This Memorial Day subtropical storm Alberto is expected to hit north in the Gulf of Mexico, hitting Mississippi to Florida and affecting offshore energy production. Onshore energy production is also expected to be affected due to high flooding risks. The storm is expected to have a top wind speed of 65 miles (105 kilometers) per hour (mph), which is below the hurricane level of 74 mph […]
Dollar General Corporation DG is scheduled to report first-quarter fiscal 2018 results on May 31. In the last reported quarter, the company reported in-line earnings. […]
Costco Wholesale Corporation COST is slated to report third-quarter fiscal 2018 results on May 31. In the last reported quarter, the company missed the Zacks Consensus Estimate by 2.1%. However, we note that in the trailing four quarters, this Issaquah, WA-based company has outperformed the Zacks Consensus Estimate by an average of 2.1%. […]
AstraZeneca PLC. AZN announced that a phase III PACIFIC study evaluating its oncology candidate, Imfinzi (durvalumab), for an early stage lung cancer indication met its second primary endpoint of overall survival (OS). […]
Orbital ATK OA announced that it has received order from NASA for two additional Joint Polar Satellite System (JPSS) spacecraft which will be operated by the National Oceanic and Atmospheric Administration (NOAA). Orbital ATK is currently involved in the construction of the JPSS-2 spacecraft. Post the new order, the company will now build three JPSS spacecrafts (JPSS-2, JPSS-3, and JPSS-4) for NASA, which are expected to provide critical weather forecasting data along with advance environmental and oceanographic science […]
Guess?, Inc. GES is slated to release first-quarter fiscal 2019 results on May 30. Notably, the company’s bottom line outpaced the Zacks Consensus Estimate in the trailing four quarters, the average being 34.7%. […]
Big Lots, Inc. BIG is slated to report first-quarter fiscal 2018 results on Jun 1. […]
In line with its strategy to shift toward healthier options, PepsiCo Inc. PEP will acquire Bare Foods, a U.S.-based maker of baked fruit and vegetable snacks. No terms of the deal were disclosed. […]
On May 25, we issued an updated research report on Lincoln Electric Holdings, Inc. LECO . The company is poised to gain from improving end markets, global pricing actions and acquisitions. […]
Ciena Corporation CIEN is scheduled to report second-quarter fiscal 2018 financial results (ending Apr 28, 2018) before the opening bell on May 31. The company is likely to report higher consolidated revenues led by healthy growth dynamics. Whether this could result into an earnings beat remains to be seen. […]
The Boeing Co . BA recently clinched a modification contract for eight CH-47F new build helicopters, aiming to support the Royal Saudi Land Forces Aviation Command (RSLFAC). The deal came under the foreign military sales (FMS) program. […]
Per Reuters, Fiat Chrysler Automobiles N.V. FCAU announced the recall of more than 5.3 million vehicles sold in North America to fix a defective cruise control. In unusual situations, the defect might prevent drivers from deactivating the vehicle’s cruise control […]
Per the 2018 outlook by Cruise Lines International Association (CLIA), the cruise industry is steadily treading on a growth trajectory, with 27.2 million passengers expected to set sail in 2018. In 2017, approximately 25.8 million passengers cruised compared with 24.7 million in 2016. The upside in demand for cruises is largely backed by a favorable economy, exhibiting increased consumer demand for goods and services. […]
Benefits from a stabilizing economy and improving interest-rate scenario have well positioned the banking industry. Moreover, lower commercial tax rate are likely to further boost profitability of the banks. In addition, relieving banks from some of the stringent requirements of the Dodd-Frank Act has made the companies optimistic of future earnings growth and raised investors’ sentiments as well. […]
A prudent investment decision involves buying stocks that have solid prospects and selling those that carry risks. At times, it is rational to hold certain stocks that have enough potential but are weighed down by tough market conditions. Here we focus on CRA International, Inc […]
Pulse Oil Corp. Announces Acquisition of 3D Seismic for Enhanced Oil Recovery Project PR Newswire CALGARY, May 28, 2018 CALGARY , May 28, 2018 /PRNewswire/ – Pulse Oil Corp. […]
Celanese Corporation CE will raise the list and off-list selling prices of acetyl intermediate products. The price hike will be effective on or after Jun 1, 2018 or as contracts permit. The company will raise the prices of Vinyl Acetate Ethylene by $150/MT in Mexico & South America and by €150/MT in Europe, Middle East & Africa. […]
Shares of Prothena Corporation PRTA were down 1.62% a day after the company announced a reorganization plan. Prothena’s stock has lost 67.3% in the last six months, worse than the industry ’s decline of 7.8%. […]
Ashland Global Holdings Inc. ASH is set to hike the prices of maleic anhydride sold in North America up to 6 cents per pound. The price hike will be effective Jun 7, 2018 or as contracts permit. […]
Host Hotels & Resorts, Inc. HST is likely to gain from its solid portfolio of upscale hotels across markets with potential. Furthermore, the company’s strategic capital-recycling program and a healthy balance sheet bode well for its long-term growth. […]
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