Shares of Motorola Solutions, Inc. MSI have gained 31.8% in a year’s time, outperforming the Zacks Wireless Equipment industry ’s rally of 13.5%. Let’s take a look into the factors responsible for the impressive price performance and see if the company can add new feathers to its cap. […]
Castleton Commodities International LLC Completes Acquisition of Avangrid Inc.’s Gas Trading Business PR Newswire STAMFORD, Conn., March 2, 2018 STAMFORD, Conn. , March 2, 2018 /PRNewswire/ — Castleton Commodities International LLC (“CCI”) announced it has closed on the acquisition, through one of its subsidiaries, of Enstor Energy Services, LLC (“EES”), the gas trading business of Avangrid Renewables Holdings, Inc., a wholly-owned subsidiary of Avangrid, Inc.. “The EES acquisition increases our activities in the North American wholesale natural gas market.” said Robert Ruckman , Head of CCI’s U.S. […]
K2 Acquires Rockhill Insurance Group’s General Liability and Gas & Propane Distribution Businesses PR Newswire SAN DIEGO, March 2, 2018 SAN DIEGO , March 2, 2018 /PRNewswire/ — K2 Insurance Services, LLC (K2) has announced it has acquired the Rockhill Insurance Group’s (Rockhill) General Liability and Gas & Propane Distribution lines of business . Rockhill is a subsidiary of State Automobile Mutual Insurance Company (State Auto). The transaction includes K2’s purchase of Rockhill subsidiary Partners General Insurance Agency, LLC (PGIA). […]
Shares of C.H. Robinson Worldwide, Inc. CHRW have outperformed the industry in the last six months […]
DENTSPLY SIRONA Inc. XRAY announced preliminary fourth-quarter 2017 results. The company reported adjusted earnings per share (EPS) of 82 cents, beating the Zacks Consensus Estimate by a penny […]
Impax Laboratories Inc. IPXL reported fourth-quarter 2017 adjusted earnings of 11 cents per share, missing the Zacks Consensus Estimate of 12 cents. […]
Spirit Airlines, Inc. SAVE has announced ratification of its five-year deal with pilots, pertaining to wage increase. The carrier initially reached the tentative agreement in January 2018. […]
Digesting a bunch of recent events and guessing which way ExxonMobil Corporation XOM is going can be tricky for investors. However, there is an easy way to understand how the events are going to shape the company's future. […]
Following a splendid start to the year, investors have just traversed what was the toughest month for stocks in recent times. In February, stocks entered correction territory, albeit for a short period. Following a brief recovery, the month ended on a torrid note with losses triggered by inflationary and tariff-related fears […]
Horizon Pharma plc HZNP reported better-than-expected results for the fourth quarter of 2017. Following the news, the company’s shares went up 1.4%. However, Horizon Pharma’s stock has declined 8.2% year to date against the industry ’s fall of 6.9%. […]
Shares of Foot Locker, Inc. FL fell during pre-market trading hours, in spite of reporting positive earnings surprise for the second straight quarter. […]
Natural Resource Partners LP NRP reported fourth-quarter 2017 adjusted earnings of $1.31 per unit, beating the Zacks Consensus Estimate of 99 cents by 32.3%. Natural Resource Partners LP Price, Consensus and EPS Surprise Natural Resource Partners LP Price, Consensus and EPS Surprise | Natural Resource Partners LP Quote Total Revenues In the quarter under review, Natural Resource Partners’ total revenues of $101.1 million surpassed the Zacks Consensus Estimate of $90 million by 12.3% and the year-ago revenues by 14.7%. […]
Alamo Group, Inc. ALG reported better-than-expected fourth-quarter 2017 results. Per the company, this stellar performance was backed by improved agricultural business, strong snow removing products’ demand, increased vacuum truck equipment rentals and non-governmental sales, stronger European business and favorable foreign currency translation impact […]
Nordstrom Inc. JWN reported mixed financial numbers for fourth-quarter fiscal 2017. While the company’s earnings missed the Zacks Consensus Estimate after six straight quarters of beat, revenues surpassed the same for the third consecutive quarter. […]
Brown & Brown, Inc. ’s BRO unit, Brown & Brown Insurance Agency of Virginia, has recently purchased all the assets of Kerxton Insurance Agency, Inc. and Fitness Underwriters, Inc. […]
Shares of Capella Education Company CPLA fell 2.8% to $75.55 on Mar 1, following the fourth-quarter 2017 earnings release. The company reported adjusted earnings of 86 cents per share in the quarter, which fell shy of the Zacks Consensus Estimate of $1.00. In the year-ago period, earnings were 97 cents per share […]
Friday, March 2, 2018 President Trump announced a tariff of 25% on imported steel to the U.S. yesterday, surprising not only market indexes but his own White House advisors. […]
President Trump announced a tariff of 25% on imported steel to the U.S. yesterday, surprising not only market indexes but his own White House advisors. […]
M/I Homes Closes Detroit Acquisition – Pinnacle Homes PR Newswire COLUMBUS, Ohio, March 2, 2018 COLUMBUS, Ohio , March 2, 2018 /PRNewswire/ — M/I Homes, Inc. (NYSE: MHO) announced today that the Company has successfully closed the acquisition of the residential homebuilding assets and operations of Pinnacle Homes, a homebuilder in the greater Detroit, Michigan market. Robert H […]
Interstate Hotels & Resorts Acquires Gateway Hospitality Group Management Platform PR Newswire ARLINGTON, Va., March 2, 2018 ARLINGTON, Va. , March 2, 2018 /PRNewswire/ — Interstate Hotels & Resorts – the leading U.S.-based global hotel management company – announces it has acquired the management platform from Gateway Hospitality Group. The 20-hotel portfolio will be operated under Interstate Gateway Management LLC, a subsidiary of Interstate Hotels & Resorts, with founder Bob Voelker and partner Ron Hutcheson joining Interstate in executive-level asset management and owner relations responsibilities for this portfolio […]
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