Stock Analysts

Costco’s (COST) Q3 Earnings & Sales Beat Estimates, Up Y/Y

After reporting a negative earnings surprise in the second quarter of fiscal 2018, Costco Wholesale Corporation COST made a sharp come back delivering an earnings beat in the third quarter. Total revenue of this operator of membership warehouses also came ahead of analysts’ expectations for the fifth successive quarter. […]

Stock Analysts

Citigroup (C) & Others Face With Criminal Cartel Charges

According to Australia’s securities regulator and competition watchdog, Citigroup C , along with Deutsche Bank AG DB and Australia & New Zealand Banking Group Ltd., will be sued with criminal charges for alleged “cartel” conduct over the sale of ANZ Bank’s shares worth $1.9 billion in Australia in 2015. In August 2015, Citigroup, Deutsche Bank and JPMorgan Chase & Co. JPM were the underwriters for the institutional placement of nearly 80.8 million shares of ANZ Bank, which was conducted to raise capital for meeting regulatory requirements […]

Stock Analysts

Housing Industry Continues to Plummet: 3 Value Picks

Keeping this popular adage — slow and steady wins the race — in mind, we bring to you three homebuilding stocks that are currently trading at a discount and have ample room to run. Though myriad problems have been decelerating the homebuilding industry of late, as is evident from the 17.5% year-to-date decline against a 1.7% rise of the S&P 500 index, the larger picture is convincingly strong. […]

Stock Analysts

Sabre’s (SABR) Next Cloud Migration to be Aided by Microsoft

Sabre Corporation SABR recently announced that it has entered into a long-term agreement with Microsoft MSFT , as a part of its strategy to move its services to the cloud. Per the agreement, Microsoft will aid Sabre in migrating its commercial application’s to the tech gaint’s cloud platform — Microsoft Azure. […]

Stock Analysts

5 Dividend Growth Stocks to Escape Market Turmoil

Dividend investing is once again in vogue thanks to growing political and geopolitical tensions as well as renewed concerns of trade war. In fact, investors are chasing both growth and income in their portfolio. This can be achieved by zeroing in on companies that not only offer dividends but have also have consistently increasing their payout. […]

Mergers & Acquisitions

ERIKS North America Companies Announce Rebranding

ERIKS North America Companies Announce Rebranding PR Newswire PITTSBURGH, June 1, 2018 PITTSBURGH , June 1, 2018 /PRNewswire/ — ERIKS North America-owned companies Lewis-Goetz, EVCO House of Hose, and Valley Rubber & Gasket, announced that they are rebranding as ERIKS, effective June 1, 2018 . Ben Mondics , President and CEO of ERIKS North America, said the three companies are rebranding as part of a strategic initiative to better serve existing and potential customers in an array of industries. “Independently, Lewis-Goetz, EVCO House of Hose, and Valley Rubber & Gasket have been trusted as reliable sources for certain products, with rich histories in different areas of the country, totaling 59 locations,” Mondics said. […]

Technicals

Why Photronics (PLAB) Stock Might be a Great Pick

One stock that might be an intriguing choice for investors right now is Photronics, Inc. PLAB . This is because this security in the Semiconductor Equipment – Photomasks space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective […]

Technicals

Why You Shouldn’t Bet Against Triton International (TRTN) Stock

One stock that might be an intriguing choice for investors right now is Triton International Limited TRTN . This is because this security in the Transportation – Equipment and Leasing space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective. This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. […]

Mergers & Acquisitions

American Traditions Insurance Company Announces Merger With Affiliate Modern USA Insurance Company

American Traditions Insurance Company Announces Merger With Affiliate Modern USA Insurance Company PR Newswire PINELLAS PARK, Fla., June 1, 2018 PINELLAS PARK, Fla. , June 1, 2018 /PRNewswire/ — American Traditions Insurance Company (“ATIC”) announced today that it has merged with its affiliate Modern USA Insurance Company. The two companies were launched under similar ownership shortly after the 2005 hurricane season in an effort to provide additional homeowners and manufactured home insurance options to the Florida marketplace. […]