Stock Analysts

Cimarex Energy (XEC) to Divest Ward County Assets for $570M

Cimarex Energy Company XEC has inked a purchase and sale agreement with Callon Petroleum to divest oil and gas properties located in Ward County, TX. The sale is expected toraise cash proceeds of about $570 million. Production from these properties, majority of which has been derived from the Bone Spring formation, is about 6,831 barrels of oil equivalent per day (73% oil) […]

Mergers & Acquisitions

PepsiCo Announces Definitive Agreement to Acquire Bare Snacks, Expanding Better-For-You Portfolio into Baked Fruit and Vegetable Snacks

PepsiCo Announces Definitive Agreement to Acquire Bare Snacks, Expanding Better-For-You Portfolio into Baked Fruit and Vegetable Snacks PR Newswire PURCHASE, N.Y., May 25, 2018 PURCHASE, N.Y. , May 25, 2018 /PRNewswire/ — PepsiCo, Inc. (NASDAQ: PEP) today announced it has entered into a definitive agreement to acquire Bare Foods Co […]

Economic Data

Markets on Cruise Control — But Not for Fiat Chrysler (FCAU)

Friday, May 25, 2018 This slow news week is at last coming to a close today. Aside from a healthy number of publicly traded retailers announcing quarterly earnings results and a scattering of economic data, there really hasn’t been a lot of news to trade on this week. Even the big peace summit with North Korea got called off — a news item simply for its lack of newsworthiness […]

Economic Data

Ahead Of The Memorial Day

This slow news week is at last coming to a close today. Aside from a healthy number of publicly traded retailers announcing quarterly earnings results and a scattering of economic data, there really hasn’t been a lot of news to trade on this week. Even the big peace summit with North Korea got called off — a news item simply for its lack of newsworthiness […]

Technicals

WM or SRCL: Which Waste Removal Stock is Better Placed?

The Waste Management industry mainly deals with all the activities and actions required to manage waste from its inception to its final disposal. It’s a multi-billion dollar industry and major services include waste collection, waste treatment and disposal, and remediation. The industry is highly dependent on industrial, commercial and construction business activities. […]

Technicals

Hyatt Hotels’ (H) Strategic Efforts to Aid Long-Term Growth

Hyatt Hotels Corporation H is riding high on impressive earnings surprise history, solid brand portfolio, extensive international exposure and strong developmental pipeline. Backed by these strategic efforts, the stock has surged 40.8% in a year’s time, outperforming the industry ’s increase of 20.9%. Yet, lingering global woes in key operating regions along with fluctuations in exchange rates raise concern […]

Technicals

Why Hold Strategy is Apt for First Data (FDC) Stock Right Now

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 discuss about First Data Corporation FDC , a stock with an expected long-term earnings per share growth rate of 11%. […]

Stock Analysts

Unum (UNM) Raises Dividend by 13%, Okays $750M Share Buyback

In a bid to enhance shareholder value, the board of directors of Unum Group UNM recently hiked its quarterly dividend by 13% and approved a new $750-million share buyback program. The new dividend payout amounts to 24 cents per share compared with 23 cents paid earlier. The annualized dividend of $1.04 per share yields 2.7%, based on the closing price of $38.54 as of May 24. […]

Stock Analysts

LabCorp Extends UnitedHealthcare Pact, Lifts Diagnostics Arm

Over the last few months, Laboratory Corporation of Americas Holdings LH (popularly known as LabCorp) has been dominating headlines on several developments including strategic partnerships and divestments. Following the company’s laboratory collaboration with Appalachian Regional Healthcare and Mount Sinai, it has formed one more joint venture, this time with UnitedHealthcare, a business of UnitedHealth Group UNH . In fact, this is the renewal of both entities’ long-term strategic partnership to create more simplified and personalized care recommendations for 48 million people enrolled in UnitedHealthcare plans. […]

Stock Analysts

Public Service Enterprise to Gain from Capital Investments

On May 23, we issued an updated research report on Public Service Enterprise Group Incorporated PEG , also known as PSEG.Asolid portfolio of regulated and non-regulated utility assets provides stable earnings and significant long-term growth potential. Public Service Enterprise reported first-quarter 2018 adjusted operating earnings of 97 cents per share, which missed the Zacks Consensus Estimate by a penny. Revenues were $2,818 million in the quarter, which surpassed the Zacks Consensus Estimate of $2,740 million by 2.8%. […]