Nordstrom, Inc. JWN , which consistently adapts to the evolving retail industry, is not far behind in the retailers’ race to aggressively expand presence in the online and digital arena to offer a seamless shopping experience. The company’s efforts to expand digitally are essential to thwart the increasing dominance of the online giant Amazon.com, Inc […]
Fluor Corporation FLR has recently announced that it has clinched a front-end engineering design (FEED) contract from Egypt’s state energy firm Enppi. The company will offer FEED services for the offsites and utilities portion of the main plant complex as well as support services for the Waphco phosphoric acid production plant at Abu Tartour, New Valley. The engineering and construction firm booked undisclosed value of the contract in first-quarter 2018 […]
Dolby Laboratories, Inc. DLB has recently announced its collaboration with Huawei to introduce the HUAWEI P20 as well as HUAWEI P20 Pro with Dolby Atmos sound and Dolby AC-4. The new partnership will encompass Dolby’s modern audio technologies, creating an impressive audio experience for users […]
SM Energy Company SM has provided its production and capital spending updates. Permian Production Strong The upstream energy player expects oil equivalent production for the January-to-March quarter of 2018 to be almost at the top end of the initial projection of 9.5 million barrels of oil equivalent (MMBoE) to 10 MMBoE. […]
Alphabet Inc .’s GOOGL division Google is set to acquire Tenor — a GIF search platform for Android, iOS and desktop. The deal will allow the company to incorporate Tenor’s GIFs into its own search platform. Google will deploy the GIFs on Google Images and its virtual keyboard, Gboard, which will enhance the search results of the platform […]
In a bid to strengthen its e-commerce portfolio, leading package delivery company FedEx Corporation FDX recently announced the acquisition of U.K.-based P2P Mailing Limited for £92 million. The earlier P2P offered customers unique last-mile delivery options. The company, prior to being acquired, provided parcel delivery services to more than 200 countries. […]
RLI Corp. RLI has been witnessing downward revisions of late. […]
Chipotle Mexican Grill, Inc. CMG had a good share of negative publicity throughout 2016 due to an issue of food-borne illnesses that surfaced toward 2015-end. As a safety measure, the company was forced to close several outlets. […]
As of late, it has definitely been a great time to be an investor in Fortuna Silver Mines Inc. FSM . The stock has moved higher by 17.8% in the past month, while it is also above its 20 Day SMA too […]
Investors certainly have to be happy with Capstone Turbine Corporation CPST and its short term performance. After all, the stock has jumped by 52.8% in the past 4 weeks, and it is also above its 20 Day Simple Moving Average as well. […]
Celgene Corporation CELG is taking desperate attempts to bolster its portfolio and reduce dependence on lead drug, Revlimid. However, things do not seem to be working in favor of the company. Celgene’s stock has lost 17.8% in the last three months, worse than the industry ’s decline of 5.6%. […]
WestRock Company WRK remains well-poised for growth, backed by its focus on execution of capital allocation strategy and KapStone acquisition. Improving industry conditions and a positive volume along with pricing dynamics are other key growth drivers for the company. However, raw material cost inflation and weak demand for processed foods as well as carbonated drinks remain headwinds […]
Ushering in good news for its shareholders, UDR Inc. UDR declared a 4% increase in annualized common dividend for 2018. The company will now pay a cash dividend of 32.25 cents per share for the first quarter compared with 31 cents paid in the prior quarter […]
On Mar 28, we updated the research report on industrial goods manufacturer, Honeywell International Inc. HON . […]
Accuray Incorporated ARAY recently announced that its flagship CyberKnife System has been successfully treated the first patient at Erasmus MC — the largest university medical center in the Netherlands. Notably, the device was used to treat oligometastases in the pelvic region, using an online-adaptive (OA) approach. The trial was conducted at Erasmus MC evaluating OA stereotactic body radiation therapy (SBRT) delivered by the CyberKnife platform […]
RH RH posted strong fourth-quarter 2017 results, with shares gaining a solid 14.7% during after-hours trading. The new membership model — RH Members Program — is improving its brand image, streamlining operations and enhancing customer experience. The company’s efforts to redesign its supply chain network and rationalize product offerings bode well. […]
The Travelers Companies Inc. TRV has seen the Zacks Consensus Estimate for 2018 and 2019 earnings being revised upward over the last 60 days. […]
Markets are suffering and the tech sector is at the helm of the carnage with share prices of all major players taking a beating. Needless to say, tech stocks have seen a sharp decline since the beginning of last week with Facebook, Inc. FB leading the rout after it was accused of a data breach […]
Celanese Corporation CE will raise the prices of vinyl acetate-based emulsions. The price hike will be effective from Mar 27, 2018 or as contracts permit. […]
Global crude steel production expanded in February on the back of a surge in output in China, the world's biggest steel maker, despite Beijing’s efforts to curb output during winter months to streamline its burgeoning steel sector and mounting trade tensions with the United States. Higher output from India, which pipped Japan as the second-largest steel producer, also supported the production growth. […]
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