Wall Street expects a year-over-year increase in earnings on higher revenues when FuelCell Energy (FCEL) reports results for the quarter ended July 2018. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. […]
Raytheon Company RTN recently won a contract for delivering its Forward Looking Infrared (FLIR) to support CH-53 helicopter and V-22 aircraft. Majority of the work related to the deal will be carried out in McKinney, TX and El Segundo, CA. Valued at $59.7 million, the five-year contract was awarded by the U.S […]
Shares of Kansas City Southern KSU scaled a 52-week high of $120.34 during the trading session on Aug 29 before retracing a bit to close at $119.46. The prime reason behind this stock price surge can be attributed to the recent agreement between the United States and Mexico to rework the NAFTA (North American Free Trade Agreement) deal, thus putting speculations to rest, which were rife over the United States pulling out of NAFTA. Particularly, Kansas City Southern was at the receiving end of this uncertainty, since the company derives a major portion of revenues from U.S-Mexico shipments. […]
Genesee & Wyoming Inc. GWR has been performing impressively of late. Evidently, the stock has gained 25.9% in the past six months, outperforming its industry ’s 21.8% rally […]
Genesis Energy, L.P. GEL recently announced that it has agreed to divest its Powder River Basin Midstream properties for around $300 million in net cash proceeds, which will be used to pay down its credit revolver’s outstanding balance. Genesis is selling the assets to a subsidiary of Dallas-based Silver Creek Midstream, LLC, which is exercising its option to buy the properties […]
Campbell Soup Company CPB posted dismal earnings in fourth-quarter fiscal 2018, while sales grew owing to contributions from buyouts. However, on an organic basis, sales remained soft due to weakness in Americas Simple Meals and Beverages unit. […]
TransRe, a wholly owned subsidiary of Alleghany Corporation Y , announced that it has purchased exclusive renewal rights of Maiden Holdings, Ltd.’s MHLD U.S. treaty reinsurance underwriting business. Also, the U.S […]
Shares of Dean Foods Company DF reached a 52-week low of $7.42 before closing the session a tad higher at $7.57 on Aug 29. The company has long been battling against hurdles related to input cost inflation, soft volumes in U.S. fluid milk and increased retailer investments in the private label space, which is weighing on its performance […]
The Western Union Company ’s WU digital segment Western Union Digital recently announced its plan to ramp up digital expansion around the globe. The company intends to grow in more than 200 countries and territories with complete focus on the mobile channel that helps the company generate nearly 70% of its digital transactions. […]
Alaska Air Group, Inc .’s ALK wholly owned subsidiary Alaska Airlines has announced a new daily non-stop service between Seattle-Tacoma International Airport and John Glenn Columbus International Airport in Ohio. Operations on the route are expected to begin Mar 7, next year. […]
Per Wall Street Journal, Yum China Holdings, Inc. YUMC has rejected the buyout offer from a consortium led by a Chinese investment firm — Hillhouse Capital Group. The amount offered was $17.6 billion or $46 a share, which is nearly 24% above the Tuesday’s closing price […]
Canadian Solar Inc. CSIQ recently announced that it has entered into a joint venture with ET Energy for providing Engineering, Procurement and Construction (“EPC”) services to two solar power projects with total capacity of 132 mega-watt peak (MWp) in South Africa. The EPC projects are developed for BioTherm Energy, an independent African power producer […]
Dollar Tree Inc. ( DLTR ) reported lower-than-expected results in second-quarter fiscal 2018. […]
Eni SpA E recently announced the purchase of onshore oil and natural gas resources, spreading across roughly 350,000 acres in Alaska, from Caelus Alaska Exploration Company. The acquired areas cover 124 exploration leases and Eni will have 100% working interest. The company expects the Eastern Exploration Area (EEA), located between two major oil and natural gas fields Prudhoe Bay and Point Thompson, to hold several potential reserves […]
AstraZeneca PLC AZN announced that the European Commission has granted approval to Bydureon BCise (exenatide extended-release) injectable suspension, a new formulation of its GLP-1 receptor agonist Bydureon in an improved once-weekly, single-dose pre-filled BCise device for treating patients with type-II diabetes (T2D). The nod was expected as earlier in June, the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMA) gave a positive opinion, recommending marketing approval for the new device. Bydureon BCise was approved in the United States in October last year […]
Thursday, August 30, 2018 This Thursday morning, ahead of the opening bell, we see new economic data releases to be tracked by investors and economists of all stripes. Both reports will also inform members of the Federal Open Market Committee (FOMC), which decides interest rate policy — and is a virtual lock to raise rates another quarter-percent when the FOMC reconvenes next month. Initial Jobless Claims rose last week, but only from a downwardly revised 210K up to 213K — still within the historically low 200-225K range that had been a mere pipe dream for economists just a year or two ago […]
This Thursday morning, ahead of the opening bell, we see new economic data releases to be tracked by investors and economists of all stripes. Both reports will also inform members of the Federal Open Market Committee (FOMC), which decides interest rate policy — and is a virtual lock to raise rates another quarter-percent when the FOMC reconvenes next month. Initial Jobless Claims rose last week, but only from a downwardly revised 210K up to 213K — still within the historically low 200-225K range that had been a mere pipe dream for economists just a year or two ago. […]
For those looking to find strong Computer and Technology stocks, it is prudent to search for companies in the group that are outperforming their peers. Is AppFolio (APPF) one of those stocks right now? By taking a look at the stock’s year-to-date performance in comparison to its Computer and Technology peers, we might be able to answer that question […]
Investors with an interest in Transportation – Services stocks have likely encountered both Matson (MATX) and Grupo Aeroportuario del Centro Norte (OMAB). But which of these two stocks presents investors with the better value opportunity right now? […]
The Medical group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Regeneron Pharmaceuticals (REGN) been one of those stocks this year? […]
Copyright © 2024 | MH Magazine WordPress Theme by MH Themes