Month: September 2018

In an effort to enter Britain’s cash savings account market, The Goldman Sachs Group, Inc. GS recently launched its online retail bank, Marcus. Marcus will offer savings accounts to customers, paying them 1.5% interest rate in the U.K […]

The U.S. government’s policy changes have been in the news for quite some time now. While the market has wholeheartedly welcomed tax policy changes implemented in December last year, those relating to imposition of tariffs on imported items have triggered trade disputes with other nations […]

‘ A woman’s health is her capital ’ – Harriet Beecher Stowe, American author. Over the last few years, the ongoing debate about the effect of women’s health improvements on economic development is finally being taken as a matter of utmost relevance. […]

The Dow suffered a tough week, weighed down by trade tensions and the Fed’s third rate hike for the year. The latest set of U.S.-China tariffs came into effect on Monday, effectively ruling out proposed trade talks between the two counties. […]

Jacobs Engineering Group Inc. JEC , in conjunction with its Aurecon Jacobs Mott MacDonald Joint Venture (AJM JV), is to serve Rail Projects Victoria as a technical advisor. The rail authority has appointed Jacobs to look after the Victorian Rail Infrastructure Program (VRIP). […]

Tensions pertaining to a trade war between the United States and China – the two largest economies – are showing no signs of easing. In fact, the impact of the tensions is increasing with each passing day with neither party showing any signs of relenting. In fact, earlier this month, the nations imposed fresh duties on each other’s goods. […]

The Boeing Company BA recently clinched a $198.9-million contract to provide logistics support, aft rotor blades and associated containers for its CH-47 Chinook Helicopter. The contract was awarded by the U.S. Army Contracting Command, Redstone Arsenal, Alabama […]

Hormel Foods Corporation HRL unveiled plans to expand Burke manufacturing facility through investments worth almost $150 million. Notably, Burke, located in Nevada, is one of the leading manufacturers of pizza toppings and other fully-cooked meat products in the prepared food and foodservice arena. […]

Despite a robust jobs market and strong economy, the rising U.S.-China trade war tensions are pretty upsetting for investors. The trade war has rattled majority of the industries, MedTech being one. […]

The U.S. energy sector has been burgeoning lately. With rising oil prices and consistent efforts by the government to keep production high, gains for the space have been abundant. […]

Investors need to tread with caution while buying stocks and dumping the ones that are not performing well. On that note, we advise investors to pull the plug on Campbell Soup Company CPB that has tanked close to 22% this year, underperforming the Zacks Food – Miscellaneous industry’s decline of 6.7%. The Zacks Rank #5 (Strong Sell) stock’s dismal run can be blamed on multiple hurdles such as a drab sales surprise history, softness in U.S. […]

Enphase Energy ENPH announced that it has been selected by Sunpro Solarto be the exclusive inverter supplier. Sunpro Solar is a leading provider of rooftop solar to the Gulf Coast as well as Southeast regions. The company utilizes Enphase IQ microinverters and the full suite of Enphase IQ™ accessory products […]

The biotech industry has witnessed a turnaround since May after a brief struggle in early 2018. The industry has risen 11.4% since April end compared with an increase of 9.9% registered by the broader S&P 500. […]

It was a busy week for the big drugmakers. The FDA granted approval to Lilly’s LLY calcitonin gene-related peptide ("CGRP") antibody, Emgality (galcanezumab) for migraine and Pfizer’s PFE Vizimpro (dacomitinib) for an advanced lung cancer indication. Novartis NVS announced plans to cut more than 2000 jobs in Switzerland and U.K. […]

American Electric Power AEP has announced that its unit AEP Ohio filed a proposal with the Public Utilities Commission of Ohio (PUCO) to support the development of 400 megawatts (MW) of new solar generation resources in Ohio by purchasing renewable power for its customers. The 300 MW Highland Solar and 100 MW Willowbrook Solar projects are being developed and owned by Hecate Energy Highland LLC and Willowbrook Solar LLC, respectively. These projects are expected to begin commercial operation from 2021, subject to regulatory approval […]

Keurig Dr Pepper KDP has agreed to buy CORE Nutrition LLC — a leading bottled water and other drinks’ maker — for $525 million. The company plans to finance this transaction using its common stock, net of current equity investment and some other contractual adjustments. The buyout, which is anticipated to close by the end of 2018, will generate roughly $435 million, net of planned tax benefits. […]

Industry experts believe that the shoes and retail apparel industry is likely to remain healthy, courtesy of steady economic growth, a robust job market and rising disposable income. Such factors are also likely to drive the performance of Wolverine World Wide, Inc. […]

In an intensely competitive Hotels & Motels industry, Hyatt Hotels Corporation H has done exceedingly well and emerged as an attractive investment option. This is quite evident from the stock’s performance in a year. Shares of the company have surged 30.8% compared with the industry ’s 1.3% increase […]