Stock Analysts

Neogen (NEOG) Q3 Earnings Beat, Revenues Miss Estimates

Neogen Corporation NEOG reported adjusted earnings of 32 cents per share in the third quarter of fiscal 2018. The figure beat the Zacks Consensus Estimate by 33.3% and increased 60% from the year-ago quarter. Revenues increased 8.5% on a year-over-year basis to $95.9 million, lagging the Zacks Consensus Estimate of $97 million […]

Stock Analysts

Is BorgWarner (BWA) a Great Stock for Value Investors?

Value investing is easily one of the most popular ways to find great stocks in any market environment. After all, who wouldn’t want to find stocks that are either flying under the radar and are compelling buys, or offer up tantalizing discounts when compared to fair value? One way to find these companies is by looking at several key metrics and financial ratios, many of which are crucial in the value stock selection process […]

Stock Analysts

Raytheon Wins $523M AMRAAM Modification Deal From Air Force

Raytheon Company ’s RTN Missile Systems business segment recently won a modification contract for production of Advanced Medium Range Air to Air Missile’s (AMRAAM) 31 st Lot. Work related to the deal is scheduled to be over by Jan 31, 2021. Details of the Deal Valued at $523.1 million, the contract was awarded by the Air Force Life Cycle Management Center, Air Dominance Contracting Office, Eglin Air Force Base, Florida. […]

Stock Analysts

BofA to Pay $42M for Improper Electronic Trading Activities

Recently, Bank of America BAC agreed to pay a fine of $42 million to the State of New York for hiding facts from customers regarding its electronic trading services for a period of about five years. The Wall Street biggie admitted to have routed millions of client orders to other electronic liquidity providers such as Citadel Securities, Knight Capital, D.E. Shaw, Two Sigma Securities and Madoff Securities, while convincing clients that its in-house electronic services are “more sophisticated and safer than they really were.” The bank had reprogrammed its trading system so that confirmation messages were sent directly to the clients when the outside liquidity providers executed the orders. […]

Mergers & Acquisitions

Burns & Levinson Represents Wynnchurch Capital in Acquisition of Heartland Automotive

Burns & Levinson Represents Wynnchurch Capital in Acquisition of Heartland Automotive PR Newswire BOSTON, March 26, 2018 BOSTON , March 26, 2018 /PRNewswire/ — Burns & Levinson today announced that it represented Wynnchurch Capital, LLC (“Wynnchurch”), a leading private equity firm, in its acquisition of Heartland Automotive Services, Inc., one of the largest franchisees in the quick lube business and the largest operator of Jiffy Lube service centers with approximately 523 locations in 26 states. The acquisition of Heartland, which will be renamed Team Car Care, LLC, was completed in partnership with Mid-Atlantic Lubes, Inc., an existing Jiffy Lube franchisee. The deal closed February 26, 2018 […]

Stock Analysts

Domtar Rides on Modest Revenue Growth, Margin Woes Remain

On Mar 26, we issued an updated research report on paper & paper products firm, Domtar Corporation UFS . Domtar is currently seeking growth through profitable investment opportunities with a commitment to pollution-free environment and sustainable practices. The company is also streamlining the cost structure, improving revenue quality and maintaining a healthy cash flow with a disciplined approach to cash utilization […]

Stock Analysts

Archer Daniels’ Cost-Savings Plan on Track: Should You Buy?

Archer Daniels Midland Company ADM progresses well by strengthening its business through increased cost savings, which is a key component of its long-term strategy. Also, the company has long been enhancing the operational efficiency of its production and supply chain networks to curtail costs. These initiatives helped this Illinois-based company to deliver robust earnings in fourth-quarter 2017. […]

Stock Analysts

Ericsson’s Energy Alliance for Sustainable Network Evolution

Ericsson ERIC joined forces with Vertiv and NorthStar to drive cost-effective and sustainable network evolution toward 5G, within the Ericsson Radio Site System. The partnership will merge Vertiv's faculties in power, thermal and infrastructure site management solutions with NorthStar's leadership in battery and energy storage solutions and incorporate it into the Ericsson Radio Site System. […]

Stock Analysts

5 Stock-Picking Strategies to Beat the Market

Wall Street witnessed brutal trading last week, with the major indices suffering the worst weekly fall in more than two years. The Dow Jones Industrial Average and the S&P 500 tumbled 5.7% and 5.9%, respectively, while the Nasdaq Composite Index shed 6.5%. The Facebook FB -led tech selloff, Fed rates hike, and a trade war brewing between the United States and China were the major culprits. […]