Month: August 2018

Eclipse Resources Corporation ECR looks compelling at the moment. We are upbeat about the company’s prospects and believe that it is a promising pick at the moment. […]

A prudent investment decision involves buying stocks that have solid prospects and selling those that carry risks. At times, it is rational to hold certain stocks that have enough potential but are weighed down by tough market conditions. Here we discuss about First Data Corporation FDC , a stock with an expected long-term earnings per share growth rate of 10.7% […]

Shares of Affimed Inc. AFMD were up a massive 246.8% post announcement of a cancer collaboration agreement with Roche Holding’s RHHBY subsidiary, Genentech, on Monday Aug 27. […]

A prudent investment decision involves buying stocks that have solid prospects and selling those that carry risks. At times, it is rational to hold certain stocks that have enough potential but are weighed down by tough market conditions. […]

Hyatt Hotels Corporation H , which banks on strong brand presence and continual expansion, has announced the opening of Grand Hyatt Bogota, a 372-roomed luxury hotel in Colombia. The property marks Hyatt’s first hotel in the Colombian capital and also the first in the state. The property is in close proximity to the El Dorado International Airport and Bolívar Square. […]

Oil has rebounded from multi-year lows and the energy sector is shining bright after recording impressive year-over-year earnings growth of 123.1% in the second quarter of 2018, driven by 22.7% higher revenues. Recovering commodity price and successful cost-cut strategies adopted during the slump period are aiding supermajors like Royal Dutch Shell plc RDS.A in delivering stellar results. Shell currently carries a Zacks Rank #3 (Hold). […]

News Corporation ’s NWSA fully-owned subsidiary Move, Inc. (operator of realton.com) has inked a deal to acquire real-estate technology platform Opcity for $210 million in a bid to grow its presence in the digital real-estate market. […]

The past six months have been rewarding for Chipotle Mexican Grill, Inc. CMG . The stock has gained 55.9% compared with the industry ’s 5.3% growth. […]

Bausch Health Companies Inc.’s BHC dermatology division, Ortho Dermatologics announced that the FDA has accepted the New Drug Application (NDA) for Duobrii lotion for the topical treatment of plaque psoriasis. The FDA accepted the application as a Class 2 resubmission with a PDUFA action date of Feb 15, 2019. We note that the NDA was resubmitted to the FDA as the agency had earlier issued a complete response letter (CRL) to the NDA for Duobrii for the treatment of moderate-to-severe plaque psoriasis in adults. […]

Tech Data Corporation TECD reported lower-than-expected adjusted earnings of $2.01 per share in the second quarter of fiscal 2019 owing to product mix. Although the figure increased 16% on a year-over-year basis, it missed the Zacks Consensus Estimate of $2.14 per share. Revenues of $8,886.1 million increased 10% year over year and surpassed the consensus mark of $8, 728.3 million, driven by robust demand for Endpoint Solutions. […]

Earnings estimates for FirstEnergy Corporation FE have been revised upward in the past 60 days, reflecting analyst’s optimism in the stock. The Zacks Consensus Estimate for 2018 and 2019 earnings have moved up 2.5% and 2.4% to $2.46 and $2.51, respectively. […]