Month: February 2018

S&P Global Ratings recently downgraded the ratings of Wells Fargo WFC and its subsidiaries. The Wall Street biggie’s long-term issuer credit rating has been downgraded to ‘A-’ from ‘A’ and short-term issuer credit rating from ‘A-1’ to ‘A-2’. […]

Anadarko Petroleum Corporation APC reported fourth-quarter 2017 earnings of 18 cents per share, beating the Zacks Consensus Estimate of 3 cents by a whopping 500%. In the year-ago quarter, the company had incurred a loss of 50 cents. On a GAAP basis, Anadarko Petroleum’s earnings were $1.80 per share, rebounding from the prior-year quarter loss of 94 cents. […]

Shiloh Industries, Inc. SHLO yesterday announced that it has agreed to acquire two facilities of Brabant Alucast Services B.V. for undisclosed amounts […]

Tesla, Inc. TSLA incurred an adjusted loss of $3.04 per share in fourth-quarter 2017, narrower than the Zacks Consensus Estimate of a loss of $3.19. The company had reported a loss of 69 cents per share in the prior-year quarter […]

PolyOne Corporation ’s POL thermoplastic elastomers (TPEs) production is expected to begin this summer at its existing facility in Pune, India. The company currently makes color and additive concentrates, and engineered polymer solutions at the facility. […]

Masimo Corporation MASI recently received the CE marking of Eve, a screening application for newborns diagnosed with critical congenital heart disease (CCHD). The application will function through the flagship Rad-97 Pulse CO-Oximeter. Per management, Eve is capable of transforming the pulse oximeters into intuitive screening tools and help clinicians perform the screening of the newborns with ease […]

Twilio Inc. TWLO is slated to release fourth-quarter 2017 results on Feb 13. […]

Lockheed Martin Corp . LMT recently secured a $524-million modification contract for Patriot Advanced Capability-3 (PAC-3) missiles, under the domestic and foreign military sales program. Per the deal, the company will delivery PAC-3 enhancement missiles, reduction initiative missiles and associate ground support equipment to the United States, Qatar, Saudi Arabia and Romania. […]

CF Industries Holdings, Inc. ’s CF fully-owned subsidiary, Terra Nitrogen GP Inc., will exercise its rights to purchase all the 4,612,562 publicly traded common units of Terra Nitrogen Company, L.P. […]

Crown Holdings Inc. CCK delivered fourth-quarter 2017 adjusted earnings per share of 79 cents, which came in line with the Zacks Consensus Estimate and recorded an improvement of 11.3% on a year-over-year basis. […]

A stock at a 52-week high is considered a winner. The level works as an indicator for many investors for buying or selling the stock. At the same time, a few investors regard the stock as an overpriced one at that level. […]

After posting a negative earnings surprise of 20% in the final quarter of fiscal 2017, Central Garden & Pet Company CENT commenced fiscal 2018 on a high note and provided an upbeat outlook. This California-based company delivered positive earnings surprise of 26.7% in the first quarter. Improved product offerings, strategic investments, growth in e-commerce and cost containment efforts worked collectively in favor of the company. […]