Month: December 2018

Shares of C.H. Robinson Worldwide, Inc. CHRW have fared well in a year’s time. […]

Dividend-paying securities are the major source of consistent income for investors when returns from the equity market are at risk. Honing in on the growth in this approach leads to a healthy portfolio with a greater scope of capital appreciation as opposed to simple dividend paying stocks or those with high yields. […]

Omnicell, Inc. OMCL has been gaining investor confidence on continued positive results. Over the past year, the company’s share price has outperformed its industry […]

To expand asset base in the oil-rich Persian Gulf and reduce its dependence on Africa, Eni SpA E is reportedly in talks to boost presence in Oman and the United Arab Emirates. Eni’s presence in the Middle East is very limited. […]

We issued an updated research report on Allegion plc ALLE on Dec 3. This security and safety services provider currently carries a Zacks Rank #3 (Hold). Its market capitalization is approximately $8.7 billion. […]

M.D.C. Holdings, Inc. MDC , one of the largest homebuilders in the United States, is poised to gain from its focus on more affordable product offerings and solid backlog. […]

AbbVie Inc. ABBV presented encouraging long-term follow up data from two clinical studies evaluating Venclexta (venetoclax) combo therapy and Imbruvica (ibrutinib) monotherapy at the annual meeting of the American Society of Hematology (“ASH”). […]

Broadcom Limited AVGO is slated to report fourth-quarter fiscal 2018 results on Dec 6. We believe that the company’s vast product portfolio, which serves multiple applications within four primary end markets (Wired Infrastructure, Wireless Communications, Enterprise Storage, and Industrial & Other), is likely to positively impact the to-be-reported quarter’s results. Further, diversification of end market and customer base bodes well for the company […]

We issued an updated research report on Illinois Tool Works Inc. ITW on Nov 30, 2018. This machinery company currently carries a Zacks Rank #3 (Hold) […]

Hyatt Hotels Corporation H closed its previously announced acquisition deal with lifestyle hotel management company Two Roads Hospitality. The acquisition took place under the financial advice from Goldman Sachs GS . On the completion of the acquisition, Hyatt has been able to expand its presence in 23 new markets, with management and license agreements for 74 operating hotels across North America and Asia […]

While battling with ongoing issues related to the multibillion-dollar 1Malaysia Development Bhd (1MDB) scandal, Goldman Sachs GS is now facing heightened investigation by the Federal Reserve. The news was reported by Bloomberg. The regulator is speeding up the inquiry into how employees, despite the company’s internal controls, were able to manipulate money from the Malaysian sovereign wealth fund. […]

BGC Partners BGCP announced that it has completed the distribution of all of the shares of Newmark Group NMRK . On Nov 13, 2018, BGC’s board of directors approved the distribution of all Newmark’s shares held by the company to its stockholders. BGC distributed these shares through a special pro rata stock dividend […]

Per Reuters, Tesla, Inc. TSLA reached the milestone of making 1,000 of its Model 3 sedans in a day. The news first appeared on Electrek.com. […]

Zayo Group Holdings, Inc. ZAYO recently announced that it is augmenting a new long haul fiber ring in the U.K. that will allow its customers to traverse the country through direct and low-latency paths […]