Month: September 2018

Affordable courses, online programs and strategic initiatives are driving the performance of American Public Education, Inc. APEI . However, volatility and softness in enrollment by students using FSA and TA, along with stringent regulation pose concern for this Zacks Rank #3 (Hold) company. […]

Increasing use of technology in healthcare and payments industries have rasied the appeal for wearables. Growing health awareness, intertwined with technology and the curiosity to monitor health at each step, has fueled demand for wearables, yet another kind of health monitoring device. Similarly, the ease, flexibility and security of payments provided by wearables make them a popularly mode of payment. […]

Garmin Ltd. GRMN has been making significant investments in the Aviation business, which helped it to develop a solid product line. Apart from continuously expanding product line in the business, the company recently acquired Flight Plan LLC (FltPlan), a provider of leading electronic flight planning, scheduling, and trip support services […]

NXP Semiconductors N.V. NXPI recently acquired high-speed automotive Ethernet subsystem technology provider, OmniPHY, for an undisclosed amount. This deal marks a major step for NXP in its efforts toward autonomous driving, as the industry witnesses a revolution in automotive networking. […]

The U.S. equity markets snapped its recent winning streak as President Trump decided to impose tariffs on $200 billion worth of imported goods from China. […]

CNX Resources Corporation CNX has completed the sale of its 50% interest in Ohio Utica joint venture (JV) assets to Ascent Resources-Utica, LLC for $400 million. This purchase price is subject to customary adjustments. The company formed this JV with Hess Corporation (HES), with the deal announced in June 2018 […]

On Sep 3, we issued an updated research report on San Francisco, CA-based, Salesforce.com CRM . The company is on a growth trajectory, gathering momentum from its positive earnings surprise history. Notably, the company beat the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average positive surprise of 30.9% […]

For the longest time, Permian Basin has been the golden shale area of the United States. Crude output from the Permian has been on fire with the United States becoming the world’s numero uno oil producing country in 2017. While production in the Permian is soaring, its takeaway capacity in the region is not increasing to that proportion. […]

Apple AAPL recently announced the first accident of its autonomous test vehicle that took place on Aug 24, in Santa Clara, Cupertino near Apple’s headquarters. A Lexus RX450h, which was being used as a test vehicle was moving at 1 mile per hour (mph) when it collided with a 2016 Nissan Leaf, which was moving at 15 mph. […]

Facebook ’s FB definition of “terrorism” is creating a humanitarian crisis. According to a United Nations (UN) Human Rights expert, as quoted by The Independent, the social network giant treats all non-state groups that use violence, irrespective of their goals, as “terrorists.” Per Fionnuala Ní Aoláin, the UN Human Rights Council independent expert, “Facebook's policy did not take account of rebel armed groups that comply with international humanitarian law.” Moreover, in a letter to Facebook CEO Mark Zuckerberg, the Human Rights expert blamed the company’s wider definition in helping a number of countries crack down on groups that have shown dissent against the state, irrespective of being violent or peaceful. She has also urged the company to “ensure there is a way to challenge wrong decisions.” Facebook “Too Slow to Act” Hurts Credibility Of late, Facebook has been too slow to act on a number of incidents , be it the Cambridge Analytica scandal or the Rohingya issue in Myanmar. […]

Strong e-commerce growth, as well as focus on innovation, marketing and digitalization have been driving Williams-Sonoma, Inc .’s WSM performance over the past few quarters. This multi-channel specialty retailer’s shares have gained 35.9% year to date compared with the industry ’s 5.6% growth. […]

As we enter September, the U.S. equity benchmarks are either at or near all-time highs. […]

Facebook FB recently rolled out its video streaming service, Watch, globally, a year after launching the same in the United States. Facebook Watch is a special section on the social media giant’s platform that focuses on video content like entertainment, news and sports among others. […]

Vertex Pharmaceuticals Inc. VRTX announced that an agreement has been finalized with the Australian Government, which will allow reimbursement on cystic fibrosis (“CF”) drug, Orkambi (lumacaftor + ivacaftor) in the country. This follows the positive recommendation from Pharmaceutical Benefits Advisory Committee (“PBAC”) last month. […]