Technicals

Chemours (CC) Looks Good: Stock Adds 5.4% in Session

The Chemours Company CC was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $46.20–$50.95 in the past one-month time frame, witnessed a sharp increase on Thursday […]

Technicals

Why Despegar.com (DESP) Stock Might be a Great Pick

One stock that might be an intriguing choice for investors right now is Despegar.com, Corp. DESP . This is because this security in the Transportation – Services space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective. […]

Mergers & Acquisitions

Thoma Bravo Completes Majority Investment in Nintex

Thoma Bravo Completes Majority Investment in Nintex PR Newswire SAN FRANCISCO, April 2, 2018 SAN FRANCISCO , April 2, 2018 /PRNewswire/ — Thoma Bravo, a leading private equity investment firm, announced today that it has become the majority investor in Nintex. Thoma Bravo acquired the interest from an investor group led by TA Associates, who will retain a minority stake in the company. Financial details were not disclosed. […]

Mergers & Acquisitions

MDC Partners Enters into Strategic Partnership with Instrument, a Leading Independent Digital Agency

MDC Partners Enters into Strategic Partnership with Instrument, a Leading Independent Digital Agency PR Newswire NEW YORK and PORTLAND, Ore., April 2, 2018 Partnership Expands MDC’s Digital Offering in Strategy, Creative and Technology NEW YORK and PORTLAND, Ore. , April 2, 2018 /PRNewswire/ — (NASDAQ: MDCA) – MDC Partners announced today that it has acquired a majority partnership interest in Portland, Oregon -based digital agency Instrument. […]

Stock Analysts

Reasons Why You Should Get Rid of Cadence (CDNS) Stock Now

If you are still holding on to shares of Cadence Design Systems, Inc. CDNS in your portfolio, it is time you dump them as chances of favorable returns in the near term appear bleak. Dropping Cadence can maximize investor’s portfolio returns as it has witnessed a significant price decline in the past year […]

Stock Analysts

Abbott Starts GUIDE-HF Clinical Trial for CardioMEMS Device

In a bid to fortify its Heart Failure business, Abbott ABT recently announced the start of the — GUIDE-HF clinical trial — largest heart failure medical device study in the United States. The trial will evaluate the effectiveness of CardioMEMS HF System in improving the survival and quality of life for patients with New York Heart Association (NYHA) Class II – IV heart failure. Per Abbott, positive results from the trial will help the company in expanding its customer base as well as provide additional clinical evidence to expand coverage for the CardioMEMS HF System […]

Stock Analysts

5 Top-Ranked Stocks That Ruled the Markets in Q1

Markets endured a particularly volatile start to the year, ultimately losing significantly in the first quarter. Key indexes touched record levels in January before encountering a correction in February. These losses were caused by a jump in wages which triggered fears of higher inflation and faster rate increases […]

Stock Analysts

4 Top-Ranked Tech Stocks That Gained More Than 50% in Q1

There’s no looking back for the technology sector in spite of its latest market mayhem. Looking beyond scandals and mishaps, tech players continue to thrive on the growing adoption of cloud computing, cloud infrastructure build-out, networking innovations, corporate focus on security, the proliferation of wearables and increased automation on the factory floor. Use of other Internet of Things (IoT) at home, in office, for cars and every other conceivable place is also an incredible business driver. […]

Technicals

Moving Average Crossover Alert: Tesoro Logistics LP (ANDX)

Tesoro Logistics LP ANDX could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for ANDX broke out below the 200 Day Simple Moving Average, suggesting short-term bearishness. This has already started to take place, as the stock has moved lower by 2.4% in the past four weeks. […]