Month: March 2018

Celanese Corporation CE plans to implement supplemental charges on all engineered materials product shipments. The charges will be effective on all orders received on or after Apr 1, 2018 for all non-contract business. The company will levy $100 per metric ton for all product shipments until further notice. […]

In recent years, growing healthcare cognizance has led to continuous technological innovation in the dental equipment space. With time, it has emerged as the most favored sector for medical device investors looking for consistent and attractive returns. Let's delve deeper […]

Lockheed Martin Corporation ’s LMT business segment, Missiles and Fire Control (“MFC”), recently secured a modification contract for manufacturing additional missile round pallets, spare parts and support equipments for the Terminal High Altitude Area Defense (“THAAD”) system. Work related to the deal is scheduled to be completed by April 30, 2021. […]

Gold prices are currently reigning at 5-week highs as a “less hawkish” Fed stance and looming threat of a trade war between the United States and China weighed on the dollar and equities. Lured by the safe haven appeal of gold, investors scurried to the yellow metal, lending support to gold prices. Spot gold was at $1,355.16 per ounce on Mar 26, achieving its highest since mid-Feb […]

Voxeljet AG VJET is scheduled to report fourth-quarter 2017 results on Mar 29. The company has a dismal earnings surprise history, having missed estimates in the trailing four quarters, recording an average negative surprise of 42.2%. The company reported a negative earnings surprise of 50% in the last reported quarter […]

HCP Inc. HCP is likely to benefit from a diversified high-quality health care real estate portfolio, rising healthcare spending and aging population. […]

Shares of Microsoft Corporation MSFT surged almost 8% closing at $93.78 on Mar 26. The shares were pumped up by Morgan Stanley’s note stating that Microsoft’s impressive cloud adoption will lead it to a market capitalization of $1 trillion within the next 12 months. […]

Campbell Soup Company CPB has completed the buyout of Snyder’s-Lance, Inc. for a total cash outlay of roughly $6.1 billion or $50 per share. This will be part of the company’s Global Biscuits and Snacks segment including the Pepperidge Farm, Arnott’s and Kelsen businesses. […]

Per Mexico's National Hydrocarbons Commission (CNH), oil supermajors Exxon Mobil Corporation XOM and TOTAL S.A. TOT are expected to jointly drill the first deepwater well at the Etzil structure, located in Block 2 of the Perdido Fold Belt, offshore Mexico in October 2018. The well was assigned to the companies in late 2016 as part of the Mexican hydrocarbon auction, which marked the country's energy reform […]

Regency Centers Corporation REG amended and restated $1.25-billion unsecured revolving credit facility. The move is encouraging down the line for the company’s operational efficiency as it enhances the financial flexibility of the Retail REIT. Specifically, the move helped in increasing the size of the facility to $1.25 billion from $1 billion. […]

Baidu, Inc. BIDU recently announced a public offering of notes aggregating $1.5 billion. These notes have been issued in two tranches of different amounts, with varying coupon rates and maturities […]

Pioneer Natural Resources Company PXD has recently reported that it has agreed to divest around 10,200 net acres from its Eagle Ford Shale's western part to Sundance Energy, Inc., a subsidiary of Sundance Energy Australia Limited SNDE . Pioneer will receive $102 million for the acreage, positioned in four counties in the state of Texas. Per the company, net production from the assets at present is around 1,100 barrels of oil equivalent per day. […]

Viacom Inc. VIAB has signed a long-term deal with Trevor Noah’s Day Zero Productions, an international production and distribution company for future film and TV projects. […]

Robust earnings history, focus on Pro Customers, strength in core business and a disciplined capital strategy have been the key pillars of success for The Home Depot, Inc. HD . […]

With the subsea recovery slowly gaining momentum, TechnipFMC plc FTI was recently awarded a slew of three fresh contracts offshore Malaysia, the Gulf of Mexico (GoM) and Israel. The company has secured engineering, procurement, construction and installation contracts on three separate projects. […]

Royal Dutch Shell plc RDS.A is set to offload its entire stake in Iraq-based West Qurna 1 oil field through a $406-million deal, moving ahead with its divestment goals. This represents the second international divestment deal that the company announced in a week after declaring its intention to exit New Zealand by selling its portfolio of energy assets in a $578 million deal . […]

Shares of Natural Resource Partners LP NRP have outperformed the Coal industry in the last three months. The stock has returned 18.7% compared with the industry’s gain of 1.2 %. Natural Resource Partners carries a Zacks Rank #3 (Hold) […]