Stock Analysts

Gilead & Galapagos Announce Positive Data on Filgotinib

Gilead Sciences, Inc . GILD and Galapagos NV GLPG announced that the phase II study, EQUATOR, on pipeline candidate, filgotinib achieved its primary endpoint of improvement in the signs and symptoms of psoriatic arthritis at Week 16, as assessed by the American College of Rheumatology 20 percent improvement score (ACR20). The EQUATOR trial, initiated by Galapagos in April 2017, is a multicenter randomized, double-blind, placebo-controlled trial to assess the safety and efficacy of the selective JAK1 inhibitor filgotinib in adult patients with moderately to severely active psoriatic arthritis […]

Stock Analysts

Microsoft & Intel to Enhance Self-Driving With Mapbox Maps

Reportedly, Microsoft MSFT , Intel INTC and Softbank’s ARM Holdings are independently collaborating with Mapbox Inc, a mapping startup. With the tie-up Microsoft and Intel will be able to help drive the autonomous vehicle revolution forward. Mapbox does not provide mapping app itself, it rather offers the underlying maps in Instacart grocery delivery app, Snap messaging app and Match Group Inc’s MTCH Tinder’s Places, among others. […]

Economic Data

Jobless Claims, PCE "Steady As She Goes"

Thursday, May 31, 2018 We continue the banquet of economic data during this holiday-shortened week this morning with both new Initial Jobless Claims, which we see every Thursday morning ahead of the opening bell, and Personal Income and Consumer Spending numbers. These follow yesterday’s private-sector payroll results from ADP ADP and Q1 GDP revision, and are ahead of tomorrow’s non-farm payroll report from the Bureau of Labor Statistics (BLS), including a new Unemployment Rate. […]

Economic Data

Initial Claims Fall, PCE Remained Steady

We continue the banquet of economic data during this holiday-shortened week this morning with both new Initial Jobless Claims, which we see every Thursday morning ahead of the opening bell, and Personal Income and Consumer Spending numbers. These follow yesterday’s private-sector payroll results from ADP ADP and Q1 GDP revision, and are ahead of tomorrow’s non-farm payroll report from the Bureau of Labor Statistics (BLS), including a new Unemployment Rate. Keeping on the employment front, Initial Jobless Claims again dropped into the historically low range of 200-225K last week, posting 221K new claims […]

Technicals

Should Value Investors Pick Tyson Foods (TSN) Stock?

Value investing is easily one of the most popular ways to find great stocks in any market environment. After all, who wouldn’t want to find stocks that are either flying under the radar and are compelling buys, or offer up tantalizing discounts when compared to fair value? One way to find these companies is by looking at several key metrics and financial ratios, many of which are crucial in the value stock selection process […]

Technicals

Gannett Co. (GCI): A Good Pick for Value Investors?

Value investing is easily one of the most popular ways to find great stocks in any market environment. After all, who wouldn’t want to find stocks that are either flying under the radar and are compelling buys, or offer up tantalizing discounts when compared to fair value? […]

Technicals

Should Value Investors Consider Meredith (MDP) Stock Now?

Value investing is easily one of the most popular ways to find great stocks in any market environment. After all, who wouldn’t want to find stocks that are either flying under the radar and are compelling buys, or offer up tantalizing discounts when compared to fair value? One way to find these companies is by looking at several key metrics and financial ratios, many of which are crucial in the value stock selection process. […]

Mergers & Acquisitions

ParkWhiz Acquires Tel Aviv-Based CodiPark

ParkWhiz Acquires Tel Aviv-Based CodiPark Acquisition Enhances Company’s Strength in Connected Mobility and Mobile Payments PR Newswire CHICAGO, May 31, 2018 CHICAGO , May 31, 2018 /PRNewswire/ — ParkWhiz announced today that it has acquired CodiPark, a Tel Aviv -based company known for industry-leading solutions that deliver a friction-free parking experience. With the acquisition, ParkWhiz will add drive-up mobile payments to its Parking Platform, which powers numerous third party mobile apps, as well as its own ParkWhiz and BestParking brands. […]

Stock Analysts

Liberty Property Signs New Lease to Achieve Full Occupancy

Liberty Property Trust ’s LPT industrial properties have been experiencing encouraging demand for its properties amid the recovering economy and e-commerce boom. Recently, the company announced securing a long-term lease with Koops, Inc., for 45,600 square feet of space, at the Brookfield South Business Park in Mauldin, SC. The tenant is expected to occupy the space this June […]

Stock Analysts

OPEC Likely to Keep Output Curbs: 5 Top-Ranked Oil Picks

Oil prices surged on May 30, following a report by Reuters that Saudi Arabia, other OPEC (Oil and Petroleum Exporting Countries) countries, and non-OPEC allies led by Russia are likely to abide by a global pact on cutting oil supplies until the end of 2018. However, oil producers will make gradual adjustments in the event of any supply disturbances. Notably, oil prices have been plummeting of late following the news that OPEC and Russia are planning to increase crude oil production by 1 million barrels a day to neutralize the effect of shortfall of oil production from Iran and Venezuela […]

Stock Analysts

Is Intel Zooming Ahead of NVDA, TSLA in Self-Driving Space?

Intel INTC , in spite of being a late entrant in the autonomous driving industry, is turning heads with its recent developments in the field. The company has initiated testing of around 100 self-driving cars in Jerusalem and the same fleet will be deployed in several other regions including the United States in the coming months. […]

Stock Analysts

Pandora’s Family Plan to Hit Spotify, Apple Music Dominance

Pandora P followed the footsteps of Spotify SPOT , Apple AAPL Music, Alphabet GOOGL and Amazon AMZN and launched Family Plan for Pandora Premium recently. The plan, priced at $14.99, allows six people to gain access to Premium features under one billing account. The company has kept the pricing and shareability on par with the family plans from Apple Music, Google Play Music, Spotify and Amazon Music, which were launched in June 2015, December 2015, May 2016 and November 2016, respectively. […]

Stock Analysts

LabCorp Extends Aetna Agreement, Expands Diagnostics Business

Laboratory Corporation of Americas Holdings LH , popularly known as LabCorp, has announced the extension of its existing partnership agreement with Aetna AET . Of late, the company has been dominating the headlines on its announcement of expanding partnership with UnitedHealthcare, a business of UnitedHealth Group UNH to continue to serve as UnitedHealthcare’s exclusive national laboratory provider until Jan 1, 2019. […]

Stock Analysts

Medical Properties (MPT) to Divest Stake in Ernest Health

Medical Properties Trust, Inc. MPW , also known as MPT, announced that it has entered into definitive agreement with One Equity Partners (“OEP”), per which the company will sell its equity stake in Ernest Health, Inc. Further, certain members of Ernest management have agreed to sell interests in Ernest to OEP. […]