Momentum Stocks

Bear of the Day: Rent-A-Center (RCII)

Headquartered in Plano, TX, Rent-A-Center ( RCII ) is a company that provides consumers the opportunity to own high-quality, durable, name-brand furniture, electronics, appliances, computers, and accessories under flexible rental purchase agreements, with no long-term obligation. The company offers same-day delivery, 90 days same as cash, and an early purchase option for customers. […]

Momentum Stocks

Bull of the Day: VMware (VMW)

Headquartered in Palo Alto, CA, VMware Inc. ( VMW ) is a tech company that provides virtualization solutions from desktops to data centers.Their solutions enable organizations to aggregate multiple servers, storage infrastructure and networks together into shared pools of capacity that can be allocated dynamically, securely and reliably to applications as needed, which increases hardware utilization and reducing spending. Notably, VMware sees a huge portion of their revenues from its indirect sales channel that includes distributors, resellers, x86 system vendors, and systems integrators. […]

Stock Analysts

Acxiom Maintains FY18 Outlook Post Facebook’s New Guidelines

Acxiom Corporation ’s ACXM shares have declined 8.4% closing at $28.05 on Mar 28, after Facebook FB temporarily severed its collaboration with third-party data providers. With a view to satiate potential investors and existing shareholders, the company recently issued a press release stating that fiscal 2018 revenues and EPS outlook remain steady. For fiscal 2018, revenues are expected in the range of $910-$915 million, up 6% from fiscal 2017. […]

Mergers & Acquisitions

Vedanta Issued Letter of Intent as Successful Resolution Applicant for Acquisition of Electrosteel Steels Limited

Vedanta Issued Letter of Intent as Successful Resolution Applicant for Acquisition of Electrosteel Steels Limited PR Newswire MUMBAI, India, April 2, 2018 MUMBAI, India , April 2, 2018 /PRNewswire/ — Vedanta Limited hereby informs that it has been declared as the successful resolution applicant by the Committee of Creditors for Electrosteel Steels Limited under the Corporate Insolvency Resolution Process of the Insolvency and Bankruptcy Code, 2016 and has received a Letter of Intent (LoI) today informing the Company about the same. Vedanta Limited has accepted the terms of the LoI. […]