Technicals

Louisiana-Pacific (LPX) Soars: Stock Adds 7.1% in Session

Louisiana-Pacific Corporation LPX was a big mover last session, as the company saw its shares rise over 7% 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 $26.73–$30.74 in the past one-month time frame, witnessed a sharp increase yesterday. […]

Mergers & Acquisitions

Cars.com Announces the Acquisition of Dealer Inspire and Launch Digital Marketing

Cars.com Announces the Acquisition of Dealer Inspire and Launch Digital Marketing Integrates Powerful Suite of Digital Dealer Solutions to Leading Online Marketplace Accelerates Cars.com’s Strategic Plan and Adds Significant Revenue, Adjusted EBITDA in 2018 Company Provides Preliminary 2017 Results and 2018 Outlook Conference Call Today at 7:30 a.m. CST PR Newswire CHICAGO, Feb. […]

Technicals

Wyndham (WYN) Q4 Earnings Beat, Revenues Miss Marginally

Leading hotelier, Wyndham Worldwide Corporation WYN is a provider of various hospitality services to individual and business customers through its premier portfolio of global brands. The company has significant presence in major hospitality markets in the United States and across the world. Moreover, the company has an industry-leading guest loyalty program – Wyndham Rewards – which helps members to earn rewards and redeem points on their hotel stays […]

Mergers & Acquisitions

Catalyte Supercharges Growth with Acquisition and Funding Round; Accelerates U.S. Onshoring Opportunities

Catalyte Supercharges Growth with Acquisition and Funding Round; Accelerates U.S. Onshoring Opportunities Revolution’s Rise of the Rest Seed Fund, Palm Drive Capital, Cross Culture Ventures, Expon Capital and others invest $27M to expand AI tech offering that promotes onshoring and increases tech career opportunities for more Americans PR Newswire BALTIMORE, Feb. […]

Stock Analysts

JPMorgan or Citi: Which Bank Stock to Buy Post Q4 Earnings?

JPMorgan JPM and Citigroup C , the two big banks, have market capitalization of $363.1 billion and $195.4 billion, respectively. Both are part of the same industry , which has a Zacks Industry Rank #30 (top 12%). Our back-testing shows that the top 50% of the Zacks ranked industries outperform the bottom 50% by a factor of more than two to one. […]

Stock Analysts

MGM Resorts’ (MGM) Q4 Earnings to Reflect Top-Line Strength

MGM Resorts International MGM is scheduled to report fourth-quarter 2017 results on Feb 20, before market opens. The company’s strong business model, extensive non-gaming revenue opportunities, high quality assets and attractive property locations are likely to drive the top line in the fourth quarter. However, costs associated with sales building and an alarming debt pressure might dent earnings in the to-be-reported quarter […]

Stock Analysts

TransUnion (TRU) Tops Q4 Earnings Estimates, 2018 View Solid

TransUnion TRU reported strong fourth-quarter 2017 results with healthy year-over-year increase in revenues and earnings on the back of attractive new product launches, rapid vertical growth and solid performance in the international markets. Adjusted earnings for the quarter were $94.8 million or 50 cents per share compared with $81.6 million or 44 cents per share in the year-earlier quarter. The bottom line beat the Zacks Consensus Estimate by a penny. […]

Mergers & Acquisitions

Canopy Growth signs letter of intent with Soci t des alcools du Qu bec

Canopy Growth signs letter of intent with Soci t des alcools du Qu bec Canada NewsWire SMITHS FALLS, ON, Feb. 14, 2018 SMITHS FALLS, ON , Feb. 14, 2018 /CNW/ – Canopy Growth Corporation (TSX: WEED) (“Canopy Growth” or the “Company”) today announced that it has signed a letter of intent with the Soci t des alcools du Qu bec (“SAQ”) to provide the Quebec market with 12,000 kilos of high-quality cannabis annually. […]

Mergers & Acquisitions

Generational Equity Advises Installation & Service Technologies in Sale to Skinny IT

Generational Equity Advises Installation & Service Technologies in Sale to Skinny IT PR Newswire DALLAS, Feb. 14, 2018 DALLAS , Feb. 14, 2018 /PRNewswire/ — Generational Equity , a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the acquisition of its client, Installation & Service Technologies Inc., by Skinny IT Corp. […]

Mergers & Acquisitions

Astellas Acquires Universal Cells, Inc.

Astellas Acquires Universal Cells, Inc. Acquisition enables Astellas to fully utilize proprietary technology to produce pluripotent stem cells that have the potential to lower immunological rejection in numerous therapeutic areas PR Newswire TOKYO, Feb. 13, 2018 TOKYO , Feb […]