On Aug 28, we issued an updated research report on Avery Dennison Corporation AVY . The company is poised to gain from lower tax rates and pricing actions. Its focus on cost cutting, restructuring in the Label and Graphic Materials (LGM) segment, investments and acquisitions will also drive growth. […]
ADTRAN, Inc. ADTN recently announced that select utility service providers like Sequachee Valley Electric Cooperative, Meriwether Lewis Electric Cooperative, North Alabama Electric Cooperative and Tombigbee Electric Cooperative have selected its access solutions to deliver Gigabit broadband to their communities. […]
Shares of Ciena Corporation CIEN scaled a new 52-week high of $28.17 in yesterday’s trading session, before closing a tad lower at $27.38 for a healthy one-year return of 15.3%. Growth Drivers By expanding beyond its core optical networking expertise, Ciena has successfully extended its customer base and thereby, grown its addressable market. The company’s focus on helping carriers transition to next generation networks places it in one of the fastest growing segments of the telecommunications market. […]
The Hain Celestial Group, Inc. HAIN reported fourth-quarter fiscal 2018 results, wherein sales marked its third consecutive miss. Also, the bottom line fell year over year, which can be accountable to elevated promotions and freight costs that hurt the company’s gross margin […]
On Aug 28, President Donald Trump took to Twitter, slamming Alphabet, Inc.’s GOOGL Google that Google News prioritized negative coverage and rigging search results against conservatives. Moreover, he also warned other social media platforms like Facebook, Inc. FB and Twitter, Inc […]
Equinor ASA EQNR along with partners is planning to supply power from floating offshore wind projects to the Gullfaks and Snorre fields. Per an analysis by Equinor, the Snorre and Gulfaks fields in the Tampen area in the northern North sea are best suited for this initiative. The study was made to ascertain which oil and gas installations on the NCS are appropriate for power supply from a floating offshore wind farm […]
Americans haven’t been this confident about the economy in 18 years. Consumers’ assessment of current conditions improved and expectations about the future strengthened, indicating a record low jobless rate, healthy income and sturdy economic growth. […]
We have issued an updated research report on Westinghouse Air Brake Technologies Corporation WAB on Aug 28. Despite high-operating expenses, shares of the company have fared well in the past six months. The stock has rallied 35.3% compared with the industry ’s rise of 16.8% […]
Westport Fuel Systems Inc. WPRT has entered a definitive agreement with China’s Weichai Westport Inc. (“WWI”). […]
Seven Stars Cloud (to be renamed Ideanomics) and DBOT Announce FINRA Approval – SSC becomes largest shareholder in DBOT – SSC assumes seat on DBOT’s Board of Directors – Together SSC and DBOT look to grow DBOT’s business activities PR Newswire NEW YORK, Aug. 29, 2018 NEW YORK , Aug. […]
Globalance Dividend Growers Corp. Completes Merger into MBN Corporation Canada NewsWire CALGARY, August 29, 2018 CALGARY , August 29, 2018 /CNW/ – Middlefield Group is pleased to announce the successful completion, effective today, of the previously announced merger of Globalance Dividend Growers Corp. (“Globalance”) (TSX:GBF) and MBN Corporation (“MBN”) (TSX:MBN) (collectively, the “Funds”), with MBN being the continuing fund […]
Lattice Semiconductor Corporation LSCC has been struggling lately, but the selling pressure may be coming to an end soon. That is because LSCC recently saw a Hammer Chart Pattern which can signal that the stock is nearing a bottom. What is a Hammer Chart Pattern? […]
Dycom Industries (DY) came out with quarterly earnings of $1.05 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $1.47 per share a year ago. […]
Evine Live (EVLV) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of a loss of $0.02. This compares to loss of $0.03 per share a year ago. These figures are adjusted for non-recurring items […]
Teekay Offshore Partners L.P. TOO could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for TOO broke out below the 200 Day Simple Moving Average, suggesting short-term bearishness. […]
Northwest Pipe Company NWPX could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for NWPX broke out below the 200 Day Simple Moving Average, suggesting short-term bearishness. […]
Big 5 Sporting Goods Corporation BGFV could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for BGFV broke out below the 200 Day Simple Moving Average, suggesting short-term bearishness. This has already started to take place, as the stock has moved lower by 12.3% in the past four weeks […]
Rio Tinto plc RIO could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for RIO broke out below the 200 Day Simple Moving Average, suggesting short-term bearishness. […]
National Bank of Canada (NTIOF) came out with quarterly earnings of $1.17 per share, beating the Zacks Consensus Estimate of $1.15 per share. This compares to earnings of $1.05 per share a year ago. These figures are adjusted for non-recurring items. […]
Express (EXPR) came out with quarterly earnings of $0.03 per share, beating the Zacks Consensus Estimate of a loss of $0.01 per share. This compares to earnings of $0.01 per share a year ago. […]
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