Month: September 2018

Kinder Morgan Canada Limited, a subsidiary of Kinder Morgan, Inc KMI , announced that the Trans Mountain Pipeline system and the Trans Mountain Expansion Project have been indirectly purchased by the Government of Canada. The transaction was completed through Trans Mountain Corporation, a subsidiary of the Canada Development Investment Corporation. The total purchase consideration was $4.5 billion in cash […]

Taubman Centers ’ TCO near-term performance remains under pressure due to the prevalent unfavorable retail environment. For the ongoing quarter, the Zacks Consensus Estimate for revenues is pegged at $144.9 million — reflecting a 5.44% year-over year decline. Understandably, amid changing shopping habits of consumers and e-commerce boom, retailers are compelled to rationalize their physical footprint […]

Shares of Ingevity Corporation NGVT have rallied 58% in the past year, significantly outperforming the industry ’s rise of roughly 4.9%. The company has a market cap of roughly $4.2 billion. Average volume of shares traded in the past three months was around 231.6K. […]

With a market capitalization of approximately $39.5 billion, Baxter International Inc. BAX is expected to benefit from positive tidings on regulatory front, expanding product portfolio, strategic collaborations and strong presence in the international markets. However, foreign currency headwinds, generic competition for Cyclophosphamide and lackluster sales growth projections in a few sub-segments are key concerns […]

Amid the retail apocalypse, mall landlords are making concerted efforts to boost their asset productivity by trying to grab attention from new and productive tenants, and disposing the non-productive ones. The companies are avoiding heavy dependence on apparel and accessories, and rather expanding their dining options, opening movie theaters, offering recreational facilities and opening fitness centers. Particularly, Macerich Company MAC recently announced a national partnership with premium workplace operator Industrious. […]

Valvoline Inc. VVV recently opened the 10th Valvoline Instant Oil Change (VIOC) quick-lube service center in Greater Pittsburgh area. The move further expands the company’s existing network of more than 1,150 franchised and owned VIOC stores. […]

On Sep 3, we issued an updated research report on The Andersons, Inc. ANDE . […]

U.S. markets ended August on a strong note with most indexes hovering around record levels. Additionally, major benchmarks provided positive returns over the last four months, barring a small fluctuation by the Dow in June. […]

Investors must take a look at Herbalife Nutrition Ltd. HLF , as this nutrition solutions provider has seen its shares surge 64.1% in a year against the industry ’s decline of 8%. […]

H&R Block, Inc. HRB is expected to benefit from growth in the tax industry, increased investments and strong cash generation capacity. […]

Strong consumption trends, especially in the healthcare segment, have been driving Prestige Brands Holdings Inc. PBH lately. This, in fact, propelled management to commence initiatives for transforming its business to focus solely on healthcare […]