Month: September 2018

Sanofi SNY announced that the European Commission has approved a rare blood disorder drug, Cablivi (caplacizumab) for the treatment of acquired thrombotic thrombocytopenic purpura (aTTP). This is the first drug to receive approval for this indication. This may help the drug to gain leading market share with first-mover advantage in this indication. […]

Guess?, Inc. GES is surely worth giving a shot as this apparel and accessories designer’s shares rallied almost 59% in a year compared with the industry ’s growth of 41%. In fact, this Zacks Rank #2 (Buy) company has gained 6.8% in just five days, attributable to its stellar second-quarter fiscal 2019 results and raised outlook […]

On Aug 31, we issued an updated research report on Pentair plc PNR . The company will gain from its restructuring actions, introduction of new products and market expansion. […]

American Water Works AWK recently announced that its unit Missouri American Water has acquired City of Lawson Water and Wastewater Systems for $4 million. This acquisition will add 968 new water customers and 913 sewer customers to the company’s existing 480,000 state-wide customers in Missouri. Water and wastewater customers in Lawson will receive their first statement from Missouri American Water during the first week of October, and will be charged the existing inside city water and wastewater rates […]

Alibaba Group Holding Limited ’s BABA cloud computing arm, Alibaba Cloud recently partnered with Asia-Pacific Broadcasting Union Sports Network (ABU Sports Network) to offer its cloud computing infrastructure and cloud services for helping ABU Network work more efficiently. The deal provided an innovative cloud-based solution to the ABU Sports Network for transmitting live video, and audio of the Asian Games (held in Indonesia from Aug 18 to Sep 2) to territories such as Fiji, Cambodia and Mongolia. The solution gives ABU Sports unlimited, high-definition recording space on Alibaba Cloud’s platform on demand, helping it operate more efficiently, including supporting other large-scale sports events even in the future. […]

Last week, the Trump administration concluded a preliminary agreement with Mexico, which will replace the North American Free Trade Agreement (NAFTA). In recent weeks, automakers and suppliers were alarmed by the Trump administration’s demands for trade concessions from Mexico. Such concessions could have raised manufacturing costs by billions of dollars, they feared. […]

On Aug 30, Facebook, Inc. FB went global with its video platform Facebook Watch, a year after launching in the United States. The feature is a special section on the social networking platform that focuses on video content […]

TOTAL S.A. TOT has decided to exit from the polystyrene business in China, and thereby sell its two facilities with a production capacity of 200,000 tons per year each, located in Ningbo, Zhejiang Province, and in Foshan, Guangdong Province. […]

Delek US Holdings, Inc. ’s DK share price rally makes the stock an investor favorite. Shares of the company have rallied a whopping 114% over a year, outperforming its industry 's growth of 51.4% and the Zacks S&P 500 Composite's rally of 18.6% […]

PetroChina Company Limited PTR announced first-half 2018 earnings of RMB 27,088 million or RMB 0.148 per diluted share compared with RMB 12,676 million or RMB 0.069 a year ago. This reflects a whopping year-over-year surge of around 114% in the first half of 2018. […]

Amazon.com Inc. AMZN continues to expand its market share in the online grocery space. […]

RH RH , formerly Restoration Hardware, is slated to report second-quarter fiscal 2018 results on Sep 4, after market close. In the last reported quarter, this leading luxury home furnishing retailer’s earnings surpassed the Zacks Consensus Estimate by 31.68%. […]