Month: May 2018

AT&T Inc. T has announced that it will start selling the LG V35 ThinQ at its retail stores from Jun 8. […]

On May 30, we initiated coverage on Air Lease Corporation AL . The fortunes of Air Lease are directly related to the airline industry. Per International Air Transport Association (IATA) forecast, the industry is set on a growth path with net profit projected to rise to $38.4 billion in 2018. […]

Yandex N.V. YNDX recently launched a new smart speaker aimed at the Russian-speaking market. This move is a major expansion to the Yandex intelligent assistant ecosystem. […]

In a bid to maintain its position as the fastest-growing global hospitality company, Hilton Worldwide Holdings Inc. HLT is continuing to drive unit growth. Of late, the company announced that two of its marketing leading brands — Curio Collection and Tapestry Collection — will boost its portfolio with seven hotels in the United States. […]

The A2 insurance financial strength (IFS) rating of the UK-based AIG Europe Limited (AIGEL), an indirect wholly owned subsidiary of American International Group, Inc. AIG , has been affirmed by Moody’s Investors Service, the rating arm of Moody’s Corporation. The rating agency has additionally assigned provisional IFS ratings of (P) A2 to the newly established indirect AIG subsidiaries namely, UK-based American International Group UK Limited (AIG UK) and Luxembourg-based AIG Europe S.A. […]

On May 30, 2018, shares of WellCare Health Plans, Inc. WCG hit a 52 week high of $232.04, eventually closing the session at $227.12. […]

Zynga ZNGA recently expanded its gaming portfolio with the acquisition of privately-held mobile game developer Gram Games for $250 million in cash. The company also updated second-quarter 2018 guidance. The buyout will be dilutive to its profitability but will add to bookings in the second quarter. […]

On May 29, we initiated coverage on Copa Holdings, S.A. CPA . The company is benefiting from the robust demand for air travel, courtesy of the improving Latin American economy. […]

Dollar Tree Inc. DLTR posted first-quarter fiscal 2018 results, wherein both earnings and sales lagged the Zacks Consensus Estimate but improved year over year. Further, management updated guidance for second-quarter and fiscal 2018. […]

Enphase Energy ENPH recently announced that it has joined hands with Waaree Energies for installing a 4.5 mega watt (MW) solar power plant, in Hosapet, India. On completion, the plant will emerge as Enphase Energy’s largest microinverter-based solar plant installation, across the world. […]

Shares of Santander Consumer USA Holdings Inc. SC lost 6.5% and Ally Financial Inc. ALLY declined 1.2%, on May 30 […]

Comtech Telecommunications Corp. CMTL has announced that Command & Control Technologies group, part of its Government Solutions segment, procured orders totaling $14.2 million from the U.S. […]

Palo Alto Networks, Inc. PANW is slated to release third-quarter fiscal 2018 results on Jun 4. […]

We issued an updated research report on Altra Industrial Motion Corporation AIMC on May 31. This machinery company currently carries a Zacks Rank #2 (Buy), a revision from its earlier Zacks Rank #3 (Hold). […]

Amazon AMZN has recently announced the availability of Prime Whole Foods discount at 121 Whole Foods Market stores located across 12 U.S. states. This move is in sync with its focus to strengthen presence in the retail sector […]

American International Group Inc. AIG aims to expand its presence in the pension risk transfer market via agreement on the two largest plan termination transactions of 2017. These transactions, entered into by American General Life Insurance Company, part of AIG’s Life & Retirement business, represented over $1.5 billion in pension plan obligations covering more than 24,000 retirees, beneficiaries, deferred and active members. […]