Month: July 2018

Lennar Corporation ’s LEN shares have been rallying since the second-quarter fiscal 2018 release on Jun 26, 2018. In fact, the nation’s largest homebuilder has outperformed the homebuilding industry so far this year. […]

Zillow Group ZG recently announced the pricing of its concurrent underwritten public offerings of approximately 5.702 million shares of Class C capital stock at $57 per share. The company also priced its $325 million in aggregate principal amount of its convertible senior notes due in 2023. […]

Shares of Chipotle Mexican Grill, Inc. CMG are riding high on improvement in comps and restaurant openings, various sales-building and strategic initiatives as well as steps to enhance safety and customer experience. These efforts have aided the company’s shares to surge by 39.6% in the past six months, against the industry ’s decline of 5.3%. […]

Gilead Sciences, Inc . GILD announced that European Medicines Agency’s (EMA) Committee for Medicinal Products for Human Use ("CHMP") has issued a positive opinion on the company’s Marketing Authorization Application ("MAA") for CAR T therapy, axicabtagene ciloleucel, as a treatment for adult patients with relapsed or refractory diffuse large B-cell lymphoma ("DLBCL") and primary mediastinal large B-cell lymphoma ("PMBCL"), after two or more lines of systemic therapy. […]

Steel Dynamics, Inc. STLD has completed the previously announced acquisition of Heartland Steel Processing, LLC, formerly known as Companhia Siderurgica Nacional, LLC (Heartland), from CSN Steel, S.L.U., for $400 million in cash (including $60 million of normalized working capital), subject to customary transaction purchase price adjustments. The deal was funded with available cash with an expectation of near-term cash flow and earnings per share accretion. […]

U.S. stocks, after peaking in the first month of the year, were caught in a web of uncertainty and volatility throughout the first half. Inflationary pressures and the resultant anticipation of an aggressive increase in interest rates led to a sharp selloff in February that was followed by a tech turmoil in March. […]

Newell Brands Inc. NWL is smoothly progressing with its Accelerated Transformation Plan, focused on creating a simpler, faster and stronger consumer-focused portfolio of leading brands. In sync with the plan, the company completed the previously announced the sale of The Waddington Group and Rawlings Sporting Goods Company, Inc., for gross proceeds of $2.7 billion […]

If stellar job growth in recent months indicates more household formations and raises expectations for a robust revival of the apartment market fundamentals, then we should, perhaps, think twice. This is because per the latest report from the real estate technology and analytics firm RealPage, Inc. RP , with several markets experiencing flat rents, U.S. […]

Brandywine Realty Trust BDN recently earned the final approval from the Austin City Council for the rezoning and extensive redevelopment of the Broadmoor Campus in North Austin. Brandywine bought the community in 2015 and now plans to revamp the property with a “mixed-use, transit-oriented and highly-amenitized urban environment.” Notably, the campus occupying one million square feet of space on 66 acres is conveniently located in the population center of the greater Austin area, east of The Domain. […]

Shares of Duke Realty Corporation DRE , a pure-play industrial property real estate investment trust (REIT), have been performing well, of late. In the past three months, the stock has rallied 12.2%, while the industry recorded growth of 9.5%. In first-quarter 2018, the company posted encouraging results with respect to funds from operations (FFO) per share. […]

The U.S. Medical Products industry has been seeing steady growth of late on an ever-increasing grey population, long life expectancy and increased demand for technologically-superior medical devices. The industry has also gained from the recent deferral of the 2.3% Medical Device tax. […]

Oil prices have been on the rise this year, shooting up more than 20% so far. Apart from the geopolitical tensions in the Middle East, the economic crisis in Venezuela — a major oil exporter — and OPEC’s recent plans of a lower-than-expected output raise have backed the rally in oil prices. Since fuel expenses are significant for airlines, an increase in oil prices is unfavorable for the space. […]

Profitability analysis is one of the best tools to evaluate the future movement of a stock. Using profitability analysis, we can evaluate the total expenses borne and the total revenue generated by a company. High sales surplus is definitely good news for a company as it raises chance of it making more profits after meeting its costs and expenses […]

In a notable development, Tesla, Inc. TSLA has nearly reached the goal of producing 5,000 Model 3 sedans in the last week of second-quarter 2018. In an email, CEO Elon Musk praised the employees for producing 5,000 Model 3s, thereby, reaching the long-delayed target […]