Month: June 2018

Alphabet ’s GOOGL Google is leaving no stone unturned to improve its investment activities and reap benefits from investments in potential companies. Reportedly, the company teamed up with Orange Digital Ventures, the corporate venture arm of a France-based telecommunication firm Orange, to make investments in startups based in Europe, Middle East and Afirca (EMEA). […]

Speculation is rife that Microsoft Corp MSFT is likely to acquire GitHub, according to a Bloomberg report citing “people familiar with the matter”. Notably, GitHub is supposedly the world’s largest open-source code repository. GitHub was last valued at $2 billion in 2015 […]

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 […]

Facebook ’s FB dominance in social networking seems to be under threat as young users are reportedly abandoning it in favor of Snap’s SNAP Snapchat and Alphabet’s GOOGL YouTube. In fact, the core Facebook app is also losing young users to its photo-sharing app Instagram. Per Pew Research Center’s latest survey, Facebook’s popularity among U.S […]

Apple ’s AAPL annual event Worldwide Developers Conference ("WWDC") is set to commence today. Just like other years, the company has been tight-lipped about the event and surprisingly leaks are also scarce. It seems Apple’s improved security measures to stop public outflow of its private data have worked perfectly this time […]

A wise investment decision involves buying well-performing stocks at the right time while selling those that are at risk. A rise in share price and strong fundamentals signal a stock’s bullish run. […]

Monster Beverage Corporation’s MNST shares have lost 18.6% in the past year, faring miserably against the Zacks Beverages – Soft drinks industry ’s rally of 10.5%. Also, the company has underperformed the industry in the 4-week and 12-week time frames, which indicates the current Momentum Score of F. Moreover, Monster Beverage’s earnings estimates revisions are pretty discouraging […]

Signet Jewelers Limited SIG is slated to report first-quarter fiscal 2019 results on Jun 6. Last quarter, the company’s earnings surpassed the Zacks Consensus Estimate by 0.5%. Which Way Are Top & Bottom-Line Estimates Headed […]

Red Robin Gourmet Burgers, Inc. RRGB banks on various sales-building efforts like continual focus on menu innovation, value offerings, increasing service speed, effective marketing strategy, remodeling programs and online ordering business to drive its top-line growth. Effective cost-cutting efforts are also on the company’s priority list. […]

Northrop Grumman Corp .’s NOC subsidiary, Northrop Grumman Systems Corp., recently secured an $866 million multiple-line item contract from the Air Force Life Cycle Management Center, Peterson Air Force Base; Colorado. Work related to the deal is scheduled to get completed by May 31, 2023. Details of the Deal Per the deal, Northrop Grumman will be entrusted with the duty for sustainment and modification of radar sensors, providing depot-level sustainment services and modification projects for the Ballistic Missile Early Warning systems and PAVE Phased Array Warning system radars along with the Parameter Acquisition Radar Attack Characterization system. […]

Shares of Copa Holdings, S.A. CPA hit a 52-week low of $109.04 during the trading session on Jun 1 before retracing a bit to close at $109.26. […]

NVIDIA Corporation NVDA , at Computex 2018, unveiled NVIDIA Isaac, a platform consisting of a virtual simulator for robots along with new hardware and software suites. The kit is priced at $1,299 and is expected to be available in the market by August. The platform is equipped with “the world’s first computer designed specifically for robotics” called Jetson Xavier. […]

Big Lots Inc. BIG saw a weak start to the fiscal. After nine straight quarters of earnings beat, the company missed the Zacks Consensus Estimate in first-quarter fiscal 2018. […]

Eli Lilly and Company LLY along with its partner Incyte Corporation INCY announced that the FDA has approved the 2 mg dose of Olumiant (baricitinib) for treating moderately-to-severely active rheumatoid arthritis (“RA”). The once-daily oral JAK inhibitor is approved as monotherapy or in combination with methotrexate for treating adult patients with inadequate response to tumor necrosis factor (“TNF”) inhibitor therapies. The approval in the United States was not much of a surprise considering that an FDA advisory committee had recommended approval of the lower dose of the drug in April. […]

A benign catastrophe environment, is largely responsible for profitability of the property and casualty industry, strongly places the players at present. Other favorable factors like improving rate environment, tax overhaul and economic progression should boost insurers for growth. After last year’s severe damages, the property and casualty insurers are benefiting from a benign cat environment. […]