Shares of United Continental Holdings, Inc. UAL have gained 4.2% since the company reported better-than-expected first-quarter 2018 results on Apr 17. Also, management’s trimmed capacity growth outlook for 2018 has dismissed fears pertaining to capacity overexpansion. […]
AbbVie, Inc. ABBV shares have outperformed the large-cap pharma industry in the past three months. The stock has returned 1.5% in that timeframe against the industry ’s decline of 1.1% […]
The retail landscape has been undergoing a fundamental change with technology playing a major role. Retailers are fast adopting the omni-channel mantra to provide a seamless shopping experience, whether online or in-stores. Notably, the Retail-Wholesale sector, which is at the top 44% position in the list of Zacks sectors (7 out of 16), has advanced roughly 6% in the past three months outpacing the S&P 500’s growth of around 2%. […]
Franklin Street Properties Corp. FSP recently leased around 82,000 square feet of space at its One Overton Park property situated at 3625 Cumberland Boulevard in Atlanta, GA. […]
Welcome back from your Independence Day holiday — we sincerely hope you’ve kept all your digits intact for another year. This morning, we jump right back into new jobs data: specifically the ADP ADP private sector payroll report and Initial Jobless Claims. Situated prior to Friday’s government jobs survey, the Bureau of Labor Statistics’ (BLS) non-farm payroll report and Unemployment Rate, today’s ADP numbers keep the narrative of a robust U.S. […]
Canaccord Genuity Acquisition Corp. Announces Spark Power Acquisitions to Expand Power Services and Sustainable Power Solutions Offerings Canada NewsWire TORONTO, July 5, 2018 Spark Power Acquires Orbis Engineering Field Services TORONTO , July 5, 2018 /CNW/ – Canaccord Genuity Acquisition Corp. […]
Sumitomo Corporation Acquires Tight Oil Producing Asset in Eagle Ford PR Newswire NEW YORK, July 5, 2018 NEW YORK , July 5, 2018 /PRNewswire/ — Sumitomo Corporation is pleased to announce that its subsidiary company, Summit Discovery Resources II LLC (“SDRII”) has reached an agreement with IOG Gonzales 1835 LLC, an entity managed by IOG Capital, LP, Covington Equity Investments LLC and 1836 Resources, LLC to acquire certain producing Eagle Ford properties in South Texas (the “Asset”). As a result of the transaction, SDRII has become the 100% working interest owner and operator of the Asset. The Asset is set across 624 acres in Karnes County, Texas , known by many as the core of the Eagle Ford shale play, where there is an abundance of production history […]
Thursday, July 5, 2018 Welcome back from your Independence Day holiday — we sincerely hope you’ve kept all your digits intact for another year. This morning, we jump right back into new jobs data: specifically the ADP ADP private sector payroll report and Initial Jobless Claims. […]
Growth stocks can be some of the most exciting picks in the market, as these high-flyers can captivate investors’ attention, and produce big gains as well. However, these can also lead on the downside when the growth story is over, so it is important to find companies which are still seeing strong growth prospects in their businesses. […]
One stock that might be an intriguing choice for investors right now is Automatic Data Processing, Inc. ADP . This is because this security in the Outsourcing space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective […]
International Speedway (ISCA) just came out with quarterly earnings of $0.37 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.30 per share a year ago. These figures are adjusted for non-recurring items. […]
Evergreen Pacific Insurance Corporation to Acquire Majority Interest in Synergy Health Services Canada NewsWire TORONTO, July 5, 2018 TORONTO , July 5, 2018 /CNW/ – Evergreen Pacific Insurance Corporation (“EPIC”), announces it has signed a binding agreement to acquire a majority interest in Synergy Health Services (“Synergy”), subject to completion of customary due diligence. Synergy Health Services Inc. est […]
CEDA Acquires Breakthrough Oilfield Services Ltd. Canada NewsWire CALGARY, July 5, 2018 CALGARY , July 5, 2018 /CNW/ – As CEDA looks to further expand its geographic presence and service offerings in key resource plays within the Western Canada Sedimentary Basin, we are excited to announce the acquisition of Breakthrough Oilfield Services Ltd. […]
Pitney Bowes Inc. PBI will redeem all of its outstanding 6.25% senior notes due 2019 on Aug 2, 2018. Per the company, the 2019 notes will be redeemed at a price that is 100% of the principal amount of the notes to be redeemed plus accrued interest. […]
PepsiCo, Inc. PEP is set to report second-quarter 2018 results on Jul 10, before market open. In the last reported quarter, the company delivered a positive earnings surprise of 4.4% […]
It has been a volatile year for the Retail-Food & Restaurants industry so far. Year to date, the industry has declined 4% against the S&P 500’s 1.7% gain. Under such circumstances, Cracker Barrel Old Country Store, Inc […]
Brinker International, Inc. EAT is currently one of the best-performing stocks in the U.S. restaurant space […]
Intel INTC has been on the lookout for a new CEO following Brian Krzanich’s resignation last month over violation of the company’s anti-fraternization policy. Things took an interesting turn with Diane Bryant, an ex-Intel employee, resigning from the position of Chief Operating Officer (COO) at Alphabet’s GOOGL Google Cloud after joining the search giant less than a year ago. […]
Driven by strength in fundamentals and good growth prospects, Community Trust Bancorp, Inc. CTBI looks like a solid investment option right now. Further, the company has been witnessing upward earnings estimate revisions off late, reflecting that analysts are optimistic about its earnings growth potential. […]
American Eagle Outfitters Inc. AEO stock has been consistent with its performance, courtesy of its robust sales trend, solid comparable store sales (comps) growth, focus on omni-channel and healthy balance sheet. This led to an upsurge in the stock price, which also hovers close to its 52-week high […]
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