considered to be one of the biggest signed by GE in Ukraine so far. […]

Stock Analysts

Mallinckrodt (MNK) Up on Earnings and Revenues Beat in Q4

Following encouraging fourth-quarter 2017 results, shares of Mallinckrodt Public Limited Company MNK moved up 15.3%. Hit by challenges in 2017, Mallinckrodt’s stock has lost 63.8% over a year compared with the industry ’s fall of 34.1%. The company reported adjusted earnings of $2.01 per share in the reported quarter, up from the year-ago figure of $1.91, beating the Zacks Consensus Estimate of $1.72 […]

Technicals

Horizon Pharma (HZNP) Tops Q4 Earnings, Revenues Beat

Dublin, Ireland-based Horizon Pharma plc HZNP is a biopharmaceutical focused on identifying, developing, acquiring and commercializing products that address unmet therapeutic needs in arthritis, pain, inflammatory and orphan diseases. The company operates through three business units – Orphan, Primary Care and Rheumatology. […]

Technicals

Is a Surprise Coming for Deutsche Post (DPSGY) This Earnings Season?

Investors are always looking for stocks that are poised to beat at earnings season and Deutsche Post AG DPSGY 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 Deutsche Post is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. […]

Technicals

AES Corporation (AES) Surges: Stock Moves 7.4% Higher

The AES Corporation AES was a big mover last session, as the company saw its shares rise more than 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, trading within a volatile range of $10.06-$11.81 in the past one-month time frame, showed a sharp increase yesterday. […]