Month: May 2018

Emerson Electric Company EMR recently announced a new Plantweb Insight application for wireless pressure gauges, with easy usability features. This IIoT (Industrial Internet of Things) application enables maintenance workers to gain a streamlined view of Rosemount wireless pressure gauges, thus enhancing safety. Per the company, the IIoT application is capable of delivering field data once per minute from a fleet of wireless pressure gauges […]

Arthur J. Gallagher & Co. AJG has recently acquired Thomas Costello Insurance Agency, Inc […]

Snap SNAP , which has so far been hesitant in allowing third-party developers on the platform, seems to be following the footsteps of other tech companies like Facebook FB , Alphabet GOOGL and Apple AAPL who are keen on improving developer relationship. Per a recent report by TechCrunch, Snap is working on its first developer platform called Snapkit that would enable other third-party applications to offer login using Snapchat credentials. Moreover, to make it more appealing to the masses, Snap will let users use their Bitmoji avatars on other platforms. […]

Salesforce.com Inc. CRM reported splendid first-quarter fiscal 2019 non-GAAP earnings of 74 cents per share, which strongly beat the Zacks Consensus Estimate of 46 cents. […]

Alibaba Group Holding Limited BABA is leaving no stone unturned to bolster its presence in the retail sector with robust delivery networks. Recently, the company has led a consortium of investors to invest $1.38 billion in a China-based express delivery company, ZTO Express (Cayman) Inc. ZTO […]

Mellanox Technologies, Ltd. MLNX recently launched the Mellanox Hyper-scalable Enterprise Framework for enterprise and private cloud data centers. […]

Over the past few weeks, natural gas prices have risen to levels not seen in almost four months, reflecting a steady, albeit slow, ascent, after being range bound since late January. A confluence of factors could fuel the commodity's march to the psychologically important $3 level this summer. Here are at least four key reasons for the nascent rally to continue: Record Summer Heat: With record high temperatures heating up the Memorial Day weekend, the summer injection season (April to October) – following a late-ending winter – is turning out to be scorching across major U.S […]

President Donald Trump’s calling off of the summit with North Korean leader Kim Jong Un last Thursday was quite a shocker. The abandonement of summit plans dealt a blow to the underpenetrated and emerging markets of Asia, which are a solid source of revenues for more than 80% of U.S.-based multinational companies. […]

Pennsylvania Real Estate Investment Trust PEI — better known as PREIT — is making every possible move to strengthen its balance sheet. The company recently announced execution of a recast of $700-million revolving credit and term loan facility. The accomplishment of these transactions prior to their scheduled maturities offers flexibility to the company because although the terms and conditions remain the same as its existing loans, their maturities now get extended to 2023 […]

Jack in the Box Inc. ’s JACK premium and value offerings, along with the increased focus on menu innovation, franchising and delivery are key growth drivers. The strategic sell-out of the Qdoba brand is also expected to reap benefits, going forward. […]

HP Inc. HPQ delivered another quarter of stellar performance wherein its revenues for the second quarter of fiscal 2018 surpassed the Zacks Consensus Estimate, while earnings matched the same. Moreover, the company’s revenues increased for the seventh consecutive quarter, out of which the last six recorded double-digit growth after a prolonged period of decline. […]

TOTAL S.A. TOT announced that it signed agreements with Sonangol, covering certain upstream and downstream operations in Angola. […]

Ascena Retail Group, Inc. ASNA is slated to report third-quarter fiscal 2018 results on Jun 4. The company has reported a negative earnings surprise of 33.3% in the last reported quarter. […]

In the course of strict screening to determine the intrinsic value of a company, investors often miss the chance of betting on stocks that have bright long-term prospects. The same way, growth investors often end up investing in expensive stocks. If we keenly observe the investment track of the Oracle of Omaha, Warren Buffett, we can see how, in quest of eliminating these hazards, this pure play value investor has gradually shifted to a mixed investment strategy or more precisely GARP (growth at a reasonable price) strategy […]