Month: December 2018

As President Trump reached a 90-day trade war truce with his Chinese counterpart Xi Jinping, the latter offered an olive branch by indicating that QUALCOMM Incorporated’s QCOM $44 billion deal to acquire NXP Semiconductors N.V. NXPI could be considered for approval if it is resubmitted. A Reuters report, however, claimed that although Qualcomm appreciated the renewed offer as a positive development for U.S. […]

On Dec 3, we issued an updated research report on wireless services provider, BlackBerry Limited BB . The company recently inked a definite agreement to acquire Irvine, CA-based cybersecurity firm Cylance for $1.4 billion in cash. […]

The bull market, which came into being in 2009, is widely expected to remain this year. This optimism largely stems from the Santa Claus rally, which is being felt way ahead of Christmas. […]

Wall Street is in the green despite being plagued by stock market mayhem in October and November. A sharp recovery in the last week of November has positioned all three major indexes – the Dow, S&P 500 and Nasdaq Composite – northbound. An initial truce between the United States and China regarding eight month old trade conflicts, robust U.S. […]

U.S. production of major plastic resins expanded 6.6% year over year to 7.3 billion pounds in October, according to the latest monthly report from the American Chemistry Council (“ACC”), a leading industry trade group. […]

Liberty Property Trust’s LPT industrial properties are not only witnessing robust demand from existing tenants but are also attracting new tenants. Recently, the company bagged a new lease at Liberty Ridge III that enabled it to achieve 100% occupancy at Liberty Ridge Industrial Park. Specifically, Liberty Property will rent out 22,680 square feet of space to an apparel company at 1955 T.W […]

Following a closely watched meeting on Dec 1, the United States and China announced that they were temporarily putting their trade war on hold. Additional tariffs will not be imposed on imports by both countries from Jan 1, 2019. […]

Ingevity Corporation NGVT is an attractive play for investors seeking exposure in the specialty chemical space. The company has seen significant upside to its stock since its shares started trading on the NYSE in May 2016, following its separation from the WestRock Company. Its shares have also popped around 39% year to date. […]

SL Green Realty Corp. SLG is making progress with its 31-story mixed-use building project at 185 Broadway in Lower Manhattan. […]

Ecolab Inc. ECL recently announced that it will acquire Bioquell PLC to enhance offerings for life sciences and healthcare environments. […]

Broadcom Limited AVGO is slated to release fourth-quarter fiscal 2018 results on Dec 6. Notably, the company surpassed the Zacks Consensus Estimate in the trailing four quarters with average positive surprise of 2.25%. […]