Technicals

Career Education (CECO) Shares March Higher, Can It Continue?

As of late, it has definitely been a great time to be an investor in Career Education Corporation CECO . The stock has moved higher by 14.3% in the past month, while it is also above its 20 Day SMA too. This combination of strong price performance and favorable technical, could suggest that the stock may be on the right path […]

Mergers & Acquisitions

CVS Health Announces Management Team for Combined Company Following Close of Aetna Acquisition Transaction

CVS Health Announces Management Team for Combined Company Following Close of Aetna Acquisition Transaction Executives of both companies appointed to drive forward future vision Transaction expected to close in second half of 2018, subject to required regulatory approvals PR Newswire WOONSOCKET, R.I., June 6, 2018 WOONSOCKET, R.I. , June 6, 2018 /PRNewswire/ — CVS Health (NYSE: CVS) today announced the management team that following the close of the Aetna (NYSE: AET) acquisition will lead the combined company into the future. […]

Mergers & Acquisitions

Paladina Health Partners with NEA to Fuel Growth and Expansion

Paladina Health Partners with NEA to Fuel Growth and Expansion Paladina Health delivers expanded access to a personalized, patient-focused physician relationship PR Newswire DENVER, June 6, 2018 DENVER , June 6, 2018 /PRNewswire/ — Today, Paladina Health , a company with an innovative primary care approach to delivering individualized health care, announced that global venture capital firm New Enterprise Associates (NEA) has acquired the wholly owned subsidiary from Fortune 500 healthcare services corporation DaVita Inc . The acquisition will position Paladina Health for continued growth and innovation as a leader in the direct primary care (DPC) market. […]

Stock Analysts

Hawaiian Holdings Bookings Dip Slightly on Volcanic Eruption

Per Reuters , Hawaiian Holdings, Inc . HA subsidiary Hawaiian Airlines’ CEO Peter Ingram stated that the carrier has suffered a slight decline in bookings following an eruption at Hawaii’s Kilauea volcano. The company’s CEO further commented on the sidelines of an airline industry conference that the flights from Honolulu to Hilo and Kona faced the largest impact as these airports are situated on the island of the spewing volcano […]

Stock Analysts

HP Plans More Job Cuts by FY19 as Part of Restructuring

As part of its ongoing restructuring initiatives, HP Inc. HPQ recently, in a filing with Securities Exchange & Commission (SEC), noted that the company is increasing its employee retrenchment-plan target. The company now anticipates 4,500-5,000 employee retrenchment by the end of fiscal 2019 […]

Stock Analysts

Emerge Energy to Build New Facility in the Mid-Continent

Emerge Energy Services LP EMES recently announced plans to expand its in-basin sand operations with a new mining and processing facility, which is located in the Kingfisher County, OK. Superior Silica Sands, a unit of Emerge Energy, inked a 25-year lease deal to receive the mining rights for 600 acres, which is located around 60 miles (96.6 kilometers) northwest of the Oklahoma city. Moreover, for the construction of wet and dry processing plants in the Mid-continent, the unit agreed to buy 40 acres of land adjoining its leased acreages […]

Stock Analysts

4 Stocks in Limelight on New Analyst Coverage

As analysts are one of the most important information intermediaries in capital markets, initiation of coverage by them creates value for companies. It is to be borne in mind that the lack of consistency in information creates inefficiencies that might result in misinterpretation of stocks (over- or under-valued). […]

Stock Analysts

Equifax Assists Mortgage Industry’s Shift to Digitalization

Equifax Inc. EFX yesterday announced the launch of an instant alert — The Work Number Indicator — that will notify the existence of any individual’s employment and income record in The Work Number database. The Work Number database — a product of Equifax Verification Services — is one of the nation’s largest sources of authentic employment and income information with a current database of more than 5,500 employers from all over the United States […]

Stock Analysts

3 Food Stocks to Please Investors’ Palate

The food industry has underperformed the broader market in a year’s time as the industry has been struggling in the face of numerous issues. Again, the industry currently ranks among the bottom 20% of all Zacks industries, signifying that industry-level factors will continue to be unfavorable. With obesity ballooning into a major heath issue in America, consumers are desperately looking for food with health benefits. […]

Stock Analysts

Iron Mountain Closes Amended Loan Facility, Boosts Strength

Iron Mountain Incorporated IRM recently boosted its financial position by closing an amended and refinanced secured revolving facility. The move offers greater flexibility to the company as it offers a $1,750-million senior secured loan and another $250-million term loan A. Amendments have been made in the funded term-loan component, as well as the revolving component of the credit facility.The restated loan has enabled the company to stretch debt maturities from June 2022 to June 2023. […]