Month: July 2018

Netflix NFLX is reportedly trying out a new ultra premium pricing plan in Europe. Per a blog cited by CNET from Tutto Android, the plan allows users to simultaneously stream Ultra HD video and audio across four devices. The plan is likely to cost €16.99 (almost $19.80) in Italy […]

On Jul 4, we issued an updated research report on Apogee Enterprises, Inc. APOG . The company is poised to gain from strong order activity, positive outlook for commercial construction markets and lower tax rates […]

Amazon AMZN is leaving no stone unturned to bolster its presence in the retail sector. Reportedly, the company is going good old-school with its plan of publishing toy catalogs for holiday season. Notably, these catalogs will give a clear idea to the people regarding the options of toys and games available on its e-commerce platform. […]

First Data Corporation FDC stock has rallied 23.4% in the past six months against the industry ’s loss of 0.1%. We believe prudent business moves in the form of strategic acquisitions, partnerships and agreements led to this impressive price performance. Diversified product portfolio is another major positive […]

California Water Service Group CWT announced that its subsidiary California Water Service (Cal Water) has filed an application with the California Public Utilities Commission, seeking permission for investing $828.5 million within the 2019-2020 time frame. The investment will be utilized to strengthen the existing water infrastructure by replacing and upgrading the old transmission and distribution pipelines. […]

AZZ Incorporated AZZ posted earnings per share of 60 cents in first-quarter fiscal 2019 (ended May 31, 2018), which beat the Zacks Consensus Estimate of 47 cents by 27.66% and improved 17.6% year over year. Total Revenues In the quarter under review, the company delivered revenues of $262.2 million, which surpassed the Zacks Consensus Estimate of $219 million by 19.7%. […]

Earnings estimates for CMS Energy Corporation CMS have been revised upward in the past 30 days. The Zacks Consensus Estimate for 2019 has inched up 0.4% to $2.51. […]

That The Progressive Corporation PGR stock is favored by investors is well corroborated by its agreeable share price movement. Shares of the company have rallied 36.3% in a year, outperforming its industry 's increase of only 7.7% and the S&P 500 index’s gain of 15.5%. With a market capitalization of $34.6 billion, average volume of shares traded in the last three months was 3.2 million […]

Shares of RedHill Biopharma Ltd RDHL have risen almost 12% after it announced allowance of two new patents for its key late-stage pipeline candidate, RHB-104. In fact, so far this year, RedHill Biopharma stock has soared 85.3%, significantly outperforming the industry’s increase of 3%. RedHill Biopharma announced that the U.S […]

Clean Harbors, Inc. CLH stock has rallied 14.7% in the past three months, outperforming the industry ’s gain of 1.7%. We believe that the positive impact of acquisitions, efficiency improvement initiatives and shareholder-friendly moves has improved its price performance […]

It seems that Insulet Corporation PODD is pulling out all the stops to strengthen its international operations. Following its news of commencing direct commercial operations in Europe, the company once again hit headlines with another major development via its Omnipod Insulin Management Systemin Canada. […]

PayPal Holdings, Inc. PYPL recently announced the completion of its consumer credit receivables transaction with Synchrony Financial SYF . Pursuant to this, Synchrony acquired $7.6 billion in receivables, comprising PayPal’s U.S […]

Micron Technology MU has been temporarily banned in China from selling 26 semiconductor products, which include dynamic random access memory (DRAM) and NAND flash memory-chips, per the company’s Taiwan-based rival United Microelectronics Corporation (UMC). Reportedly, China’s The Fuzhou Intermediate People's Court has given its judgement against Micron, which was charged of patent infringement by UMC in January. […]

Per Reuters, Volkswagen AG VLKAY has planned to introduce car-sharing services with all-electric cars in 2019. The company will initially launch the service in Germany, later expanding to other major cities of Europe, Asia and North America by early 2020. This introduction of mobility service is Volkswagen’s attempt to provide an alternative option to customers, who don’t prefer owning a car […]

On Jul 5, we issued an updated research report on Activision Blizzard ATVI . The company, one of the leading developers and publishers of console and online games, has been continuously drawing strength from its well-known franchises and engaging content releases. The content addition makes it more attractive to players, increases its engagement levels and thereby leads to higher in-game purchases. […]

Brookfield Infrastructure Partners L.P. BIP along with its institutional partners recently announced that the partnership has signed a definitive agreement for 100% acquisition stake in the Western Canadian natural gas gathering and processing business (also known as Canadian Midstream Business) of Enbridge, Inc. […]

The week saw the release of the auto sales report for the month of June. U.S. […]

On Jul 4, we issued an updated research report on Sarepta Therapeutics, Inc. SRPT . This biopharmaceutical company, based in Cambridge, MA, is focused on the development of RNA-based therapeutics targeting rare and infectious diseases. […]

Given its focus on fortifying business through several planned initiatives such as launching investment strategies and vehicles, enhancing client engagement capabilities in each distribution channel, strengthening distribution channels in the United States., EMEA, and Asia Pacific and improving its technology platform, T. Rowe Price Group, Inc. TROW appears to be a solid bet. […]