It was an eventful week for the gaming industry, as Macau's gaming revenues rose for the 25th consecutive month in August. Moreover, revenues also surpassed the analyst’s expectations. […]
Value investing is easily one of the most popular ways to find great stocks in any market environment. After all, who wouldn’t want to find stocks that are either flying under the radar and are compelling buys, or offer up tantalizing discounts when compared to fair value? […]
Quality Systems, Inc. QSII , also known as NextGen Healthcare, recently announced that its electronic health record (EHR) ambulatory product NextGen Office has been integrated with CoverMyMeds. […]
Residential real estate investment trust (REIT) UMH Properties, Inc. UMH recently closed the acquisition of an Indiana community for a total price of $3,500,000. The buyout is a strategic fit for the company as it enables UMH Properties to strengthen its position in the Indiana market […]
Value investing is easily one of the most popular ways to find great stocks in any market environment. After all, who wouldn’t want to find stocks that are either flying under the radar and are compelling buys, or offer up tantalizing discounts when compared to fair value? […]
AstraZeneca AZN and its global biologics research and development arm, MedImmune announced disappointing top-line results from the TULIP 1 phase III study for anifrolumab in adult patients with moderate-to-severe systemic lupus erythematosus (SLE). The phase III study did not meet the primary endpoint of a statistically-significant reduction in disease activity in patients with SLE, as measured by the SLE Responder Index 4 (SRI4) at 12 months. […]
Qualcomm Technologies International, Ltd, a subsidiary of QUALCOMM Incorporated QCOM , recently introduced Qualcomm aptX Adaptive. Notably, the next-generation audio codec, aptX Adaptive is designed to automatically adjust to the type of content consumed by consumers. This, in turn, helps in improving the audio quality apart from reducing latency in audio-visual content including videos and games. […]
In a bid to counter the threat posed by rising oil prices, United Continental Holdings, Inc. UAL has hiked checked baggage fees. The carrier now charges $30 and $40 for checking the first and second bags, respectively. […]
Eni SpA E discovers gas in the Egyptian Western Desert. The well has been drilled on the Faramid South exploration prospect. The prospect is located in East Obayed concession, 30 kilometers North-West of the Melehia Concession. […]
The Coca-Cola Company’s KO announcement on Aug 31 to acquire Costa Limited from its parent Whitbread PLC for $5.1 billion is aimed at tapping the massive coffee market with Costa’s network and expertise. The deal gives Coca-Cola access to a strong coffee platform across Europe, Middle East, Asia Pacific and Africa through Costa’s direct retail outlets. It will also help Coca-Cola to capitalize on Costa’s knowledge of hot beverages in a fast-growing category, which is hugely popular among customers […]
Southwest Airlines Co . LUV recently announced several new domestic and international services for 2019, to meet the surge in demand during spring. Domestic Flights The carrier plans to initiate a non-stop seasonal service between Cleveland and Tampa as well as between Cincinnati and Orlando. […]
AECOM ’s ACM unit, Aecom Technical Services Inc. recently received a $24-million contract from the U.S. Department of Defense […]
The United States intends to release 11 million barrels of oil from its Strategic Petroleum Reserve of 660 million barrels, following a regular draw-down schedule devised to generate funds for government programs. The sour crude is expected to reach the market in October and November, after being sold as a fund generator for a drug program. […]
CenturyLink, Inc. CTL recently announced that it has been designated as an Amazon Web Services (AWS) Managed Service Provider (MSP) Partner. AWS is a subsidiary of Amazon.com, Inc […]
The Aerospace-Defense industry witnessed a generous flow of funds from the Pentagon over the trailing five trading sessions. This should have led major indices to end in the green. However, investors did not seem much encouraged as evident from the dip in major market indices last week. […]
Palo Alto Networks Inc. PANW is slated to release fourth-quarter fiscal 2018 results on Sep 6. Notably, the company surpassed the Zacks Consensus Estimate in each of the trailing four quarters with an average positive surprise of 9.3%. […]
The Coca-Cola Company KO is not far behind in the race of beverage companies, spending huge sums on deals to battle the adversities that the soda industry in dealing with. After witnessing PepsiCo’s PEP $3.2-billion deal to acquire the leading carbonated drink machine manufacturer SodaStream SODA in late August, Coca-Cola plans to expand in the global coffee platform by acquiring the international coffee brand Costa for $5.1 billion. The Deal Coca-Cola has entered an agreement with Whitbread PLC, the parent of the London-based coffee chain — Costa, for £3.9 billion (nearly $5.1 billion). […]
Conagra Brands, Inc. CAG has been quite treat for investors, credits to strategic investments as well as sustained growth in frozen and snacks businesses. […]
Marriott Vacations Worldwide VAC announced the completion of its merger with ILG, Inc., a renowned provider of vacation experiences. Marriott Vacations closed the deal on paying roughly $4.6 billion. On the completion of the acquisition, Marriott Vacation’s board of directors included two members from ILG’s board […]
NRG Energy, Inc. NRG has completed its previously announced sale of interest in NRG Yield, Inc NYLD and its Renewables platform to Global Infrastructure Partners (GIP) for $1.348 billion. […]
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